Reuters US Economy

By Mike Dolan LONDON (Reuters) – If inflation is as politically toxic as this week’s resounding U.S. election result suggests, the presumed impact of his economic policy proposals should make President Donald Trump hesitate on his return to the White House. The scale of the Republican candidate’s comprehensive victory laid waste to pre-election polling and …

Column-Politically toxic inflation may curb Trump agenda: Mike Dolan Read More »

By Promit Mukherjee OTTAWA, Nov 6 Canada’s housing affordability cannot be resolved by changing the country’s unique mortgage structure, the Bank of Canada’s Senior Deputy Governor said on Wednesday, as a wave of mortgage renewals over the next two years threaten to hurt the economy. “Improved housing affordability requires a better balance between supply and …

Bank of Canada says changes to mortgage structure will not resolve housing affordability Read More »

By Gabriel Burin (Reuters) – Brazil’s annual inflation is forecast to have reached a one-year high in October on steeper energy and meat prices caused by a severe drought, while a host of risks continue to muddy the outlook for 2025, a Reuters poll found. Facing a number of worrying trends, Banco Central do Brasil …

Brazil annual inflation forecast at 1-year high in Oct- Reuters poll Read More »

MOSCOW (Reuters) – The Russian central bank on Wednesday forecast gross domestic product to grow by 2-3% in the fourth quarter of this year, compared to 3.2% in the third quarter. Russia’s economy contracted in 2022 and growth now relies heavily on large-scale government spending on arms production as Moscow funds the conflict in Ukraine, …

Russian central bank sees Q4 GDP growth at 2-3% versus 3.2% in Q3 Read More »

By Marcela Ayres and Lisandra Paraguassu BRASILIA (Reuters) – Brazil’s government is preparing measures to curb spending that would put health and education expenditures under a general cap that already applies to other outlays, two officials familiar with the matter said on Tuesday. The measures, which have not been finalized, are aimed at easing fiscal …

Brazil looks at curbing health, education spending in fiscal package, sources say Read More »

OTTAWA, Nov 5 (Reuters) – The Bank of Canada’s governing council felt its key borrowing cost was not needed to be as restrictive ahead of its Oct. 23 decision to cut rates as it was confident that upside pressures on inflation would continue to decline, minutes showed on Tuesday. The BoC slashed its key policy …

Bank of Canada members do not see need for interest rate to be as restrictive, minutes show Read More »