• September 24, 2024

German Economy to Pick Up Speed Again, Bundesbank’s Nagel Says

(Bloomberg) -- Germany’s economy is likely to gather pace as several of the causes behind its recent weakness prove short-lived, according to Bundesbank President Joachim Nagel. Some of the facto...

Read More

• September 24, 2024

Passive Funds Boost Treasury Trading at Month-End, Fed Blog Says

(Bloomberg) -- The final day of each month has become the busiest trading session for US Treasuries, according to two Federal Reserve Bank of New York researchers. There’s been a marked change in...

Read More

• September 24, 2024

US home prices notch another record high in July

US home prices hit a record high in July, highlighting the affordability challenges buyers face despite a downward trend in mortgage rates . The S&P Case-Shiller National Home Price Index r...

Read More

• September 24, 2024

Consumer confidence sees largest decline in more than 3 years

Consumer confidence tumbled in September as Americans grew increasingly worried about a cooling labor market. The latest index reading from the Conference Board was 98.7, below the 105.6 seen i...

Read More

• September 24, 2024

EIG’s Brazil Oil Port to Boost Exports With Repsol as New Client

(Bloomberg) -- EIG Global Energy Partners has added Spanish oil major Repsol SA as a client for shipping crude overseas from its port facilities in southeast Brazil. Repsol has agreed to use Port...

Read More

• September 24, 2024

Mexico’s Annual Inflation Slows and Sets Up Another Rate Cut

(Bloomberg) -- Mexico’s headline inflation slowed more than expected in early September, giving Banco de Mexico room to cut borrowing costs for a second straight month at this week’s interest rate m...

Read More

• September 24, 2024

Fed's Bowman: Lingering inflation risks warrant more cautious cuts

By Howard Schneider WASHINGTON (Reuters) - U.S. Federal Reserve Governor Michelle Bowman said on Tuesday key measures of inflation remain "uncomfortably above" the Fed's 2% target, warranting cau...

Read More

• September 24, 2024

Bowman Says Fed Must Keep Eye on Inflation, Upside Risks Remain

(Bloomberg) -- Federal Reserve Governor Michelle Bowman said the central bank should lower interest rates at a “measured” pace, arguing that inflationary risks remain and that the labor market has n...

Read More

• September 24, 2024

Exclusive-German institutes expect economy to contract again in 2024, say sources

By Rene Wagner and Christian Kraemer BERLIN (Reuters) -Germany's leading economic institutes have downgraded their forecast for 2024 and now see Europe's largest economy shrinking by 0.1%, people...

Read More

• September 24, 2024

Mexico's inflation undershoots forecasts ahead of rate decision

(Reuters) -Mexico's annual inflation slowed more than expected in the first half of September, official data showed on Tuesday, paving the way for the country's central bank to deliver another inter...

Read More