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Today: June 05, 2025
Today: June 05, 2025

inflation

Business|Economy|Political|US

Fed's Barkin: Extensive uncertainty could hit demand, policy in good place awaiting more clarity

The Federal Reserve's current "moderately restrictive" monetary policy is right for an environment with an abnormal amount of uncertainty and fast

Fed's Barkin: Extensive uncertainty could hit demand, policy in good place awaiting more clarity
Economy|Europe|Finance

Euro zone consumers may be put off by inflation 'misperception,' ECB's Schnabel says

The euro zone's economic recovery may have been held back by households' "misperception" of inflation and income, which has made them reluctant to spend, European

Euro zone consumers may be put off by inflation 'misperception,' ECB's Schnabel says
Americas|Business|Economy|Finance

Bank of Mexico cuts interest rate as trade war stokes recession fears

The Bank of Mexico delivered a unanimous 50-basis-point interest rate cut to 9.00% on Thursday, highlighting progress on inflation but warning of heightened

Bank of Mexico cuts interest rate as trade war stokes recession fears
Asia|Business|Economy|Political|Stock Markets|US

Stocks down, gold hits record after Trump's latest tariff volley

Global stocks fell for a second straight session and gold hit a record high on Thursday after the latest tariffs from U.S.

Stocks down, gold hits record after Trump's latest tariff volley
Business|Economy|Finance|Political|US

Trump's auto tariffs complicate Fed's deliberations on rates

President Donald Trump's permanent 25% tariff on imported autos has expanded the global trade war, feeding expectations for higher prices for cars and other products, but

Trump's auto tariffs complicate Fed's deliberations on rates
Americas|Business|Economy

Brazil's central bank signals need for higher rates for longer

The Brazilian central bank's economic policy director Diogo Guillen said on Thursday that when inflation expectations are unanchored, as they are now, interest

Brazil's central bank signals need for higher rates for longer
Americas|Economy|Finance|Political

Brazil's annual inflation hits two-year high as rate hikes continue

Brazil's 12-month inflation rate accelerated slightly less than expected in early March but still hit its highest level in two years, official data showed on Thursday, as the

Brazil's annual inflation hits two-year high as rate hikes continue
Americas|Business|Economy

Brazil central bank raises long-term inflation forecasts, sees challenging path to target

Brazil's central bank raised its inflation projections on Thursday for the long-term despite anticipating weaker economic activity this year, and said that this scenario makes

Brazil central bank raises long-term inflation forecasts, sees challenging path to target
Africa|Business|Economy|Finance

Central banks of Ghana and Kenya to pause rates in coming days until May: Reuters poll

The Bank of Ghana and the Central Bank of Kenya will pause cutting interest rates at their upcoming meetings and resume in May, a Reuters poll found on

Central banks of Ghana and Kenya to pause rates in coming days until May: Reuters poll
Economy|Europe|Finance

Norway central bank keeps rate on hold in policy reversal

Norway's central bank kept interest rates on hold at a 17-year high of 4.50% on Thursday, in line with most forecasts, as an unexpected resurgence of inflation led policymakers to

Norway central bank keeps rate on hold in policy reversal
Business|Economy|Finance|Political|US

St. Louis Fed's Musalem says tariffs could trigger more persistent inflation

Risks have increased that U.S. inflation will stall above the Federal Reserve's 2% target or even rise further in the near term, with rising import taxes potentially

St. Louis Fed's Musalem says tariffs could trigger more persistent inflation
Business|Economy|Finance|Political

Bank of Canada gave less weight to downward risks to inflation - minutes

The Bank of Canada saw less evidence of downward pressure on inflation even as it decided to cut rates by 25 basis points on March

Bank of Canada gave less weight to downward risks to inflation - minutes
Business|Economy|Food|US

Walmart touts cheaper Easter meal for 2025 - but it's missing the eggs

Walmart is touting its Easter 2025 promotion as cheaper than in 2024 - even though its meal kit is missing a key component: eggs.

Walmart touts cheaper Easter meal for 2025 - but it's missing the eggs
Business|Economy|Finance|Political|Stock Markets|US

Trading Day: 'Tariff Man' flexes muscles, markets cower

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Nasdaq slumps 2%, tariff fears intensify It was

Trading Day: 'Tariff Man' flexes muscles, markets cower
Business|Economy|Finance|Political|US

Fed should stay put for extended period amid policy uncertainty, Kashkari says

Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday said he's uncertain about the effect of President Donald Trump's tariffs on the U.S. economy, with the

Fed should stay put for extended period amid policy uncertainty, Kashkari says
Business|Economy|Europe|Finance|Health|Political|Stock Markets

European shares end lower as US tariff deadline looms

European shares closed lower on Wednesday, dragged by technology and healthcare stocks, while investors remained concerned about impending U.S. tariffs set to take effect

European shares end lower as US tariff deadline looms
Business|Economy|Europe|Finance|Stock Markets

Energy leads UK shares higher after finance minister trims spending plans

British equities closed higher on Wednesday, buoyed by rising energy stocks, after finance minister Rachel Reeves pushed back government spending plans in a long-anticipated budget update.

Energy leads UK shares higher after finance minister trims spending plans
Economy|Finance|Political

UK's Reeves announces budget update to parliament

British finance minister Rachel Reeves announced her budget update to parliament on Wednesday.

UK's Reeves announces budget update to parliament
Business|Economy|Europe|Finance

Swedish central bank sees rate cuts at end but uncertainty high - minutes

Sweden's central bank is set to hold the interest rate steady for the foreseeable future, but rate-setters are ready to act if inflation deviates too much from the target,

Swedish central bank sees rate cuts at end but uncertainty high - minutes
Asia|Business|Economy

Sri Lanka's central bank holds rate to support economic recovery

Sri Lanka's central bank kept its key policy rate unchanged for a second consecutive meeting on Wednesday to underpin the island nation's economic recovery

Sri Lanka's central bank holds rate to support economic recovery
Business|Economy|Finance|US

Fed's Goolsbee sees lower interest rates in a year's time, but warns of uncertainties, FT reports

Chicago Federal Reserve Bank President Austan Goolsbee said he expected interest rates to be "a fair bit lower" in 12-18 months but added that it may take longer than anticipated for the

Fed's Goolsbee sees lower interest rates in a year's time, but warns of uncertainties, FT reports
Americas|Economy|Food|Political

Brazil faces inflation risks as surging corn prices eclipse rice plunge

Brazil is set to face inflationary pressure from rising corn prices, which could overshadow a sharp drop in rice, as President

Brazil faces inflation risks as surging corn prices eclipse rice plunge
Business|Economy|US

Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low

U.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures fell to a 12-year low, driven by rising concerns over tariffs and inflation

Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low
Business|Economy|Europe

Spain's industrial prices rise at fastest pace in two years on energy costs

Energy costs lifted Spanish industrial prices in February to their highest level in two years, the National Statistics Institute (INE) said on Tuesday.

Spain's industrial prices rise at fastest pace in two years on energy costs
Business|Economy|Political|US

Stagflation on the radar for the US economy, but no repeat of the '70s

Recent economic projections from Federal Reserve officials had shades of "Stagflation-lite," in the words of one economist, a sentiment increasingly echoed

Stagflation on the radar for the US economy, but no repeat of the '70s
Economy|Finance|Political|US

Fed's Kugler: Uptick in goods inflation 'unhelpful'

Federal Reserve interest rate policy remains restrictive and well-positioned, Fed Governor Adriana Kugler said on Tuesday, but progress on bringing inflation back to the central bank's 2%

Fed's Kugler: Uptick in goods inflation 'unhelpful'
Business|Economy|Finance|US

US consumers slow spending as inflation bites, Synchrony says

U.S. consumers have been curbing their spending in response to high prices and a worsening economic outlook, according to consumer finance company Synchrony

US consumers slow spending as inflation bites, Synchrony says
Business|Economy|Political|US

Consumer confidence plummets to lowest level since January 2021

Consumer confidence plummets to lowest level since January 2021

Consumer confidence plummets to lowest level since January 2021
Asia|Business|Economy|Finance

BOJ discussed chance of more rate hikes at January meeting, minutes show

Bank of Japan policymakers discussed the pace of raising interest rates further after deciding to hike short-term interest rates to the highest in 17 years, minutes of their January

BOJ discussed chance of more rate hikes at January meeting, minutes show
Americas|Business|Economy|Finance

As Mexico's economy weakens, some see a recession as unavoidable

Cooling Mexican economic activity and inflation data on Monday supported expectations that Latin America's second largest economy is headed towards a technical recession

As Mexico's economy weakens, some see a recession as unavoidable
Americas|Business|Economy|Finance|Political

Brazil to pursue 2026 primary surplus target despite challenges, minister says

Brazil's Finance Minister Fernando Haddad said on Monday that the government is sticking to next year's primary surplus target even though it will be a challenge, as it prepares

Brazil to pursue 2026 primary surplus target despite challenges, minister says
Business|Economy|Europe|Finance

Key ECB dove makes case for more easing, others more cautious

The case for another European Central Bank interest rate cut is strengthening, ECB board member Piero Cipollone said on Monday, even if others on the rate-setting Governing

Key ECB dove makes case for more easing, others more cautious
Business|Economy|Europe

German growth edges up in March as manufacturing production rises, PMI shows

Business activity in Germany's private sector rose at the quickest rate for ten months in March, amid a first increase in manufacturing production for almost two

German growth edges up in March as manufacturing production rises, PMI shows
Australia|Business|Economy|Election|Political

Australia budget to dole out energy bill relief as general election looms

Australia's government said on Sunday that a federal budget this week would include an A$1.8 billion extension to a scheme to reduce energy bills, ahead of what is expected to be a

Australia budget to dole out energy bill relief as general election looms
Americas|Business|Economy|Finance

Mexico's central bank seen cutting key rate to 9% next week: Reuters poll

The Bank of Mexico will likely cut its benchmark interest rate by 50 basis points at its meeting on March 27, taking it to 9%,

Mexico's central bank seen cutting key rate to 9% next week: Reuters poll
Economy|Finance|Political|US

Fed officials back cautious policy approach in light of economic uncertainty

By Michael S.

Fed officials back cautious policy approach in light of economic uncertainty
Americas|Economy|Finance

Mexico headline inflation likely down in first half of March: Reuters poll

Mexico's annual inflation likely slowed in the first half of March, according to a Reuters poll, supporting bets that the central bank will lower its benchmark interest rate

Mexico headline inflation likely down in first half of March: Reuters poll
Business|Economy|Europe|Finance

Everything points towards ECB rate cut in April, Stournaras says

A European Central Bank rate cut in April is increasingly likely since inflation is slowing, wage growth is moderating and service price pressures are easing, Greek central bank

Everything points towards ECB rate cut in April, Stournaras says
Asia|Business|Economy|Political|Stock Markets|US

Stock market today: Wall Street closes higher, snapping a 4-week losing streak

U.S. stocks shook off a weak start and ended slightly higher, enough to break a four-week losing streak

Stock market today: Wall Street closes higher, snapping a 4-week losing streak
Business|Economy|Finance|US

Fed reports smaller loss on operations in 2024

By Michael S.

