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Economy

Economy

IMF urges Turkey to avoid repeat of bumper minimum wage hike

By Karin Strohecker WASHINGTON (Reuters) – Turkey should avoid a repeat of its last inflation-fuelling minimum wage hike when the next raise…
Economy

Strategas explains why this is ‘the most investable election of our lifetimes’

Investing.com — With just two weeks remaining before the U.S. election, analysts at Strategas have dubbed it “the most investable election of our…
Economy

Factbox-Brokerages raise China GDP growth estimates for 2024

(Reuters) – China’s economy grew 4.6% in July-September, official data showed, its slowest pace since early 2023 and below the 4.7% pace…
Economy

Bank of Israel voted 5-0 to hold rates at October decision, minutes show

JERUSALEM (Reuters) – All five members of the Bank of Israel’s monetary policy committee voted on Oct. 9 to leave the benchmark…
Economy

UK commits to regulator’s proposals to improve housebuilding

LONDON (Reuters) – Britain’s new Labour government said on Tuesday it had accepted proposals from the country’s competition watchdog to improve the…
Economy

Argentina’s beleaguered economy set to rebound in 2025: Reuters poll

By Gabriel Burin BUENOS AIRES (Reuters) – Argentina’s beleaguered economy is set to rebound in 2025 after two years of recession as…
Economy

Futures mixed, earnings ahead this week – what’s moving markets

Investing.com — US stock futures were broadly mixed on Monday after the benchmark S&P 500 and 30-stock Dow Jones Industrial Average both logged…
Economy

ECB’s Simkus says rates may need to go below ‘natural’ level

VILNIUS (Reuters) – The European Central Bank is likely to cut its key interest rate down to its “natural” level between 2%…
Economy

China central bank conducts first operations under swap facility to bolster stock market

SHANGHAI (Reuters) -China’s central bank conducted its first operations on Monday under a swap facility designed to bolster the stock market, exchanging…
Economy

ECB’s Kazimir: increasingly confident in disinflation path

FRANKFURT (Reuters) – Euro zone inflation is increasingly likely to return to target next year but a bit more evidence is needed…
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