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Macroeconomics
Nov 13, 2024
Fed December rate cut on track as policy remains restrictive: UBS
The road ahead for a December rate cut remains in place as recent comments from Fed members signal that policy is still in restrictive territory, UBS said in a...
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Nov 13, 2024
Fed officials wary of inflation risks as they weigh more rate cuts
By Ann Saphir (Reuters) -After a scare earlier this year that the U.S. labor market might be cooling too fast, some Federal Reserve policymakers are shifting their attention back...
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Nov 13, 2024
Fed's Schmid: extent of further rate cuts 'remains to be seen'
(Reuters) - Kansas City Federal Reserve Bank President Jeffrey Schmid on Wednesday said the U.S. central bank's interest-rate cuts to date acknowledge its growing confidence that...
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Nov 13, 2024
Musalem says Fed in 'last mile' of inflation fight, but recent data raise risks
The Federal Reserve is in the "last mile" of its inflation fight, with price pressures converging towards the U.S. central bank's 2% target, though recent data have raised the...
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Nov 13, 2024
Explainer-Why are countries fighting over climate finance at COP29?
By Kate Abnett BAKU (Reuters) - The main task for nearly 200 countries at the U.N.'s COP29 climate summit is to broker a deal that ensures up to trillions of dollars in financing...
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Nov 13, 2024
German opposition leader Merz says debt brake can be reformed
By Andreas Rinke and Maria Martinez BERLIN (Reuters) -The leader of Germany's conservative Christian Democrats (CDU) Friedrich Merz said on Wednesday he could be open to reforming...
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Nov 13, 2024
Scholz, fighting for survival, says Germans should not choose between security and prosperity
By Thomas Escritt and Sarah Marsh BERLIN (Reuters) -Chancellor Olaf Scholz on Wednesday appealed to parties to pass measures such as raising child benefits and lifting tax...
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Nov 13, 2024
Traders bet on Fed December rate cut after inflation data
(Reuters) - Traders of contracts that settle to the Federal Reserve's policy rate moved Wednesday to price in a firmer chance of another quarter-point interest-rate cut at the...
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Nov 13, 2024
US consumer prices rise by 2.6% annually in October
- Headline US inflation accelerated slightly as expected in October, according to Labor Department data that will likely be closely-monitored by the Federal Reserve...
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Nov 13, 2024
Retail boss calls for UK tax rises to be staggered to avoid stoking inflation
LONDON (Reuters) -The new Labour government must re-think the timing of tax rises imposed in last month's budget and instead phase them in if it wants to avoid fuelling inflation,...
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