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News
Ahead of Fed meeting, Trump says US should have world’s lowest interest rate
14+ hour, 58+ min ago (374+ words) By Bo Erickson, Padraic Halpin and Conor Humphries DOONBEG, Ireland, Sept 13 (Reuters) – No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve’s next policy meeting. Speaking to reporters at…...
Carney pushes idea of making Canada ‘associate member’ of EU, WSJ reports | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County
19+ hour, 8+ min ago (349+ words) BRUSSELS, Sept 13 (Reuters) – Canada’s Prime Minister Mark Carney wants closer links with the European Union and is exploring whether his country could become an “associate member” of the bloc, The Wall Street Journal reported on Sunday. The EU, which has…...
Texas Stock Exchange captures first primary equity market listings from NYSE
3+ day, 8+ hour ago (544+ words) PROVIDENCE, Rhode Island, Sept 10 (Reuters) – The fledgling Texas Stock Exchange on Thursday scored another victory against established New York trading venues, convincing three related energy partnerships to shift their primary listing from the New York Stock Exchange to Dallas. In…...
IMF says global growth on track to reach 3% in 2026, but risks remain high | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County
3+ day, 14+ hour ago (567+ words) By Andrea Shalal and Rodrigo Campos WASHINGTON, Sept 10 (Reuters) – The IMF said on Thursday the global economy had weathered the energy shock caused by the war in the Middle East better than feared and global economic output was still expected…...
ECB hikes rates as Iran war adds to inflation angst
3+ day, 17+ hour ago (668+ words) LONDON, Sept 10 (Reuters) – The European Central Bank raised interest rates for the second time this year in a widely flagged move on Thursday, hoping to tame an inflation rise driven entirely by higher energy costs from the Iran war. The…...
BOJ policymaker warns of price risks that may trigger rapid rate hikes
4+ day, 2+ hour ago (734+ words) FUKUI, Japan, Sept 10 (Reuters) – The Bank of Japan may eventually be forced to raise interest rates rapidly if inflation accelerates given the country’s loose financial conditions, board member Kazuyuki Masu said, warning of price risks that solidify the chance of…...
French economy set for only 0.4% growth this year, says INSEE
3+ day, 15+ hour ago (365+ words) PARIS, Sept 10 (Reuters) – The French economy will grow markedly less this year than the government has anticipated as declining purchasing power weighs on consumer spending and firms rein in investment, the national statistics office forecast on Thursday, cutting its outlook....
AI boom poses new financial stability risks, BIS head says
4+ day, 50+ min ago (463+ words) LONDON, Sept 10 (Reuters) – AI’s rapid rise is creating new financial stability risks, Bank for International Settlements head Pablo Hernandez de Cos said, with spending on related infrastructure already at a scale significant enough to influence global economic conditions. For central…...
ECB raises interest rates to fight off inflation jump
3+ day, 18+ hour ago (417+ words) FRANKFURT, Sept 10 (Reuters) – The European Central Bank raised interest rates for the second time this year in a widely flagged move on Thursday, hoping to tame an inflation rise driven entirely by higher energy costs from the Iran war. Surging…...
German August inflation confirmed at 2.9%
4+ day, 35+ min ago (60+ words) WTVB German August inflation confirmed at 2.9% BERLIN, Sept 10 (Reuters) – German inflation accelerated to 2.9% in August, the federal statistics office said on Thursday, confirming preliminary data. Germany’s consumer prices, harmonised to compare with other European Union countries, stood at 2.8% year on…...