Specialized search for economics

5+ min ago (701+ words) WASHINGTON " Treasury Secretary Scott Bessent has predicted the US will end the year "with 3% real GDP growth" " as President Trump prepares a national tour to tout his economic successes before the 2026 midterms. "We inherited a mess," Trump said at the White House on Monday, the day before he is set to visit a casino in the key swing state of Pennsylvania to discuss how his administration's policies have helped lower prices through a mix of deregulatory moves and key investments in the energy and AI industries. "But Democrats caused the affordability problem. " They caused it " we're fixing it," added Trump, who is expected to hit more states during his messaging tour in January. The Trump White House is recalibrating its pitch to voters after a bruising off-year election cycle for Republicans in New Jersey, Virginia and New York City, which…...

9+ min ago (385+ words) Our credit to deposit ratio is 73 per cent and we have enough cushion to grow in credit without much growth in deposits....

9+ min ago (681+ words) WASHINGTON " Treasury Secretary Scott Bessent has predicted the US will end the year "with 3% real GDP growth" " as President Trump prepares a national tour to tout his economic successes before the 2026 midterms. "We inherited a mess," Trump said at the White House on Monday, the day before he is set to visit a casino in the key swing state of Pennsylvania to discuss how his administration's policies have helped lower prices through a mix of deregulatory moves and key investments in the energy and AI industries. "But Democrats caused the affordability problem. " They caused it " we're fixing it," added Trump, who is expected to hit more states during his messaging tour in January. The Trump White House is recalibrating its pitch to voters after a bruising off-year election cycle for Republicans in New Jersey, Virginia and New York City, which…...

9+ min ago (26+ words) The West Australian is a leading news source in Perth and WA. Breaking local and world news from sport and business to lifestyle and current affairs....

15+ min ago (505+ words) Market Overview Analysis by Louis Navellier covering: Crude Oil WTI Futures, Crude Oil Futures, Crude Oil WTI Futures, Crude Oil WTI Futures. Read Louis Navellier's latest article on Investing.com Why Two Fed Cuts May Be Needed as China's Export Boom Curtails Global Growth Position added successfully to: This week will be all about the Federal Open Market Committee (FOMC) statement on Wednesday. It is anticipated that the Fed will not be telegraphing further key interest rate cuts in the FOMC statement, no matter what their dot plot signals, since the Fed remains very uncomfortable with the delay in economic data from the federal government shutdown. The bottom line is there is no reason for the Fed to remain restrictive when the U.S. economy is not creating many jobs, so in my opinion, the Fed has to cut key interest rates…...

15+ min ago (245+ words) On November 21, the Congressional Research Service released a report reviewing possible disruptions in the U.S. Treasury securities market and outlining policy options. The nearly $30 trillion Treasury market is critical for global financial stability, but several events in 2019 and 2020 highlighted vulnerabilities in market liquidity and resilience. The report identified key concerns, including the rapid growth of the Treasury market relative to intermediaries" capacity and shifts in...By: Orrick, Herrington & Sutcliffe LLP Congressional Research Service Examines Treasury Market Vulnerabilities and Policy Options On November 21, the Congressional Research Service released a report reviewing possible disruptions in the U.S. Treasury securities market and outlining policy options. The nearly $30 trillion Treasury market is critical for global financial stability, but several events in 2019 and 2020 highlighted vulnerabilities in market liquidity and resilience. The report identified key concerns, including the rapid growth of the Treasury market relative to intermediaries" capacity…...

17+ min ago (515+ words) NZD/USD declines on Monday, trading around 0.5770 at the time of writing, down 0.10% on the day. After briefly touching 0.5790, the pair erased its earlier gains as market sentiment turned more cautious. China's trade surplus largely exceeded expectations in November, reaching $111.68 billion. This result, driven by a 5.9% YoY increase in exports, highlights the resilience of Chinese external demand. However, the improvement was not enough to sustain the New Zealand Dollar's (NZD) upward momentum, as markets trimmed risk exposure in the absence of additional catalysts. The US Dollar (USD) remains indecisive ahead of Wednesday's Federal Reserve (Fed) meeting. Markets are pricing nearly a 90% chance of a 25-basis-point rate cut, while also considering further reductions in 2026. Recent inflation readings, combined with mixed labour indicators, have encouraged caution and limited directional positioning across risk-linked currency pairs. In this environment, the pair's next moves will…...

24+ min ago (766+ words) December 8, 2025 / 3:29 PM EST / CBS News The Federal Reserve will announce its final interest rate decision of 2025 on Wednesday, capping off a turbulent year for the U.S. economy defined by fresh labor market headwinds and tariff-fueled inflation that has deepened the nation's affordability crunch. The U.S. central bank will have to make its decision without some key government data. Hiring data for November and the latest inflation number have been delayed until mid-December " after the Fed's meeting " because of the U.S.government shutdown. Those two measures are key to the Fed's decision-making on interest rates because of its so-called dual mandate, which is to keep both inflation and unemployment low. Those goals have proved difficult to reconcile this year amid a slowdown in hiring and a spike in layoffs, while inflation has edged higherin recent months partly due to the Trump administration's tariffs. Despite…...

35+ min ago (206+ words) The official euro rate was increased by one ruble to 89.7054 rubles - Russian Politics & Diplomacy Russian Politics & DiplomacyInto section "- Business & Economy Business & EconomyInto section " - Military & Defense Military & DefenseInto section " - Science & Space Science & SpaceInto section " - Society & Culture Society & CultureInto section " Bank of Russia sets dollar rate at 77.27 rubles for December 9 MOSCOW, December 8. /TASS/. The Bank of Russia sets the official dollar rate at the level of 77.2733 rubles for December 9, 2025, which is 1.18 rubles above the prior indicator. The official euro rate was increased by one ruble to 89.7054 rubles. - Russian Politics & Diplomacy Russian Politics & DiplomacyInto section "- Business & Economy Business & EconomyInto section " - Military & Defense Military & DefenseInto section " - Science & Space Science & SpaceInto section " - Society & Culture Society & CultureInto section " Bank of Russia sets dollar rate at 77.27 rubles for December 9 MOSCOW, December 8. /TASS/. The Bank of Russia sets the official dollar rate at the level of 77.2733 rubles for…...

39+ min ago (590+ words) Buying a home in today's market is expensive to say the least, but with mortgage rates potentially trending downward in the new year, many prospective buyers are feeling hopeful again. However, there is a catch: lower rates don't automatically mean a better deal. In fact, rushing into a mortgage without a smart strategy can cost you thousands over time. Be Aware: I'm a Real Estate Agent: 7 Places To Avoid Buying a House in 2026 Whether you're a first-time buyer or planning to refinance, it's crucial to avoid common pitfalls that can derail your financial goals. Here are three mortgage mistakes you must not make if interest rates drop, and how to make the most of this opportunity to secure a better home loan in 2026. While many interest rates are going down in the long-term, there's mixed short-term movement. The Federal Reserve…...