• October 9, 2024

US bank profits to shrink on interest income, focus shifts to Fed cuts

By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase and Wells Fargo kick off earnings for the sector on Friday, and investors are expected to focus on the big banks' forecasts for net interes...

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• October 9, 2024

Dollar Set for Best Run of Gains Since 2022 as Fed Cut Bets Fade

(Bloomberg) -- The dollar is on track for its best run in more than two years as US economic resilience forces traders once again to rethink their bets for more aggressive Federal Reserve interest-r...

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• October 9, 2024

Federal Flood Maps Are No Match for Florida’s Double Hurricane

(Bloomberg) -- Even before the second megastorm in as many weeks brings devastating floodwaters to the Southeast US, it’s already clear that federal flood-risk maps underpinning decisions by million...

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• October 9, 2024

Geopolitical strife could cost global economy $14.5 trln over 5 years -Lloyd's of London

LONDON (Reuters) -The global economy could face losses of $14.5 trillion over a five-year period from a hypothetical geopolitical conflict which hits supply chains, insurance market Lloyd's of Londo...

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• October 9, 2024

Singapore seen keeping monetary policy unchanged as inflation risks linger

By Xinghui Kok SINGAPORE (Reuters) - Singapore's central bank is widely expected to keep monetary policy unchanged next week and hold off easing settings amid inflation and growth uncertainties c...

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• October 9, 2024

Fitch says decarbonisation of world economy progressing far too slowly

(Refiles to add dropped letter in final word.) LONDON (Reuters) - Decarbonisation of the global economy is progressing too slowly and while there has been improvement among big developed economie...

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• October 9, 2024

Geopolitical risk premium in oil market slips slightly, Goldman Sachs says

(Reuters) - Goopolitical risk premium gauges in the oil market have decreased slightly this week, following sharp increases last week in both Brent implied volatility and call options implied vola...

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• October 9, 2024

New Zealand Steps Up Pace of Rate Cuts as Economy Weakens

(Bloomberg) -- New Zealand’s central bank cut interest rates by half a percentage point, stepping up the pace of easing as policymakers become more concerned about the economic slowdown. ...

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• October 9, 2024

Fed Vice Chair Jefferson: Sept rate cut was 'timely'

(Reuters) - The Federal Reserve's 50-basis-point interest-rate cut last month was "timely" and was neither reactive, nor proactive, Fed Vice Chair Philip Jefferson said on Tuesday. "It was ...

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• October 8, 2024

Fed Vice Chair Jefferson: rate cut aimed at keeping US job market strong

(Reuters) - Federal Reserve Vice Chair Philip Jefferson on Tuesday said the U.S. central bank's half-percentage-point interest-rate cut last month was aimed at keeping the labor market strong even...

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