Expectations of new tariffs in 2025 prompts Wells Fargo to cut US growth forecast
-- The increased likelihood of new tariffs in 2025 has led Wells Fargo (NYSE:WFC) to cut its US economic growth forecast for the year. The bank now projects real...
-- The increased likelihood of new tariffs in 2025 has led Wells Fargo (NYSE:WFC) to cut its US economic growth forecast for the year. The bank now projects real...
By John Revill BERN (Reuters) -The Swiss National Bank cut its interest rate by 50 basis points on Thursday, its biggest reduction in almost 10 years, responding to weaker than...
NEW DELHI (Reuters) -India's industrial output rose to a three-month high of 3.5% year-on-year in October, helped by a pickup in consumer durables and garment manufacturing during...
By Joshua McElwee VATICAN CITY (Reuters) -Pope Francis called on Thursday for new international agreements to reduce the debt burden faced by low-income countries and a shift in...
- The US dollar has been one of the main beneficiaries of the events of this year, but BCA sees the greenback peaking in 2025, weighed by coordinated policies to...
- The US dollar slipped slightly Thursday on growing expectations of another rate cut by the Federal Reserve next week, while the euro edged higher ahead of the...
The Swiss franc fell sharply following an unexpected interest rate cut by the central bank. The currency fell to its weakest level in over two weeks, reaching 0.9344 per euro. The...
UBS expressed a positive outlook on the British pound (GBP), Australian dollar (AUD), and Swiss franc (CHF) within the G10 currency group. The financial services firm cited high...
UBS shared insights on the Euro's potential trajectory, emphasizing the significance of upcoming economic indicators over the European Central Bank (ECB) meeting held earlier this...
By Maria Martinez BERLIN (Reuters) - Germany will grow by only 0.4% next year if it fails to overcome structural challenges but can achieve 1.1% growth if the right economic...