PARIS (Reuters) -Pavel Durov, billionaire founder and CEO of the Telegram messaging app was arrested at the Bourget airport outside Paris on Saturday evening, TF1 TV and BFM TV said,…
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By Elizabeth Piper LONDON (Reuters) – Prime Minister Keir Starmer will warn Britons next week that the changes needed to fix Britain’s many problems will take time, saying “things will…
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By Howard Schneider JACKSON HOLE, Wyoming (Reuters) -Brazil’s central bank chief said on Saturday that discussing monetary policy transmission will become increasingly difficult without addressing fiscal issues, citing the growing…
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Despite the expectation of significant rate cuts by the Federal Reserve in 2024 and 2025, analysts at Wells Fargo Investment Institute predict that the U.S. dollar will remain elevated. Analysts…
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A survey conducted by Evercore ISI showed a shift in expectations regarding the upcoming U.S. presidential election. The survey, which gathered responses from nearly 350 participants during a Macro &…
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JACKSON HOLE, Wyoming (Reuters) -The European Central Bank is making “good progress” in cutting inflation back to its 2% target but success is not yet assured, so restrictive monetary policy…
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NEW DELHI (Reuters) – The Indian government approved on Saturday a pension scheme which will guarantee federal government employees 50% of their base salary as a pension, moving away from…
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By Michael S. Derby (Reuters) – Federal Reserve holdings of mortgage bonds play a “central” role in how monetary policy affects the economy’s momentum, academics wrote in a paper to…
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By Howard Schneider JACKSON HOLE, Wyoming (Reuters) – The Federal Reserve’s credibility in the eyes of financial markets helped in its battle against inflation over the past two years, but…
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SHANGHAI (Reuters) – Two Chinese money brokers said that they will ensure anonymity in the bond quotation process, after traders said some in the market had been avoiding state banks…