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Ghana slashes interest rate to 15.50% as inflation falls
Bank of Ghana delivers another rate cutBank governor says strong growth expected in 2026Market expects further rate cuts this year By Emmanuel Bruce and Christian Akorlie ACCRA, Jan 28 (Reuters) - Ghana's central bank slashed its main interest rate GHCBIR=ECI by 250 basis points to 15.50% - t...Reuters
Wed, Jan 28
POLL-World order has shifted, but growth outlook same as year ago, economists say
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=XGGRTHAP global growth poll dataBy Hari Kishan BENGALURU, Jan 28 (Reuters) - Global economic growth will be 3% in 2026, exactly as forecast a year ago, according to a quarterly Reuters poll of economists, suggesting they are un...Reuters
Wed, Jan 28
US crude stocks fall, gasoline and distillate inventories rise, EIA says
U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration said on Wednesday.Crude inventories fell by 2.3 million barrels to 423.8 million barrels in the week ended January 23, the EIA said, compared with analysts' expectations in a Re...Reuters
Wed, Jan 28
Mozambique central bank trims policy rate but says end of easing cycle is near
MAPUTO, Jan 28 (Reuters) - Mozambique's central bank cut its policy rate by 25 basis points to 9.25% on Wednesday, its 13th cut in a row, but it said the end of its easing cycle was near because of risks including severe floods in the past few weeks. The Bank of Mozambique's las...Reuters
Wed, Jan 28
NVR's fourth-quarter profit falls as homebuyer incentives, rising costs hit margins
Jan 28 (Reuters) - NVR NVR.N reported a fall in fourth-quarter profit on Wednesday, as rising costs and incentives for buyers struggling with high interest rates weighed on the homebuilder's margins.Persistent inflation and U.S. President Donald Trump's tariffs on key construction raw materi...Reuters
Wed, Jan 28
INSTANT VIEW-Bank of Canada holds benchmark interest rate at 2.25%
TORONTO, Jan 28 (Reuters) - The Bank of Canada on Wednesday held its policy rate at 2.25%, as widely expected, and Governor Tiff Macklem said the high level of uncertainty made it difficult to predict when and how rates might next change.MARKET REACTION: CAD/LINK: https://www.bankofcanada.ca/2026/01...Reuters
Wed, Jan 28
German government cuts 2026, 2027 growth forecasts due to rising uncertainty
By Maria Martinez BERLIN, Jan 28 (Reuters) - The German government lowered its growth forecasts for this and next year in Europe's biggest economy, reflecting greater uncertainty in international trade.The government trimmed its growth forecast for 2026 to 1.0% from 1.3%, as reported by Reute...Reuters
Wed, Jan 28
Could Trump name next Fed Chair today, overshadowing FOMC meeting?
Speculation is intensifying over US President Donald Trump’s nomination of the next Chair of the Federal Reserve (Fed), an announcement that could come as early as today, while the Federal Open Market Committee (FOMC) is also holding its monetary policy meeting.Fxstreet
Wed, Jan 28
BoC to maintain overnight rate at 2.25% with a cautious tone – TD Securities
TD Securities' Global Strategy Team provides insights on the upcoming Bank of Canada Rate Decision scheduled for January. The expectation is for the overnight rate to remain at 2.25%, with a cautious tone in the policy statement.Fxstreet
Wed, Jan 28
Walmart boosts pharmacy pay, elevates 3,000 roles in healthcare push
Jan 28 (Reuters) - U.S. retailer Walmart WMT.O on Wednesday said it has elevated 3,000 pharmacy technician roles to operations team lead positions, lifting their average hourly wages to $28 from $22, as it expands its digital and pharmacy healthcare services.The company also said pharmacy technician...Reuters
Wed, Jan 28
German minister urges faster roll-out of investment push as growth forecast cut
By Maria Martinez BERLIN, Jan 28 (Reuters) - Investments are boosting growth in Europe's biggest economy but their implementation needs to be faster, German Finance Minister Lars Klingbeil said on Wednesday, citing the government's 2026 economic report.The German government is lowering it...Reuters
Wed, Jan 28
Bank of Canada expected to hold rates steady as economy weathers Trump tariffs
Economists expect Canadian central bank to hold rates steady through 2026BoC's current rate at lower end of neutral rangeMonetary Policy Report to provide updates on inflation, economy, impact of federal budgetBy Promit Mukherjee OTTAWA, Jan 28 (Reuters) - The Bank of Canada is widely expecte...Reuters
Wed, Jan 28
For Fed, uptick in bank lending may add to case against rate cuts
Big US banks report higher profits, increase in lendingFed policymakers have latest bank lending survey in handFinancial markets bet on two quarter-point Fed rate cuts later this yearBy Ann SaphirJan 28 (Reuters) - Still-elevated inflation and a labor market that has weakened but not collapsed are t...Reuters
Wed, Jan 28
