POLL Bank Indonesia to hold rates steady at 4.75% on November 19, cut next month
A majority of economists, 24 of 30, expect rates to be on hold at 4.75% on November 19…
US construction spending rebounds in August
WASHINGTON, Nov 17 (Reuters) – U.S. construction spending unexpectedly rebounded in August, likely lifted by home renovations as…
US, Japan share unorthodox anti-inflation tool – fiscal stimulus
ORLANDO, Florida, Nov 13 (Reuters) – The United States and Japan are both employing a novel inflation-fighting tool:…
Pension funds reject UK Plc proposal to get savers into local stocks
Pension industry warns against UK investment drive Executives have urged UK finance minister to boost domestic share purchases…
AI clouds up the economic dashboard
LONDON, Nov 10 (Reuters) – The return of U.S. economic data when Washington reopens may do little to…
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
Internet platforms cautiously resume lending business expansion Regulatory environment normalising after years-long crackdown Beijing seeks to spur consumer…
Markets brace for life after global easing cycle
ORLANDO, Florida, Nov 6 (Reuters) – The global interest-rate cutting cycle has likely peaked. The question now is…
Dollar weakens amid soft labor US data
Item 1 of 2 Woman holds British Pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration…
Investors bet on ‘joy postponed’ with a BoE cut in December
Policymakers voted 5-4 to keep rates at 4% Analysts had expected a 6-3 split in favour of no…
Morning Bid: Selloff abates as economy hums, layoffs rise
Nov 6 – What matters in U.S. and global markets today By Mike Dolan, opens new tab, Editor-At-Large,…
UK savers pulling cash from pensions ahead of budget, money managers say
Item 1 of 2 People carrying British Union Jack flag themed umbrellas walk past the Houses of Parliament…
Bessent says high US interest rates may have caused housing recession
Item 1 of 2 A “For Sale” sign stands in front of a house, on the North Shore…