Kevin Hassett Says He Wouldn't Bow to Pressure Over Cutting Interest Rates
But the favorite to be the next Fed chair said there is "plenty of room" to cut rates in the months ahead, aligning himself with Trump's repeated calls for lower borrowing costs.
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Layoffs Ticked Up in a Mostly Steady Job Market, Labor Turnover Report Suggests
The Labor Department's JOLTS survey shows rate of layoffs ticked up to 1.2% in October versus 1.1% in August.
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U.S. Leading Indicators Point to Economic Slowdown in 2026
The Leading Economic Index, published by research group The Conference Board, fell 0.3% to 98.3 in September, after a similar 0.3% decrease in August.
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Stocks Edge Up As Nvidia in Focus
Stocks edged higher, with the three major U.S. benchmarks up modestly at midday.
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U.K. Budget Measures Likely to Lower Inflation Rate, Says BOE's Lombardelli
Measures announced by the U.K. government in its budget will likely lower the annual rate of inflation, but it is not clear that interest rates will follow, Bank of England Deputy Gov. Clare Lombardelli said.
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Bank of Canada Expected to Begin Long Rate Pause With Wednesday's Decision
Most economists surveyed predict a hold in key interest rate this week and through 2026 as risks tilted to downside because of trade uncertainty.
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Silver Hits Fresh Record on U.S. Rate Cut Bets, Supply Tightness
Silver prices rallied to new highs on Tuesday, powered by confidence that the Federal Reserve will cut interest rates this week and fears of a global supply squeeze.
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China's Manufacturing Is Booming Despite Trump's Tariffs
U.S. pressure has only cemented its rival's status as the world's indispensable factory floor, sending its trade surplus above $1 trillion.
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Weekly ADP Update Suggests Private Companies Added Jobs
Private companies grew their payrolls slightly on net through much of November, human-resources firm ADP said.
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An Unusually Divided Fed Is Expected to Deliver a Rate Cut
Despite unease among voters, Chair Jerome Powell appears set to lower interest rates again and signal a higher bar to further easing.
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EU Set to Scale Back Sustainability Reporting Rules for Companies
Only the very largest companies are likely to be subject to the bloc's sustainability laws, after criticism and pressure from inside and outside.
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U.S. Small-Business Sentiment Inches Up
Confidence among small businesses in the U.S. edged up in November, with optimism boosted by higher sales expectations.
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Bank of Japan Governor Sees Little Danger of Rapid Pickup in Inflation
Things could change if food inflation or yen weakness last longer than anticipated, BOJ Gov. Kazuo Ueda said.
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German Exports Inched Up in October Despite U.S. Weakness
The result was driven by resilient demand for goods from within the EU, which offset a tariff-impacted slowdown in exports to the U.S.
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Australia Central Bank Keeps Rates on Hold But Makes Hawkish Tilt
The decision follows a string of reports showing a deteriorating inflation outlook and warnings from the RBA that the economy is starting to grind up against capacity constraints.
(END) Dow Jones Newswires
December 09, 2025 13:00 ET (18:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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