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Macroeconomics
Nov 10, 2024
Factbox-What you need to know about China's $1.4 trillion debt package
(Reuters) - China unveiled a 10 trillion yuan ($1.4 trillion) debt package on Friday to ease local government financing strains and stabilise flagging economic growth, but...
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Nov 10, 2024
No reason not to cut rates in Dec as of now, ECB's Holzmann tells paper
VIENNA (Reuters) - As things currently stand, there is no reason for the European Central Bank not to cut interest rates in December but the decision will be based on the data...
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Nov 10, 2024
Fed's Kashkari says broad-based US deportations could disrupt labor for some businesses
WASHINGTON (Reuters) -Widespread deportation of foreign-born workers from the United States probably would disrupt some businesses, but the impact on inflation and the broad...
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Nov 10, 2024
Top 5 things to watch in markets in the week ahead
After a historic week for markets in the wake of Donald Trump's resounding win in the U.S. presidential election investors will be turning their attention to...
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Nov 10, 2024
Mnuchin won't rejoin Trump administration, but has advice on sanctions, debt
By David Lawder WASHINGTON (Reuters) - Donald Trump's former Treasury secretary, Steven Mnuchin, said he will not seek to join the president-elect's new administration but is...
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Nov 10, 2024
UK minister rules out using Nigel Farage as link to Trump
LONDON (Reuters) - A British minister said on Sunday that the government is unlikely to ask the Reform party leader Nigel Farage to act as an intermediary to deal with U.S....
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Nov 10, 2024
What is the potential impact on China from possible 60% tariff? Citi discusses
In a Wednesday note to clients, Citi economists discussed the potential impact of a 60% tariff on Chinese goods entering the US market, a measure that has gained...
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Nov 09, 2024
BOJ hopes to keep 2% inflation target while monitoring climate shock risks
By Leika Kihara TOKYO (Reuters) - The Bank of Japan (BOJ) hopes to maintain its 2% inflation target even if climate change causes long-term shocks to future price developments,...
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Nov 09, 2024
Fed's Kashkari: Both political parties want inflation lower
WASHINGTON (Reuters) -Minneapolis Federal Reserve President Neel Kashkari said he was not concerned about a potential clash between the Fed and President-elect Donald Trump...
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Nov 09, 2024
Firefighters gaining control over devastating wildfire near Los Angeles
By Rich McKay and Daniel Trotta (Reuters) - Firefighters started gaining control on Friday over a stubborn wildfire near Los Angeles that destroyed at least 132 buildings and...
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