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ECB keeps rates steady, nudges up growth forecast
FRANKFURT, Dec 18 (Reuters) - The European Central Bank kept interest rates unchanged as expected on Thursday and raised some of its growth and inflation projections, likely solidifying investor bets that no further rate cuts are coming.The ECB has been on hold since pausing a year-long rate-cutting...Reuters
Thu, Dec 18
Citigroup expects 75 bps of Fed rate cuts next year
Dec 18 (Reuters) - Citigroup said on Thursday it expects the U.S. Federal Reserve to cut interest rates by 25 basis points in September 2026."We are including an additional 25 bps rate cut in September, assuming labor market data looks weaker over the summer and to reflect the increased capacity...Reuters
Thu, Dec 18
Mexico's economy flat y/y in November, preliminary estimate shows
MEXICO CITY, Dec 18 (Reuters) - Mexico's economic activity was likely unchanged in November from a year earlier, a preliminary estimate from national statistics agency INEGI showed on Thursday.Compared with the previous month, activity in Latin America's second-largest economy likely fell 0....Reuters
Thu, Dec 18
Brazil central bank sees inflation slightly above target in key policy horizon
By Marcela Ayres BRASILIA, Dec 18 (Reuters) - Brazil's central bank on Thursday projected inflation at a lower level but still exceeding its target in the horizon guiding its January interest rate decision, with convergence to the 3% goal only from 2028 onward. In its quarterly monet...Reuters
Thu, Dec 18
