By Lucia Mutikani WASHINGTON (Reuters) - U.S. prices fell in November for the first in more than 3-1/2 years, pushing the annual increase in inflation further below 3%, and boosting financial market expectations of an interest rate cut from the Federal Reserve next...
Category
Business
S&P 500 ends higher ahead of long holiday weekend
By Stephen Culp NEW YORK (Reuters) -U.S. stocks gyrated to a mixed close on Friday as investors headed into the Christmas holiday weekend, having digested cooler-than-expected inflation data which firmed bets for Federal Reserve interest rate cuts in the new year. All...
Global regulators make tackling non-bank leverage a priority for 2024
By Huw Jones LONDON (Reuters) - Tackling hidden leverage across the multi-trillion dollar "shadow banking" sector is next year's priority, global financial regulators said on Wednesday, but the challenge of accessing data could hamper the process. The G20's Financial...