Reuters US Economy

European shares flat ahead of Fed decision; investors assess mixed corporate updates

10 Dec 2025

By Purvi Agarwal and Ragini Mathur Dec 10 (Reuters) – European shares ended flat on Wednesday, as investors adopted a cautious stance ahead of the U.S. Federal Reserve’s interest rate decision, while also parsing a slate of corporate announcements. The pan-European STOXX 600 closed flat at 577.78, extending its pattern of trading in tight ranges …

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Bank of Canada holds rates, says economy looks better than expected despite tariffs 

10 Dec 2025

By Promit Mukherjee and David Ljunggren OTTAWA, Dec 10 (Reuters) – The Bank of Canada held its key policy rate steady at 2.25% on Wednesday as widely expected, and Governor Tiff Macklem said the economy was proving resilient overall to the effect of U.S. trade measures. Despite tariffs between 25% and 50% on some critical …

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FULL TEXT-Bank of Canada governor says economy proving resilient

10 Dec 2025

OTTAWA, Dec 10 (Reuters) – The Bank of Canada released the following statement by Governor Tiff Macklem on Wednesday: “Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s monetary policy decision. “Today, Governing Council maintained the policy interest rate at 2.25%. “We have three main messages. “First, steep …

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Mexico’s lower house approves tariff hikes on Chinese, other Asian imports

10 Dec 2025

By Diego Oré MEXICO CITY, Dec 10 (Reuters) – Mexico’s lower house early Wednesday approved tariffs of up to 50% next year on imports from China and several other Asian countries, aiming to boost domestic production and address trade imbalances.  With 281 votes in favor, 24 against, and 149 abstentions, the chamber passed the bill, …

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China’s deflationary strains persist even as consumer inflation hits 21-month high

10 Dec 2025

BEIJING, Dec 10 (Reuters) – China’s annual consumer inflation accelerated to a 21-month peak in November, mainly driven by food prices, while factory-gate deflation deepened, with underlying trends suggesting domestic demand remains weak and unlikely to recover in the near term. The $19 trillion economy is on course to meet Beijing’s growth target of “around …

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Italy industry output falls more than expected as economy struggles

10 Dec 2025

(Removes extraneous words in headline) ROME, Dec 10 (Reuters) – Italian industrial output fell 1.0% in October from the month before, data showed on Wednesday, in a renewed sign of weakness for the country’s long-struggling manufacturing sector. A Reuters survey of 12 analysts had pointed to a 0.3% decrease, after a 2.7% rise in September …

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Bank of Canada to keep rates steady at 2.25% after robust economic data bolsters bets for a long hold

10 Dec 2025

By Promit Mukherjee OTTAWA, Dec 10 (Reuters) – The Bank of Canada is almost certain to hold its interest rate at 2.25% on Wednesday after signaling in October that its key policy rate was at the right level and following a slew of upbeat data on economic growth, inflation and the job market. Despite grueling U.S. …

Bank of Canada to keep rates steady at 2.25% after robust economic data bolsters bets for a long hold Read More »

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