US consumers see smaller inflation gains ahead, New York Fed says
By Michael S. Derby (Reuters) – U.S. consumers’ projection of inflation over the short run fell to the lowest level in nearly three years in December, the New York Federal Reserve said…
Fed’s Mester says she supports smaller rate hike in December
(Reuters) -The Federal Reserve can downshift to smaller interest rate hike increments from next month as it fine-tunes its policy actions to help bring down high inflation while keeping the economy humming,…
ECB’s Centeno sees possibility of rate hike smaller than 75 bps
LISBON (Reuters) -The next increase in interest rates by the European Central Bank could be smaller than the record 75 basis-point-hikes decided at its last two meetings, policymaker Mario Centeno said on…
ECB’s Lane makes case for smaller rate hikes ahead – MNI
FRANKFURT (Reuters) -The European Central Bank will raise interest rates again in December and next year to fight inflation but those increases may well be smaller than the most recent ones, the…
Australia central bank stuck with smaller hike as wary of falling house prices
Australia’s central bank expects to raise interest rates further over the period ahead but stuck with a smaller hike this month partly due to concerns of falling housing prices hurting consumer spending…
Bond investors like short maturities, on guard even as smaller Fed hikes loom
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Many bond investors are playing it safe on the short end of the yield curve, even as Federal Reserve officials have started to float the…
Canada’s growth slows in the summer as a smaller rate hike eyed
By Julie Gordon OTTAWA (Reuters) -Canada’s economy grew slightly more than expected in August and most likely stayed in positive territory through the summer, official data showed on Friday, a result that…
Brazilian airline Gol posts smaller Q3 net loss on record revenue; shares jump
By Gabriel Araujo SAO PAULO (Reuters) -Brazilian airline Gol on Thursday reported a narrower third-quarter net loss on a yearly basis even as it was heavily hit by currency swings in the…
China’s smaller banks cut deposit rates to ease margin pressure
BEIJING/SHANGHAI (Reuters) – A string of small and mid-sized Chinese banks are following their larger peers and cutting deposit interest rates in the first broad-based move since 2015 to ease pressure on…
Fed’s Bostic backs 75-basis-point hike in November, smaller rise in December
By Howard Schneider WASHINGTON (Reuters) – The lack of clear progress on inflation means the Federal Reserve needs “moderately restrictive” interest rates that should reach a level between 4.25% and 4.50% by…
Moscow’s military reserves may be smaller than initially assumed – German defence minister
By Sabine Siebold and Sarah Marsh BERLIN (Reuters) – Russia has suffered significant troop and equipment losses in Ukraine and the impact of Kyiv’s latest counter-offensive may reveal Moscow’s military reserves to…
U.S. starts enrollments in trial testing smaller dosage of monkeypox vaccine
(Reuters) – The National Institutes of Health said on Thursday it had started enrollments in a trial testing an alternative method of administering Bavarian Nordic’s monkeypox vaccine, Jynneos, which requires smaller dosages.…
Smaller EU telcos say network fee aimed at Big Tech will hurt competition
By Foo Yun Chee BRUSSELS (Reuters) – EU regulators’ plan to make Alphabet’s Google, Meta and Netflix bear some of the costs of the bloc’s telecoms network would distort the telecoms market…
China to accelerate disposal of smaller banks’ bad loans
BEIJING – China may start a pilot program in six provinces to further speed up the disposal of bad loans by local small- and medium-sized banks, financial news media outlet 21jingji reported…
Delivery Hero eyes smaller loss as it shifts focus to profitability
(Reuters) – German online takeaway food company Delivery Hero on Friday forecast a smaller loss for the year as it shifts its focus more firmly to profitability in the improving competitive environment.…
China expedites local govt debt issuance to bolster capital of smaller banks
BEIJING – China’s banking regulator has worked with the finance ministry and central bank to accelerate the issuance of special local government bonds to help supplement the capital of small and medium-sized…
Chinese watchdog says risks in smaller banks generally under control
BEIJING – Risks in China’s medium-sized and small banks are generally under control despite some individual banks having engaged in criminal activities, the vice chairman of the country’s banking and insurance regulator…
White House looks to help smaller cities get infrastructure boost
By David Shepardson WASHINGTON – The White House and philanthropic agencies are working to make it easier for smaller cities and counties to apply for funding under a $1 trillion infrastructure law…
U.S. packaged food makers bulk up on smaller brands in quest for growth
By Praveen Paramasivam (Reuters) – Niche U.S. packaged-food brands facing a funding crunch are emerging as attractive targets for bigger players such as Kraft Heinz and Mondelez, which are looking to expand…
Volta Trucks unveils two smaller truck models for urban markets
By Nick Carey LONDON – Commercial electric vehicle (EV) startup Volta Trucks on Tuesday unveiled two smaller zero-emission truck models that will start production in 2025, opening more options for urban deliveries…
U.S. shale oil forecasts keep rising as smaller producers lead the way
By Liz Hampton – Publicly traded U.S. shale firms are not budging on production restraint vows as oil markets surge amid Russia’s invasion of Ukraine, leaving smaller producers to lead output gains…
CRYPTOVERSE: Bitcoin squeezes smaller rivals to its crown
By Medha Singh and Lisa Pauline Mattackal – Bitcoin is beginning to reassert its dominance over challengers to its cryptocurrency crown. The original digital coin was assailed by thousands of new “altcoin”…
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