The US Treasury Department's chief of staff is anticipated to join the International Monetary Fund (IMF) in a key role as its number-two official, a source told AFP Wednesday.
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Fed Expected to Cut Rates, Update Views of Trump Economic Plan
The most politically charged U.S. Federal Reserve meeting in years wraps up Wednesday with broad expectations for a quarter-percentage-point interest rate cut that might spark dissents from some policymakers who feel it is too small and too late.
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Sticky UK inflation unlikely to move the needle for Bank of England
The Bank of England is watching inflation data closely after forecasting the consumer price index could peak at 4% in September.
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Realtor Survey: US Housing Market Stuck in a Rut
The United States' sluggish housing market will remain weak through next year as high mortgage rates stifle demand with only a modest rebound expected in 2027, a Reuters survey of property experts showed.
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US Retail Sales Beat Expectations in August
U.S. retail sales increased more than expected in August, but momentum could ease amid labor market weakness and rising goods prices because of tariffs on imports.
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Fed Avoids Shock to Independence for Now
The U.S. central bank opens a two-day policy meeting Tuesday having skirted, for now, a first-ever effort by the U.S. President to remove a sitting Fed governor, but still facing unprecedented pressure from the White House to bring monetary policy more under the direct...
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