News Highlights: Top Global Markets News of the Day - Tuesday at 5 AM ET
China Moves to Jolt Ailing Economy
China's central bank announced an unusually broad package that signals growing unease in Beijing after a run of downbeat numbers on jobs, spending and inflation.
BOJ Governor's Cautious Comments Damp Speculation of October Hike
Kazuo Ueda dampened speculation over another interest rate hike in October after he said the Japanese central bank can wait to act until uncertainties over the economic outlook clear.
BOE's Bailey Sees Key Interest Rate On Gradual Downward Path
The Bank of England is likely to continue to cut its key interest rate, but is not in a rush to do so, Governor Andrew Bailey said in an interview published Tuesday.
Australia's Central Bank Defies Global Trend
The Reserve Bank of Australia kept interest rates steady, deepening a split with global counterparts including the Federal Reserve that are loosening policy as they grow increasingly confident that inflation is under control.
German Recession Angst Mounts as Companies Grow More Pessimistic
German companies are feeling ever less confident, adding to concerns that a moribund manufacturing sector could pull Europe's most important economy back into recession.
Trump Issues Fresh Trade Threats, Targeting Deere
The Republican presidential nominee called for a 200% tariff on goods made in Mexico that were previously made in the U.S.
Treasuries Have Been Volatile. The Election Could Keep It That Way.
The Fed's rate cuts should help calm government-debt markets, but Nov. could bring it roaring back.
Political Betting Markets Face an Uncertain Future, Even as Their Influence Grows
The future of online prediction exchanges appears to rest in the hands of an appellate court. A decision could come any day.
Argentina Scrapped Its Rent Controls. Now the Market Is Thriving.
Landlords in Buenos Aires are rushing to put properties back on the market, and many renters are getting better deals after the country's new president scrapped rental laws, along with most government price controls.
Childcare Is Key to a Healthy Jobs Market: Kashkari
The Minneapolis Federal Reserve Bank president also discussed the central bank's recent rate cut and the path forward.
(END) Dow Jones Newswires
September 24, 2024 05:15 ET (09:15 GMT)
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