Citi projects BoC to cut rates amid weaker Canada CPI data
Citi analysts pointed out that Canada’s Headline Consumer Price Index (CPI) decline of 0.2% month-on-month in August, aligning with a...
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Sahm rule creator sees 50-bps Fed rate cut on labor market worries
By Bansari Mayur Kamdar (Reuters) – The U.S. economy is not in a recession but labor-market weakness might worry the...
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French central bank sees consumer gains easing budget pains
PARIS (Reuters) – France’s economy is set to gain momentum in the coming two years as lower inflation boosts consumer...
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IMF says it held productive discussions with Kenya on economic, fiscal challenges
NAIROBI (Reuters) – The International Monetary Fund said on Tuesday it has held productive discussions with the Kenyan government on...
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S&P 500 on track for first record close since July
(Reuters) – The S&P 500 rose to an all-time intraday high on Tuesday and was on track for a record...
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Italian, Latvian to make sure EU recovery fund billions get spent
By Jan Strupczewski BRUSSELS (Reuters) – Italy’s Raffaele Fitto and Latvia’s Valdis Dombrovskis were asked by European Commission head Ursula...
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US watchdog warns banks about customer consent for overdraft fees
(Reuters) – The top U.S. regulator for consumer finance on Tuesday published legal guidance that it said would help stop...
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Von der Leyen names new European Commission with focus on security, competitiveness
By Ingrid Melander and Philip Blenkinsop STRASBOURG, France (Reuters) – European Commission chief Ursula von der Leyen on Tuesday named...
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Bank of Spain ups 2024 economic growth forecast, again
MADRID (Reuters) – Spain’s central bank on Tuesday raised this year’s economic growth forecast to 2.8% from 2.3% expected previously,...
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Fed to go big on first rate cut, traders bet
By Ann Saphir (Reuters) – Traders on Tuesday kept bets the Federal Reserve will start an expected series of interest...
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