China to cut existing mortgage rates by end-Oct, cities ease home-buying curbs
BEIJING (Reuters) -China’s central bank said on Sunday it would tell banks to lower mortgage rates for existing home loans…
Australia revises down commodity revenue forecasts as prices trend lower
By Lewis Jackson SYDNEY (Reuters) – Australia slightly revised down its forecasts for resource and energy export earnings on Monday…
China says it will focus on solving outstanding economic problems
SHANGHAI (Reuters) – China said it will focus on solving outstanding economic problems and strive to complete annual economic and…
Fed should cut interest rates ‘gradually,’ Musalem says
(Reuters) – St. Louis Federal Reserve Bank President Alberto Musalem on Friday said the U.S. central bank should cut interest…
IMF, Ethiopia reach staff-level agreement on first review of loan program
WASHINGTON (Reuters) – International Monetary Fund staff and Ethiopia have reached an agreement on economic policies to conclude the first…
Four ways tariffs drive up inflation
Investing.com — In recent months, economists have been cautiously optimistic, celebrating the containment of inflation after a turbulent period. However,…
Why Fed’s 50bp move hasn’t changed much for global central banks
Morgan Stanley analysts believe the Federal Reserve’s recent 50 basis point (bp) rate cut does not signal a significant change…
Did China just launch a bazooka?
Investing.com — Financial markets in China have experienced a jolt after announcements of policies that have been compared to launching…
LVMH deal spurs rally in Moncler, speculation about luxury sector M&A
By Mimosa Spencer and Anna Pruchnicka PARIS (Reuters) -Shares in Moncler rose sharply on Friday after French rival LVMH invested…
US Medicare says Part D and Advantage premiums will fall in 2025
By Ahmed Aboulenein WASHINGTON (Reuters) – Average premiums and benefits for Medicare’s prescription drug program and private Medicare plans are…