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Fed's Miran ties rising unemployment to current setting of monetary policy - Fox Business
Nov 25 (Reuters) - Federal Reserve Governor Stephen Miran tied on Tuesday a deteriorating job market to the current state of central bank interest rate policy.“We have to recognize that the unemployment rate has been drifting higher, and that is a function of monetary policy being too tight,” Miran ...Reuters
Tue, Nov 25
Brazil says issues related to import of US biofuels 'practically resolved'
BRASILIA, Nov 25 (Reuters) - Brazilian Vice President Geraldo Alckmin said on Monday that unspecified issues related to the country's imports of U.S. biofuels were "practically resolved".He did not provide details.Speaking at an event hosted by the American Chamber of Commerce in Brazil,...Reuters
Tue, Nov 25
Abercrombie & Fitch raises bottom end of profit forecast range amid strong demand
Nov 25 (Reuters) - Abercrombie & Fitch ANF.N raised the lower end of annual profit forecast on Tuesday, betting on strong demand for its Hollister dresses, jeans and jackets, as shoppers snap up in-trend apparel at deeper discounts during early holiday promotions.The company expects net income p...Reuters
Tue, Nov 25
Euro zone bond yields inch lower, market unfazed by moves elsewhere
By Alun John LONDON, Nov 25 (Reuters) - Euro zone bond yields nudged lower on Tuesday as U.S. Treasury yields held their recent declines on the back of growing expectations the Federal Reserve will deliver a December rate cut. Germany's 10-year Bund yield was down one basis point at 2.68%, br...Reuters
Tue, Nov 25
EXCLUSIVE-Russia weighs how to prop up Russian Railways which is $51 billion in debt, sources
Government discussed Russian Railways - sourcesRussian Railways debt is 4 trillion roubles - sourcesRussia considering different options to help Russian RailwaysBy Gleb Stolyarov MOSCOW, Nov 25 (Reuters) - Russia's government is discussing different ways to prop up Russian Railways, the count...Reuters
Tue, Nov 25
Ageing populations a 'ticking time bomb' for GDP growth, says EBRD
Post-communist nations 'getting old before getting rich'Populations are ageing, leaders getting even olderNigeria and others growing, but benefits may be fleetingBy Libby GeorgeLONDON, Nov 25 (Reuters) - Countries must act now to keep slowing population growth from wreaking havoc on their lo...Reuters
Tue, Nov 25
Russia sees scope for oil exports boost to China, urges cooperation in LNG
China and India are Russia's main oil buyersChina imports more than 2.1 million bpd of Russian oilChina received first LNG cargo from sanctioned project in August MOSCOW, Nov 25 (Reuters) - Russia sees scope to boost oil exports to China and to deepen cooperation on supplies of liquefied natu...Reuters
Tue, Nov 25
Inflation weighing on US income growth ahead of holiday season, study says
Income growth comparable to post-Great Recession recovery, JPMorgan Chase Institute findsMixed consumer outlook: weak income growth, flat bank balances, strong stock market gainsOlder workers face earnings loss due to inflation, younger workers lack strong income gainsBy Howard SchneiderWASHINGTON, ...Reuters
Tue, Nov 25
Yen under pressure amid speculative testing – ING
The Japanese Yen (JPY) faces continued pressure as geopolitical tensions over Taiwan and speculative trading test authorities’ tolerance, with potential Bank of Japan intervention looming during the thin Thanksgiving week, ING's FX analyst Francesco Pesole notes.
Fxstreet
Tue, Nov 25
CORRECTED-Ageing populations a 'ticking time bomb' for GDP growth, says EBRD
Post-communist nations 'getting old before getting rich'Populations are ageing, leaders getting even olderNigeria and others growing, but benefits may be fleetingBy Libby GeorgeLONDON, Nov 25 (Reuters) - Countries must act now to keep slowing population growth from wreaking havoc on their lo...Reuters
Tue, Nov 25