Fed reports smaller loss on operations in 2024
Business|Economy|Europe|Finance|Political

Russia holds key rate at 21% despite Putin request not to chill the economy

The Russian central bank kept its key interest rate on hold at 21%, its highest level in more than 20 years, despite President Vladimir Putin's

Russia holds key rate at 21% despite Putin request not to chill the economy
Asia|Business|Economy|Food

China's restaurants race to the bottom in deflation-hit economy

In a dilapidated warehouse on the outskirts of the Chinese capital, businessman An Dawei inspected rows of giant fridges, industrial

China's restaurants race to the bottom in deflation-hit economy
Asia|Business|Economy|Finance

Japan's core inflation hits 3% in February, keeps alive BOJ rate-hike bets

Japan's core inflation hit 3.0% in February and an index stripping away the effect of fuel rose at the fastest pace in nearly a year, a sign of broadening price

Japan's core inflation hits 3% in February, keeps alive BOJ rate-hike bets
Business|Economy|Finance|Political|US

Bank of Canada could change tack, give range of projections

Uncertainty over the impact of U.S. tariffs means the Bank of Canada could give a range of economic estimates rather than a single forecast

Bank of Canada could change tack, give range of projections
Business|Economy|Europe|Finance|Political

Bank of England raises prospect of pause in rate cuts as uncertainty mounts

The Bank of England kept interest rates on hold and warned investors against assuming they would be cut quickly as it grappled with deep

Bank of England raises prospect of pause in rate cuts as uncertainty mounts
Business|Economy|Finance|Political|US

Trump trade upheaval leaves foreign central banks guessing

Slowing economic growth mixed with a bout of renewed inflation risks moving the U.S. from global overachiever to a

Trump trade upheaval leaves foreign central banks guessing
Business|Economy|Europe|Finance|Political

Bank of England must be careful as inflation pressure is falling slowly, Bailey says

Bank of England Governor Andrew Bailey said on Thursday that the central bank would have be careful about cutting interest rates because the fall in inflation pressures has been

Bank of England must be careful as inflation pressure is falling slowly, Bailey says
Business|Economy|Finance|US

Average US rate on a 30-year mortgage rises slightly for the second week in a row

The average rate on a 30-year mortgage in the U.S. rose slightly for the second week in a row, a modest setback for prospective home shoppers as the spring homebuying season ramps up

Average US rate on a 30-year mortgage rises slightly for the second week in a row
Business|Economy|Finance|Political|US

So, what is stagflation, anyway, and why is it so scary?

So, what is stagflation, anyway, and why is it so scary?

So, what is stagflation, anyway, and why is it so scary?
Business|Economy|Europe|Finance|Stock Markets

BoE keeps rates steady, sterling gets brief boost

The Bank of England held interest rates at 4.5% on Thursday and warned against assumptions that they would fall over its next few meetings, as policymakers grapple with deep

BoE keeps rates steady, sterling gets brief boost
Africa|Business|Economy|Finance

South African central bank governor's comments on rate decision

Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago at a news conference to announce the central bank's latest interest rate decision.

South African central bank governor's comments on rate decision
Business|Economy|Europe|Finance

Sweden's Riksbank holds rate but is ready to act, highlights global risks

Sweden's central bank kept its policy rate unchanged at 2.25% as expected on Thursday, predicting rates would remain steady in the near term, but said it was

Sweden's Riksbank holds rate but is ready to act, highlights global risks
Business|Economy|Europe|Finance

Swiss National Bank flags economic uncertainty after latest rate cut

The Swiss National Bank cut its main interest rate to just above zero on Thursday and flagged increased uncertainty over the global impact of U.S.

Swiss National Bank flags economic uncertainty after latest rate cut
Business|Economy|Europe|Finance|Political

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold

The Bank of England has kept its main U.K. interest rate unchanged at 4.50% even though the economy is barely growing and the nation faces more uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. The decision by the nine-member Monetary Policy Committee on Thursday was widely expected, and comes a day after the U.S. Federal Reserve also kept interest rates unchanged

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold
Business|Economy|Finance|Political|Stock Markets|US

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos
Business|Economy|Europe|Finance|Political

ECB's Lagarde spells out cost of trade war with US

European Central Bank President Christine Lagarde spelled out the cost of a trade war with the United States for the euro zone's economy for the first time on Thursday and

ECB's Lagarde spells out cost of trade war with US
Business|Economy|Europe|Finance

UK jobs market steadies with BoE set to keep rates on hold

The pace of British pay growth was little changed and there were others signs of stability in the jobs market, according to official data that

UK jobs market steadies with BoE set to keep rates on hold
Business|Economy|Finance|Political|US

Tariffs to delay inflation progress, too soon to gauge impact, Fed's Powell says

U.S.

Tariffs to delay inflation progress, too soon to gauge impact, Fed's Powell says
Americas|Business|Economy|Finance|Political

Brazil raises interest rates 100 bps, sees smaller hike ahead

Brazil's central bank raised interest rates by 100 basis points on Wednesday for the third consecutive time, sticking to previous guidance, and signaled a smaller

Brazil raises interest rates 100 bps, sees smaller hike ahead
Business|Economy|Finance|Stock Markets|US

Markets soar as Powell brings back 'transitory'

TRADING DAY Parsing the Fed's new economic projections and 'dot plot' Wall Street rallied sharply and Treasury yields fell on Wednesday as investors bet

Markets soar as Powell brings back 'transitory'
Business|Economy|Finance|MidEast|US|World

Gold scales record peak as Fed signals two rate cuts in 2025

Gold touched an all-time high on Thursday as the U.S.

Gold scales record peak as Fed signals two rate cuts in 2025
Business|Economy|Finance|Political|US

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged

The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though more policymakers forecast fewer cuts

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged
Business|Economy|Finance|Political|Stock Markets|US

Fed policymakers project two rate cuts this year, some see fewer

U.S. central bankers on Wednesday signaled they are likely to deliver two quarter-point interest-rate cuts later this year, the same median forecast as three months ago, even as

Fed policymakers project two rate cuts this year, some see fewer
Americas|Economy|Political

Argentina's 2024 economy shrinks 1.7% despite late-year rebound

Argentina's economy shrank 1.7% in 2024 compared with the prior year, but expanded for the second consecutive time in quarterly terms in the last three months of the year, the

Argentina's 2024 economy shrinks 1.7% despite late-year rebound
Economy|Finance|Political|Stock Markets|US

Instant View: Fed doesn't change rates, will slow pace of balance sheet reduction

The Federal Reserve held interest rates steady on Wednesday, as expected, but U.S. central bank policymakers indicated they still anticipate reducing borrowing costs by half a percentage

Instant View: Fed doesn't change rates, will slow pace of balance sheet reduction
Economy|Finance|World

Russian weekly inflation at lowest level since start of the year

Russia's weekly inflation, an important gauge closely watched by the central bank, slowed to the lowest level since the start of the year, according to statistical data released on

Russian weekly inflation at lowest level since start of the year
Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street rallies as pressure eases from the bond market after Fed decision

U.S. stocks climbed after the Federal Reserve said the economy still looks healthy enough to keep interest rates where they are

Stock market today: Wall Street rallies as pressure eases from the bond market after Fed decision
Americas|Business|Economy

Brazil's government maintains 2025 GDP forecast, sees higher inflation

Brazil's government on Wednesday kept its economic growth forecast for this year unchanged at 2.3%, while slightly increasing its inflation estimate due to "marginal changes" to

Brazil's government maintains 2025 GDP forecast, sees higher inflation
Business|Economy|Health|Political|US

Americans are feeling the financial squeeze—and it's about to get worse

BuchhaltungsButler and DataPulse Research examine how consumer sentiment plummets and financial stress grows in America.

Americans are feeling the financial squeeze—and it's about to get worse
Asia|Business|Economy|Finance|Political

BOJ keeps interest rates steady, warns of Trump tariff risks

The Bank of Japan kept interest rates steady on Wednesday and warned of heightening global economic uncertainty, suggesting the timing of further

BOJ keeps interest rates steady, warns of Trump tariff risks
Asia|Business|Economy|Finance|Political|US

BOJ Governor Ueda's comments at news conference

The Bank of Japan held interest rates steady on Wednesday, as expected, as policymakers opted to spend more time gauging the impact of potential higher U.S. tariffs on the export-dependent

BOJ Governor Ueda's comments at news conference
Economy|Europe|Political|US

ECB's de Guindos: Trump tariffs making monterary policy decisions harder

U.S. President Donald Trump's tariff policy has made the European Central Bank's monetary policy decisions more difficult, its Vice President Luis de Guindos said on Monday.

ECB's de Guindos: Trump tariffs making monterary policy decisions harder
Business|Economy|Europe|Finance

UK pay rises fall back in line with inflation, Brightmine says

Pay increases granted by British employers have fallen back in line with inflation for the first time since October 2023, according to data from human resources data firm Brightmine

UK pay rises fall back in line with inflation, Brightmine says
Americas|Business|Economy

Alimentation Couche-Tard misses quarterly revenue estimates on lower fuel demand

Canadian retailer Alimentation Couche-Tard missed third-quarter revenue estimates on Tuesday, hurt by sluggish demand in its convenience stores and fuel businesses amid rising inflationary

Alimentation Couche-Tard misses quarterly revenue estimates on lower fuel demand
Business|Economy|Finance

Canada's annual inflation rate increases to 2.6% in February

Canada's annual inflation rate rose to a higher than expected 2.6% in February, on broad-based increases, including the end of the GST/HST holiday on food and certain other items,

Canada's annual inflation rate increases to 2.6% in February
Americas|Business|Economy|Finance|Food

Canada's inflation jumps to eight-month high as sales tax break ends

Canada's annual inflation rate showed a surprise jump to 2.6% in February, surpassing expectations as a sales tax break that ended in the middle of last month

Canada's inflation jumps to eight-month high as sales tax break ends
Business|Economy|Europe

Swiss lower 2025 growth forecast as global trade war looms

The Swiss government trimmed its economic growth forecasts for 2025 and 2026 on Tuesday, citing global trade tensions, although it expects the country to avoid a

Swiss lower 2025 growth forecast as global trade war looms
Asia|Business|Economy|Finance

BOJ to hike rates gradually given wage outlook, Goldman says

The Bank of Japan is likely to keep hiking interest rates gradually as wages are seen rising at a pace that will keep inflation stably around its 2% target, according

BOJ to hike rates gradually given wage outlook, Goldman says
Business|Economy|Food|US

Chips and cookies have gotten too expensive. Shoppers are buying less

Chips and cookies have gotten too expensive. Shoppers are buying less

Chips and cookies have gotten too expensive. Shoppers are buying less
Business|Economy|Finance|Political|US

Trump is blaming Biden for a weakening economy. Is that fair?

Trump is blaming Biden for a weakening economy. Is that fair?

