Exclusive-Uruguay central bank chief: rate cut likely in October as inflation cools
By Lucinda Elliott MONTEVIDEO (Reuters) – Uruguay’s central bank is likely to cut its benchmark interest rate again at its next monetary policy meeting in October as inflation has fallen to a…
Jobs Market Cools Following Unexpectedly High Economic Growth
Jobs Market Cools Following Unexpectedly High Economic Growth Will Kessler on August 4, 2023 The U.S. added 187,000 jobs in July, less than economists expected, as the unemployment rate fell to 3.5%,…
Marketmind: August cools Wall St stocks
A look at the day ahead in U.S. and global markets from Mike Dolan After notching a fifth straight month of gains for July, Wall St stocks looked set to step back…
UK jobs market cools again, pay growth weakest since April 2021: REC
LONDON (Reuters) – Pay pressures in Britain’s labour market cooled further in June, according to a survey of recruiters published on Monday that could help ease some of the Bank of England’s…
Analysis-Erdogan election showing cools Turkish turnaround hopes
By Marc Jones LONDON (Reuters) – Hopes among investors of a surge in Turkish markets evaporated on Monday after long-standing President Tayyip Erdogan took a commanding position in Turkey’s elections. The combative…
Marketmind: Amazon cools, Intel warms, Japan hesitates
A look at the day ahead in U.S. and global markets from Mike Dolan After mega tech earnings inspired the best day for Wall St stocks in almost 4 months, online retail…
Borrowing from key Fed lending facilities cools a bit in latest week
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve lending to financial institutions eased modestly in the latest week, central bank data showed on Thursday, in a sign that financial sector…
Inflation, Still Sky-High, Slightly Cools As Fed Weighs More Rate Hikes
Inflation, Still Sky-High, Slightly Cools As Fed Weighs More Rate Hikes John Hugh DeMastri on March 14, 2023 Prices grew 0.4% on a monthly basis in February, falling slightly from January, the…
U.S. house price inflation cools further in December
WASHINGTON (Reuters) – U.S. single-family home prices in December increased at their slowest pace since the summer of 2020, surveys showed on Tuesday, but tight supply could limit an anticipated decline in…
Nov U.S. CPI cools down, spelling relief for markets
NEW YORK (Reuters) – U.S consumer prices barely rose in November amid declines in the cost of gasoline and used cars, leading to the smallest annual increase in inflation in nearly a…
India Nov factory activity hits 3-month high as inflation cools
By Anant Chandak BENGALURU (Reuters) – India’s factory activity expanded at its fastest pace in three months in November, a private survey showed on Thursday, signalling resilient demand despite deteriorating global economic…
Bundesbank warns banks against ‘careless’ payout pledges as economy cools
By Francesco Canepa and Frank Siebelt FRANKFURT (Reuters) – German banks should avoid making multi-year promises to their shareholders despite bumper profits this year as the outlook for the economy is worsening,…
Australian banks ease mortgage norms as property market cools
By Lewis Jackson and Byron Kaye SYDNEY (Reuters) -Two of Australia’s top banks have quietly relaxed some home lending standards, banking and mortgage-broking sources said, despite authorities urging prudence in recent months…
Australia’s top banks eye payments firm Tyro as housing market cools
By Shashwat Awasthi and Byron Kaye (Reuters) -Three of Australia’s biggest banks are considering a bid for payment terminals firm Tyro, underscoring the importance of new revenue streams as rising interest rates…
Brazil’s economy seen in soft landing as private spending cools – Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy is undergoing a soft landing as consumers tighten their purse strings to cope with high indebtedness on post-pandemic purchases and increasing financial costs,…
As the weather cools, Lacey Moose Lodge donates blankets, $1,000 to Popcorn Park
The animals at Popcorn Park will have a much more comfortable and enjoyable winter after members of the Lacey Moose Lodge donated a van full of blankets and $1,000 to the 45-year-old…
Citigroup makes small cuts in mortgage workforce as housing market cools
(Reuters) – Citigroup Inc on Friday said it has slightly trimmed its mortgage workforce, due to an internal streamlining of functions. Less than 100 positions were affected, according to Bloomberg News, which…
Real estate brokers Compass, Redfin to cut jobs as housing market cools
(Reuters) – Real estate brokers Compass Inc and Redfin Corp said on Tuesday they will cut jobs as rising mortgage rates and the prospect of aggressive rate hikes eat into homebuying demand.…
Toronto new condo demand cools but prices seen firm as developers delay launches
By Nichola Saminather TORONTO – Demand for pre-construction condominiums across Toronto has started to soften with rising interest rates, but market- watchers say developers are unlikely to cut prices with margins already…
Third Point’s Loeb turns back on Disney, cools on Amazon in first quarter
By Svea Herbst-Bayliss BOSTON – Third Point liquidated its position in Walt Disney Co during the first quarter, two years after the hedge fund first invested and began urging the media company…
As property market cools, New Zealand’s recent home buyers tighten belts
By Lucy Craymer WELLINGTON – When Aarti and Gaurav Kathuria were saving for their first home, a three-bedroom townhouse in Auckland, they cut back on eating out and other expenses so they…
As weather cools, Baltimore Police issue warning to residents who want to let in the fresh air
BALTIMORE, MD – As the weather cools and Baltimore residents, like many across America battle rising energy costs, many people want to just open the windows and let Mother Nature do her…
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