Get a Grip. The Fed Can Handle the Repo Market By Bloomberg
© Reuters. Get a Grip. The Fed Can Handle the Repo Market (Bloomberg Opinion) — One of the world’s most important interest rates has had a tumultuous week. Thanks to …
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India Surprises With $20 Billion Tax Cut Stimulus; Stocks Soar By Bloomberg
India Surprises With $20 Billion Tax Cut Stimulus; Stocks Soar (Bloomberg) — India’s government escalated efforts to repair economic growth with a surprise $20 billion tax cut, taking the rate …
Read MoreNigeria Holds Key Rate as Economic Growth Remains Sluggish By Bloomberg
© Reuters. Nigeria Holds Key Rate as Economic Growth Remains Sluggish (Bloomberg) — Nigeria’s central bank held its benchmark rate for a third straight meeting as economic growth in the …
Read MorePound Rally Fizzles as Ireland Puts Dampener on Brexit Hopes By Bloomberg
© Reuters. Pound Rally Fizzles as Ireland Puts Dampener on Brexit Hopes (Bloomberg) — The pulled back from a two-month high as Ireland warned a Brexit deal is not close, …
Read MoreFed Injects Cash for Fourth Day as Funding Markets Stabilize By Bloomberg
© Reuters. Fed Injects Cash for Fourth Day as Funding Markets Stabilize (Bloomberg) — The Federal Reserve added another dose of liquidity to a vital corner of the funding markets …
Read MoreNorway Delivers Rate Hike Most Economists Weren’t Expecting By Bloomberg
(Bloomberg) — Norway’s central bank broke further away from the pack, delivering its fourth interest-rate increase in a year in an effort to cool an economy stoked by oil investments. …
Read MoreAustralian Unemployment Rises as Workforce Swells to New Record By Bloomberg
(Bloomberg) — Australia’s jobless rate unexpectedly climbed in August as the labor force swelled to a fresh record, signaling additional labor-market slack that sets the scene for further easing by …
Read MoreKrona Sinks After Swedish Jobless Data Deemed a `Catastrophe’ By Bloomberg
© Reuters. Krona Sinks After Swedish Jobless Data Deemed a `Catastrophe’ (Bloomberg) — Sweden’s unemployment rate unexpectedly spiked to a four-year high in August, raising questions around the central bank’s …
Read MoreChina’s Home-Price Growth Slows for Third Month as Curbs Bite By Bloomberg
(Bloomberg) — China home-price growth slowed for a third month in August, as an array of curbs help take the heat out of the housing market. New-home prices, excluding state-subsidized …
Read MorePBOC Drains $20.5 Billion in Bank Liquidity, Keeps Rates on Hold By Bloomberg
© Reuters. PBOC Drains $20.5 Billion in Bank Liquidity, Keeps Rates on Hold (Bloomberg) — The People’s Bank of China drained liquidity from the financial system, signaling that officials remain …
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