Fed Keeps Rates Steady As Interest Cut Dreams Slip Away
The Federal Reserve announced on Wednesday that it would not change its benchmark federal funds rate as inflation continues to remain elevated. The Fed’s decision …
steady
US consumer confidence steady in March; inflation expectations creep up
WASHINGTON (Reuters) – U.S. consumer confidence was little changed in March as fading fears of a recession took a backseat to growing concerns about the …
Japan’s corporate service inflation steady at nearly 9-year high in December
TOKYO (Reuters) – Japan’s annual business-to-business service inflation hit 2.4% in December to match the previous month’s nearly nine-year high, data showed, suggesting companies were …
Crown Castle beats annual site rental revenue estimate on steady demand
(Reuters) – Wireless tower operator Crown Castle beat Wall Street estimates for annual site rental revenue on Wednesday, driven by steady demand for its communications …
Hong Kong’s Oct-Dec unemployment holds steady at 2.9%
HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate stood at 2.9% in October-December, unchanged from the previous three-month period, the government said on …
Australia employment dives 65,100 in Dec, jobless steady
SYDNEY (Reuters) – Australian employment fell sharply in December after two months of surprisingly strong growth, while the jobless rate held steady as fewer people …
Japan Dec CPI likely hit 18-month low, fuelling steady view on BOJ: Reuters poll
By Kantaro Komiya TOKYO (Reuters) – Japan’s consumer inflation rate likely decelerated in December for a second month in a row to hit the lowest …
Japan corporate service inflation steady in November
TOKYO (Reuters) – Japan’s business-to-business service inflation was steady at 2.3% in November, data showed on Tuesday, suggesting companies were gradually passing on rising labour …
Dollarama lifts sales forecast on steady demand for discounted goods
(Reuters) -Dollarama lifted its annual sales forecast on Wednesday, encouraged by strong demand for its household essentials and groceries as inflation-hit consumers turned to discount …
Pakistan cenbank to hold rates steady as inflation seen easing- Reuters poll
By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank is expected to hold its key rate steady at a fourth straight policy meeting on Tuesday, …
Traders bet Fed will hold rates steady, start cuts in May
(Reuters) – Traders on Thursday maintained bets the Federal Reserve will hold interest rates steady for three more meetings before starting to cut interest rates, …
Nigeria Q3 growth steady at about 2.5% as oil sector contraction slows
By Chijioke Ohuocha ABUJA (Reuters) -Nigeria’s economy grew by 2.54% in the third quarter, largely steady from the 2.51% in the second quarter, data showed …
U.S. business activity steady in November – S&P Global survey
By Lucia Mutikani WASHINGTON (Reuters) – U.S. business activity held steady in November, but employment in the private sector declined for the first time in …
Swedish Riksbank holds rates steady, threatened hike in 2024 seen unlikely
By Simon Johnson STOCKHOLM (Reuters) -Sweden’s central bank kept its policy rate on hold at 4.00% on Thursday and said it was ready to hike …
Exclusive-China govt advisers call for steady growth target in 2024, more stimulus
By Kevin Yao BEIJING (Reuters) – Chinese government advisers will recommend economic growth targets for next year ranging from 4.5% to 5.5% to an annual …
Marketmind: China seen steady as she goes on rates
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. China’s latest interest rate decision …
Mexican central bank keeps interest rate steady, softens language
MEXICO CITY (Reuters) -The Bank of Mexico held its benchmark interest at 11.25% on Thursday as expected, underscoring it will likely maintain the reference rate …
Good News for New Jersey Retailers as Holiday Shopping to Hold Steady in 2023
WASHINGTON, D.C. — American holiday spending predictions hold steady at $923, mirroring last year’s estimates. Gallup’s recent survey indicates Americans expect to spend an average …
Condom maker Church & Dwight lifts sales forecast again on steady demand, higher prices
(Reuters) – Church & Dwight lifted its annual net sales forecast for a third time this year on Friday, boosted by high prices as well …
Sensor maker TE Connectivity beats profit target on steady demand from EV makers
(Reuters) – TE Connectivity beat Wall Street expectations for fourth-quarter profit on Wednesday as demand for its sensor technology was buoyed by steady sales of …
Caesars Entertainment beats Q3 profit estimates on steady demand in Las Vegas casinos
(Reuters) – Caesars Entertainment beat third-quarter profit estimates on Tuesday, as steady demand in Las Vegas casinos helped boost revenue. Discretionary consumer spending has been …
Planemakers bet on steady demand for business jets, but Wall Street wary
By Mehr Bedi (Reuters) – Planemakers are betting on steady demand for business jets as the world’s largest corporate aircraft show kicks off on Tuesday, …
Honeywell sees steady demand for business jets over the next decade
By Shivansh Tiwary (Reuters) – Global demand for new business jets is expected to stay strong over the next decade, Honeywell said on Sunday, as …
India central bank keeps key rate steady; signals tight liquidity
(Reuters) -The Reserve Bank of India’s key lending rate was held steady at a fourth consecutive policy meeting on Friday, as widely expected, but signalled …
India cenbank seen holding rates steady Friday but striking hawkish tone
By Swati Bhat MUMBAI (Reuters) – India’s monetary policy committee is widely expected to keep key rates on hold when it announces its decision on …
