Traders now see the Fed delivering another 50bps rate cut in November
Investing.com — Traders slightly increased their bets on the Federal Reserve delivering another 50-basis-point rate cut in November after a…
Why China’s move is ‘a game changer’
Investing.com — China’s recent stimulus measures are being labeled a potential game changer for the country’s struggling economy, according to…
Canada budget deficit over first four months of 2024/25 jumps to C$7.3 billion
OTTAWA, Sept 27 (Reuters) – Canada recorded a sharply higher C$7.29 billion ($5.41 billion) budget deficit for the first four…
Fed’s Bowman says discount window use is for emergencies
(Reuters) – Federal Reserve Governor Michelle Bowman on Thursday said banks’ use of the Fed’s discount window is for emergencies,…
US pending home sales hover near record low in August, NAR says
(Reuters) – Contracts to buy U.S. previously owned homes edged up in August from July’s record-low level as a drop…
Fed’s Williams announces new effort to study reference rates
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said Thursday his…
US core capital goods orders rise in August
WASHINGTON (Reuters) – New orders for key U.S.-manufactured capital goods unexpectedly rose in August, though business spending on equipment appears…
Fed’s Barr: Discount window can be source of normal funding for banks
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s point man on bank oversight, Michael Barr, said on…
Yellen says economy on ‘soft landing’ path, Fed’s policy rate will fall to neutral level
By Susan Heavey and David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that labor market…
Evergrande EV unit’s liquidators still in talks with potential stake buyers
(Reuters) -Liquidators of the electric vehicle arm of debt-laden China Evergrande (HK:3333) are still in talks with a potential buyer…