15th October 2024

  • Global Public Debt to Hit $100 Trillion by End of 2024, IMF Says

Ratio of public debt to global GDP seen at 93% by year-end

Expected to keep rising through end of decade to approach 100%

https://blinks.bloomberg.com/news/stories/SL70HJDWRGG0

  • Americans Intend to Cut Holiday Gift Purchases in Hit to Retail

Survey shows US consumers plan to reduce gift buying by 3%

Respondents also plan to shop at more affordable stores

https://blinks.bloomberg.com/news/stories/SLD98VT0G1KW

  • Waller Says Fed Should Cut With Caution at ‘Deliberate’ Pace

Says still ‘considerable’ room for cutting above neutral rate

Waller says hurricanes, strike could cut October jobs by 100k

https://blinks.bloomberg.com/news/stories/SLD10PDWLU68

  • Fed’s Kashkari Sees ‘Further Modest’ Cuts in Coming Quarters

Minneapolis Fed chief says US labor market remains strong

He says China is hurting itself by stifling innovative sectors

https://blinks.bloomberg.com/news/stories/SLD8XPT0G1KW

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