More rate cuts a “positive” for small cap firms – Bank of America
Investing.com — Further potential interest rate cuts by the Federal Reserve this year could help boost small-cap companies, but lingering uncertainty…
US existing home sales drop in August; supply improves
WASHINGTON (Reuters) – U.S. existing home sales fell more than expected in August as house prices remained elevated despite a…
Trump claims Fed’s jumbo rate cut shows US economy is “very bad”
Investing.com — Republican presidential candidate Donald Trump has argued that the Federal Reserve’s decision to roll out a super-sized 50-basis point…
Cautious Bank of England hold rates, extends bond reduction plan
By Andy Bruce and David Milliken LONDON (Reuters) -The Bank of England kept interest rates at 5.0% on Thursday, saying…
US 30-year fixed-rate mortgage falls to 6.09%
WASHINGTON (Reuters) – U.S. mortgage rates dropped to the lowest level in more than 1-1/2 years this week and could…
Bank of England leaves rates at 5%, pound hits highest since March 2022
LONDON (Reuters) – The Bank of England left interest rates at 5% on Thursday and voted to run down its…
OECD still sees ‘100% commitment’ to finalise global tax pact
PARIS (Reuters) – The Organisation for Economic Cooperation and Development (OECD) still sees total commitment from countries seeking to wrap…
Factbox-Most brokerages expect 50 bps in rate cuts from Fed for rest of 2024
(Reuters) -Most major brokerages expect the U.S. Federal Reserve to lower interest rates by a cumulative 50 basis points in…
Amid deepening economic crisis, Cuba tightens rules on fledgling private sector
By Marc Frank and Dave Sherwood HAVANA (Reuters) – Cuba’s booming private businesses braced for impact on Wednesday as the…
Any bank merger in Germany must create competitive lender, Bundesbank chief says
FRANKFURT (Reuters) – Any bank merger in Germany must create a competitive institution robust enough to support economic growth, Bundesbank…