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ECB’S Nagel: ECB keeps an eye on strong price increase in services
European Central Bank (ECB) governor and Deutsche Bundesbank President Joachim Nagel spoke at the at the Frankfurter Impulse event, in Frankfurt on Monday. He claimed that although food inflation remains stubborn, the current level of the euro at $1.16 is not a cause for concern
Fxstreet
Mon, Nov 24
Mexico's persistent core inflation fuels annual price rises in early November
By Aida Pelaez-Fernandez MEXICO CITY, Nov 24 (Reuters) - Mexico's annual inflation rate stood above expectations at 3.61% in the first half of November, official data showed on Monday, affected by sticky core inflation. Economists polled by Reuters had forecast an annual rate of 3.56%. ...Reuters
Mon, Nov 24
Fed's Waller: December cut appropriate, but January action more uncertain - Fox Business
Fed divided on December rate cut, recent comments favor reductionFed still won't have data delayed by the shutdown availableJanuary decision more uncertain, based on upcoming information WASHINGTON, Nov 24 (Reuters) - Available data indicate the U.S. job market remains weak enough to warrant ...Reuters
Mon, Nov 24
TREASURIES-Yields decline as Fed officials' comments boost December rate cut hopes
Fed officials hint at December rate cut amid market uncertaintyTreasury yields decline as investors focus on Fed commentsMixed economic signals create doubts about necessity of rate cutBy Davide Barbuscia NEW YORK, Nov 24 (Reuters) - U.S. Treasury yields declined on Monday as investors digested c...Reuters
Mon, Nov 24
Fed's Waller says he met with Treasury Secretary 10 days ago about Fed chair position, Fox Business reports
WASHINGTON, Nov 24 (Reuters) - U.S. Federal Reserve Governor Christopher Waller said he met with Treasury Secretary Scott Bessent recently to further discuss his possible nomination as Fed Chair, as the Trump administration moves forward in picking a replacement for Jerome Powell.Powell's term i...Reuters
Mon, Nov 24
FACTBOX-Major brokerages divided over Fed's December rate decision following jobs data
Nov 24 (Reuters) - Global brokerages remain split on whether the U.S. Federal Reserve will cut interest rate at its December meeting or keep policy unchanged, as mixed signals on job growth and unemployment last week clouded the economic outlook.Morgan Stanley, J.P.Morgan and Standard Chartered have...Reuters
Mon, Nov 24
Fed's Waller says he met with Treasury Secretary 10 days ago about Fed chair position, Fox Business reports
WASHINGTON, Nov 24 (Reuters) - U.S. Federal Reserve Governor Christopher Waller said he met with Treasury Secretary Scott Bessent recently to further discuss his possible nomination as Fed Chair, as the Trump administration moves forward in picking a replacement for Jerome Powell.Powell's term i...Reuters
Mon, Nov 24
USD/CNH: Next support at 7.0910 is unlikely to come into view – UOB Group
US Dollar (USD) could edge lower to 7.0970; the next support at 7.0910 is unlikely to come into view. In the longer run, downward momentum has increased slightly; for a continued decline, USD must first close below 7.1020, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Nov 24
NZD/USD is consolidating between 0.5590 and 0.5625 – UOB Group
The price movements are likely part of a consolidation phase between 0.5590 and 0.5625. In the longer run, NZD is expected to move lower; if it breaks below 0.5565, it could decline further to 0.5540, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Nov 24
Mexico's annual inflation hits 3.61% in early November
MEXICO CITY, Nov 24 (Reuters) - Mexico's annual inflation rate hit 3.61% in the first half of November, official data showed on Monday.The closely watched core price index, which strips out some volatile food and energy prices, reached 4.32% in the 12 months through early November.Reuters
Mon, Nov 24
EUR/CHF edges above 0.93 after 2022 collapse – ING
CEE currencies gain and EUR/CHF rises above 0.93 as easing energy prices and optimism over US-Russia peace talks boost global growth prospects, weighing mildly on the US Dollar (USD), ING's FX analyst Chris Turner notes, ING's FX analyst Chris Turner notes.
FOMC deeply divided over timing of December rate cut – Commerzbank
Fed Chair Jay Powell had already indicated in the last meeting: The Federal Open Market Committee (FOMC) is currently deeply divided in terms of the timing of further rate cuts. This has become more than clear through the recent statements of various members.Fxstreet
Mon, Nov 24
Brazil Economists See Year-End 2026 Interest Rate At 12.00%
Nov 24 (Reuters) - Brazil central bank poll:BRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.45% IN 2025 VERSUS 4.46% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMISTS SEE ANNUAL IPCA INFLATION INDEX REACHING 4.18% IN 2026 VERSUS 4.20% IN PREVIOUS ESTIMATE - CENBANK POLLBRAZIL ECONOMI...Reuters
Mon, Nov 24
Economists see slightly faster US growth, sticky inflation in 2026
By Howard SchneiderWASHINGTON, Nov 24 (Reuters) - U.S. economic growth will increase slightly next year but employment gains will remain sluggish and the Federal Reserve will slow any further rate cuts, economists polled by the National Association for Business Economics said in the group's year...Reuters
Mon, Nov 24
