ECB should not rush rate cuts, Nagel says
FRANKFURT (Reuters) – The European Central Bank should not rush to lower interest rates because inflation remains high and uncertainty great, ECB policymaker Joachim Nagel said in an interview published on Friday. The Bundesbank president also told German financial newsletter Platow
Analysis-Corporate hedging to save debt costs may have worsened 10yr sell-off
By Shankar Ramakrishnan and Davide Barbuscia (Reuters) – A sell-off in U.S. Treasury markets in recent weeks was likely made worse by corporate plans to borrow nearly $190 billion in the bond market this month, bankers and analysts said, highlighting a
Futures edge higher with all eyes on Trump inauguration
(Reuters) – U.S. stock index futures edged up on Friday, with the S&P 500 and the Dow looking set to log their biggest weekly advances since November, while investors awaited a wave of policy changes under the incoming Trump administration. At
Factbox-US stock performance on dates of presidential inaugurations
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors will closely monitor stock markets on Tuesday, the day after Donald Trump is inaugurated for his second term in the White House, to see if U.S. equities can continue their recent trend
Displaced Los Angeles homeowners face price gouging after wildfires
By Dawn Chmielewski LOS ANGELES (Reuters) – Jay Gilberg bought a five-bedroom, 4,800-square-foot (446-sq-meter) home in the Los Angeles neighborhood of Pacific Palisades in June to merge two households, bringing his two daughters, his girlfriend, and her teenager together under one