News
BOJ chief says underlying inflation steadily approaching 2% target
2+ hour, 45+ min ago (100+ words) TOKYO, Dec 25 (Reuters) - Bank of Japan Governor Kazuo Ueda said on Thursday the nation's underlying inflation is accelerating gradually and steadily ... TOKYO, Dec 25 (Reuters) " Bank of Japan "Governor Kazuo Ueda said on Thursday the nation's underlying "inflation is "accelerating gradually…...
Japan expects growth to accelerate next year with fiscal stimulus
7+ hour, 43+ min ago (328+ words) TOKYO, Dec 25 (Reuters) " Japan's government revised up its economic forecast for the fiscal year to next March and projected that growth would accelerate in the following year, "on the view that its massive stimulus package will boost consumption and capital…...
Futures slip in shortened Christmas Eve trade
20+ hour, 2+ min ago (520+ words) By Sruthi Shankar and Shashwat Chauhan Dec 24 (Reuters) " U.S. stock index futures were marginally lower in shortened Christmas Eve trading on Wednesday, as traders wait to see whether stocks can extend record gains in a seasonally strong stretch for markets. The…...
BOJ debated need to keep raising rates, October meeting minutes show
1+ day, 7+ hour ago (297+ words) TOKYO, Dec 24 (Reuters) " Bank of Japan policymakers debated the need to continue raising interest rates to levels deemed neutral to the economy with "some arguing doing so would help achieve long-term, stable growth, minutes of their October meeting showed on…...
Bank of Canada can’t tell if next rate move will be a hike or a cut, say minutes
1+ day, 12+ hour ago (339+ words) OTTAWA, Dec 23 (Reuters) " Ahead of the Bank of Canada's rates decision on December 10, Governing Council agreed it was hard to predict whether its next move would "be a hike or cut, according to minutes of the meeting released on Tuesday....
White House advisor Hassett says GDP ‘fantastic,’ job gains to jump
1+ day, 15+ hour ago (322+ words) Dec 23 (Reuters) - White House economic adviser Kevin Hassett said stronger-than-expected U.S. economic "growth reported Tuesday for last quarter is a product of President Donald Trump's trade policies and of investment "in artificial intelligence, "an... Dec 23 (Reuters) " White House economic adviser Kevin…...
Yields rise, stocks up slightly after US GDP data; yen firms on currency warnings
1+ day, 15+ hour ago (633+ words) By Caroline Valetkevitch and Dhara Ranasinghe NEW YORK/LONDON, Dec 23 (Reuters) " Major stock indexes were up slightly and'Treasury yields rose on Tuesday after stronger-than-expected U.S. economic data, while the yen shot up after warnings from Tokyo on its readiness to support…...
US consumer confidence deteriorates in December
1+ day, 16+ hour ago (288+ words) WASHINGTON, Dec 23 (Reuters) - U.S. consumer confidence deteriorated in December amid "deepening anxiety over jobs and income, consistent with economists' expectations for a sharp moderation in consumer "spending after it surged "in the third quarter. ... WASHINGTON, Dec 23 (Reuters) " U.S. consumer confidence deteriorated in…...
US economic growth accelerates in third quarter
1+ day, 17+ hour ago (411+ words) WASHINGTON, Dec 23 (Reuters) " The U.S. economy grew faster than expected in the third quarter, driven by robust consumer spending, but momentum appears to have faded amid the rising cost of living and recent "government shutdown. Gross domestic product increased at a…...
Major central banks deliver biggest easing push in over a decade in 2025
1+ day, 21+ hour ago (537+ words) By Karin Strohecker and Sumanta Sen LONDON, Dec 23 (Reuters) " Major central banks have delivered interest rate cuts in 2025 at the fastest clip and largest scale since the financial crisis, while easing among policymakers in developing nations also accelerated. Nine of…...