Trump is blaming Biden for a weakening economy. Is that fair?
Business|Economy|Europe|Finance

Swiss National Bank bought forex worth 1.2 billion francs in 2024

The Swiss National Bank bought foreign currency worth 1.2 billion Swiss francs ($1.36 billion) in 2024, the central bank said on Tuesday, dramatically reducing its interventions

Swiss National Bank bought forex worth 1.2 billion francs in 2024
Business|Economy|Finance|Stock Markets|US

TSX extends recovery as resource shares lead broad-based gains

Canada's main stock index rallied for a second straight day on Monday as some investors took the view that the recent selloff in the market was a buying opportunity, with

TSX extends recovery as resource shares lead broad-based gains
Economy|Finance|Political|US

'Stagflation' risk puts Federal Reserve in tricky spot as it meets this week

The Federal Reserve and its chair, Jerome Powell, are potentially headed to a tough spot as it prepares to meet Tuesday and Wednesday

'Stagflation' risk puts Federal Reserve in tricky spot as it meets this week
Africa|Economy|Finance|Political

Nigeria inflation eases for second month after data overhaul

Nigeria's annual headline inflation eased to 23.18% in February, the country's statistics agency said on Monday, a month after it rebased its Consumer Price

Nigeria inflation eases for second month after data overhaul
Business|Economy|Europe|Finance|World

Russian central bank expected to keep key rate on hold amid uncertainty: Reuters poll

The Russian central bank will keep its benchmark interest rate on hold at a board meeting on March 21, all 29 analysts who took part in a Reuters poll predicted

Russian central bank expected to keep key rate on hold amid uncertainty: Reuters poll
Economy|Europe|Food|Political

Hungary's Orban launches food price controls as inflation rebounds

Food price controls launched by Prime Minister Viktor Orban went into effect in Hungary on Monday after inflation hit the highest level in

Hungary's Orban launches food price controls as inflation rebounds
Africa|Business|Economy|Finance|Political

South African inflation forecast falls further in key survey

The average inflation forecast for 2025 in a closely watched survey commissioned by the central bank fell further in the first quarter of this year, dropping below the level

South African inflation forecast falls further in key survey
Americas|Business|Economy|Political|World

Trump trade war to sap Canadian, Mexican and US growth, OECD says

President Donald Trump's tariff hikes will drag down growth in Canada, Mexico and the United States while driving up inflation, the OECD forecast on Monday, cutting

Trump trade war to sap Canadian, Mexican and US growth, OECD says
Business|Economy|Finance|Political|US

Trump’s tariffs are inflicting serious economic damage and reigniting inflation, OECD says

Trump’s tariffs are inflicting serious economic damage and reigniting inflation, OECD says

Trump’s tariffs are inflicting serious economic damage and reigniting inflation, OECD says
Business|Economy|Europe|Finance|Stock Markets|US

Central bank frenzy meets political storm

The week ahead is crammed with central bank decisions, first and foremost the U.S.

Central bank frenzy meets political storm
Business|Economy|Europe|Finance|Political|Stock Markets|US

Bank of England set to keep rates on hold as global uncertainty mounts

The Bank of England is likely to keep interest rates on hold on Thursday and stick to its mantra of only gradual moves ahead as it grapples with the fallout from U.S.

Bank of England set to keep rates on hold as global uncertainty mounts
Asia|Business|Economy

Taiwan likely to hold rates steady on inflation, US tariff concerns: Reuters poll

Taiwan's central bank is likely to maintain its policy interest rate this week and keep it steady through the first quarter of next year, due to concerns over inflation and fresh

Taiwan likely to hold rates steady on inflation, US tariff concerns: Reuters poll
Business|Economy|Political|Technology|US

DOJ antitrust head targets pricey consultants amid DOGE cost cutting

The U.S.

DOJ antitrust head targets pricey consultants amid DOGE cost cutting
Americas|Economy|Political

Argentina monthly inflation edges back up as prices prove sticky

Argentina's monthly inflation rate accelerated to 2.4% in February, in line with analyst estimates, data from the INDEC statistics

Argentina monthly inflation edges back up as prices prove sticky
Business|Economy|Finance|Political|Stock Markets|US

Rising inflation expectations could put Fed on shallower rate-cut path

American families are growing sharply less optimistic about the economic outlook, but the Federal Reserve may be loathe to respond aggressively to a weakening economy in light of increasing

Rising inflation expectations could put Fed on shallower rate-cut path
Americas|Business|Economy|Finance

Brazil central bank to hike rates to near decade-high on March 19- Reuters poll

Brazil's central bank will hike its benchmark interest rate to a near decade-high of 14.25% on March 19, giving little extra forward guidance amid a changing

Brazil central bank to hike rates to near decade-high on March 19- Reuters poll
Africa|Business|Economy|Finance|Political

South African Reserve Bank to pause rate-cutting cycle, resume in May- Reuters poll

The South African Reserve Bank (SARB) will likely keep interest rates steady at its March 20 meeting as global trade risks and battles over the national budget

South African Reserve Bank to pause rate-cutting cycle, resume in May- Reuters poll
Business|Economy|Europe|Finance|Political

ECB's Holzmann backs holding rates in April on inflation risks

European Central Bank policymaker Robert Holzmann backs keeping interest rates unchanged next month as higher trade tariffs and more government spending raise the risk of a new

ECB's Holzmann backs holding rates in April on inflation risks
Business|Economy|Europe|Finance

UK public inflation expectations surged in February, BoE survey shows

The British public's expectations for inflation in the long run rose in February to their highest level in more than five years, according to a Bank of England survey on Friday that is

UK public inflation expectations surged in February, BoE survey shows
Asia|Business|Economy

Japan firms agree to biggest pay hike in 34 years, but will it boost consumer spending?

Japanese firms agreed to raise wages by more than 5% on average this year, on course for their most substantial pay hike in over three decades - a

Japan firms agree to biggest pay hike in 34 years, but will it boost consumer spending?
Economy|Europe|Finance

Spain's 12-month EU-harmonised inflation unchanged at 2.9% in February

Spain's European Union-harmonised 12-month inflation rate remained unchanged at 2.9% in February from the period through January, final data released by the National Statistics Institute,

Spain's 12-month EU-harmonised inflation unchanged at 2.9% in February
Asia|Business|Economy|Finance

Japan inflation likely cooled in Feb on energy subsidy resumption: Reuters poll

Japan's core inflation likely decelerated in February from the previous month due to the resumption of energy subsidies, a Reuters poll showed, though the overall price trends will

Japan inflation likely cooled in Feb on energy subsidy resumption: Reuters poll
Americas|Business|Economy|Finance

Peru central bank holds benchmark interest rate at 4.75%

Peru's central bank held its benchmark interest rate at 4.75% on Thursday, in line with analysts' expectations.

Peru central bank holds benchmark interest rate at 4.75%
Economy|Europe|Political|US

The Latest: Schumer backs GOP funding bill, unwilling to risk government shutdown

Senate Democratic leader Chuck Schumer has relented rather than risk a government shutdown

The Latest: Schumer backs GOP funding bill, unwilling to risk government shutdown
Business|Economy|US

Dollar General warns low-income Americans’ finances are getting worse

Dollar General warns low-income Americans’ finances are getting worse

Dollar General warns low-income Americans’ finances are getting worse
Business|Economy|Finance|Stock Markets|US

Dollar General forecasts muted 2025, says American shoppers are struggling

Dollar General joined a growing list of retailers warning of weak annual sales and profit, and said its consumers were struggling to afford some essentials as high

Dollar General forecasts muted 2025, says American shoppers are struggling
Business|Economy|Political|US

Gasoline prices are coming down. But Trump’s drill-baby-drill promises are not the reason

Gasoline prices are coming down. But Trump’s drill-baby-drill promises are not the reason

Gasoline prices are coming down. But Trump’s drill-baby-drill promises are not the reason
Economy|Europe|Finance|Political|Stock Markets

Tariff worries weigh as CPI cheer fades

A look at the day ahead in European and global markets from Kevin Buckland Wall Street's mild bounce on the back of a tame CPI reading did not provide much impetus for Asian markets, leaving European

Tariff worries weigh as CPI cheer fades
Business|Economy|Finance|Political

Bank of Canada considered leaving rates unchanged, governor tells Reuters

The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed to cut for

Bank of Canada considered leaving rates unchanged, governor tells Reuters
Business|Economy|Europe

French central bank trims growth outlook on trade tensions

France's economy will slow more this year and next than previously expected as trade tensions hit demand for French exports, the central bank said on Wednesday in its quarterly

French central bank trims growth outlook on trade tensions
Business|Economy|Finance|Political|US

US consumer inflation slows in February; tariffs expected to boost prices

U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, giving the Federal Reserve room to

US consumer inflation slows in February; tariffs expected to boost prices
Americas|Economy|Finance|World

Argentina's inflation seen rising slightly in February- Reuters poll

Argentina's monthly inflation rate likely rose in February, slightly higher than the figure recorded in January, a Reuters poll of analysts showed ahead of data due on Friday.

Argentina's inflation seen rising slightly in February- Reuters poll
Americas|Business|Economy|Finance|Political

FULL TEXT- Bank of Canada to be cautious about future rate moves

The Bank of Canada released the following text of opening remarks by Governor Tiff Macklem on Wednesday: "Good morning.

FULL TEXT- Bank of Canada to be cautious about future rate moves
Business|Economy|Finance|Stock Markets|US

Cooler inflation paves way for Fed to resume rate cuts in June

Cooler inflation last month leaves the door open for the Federal Reserve to resume cutting interest rates by mid-year, but the central bank remains worried that U.S. tariff

Cooler inflation paves way for Fed to resume rate cuts in June
Business|Economy|Finance|Political|US

US inflation cooled in February, but Trump’s tariff plans and trade war loom

US inflation cooled in February, but Trump’s tariff plans and trade war loom

US inflation cooled in February, but Trump’s tariff plans and trade war loom
Business|Economy|Finance|Political|Stock Markets|US

Forget threats, the tariff war is underway

Morning Bid U.S.

