Will the dollar smile on a 25 bps cut, Morgan Stanley asks
Investing.com – The U.S. dollar has been hit hard by expectations that the Federal Reserve will start its rate-cutting cycle…
US regulator to propose strengthened rules for banks working with fintechs
By Hannah Lang (Reuters) – A top U.S. banking regulator is set to propose that banks bolster recordkeeping requirements for…
US home builder confidence edges up as rate cut looms
(Reuters) – U.S. home builder confidence edged up in September as mortgage rates fell, breaking four months of consecutive declines,…
Why these analysts say the Fed should “front-load” cuts in potential easing cycle
Investing.com — The Federal Reserve should not only begin a new cycle of interest rate cuts at its upcoming gathering this…
US manufacturing output rebounds in August
WASHINGTON (Reuters) – Production at U.S. factories surged in August amid a rebound in motor vehicle output, but data for…
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…
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,…
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…
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…
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…