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RBA's Hunter: Inflation is likely to be stronger than forecast in Q3
Reserve Bank of Australia (RBA) Assistant Governor Sarah Hunter said early Wednesday that recent data has been a little stronger than expected, adding that inflation is likely to be stronger than forecast in the third quarter (Q3).Fxstreet
Tue, Oct 14
IMF chief says lack of retaliation against Trump tariffs aiding global growth
IMF's Georgieva says world is continuing to tradeAgile firms, lower effective US tariff rates boost growthGeorgieva says AI 'very big bet', could pay off in productivity gainsBy Karin Strohecker and David Lawder WASHINGTON, Oct 14 (Reuters) - Decisions by most countries to not retalia...Reuters
Tue, Oct 14
RBNZ's Conway: Neutral interest rate is constantly shifting
Reserve Bank of New Zealand (RBNZ) Chief Economist Paul Conway said early Wednesday that the neutral interest rate is constantly shifting. Conway further stated that the central bank doesn’t expect to use additional monetary policy (AMP) tools again anytime soon.Fxstreet
Tue, Oct 14
IMF chief says countries opting not to retaliate against US tariffs helps global economy
WASHINGTON, Oct 14 (Reuters) - The decision by most countries to not retaliate against the United States' trade policy has helped bolster the resilience of the global economy in the face of tariff shocks and financial conditions, the International Monetary Fund chief said on Tuesday. "The wo...Reuters
Tue, Oct 14
Argentina's monthly inflation edges up as key midterm vote draws near
BUENOS AIRES, Oct 14 (Reuters) - Argentina's monthly inflation edged up in September but remained a touch below analysts' forecasts, data showed on Tuesday.Consumer prices are being closely scrutinized in light of recent exchange-rate instability and ahead of a key midterm vote at the end of...Reuters
Tue, Oct 14
Trump ups the ante on anti-trade warnings against China
US President Donald Trump lashed out at China over its recent protectionist trade policies, threatening additional targeted trade restrictions if China goes ahead with imposing fresh rare earth mineral export controls and additional port fees for foreign container ships in Chinese ports.Fxstreet
Tue, Oct 14
Fed's Collins still favors additional rate cuts to aid job market
By Michael S. DerbyOct 14 (Reuters) - Federal Reserve Bank of Boston President Susan Collins reiterated Tuesday that rising risks to the job market support additional central bank interest rate cuts in what remains an uncertain economic environment.“With inflation risks somewhat more contained, but ...Reuters
Tue, Oct 14
Fed's Powell says the end of balance sheet drawdown process may be nearing
QT endgame gains urgency as Fed's RRP usage nears zeroFed's balance sheet shrinks from $9 trillion to $6.6 trillionPowell warns against removing Fed's interest-paying powersBy Michael S. Derby Oct 14 (Reuters) - Federal Reserve Chair Jerome Powell said on Tuesday the end of the centra...Reuters
Tue, Oct 14
FX Today: Inflation in China and Fedspeak should keep investors entertained
The US Dollar (USD) failed to extend its recovery despite the positive start to the day, eventually receding modestly amid the steady lack of progress around any shutdown deal and a persistent risk-off environment.
Fxstreet
Tue, Oct 14
IMF says Bank of England should be 'very cautious' on future rate cuts
IMF forecasts UK inflation to remain highest in G7IMF chief economist says BoE should be 'very cautious' on ratesFinancial markets do not see next rate cut until March 2026BoE's Bailey says latest job data confirm labour market slowdownIMF sees UK GDP growing 1.3% in 2025 and 2026, above...Reuters
Tue, Oct 14
What to Watch in the Day Ahead - Wednesday, October 15
Bank of America is expected to report a rise in third-quarter profit, as a rebound in big-ticket deals is set to boost performance in its investment banking division. Also, Morgan Stanley is expected to post a rise in third-quarter profit, helped by a rebound in dealmaking that helped its investment...Reuters
Tue, Oct 14
Fed's Powell says economy may be on firmer footing, but job market weak
Powell says Fed taking meeting-by-meeting approach to interest rate cutsFed chief says elevated inflation partly due to impact of tariffsHiring and layoffs remained low through September, he saysPowell says economy may be on 'somewhat firmer trajectory than expected'By Howard Schneider PH...Reuters
Tue, Oct 14
US government shutdown threatens home sales in flood-prone areas, report says
WASHINGTON, Oct 14 (Reuters) - A shutdown of the U.S. government could hinder the accessibility of insurance coverage to prospective homeowners in flood-prone areas, and cost the already struggling housing market billions of dollars in delayed contract closings, data showed on Tuesday.The report fro...Reuters
Tue, Oct 14
