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US consumer prices likely posted largest annual increase in 1-1/2 years in November
Consumer price index is forecast increasing 3.1% year-on-year in NovemberNo monthly inflation rates will be published after government shutdown prevented collection of data for OctoberLimited CPI values for October will be availableBy Lucia Mutikani WASHINGTON, Dec 18 (Reuters) - U.S. consumer prReuters
15 minutes ago
BREAKINGVIEWS-Made in China’s success story is tentative at best: podcast
By Aimee Donnellan and Una Galani DUBLIN/HONG KONG, Dec 18 (Reuters Breakingviews) - Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript. Listen to the podcast. The world’s second-largest economy posted a record $1 trln trade surplus for the first 11...Reuters
2 hours ago
In holiday speech, Trump highlights victories amid sinking approval ratings
Trump addresses 2025 accomplishments amid low approval ratingsPoll shows only 33% approve of Trump's economic handlingTrump announces "dividend" checks to service membersBy Steve Holland, Jeff Mason and Trevor Hunnicutt WASHINGTON, Dec 17 (Reuters) - In a rare evening address from the...Reuters
2 hours ago
EUR/JPY hovers near 183.00 amid concerns over Japan’s deteriorating fiscal outlook
EUR/JPY holds ground after registering 0.51% gains in the previous session, trading around 182.90 during the Asian hours on Thursday. The currency cross holds steady as the Japanese Yen (JPY) remains under pressure amid worries about Japan’s weakening fiscal outlook.
Fxstreet
2 hours ago
New Zealand’s Gross Domestic Product grows 1.1% QoQ in Q3 vs. 0.9% expected
New Zealand's Gross Domestic Product (GDP) grew by 1.1% QoQ in the third quarter (Q3), compared with a 1.0% contraction (revised from -0.9%) in the second quarter, Statistics New Zealand showed on Thursday. This reading came in stronger than the expectation of 0.9%.Fxstreet
7 hours ago
US blockade likely to reduce foreign currency in Venezuela, stoke inflation
Sanctions already limit oil revenue and foreign currency supplyInflation could reach 548% by year-end, IMF estimatesMaduro appears to have support of military, allies Dec 17 (Reuters) - Foreign currency flows to Venezuela’s private sector, both in cash and cryptocurrency, could fall in the coming...Reuters
10 hours ago
What to Watch in the Day Ahead - Thursday, December 18
On the U.S. economic front, the Labor Department is set to report the consumer price index (CPI) for November, which is forecast to rise 0.3% month-on-month, unchanged from the prior month's gain. On an annual basis, the CPI likely climbed 3.1% in November, compared with 3.0% in October. Meanwhi...Reuters
10 hours ago
Ahead of Trump meeting, Waller says he 'absolutely' would defend Fed independence
Waller supports central bank independence despite Trump's viewsSays he is open to limited president-Fed chief interactionsWaller favored by business leaders to succeed Powell next yearBy Michael S. Derby NEW YORK, Dec 17 (Reuters) - Federal Reserve Governor Christopher Waller, on the shor...Reuters
11 hours ago
Fed’s Bostic: Growth is solid, expects to see that continuing in 2026
Atlanta Federal Reserve (Fed) President Raphael Bostic said on Wednesday that GVP growth is solid and that he expects to see that continuing in 2026, while participating in a moderated discussion at the Gwinnett County Chamber of Commerce in Georgia.Fxstreet
12 hours ago
Nigeria's Tinubu seeks $30 billion budget reset to end overlapping fiscal years
By Camillus Eboh ABUJA, Dec 17 (Reuters) - Nigeria's President Bola Ahmed Tinubu has asked parliament to approve a 43.56 trillion naira ($29.96 billion) spending plan that repeals and re-enacts the 2024 budget to run through December 2025, aiming to end overlapping fiscal cycles from recent y...Reuters
13 hours ago
Italy, France say it is 'premature' to sign EU-Mercosur trade deal
Italy, France demand tougher safeguards for EU-Mercosur dealGermany, Spain back deal to boost exports, reduce China dependenceLatin American officials warn of 'now or never' momentBy Angelo Amante and Giuseppe Fonte ROME, Dec 17 (Reuters) - Italy and France on Wednesday said they were not...Reuters
13 hours ago
Waller says Fed policy still in restrictive territory, sees room to cut rates
Waller sees room for rate cuts amid job market weaknessFed's recent rate cut aimed to balance job risks, high inflationWaller emphasizes labor market focus over inflation concernsBy Michael S. Derby NEW YORK, Dec 17 (Reuters) - Federal Reserve Governor Christopher Waller said on Wednesda...Reuters
14 hours ago
