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Bank of Israel holds rates, warns over Israel's growing isolation
Benchmark rate left at 4.5% for 14th straight meetingCenbank staff see 2025 economic growth 2.5%, inflation 3.0%Governor says prolonged Gaza war would harm economyBy Steven ScheerJERUSALEM, Sept 29 (Reuters) - The Bank of Israel kept short-term interest rates unchanged on Monday, citing Israel's...Reuters
Mon, Sep 29
Russian defence spending set to fall slightly in 2026, draft budget shows
Draft shows defence spending to fall from post-Soviet highMost military expenditure remains classifiedSources say spending can be ramped back up if needed By Darya KorsunskayaLONDON, Sept 29 (Reuters) - Russia's state spending on national defence is set to fall slightly in 2026, according to dra...Reuters
Mon, Sep 29
TREASURIES-US yields decline as government shutdown risk looms
Government shutdown could delay key jobs reportFourth-quarter US economic growth could also be impactedOctober rate cut probabilities slightly higherBy Davide Barbuscia NEW YORK, Sept 29 (Reuters) - U.S. Treasury yields declined on Monday as investors increasingly accounted for the risk of a U.S....Reuters
Mon, Sep 29
US pending home sales rebound in August amid low mortgage rates
WASHINGTON, Sept 29 (Reuters) - Sales of previously owned U.S. homes increased solidly in August as lower mortgage rates pulled buyers back into the market, though a softening labor market could curb further gains.The National Association of Realtors said on Monday pending home sales, based on signe...Reuters
Mon, Sep 29
NY Fed Deputy SOMA chief Remache says market liquidity still strong
By Michael S. Derby Sept 29 (Reuters) - A top Federal Reserve Bank of New York official said on Monday that central bank tools are in place to manage liquidity and that some level of volatility in money market rates is healthy.The official, Julie Remache, who is deputy manager of the bank’s Syste...Reuters
Mon, Sep 29
Fed's Hammack says muted tariff impact on inflation may not last
By Michael S. DerbySept 29 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said on Monday that the hit on inflation from President Donald Trump's trade tariffs has thus far been underwhelmingThe impact of the import tax hikes "definitely has been less than I would have a...Reuters
Mon, Sep 29
Germany FX Today: Euro strengthens as traders await German inflation figures
The Euro (EUR) moves higher against the US Dollar (USD) on Monday, with the EUR/USD pair trading around 1.1740, up 0.3% on the session, as investors await the release of the preliminary German inflation figures for September, due Tuesday at 12:00 GMT.
Fxstreet
Mon, Sep 29
Bank of Israel keeps rates on hold as Gaza war endures
JERUSALEM, Sept 29 (Reuters) - The Bank of Israel left short-term interest rates unchanged on Monday after inflation eased further in August, remaining cautious amid economic uncertainty due to the two-year old war between Israel and Palestinian Islamist group Hamas in Gaza.The central bank left its...Reuters
Mon, Sep 29
UK's Reeves takes on critics with warning on 'economic responsibility'
Reeves takes on Labour critics who want her to spendChancellor commits to economic responsibilityReeves had pledged no repeat of first-year tax raidLabour makes youth employment pledgeBy Alistair Smout, Elizabeth Piper and Andrew MacAskill LIVERPOOL, England, Sept 29 (Reuters) - British finance m...Reuters
Mon, Sep 29
Fed's Hammack says restrictive monetary policy needed to quash inflation
Sept 29 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said Monday inflation risks outweigh those of nascent job market fragility and indicate a need to keep interest rates up to bring price pressures to heel.Inflation “continues to be the bigger concern” when it comes to the F...Reuters
Mon, Sep 29
Brazil bank lending slows further in August as tight monetary policy bites
BRASILIA, Sept 29 (Reuters) - Outstanding bank lending in Brazil continued to lose momentum in August, central bank data showed on Monday, as high interest rates helped cool activity in Latin America's largest economy.Credit growth over the past 12 months slowed to 10.1% in August, down from 10....Reuters
Mon, Sep 29
