Economy

Top 5 Things to Watch Today in Investing

Global stock markets are experiencing an upward trend as investors closely monitor developments in the oil sector. Oil prices have…

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ECB to Reduce Rates by 25bps in October and December as Euro Zone Economy Weakens: Reuters Poll

By Indradip Ghosh BENGALURU – The European Central Bank (ECB) is expected to reduce its deposit rate by 25 basis…

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Japan Trusts BOJ on Monetary Policy, Economy Minister States

By Leika Kihara TOKYO – Japan’s new economy minister, Ryosei Akazawa, stated on Tuesday that the government has confidence in…

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Fed May Face Challenges in Overcoming Stigma of Backstops Amid New Initiative

By Paritosh Bansal The U.S. Federal Reserve is urging banks to utilize its previously underused cash backstop mechanisms to further…

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Futures Rise Amid Inflation Data and Upcoming Earnings, According to Reuters

U.S. stock index futures experienced an uptick on Tuesday, recovering from the previous session’s decline as investors look for new…

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UK Sanctions Russian Troops for Deploying Chemical Weapons in Ukraine, Reports Reuters

LONDON (Reuters) – The British government has imposed sanctions on Russian military personnel linked to the use of chemical weapons…

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Fed’s Williams Signals Support for Quarter-Point Interest Rate Cuts

A senior official at the Federal Reserve expressed optimism regarding the central bank’s ability to facilitate a soft landing for…

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US Jobs Market Cooling Yet Remaining Resilient, Says Fed’s Kugler

FRANKFURT – The U.S. job market has begun to show signs of cooling, yet it remains resilient. Federal Reserve Governor…

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Bundesbank’s Nagel Open to Another ECB Rate Cut, According to Reuters

Bundesbank President Signals Openness to Further ECB Rate Cuts BERLIN – Joachim Nagel, President of the Bundesbank, has expressed potential…

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Fed’s Williams Indicates It May Be Appropriate to Cut Rates ‘Over Time’, Reports FT By Reuters

Federal Reserve Bank of New York President John Williams stated that it may be appropriate for the central bank to…

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