Forget threats, the tariff war is underway
Asia|Business|Economy

Major Japan firms agree to big wage hikes, impact on BOJ policy in focus

Many of Japan's biggest companies from tech conglomerates to Toyota have met union demands for substantial wage hikes for a third consecutive year, seeking to help

Major Japan firms agree to big wage hikes, impact on BOJ policy in focus
Business|Economy|Finance|Political|Stock Markets|US

The engine that fueled the Biden economy is sputtering under Trump

The engine that fueled the Biden economy is sputtering under Trump

The engine that fueled the Biden economy is sputtering under Trump
Economy|Europe|Finance|Political

Trade, defence shocks risk amplifying euro zone inflation, Lagarde warns

The euro zone economy is facing exceptional shocks from trade, defence and climate issues, possibly amplifying inflation volatility and raising the risk that price growth becomes

Trade, defence shocks risk amplifying euro zone inflation, Lagarde warns
Economy|Environment|Europe|Finance|Political

ECB to tackle fundamental questions in strategy assessment

The European Central Bank is launching a fresh strategy assessment seen covering some big questions on the way it works - from whether massive bond buys remain a good policy tool

ECB to tackle fundamental questions in strategy assessment
Asia|Business|Economy|Finance|Political

Pakistan pauses rate cuts, but likely not for long

With inflation cooling, Pakistan's central bank hit pause on its multiple rounds of monetary easing that might have risked destabilising its currency or worsening

Pakistan pauses rate cuts, but likely not for long
Business|Economy|Europe|Food|Political

Hungary's leader orders price controls on basic foods as inflation spikes

Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European country

Hungary's leader orders price controls on basic foods as inflation spikes
Business|Economy|Political|US

US small business confidence extends decline in February

U.S. small-business confidence dropped for a third straight month in February, wiping away much of the gains notched in the aftermath of President Donald Trump's election

US small business confidence extends decline in February
Economy|Europe|Finance|Political

Swedish Riksbank's Thedeen says higher inflation outcomes call for vigilance

Recent inflation outcomes in Sweden have been slightly higher than expected but it remains to be seen how much is due to temporary factors, Riksbank Governor Erik Thedeen said on

Swedish Riksbank's Thedeen says higher inflation outcomes call for vigilance
Business|Economy|Finance|Political|Stock Markets|US

Fed to deliver rapid-fire rate cuts if economic downturn happens, traders bet

The Federal Reserve won't lower interest rates at its policy meeting next week, but could deliver the first of a set of rapid-fire reductions in borrowing costs in June if rising fears of

Fed to deliver rapid-fire rate cuts if economic downturn happens, traders bet
Asia|Economy|World

Indonesia's central bank uses Ramadan sermons to preach on inflation

Waiting to break their fast during the Muslim holy month of Ramadan, clerics in the Indonesian town of Majalengka gathered for an unusual

Indonesia's central bank uses Ramadan sermons to preach on inflation
Asia|Business|Economy|Political

Japan government to work with BOJ on rising living costs, economy minister says

Japan's Economy Minister Ryosei Akazawa said on Tuesday the government will work closely with the Bank of Japan (BOJ) in reaching its 2% inflation target as rising

Japan government to work with BOJ on rising living costs, economy minister says
Australia|Business|Economy

Australian consumer confidence hits 3-year high in March, survey says

Australian consumer sentiment hit a three-year high in March as slowing inflation and the first interest rate cut in over four years helped lift the gloomy mood for consumers, a

Australian consumer confidence hits 3-year high in March, survey says
Asia|Business|Economy|Finance

India inflation likely eased below 4% in February for the first time in six months

India's February consumer inflation likely eased below the Reserve Bank of India's medium-term target of 4.0% for the first time in six months on moderating food

India inflation likely eased below 4% in February for the first time in six months
Business|Economy|Political|US

BlackRock CEO Fink says nationalistic US policies to stoke inflation

BlackRock CEO Larry Fink said on Monday that inflation in the United States will be elevated by nationalistic policies, including the

BlackRock CEO Fink says nationalistic US policies to stoke inflation
Americas|Economy|Finance|Political

Argentina analysts see 2025 inflation at 23.3%

Argentine analysts held their forecasts for this year's inflation nearly steady, according to the central bank's market expectations survey published on Monday, predicting year-end

Argentina analysts see 2025 inflation at 23.3%
Economy|Finance|MidEast|Political|World

Bank of Israel stays cautiously optimistic on inflation, rates outlook

Bank of Israel policymakers are cautiously optimistic that inflation will ease later in 2025 in the wake of uncertainty stemming from the effects of Israel's war

Bank of Israel stays cautiously optimistic on inflation, rates outlook
Business|Economy|Finance|Political|US

NY Fed: Worry over outlook increases amid stable inflation expectations

By Michael S.

NY Fed: Worry over outlook increases amid stable inflation expectations
Business|Economy|Europe|Finance

ECB must remain open-minded on whether to keep cutting rates or pause, Kazimir says

There are still plenty of upside risks to euro zone inflation, so the European Central Bank must remain open-minded on whether to press ahead with interest rate cuts or pause

ECB must remain open-minded on whether to keep cutting rates or pause, Kazimir says
Asia|Business|Economy|Finance|MidEast

Pakistan unexpectedly halts easing cycle, keeping key interest rate at 12%

Pakistan's central bank unexpectedly halted its easing cycle on Monday, keeping its key policy rate at 12%, saying there could still be price risks including from an

Pakistan unexpectedly halts easing cycle, keeping key interest rate at 12%
Asia|Economy|Europe|Finance|Political|Stock Markets|US|World

Change is in the air

Fast-moving developments on Ukraine and Europe will no doubt continue to dominate financial markets this week, while U.S. data includes key inflation numbers and China looks determined to

Change is in the air
Asia|Business|Economy

Japan's real wages drop in January, spring wage talks in focus

Japan's real wages fell in January after two months of slight gains, data showed on Monday, days before the annual rounds of pay negotiations held each spring

Japan's real wages drop in January, spring wage talks in focus
Business|Economy|Finance|Political|US

Fed's Kugler says rate policy likely on hold for some time

U.S. Federal Reserve Governor Adriana Kugler said on Friday that rising inflation risks argue for an extended period of steady central bank interest rate policy.

Fed's Kugler says rate policy likely on hold for some time
Business|Economy|Finance|Political|US

Morgan Stanley cuts US growth forecast for 2025 on tariff concerns

Morgan Stanley lowered its 2025 economic growth forecast for the United States on Friday, citing greater impact from tariffs and a still-tight labor market resulting in higher inflation.

Morgan Stanley cuts US growth forecast for 2025 on tariff concerns
Business|Economy|Political|US

Fed's Kugler warns on uncertainty and tariff risks to economy

Federal Reserve Governor Adriana Kugler said Friday it still remains challenging getting a handle on the impact of the Trump tariff regime, in a climate where these sorts of policies could

Fed's Kugler warns on uncertainty and tariff risks to economy
Business|Economy|Finance|Political|US

Powell says tariffs could feed inflation, Fed must wait to determine the impact

Federal Reserve Chair Jerome Powell said it remains to be seen if the Trump administration's tariff plans will prove to be inflationary, mapping

Powell says tariffs could feed inflation, Fed must wait to determine the impact
Business|Economy|Europe|Finance

ECB's Centeno says euro zone inflation 'almost out of the woods'

European Central Bank policymaker Mario Centeno said on Friday he expects inflation to fall to its medium-term target of 2% in a sustainable manner since euro zone inflation is "

ECB's Centeno says euro zone inflation 'almost out of the woods'
Business|Economy|Finance|Political|Stock Markets|US

Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos

Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos

Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos
Economy|Political|US

Why should America worry about Trump? Try the price of eggs, say some Democrats

Democrats are hopeful their party's road to recovery lies in the price of eggs

Why should America worry about Trump? Try the price of eggs, say some Democrats
Business|Economy|Europe|Finance

Both upside and downside risks for Swedish inflation, Riksbank's Breman says

There are upside and downside risks for inflation in Sweden and the central bank has to be watchful and ready to act if needed, Riksbank First Deputy Governor Anna Breman said on

Both upside and downside risks for Swedish inflation, Riksbank's Breman says
Asia|Economy|Finance|Political

Japan ready to declare end to deflation, economy minister says

Japan has cleared the key threshold for the government to officially declare an end to long-term price deflation, economy minister Ryosei Akazawa said on Friday.

Japan ready to declare end to deflation, economy minister says
Asia|Business|Economy|Finance

Inflation risks may stir BOJ discussion of rate hike in May, sources say

Inflationary pressure from wage gains and prolonged rises in food costs could prompt Bank of Japan board members to discuss another interest rate

Inflation risks may stir BOJ discussion of rate hike in May, sources say
Business|Economy|Finance|US

Fed's Waller, leaning against March cut, sees easings later in year

By Michael S.

Fed's Waller, leaning against March cut, sees easings later in year
Americas|Business|Economy|Political|US

Trump's trade war draws swift retaliation with new tariffs from Mexico, Canada and China

President Donald Trump’s trade war against America’s three biggest trading partners drew immediate retaliation from Mexico, Canada and China

Trump's trade war draws swift retaliation with new tariffs from Mexico, Canada and China
Business|Economy|Europe

John Lewis and Currys latest UK retailers to give inflation-busting pay rises

The John Lewis Partnership and Currys on Thursday became the latest major British retailers to give their staff inflation-beating pay rises which only partly reflect a hike in the

John Lewis and Currys latest UK retailers to give inflation-busting pay rises
Business|Economy|Europe|Finance|Political

UK inflation hump unlikely to lead to long-term price pressures, BoE's Mann says

Bank of England policymaker Catherine Mann said on Thursday a pick up in inflation was unlikely to lead to longer-term price problems in Britain's economy, and that

UK inflation hump unlikely to lead to long-term price pressures, BoE's Mann says
Business|Economy|Europe|Finance|Political

ECB cuts rates again but risk of April pause growing

The European Central Bank cut interest rates again on Thursday but warned of "phenomenal uncertainty" including the risk that trade wars and

ECB cuts rates again but risk of April pause growing
Business|Economy|Finance|US

Mortgage rates have declined but could stay at a level that makes it tough to afford a home

Mortgage rates eased this week for the seventh week in a row, a trend that gives prospective home shoppers more financial flexibility just as the spring homebuying season gets going

Mortgage rates have declined but could stay at a level that makes it tough to afford a home
Business|Economy|Finance|US

US fourth-quarter worker productivity revised higher

U.S. worker productivity grew a bit faster than initially thought in the fourth quarter, helping to curb labor costs and providing a boost in the fight against inflation. 

US fourth-quarter worker productivity revised higher
Economy|Finance|Political|US

Fed's Harker says warning signs emerging for US economy

By Michael S.

