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Fed should deliver big rate cuts this year, Miran tells Fox Business
By Michael S. Derby Jan 6 (Reuters) - Federal Reserve Governor Stephen Miran, whose term at the U.S. central bank ends later this month, said on Tuesday aggressive U.S. interest rate cuts are needed this year to keep the economy moving forward."I think policy is clearly restrictive and ho...Reuters
Tue, Jan 6
Canada's services PMI shows sector contracting further in December
By Fergal Smith TORONTO, Jan 6 (Reuters) - Canada's services economy remained in contraction in December as trade uncertainty weighed on employment and client spending, S&P Global's Canada services PMI data showed on Tuesday.The headline Business Activity Index rose to 46.5 last month...Reuters
Tue, Jan 6
German inflation slows more than expected in December
By Maria Martinez BERLIN, Jan 6 (Reuters) - German inflation slowed more than expected in December, dipping to 2.0% year on year, preliminary data from the federal statistics office showed on Tuesday. Analysts polled by Reuters had forecast EU-harmonised inflation falling to 2.2% from last month&...Reuters
Tue, Jan 6
Ford's annual US auto sales rise 6% on demand for hybrids, affordable pickup truck
Jan 6 (Reuters) - Ford F.N on Tuesday reported higher auto sales in the U.S. in 2025, as strong consumer appetite for its hybrid models and affordable pickup truck helped it offset slowing electric vehicle sales. The Detroit automaker's annual sales rose 6% in 2025 to 2,204,124 units, from 2...Reuters
Tue, Jan 6
Precious metals surge, stumble, then rebound – Commerzbank
Precious metal prices experienced spectacular rises in the final days of the year, followed in some cases by sharp setbacks. On Boxing Day, the price of Gold reached a new record high of $4,550 per troy ounce, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Tue, Jan 6
Fed's Miran says he wants big rate cuts out of U.S. central bank this year - Fox Business
Jan 6 (Reuters) - Stephen Miran, a Federal Reserve governor whose term ends at the end of January, said Tuesday the U.S. central bank needs to cut interest rates aggressively this year to keep the economy moving forward.“I think policy is clearly restrictive and holding the economy back,” Miran said...Reuters
Tue, Jan 6
Fed's Barkin says U.S. facing risks to both central bank mandates
By Howard SchneiderWASHINGTON, Jan 6 (Reuters) - Further U.S. Federal Reserve interest rate changes will need to be "finely tuned" to incoming data given risks to both the Fed's unemployment and inflation goals, Richmond Fed president Tom Barkin said on Tuesday. "Both sides of our m...Reuters
Tue, Jan 6
German inflation slows more than expected in December
BERLIN, Jan 6 (Reuters) - German inflation slowed more than expected in December, dipping to 2.0% year on year, preliminary data from the federal statistics office showed on Tuesday. Analysts polled by Reuters had forecast EU-harmonised inflation falling to 2.2% from last month's 2.6%.Reuters
Tue, Jan 6
Tesla's German car sales drop by almost half in December
Jan 6 (Reuters) - Tesla's TSLA.O sales volume in Germany nearly halved in December from the same month last year, the German road traffic agency KBA said on Tuesday.KBA said Tesla sold 2,032 cars in Germany in December, a decrease of 48%. The number of Teslas sold in 2025 dropped 48.4% to 19,390...Reuters
Tue, Jan 6
Tesla's German car sales drop by almost half in December
Jan 6 (Reuters) - Tesla's TSLA.O sales volume in Germany nearly halved in December from the same month last year, the German road traffic agency KBA said on Tuesday.KBA said Tesla sold 2,032 cars in Germany in December, a decrease of 48%. The number of Teslas sold in 2025 dropped 48.4% to 19,390...Reuters
Tue, Jan 6
Inflation slows in several German states in December
BERLIN, Jan 6 (Reuters) - Inflation slowed in several German states in December, official data showed on Tuesday, pointing to a lower national rate in Europe's largest economy. Official national data are due at 2 p.m. (1300 GMT).Inflation fell below the 2% mark in North Rhine-Westphalia, Germany...Reuters
Tue, Jan 6
Tesla UK car sales slump 29% in December as Chinese brands gain ground
BYD UK registrations surge nearly 5-fold last month -New AutoMotiveOverall UK new car sales hit 2 million mark in 2025 -SMMTChinese brands MG, BYD among UK's top 10 best-selling car brands in December -SMMT Jan 6 (Reuters) - Tesla's TSLA.O UK car registrations dropped by more than 29% yea...Reuters
Tue, Jan 6
