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    US likely to slash interest rates 3 or 4 times this year: Fed official

    US likely to slash interest rates 3 or 4 times this year: Fed official

    19 Jan 2025

    The US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with a first cut possible before July, a senior bank official said Thursday.Headline...

    Shoppers walk with their purchases near the US- Mexico border in San Ysidro, California. Tribune News Service

    Trump's tariffs brought China and Mexico closer

    17 Jan 2025

    The last time Donald Trump was president, he imposed a slew of tariffs on China that upended global trade. He’s threatening to do it again. Round One inadvertently pushed China...

    IMF chief sees steady world growth in 2025, continuing disinflation

    IMF chief sees steady world growth in 2025, continuing disinflation

    11 Jan 2025

    The International Monetary Fund will forecast steady global growth and continuing disinflation when it releases an updated World Economic Outlook on Jan. 17, IMF Managing Director Kristalina Georgieva told reporters.Georgieva...

    Strong economic data raises prospect of yields surging further

    Strong economic data raises prospect of yields surging further

    11 Jan 2025

    A recent surge in US Treasury yields may gain even more momentum after a strong jobs report reinforced expectations that interest rates will stay high for longer and raised the...

    Global stocks wobble ahead of US jobs data; bonds in the spotlight

    Global stocks wobble ahead of US jobs data; bonds in the spotlight

    10 Jan 2025

    Global stocks were under pressure on Friday ahead of a US jobs report later on that could exacerbate or ease the sell-off in the global bond market, while the pound...

    Global stock markets mostly end in green on US optimism

    Global stock markets mostly end in green on US optimism

    07 Jan 2025

    European and Asian stock markets mostly rose Tuesday following another tech rally on Wall Street.Traders also assessed tariff plans of incoming US president Donald Trump following a report he may...

    US trade deficit widens in November as imports jump

    US trade deficit widens in November as imports jump

    07 Jan 2025

    The US trade gap widened in November according to government data released on Tuesday, as imports rose faster than exports ahead of President-elect Donald Trump’s return to the White House.With...

    Nippon, US Steel file suit against Biden team after $15b deal scuttled

    Nippon, US Steel file suit against Biden team after $15b deal scuttled

    06 Jan 2025

    Nippon Steel and US Steel filed a federal lawsuit challenging a Biden administration decision to block Nippon’s proposed $15 billion acquisition of the Pittsburgh company and said that the head...

    China’s yuan briefly hits weakest against dollar since Nov 2023

    China’s yuan briefly hits weakest against dollar since Nov 2023

    05 Jan 2025

    China’s yuan hit a 14-month nadir on the first trading day of 2025, but it quickly bounced from lows of 7.31 per dollar, which traders say could reflect authorities’ desire...

    US central bank’s job on taming surging inflation is not yet done

    US central bank’s job on taming surging inflation is not yet done

    05 Jan 2025

    Two Federal Reserve policymakers said they feel the US central bank’s job on taming inflation is not yet done, but also signaled they do not want to risk damaging the...

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