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PRESS DIGEST - Wall Street Journal - August 25
Aug 25 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Keurig Dr Pepper KDP.O has struck a deal to buy Peet's Coffee owner JDE Peet's JDEP.AS for $18 billion, a prelude to spinning off it...Reuters
Mon, Aug 25
ECB’s Kazaks says central bank can watch economy with rates in good place
The European Central Bank (ECB) Governing Council member Martins Kazaks said that the ECB has entered a new monetary-policy phase where officials can focus on monitoring the economy rather than actively intervening to change its course, Bloomberg reported on Sunday.Fxstreet
Mon, Aug 25
Fed’s Musalem: More data is needed to decide whether a September rate cut is warranted
St. Louis Federal Reserve President Alberto Musalem said on Friday he will need more data before deciding to support a rate cut at the September meeting, warning inflation remains above the Fed's 2% targe, per Reuters.Fxstreet
Mon, Aug 25
BoE’s Bailey says UK has acute challenge over weak growth — Reuters
Bank of England (BoE) Governor Andrew Bailey said on Saturday that the United Kingdom faces an "acute challenge" over its weak underlying economic growth and reduced labour force participation since the COVID-19 pandemic, Reuters reported.Fxstreet
Sun, Aug 24
New Zealand’s Retail Sales climb 0.5% QoQ in Q2 vs. 0.2% expected
New Zealand’s Retail Sales, a measure of the country’s consumer spending, climbed 0.5% QoQ in the second quarter (Q2) of 2025 from the previous reading of 0.8%, according to the official data published by Statistics New Zealand on Monday. This figure came in above the market consensus of 0.2%.Fxstreet
Sun, Aug 24
BOJ's Ueda expects tightening job market to push up wages
Wage growth spreading to small, medium-sized firmsLabor market to remain tight, push up wagesBOJ will monitor wage, job dynamics in guiding policyBy Howard Schneider and Leika Kihara JACKSON HOLE, Wyoming, Aug 23 (Reuters) - Bank of Japan Governor Kazuo Ueda said wage hikes are spreading beyo...Reuters
Sun, Aug 24
BOJ's Ueda expects tightening job market to push up wages
Wage growth spreading to small, medium-sized firmsLabor market to remain tight, push up wagesBOJ will monitor wage, job dynamics in guiding policyBy Howard Schneider and Leika Kihara JACKSON HOLE, Wyoming, Aug 23 (Reuters) - Bank of Japan Governor Kazuo Ueda said wage hikes are spreading beyo...Reuters
Sat, Aug 23
US Treasury's No. 2, Faulkender, leaving after less than 5 months
By Andrea ShalalWASHINGTON, Aug 22 (Reuters) - U.S. Deputy Treasury Secretary Michael Faulkender is leaving the government after less than five months, the Treasury Department said on Friday, another abrupt departure by a senior official in the young Trump administration.Faulkender is the second Sen...Reuters
Sat, Aug 23
