Reuters US Economy

US equity fund inflows ease to four-Week low on valuation concerns

(Reuters) -U.S. equity funds witnessed a sharp cooling of demand in the week through November 12 as investors grew wary about the durability of the artificial intelligence-driven market rally and indications of weakening labour market conditions in October. U.S. investors bought just $1.15 billion worth of equity funds during the week, their smallest weekly net …

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Over-indebtessness on the rise again in Germany, survey shows

BERLIN (Reuters) -Over-indebtedness among German adults is climbing again after years of decline, as economic weakness and rising costs squeeze household finances, data from credit agency Creditreform showed on Friday. About 5.67 million people aged over 18 are over-indebted – defined as total expenditure exceeding income – in 2025, up 111,000 or 2% from last …

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French inflation revised down to 0.8% year-on-year in October

(Reuters) -Consumer prices in France rose 0.8% year-on-year in October, statistics office INSEE said on Friday, below analysts’ expectations and the preliminary reading published last month. The EU-harmonised inflation figure in the bloc’s second biggest economy slowed compared to the September reading of +1.1%. A Reuters poll of 17 analysts had expected a rate of …

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Cuba accuses US-funded media outlet of economic terrorism, manipulating exchange rate

By Dave Sherwood HAVANA (Reuters) -Cuba on Thursday alleged that U.S.-funded media outlet El Toque was manipulating Cuba’s informal exchange rate to foment unrest on the island at a time when a plummeting peso has sent prices soaring. Cuba called the black market exchange, calculated and published in real time by El Toque on its …

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Fed’s Kashkari wanted rate-cut pause in October, reports Bloomberg News

(Reuters) -Minneapolis Federal Reserve President Neel Kashkari told Bloomberg News in an interview on Thursday that he did not support the Fed’s interest-rate cut in October given the economy’s resilience, and said he was undecided on what to do for the Fed’s meeting next month.  “I can make a case depending on how the data …

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Brazil trims 2025 growth, inflation forecasts amid slowdown

BRASILIA (Reuters) -Brazil’s Finance Ministry on Thursday trimmed its 2025 economic growth forecast to 2.2% from 2.3%, citing weaker than previously expected third-quarter results that also weighed on its outlook for the final three months of the year. Latin America’s largest economy has been slowing after an aggressive monetary tightening cycle carried out by the …

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IMF says Jamaica has buffers to finance immediate disaster-related needs

WASHINGTON (Reuters) -The International Monetary Fund said it was closely monitoring developments in Jamaica and Haiti on Thursday following the devastation caused by Hurricane Melissa, adding that Jamaica had buffers to finance immediate disaster-related needs. IMF spokeswoman Julie Kozack told reporters that the IMF was standing by to assist both countries, which were the hardest …

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IMF sees signs of US economic strain but lack of data due to shutdown clouds picture

By David Lawder WASHINGTON (Reuters) -The International Monetary Fund is seeing signs of strain in the U.S. economy with fourth-quarter growth likely decelerating from previous forecasts, but a lack of data due to the government shutdown has clouded its ability to assess U.S. economic performance, IMF spokesperson Julie Kozack said on Thursday. Kozack told a …

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European shares close lower with upcoming US data in focus; Siemens slides

By Johann M Cherian and Sukriti Gupta (Reuters) -European shares closed lower on Thursday, as investors shifted their focus to crucial U.S. economic data following the end of the nation’s longest government shutdown, while Siemens fell after an underwhelming earnings report. The pan-European STOXX 600 index ended down 0.6% at 580.67 points. It had logged …

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