BofA pushes out final Fed rate hike expectation to December
(Reuters) - BofA Global Research said on Friday it now expects the U.S. Federal Reserve to deliver a 25-basis-point rate...
Economy
Canada August retail sales down 0.1%, boost expectations of rate pause
OTTAWA (Reuters) - Canadian retail sales fell by 0.1% in August from July and look set to stay flat in...
Column-What landing? Global economy’s twin engines rev up: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - The 2024 consensus world economic and market view is shaping up to be...
United Auto Workers strike: Cost to US economy tops $9 billion
The United Auto Workers' simultaneous, but limited, strike against Ford, General Motors and Stellantis has now cost the U.S. economy...
House speaker election: Crypto advocate Tom Emmer seen as having the best chance of getting the job
As House Republicans keep fighting over who to elect as speaker, GOP Rep. Tom Emmer of Minnesota is currently viewed...
RBI plans to sustain repo rates amid declining inflation
The Reserve Bank of India (RBI) is poised to maintain its repo rates for an extended period due to a...
India emerges as top pick among emerging markets, says Morgan Stanley
Following a sustained period of economic growth and earnings improvement, Morgan Stanley has elevated India to "standout overweight", ranking it...
Retail credit card rates hit record high
Interest rates are continuing to climb just as the holiday shopping season is approaching, making it more costly for shoppers...
It’s looking like student-loan repayments won’t be such a big drag on the U.S. economy after all
It turns out that the much-feared resumption of student loan repayments isn’t exerting as negative an influence on the economy...
BoC likely done raising rates, to cut by mid-2024 say economists in Reuters poll
By Milounee Purohit BENGALURU (Reuters) - The Bank of Canada is probably done raising interest rates and will hold them...
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