Reuters US Economy Archives - Page 53 of 866

Bank of Israel in no rush to lower interest rates despite Gaza deal, official says

16 Oct 2025 16 Oct 2025

By Steven Scheer JERUSALEM (Reuters) -Israel’s central bank should not rush to cut interest rates in response to the Gaza ceasefire and last month’s inflation dip as the economy is doing well and improving consumer demand could stoke price rises, its deputy governor said on Thursday. Israeli policymakers have come under pressure from politicians, industrialists …

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Canadian home sales decline 1.7% in September

16 Oct 2025 16 Oct 2025

By Fergal Smith TORONTO (Reuters) -Canadian home sales fell 1.7% in September from August, ending a string of increases that began in April, data from the Canadian Real Estate Association showed on Thursday. Sales activity declined in the regions of Greater Vancouver, Calgary, Edmonton, Ottawa and Montreal, which more than offset gains in the Greater …

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Analysis-Argentina likely to widen peso’s trading band after elections, investors say

16 Oct 2025 16 Oct 2025

By Rodrigo Campos NEW YORK (Reuters) -Argentina will likely shift its foreign exchange policy to allow for a weaker peso after midterm elections this month, with analysts and investors warning that the current trading band is unsustainable and that U.S. support would only buy time for the beleaguered currency. The U.S. has been buying pesos …

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UK economy returns to growth, but only just, as Reeves plans budget

16 Oct 2025 16 Oct 2025

By William Schomberg LONDON (Reuters) -Britain’s economy returned to growth in August when it expanded by a marginal 0.1% from July, official data showed on Thursday, offering a little bit of relief to finance minister Rachel Reeves as she prepares her November budget. However, gross domestic product in July was revised to show a 0.1% …

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ECB should only cut rates further if new shocks hit, Dolenc says

16 Oct 2025 16 Oct 2025

By Balazs Koranyi WASHINGTON (Reuters) -The European Central Bank should hold interest rates steady unless new shocks hit, Slovenia’s acting central bank chief said, pushing back on arguments that inflation could fall too low without further easing. The ECB has cut interest rates by 2 percentage points in the year to June but has been …

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Japan August machinery orders fall 0.9% on-month, worse than forecast

16 Oct 2025 16 Oct 2025

TOKYO (Reuters) -Japan’s core machinery orders fell 0.9% in August from the previous month, government data showed on Thursday. That compared with a 0.4% gain estimated by economists in a Reuters poll. On a year-on-year basis, core orders, a highly volatile data series regarded as a leading indicator of capital spending in the coming six …

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New Zealand food prices fall in September

16 Oct 2025 16 Oct 2025

(Corrects headline and first paragraph to reflect Statistics New Zealand later said food prices fell 0.4%, not rose 0.3%; year-ago index rose 4.1%, not 5%) SYDNEY (Reuters) -New Zealand food prices fell 0.4% in September, data from Statistics New Zealand showed on Thursday, while the index rose 4.1% from the same month last year. Food …

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Nigerian inflation slows to more than three-year low in September as food prices ease

15 Oct 2025 15 Oct 2025

By Chijioke Ohuocha ABUJA (Reuters) -Nigeria’s headline inflation fell to its lowest level in more than three years in September, driven by a moderation in food prices, official data showed on Wednesday, offering some relief to policymakers battling cost-of-living pressures. The National Bureau of Statistics said the consumer price index dropped to 18.02% year-on-year last …

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Global debt tops G20 agenda, South African central bank chief says

15 Oct 2025 15 Oct 2025

By Karin Strohecker and Colleen Goko WASHINGTON/JOHANNESBURG (Reuters) -South African Reserve Bank Governor Lesetja Kganyago warned on Wednesday that rising global debt poses a risk to financial stability. The Financial Stability Board, which reports to the G20, has elevated debt concerns to a top-tier issue, Kganyago said on the sidelines of the International Monetary Fund …

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As Brazil readies for COP30 climate talks, finance ministers offer plan for $1.3 trillion in yearly finance

15 Oct 2025 15 Oct 2025

By Katy Daigle, Lisandra Paraguassu and Simon Jessop WASHINGTON/BRASILIA (Reuters) -A group of 35 finance ministers laid out suggestions on Wednesday for scaling climate finance to $1.3 trillion a year, a key demand by developing nations ahead of this year’s COP30 talks in Brazil. In the first-of-its-kind report, the Circle of Finance Ministers led by …

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