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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
EXCLUSIVE-Fed's Musalem says more data is needed to decide whether a September rate cut is warranted
St. Louis Fed chief notes inflation above targetMusalem says job market risks rising but not realizedFocused on path for rates, not a single meetingBy Howard Schneider and Ann Saphir JACKSON HOLE, Wyoming, Aug 22 (Reuters) - St. Louis Fed President Alberto Musalem said on Friday he will need more...Reuters
Fri, Aug 22
ABA defends accrediting of US law schools amid mounting pressure
By Karen Sloan Aug 22 (Reuters) - The American Bar Association council that oversees U.S. law school accreditation on Friday adopted a new set of “core principles and values,” defining and defending its work amid criticism from the Trump administration and others. President Donald Trump in April ...Reuters
Fri, Aug 22
UK short-term inflation expectations remain unchanged at 4%, Citi and YouGov say
Aug 22 (Reuters) - The British public's short-term inflation expectations remain unchanged at 4% in August, according to a survey published on Friday by bank Citi and opinion poll firm YouGov.The country's longer-term inflation expectations fell to 3.9% from 4.2%, to their level in Febru...Reuters
Fri, Aug 22
TREASURIES -US yields plummet as Fed's Powell opens door to September rate cut
Fed's Powell says shifting balance of risks may warrant adjusting policyUS two-year, 10-year yields fall to one-week lowUS 2/10-year yield curve hits steepest level since JulyTrump says will fire Fed's Cook if she doesn't resignBy Gertrude Chavez-Dreyfuss NEW YORK, Aug 22 (Reuters) - ...Reuters
Fri, Aug 22
Powell says Fed may need to cut rates, will proceed carefully
Fed chief cites jobs risk even with ongoing inflation concernPowell says base case is for tariff inflation impact to be short-lived He sees job market in 'curious balance' that could change fastBy Howard Schneider and Ann Saphir JACKSON HOLE, Wyoming, Aug 22 (Reuters) - Federal Reserve Ch...Reuters
Fri, Aug 22
