(Reuters) – Grayscale Bitcoin Trust, the world’s largest bitcoin fund, fell almost 7% on Wednesday, as investors dumped more digital assets after last week’s high-profile unraveling[...]
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Articles
NY Fed: Consumer debt rises in third quarter on strong demand, high inflation
(This Nov. 15 story has been corrected to say “third quarter”, not “fourth quarter” in first paragraph) By Michael S. Derby (Reuters) – Americans continued to take on deb[...]
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BoE could deepen UK recession if it raises rates further – Dhingra
LONDON (Reuters) – The Bank of England’s newest interest rate-setter Swati Dhingra said on Wednesday that the British central bank could deepen an expected recession if its pushes up borro[...]
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Cash-strapped Britons target ‘reduced to clear’ food, says Tesco
LONDON (Reuters) – Britain’s worsening cost-of-living crunch has led to a sharp rise in the number of shoppers looking for “reduced to clear” food, Tesco, Britain’s bigge[...]
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U.S. import prices fall further in October
WASHINGTON (Reuters) – U.S. import prices dropped for a fourth straight month in October, weighed down by declining costs for petroleum products and a strong dollar, the latest indication that i[...]
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Canada’s annual inflation rate holds steady at 6.9% on gas prices
OTTAWA (Reuters) -Canada’s annual inflation rate held steady at 6.9% in October, matching analyst forecasts, as higher gasoline prices and mortgage interest costs offset a slight easing of food[...]
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ECB doves make case for increased caution in policy tightening
By Stefano Bernabei and Jesús Aguado ROME/MADRID (Reuters) -The European Central Bank must continue to raise interest rates but there is a growing case for increased caution in policy tightening after[...]
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Canadian housing starts fall 11% in October -CMHC
TORONTO (Reuters) – Canadian housing starts fell 11% in October, pulling back from the highest level in 2022 the month before, as groundbreaking decreased on multiple unit and single-family deta[...]
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ECB has room to raise rates further but should proceed with caution, De Cos says
MADRID (Reuters) – The European Central Bank still has some way to go in tightening policy but should proceed with caution and calculate with a greater chance of a recession, policymaker Pablo H[...]
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Trade in European bond markets held up well in turbulent year – officials
By Dhara Ranasinghe BRUSSELS (Reuters) – High inflation and aggressive central bank rate hikes have created challenging conditions for government bond markets, but the ease of doing trade has he[...]
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