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Fed seen on track for rate cuts as job worries eclipse inflation fears
Sept 11 (Reuters) - Concern about a softening job market will keep the Federal Reserve on course to resume its interest rate cuts next week, though the U.S. central bank is likely to move cautiously because of fresh signs that tariffs are pushing prices higher.That was the bet in financial markets o...Reuters
23 minutes ago
Brazil retail sales fall for fourth straight month in July
SAO PAULO, Sept 11 (Reuters) - Retail sales volumes in Brazil fell 0.3% in July from June, official data showed on Thursday, in line with analysts' expectations, marking their fourth monthly decline in a row as high interest rates continue to weigh on the local economy.On a year-over-year basis,...Reuters
23 minutes ago
WRAPUP 3-US consumer inflation heats up; weekly jobless claims near four-year high
Consumer Price Index increases 0.4% in AugustInitial jobless claims jump to 263,000By Lucia Mutikani WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices increased by the most in seven months in August amid higher costs for housing and food, but a surge in first-time applications for unemployment...Reuters
26 minutes ago
U.S. August CPI Meets Expectations at 2.9%, 10-Year Treasury Yield Drops Below 4%
TradingKey - The U.S. August Consumer Price Index (CPI) posted its largest year-on-year gain in seven months, but the reading was broadly in line with expectations. Combined with recent surprisingly weak employment data, a 25-basis-point rate cut by the Federal Reserve in September is now all butTradingKey
an hour ago
TEXT-Lagarde's statement after ECB policy meeting
Sept 11 (Reuters) - Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: Link to statement on ECB website: https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2025/html/ecb.is250911~a136...Reuters
an hour ago
Traders bump up bets on Fed rate cuts to shore up labor market
Sept 11 (Reuters) - Concern about a softening job market will keep Federal Reserve policymakers on course to resume cutting interest rates next week, though a stronger-than-expected rise in consumer inflation in August looks likely to prevent them from delivering a super-sized rate cut to start.That...Reuters
an hour ago
US weekly jobless claims increase as labor market softens
WASHINGTON, Sept 11 (Reuters) - The number of Americans filing new applications for jobless benefits increased sharply last week, consistent with a material softening in labor market conditions.Initial claims for state unemployment benefits jumped 27,000 to a seasonally adjusted 263,000 for the wee...Reuters
2 hours ago
