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Fed's Goolsbee, on CNBC, says Fed has room to cut rates
NEW YORK, Sept 23 (Reuters) - Federal Reserve Bank of Chicago President Austan Goolsbee said Tuesday if inflation cools off the central bank has some space to cut its interest rate target.“I think eventually, at a gradual pace, rates can come down a fair amount if we can get this stagflationary dust...Reuters
Tue, Sep 23
Brazil's central bank signals 'new stage' of steady interest rates
By Fernando Cardoso SAO PAULO, Sept 23 (Reuters) - Brazil's central bank said on Tuesday that it has entered a "new stage" in which policymakers opt to keep interest rates unchanged while evaluating whether the current level is enough to ensure inflation converges to its 3% target.In ...Reuters
Tue, Sep 23
Chicago Fed releases interim unemployment estimate, with September at 4.3%
By Howard SchneiderWASHINGTON, Sept 23 (Reuters) - The Chicago Federal Reserve said on Tuesday it had combined government and private data into a new estimate of the unemployment rate that would give policymakers faster-moving, twice monthly updates of a statistic central to the central bank's c...Reuters
Tue, Sep 23
Brazil central bank reiterates it will resume rate hikes if needed
SAO PAULO, Sept 23 (Reuters) - Brazil's central bank said on Tuesday that it would not hesitate to resume an interest rate hiking cycle if deemed appropriate, but added that the economic scenario is unfolding as expected and remains consistent with its current monetary policy stance. In the ...Reuters
Tue, Sep 23
Euro zone bond yields steady after mixed PMIs
By Samuel Indyk and Yoruk Bahceli LONDON, Sept 23 (Reuters) - Euro zone bond yields were little changed on Tuesday after the release of mixed business activity data from the bloc and heavy government bond issuance. The HCOB Flash Eurozone Composite Purchasing Managers' Index, compiled by S&am...Reuters
Tue, Sep 23
REFILE-WRAPUP 1-Europe to succumb to slowdown driven by tariffs, French turmoil, reports show
PMI ticks up but underlying trend more concerningFull impact of tariff slowdown still comingOECD sees growth slowdownFrench turmoil to weigh on growth, German spending to boost it FRANKFURT, Sept 23 (Reuters) - Euro zone economic growth continues to hold up as Germany's budget largesse props ...Reuters
Tue, Sep 23
UK firms lose momentum as they worry about new tax hikes, PMI shows
UK PMI shows weaker than expected growthFactories struggle, service firms drive small riseSterling, UK gilts fall after data releaseConcerns about new tax hikes hits optimism By Suban Abdulla LONDON, Sept 23 (Reuters) - British firms have reported a loss of momentum and confidence ahead of possib...Reuters
Tue, Sep 23
Full impact of U.S. tariff shock yet to come as growth holds up, OECD says
U.S. tariffs hit 1933 highs; full impact still unfoldingGlobal growth seen slowing to 3.2% in 2025, 2.9% in 2026U.S. growth to ease to 1.8% in 2025, 1.5% in 2026By Leigh ThomasPARIS, Sept 23 (Reuters) - Global growth is holding up better than expected, but the full brunt of the U.S. import tariff sh...Reuters
Tue, Sep 23
Euro zone business activity hits 16-month high but highlights country divergence, PMI shows
Euro zone September PMI at 16-month high but remained modestPMIs show divergence between Germany and FranceBritain's index showed loss of momentumBy Jonathan Cable LONDON, Sept 23 (Reuters) - Euro zone business activity grew at its fastest pace in 16 months in September but remained modest as...Reuters
Tue, Sep 23
OECD cuts growth outlook for German economy
By Maria MartinezBERLIN, Sept 23 (Reuters) - The Organisation for Economic Cooperation and Development cut its economic outlook for Germany on Tuesday, though it upgraded its forecast for the euro zone economy for this year.The OECD expects gross domestic product to expand marginally by 0.3% in 2025...Reuters
Tue, Sep 23
