Economy
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FED/Mester: Fed rate needs to be raised slightly above 5 percent
Cleveland Fed President Loretta Mester argued that the Fed should raise the interest rate slightly above the 5.00-5.25 percent range…
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Biggest Credit Suisse shareholder cuts his stake
Harris Associates, one of Credit Suisse’s (CSGN.S) major shareholders, cut its stake in the bank roughly in half, to about…
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Fed/Kansas City: Rates should stay high until at least 2024
Kansas City Fed President Esther George said she raised her interest rate expectations to 5 percent and that rates should…
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Eurostat : Eurozone PPI at 9-month low
Eurozone PPI fell 30 percent in October to its lowest level in nine months, according to Eurostat data released on…
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In Germany, the decline in factory orders accelerated in September
Factory orders in Germany decreased by 4 percent in September due to foreign customers ordering significantly less. Automotive Fabric in…
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The German economy exceeded expectations in the third quarter
German economy grew unexpectedly in the third quarter, according to the official state statistical institution published on Friday, and Germany…
