Real-time Financial News

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2024-10-25 Friday
  • 20:25:42

    US House Speaker Johnson: The House of Representatives will soon turn to the Ukraine aid bill.

  • 20:24:14

    US House Speaker Johnson: Will ask Israeli Prime Minister Netanyahu to speak in Congress.

  • 20:24:04

    Speaker of the U.S. House of Representatives Johnson: I am talking to members today and need to complete matters related to the spending bill.

  • 20:17:10

    US House of Representatives Speaker Johnson: A very substantial victory in the spending agreement.

  • 20:13:55

    Market news: U.S. Treasury Secretary Yellen will take action to reduce household spending costs.

  • 20:13:41

    Cyprus President: Plans to send second ship to Gaza possibly this week.

  • 20:11:52

    Market news: Yemen’s Houthi armed forces held talks with Russian representatives in Oman, saying that their ships would not be targeted.

  • 20:10:57

    Market news: U.S. Treasury Secretary Yellen will testify before the Senate Finance Committee.

  • 20:09:47

    British Finance Minister Hunt expressed full support for Bank of England Governor Bailey.

  • 20:08:23

    Bank of England: Bank of England Governor Bailey said there were further encouraging signs on inflation.

  • 20:08:11

    Bank of England: Bank of England Governor Bailey said the situation is moving in the right direction.

  • 20:07:34

    The money market expects the Bank of England to cut interest rates by 75 basis points before the end of the year, compared with 70 basis points expected before the interest rate decision was announced.

  • 20:05:46

    Bank of England monetary policy member Dhingra voted in favor of a 25 basis point interest rate cut, which was consistent with the vote in February.

  • 20:05:16

    Bank of England: Significant risks remain, especially from developments in the Middle East.

  • 20:05:07

    Bank of England: Staff forecast GDP growth of 0.1% in the first quarter (0.1% in February), with slight growth expected in the second quarter.

  • 20:04:52

    Bank of England: The spring budget measures are expected to increase GDP by about 0.25% in the next few years, while having a smaller impact on inflationary pressures.

  • 20:04:45

    Bank of England: Businesses expect wage adjustments to fall and will face the problem of passing on cost increases to prices.

  • 20:04:38

    Bank of England: CPI is expected to be slightly below 2% in the second quarter due to the fuel tax freeze in the budget.

  • 20:04:29

    Bank of England: Service sector inflation remains high and is expected to gradually fall.

  • 20:04:24

    Bank of England: Monetary policy is likely to remain tight even if interest rates are cut.

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