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Fed's Williams says low neutral interest rate era is not over
By Michael S. DerbyAug 25 (Reuters) - Federal Reserve Bank of New York President John Williams said Monday that the era of persistently low underlying interest rates does not appear to be over, based on his reading of the data.Williams, whose comments came from the text of a speech prepared for a co...Reuters
Mon, Aug 25
Irish consumer sentiment improves slightly in August
DUBLIN, Aug 26 (Reuters) - Irish consumer sentiment recovered in August from a near two-year low as concerns about the impact of tariffs on European Union exports to the United States appeared to ease, a survey showed on Tuesday.The Credit Union Consumer Sentiment Survey improved to 61.1 in August f...Reuters
Mon, Aug 25
Fed can improve communications on balance sheet, diversity of views, Logan says
Aug 25 (Reuters) - Dallas Federal Reserve Bank President Lorie Logan said on Monday that the Fed should consider a number of communications improvements, including better ways to characterize policymakers' views on the appropriate path of rates and the economy."I think it will be important f...Reuters
Mon, Aug 25
Fed's Logan sees room to lower reserves, expects uptick in SRF use next month
By Ann Saphir Aug 25 (Reuters) - Dallas Federal Reserve President Lorie Logan on Monday said she feels the U.S. central bank has more room to reduce its reserves, and she expects banks to turn to its standing repo facility next month to alleviate any liquidity pressures."We could see some tem...Reuters
Mon, Aug 25
IMF sees Panama GDP up 4.5% this year in rebound from copper mine closure
Aug 25 (Reuters) - Panama's economy is expected to grow this year as the impact from the closure in late 2023 of First Quantum Minerals' FM.TO Cobre Panama copper mine fades, and non-mining sectors continue to grow, the International Monetary Fund's executive board said on Monday. WH...Reuters
Mon, Aug 25
Mexico posts Q2 current account surplus of $206 mln despite US trade uncertainty
MEXICO CITY, Aug 25 (Reuters) - Mexico's economy posted a current account surplus of $206 million during the second quarter, reversing a deficit of $911 million in the same period last year, the Bank of Mexico said on Monday.Mexico's current account surplus represents 0.04% of GDP, compared ...Reuters
Mon, Aug 25
IMF sees Panama GDP up 4.5% this year in rebound from copper mine closure
Aug 25 (Reuters) - Panama's economy is expected to grow 4.5% this year as the impact fades from the closure in late 2023 of First Quantum Minerals' Cobre Panama copper mine, and non-mining sectors continue to grow, the International Monetary Fund's executive board said on Monday. "Th...Reuters
Mon, Aug 25
TREASURIES-US yields rise as traders gauge Fed policy, before auctions
Traders price in 84% odds of September Fed rate cutTreasury to sell 2-, 5-, and 7-year debt this weekTrading expected to be light before Labor Day holidayBy Karen Brettell Aug 25 (Reuters) - U.S. Treasury yields rose on Monday after Federal Reserve Chair Jerome Powell on Friday indicated that a S...Reuters
Mon, Aug 25
US new home sales fall in July; June sales revised higher
WASHINGTON, Aug 25 (Reuters) - Sales of new U.S. single-family homes fell in July following a sharp upward revision to the prior month's sales pace, and the overall trend remained consistent with a housing market struggling in an environment of high mortgage rates.New home sale units dropped 0.6...Reuters
Mon, Aug 25
