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Trump advisor Hassett tells CNBC Warsh a good pick to run central bank.
NEW YORK, Jan 30 (Reuters) - Top White House economic advisor Kevin Hassett said Friday he was not upset about not being selected as the nominee to be the next Federal Reserve chair, and he added the central bank blundered by not cutting interest rates this week.Asked if the Fed made a mistake when ...Reuters
Fri, Jan 30
25 killed in Nigeria's deadliest reported Islamist attack since US Christmas strikes
By Ahmed Kingimi MAIDUGURI, Nigeria, Jan 30 (Reuters) - At least 25 people were killed when suspected Boko Haram militants attacked a town in northern Nigeria, relatives of victims said, the deadliest reported Islamist attack since U.S. President Donald Trump ordered air strikes on Christmas Day....Reuters
Fri, Jan 30
Brazil jobless rate hits record low despite high interest rates
SAO PAULO, Jan 30 (Reuters) - Brazil's unemployment rate dropped to a record low in the three months through December, official data showed on Friday, despite borrowing costs at a near 20-year high. The jobless rate hit 5.1% in the October-December period, statistics agency IBGE sai...Reuters
Fri, Jan 30
Fed's Waller: Dissented in favor of rate cut because of "significant risk" to job market
WASHINGTON, Jan 30 (Reuters) - U.S. Federal Reserve governor Christopher Waller said Friday he dissented in favor of a quarter-percentage-point rate cut at this week's Fed meeting because he sees a "significant risk" that an already weak labor market could be headed for a sharper downtur...Reuters
Fri, Jan 30
Brazil's debt rose less than forecast in 2025
Debt as a percentage of GDP is less than forecastBrazil's debt ratio is higher than that of many peersDebt has risen since end-2022, mostly because of interest paymentsBy Marcela Ayres BRASILIA, Jan 30 (Reuters) - Brazil's gross debt rose in 2025, driven mainly by interest expenses, but t...Reuters
Fri, Jan 30
Mexico economy beats Q4 forecasts, analysts predict rate pause
MEXICO CITY, Jan 30 (Reuters) - Mexico's economy recorded its strongest quarterly expansion in more than two years in the fourth quarter, preliminary data showed on Friday, beating market expectations thanks mainly to growth in industry and services.Latin America's second-largest economy gre...Reuters
Fri, Jan 30
US producer prices accelerate in December on services
WASHINGTON, Jan 30 (Reuters) - U.S. producer prices increased more than expected in December, with businesses appearing to pass on higher costs from import tariffs, suggesting inflation could pick up in the months ahead. The Producer Price Index for final demand surged 0.5% last month after a...Reuters
Fri, Jan 30
EU-India Trade Deal: Pragmatism Trumps Caution – Societe Generale
Societe Generale's Kunal Kundu discusses the recently concluded EU-India Free Trade Agreement (FTA), highlighting its potential to create a free-trade zone covering nearly 2 billion people and a fourth of global GDP.Fxstreet
Fri, Jan 30
Mexican economy grows 0.8% in fourth quarter, preliminary data shows
MEXICO CITY, Jan 30 (Reuters) - Mexico's economy grew 0.8% in the fourth quarter from the previous three-month period, a preliminary estimate from national statistics agency INEGI showed on Friday, beating market expectations. Latin America's second-largest economy rebounded from a contracti...Reuters
Fri, Jan 30
TREASURIES-US yields advance after hotter-than-expected producer prices
NEW YORK, Jan 30 (Reuters) - U.S. Treasury yields rose on Friday after data showed producer prices in the world's largest economy came in hotter than expected in December, suggesting the Federal Reserve will be in no rush to cut interest rates over the next several months.The benchmark 10-year y...Reuters
Fri, Jan 30
US headline Producer Prices rose by 3.0% in December
US Producer Prices rose 3.0% in December from a year earlier, according to the latest figures from the Bureau of Labour Statistics (BLS). The print came in above estimates (2.7%) and matched the 3.0% gain recorded in the previous month.Fxstreet
Fri, Jan 30
