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IMF revises Japan’s economic forecast higher, sees gradual BOJ rate hikes

By Leika Kihara (Reuters) -The International Monetary Fund (IMF) revised higher on Tuesday its 2025 economic growth forecast for Japan and projected the nation’s central bank to gradually raise interest rates over the medium term to around 1.5% from the current 0.5%. In its World Economic Outlook report, the IMF projected Japan’s economy to expand …

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IMF raises India’s growth forecast for 2025/26 despite US tariff hikes

NEW DELHI (Reuters) -The International Monetary Fund (IMF) has raised India’s growth forecast by 0.2 percentage points to 6.6% for the 2025/26 fiscal year as the country’s strong growth momentum is seen offsetting the impact of high U.S. tariffs on Indian goods. India’s GDP grew at an unexpectedly higher pace of 7.8% in April-June thanks …

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Brazil services activity rises for the seventh consecutive month in August

BRASILIA, Oct 14 (Reuters) – Services activity in Brazil grew 2.5% in August from August 2024, statistics agency IBGE said. Economists had forecast a median rise of +2.5% in a Reuters poll. Services activity rose 0.1% from July after seasonal adjustments. (By Sao Paulo Newsroom; tel: +5511 56447500)

Singapore keeps monetary policy unchanged as growth remains firm

By Xinghui Kok and Jun Yuan Yong SINGAPORE (Reuters) -Singapore’s central bank kept its monetary policy settings unchanged on Tuesday, as expected, as growth in the city-state remained resilient despite challenges from U.S. tariffs. Ten of 14 analysts polled by Reuters ahead of the review expected the MAS to keep policy settings unchanged, while the …

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IMF chief Georgieva says IMF will keep pushing G20 to prioritize debt issues

By Andrea Shalal WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva on Monday said the IMF will continue to push the Group of 20 major economies to focus on persistent debt issues burdening developing economies. Georgieva, speaking at the annual meetings of the IMF and World Bank in Washington, said the impact of U.S. …

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European shares recover from near two-week low as Trump softens China tariff stance

By Sruthi Shankar and Pranav Kashyap (Reuters) -European shares staged a modest comeback on Monday, shaking off Friday’s bruising selloff after U.S. President Donald Trump toned down his aggressive trade stance toward China. The pan-European STOXX 600 index ticked up 0.4%, clawing back some losses from a 1.3% plunge after Trump threatened a 100% tariff …

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Argentina inflation forecast to have accelerated in September: Reuters poll

BUENOS AIRES (Reuters) -Argentina’s inflation is forecast to have accelerated in September over August though the impact of recent currency volatility was probably limited, a Reuters poll showed. Consumer price figures due on Tuesday will be closely scrutinized as the country approaches a key legislative vote at the end of October amid intense financial uncertainty. …

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India’s retail inflation slows to eight-year low in September, leaving room for rate cut

By Nikunj Ohri NEW DELHI (Reuters) -India’s annual retail inflation slowed to an eight-year low of 1.54% in September, government data showed on Monday, as food prices eased, leaving room for the central bank to cut rates one more time when it meets in December. Retail inflation was below a Reuters poll of 1.7% and …

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Deutsche Bank turns ‘overweight’ on European equities

(Reuters) -Deutsche Bank upgraded its stance on European equities to “overweight” on Monday, citing cheap valuations and a strong fiscal backdrop, and forecast the benchmark STOXX 600 index could hit 650 by the end of 2026. The new target implies a potential upside of 15.2% for the benchmark index from Friday’s close of 564.16 points. …

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