Bank Indonesia official signals steady rates as authorities try to calm markets
By Stefanno Sulaiman JAKARTA (Reuters) – Bank Indonesia could maintain price stability with past rate hikes, a deputy governor said on Wednesday, signalling policy rates …
Russian rouble firms against euro, steady vs dollar
(Reuters) – The rouble firmed against the euro on Monday while trading little changed against the dollar, in a week when companies’ need for roubles …
Fed to hold rates steady, but signal policy path in meeting this week
By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve kicks off a two-day policy meeting on Tuesday with officials widely expected to keep interest …
China’s central bank set to boost liquidity but keep policy rate steady
SHANGHAI (Reuters) – China’s central bank is expected to boost liquidity while keeping the borrowing cost steady when rolling over its medium-term policy loans on …
King Charles marks his first year on the throne, cautious but steady
By Michael Holden LONDON (Reuters) – King Charles has trodden a cautious but successful path in his first year on the British throne, friends and …
Fed expected to hold interest rates steady next month
(Reuters) – Traders kept bets the Federal Reserve will leave its benchmark interest rate in its current range of 5.25%-5.5% next month after data Thursday …
Philippines central bank keeps rates steady, but ready to resume hikes if needed
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) -The Philippine central bank left its benchmark interest rate steady at 6.25% for a third …
Argentine peso steady after devaluation as central bank tightens control
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s peso was flat on Tuesday at 350 per dollar after the central bank guided a sharp devaluation …
Futures slip as yields steady ahead of July retail sales data
(Reuters) – U.S. stock index futures slipped on Tuesday as government bond yields held on to recent highs ahead of retail sales data for July …
India rate panel to dial up hawkishness even as it holds policy steady
By Swati Bhat MUMBAI (Reuters) – India’s monetary policy committee (MPC) is expected to maintain key rates when it meets on Thursday, but will adopt …
Clorox forecasts strong annual profit on higher prices, steady demand
By Ananya Mariam Rajesh and Kailyn Rhone (Reuters) – Clorox on Wednesday forecast annual profit above Wall Street estimates after fourth-quarter results beat expectations, boosted …
Church & Dwight lifts annual targets on higher prices, steady demand
(Reuters) – Church & Dwight raised its annual sales and profit forecasts on Friday, betting on higher prices and steady demand for its household and …
Brazil’s public sector gross debt steady at 73.6% of GDP in June
BRASILIA (Reuters) – Brazil’s public sector debt remained stable at 73.6% of its gross domestic product (GDP) in June despite a significant negative primary result …
Moody’s beats revenue estimates on steady demand for analytics services
(Reuters) – Moody’s Corporation beat Wall Street estimates for second-quarter revenue on Tuesday, helped by steady demand from investors for its data, analytics and research …
Kimberly-Clark lifts annual forecasts on price hikes, steady demand
(Reuters) – Kimberly-Clark Corp raised its full-year sales and profit forecasts on Tuesday, as the maker of Kleenex tissues and KleenGuard benefits from price increases …
South32 takes $1.3 billion hit against Hermosa; Q4 output steady
By Navya Mittal and Rishav Chatterjee (Reuters) -Australian diversified miner South32 on Monday said it will take an about $1.3 billion one-off charge in fiscal …
Apple aims to keep iPhone shipments steady – Bloomberg News
(Reuters) – Apple is asking suppliers to produce about 85 million units of the iPhone 15 this year, roughly in line with the year before, …
US banks’ reserves steady, assuaging liquidity drainage fears
By Davide Barbuscia NEW YORK (Reuters) – A feared liquidity drainage in the U.S. banking system as the Treasury refills its coffers has not materialised …
BOJ leaning towards keeping yield control steady next week – sources
By Leika Kihara and Takahiko Wada TOKYO (Reuters) -The Bank of Japan is leaning towards keeping its yield control policy unchanged at next week’s meeting, …
Taiwan ruling party pledges steady hand as opposition rallies
By Ben Blanchard TAIPEI (Reuters) – The front-runner to be Taiwan’s next president pledged on Sunday to be a steady hand who would keep the …
Atlanta Fed’s Bostic: Rates should stay steady from here
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve should not raise interest rates further or it would risk “needlessly” sapping the strength of the …
Russian Soldiers Have A Steady Supply Of US-Made Sniper Ammo Despite Sanctions
Russian Soldiers Have A Steady Supply Of US-Made Sniper Ammo Despite Sanctions Micaela Burrow on June 19, 2023 Russian weapons companies are supplying soldiers with …
Brazil central bank to keep rates steady on June 21, cuts coming soon: Reuters poll
By Luana Maria Benedito and Gabriel Burin SAO PAULO/BUENOS AIRES (Reuters) – Brazil’s central bank is set to keep its key interest rate unchanged on …
Taiwan set to hold rates steady as inflationary pressure eases, exports remain weak: Reuters poll
TAIPEI (Reuters) – Taiwan’s central bank is expected to leave its policy rate unchanged this week, according to most economists polled by Reuters, as inflationary …
Marketmind: China to hold rates steady, markets digest G7
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The People’s Bank of China is expected to …