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Fed's Musalem: Will wait to see data before deciding on December meeting
St. Louis Federal Reserve President Alberto Musalem said on Wednesday that it might be possible to pause rate cuts at the upcoming meetings, and added that they are keeping all options for the December meeting.Fxstreet
Dec 4, 2024
Lagarde speech: Growth will be weaker in short term
While testifying before the European Parliament's Committee on Economic and Monetary Affairs on Wednesday, European Central Bank (ECB) President Christine Lagarde said that the economic growth in the Eurozone will be weaker in the near term, per Reuters.Fxstreet
Dec 4, 2024
OECD raises 2025 global growth forecast to 3.3% from 3.2%, warns of protectionism risks
The Organization for Economic Co-operation and Development (OECD) warned of increasing growth risks from rising trade tensions and protectionism even after raising the global growth outlook for the next year.Fxstreet
Dec 4, 2024
South Korea: Political turmoil continues after martial law U-turn – UOB Group
South Korean President Yoon Suk Yeol sent shockwaves across markets after he declared an emergency martial law at around 11 pm local time on Tue night (3 Dec), only to lift it six hours later following a parliamentary vote where 190 of 300 lawmakers demanded the lifting of the martial law.Fxstreet
Dec 4, 2024
