News
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RPT-Russian government explores way to make ends meet as budget deadline looms
Russia wants to balance the budget while maintaining reservesVAT hike is under discussion, no decision yetPutin pledged no major tax changes before 2030Earlier VAT hike spurred inflationBy Darya Korsunskaya MOSCOW, Sept 17 (Reuters) - The Russian government is considering raising the rate of valu...Reuters
Thu, Sep 18
ANALYSIS-Fed's rate cut comes with caveats, leaving investors lukewarm
Fed tempers dovish tilt as inflation remains stickyInvestors cautious on risk assets amid stagflation threatMarket reaction muted to first rate cut since DecemberDisagreement within Fed expected to add to volatilityBy Davide Barbuscia and Suzanne McGee NEW YORK, Sept 18 (Reuters) - Investors look...Reuters
Thu, Sep 18
Nomura adds October rate cut to Fed forecast after key policy meeting
Sept 18 (Reuters) - Nomura now expects the Federal Reserve to deliver 25-basis-point cuts at each of its remaining meetings this year, following the U.S. central bank's anticipated quarter-point reduction and hints at continued easing.The Japanese brokerage had previously forecast a pause in Oct...Reuters
Thu, Sep 18
BREAKINGVIEWS-India’s virtuous cycle can turn vicious with Trump
By Una Galani and Shritama BoseNEW DELHI/MUMBAI, Sept 18 (Reuters Breakingviews) - In recent years, India has enjoyed a virtuous cycle. The fast growth and unusual stability of its $4 trillion economy has boosted the country’s confidence and standing in the world. But Donald Trump’s trade war and de...Reuters
Thu, Sep 18
China leaves policy rate unchanged after Fed rate reduction
SHANGHAI, Sept 18 (Reuters) - China's central bank left a key interest rate unchanged on Thursday, as authorities appear in no rush to ease monetary settings despite the U.S. Federal Reserve's decision to reduce rates just hours earlier.Resilient exports and a sharp stock market rally have a...Reuters
Thu, Sep 18
China leaves policy rate unchanged after Fed rate reduction
SHANGHAI, Sept 18 (Reuters) - China's central bank left the borrowing cost of its seven-day reverse repurchase agreements unchanged on Thursday, after the U.S. Federal Reserve reduced interest rates just hours earlier.The People's Bank of China (PBOC) injected 487 billion yuan ($68.56 billio...Reuters
Thu, Sep 18
Weak Jobs Force Rate Cut? Fed Cuts 25bps as Powell Signals Start of Easing Cycle
TradingKey - On September 17 (local time), the Federal Reserve announced a 25-basis-point cut to the federal funds rate, lowering its target range to 4.00%–4.25% — the first rate reduction since December 2024.TradingKey
Thu, Sep 18
Brazil central bank keeps rates steady, signaling extended hold
Selic rate held at 15%, highest since July 2006Central bank's 2026 inflation outlook unchanged2025 rate cut looks unlikely, given hawkish toneBy Marcela Ayres BRASILIA, Sept 17 (Reuters) - Brazil's central bank held interest rates steady on Wednesday for a second straight policy meeting a...Reuters
Wed, Sep 17
Miran's Fed dissent makes a splash, fails to sway the outcome
Miran did not convince any others to join in dissentAll other policymakers voted for a quarter-point cut Disagreement over rate path 'understandable, natural': PowellBy Ann SaphirSept 17 (Reuters) - If President Donald Trump hoped that putting a close ally at the Federal Reserve would grab h...Reuters
Wed, Sep 17
Brazil central bank keeps rates steady, still signals extended hold
BRASILIA, Sept 17 (Reuters) - Brazil's central bank on Wednesday kept interest rates unchanged for the second straight policy meeting and reiterated that borrowing costs would stay steady for a "very prolonged period" to bring annual inflation back to the official 3% target.The bank'...Reuters
Wed, Sep 17
DoubleLine Capital CEO Gundlach says Fed's 25 bps rate cut is 'the right move'
Sept 17 (Reuters) - DoubleLine Capital CEO Jeffrey Gundlach said in an interview with CNBC on Wednesday that the Federal Reserve's 25-basis-point rate cut was "the right move," but warned that any aggressive easing could be inflationary.The Federal Reserve cut interest rates by a quarter...Reuters
Wed, Sep 17
DoubleLine Capital's CEO Gundlach says 25 bps rate cut by Fed is the right move
Sept 17 (Reuters) - DoubleLine Capital's CEO Jeffrey Gundlach said in a CNBC interview on Wednesday that the 25-basis-point rate cut is the right move, after the Federal Reserve cut interest rates earlier in the day.Reuters
Wed, Sep 17
Doubleline Capital's Gundlach Thinks There's Risk Of Higher Inflation
Sept 17 (Reuters) - DOUBLELINE CAPITAL'S GUNDLACH: WE WILL GET A CUT AT THE NEXT MEETINGDOUBLELINE CAPITAL'S JEFFREY GUNDLACH: I THINK THE 25 POINT RATE CUT IS THE RIGHT MOVE -CNBC INTERVIEWDOUBLELINE CAPITAL'S GUNDLACH: I THINK THERE COULD BE SOME PRESSURE ON CREDIT SPREADS AS WE MOVE ...Reuters
Wed, Sep 17
US rate futures lift chances of further easing in October after Fed cuts rates
Rate futures price in 70 bps in cuts for 2025Two more cuts seen in 2025 based on 'dot plot'Fed has to justify why there are more cuts in 2026 -analystBy Gertrude Chavez-Dreyfuss NEW YORK, Sept 17 (Reuters) - Futures on the federal funds rate, which measure the cost of unsecured overnight ...Reuters
Wed, Sep 17
TREASURIES-Yields higher after Fed rate cut, Powell comments
Fed cuts rates by 25 basis points, signals further cutsExpectations for October cut increaseHousing starts, building permits data softer than expectedBy Chuck Mikolajczak NEW YORK, Sept 17 (Reuters) - U.S. Treasury yields were mostly higher on Wednesday in choppy trading after the Federal Reserve...Reuters
Wed, Sep 17
Gulf central banks cut key interest rates following Fed move
By Jaidaa Taha and Menna AlaaElDin CAIRO, Sept 17 (Reuters) - Gulf central banks cut their key interest rates on Wednesday after the Federal Reserve cut U.S. interest rates by 25 basis points for the first time this year. The Fed cut its rate by a quarter of a percentage point, in a move that ...Reuters
Wed, Sep 17
RPT-Ex-BLS chief says her firing by Trump marked 'dangerous step' for economy
Sept 16 (Reuters) - Former Bureau of Labor Statistics Commissioner Erika McEntarfer, in her first public remarks since getting abruptly dismissed last month by President Donald Trump, said on Tuesday that firing the government's chief labor statistician is a "dangerous step" that has ser...Reuters
Wed, Sep 17
Fed's Powell: Data we get from BLS is 'good enough'
Sept 17 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday said the data the central bank gets from the Bureau of Labor Statistics remains "good enough to do our work" though he said it would be helpful for the agency's surveys to see higher response rates.Reuters
Wed, Sep 17
