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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