Fed's Harker says warning signs emerging for US economy
Business|Economy|Europe|Finance

ECB cuts rates for sixth time in face of economic upheaval

The European Central Bank cut interest rates for the sixth time in nine months on Thursday, sticking to its easing plan in the face of economic upheaval from an unfolding trade

ECB cuts rates for sixth time in face of economic upheaval
Business|Economy|Europe|Finance|Political|Stock Markets

ECB cuts rates again, euro rallies

The European Central Bank cut interest rates as expected on Thursday and kept the door ajar to more, even as a looming trade war with the U.S. and plans to boost military spending

ECB cuts rates again, euro rallies
Business|Economy|Europe|Finance

UK firms see faster price rises and smaller pay increases, BoE survey shows

British companies expect to raise prices faster in the coming 12 months, and their expectations for staffing numbers eased due to a rise in employment costs in April, a Bank of

UK firms see faster price rises and smaller pay increases, BoE survey shows
Economy|Finance|MidEast|Political|World

Turkey's central bank lowers key interest rate as inflation slows

Turkey’s central bank has lowered its key interest rate by a further 2.5 percentage points days after official figures indicated a slowdown in inflation that has eroded households’ purchasing power

Turkey's central bank lowers key interest rate as inflation slows
Business|Economy|Political|US

Will you pay more for gas under the new Canada tariffs? Depends on where you live

Will you pay more for gas under the new Canada tariffs? Depends on where you live

Will you pay more for gas under the new Canada tariffs? Depends on where you live
Economy|Environment|Political|US

Fact-checking Trump’s address to Congress

Fact-checking Trump’s address to Congress

Fact-checking Trump’s address to Congress
Economy|Europe|Finance

Swiss inflation falls to lowest in nearly four years

Swiss inflation fell to its lowest level in nearly four years in February, government data showed on Wednesday, increasing the likelihood the Swiss central bank will cut rates later

Swiss inflation falls to lowest in nearly four years
Business|Economy|Finance|Political|US

US service sector expands in February; price growth accelerates

U.S. services sector growth unexpectedly picked up in February and prices for inputs increased, which combined with a recent surge in the cost of raw materials

US service sector expands in February; price growth accelerates
Business|Economy|Election|Food|Political

Trump visited their local grocery store during the campaign. They’re holding on to hope that prices fall

Trump visited their local grocery store during the campaign. They’re holding on to hope that prices fall

Trump visited their local grocery store during the campaign. They’re holding on to hope that prices fall
Business|Economy|Europe|Finance

Rate cuts in Poland may start in the second half of 2025, says IMF representative

Monetary policy easing in Poland may begin in the second half of 2025, International Monetary Found (IMF) representative in Poland Geoff Gottlieb said on Wednesday during the

Rate cuts in Poland may start in the second half of 2025, says IMF representative
Business|Economy|Europe|Finance

Euro zone economy treads water again in February, PMI shows

The euro zone economy trod water again last month as a weak expansion in the bloc's dominant services industry was overshadowed by a long-running downturn in manufacturing, a survey

Euro zone economy treads water again in February, PMI shows
Business|Economy|Europe

UK services job cuts intensify before employment tax hike, PMI survey shows

British services firms in February cut staff at the fastest pace since 2020 ahead of tax and minimum-wage hikes that come into effect next month, an industry survey

UK services job cuts intensify before employment tax hike, PMI survey shows
Asia|Business|Economy

Robust demand propels India's services sector growth in February, PMI shows

Growth in India's services sector accelerated in February, supported by robust demand and a firm business outlook that led to a substantial increase in

Robust demand propels India's services sector growth in February, PMI shows
Business|Economy|Europe|Finance|Political

Italy looks to foreigners as retail bond market loses steam

Italy's campaign to put more of its huge public debt in the hands of small domestic savers will grow increasingly difficult, analysts say, but foreign investors lured

Italy looks to foreigners as retail bond market loses steam
Economy|Political|US

Trump gets poor marks on how he is handling the cost of living, Reuters/Ipsos poll finds

Just one in three Americans approve of President Donald Trump's handling of the cost of living in the U.S., a sign of unease as he enacts steep tariffs on imports

Trump gets poor marks on how he is handling the cost of living, Reuters/Ipsos poll finds
Business|Economy|Finance|Stock Markets|US

Ross Stores forecasts annual sales, profit below estimates on weaker demand

Discount retailer Ross Stores forecast annual sales and profit below estimates on Tuesday, joining its larger peers in indicating a dip in consumer demand due to rising inflationary

Ross Stores forecasts annual sales, profit below estimates on weaker demand
Business|Economy|Finance|Political|US

Fed's Williams: Tariffs are inflation risk, rate policy in good place

By Michael S.

Fed's Williams: Tariffs are inflation risk, rate policy in good place
Business|Economy|Political|Stock Markets|US

Storm clouds gather over US economy as Trump kicks off trade war

A U.S. economy praised for its surprising resilience to a pandemic, high inflation, and rapid interest rate hikes faces a new challenge from President Donald

Storm clouds gather over US economy as Trump kicks off trade war
Business|Economy|US

Target braces for first-quarter profit pressure due to tariffs, low demand

Target warned on Tuesday that uncertainty around tariffs would weigh on the retailer's profit in the first quarter and doubled down on sourcing more

Target braces for first-quarter profit pressure due to tariffs, low demand
Economy|Finance|Political|Stock Markets|US

The state of the US economy, in 9 charts

The state of the US economy, in 9 charts

The state of the US economy, in 9 charts
Australia|Business|Economy

Australia's January retail sales post small gain on food-related spending

Australian retail sales posted a small gain in January after a strong showing in the last quarter as consumer spending continued to pick up amid a slowdown in

Australia's January retail sales post small gain on food-related spending
Australia|Business|Economy|Finance

Australia's biggest bank CBA says more rate cuts are not on the horizon

The CEO of Australia's biggest bank said on Tuesday the country’s easing cycle would be “slower and shallower” than what people had been expecting, predicting that further rate cuts

Australia's biggest bank CBA says more rate cuts are not on the horizon
Business|Economy|Europe|Food

UK prices to rise as retailers pass on higher employment costs, BRC says

British retailers will likely push up their prices in the coming months in response to higher employment costs in April, according to a survey on Tuesday which

UK prices to rise as retailers pass on higher employment costs, BRC says
Business|Economy|Finance|Political|Stock Markets|US

Wall St closes lower as Trump sets 25% tariffs, manufacturing data dips

Wall Street's main stock indexes closed sharply lower on Monday after President Donald Trump announced the start of 25% tariffs

Wall St closes lower as Trump sets 25% tariffs, manufacturing data dips
Business|Economy|Finance|Political|Stock Markets|US

Wall Street braces for potential fallout as Trump tariffs on Canada, Mexico draw near

The Trump administration had postponed the implementation of the new levies on Mexico and Canada, the United States' largest trade partners for one

Wall Street braces for potential fallout as Trump tariffs on Canada, Mexico draw near
Business|Economy|Europe|Finance

Euro zone inflation ticks lower in boost to ECB rate cut bets

Euro zone inflation dipped a bit less than expected last month but its most closely watched component also dropped, sealing the case for another ECB interest

Euro zone inflation ticks lower in boost to ECB rate cut bets
Asia|Business|Economy

Japan's top currency diplomat cautious about how FX could impact wage growth

Japan's top currency diplomat, Atsushi Mimura, on Monday cautioned about foreign exchange moves and their negative impact on the country's goal of achieving real wage growth.

Japan's top currency diplomat cautious about how FX could impact wage growth
Business|Economy|Europe|Finance|MidEast

Turkish inflation slows to 39.05% in February, below forecasts

Turkish annual consumer price inflation slowed to 39.05% in February, official data showed on Monday, lower than a Reuters poll forecast and sustaining a downtrend since it peaked

Turkish inflation slows to 39.05% in February, below forecasts
Americas|Economy|Political

In address to congress, Argentine President Milei promises IMF deal and lauds economic wins

Argentina’s libertarian president Javier Milei has signaled that a new and much-anticipated deal with the International Monetary Fund is imminent

In address to congress, Argentine President Milei promises IMF deal and lauds economic wins
Americas|Business|Economy|Political

Brazil mulls cutting ethanol import tax in nod to Trump, report says

Brazil's government is considering cutting import taxes on ethanol in a bid to appease U.S.

Brazil mulls cutting ethanol import tax in nod to Trump, report says
Business|Economy|Finance|Political|US

Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov't report suggests

Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy

Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov't report suggests
Business|Economy|Finance|Stock Markets|US

Inflation, growth may be in conflict but Fed seen restarting cuts in June

New data may point to emerging tension between the U.S.

Inflation, growth may be in conflict but Fed seen restarting cuts in June
Business|Economy|Political|US

US consumer spending posts first drop in almost two years

U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded

US consumer spending posts first drop in almost two years
Africa|Business|Economy|Political|World

Malawi lowers 2025 growth forecast as inflation spurs protests

Malawi's government trimmed its economic growth forecast for this year in its annual budget on Friday as disgruntled citizens protested in major cities over rising

Malawi lowers 2025 growth forecast as inflation spurs protests
Business|Economy|Finance|US

Inflation is easing, but another alarm bell is ringing about the US economy

Inflation is easing, but another alarm bell is ringing about the US economy

Inflation is easing, but another alarm bell is ringing about the US economy
Economy|Finance|Political|World

Russia's central bank seen keeping key interest rate on hold at March meeting: Reuters poll

The Russian central bank is seen keeping the key interest rate on hold at 21% at its meeting on March 21 while the rouble is seen retreating

Russia's central bank seen keeping key interest rate on hold at March meeting: Reuters poll
Economy|Finance|Stock Markets|US

Instant View: January PCE inflation no surprise, cools year on year

The U.S. Commerce Department's Personal Consumption Expenditures (PCE) price index increased 0.3% in January after advancing by an unrevised 0.3% in December, data showed on Friday.

Instant View: January PCE inflation no surprise, cools year on year
Economy|Finance|Political|US

Fed's Hammack eyes steady balance sheet cuts amid US government financial uncertainty

By Michael S.

Fed's Hammack eyes steady balance sheet cuts amid US government financial uncertainty
Business|Economy|Europe|Finance

German price growth unchanged, sounding 'stagflation' warning

German inflation remained flat in February for the second month in a row at 2.8%, preliminary data from the federal statistics office showed on Friday, despite

German price growth unchanged, sounding 'stagflation' warning
Business|Economy|Finance|Political|Stock Markets|US

S&P500 in red for 2025 as trade war fears ratchet

A look at the day ahead in U.S. and global markets from Mike Dolan The S&P500 stock benchmark plunged into the red for the year this week as an Nvidia-led selloff, economic slowdown fears and re-

S&P500 in red for 2025 as trade war fears ratchet
Business|Economy|Europe|Finance

Softer inflation, weak growth bolster case for ECB rate cuts

Euro zone inflation prospects improved while growth remained anaemic, fresh data showed on Friday, solidifying the case for further ECB rate cuts to stimulate an economy that has

Softer inflation, weak growth bolster case for ECB rate cuts
Asia|Business|Economy|Political

Key economic targets expected to be approved by China's parliament

China's Premier Li Qiang is expected to unveil the country's main economic targets for 2025 at an annual parliament meeting which kicks off on March 5.

Key economic targets expected to be approved by China's parliament
Asia|Business|Economy

BOJ vows to keep tapering bond buying despite rise in yields

The Bank of Japan will keep tapering its government bond purchases despite recent rises in yields, deputy governor Shinichi Uchida said on Friday,

BOJ vows to keep tapering bond buying despite rise in yields
Economy|Finance|US

Fed's Harker expresses support for keeping policy rate on hold

Philadelphia Federal Reserve Bank President Patrick Harker on Thursday expressed support for continuing to hold short-term U.S. borrowing costs in their current range of 4.25%-4.50%, a

Fed's Harker expresses support for keeping policy rate on hold
Americas|Business|Economy|Finance|Political

Brazil posts lower-than-expected primary budget surplus in January

Brazil's central government posted a primary budget surplus in January that was slightly below market expectations, as inflation-adjusted spending growth outpaced revenue gains,

Brazil posts lower-than-expected primary budget surplus in January
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Wall Street falls sharply as Nvidia tumbles 8.5% and AI mania falters

U.S. stock indexes fell sharply as Wall Street’s frenzy around artificial-intelligence technology faltered some more

Stock market today: Wall Street falls sharply as Nvidia tumbles 8.5% and AI mania falters
Business|Economy|Finance|US

Fed's Hammack says rates likely on hold for some time

By Michael S.

