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BoE's Greene: The supply side needs more attention
During a speech at the Adam Smith Business School of the University of Glasgow, Bank of England (BoE) Monetary Policy Committee (MPC) member Megan Greenebroke away from "tradiitional" policy planning rhetoric, warning that global central banks need to pivot into a different perspective on managing s
Fxstreet
Wed, Sep 24
Mexico's inflation speeds up in early September
By Aida Pelaez-FernandezMEXICO CITY, Sept 24 (Reuters) - Mexico's headline inflation sped up in the first half of September, broadly in line with market expectations, heading closer to the upper limit of the central bank's target. Banxico, as the central bank is known, is expected to furth...Reuters
Wed, Sep 24
WRAPUP 1-US new home sales jump to more than 3-1/2-year high; economists dismiss rise as a fluke
New home sales jump 20.5% in August; July sales pace revised upNew housing inventory drops to eight-month lowMedian new house price increases 1.9% to $413,500By Lucia Mutikani WASHINGTON, Sept 24 (Reuters) - Sales of new U.S. single-family homes surged to the highest level in more than 3-1/2 year...Reuters
Wed, Sep 24
Euro zone bond yields edge down as German business confidence wanes
German business mood darkensBond and currency markets unmoved by Trump's rhetoric shift on UkraineFocused on prospect of further Fed easingBy Jaspreet Kalra Sept 24 (Reuters) - Euro zone bond yields eased on Wednesday after data showed German business sentiment unexpectedly declined in Septem...Reuters
Wed, Sep 24
Tariffs and conflict causing major volatility in shipping industry, says UN trade agency
By Olivia Le PoidevinGENEVA, Sept 24 (Reuters) - The shipping industry is experiencing major volatility amid rising geopolitical tensions and disruptions caused by a wave of new tariffs, according to a report published on Wednesday by the U.N. Trade and Development agency.Due to an increasingly comp...Reuters
Wed, Sep 24
Kremlin says Trump's Ukraine shift mistaken and swayed by Zelenskiy
Kremlin says Trump is wrong on army and economySays Russia's top diplomat will update U.S. on Wednesday Kyiv, not Moscow, is struggling on battlefield, Kremlin saysNationalists believe Trump is washing hands of Ukraine By Andrew Osborn and Dmitry Antonov MOSCOW, Sept 24 (Reuters) - The Kremli...Reuters
Wed, Sep 24
US new home sales surge in August
WASHINGTON, Sept 24 (Reuters) - Sales of new U.S. single-family homes surged in August, but the boost from declining mortgage rates could be limited by a weakening labor market. New home sales shot up 20.5% to a seasonally adjusted annualized rate of 800,000 units last month, the Commerce Dep...Reuters
Wed, Sep 24
Treasury's Bessent says he's looking for someone with an open mind for Fed chair
Bessent says surprised by strength of some candidatesSeeking candidates who are looking forward, Bessent saysJobs revisions show 'something wrong,' Treasury chief saysNot as concerned about recession, Bessent says By Andrea Shalal and Doina Chiacu WASHINGTON, Sept 24 (Reuters) - U.S. Trea...Reuters
Wed, Sep 24
Treasury's Bessent says he's looking for someone with an open mind for Fed chair
WASHINGTON, Sept 24 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday said he would interview a lot of candidates next week to replace Jerome Powell as chair of the Federal Reserve, with an eye to completing the first round of interviews by the first week of October.Bessent told Fox Bus...Reuters
Wed, Sep 24
Company finance chiefs say mood is lifting, but tariffs set to push prices higher, Fed survey shows
WASHINGTON, Sept 24 (Reuters) - U.S. corporate finance chiefs say the confusion around trade policy that put a damper on the first half of the year has begun to lift, but that price increases are still in the pipeline and may accelerate next year, according to the latest Fed survey of chief financiaReuters
Wed, Sep 24
Euro zone bond yields ease as German business sentiment, US yields slip
Sept 24 (Reuters) - Euro zone bond yields were modestly lower on Wednesday after data showed German business sentiment unexpectedly declined in September, while U.S. bond yields drifted lower too, as investors pondered the future outlook for policy rates. Germany's 10-year bond yield DE10YT=RR, ...Reuters
Wed, Sep 24
German home prices rise as depressed property sector seeks momentum
German home prices up 3.2% in Q2, third consecutive gainPrices still 9% below 2022 peak amid high interest ratesReal estate insolvencies rise 33%, refinancing costs a riskBy Tom Sims and John O'Donnell FRANKFURT, Sept 24 (Reuters) - Home prices in Germany rose 3.2% in the second quarter, ...Reuters
Wed, Sep 24
