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Macroeconomics
Nov 12, 2024
Upside surprise in inflation could push Fed to pause in December: Fed's Kashkari
A upside surprise in inflation in weeks leading up to the Federal Reserve's December meeting, could encourage the central bank to pause rate cuts, Minneapolis...
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Nov 12, 2024
Argentine consumers feel squeezed even as inflation dips below 200%
BUENOS AIRES (Reuters) -Argentine inflation has dipped to 193%, landing below the 200% threshold for the first time in close to a year, data from statistics agency INDEC showed on...
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Nov 12, 2024
Could Trump appoint a 'shadow Fed chair' to rival Powell?
Federal Reserve chair Jerome Powell has made it clear that he is willing to remain in place even if President-elect Donald Trump demands his resignation, but...
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Nov 12, 2024
Fed policy is 'modestly restrictive,' Kashkari says
(Reuters) - Minneapolis Federal Reserve Bank President Neel Kashkari said he feels U.S. monetary policy is currently "modestly restrictive," with short-term borrowing costs...
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Nov 12, 2024
French economy to stall in 4th quarter, central bank says
PARIS (Reuters) - French economic growth will flatline in the final three months of the year as activity moderates in the wake of the Olympic Games, the central bank said on...
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Nov 12, 2024
WTO may seek to reappoint chief ahead of Trump presidency
By Emma Farge GENEVA (Reuters) - The World Trade Organization is planning a special meeting of its top decision-making body later this month where a call could be made on the...
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Nov 12, 2024
Long-time CEO of NEOM goes as Saudi Arabia scales back mega-projects
By Nayera Abdallah and Pesha Magid DUBAI/RIYADH (Reuters) -Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia's drive...
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Nov 12, 2024
US Supreme Court rebuffs challenge to New York rent stabilization
By John Kruzel WASHINGTON (Reuters) -The U.S. Supreme Court declined on Tuesday to hear a bid by landlord groups to challenge rent stabilization laws in New York City that cap...
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Nov 12, 2024
New German finance minister does not plan 2024 budget freeze
By Maria Martinez BERLIN (Reuters) -New German Finance Minister Joerg Kukies said on Tuesday there will be no budget freeze for this year as a result of the country's three-way...
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Nov 12, 2024
EU approves Poland's application for $10 billion in pandemic recovery funds
WARSAW (Reuters) - The EU Commission has approved Poland's application for further installments of European Union pandemic recovery funds worth 9.4 billion euros ($9.96 billion),...
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