Fed's Hammack says rates likely on hold for some time
Business|Economy|Political|US

Trump's CEA chair pick Miran says deregulation will lower prices

President Donald Trump's pick to chair his Council of Economic Advisors, Stephen Miran, on Thursday said he believes that deregulation could be an effective way to bring down inflation.

Trump's CEA chair pick Miran says deregulation will lower prices
Business|Economy|Europe|Finance|Political

ECB to cut rates again on March 6 as focus turns to growth: Reuters poll

The European Central Bank will trim its deposit rate again next week to 2.50%, according to all 82 economists polled by Reuters who expected two further cuts by

ECB to cut rates again on March 6 as focus turns to growth: Reuters poll
Business|Economy|Europe|Finance

ECB accounts show lingering inflation worries

Euro zone inflation was heading back to target but there were still some worries about it, warranting caution in signalling further policy easing, the European Central Bank

ECB accounts show lingering inflation worries
Business|Economy|Political|US

Second estimate of US growth confirms a 2.3% annual pace expansion in fourth quarter

The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end consumer spending, the government said, leaving unchanged its initial estimate of fourth-quarter growth

Second estimate of US growth confirms a 2.3% annual pace expansion in fourth quarter
Business|Economy|Food|US

Subway is bringing back discounted footlongs

Subway is bringing back discounted footlongs

Subway is bringing back discounted footlongs
Economy|Europe|Finance|Political|US

Investors bet on sharpest U.S.-Europe inflation divergence since 2022

Traders who bet on the future course of inflation foresee the sharpest divergence for three years between the U.S. and euro zone, driven by different growth paths

Investors bet on sharpest U.S.-Europe inflation divergence since 2022
Australia|Business|Economy|Finance

RBA needs to see more positive news on inflation before cutting again

Australia's central bank needs to see more positive news on inflation before cutting interest rates again, a top central bank official said on Thursday.

RBA needs to see more positive news on inflation before cutting again
Business|Economy|Finance|Food|Stock Markets|US

Beyond Meat sees weak annual revenue, posts wider-than-expected quarterly loss

Beyond Meat forecast annual revenue below estimates after posting a wider-than-expected loss on Wednesday, as the faux meat products maker faces persistent demand

Beyond Meat sees weak annual revenue, posts wider-than-expected quarterly loss
Business|Economy|Finance|Political|US

New York Fed research flags new inflation vector from tariffs on China imports

By Michael S.

New York Fed research flags new inflation vector from tariffs on China imports
Business|Economy|Europe|Finance|Political|US

No easy answer to higher global tariffs, BoE's Dhingra says

The Bank of England's response to higher U.S. tariffs and other trade restrictions will depend on the extent to which they disrupt supply chains rather than just

No easy answer to higher global tariffs, BoE's Dhingra says
Business|Economy|Finance|Political|World

Russia's central bank links rouble rally to geopolitics

The Russian central bank said on Wednesday that the rouble's rally since the start of the year was linked in part to geopolitical factors, but it was too early to evaluate the

Russia's central bank links rouble rally to geopolitics
Business|Economy|Political|US

Americans are getting fed up with the economy. Does that mean we’re heading into a recession?

Americans are getting fed up with the economy. Does that mean we’re heading into a recession?

Americans are getting fed up with the economy. Does that mean we’re heading into a recession?
Americas|Business|Economy|Finance

Brazil central bank urges caution as credit expands amid high debt levels

Brazil's central bank said on Wednesday that caution and diligence were needed as credit expands despite high borrowing costs and rising debt levels among households and

Brazil central bank urges caution as credit expands amid high debt levels
Business|Economy|Europe

Dutch economic growth stronger than expected in 2025, CPB says

Economic growth in the Netherlands will be stronger than previously expected this year, as wage growth offsets persistently high inflation, economic policy adviser CPB said on

Dutch economic growth stronger than expected in 2025, CPB says
Business|Economy|Finance|Food|US

Cava Group's annual sales growth target falls short of estimates

Cava Group on Tuesday forecast annual same-store sales growth largely below estimates as weak demand for dining out in the United States forces restaurants to take a cautious stance on

Cava Group's annual sales growth target falls short of estimates
Business|Economy|US

Small business owners feel more uncertain about the future

Small business owners felt more uncertain about the future in January, as they continue to deal with labor challenges and lingering inflation

Small business owners feel more uncertain about the future
Business|Economy|Food|US

McDonald's brushes off surcharges on eggs to attract customers

McDonald's said on Tuesday it would not impose any surcharges when serving eggs as part of its meals and will also launch $1 McMuffins on its app, in a move to attract consumers in the

McDonald's brushes off surcharges on eggs to attract customers
Business|Economy|Finance|Stock Markets|US

Fed expected to respond strongly to inflation, job market conditions, research shows

Investors and economists expect the U.S. central bank to respond "strongly and systematically"  to changes in inflation and the labor market, according to research published

Fed expected to respond strongly to inflation, job market conditions, research shows
Economy|Finance|Political|US

Fed's Barkin: Uncertainty warrants a cautious approach to monetary policy

Richmond Federal Reserve President Tom Barkin said on Tuesday he will follow a wait-and-see approach regarding central bank interest rate policy

Fed's Barkin: Uncertainty warrants a cautious approach to monetary policy
Business|Economy|Europe|Finance

ECB's Nagel sees more rate cuts as inflation outlook encouraging

The European Central Bank has room to cut its interest rates further if inflation eases to its 2% goal this year as it expects, ECB policymaker Joachim Nagel said on Tuesday,

ECB's Nagel sees more rate cuts as inflation outlook encouraging
Americas|Economy|Election|Political

Brazilian president's approval rating plunges as inflation bites

Support for Brazil's President Luiz Inacio Lula da Silva has dipped sharply and now trail his disapproval rating, a CNT/MDA poll showed on Tuesday, the latest in a series of

Brazilian president's approval rating plunges as inflation bites
Africa|Business|Economy|Finance|Political

South African central bank governor says trade and tax policies pose inflation risks

Global trade tensions and a potential value-added tax hike in South Africa could derail two years of slowing inflation, the country's central bank governor said

South African central bank governor says trade and tax policies pose inflation risks
Economy|Finance|Political|US

Head of Fed-watchdog task force in Congress plans broad US central bank review

The head of a new congressional panel gearing up to strengthen Capitol Hill's oversight of the Federal Reserve plans a broad review of how the U.S. central

Head of Fed-watchdog task force in Congress plans broad US central bank review
Business|Economy|Finance|Stock Markets|US

US consumer confidence plummets in February, biggest monthly decline since 2021

U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday

US consumer confidence plummets in February, biggest monthly decline since 2021
Business|Economy|Finance|MidEast

Bank of Israel holds rates but leaves hope for cuts this year

The Bank of Israel kept short-term interest rates unchanged for a ninth straight meeting on Monday, but held out the prospect for further easing this year should

Bank of Israel holds rates but leaves hope for cuts this year
Business|Economy|Food

Nestle India considering price hikes to counter commodity inflation, executive says

Nestle India will consider raising prices of its products by a small margin to counter inflation in coffee, cocoa and edible oil while aiming to keep sales

Nestle India considering price hikes to counter commodity inflation, executive says
Asia|Business|Economy

Singapore January core inflation at 0.8% in smallest annual rise since 2021

Singapore's key consumer price gauge rose 0.8% in January from a year earlier, lower than economists' forecasts and the smallest rise in more than three years,

Singapore January core inflation at 0.8% in smallest annual rise since 2021
Business|Economy|Europe|Finance|Political

ECB's Wunsch warns of risk of 'sleepwalking' into excessive rate cuts, FT reports

European Central Bank policymaker Pierre Wunsch said the euro zone faces the risk of "sleepwalking" into excessive interest rate cuts and must be prepared to stop soon, the Financial Times

ECB's Wunsch warns of risk of 'sleepwalking' into excessive rate cuts, FT reports
Business|Economy|Europe|Political|World

After three years of war, Trump hands Russian economy a lifeline

Russia's overheating economy is on the cusp of serious cooling, as huge fiscal stimulus, soaring interest rates, stubbornly high inflation

After three years of war, Trump hands Russian economy a lifeline
Business|Economy|Europe|Finance|Political|Stock Markets|US

Relief as German vote dodges extremes

A look at the day ahead in European and global markets from Wayne Cole.

Relief as German vote dodges extremes
Asia|Business|Economy

Thai finance minister sees room for easing ahead of central bank rate review 

Thailand's low inflation means there is room for an interest rate cut to boost economic growth and help weaken the baht to support exports, the finance minister said on

Thai finance minister sees room for easing ahead of central bank rate review 
Asia|Business|Economy|Finance

Bank of Thailand to hold rates at 2.25% on February 26, cut once in Q2: Reuters poll

The Bank of Thailand (BOT) will keep its key interest rate unchanged on Wednesday and cut only once this year to preserve a policy buffer amid growing global

Bank of Thailand to hold rates at 2.25% on February 26, cut once in Q2: Reuters poll
Economy|Education|Election|Political|US

Trump gets middling grades on Americans' top issues, Reuters/Ipsos poll finds

Americans give President Donald Trump middling marks on his handling of the economy and efforts to shrink the government and are unimpressed by

Trump gets middling grades on Americans' top issues, Reuters/Ipsos poll finds
Business|Economy|Europe|Finance|Political

Hungary's Orban launches tax exemption for mothers, cap on housing loan rates

Hungarian Prime Minister Viktor Orban announced an income tax exemption for mothers of two or three children and said he would cap interest rates on housing loans at 5% from April

Hungary's Orban launches tax exemption for mothers, cap on housing loan rates
Asia|Business|Economy|Stock Markets|US

Dow falls nearly 750 points and US stocks tumble as businesses and consumers worry about tariffs

U.S. stocks fell sharply after reports showed that worries among consumers and businesses about President Donald Trump’s policies may be hitting the economy

Dow falls nearly 750 points and US stocks tumble as businesses and consumers worry about tariffs
Economy|Finance|Political|Stock Markets|US

Dow tumbles more than 700 points as inflation and tariff fears mount

Dow tumbles more than 700 points as inflation and tariff fears mount

Dow tumbles more than 700 points as inflation and tariff fears mount
Americas|Business|Economy|Finance

Mexico headline inflation likely ticked up in first half of February: Reuters poll

Mexico's annual inflation rate likely rose during the first half of February as the core index remained flat, a Reuters poll predicted on Friday, boosting bets that the central

Mexico headline inflation likely ticked up in first half of February: Reuters poll
Economy|Finance|Political|US

New US House task force focused on the Fed sets first meeting

A new congressional task force focused on the Federal Reserve, set up by the head of a powerful committee who is critical of the U.S. central bank's approach to setting monetary policy,

New US House task force focused on the Fed sets first meeting
Americas|Business|Economy|Finance

Brazil's central bank director says rates will be adjusted as needed after March

Brazil's central bank is convinced that monetary policy is more restrictive than normal given its guidance for an upcoming interest rate hike, and will adjust it

Brazil's central bank director says rates will be adjusted as needed after March
Business|Economy|Europe|Finance

UK economy readings underscore Bank of England's dilemma

A flurry of often contradictory UK economic data and surveys this week has left the Bank of England none the wiser about whether Britain's economy is more at

UK economy readings underscore Bank of England's dilemma
Economy|Political|US

Could Trump really return DOGE savings to taxpayers?

