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Conservative Talk - Freedom 95.9 and AM 1290
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BOJ executive saw need for vigilance to ‘non-linear’ inflation spikes
1+ hour, 36+ min ago (380+ words) TOKYO, Sept 14 (Reuters) – Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday....
Ahead of Fed meeting, Trump says US should have world’s lowest interest rate
14+ hour, 51+ min ago (374+ words) By Bo Erickson, Padraic Halpin and Conor Humphries DOONBEG, Ireland, Sept 13 (Reuters) – No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve’s next policy meeting. Speaking to reporters at…...
Canadian boycott of US products pushes grocers to adapt, explore new supply sources
1+ day, 20+ hour ago (697+ words) TORONTO, Sept 12 (Reuters) – A growing consumer push to buy Canadian and boycott U.S. products is reshaping supermarket shelves in Canada, forcing grocers to improve country-of-origin labeling and secure new sources of supply. In Ontario, the president of independent grocer Vince’s…...
US budget deficit shrinks in August, year-to-date flat at $1.97 trillion
2+ day, 11+ hour ago (240+ words) Sept 11 (Reuters) – The U.S. federal budget deficit for August shrank to $167 billion due largely to some calendar shifts in benefit payments rather than any underlying trend, leaving the fiscal-year-to-date budget gap essentially flat at $1.97 trillion, the U.S. Treasury said…...
Cutting Canada tariffs alone won’t flatten US aluminum premium, Alcoa says
3+ day, 13+ hour ago (330+ words) Sept 10 (Reuters) – The steep premium paid for aluminum in the U.S. will not drop significantly even if Washington halves the tariffs on metal from neighboring Canada, because imports from other countries will still be needed, Alcoa’s finance chief said on…...
Bond yields hit multi-year highs as traders brace for new ECB rate-hike cycle
3+ day, 14+ hour ago (649+ words) LONDON, Sept 10 (Reuters) – Traders in the euro area were bracing for interest rate hikes well into next year on Thursday as the European Central Bank hiked borrowing costs and increased its inflation forecast, just as oil prices jumped again due…...
French economy set for only 0.4% growth this year, says INSEE
3+ day, 15+ hour ago (365+ words) PARIS, Sept 10 (Reuters) – The French economy will grow markedly less this year than the government has anticipated as declining purchasing power weighs on consumer spending and firms rein in investment, the national statistics office forecast on Thursday, cutting its outlook....
IMF say global growth on track to reach 3% in 2026, but risks remain high
3+ day, 15+ hour ago (188+ words) WASHINGTON, Sept 10 (Reuters) - The IMF on Thursday said the global economy had weathered the energy shock caused by the war in the Middle East better than feared and global economic output was still expected to expand by about 3% in 2026, but…...
ECB’s Lagarde rejects French far-left leader’s debt-cancellation plan as ‘financially dangerous’
3+ day, 16+ hour ago (232+ words) BERLIN, Sept 10 (Reuters) – European Central Bank President Christine Lagarde on Thursday rejected French far-left leader Jean-Luc Mélenchon’s plan to cancel a portion of France’s national debt, calling it “financially dangerous” and legally impossible under EU law. Mélenchon has proposed cancelling…...
Major central banks strike a more hawkish tone as energy costs jump
3+ day, 16+ hour ago (738+ words) By Stefano Rebaudo and Sophie Kiderlin Sept 10 (Reuters) – Persistent inflation pressures and resilient economic growth have increased the risk of further rate hikes by major central banks, as energy prices rise and Middle East tensions show little sign of easing....