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Economy

Economy

Bank of Israel to hold rates this week but cut possible in February – Reuters Poll

By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel is expected to leave short-term interest rates unchanged for an eighth straight…
Economy

Massive winter storm to clobber U.S. from Plains to East Coast

By Rich McKay (Reuters) – Millions of Americans from the Plains to the East Coast faced the threat of blizzards, heavy snow,…
Economy

Wolfe lists 10 key policy and political questions for 2025

Investing.com — Wolfe Research has identified ten critical policy and political questions that will shape the United States in 2025, as the…
Economy

Microsoft plans to spend $80 billion on AI-enabled data centers in fiscal 2025

(Reuters) -Microsoft is planning to spend $80 billion in fiscal 2025 on the construction of data centers to train artificial intelligence (AI)…
Economy

Fed’s Barkin sees positive outlook for U.S. economy despite policy uncertainties

Investing.com — The U.S. economy is expected to grow more than it shrinks in 2025, despite uncertainties about the impact of trade…
Economy

Fed policy may need to stay restrictive for longer due to inflation risk, Barkin says

By Howard Schneider BALTIMORE (Reuters) -The U.S. central bank’s benchmark policy rate should stay restrictive until it is more certain that inflation…
Economy

Fed’s Kugler says data will drive Fed policy choices amid uncertainty

By Michael S. Derby (Reuters) – Federal Reserve Governor Adriana Kugler said on Friday the U.S. central bank is uncertain about what…
Economy

Hong Kong budget deficit to be just under HK$100 billion, financial chief says

HONG KONG (Reuters) – Hong Kong’s deficit for this fiscal year is expected to be just below HK$100 billion ($13 billion), the…
Economy

Turkey inflation drop hints at further rate cut to 45.0%- economist

Investing.com — Turkey experienced a larger-than-expected decrease in inflation last month, falling to 44.4% from 47.1% in November. The inflation decline was…
Economy

Britain vows – again – to reform social care, but no plan until 2028

LONDON (Reuters) – Britain’s latest plan to overhaul increasingly costly care for older and disabled adults will not be delivered until 2028…
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