An idea first proposed on social media has bubbled up to the White House and received President Donald Trump’s enthusiastic endorsement: Take some of the savings from billionaire Elon Musk’s drive to cut government spending and return it to taxpayers

Could Trump really return DOGE savings to taxpayers?
Business|Economy|Finance|Political|US

US consumer sentiment plunges over tariff and inflation fears

US consumer sentiment plunges over tariff and inflation fears

US consumer sentiment plunges over tariff and inflation fears
Americas|Economy|Finance|Political

Brazil sees challenge to bring in non-payers in tax overhaul

A major challenge of Brazil's income tax reform plan will be bringing people who do not currently pay the levy into the system for the first time, Finance Minister Fernando Haddad

Brazil sees challenge to bring in non-payers in tax overhaul
Asia|Business|Economy|Finance|Political

BOJ could raise interest rates in March, says ex-policymaker Shirai

The Bank of Japan may raise interest rates in March if U.S.

BOJ could raise interest rates in March, says ex-policymaker Shirai
Asia|Business|Economy

Tokyo inflation likely eased in Feb on govt steps amid inflation pressure: Reuters Poll

Consumer inflation in Tokyo likely slowed down in February as the government reinstated steps to ease the burden from energy bills as higher living costs haunt persistent inflation

Tokyo inflation likely eased in Feb on govt steps amid inflation pressure: Reuters Poll
Asia|Business|Economy|Finance

Japan's core inflation hits 19-month high, keeping alive BOJ rate-hike bets

Japan's core consumer inflation hit 3.2% in January for its fastest pace in 19 months, data showed on Friday, reinforcing expectations that the central bank will keep

Japan's core inflation hits 19-month high, keeping alive BOJ rate-hike bets
Australia|Business|Economy|Political

Australia's central bank cautious on rate cuts, all depends on data

Australia's central bank is cautious about cutting rates further given cost pressures in a hot labour market, but it will respond if

Australia's central bank cautious on rate cuts, all depends on data
Asia|Business|Economy

Japan's factory activity shrinks for 8th straight month, PMI shows

Japan's factory activity extended declines for an eighth straight month in February but at a slower pace, a private-sector survey showed on Friday, in a sign struggling factories may

Japan's factory activity shrinks for 8th straight month, PMI shows
Asia|Business|Economy

Bank of Korea to cut rates by 25 bps on February 25 amid growth worries: Reuters poll

The Bank of Korea (BOK) will cut its key interest rate by 25 basis points on Tuesday, offering support to an economy which barely grew last quarter, according to

Bank of Korea to cut rates by 25 bps on February 25 amid growth worries: Reuters poll
Business|Economy|Finance|Political|US

Fed should hold policy rate steady for 'some time,' Kugler says

Federal Reserve Governor Adriana Kugler on Thursday said she believes the U.S. central bank should leave its target for short-term borrowing costs in its current 4.25%-4.50% range, where

Fed should hold policy rate steady for 'some time,' Kugler says
Business|Economy|Finance|Political|US

Fed officials flag rising inflation risks, Trump policy uncertainty

Federal Reserve officials are taking note of what they see as rising inflation risks and the uncertain impact of President Donald Trump's trade, immigration and other

Fed officials flag rising inflation risks, Trump policy uncertainty
Asia|Business|Economy|Finance|Political|Stock Markets

Caution prevails amid jitters over tariffs and stagflation

A look at the day ahead in Asian markets.

Caution prevails amid jitters over tariffs and stagflation
Business|Economy|Finance|Political|Stock Markets|US

Fed's Musalem flags risk of rising inflation expectations

St.

Fed's Musalem flags risk of rising inflation expectations
Americas|Business|Economy|Political|World

Brazil's Lula warns of inflation risks from Trump tariffs

Brazilian President Luiz Inacio Lula da Silva said on Thursday that tariffs implemented by U.S.

Brazil's Lula warns of inflation risks from Trump tariffs
Business|Economy|Finance|Stock Markets|US

Walmart rolled through 2024, but uncertainty about consumers and tariffs seep into year ahead

Walmart delivered another year of strong sales and profits with its competitive prices an increasingly strong magnet for inflation-weary shoppers, but this year appears to come with new challenges in an uncertain economic landscape

Walmart rolled through 2024, but uncertainty about consumers and tariffs seep into year ahead
Economy|Finance|MidEast|Political

Bank of Israel to hold rates again after inflation spike: Reuters poll

The Bank of Israel is expected to leave short-term interest rates unchanged at a policy meeting next week after inflation spiked in January, although analysts

Bank of Israel to hold rates again after inflation spike: Reuters poll
Americas|Business|Economy|Finance

Bank of Mexico says it might cut interest rate by 50 basis points again

The Bank of Mexico said on Thursday that it might continue cutting the benchmark interest rate at future monetary policy meetings and could "consider

Bank of Mexico says it might cut interest rate by 50 basis points again
Economy|Political|US

Trump's approval rating slips as Americans worry about the economy

U.S.

Trump's approval rating slips as Americans worry about the economy
Business|Economy|Finance|Stock Markets|US

Walmart warns of a slower 2025. That’s a bad sign for America’s economy

Walmart warns of a slower 2025. That’s a bad sign for America’s economy

Walmart warns of a slower 2025. That’s a bad sign for America’s economy
Africa|Business|Economy|Finance

Nigeria keeps benchmark interest rate steady as inflation seen falling gradually

Nigeria's central bank left its benchmark interest rate unchanged on Thursday after six hikes last year, saying that it was reassured by

Nigeria keeps benchmark interest rate steady as inflation seen falling gradually
Business|Economy|Finance|Political|US

'Stagflation' fears haunt US markets despite Trump's pro-growth agenda

Stubborn inflation and President Donald Trump's hard-line trade policies have rekindled fears of stagflation, a worrying mix of sluggish growth and

'Stagflation' fears haunt US markets despite Trump's pro-growth agenda
Australia|Business|Economy|Finance|Stock Markets

Australia's Wesfarmers sees tariff inflation risk as profit beats forecast

Australia's biggest non-food retailer Wesfarmers said it may raise prices as a soft local dollar drives up supply costs and warned on Thursday that tariffs

Australia's Wesfarmers sees tariff inflation risk as profit beats forecast
Business|Economy|Finance|Political|US

Fed concerns rise as tariff threats ratchet higher and wider

U.S.

Fed concerns rise as tariff threats ratchet higher and wider
Business|Economy|Finance|Political|World

RBNZ Governor Orr says New Zealand is in a low and stable inflation environment

Reserve Bank of New Zealand Governor Adrian Orr said on Thursday that New Zealand was now in an environment of low and stable inflation but warned the volatile

RBNZ Governor Orr says New Zealand is in a low and stable inflation environment
Business|Economy|Finance|Political|US

Fed's Jefferson says Fed can take time on next interest rate decision

By Michael S.

Fed's Jefferson says Fed can take time on next interest rate decision
Business|Economy|Food|US

Chipotle Mexican Grill to hire 20,000 additional workers for 'burrito season'

Chipotle Mexican Grill will hire 20,000 additional employees for the period of March to May as the company gears up to cater to a surge in demand for its so-called "burrito season" during

Chipotle Mexican Grill to hire 20,000 additional workers for 'burrito season'
Americas|Business|Economy|Finance

Bank of Mexico sees recession possibility, halves 2025 growth view

The Bank of Mexico on Wednesday halved its growth forecast for the Mexican economy this year and even sees a possibility it will slide into a recession,

Bank of Mexico sees recession possibility, halves 2025 growth view
Business|Economy|Finance|Political|US

Potential impact of Trump policies stirring inflation concerns at Fed, minutes show

President Donald Trump's initial policy proposals raised concern at the Federal Reserve about higher inflation, with firms telling the U.S.

Potential impact of Trump policies stirring inflation concerns at Fed, minutes show
Economy|Finance|Political|US

Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts

Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged

Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts
Business|Economy|Finance

Canada's annual inflation in January edges up to 1.9%, core measures also up

Canada's annual inflation rate inched up to 1.9% in January

Canada's annual inflation in January edges up to 1.9%, core measures also up
Economy|Political|US

Trump acknowledges ‘inflation is back’ but blames Biden

Trump acknowledges ‘inflation is back’ but blames Biden

Trump acknowledges ‘inflation is back’ but blames Biden
Americas|Business|Economy|Finance|Stock Markets

Argentine, Turkish stocks could post more than 20% returns this year, says JPMorgan

J.P. Morgan said equity markets in Argentina and Turkey could post returns of more than 20% this year, driven by policy reforms aimed at reducing inflation levels.

Argentine, Turkish stocks could post more than 20% returns this year, says JPMorgan
Business|Economy|Europe

ECB's Panetta says Europe should consider simpler banking rules

Europe must avoid excessive regulation and could also consider simplifying existing rules, European Central Bank Governing Council member Fabio Panetta said on Wednesday.

ECB's Panetta says Europe should consider simpler banking rules
Australia|Business|Economy|Finance|Stock Markets

Guzman, Wesfarmers to deliver upbeat earnings for Australian discretionary retailers

Australia's discretionary retailers are expected to report improved half-yearly earnings, investors said, as easing inflation and tax cuts encouraged

Guzman, Wesfarmers to deliver upbeat earnings for Australian discretionary retailers
Asia|Business|Economy|Finance

BOJ policymaker calls for more rate hikes, warns of inflation risk

The Bank of Japan must raise interest rates more as keeping them at current low levels could cause excessive risk-taking and push up inflation too much, its board

BOJ policymaker calls for more rate hikes, warns of inflation risk
Australia|Business|Economy|Finance|World

NZ central bank cuts rates 50bps, flags steeper easing cycle to revive frail economy

New Zealand's central bank cut its benchmark rate by 50 basis points to 3.75% on Wednesday and flagged further reductions in borrowing costs amid moderating

NZ central bank cuts rates 50bps, flags steeper easing cycle to revive frail economy
Australia|Business|Economy|Finance

Australia Q4 wages rise at slowest pace in over 2 years

Australian wages rose at the slowest annual pace in more than two years in the fourth quarter even as unemployment stayed near historic lows, suggesting the strong

Australia Q4 wages rise at slowest pace in over 2 years
Business|Economy|Finance|Political|US

US consumers rush to buy as Trump tariffs fuel stockpiling, report finds

One in five Americans have said they are purchasing more items than usual primarily due to concerns over President Donald Trump's tariffs, a

US consumers rush to buy as Trump tariffs fuel stockpiling, report finds
Economy|Food|Health|Lifestyle|US

How inflation is hurting the diets of low-income Americans

Northwell Health partnered with Stacker to examine how rising prices for healthy foods impact low-income families, using data from the USDA's Healthy Eating Index.

