(Reuters) -Consumer prices in France rose 1.1% year-on-year in September, statistics office INSEE said on Wednesday, confirming analysts’ expectations and the preliminary reading published last month. The EU-harmonised year-on-year inflation figure in the bloc’s second biggest economy accelerated slightly from the August reading of +0.8%. (Reporting by Gianluca Lo Nostro; Editing by Milla Nissi-Prussak)
(Reuters) -Australian shares rose on Wednesday to log their strongest trading session in nearly two weeks as banks gained, while local investors digested the cautious stance of the country’s central bank in the minutes of its September policy meeting. The S&P/ASX 200 index rose 0.9% to 8,976.30 points by 0001 GMT. The benchmark is on …
Banks propel Australian shares to log best session in nearly two weeks Read More »
By Saeed Azhar, Tatiana Bautzer and Nupur Anand NEW YORK (Reuters) -U.S. bank executives expressed optimism that Trump administration regulators will soften capital rules, a major reversal from stricter proposals under the Biden administration. Wall Street has already locked in major wins on its regulatory wish list, including a pullback on supervisory bank exams and …
US banks cheer regulators’ steps toward easing capital requirements Read More »
By Marcela Ayres BRASILIA (Reuters) -Brazil’s government said it would start discussing on Wednesday measures to offset Congress’ shelving of a proposal that would have overhauled taxation on investments while also raising taxes on betting and fintech companies to boost revenue. The proposal was deemed crucial to help the government meet its fiscal goal of …
Brazil to start debating fiscal measures after Congress setback, finance minister says Read More »
By Pete Schroeder WASHINGTON (Reuters) -Global markets are too comfortable with risks, including trade wars, geopolitical tensions and yawning government deficits, which, combined with already overpriced assets, increase the chance of a “disorderly” market correction, the International Monetary Fund said on Tuesday. Underscoring the IMF’s warning, U.S. President Donald Trump’s revived threats on Friday to hike …
IMF warns of rising odds of ‘disorderly’ global market correction Read More »
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -The International Monetary Fund on Tuesday said putting pressure on central banks to lower interest rates “always backfires,” warning that erosion of trust in monetary authorities could de-anchor inflation expectations. The IMF’s chief economist, Pierre-Olivier Gourinchas, said the global lender was observing increasing pressures on central banks …
Erosion of trust in central banks can boost inflation expectations, IMF warns Read More »
WASHINGTON (Reuters) -The Israel-Hamas peace deal that halts two years of armed conflict in Gaza presents an opportunity for a lasting economic recovery in the region, the International Monetary Fund’s deputy chief economist said on Tuesday. Petya Koeva-Brooks said the IMF stands ready to cooperate with the international community on the recovery of Gaza and …
IMF says Gaza peace deal creates opportunity for lasting economic recovery Read More »
WASHINGTON (Reuters) -The latest trade tensions between the United States and China pose a downside risk for the global economy that is not reflected in the International Monetary Fund’s latest outlook, chief economist Pierre-Olivier Gourinchas said on Tuesday. Gourinchas told reporters that the U.S. tariff shock was further dimming already weak growth prospects, with uncertainty …
Latest US-China trade tensions add to economic risk, IMF’s Gourinchas says Read More »
WASHINGTON (Reuters) -The Bank of England should be “very cautious” about further interest rate cuts due to rising inflation expectations among households and investors, the International Monetary Fund’s chief economist, Pierre-Olivier Gourinchas, said on Tuesday. The IMF had just forecast that Britain’s economy would have the highest inflation in the Group of Seven rich economies …
Bank of England should be ‘very cautious’ about future rate cuts, IMF says Read More »
By Rachna Uppal DUBAI (Reuters) -The International Monetary Fund upgraded its 2025 economic growth forecast for Saudi Arabia on Tuesday due to a faster-than-expected unwinding of oil production cuts in the world’s top crude exporter. In its latest World Economic Outlook, the IMF lifted its forecast for Saudi Arabia’s GDP growth in 2025 to 4%, …
IMF ups Saudi Arabia’s 2025 GDP growth forecast to 4% as oil output rises Read More »
