Reuters US Economy Archives - Page 52 of 866

Indonesia announces cash handout, internship programme to stimulate economy

17 Oct 2025 17 Oct 2025

JAKARTA (Reuters) -Indonesia on Friday launched a new economic stimulus package that includes cash handouts totalling 30 trillion rupiah ($1.81 billion) for 35 million households and expanded a planned paid internship scheme, its chief economic minister said. The cash handouts will be distributed as early as next week and will last until the end of …

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China expected to keep benchmark lending rates steady despite renewed Sino-US tensions

17 Oct 2025 17 Oct 2025

SHANGHAI (Reuters) -China is expected to keep benchmark lending rates steady for the fifth consecutive month in October on Monday, a Reuters survey showed, as policymakers remain cautious despite a recent flare-up in trade tensions between Beijing and Washington. The world’s two largest economies have once imposed tit-for-tat measures amid an intensifying trade dispute. China …

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Fed’s Kashkari: Economy may not be slowing as much as we think

17 Oct 2025 17 Oct 2025

By Ann Saphir (Reuters) -Minneapolis Federal Reserve President Neel Kashkari said Thursday he does not think that there is a big chance the labor market will weaken sharply or inflation will surge, though of the two, “there’s more risk of a labor market negative surprise than a big uptick in inflation.” “On the other hand, …

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French stocks jump to seven-month high after government survives confidence vote

16 Oct 2025 16 Oct 2025

By Sruthi Shankar and Pranav Kashyap (Reuters) -French stocks rose to a seven-month high on Thursday after the government survived a confidence vote, while a jump in Nestle buoyed the wider European market. The pan European STOXX 600 closed up 0.7%, with gains in food and beverage stocks offsetting weakness in insurance stocks. French Prime …

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Colombian Senate approves $140 billion 2026 budget, sending to president’s desk

16 Oct 2025 16 Oct 2025

BOGOTA (Reuters) -Colombia’s Senate gave final approval to the government’s 546.9 trillion peso ($140.2 billion) 2026 budget on Wednesday, sending it to the president to sign after prior approval in the lower house. The Senate passed the budget with 50 votes in favor and 27 against. The budget for 2026, as approved by Congress, is …

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ECB must not overengineer policy on small inflation deviations, Kocher says

16 Oct 2025 16 Oct 2025

WASHINGTON (Reuters) -The European Central Bank should keep interest rates steady as long as inflation is close to 2% and should not try to overengineer policy in case of small deviations from its target, Austrian central bank chief Martin Kocher said on Thursday. While inflation has hovered around 2% for months, projections show it dipping …

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IMF’s Georgieva urges more scrutiny of non-bank lenders

16 Oct 2025 16 Oct 2025

By David Lawder WASHINGTON (Reuters) -The International Monetary Fund is urging countries to pay more attention to risks that may be building in non-bank lending markets after the collapse of two U.S. automotive firms, IMF Managing Director Kristalina Georgieva said on Thursday. Georgieva told a news conference during the IMF and World Bank annual meetings …

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IMF official urges China to shift fiscal focus away from industrial policy

16 Oct 2025 16 Oct 2025

By Leika Kihara WASHINGTON (Reuters) -China has scope to ramp up fiscal stimulus, but should shift the focus of spending away from industrial policy and toward steps to boost consumption, a senior International Monetary Fund official said on Thursday. The Chinese economy remained resilient despite higher U.S. tariffs due to strong exports, though growth is …

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Brazil interest rates must stay on hold until data converge, says cenbank director

16 Oct 2025 16 Oct 2025

(Reuters) -Brazil’s central bank monetary policy director Nilton David said on Thursday that policymakers believe interest rates should remain at 15% for a very prolonged period until they are convinced that economic data are converging to desired levels. After August economic activity data came in weaker than expected, David told an event hosted by UBS …

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Canadian housing starts rise 14% in September -CMHC

16 Oct 2025 16 Oct 2025

TORONTO (Reuters) -Canadian housing starts rose 14% in September compared with the previous month, a sharper increase than expected, data from the national housing agency showed on Thursday. The seasonally adjusted annualized rate of housing starts was 279,234 units, up from a revised 244,543 units in August, the Canada Mortgage and Housing Corporation (CMHC) said. …

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