How inflation is hurting the diets of low-income Americans
Business|Economy|US

US retail sales plunged along with temperatures in January after a bustling holiday season

U.S. retail sales dropped sharply last month, in part because cold weather kept more Americans indoors and dented sales at car dealers and most other stores

US retail sales plunged along with temperatures in January after a bustling holiday season
Business|Economy|Finance|US

Fed policy should stay restrictive until there's more inflation progress: Daly

San Francisco Federal Reserve Bank President Mary Daly on Tuesday said that while there is no reason to be discouraged about bumpy and sometimes imperceptible progress toward 2% inflation,

Fed policy should stay restrictive until there's more inflation progress: Daly
Americas|Business|Economy|Finance|Political

Instant view: Canada's annual inflation rate increases to 1.9% in January

Canada's annual inflation rate rose 1.9% in January, up from 1.8% in December as lower prices helped by a sales tax reprieve were partly offset by higher cost of gasoline and

Instant view: Canada's annual inflation rate increases to 1.9% in January
Asia|Business|Economy|Finance

BOJ may raise rates twice more this year, underpin yen, says ex-FX diplomat Watanabe

The Bank of Japan could raise interest rates twice more this year if inflation stays around current levels, which would help prevent the yen from

BOJ may raise rates twice more this year, underpin yen, says ex-FX diplomat Watanabe
Business|Economy|Europe|Finance|Political

UK's accelerating wage growth highlights BoE's inflation caution

British pay growth accelerated in late 2024, according to data that suggested the jobs market was holding up and underscored why the Bank of

UK's accelerating wage growth highlights BoE's inflation caution
Australia|Economy|Election|Finance|Political

Australia's central bank cuts rates, cautious on further easing

Australia's central bank cut rates for the first time in more than four years on Tuesday but warned it was too early to declare victory over inflation

Australia's central bank cuts rates, cautious on further easing
Australia|Economy|Finance|Political

Australian central bank cuts benchmark interest rate for the first time since October 2020

Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools

Australian central bank cuts benchmark interest rate for the first time since October 2020
Business|Economy|Finance|Political|US

Fed's Waller: Uncertainty over trade, other policies, shouldn't paralyze rate moves

Federal Reserve Governor Christopher Waller said his "baseline" view is that the Trump administration's new tariffs will have only a modest impact on prices

Fed's Waller: Uncertainty over trade, other policies, shouldn't paralyze rate moves
Business|Economy|Finance|Political|US

Fed's Harker supports steady interest rate policy stance for now

By Michael S.

Fed's Harker supports steady interest rate policy stance for now
Business|Economy|Finance|Political|US

Fed's Bowman: Greater confidence in falling inflation needed before more cuts

Federal Reserve Governor Michelle Bowman said on Monday she wanted increased conviction that inflation will decline further this year before lowering

Fed's Bowman: Greater confidence in falling inflation needed before more cuts
Business|Economy|Europe|Finance

Bank of England's Bailey says inflation is slowing, 2025 jump will not last

Bank of England Governor Andrew Bailey said in an interview published on Monday that inflation was slowing and an expected pick-up in price growth later this year was unlikely to

Bank of England's Bailey says inflation is slowing, 2025 jump will not last
Asia|Business|Economy|Finance|Political|Stock Markets

Stock market today: Global benchmarks trade mixed as investors continue to eye Trump

Global shares are trading mixed as investors continue to watch economic data and policy moves from U.S. President Donald Trump, as both are likely to impact upcoming central bank moves

Stock market today: Global benchmarks trade mixed as investors continue to eye Trump
Asia|Business|Economy|Finance

Japan braces for BOJ to lift rates sooner and higher

Hawkish comments from the Bank of Japan and sticky inflation are lifting bond yields to multi-year highs and pushing forward rate hike expectations, shaking long-held

Japan braces for BOJ to lift rates sooner and higher
Business|Economy|Health|Political|US

Your questions about Trump 2.0 — inflation, ignoring court orders, Medicaid and more — answered

Your questions about Trump 2.0 — inflation, ignoring court orders, Medicaid and more — answered

Your questions about Trump 2.0 — inflation, ignoring court orders, Medicaid and more — answered
Business|Economy|Europe|Finance|Political

ECB's Panetta sees little inflation impact from higher U.S. tariffs

Higher U.S. tariffs on European exports are likely to have little effect on euro area inflation, a top European Central Bank policymaker said

ECB's Panetta sees little inflation impact from higher U.S. tariffs
Business|Economy|Finance|Political|US

Fed's Logan calls for caution on rate cuts, even if inflation cools

Dallas Federal Reserve Bank President Lorie Logan on Friday reiterated her view that even if inflation nears the Fed's 2% goal in coming months, the U.S. central

Fed's Logan calls for caution on rate cuts, even if inflation cools
Business|Economy|Finance|Stock Markets|US

Investors pull out of US equity funds for a second successive week

U.S. investors pulled out of equity funds for the second consecutive week through February 12, driven by rising inflation, weaker economic data and concerns over President Donald Trump's

Investors pull out of US equity funds for a second successive week
Business|Economy|Finance|Political|World

Russia's Nabiullina on interest rates, rouble, inflation and Ukraine

Russian Central Bank Governor Elvira Nabiullina addressed a news conference on Friday after the central bank kept its key interest rate on hold at 21%. Nabiullina spoke in Russian.

Russia's Nabiullina on interest rates, rouble, inflation and Ukraine
Business|Economy|Finance|Political|Stock Markets|World

Russia keeps rates on hold as Trump-Putin contact boosts markets

The Russian central bank kept its benchmark interest rate on hold at 21% at a board meeting on Friday as the rouble and stock market rallied

Russia keeps rates on hold as Trump-Putin contact boosts markets
Business|Economy|Finance|US

US import prices rise moderately in January

U.S. import prices increased slightly less than expected in January as a surge in the cost of fuels was partially offset by decreases in the prices of motor vehicles and

US import prices rise moderately in January
Americas|Business|Economy|Finance

Brazil's central bank chief says bank can't act preemptively on economic slowdown

Brazil's central bank chief on Friday acknowledged market concerns about how the bank would react to an economic

Brazil's central bank chief says bank can't act preemptively on economic slowdown
Asia|Business|Economy|Finance|US

Dollar on track for weekly loss against euro as tariffs delayed

The dollar was on track for a weekly loss against the euro on Friday as a delay in the introduction of trade tariffs planned by U.S.

Dollar on track for weekly loss against euro as tariffs delayed
Asia|Business|Economy

Malaysia's economy ends 2024 on high note amid strong investment, domestic spending  

Malaysia's economy grew faster than expected in the fourth quarter of 2024 amid strong domestic demand and a recovery in exports, the central bank said on

Malaysia's economy ends 2024 on high note amid strong investment, domestic spending  
Business|Economy|Finance|Stock Markets|US

Walmart to shed light on consumer health as inflation bites, tariffs swirl

Walmart's quarterly report in the coming week will give investors fresh insight into the health of U.S. consumers, who are facing stronger inflation and

Walmart to shed light on consumer health as inflation bites, tariffs swirl
Business|Economy|Europe|Finance

Spain's EU-harmonised 12-month inflation rises to 2.9% in January

Spain's European Union-harmonised 12-month inflation rate rose to 2.9% in January from 2.8% in the period through December, final data released by the National Statistics Institute, or INE

Spain's EU-harmonised 12-month inflation rises to 2.9% in January
Asia|Business|Economy|Finance

Sri Lanka's cenbank sees inflation peak above target in Q2 next year

Sri Lanka's headline inflation is expected to peak around 2 percentage points above the central bank's target in the second quarter of 2026, the bank said in a monetary policy

Sri Lanka's cenbank sees inflation peak above target in Q2 next year
Asia|Business|Economy|Finance

Japan inflation likely hit 17-month-high in January on rising food prices - Reuters poll

Japan's core consumer price inflation likely accelerated in January from the previous month and rose at the joint-fastest pace in 17 months due to high food prices and reduced energy

Japan inflation likely hit 17-month-high in January on rising food prices - Reuters poll
Australia|Business|Economy|Finance

RBA to deliver first rate cut in a short series on February 18: Reuters poll 

Easing inflation has opened the door for the Reserve Bank of Australia to begin an anticipated brief series of interest rate cuts, starting with a quarter

RBA to deliver first rate cut in a short series on February 18: Reuters poll 
Asia|Business|Economy|Finance|Stock Markets|US

Wall St rallies as hot PPI looks cooler under surface

A look at the day ahead in Asian markets.

Wall St rallies as hot PPI looks cooler under surface
Business|Economy|Finance|Political|US

Trump’s latest tariff salvo is all bark and no bite – for now

Trump’s latest tariff salvo is all bark and no bite – for now

Economy|Election|Political|US

Americans voted for Trump. Did they vote for this?

Americans voted for Trump. Did they vote for this?

Asia|Business|Economy|Political|US

TODAY'S TARIFF NEWS FOLLOWS GRIM INFLATION REPORT (4aET)

Today's the day Trump says he's signing off on reciprocal tariffs, a day after a report showing higher-than-expected inflation.

TODAY'S TARIFF NEWS FOLLOWS GRIM INFLATION REPORT (4aET)
Australia|Business|Economy|Finance

RBNZ to cut rates by another 50 bps on February 19 on growth concerns: Reuters poll

New Zealand's central bank will follow through on plans to cut interest rates more with a 50 basis-point reduction on Wednesday to 3.75%,

RBNZ to cut rates by another 50 bps on February 19 on growth concerns: Reuters poll
Americas|Business|Economy

Argentina monthly inflation slows to lowest in over 4 years in January

Argentina's monthly inflation rate slowed to 2.2% in January, its lowest level since mid-2020, while landing slightly below analyst estimates, data from the INDEC statistics

Argentina monthly inflation slows to lowest in over 4 years in January
Asia|Economy|Finance|Political|US

Dollar dips as inflation data points to lower core PCE

The dollar slipped on Thursday after components of January’s producer price report pointed to lower inflation, and fell further after the White House said that

Dollar dips as inflation data points to lower core PCE
Business|Economy|Finance|Political|Stock Markets|US|World

Wall Street ends higher after Trump unveils tariff plan

The S&P 500 ended higher on Thursday, lifted by gains in Nvidia, Apple and Tesla, after U.S.

Wall Street ends higher after Trump unveils tariff plan
Business|Economy|Finance|US

Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective home shoppers as the spring homebuying season gets underway

Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline
Business|Economy|Europe|Finance

ECB can keep cutting rates even if Fed takes it slow, Vujcic says

The European Central Bank could cut interest rates three more times this year even if its U.S. counterpart moves more slowly but policy easing is predicated on a

ECB can keep cutting rates even if Fed takes it slow, Vujcic says
Africa|Business|Economy|Finance

Rwanda central bank holds key rate despite pickup in inflation

Rwanda's central bank kept its key interest rate unchanged at 6.5% for the second monetary policy meeting in a row, saying that despite a recent pickup in

Rwanda central bank holds key rate despite pickup in inflation
Business|Economy|Finance|US

Fed seen on hold until September, with rising bets on earlier rate cut

The Federal Reserve will likely wait until September before cutting its policy rate, traders bet on Thursday, as data kept alive worries over elevated inflation and a decline

Fed seen on hold until September, with rising bets on earlier rate cut