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Mexico's economy blooms in Q2, fastest growing pace since 2022

Mexico's economy blooms in Q2, fastest growing pace since 2022

By Aida Pelaez-Fernandez MEXICO CITY, Aug 24 (Reuters) - Mexico's economy rebounded in the second quarter from the previous three-month period, national statistics agency INEGI said on Monday, posting its strongest expansion since early 2022.
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Brazil election rivals offer competing cures for high long-term interest rates

Brazil election rivals offer competing cures for high long-term interest rates

BRASILIA, Aug 25 (Reuters) - Brazil's presidential campaigns are clashing over how to bring down long-term interest rates, with advisers to the leading candidates offering sharply different prescriptions for reducing borrowing costs across the economy.
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Australia inflation tops forecasts in July, adds to rate risk

Australia inflation tops forecasts in July, adds to rate risk

SYDNEY, Aug 26 (Reuters) - Australian consumer prices rose more than expected in July as fuel and travel costs jumped, data showed on Wednesday, while core inflation also exceeded forecasts and added to the risk of another hike in interest rates.
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Australia inflation runs hot in July, markets reprice rate hike risk

Australia inflation runs hot in July, markets reprice rate hike risk

By Stella Qiu SYDNEY, Aug 26 (Reuters) - Australian consumer prices rose more than expected in July as fuel costs jumped, data showed on Wednesday, while core inflation also exceeded forecasts and added to the risk of another hike in interest rates.
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As Cook case smolders, Trump has other paths to shape Fed policy team

As Cook case smolders, Trump has other paths to shape Fed policy team

By Howard Schneider WASHINGTON, Aug 26 (Reuters) - U.S.
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Brazil fines TikTok owner ByteDance for unlawful processing of teenagers' data

Brazil fines TikTok owner ByteDance for unlawful processing of teenagers' data

SAO PAULO, Aug 25 (Reuters) - Brazil's data protection authority (ANPD) has fined TikTok owner ByteDance 153.8 million reais ($29.81 million) for allegedly violating the country's General Data Protection Law, according to a decision published in the official gazette on Tuesday.
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US inflation remains sticky in July; 2nd-quarter GDP unrevised at 1.5%

US inflation remains sticky in July; 2nd-quarter GDP unrevised at 1.5%

Aug 26 (Reuters) - Annual U.S. inflation unexpectedly held steady in July well above the Federal Reserve's 2% target for the 65th straight month, and the pause in the decline from a recent Iran-war induced peak is likely to add to the central bank's tense debate over whether interest rates should be
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BOJ to speed up its tightening campaign, raise key rate to 1.25% in September: Reuters poll

BOJ to speed up its tightening campaign, raise key rate to 1.25% in September: Reuters poll

By Satoshi Sugiyama TOKYO, Aug 26 (Reuters) - The Bank of Japan will move more swiftly than previously expected and raise interest rates again in September, a majority of economists said in a Reuters poll, with the terminal rate also likely to be higher.
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Brazil vote offers opposing politics, similar fiscal outcomes

Brazil vote offers opposing politics, similar fiscal outcomes

By Rodrigo Campos and Paula Laier NEW YORK/SAO PAULO, Aug 26 (Reuters) - Brazil’s October election offers voters yet another stark left-versus-right choice, but investors see less difference on the fiscal front with debt likely to keep rising under either candidate.
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Indonesia's Destry says she would back growth, keep independence as cbank chief

Indonesia's Destry says she would back growth, keep independence as cbank chief

By Stefanno Sulaiman JAKARTA, Aug 26 (Reuters) - Destry Damayanti, the sole candidate to become Indonesia's central bank governor, told a vetting panel the country was facing a complex situation requiring cooperation with state institutions, but this would not affect the bank's independence.
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Indonesia's Destry says she will back growth policies if confirmed as central bank chief

Indonesia's Destry says she will back growth policies if confirmed as central bank chief

By Stefanno Sulaiman JAKARTA, Aug 26 (Reuters) - Destry Damayanti, the sole candidate nominated for Indonesia's central bank governor, on Wednesday told a vetting panel she will look to support growth and job creation while ensuring financial stability if she becomes Bank Indonesia's chief.  
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Bond market anxiety raises stakes for Warsh's debut Jackson Hole speech

Bond market anxiety raises stakes for Warsh's debut Jackson Hole speech

By Howard Schneider WASHINGTON, Aug 24 (Reuters) - U.S.