Reuters US Economy

Colombia’s central bank expected to hold rates despite government pressure- Reuters poll

25 Apr 2025

By Nelson Bocanegra (Reuters) – Colombia’s central bank should leave its benchmark interest rate unchanged in its meeting next week, a Reuters poll predicted on Friday, as inflation is expected to remain above target amid global trade uncertainty and weak public finances. Sixteen of 24 analysts polled by Reuters predicted the monetary authority would hold …

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Cantor Equity shares rally as retail investors cheer crypto venture

25 Apr 2025

By Niket Nishant (Reuters) -Shares of blank-check firm Cantor Equity Partners soared 42% on Friday, extending a scorching rally from the previous session as retail investors flocked to the stock. Over 2,200 users on Stocktwits.com, a social media platform for retail investors, added the stock to their watchlist after the company announced a $3.6 billion …

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European shares hit 3-week high as US-China trade tensions ease

25 Apr 2025

By Sukriti Gupta and Nikhil Sharma (Reuters) -European shares ended at a three-week high on Friday, notching up their second straight weekly gain as signs of a potential de-escalation in the U.S.-China trade war encouraged risk-taking. The pan-European STOXX 600 index closed 0.3% higher and were up 2.7% for the week. China has exempted some …

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Russia’s central bank governor on rates, inflation, rouble, tariffs

25 Apr 2025

MOSCOW (Reuters) – Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank held its key rate at 21% as expected. They spoke in Russian and the quotes below were translated into English by Reuters. NABIULLINA ON DECISION TO HOLD THE RATE “We had …

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Sub-Saharan Africa must lift revenue to ride out global turbulence – IMF Africa head

25 Apr 2025

By Karin Strohecker and Duncan Miriri WASHINGTON/NAIROBI (Reuters) -Sub-Saharan African economies should work to increase their domestic revenue collection to avoid having to take on debt amid “turbulent global conditions”, International Monetary Fund Africa Director Abebe Aemro Selassie said. The region’s economy is likely to expand by 3.8% this year, the Fund said in its …

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Global equity funds see second week of inflows on easing US-China tariff tensions

25 Apr 2025

(Reuters) -Global equity funds attracted inflows for a second straight week through April 23, supported by signs of a potential de-escalation in the tariff war between the U.S. and China, which boosted demand for riskier assets. According to LSEG Lipper data, global equity funds saw a net $9.11 billion inflow during the week after having …

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Kenyan shilling flat versus dollar, LSEG data shows

25 Apr 2025

NAIROBI (Reuters) -Kenya’s shilling was flat against the dollar on Friday, data from the London Stock Exchange Group (LSEG) showed. At 0932 GMT, the shilling was trading at 129.10/50 per dollar, the same as the close of Thursday’s session, according to LSEG data. (Reporting by Hereward Holland; Editing by Ayen Deng Bior and Tomasz Janowski)

Zimbabwe’s local currency inflation at over 85% y/y in April

25 Apr 2025

(Reuters) -Zimbabwe’s annual inflation rate was at 85.7% in April in local currency terms, statistics agency data showed. Friday’s release is the first time Zimstat has given a year-on-year local currency inflation rate since authorities launched the Zimbabwe Gold (ZiG) currency in April 2024. The ZiG is Zimbabwe’s sixth attempt at a stable currency in …

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Turkish households see inflation at 59.3% in 12 months, cenbank says

25 Apr 2025

ANKARA (Reuters) -Turkish inflation expectations edged up in April for businesses and market participants, and remained steady at 59.3% in 12 months time for households, the central bank said on Friday, reflecting fallout from market turmoil last month. The real sector’s inflation expectations for the same period increased 0.6 points to 41.7% in April, the …

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