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(Bloomberg) -- Federal Reserve Governor Michelle Bowman said the central bank should lower interest rates at a “measured” pace, arguing that inflationary risks remain and that the labor market has not shown significant weakening. Most Read from BloombergUnlocking the Hidden Power of Zoning, for Good or BadEric Adams' Vanishing Promise to Fix NYC's 'Unfair' Property TaxesWaiting for the Miracle of Church-to-Housing DevelopmentBelfast’s Grand Central Station Creates New Era for Northern Ireland’s

BERLIN (Reuters) -Germany's leading economic institutes have downgraded their forecast for 2024 and now see Europe's largest economy shrinking by 0.1%, people familiar with the figures from the autumn joint economic forecast told Reuters on Tuesday. Germany's economy was the weakest among its large euro zone peers last year with a 0.3% contraction. Inflation was expected to fall to 2.2% this year, from 5.9% last year, the sources said.

In Latin America's second-largest economy, 12-month headline inflation came in at 4.66% in early September, statistics agency INEGI said, below both the previous month's 5.16% and the 4.73% forecast by economists polled by Reuters. The key figure remains above the Bank of Mexico's (Banxico) 3% target, plus or minus one percentage point, but will likely open the door for it to maintain a monetary easing cycle on Thursday, when it is set to announce its next policy decision. Mexico's central bank last month lowered borrowing costs by 25 basis points to 10.75% in a divided vote.

(Bloomberg) -- Credit Agricole SA is looking to raise capital with a bond that has to be repaid after only a decade, adding to a recent raft of longer-duration instruments as investors look to take advantage of the Federal Reserve’s rate cuts.Most Read from BloombergUnlocking the Hidden Power of Zoning, for Good or BadEric Adams' Vanishing Promise to Fix NYC's 'Unfair' Property TaxesWaiting for the Miracle of Church-to-Housing DevelopmentBelfast’s Grand Central Station Creates New Era for Northe

(Bloomberg) -- Spain is selling new 12-year debt through banks to capitalize on strong investor demand, following a record-breaking Italian bond offering earlier this month. Most Read from BloombergUnlocking the Hidden Power of Zoning, for Good or BadEric Adams' Vanishing Promise to Fix NYC's 'Unfair' Property TaxesBelfast’s Grand Central Station Creates New Era for Northern Ireland’s Public TransportWaiting for the Miracle of Church-to-Housing DevelopmentInitial guidance suggests the inflation-

Trump Media & Technology Group stock is in a free fall (again).

Bitcoin and Ether, the two largest cryptocurrencies by market capitalization, were thriving on Monday morning, buoyed by the U.S. Federal Reserve’s recent interest rate cut. Bitcoin was trading near $63,000, up 1.2% in the past 24 hours and nearly 8% over the week. Ether, meanwhile, was hovering around $2,600, with a 2.5% gain in the last 24 hours and an impressive 15% rise over the week, according to CoinMarketCap.