15th November 2024

  • Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong

He sees inflation on ‘sometimes-bumpy’ path toward 2% target

Economy’s strength allows Fed to approach decisions carefully

https://blinks.bloomberg.com/news/stories/SMYXSMT1UM0X

  • Traders Trim Bets for December Fed Rate Cut on Powell’s Caution

Policy-sensitive US yields climbed as Fed chair spoke on rates

Powell said no need to hurry rate cuts with economy strong

https://blinks.bloomberg.com/news/stories/SMYN9OT1UM0W

  • UK Economy Had Sharper-Than-Forecast Slowdown Last Quarter (1)

UK suffers contraction in September as budget worries grew

It marks a slow start to Labour’s promises to boost growth

https://blinks.bloomberg.com/news/stories/SMZD13T0AFB4

  • China’s Economy Stabilizes as Retail Sales Beat Expectations

Retail sales grow at the fastest pace since February

Industrial output disappoints, showing uneven stimulus impact

https://blinks.bloomberg.com/news/stories/SMZ42DT1UM0W

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