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Wall Street top banks highlight consumer resilience

Editor October 15, 2025
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Factbox-Wall Street top banks highlight consumer resilience

Large lenders provide a window into consumer health because their lending, credit card activity and deposit flows reflect how households are spending, borrowing and managing debt.The remarks are especially significant as the U.S. government shutdown delays the release of key data normally used to gauge the he …

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Bessent says yen will find its own level if Bank of Japan follows ‘proper’ policy

Bessent made the remarks to reporters when asked whether the yen’s recent level was reasonable or a bit too weak.In August, he said the BOJ would likely be raising interest rates, as it was behind the curve in dealing with the risk of inflation.The BOJ exited a decade-long, massive stimulus program last year …

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US tariffs on China on Nov 1 depend on Beijing’s actions, USTR Greer tells CNBC

WASHINGTON (Reuters) -U.S. Trade Representative Jamieson Greer on Tuesday said it depended on China whether additional 100% tariffs on its exports to the United States kick in on November 1 or sooner, but acknowledged it might be hard for Beijing to find an off-ramp.Greer told CNBC that U.S. and Chinese offic …

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As Brazil readies for COP30 climate talks, finance ministers offer plan for $1.3 trillion in yearly finance

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Global debt tops G20 agenda, South African central bank chief says

WASHINGTON/JOHANNESBURG (Reuters) -South African Reserve Bank Governor Lesetja Kganyago warned on Wednesday that rising global debt poses a risk to financial stability.The Financial Stability Board, which reports to the G20, has elevated debt concerns to a top-tier issue, Kganyago said on the sidelines of the …

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  • Global debt tops G20 agenda, South African central bank chief says
  • As Brazil readies for COP30 climate talks, finance ministers offer plan for $1.3 trillion in yearly finance
  • US tariffs on China on Nov 1 depend on Beijing’s actions, USTR Greer tells CNBC
  • Bessent says yen will find its own level if Bank of Japan follows ‘proper’ policy

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