US Fed's Powell does not see Trump installing 'shadow' chair
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Chair Jerome Powell said on Wednesday he is not worried the incoming administration will undermine him as U.S. central...
Fed can take cautious approach to rate cuts amid economic strength: Powell
-- Federal Reserve Chair Jerome Powell said the Fed can take a "little more cautious" approach in cutting rates toward neutral as the economy remains in good...
West Africa central bank keeps policy rate at 3.50%
DAKAR (Reuters) - West Africa's central bank, the BCEAO, kept its main lending rate unchanged at 3.50% in a decision announced in a statement on Wednesday.
Analyst lists key questions for China in 2025
-- Forecasting China’s economic trajectory is never straightforward, but ING analysts laid out ten pivotal questions to watch in 2025. These questions span growth...
BlackRock Investment Institute goes further 'overweight' on U.S. equities
(Reuters) - The BlackRock (NYSE:BLK) Investment Institute (BII) said on Wednesday that it had gone further "overweight" on U.S. equities as greater adoption of AI unlocks buying...
France's Le Pen says she would support a budget rollover emergency law
PARIS (Reuters) - French far-right leader Marine Le Pen said on Wednesday her National Rally (RN) party would support an emergency law that rolls over the 2024 budget's...
Irish corporate tax revenues up 59% in year to end-November on Apple tax
DUBLIN (Reuters) -Irish corporate tax receipts were up 59% in the first 11 months of the year, lifted by a portion of a 14 billion euro Apple (NASDAQ:AAPL) back-tax windfall that...
Mexico announces 12% boost to minimum wage to combat poverty
MEXICO CITY (Reuters) - Mexico's government announced on Wednesday that it will raise the minimum wage by 12% starting next year in a bid to help the poorest workers, as the new...
Macron aims to install new French PM quickly if government falls, sources say
By Elizabeth Pineau and Michel Rose PARIS (Reuters) - French President Emmanuel Macron aims to install a new prime minister quickly if his government falls on Wednesday, three...
Fed's Musalem expects more rate cuts, keeping options open on December meeting
By Michael S. Derby NEW YORK (Reuters) - St. Louis Federal Reserve President Alberto Musalem said on Wednesday he expects the U.S. central bank will be able to continue to cut...