News
Important Only
World Bank sees resilient global growth in 2026 amid tariffs but fading dynamism
World Bank sees global GDP growth at 2.6% versus 2.7% in 2025Growth forecasts slightly above global lender's June 2025 predictionsWorld Bank says gains concentrated in wealthy countries, growth too slow to reduce extreme poverty By David LawderWASHINGTON, Jan 13 (Reuters) - The global economy i...Reuters
Tue, Jan 13
Inflation may keep Fed on hold until after Powell's chair term ends
Jan 13 (Reuters) - Inflation may not subside quickly enough for Federal Reserve Chair Jerome Powell to deliver another interest-rate cut before his term ends in May, with the Bureau of Labor Statistics reporting consumer prices rose 2.7% in December from a year earlier, in line with economists' ...Reuters
Tue, Jan 13
World Bank sees resilient global growth in 2026 despite tariffs, but fading dynamism
By David LawderWASHINGTON, Jan 13 (Reuters) - The global economy is proving more resilient than expected, with 2026 GDP growth expected to improve slightly over forecasts from last June, the World Bank said on Tuesday while warning that growth is too concentrated in advanced countries and overall to...Reuters
Tue, Jan 13
Platinum rises but remains below December record – Commerzbank
Platinum prices surged alongside Gold and Silver, narrowing its undervaluation relative to Gold, with the Gold/Platinum ratio now just under 2, a level last seen in June 2023, Commerzbank's commodity analyst Carsten Fritsch notes.Fxstreet
Tue, Jan 13
Euro zone yields edge higher with Trump's attacks on Fed chief in focus
By Joice Alves LONDON, Jan 13 (Reuters) - Euro zone government bond yields edged higher on Tuesday, reversing Monday's drop, as central bank chiefs lined up in support of Federal Reserve Chair Jerome Powell after the Trump administration threatened him with a criminal prosecution. Easing some...Reuters
Tue, Jan 13
Ibiza holiday rentals plunge as Spain cracks down on overtourism
MADRID, Jan 13 (Reuters) - The number of short-term tourist lets on Ibiza almost halved in 2025 from a year earlier as Spain's crackdown on holiday homes and overtourism started to bite. The supply of short-term rentals on the popular tourist island is now 80% lower than in 2017, tourism lobby E...Reuters
Tue, Jan 13
INSTANT VIEW-December rise in US consumer prices backs Fed pause this month
NEW YORK, Jan 13 (Reuters) - U.S. consumer prices increased in December, data showed on Tuesday, as the distortions related to the government shutdown that had artificially lowered inflation in the November unwound, cementing expectations the Federal Reserve would leave interest rates unchanged thi...Reuters
Tue, Jan 13
INSTANT VIEW-December rise in US consumer prices backs Fed pause this month
NEW YORK, Jan 13 (Reuters) - U.S. consumer prices increased in December, data showed on Tuesday, as the distortions related to the government shutdown that had artificially lowered inflation in the November unwound, cementing expectations the Federal Reserve would leave interest rates unchanged thi...Reuters
Tue, Jan 13
EXCLUSIVE-Angola extends $1 bln debt facility with JPMorgan for three years
LUANDA, Jan 13 (Reuters) - Angola has secured access to an additional $500 million in financing, extending an existing $1 billion debt facility with JPMorgan JPM.N, its finance ministry said on Tuesday. The new three-year contract carries an interest rate "within 8%", the ministry told Re...Reuters
Tue, Jan 13
Traders edge up bets on earlier Fed rate cut after inflation data
Jan 13 (Reuters) - Traders on Tuesday boosted bets the Federal Reserve may not wait until Fed Chair Jerome Powell's term ends in May before cutting interest rates again, after the Bureau of Labor Statistics reported underlying consumer prices rose a bit less than expected last month. Traders sti...Reuters
Tue, Jan 13
