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‘Slightly hawkish’ Banxico calls for caution on rates as inflation still sticky

‘Slightly hawkish’ Banxico calls for caution on rates as inflation still sticky

© Reuters. FILE PHOTO: Mexico’s Central Bank (Banco de Mexico) building in downtown Mexico City, Mexico August 9, 2022. REUTERS/Henry Romero/File Photo By Brendan O’Boyle MEXICO CITY (Reuters) -Most members of the Bank of Mexico’s governing board called for caution as the central bank of Latin America’s No. 2 economy eyes possible rate cuts in…

AQR ends 2023 with double digit returns thanks to stocks, gas and iron ore

AQR ends 2023 with double digit returns thanks to stocks, gas and iron ore

By Nell Mackenzie LONDON (Reuters) -Billionaire investor Cliff Asness’s AQR Capital Management finished 2023 with double digit returns in several of its funds, buoyed by stock selection, bonds, European natural gas and iron ore, a source familiar with the matter said on Thursday. The $99 billion investment manager, known for its quantitative strategies, returned a…

Fed minutes cite “diminished” inflation risks, concern about “overly restrictive” policy

Fed minutes cite “diminished” inflation risks, concern about “overly restrictive” policy

© Reuters. FILE PHOTO: Federal Reserve Board Chairman Jerome Powell speaks during a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy at the Federal Reserve in Washington, U.S., December 13, 2023. REUTER   CME -3.74% Add to/Remove from Watchlist Add to Watchlist Add Position Position added…