(Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic on Wednesday said that with inflation down farther and the unemployment rate up more than he anticipated, it may be “time to m[...]
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August 28, 2024
Wall Street ends down; investors brace for Nvidia report
By Noel Randewich and Johann M Cherian (Reuters) -U.S. stocks fell on Wednesday ahead of a quarterly report from Nvidia, Wall Street’s centerpiece event of the week that could shatter or add fre[...]
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Galipolo, picked to run Brazil’s central bank, is heterodox economist
By Marcela Ayres BRASILIA (Reuters) – Gabriel Galipolo, picked to be the next head of Brazil’s central bank, is a 42-year-old economist who has not always expressed mainstream orthodox eco[...]
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Morning Bid: Nvidia waiting game over, caution descends
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Hold on to your hats, or prepare for lift off? In the end, the much-anticipated release of Nvidia’s second quarter r[...]
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Stocks fall, Nvidia down 3% after the bell despite strong earnings
By Chibuike Oguh and Lawrence White NEW YORK/LONDON (Reuters) -Global equity markets eased while the U.S. dollar rebounded on Wednesday, and then chipmaker Nvidia’s better-than-expected results[...]
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Brazil’s Lula to nominate Galipolo as central bank chief, says finance minister
By Marcela Ayres BRASILIA/SAO PAULO (Reuters) – Brazil’s President Luiz Inacio Lula da Silva has picked central bank monetary policy director Gabriel Galipolo to be the institution’s[...]
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Toronto market falls for second day as investors book profits
By Fergal Smith (Reuters) – Canada’s main stock index extended its pullback from a record high on Wednesday, as profit-taking in most sectors of the market offset gains for financials afte[...]
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Mexico central bank shrinks 2024 GDP growth forecast to 1.5%
By Sarah Morland MEXICO CITY (Reuters) -The Bank of Mexico cut its forecast for economic growth this year and next, according to the central bank’s quarterly report on Wednesday, citing weaker f[...]
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US dollar advances on month-end demand; focus on economic data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar gained on Wednesday due to month-end buying and technical factors after recent declines that pushed it to its weakest in more than a yea[...]
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