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Macroeconomics

Texas economy growth moderates but remains strong: Wells Fargo

Wells Fargo (NYSE:WFC) economists noted that the Texas economy, while cooling from its post-pandemic surge, continues to outpace the national average in employment and GDP...

TikTok owner ByteDance, DeepSeek lead Chinese push in AI reasoning

By Liam Mo and Brenda Goh BEIJING (Reuters) - TikTok owner ByteDance on Wednesday released an update to its flagship AI model aimed at challenging Microsoft-backed OpenAI’s latest...

UBS predicts US 10-year bond yield to hit 4.25% by end-2025

UBS is out with its latest forecast for the US 10-year bond yield, predicting it will rise to 4.25% by the end of 2025, with the 2-year note yield expected at 3.65%. The research...

15 Chinese provinces revise 2025 GDP growth targets

-- Fifteen provinces in China have revised their GDP growth targets for 2025, with most setting their aim between 5% and 6%. Qinghai province is the only one with a...

Polish PM urges EU to increase defense spending in order to 'survive'

-- Polish Prime Minister, Donald Tusk, on Wednesday, urged the European Union (EU) to increase its defense spending in response to an increasingly uncertain global...

Trump administration policies could influence US inflation, not Europe: ECB's Villeroy

-- The policies of the new Trump administration may lead to changes in inflation in the United States, but are not likely to significantly affect price pressures in...

ECB's Lagarde: Europe must be prepared for US to impose tariffs - CNBC

- Europe must be prepared for US President Donald Trump to introduce new import tariffs on the region, European Central Bank President Christine Lagarde has...

ECB's Villeroy: Trump policies unlikely to have much impact on euro inflation

(Reuters) - The new Trump administration's policies may affect inflation in the United States but are unlikely to have much impact on price pressures in Europe, ECB policymaker...

ECB's Stournaras advocates for gradual interest rate cuts to near 2% by year-end- report

-- Yannis Stournaras, a member of the European Central Bank's Governing Council, has advised that the bank should continue to gradually reduce interest rates, with a...

Norwegian and Swedish central banks seen ending easing cycle by mid-year

-- Analysts from Nordea Bank Abp (OTC:NRDBY) predict that the central banks of Sweden and Norway will end their current easing cycle within the next six months. This...

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