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Potential higher tariffs stoke worries on economy, higher inflation: Biege Book

January 15, 2025

Investing.com — The potential for higher tariffs from the incoming Donald Trump administration has stoked concerns about economy and inflation at time

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Bank of England’s Taylor says it’s time to cut interest rates

January 15, 2025

By Andy Bruce LEEDS, England (Reuters) -The Bank of England should move quickly to bring down interest rates given signs of a slowdown

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Bank of England official urges swift rate cut amid economic slowdown signs

January 15, 2025

Investing.com — Alan Taylor, the most recent appointee to the Bank of England’s (BoE) interest rate-setting body, has called for a swift

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Latest US sanctions on Russia more serious says Macquarie

January 15, 2025

Macquarie strategists assessed the latest round of US sanctions, emphasizing their severity compared to previous measures. The sanctions, which target individuals, corporate

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Macquarie expects FOMC to cut rates after US CPI data

January 15, 2025

Macquarie has reaffirmed its expectation that the Federal Open Market Committee (FOMC) will implement a single 25 basis points rate cut following

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Fed’s Williams says policy data dependent in very uncertain environment

January 15, 2025

By Michael S. Derby HARTFORD, Connecticut (Reuters) – Federal Reserve Bank of New York President John Williams said Wednesday that future monetary policy

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Yellen defends COVID spending, says it saved millions from losing jobs

January 15, 2025

By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday will defend the Biden administration’s response to the COVID pandemic,

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Bank of England to cut interest rates four times this year – Reuters poll

January 15, 2025

By Hari Kishan and Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will cut interest rates four times this year to support

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Michigan governor warns Trump tariffs on Mexico, Canada could harm US auto sector

January 15, 2025

(Reuters) – Michigan Governor Gretchen Whitmer on Wednesday warned that potential 25% tariffs on imports from Mexico and Canada suggested by President-elect

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Wall Street analysts react to latest inflation data

January 15, 2025

Investing.com — The latest U.S. Consumer Price Index (CPI) report has sparked a range of reactions from Wall Street analysts, with key implications

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Fed’s Barkin says latest CPI data shows price pressures continue to ease

January 15, 2025

ANNAPOLIS, Maryland (Reuters) – U.S. inflation data for December indicates price pressures are continuing to ease, Richmond Federal Reserve President Thomas Barkin

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Morgan Stanley says USD/IDR stability remains uncertain after a surprise rate cut

January 15, 2025

Investing.com — In an unexpected move, Bank Indonesia (BI) has trimmed its policy rate by 25bps, a strategy aimed at bolstering domestic

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Canadian home sales fall in December; up 10% in fourth quarter

January 15, 2025

By Fergal Smith TORONTO (Reuters) – Canadian home sales took a breather in December but were still 10% higher in the fourth quarter

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US health officials set to ban Red No. 3 food coloring- Bloomberg News

January 15, 2025

Investing.com — US health officials are preparing to prohibit the use of the artificial food coloring Red No. 3, which is found

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US imposing new export controls on biotech equipment over China concerns

January 15, 2025

By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department said Wednesday it is imposing new export controls on biotechnology equipment and related

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Trump’s new SEC leadership poised to kick start crypto overhaul, sources say

January 15, 2025

By Hannah Lang and Chris Prentice WASHINGTON (Reuters) – Top Republican officials at the U.S. Securities and Exchange Commission are poised to begin

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