Trump has begun another trade war. Here's a timeline of how we got here
Canada's leader laments lost friendship with US in town that sheltered stranded Americans after 9/11
Chinese EV giant BYD's fourth-quarter profit leaps 73%
You're an American in another land? Prepare to talk about the why and how of Trump 2.0
Chalk talk: Star power, top teams and No. 5 seeds headline the women's March Madness Sweet 16
Purdue returns to Sweet 16 with 76-62 win over McNeese in March Madness
Economy|Finance|Political|Stock Markets|US
The state of the US economy, in 9 charts
The state of the US economy, in 9 charts
March 04, 2025inflation
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
March 04, 2025
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
March 04, 2025
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
March 04, 2025
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
March 03, 2025
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
January 31, 2025
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
March 03, 2025
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.
March 03, 2025
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
March 03, 2025
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
March 02, 2025
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.
February 28, 2025
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
February 28, 2025
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.
February 28, 2025
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
February 28, 2025
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
February 28, 2025
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
February 28, 2025
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
February 28, 2025
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.
February 28, 2025
Economy|Finance|Political|US
Fed's Hammack eyes steady balance sheet cuts amid US government financial uncertainty
By Michael S.
February 28, 2025
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
February 28, 2025
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-
February 28, 2025
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
February 28, 2025
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.
February 28, 2025
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,
February 28, 2025
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
February 27, 2025
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,
February 27, 2025
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
February 27, 2025
Business|Economy|Finance|US
Fed's Hammack says rates likely on hold for some time
By Michael S.
February 27, 2025
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.
February 27, 2025
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
February 27, 2025
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
February 27, 2025
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
February 27, 2025
Business|Economy|Food|US
Subway is bringing back discounted footlongs
Subway is bringing back discounted footlongs
February 27, 2025
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
February 27, 2025
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.
February 26, 2025
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
February 26, 2025
Business|Economy|Finance|Political|US
New York Fed research flags new inflation vector from tariffs on China imports
By Michael S.
February 26, 2025
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
February 26, 2025
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
February 26, 2025
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?
February 26, 2025
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
February 26, 2025
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
February 26, 2025
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
February 25, 2025
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
February 25, 2025
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
February 25, 2025
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
February 24, 2025
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
February 25, 2025
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,
February 25, 2025
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
February 25, 2025
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
February 25, 2025
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
February 25, 2025
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
February 25, 2025
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
February 24, 2025
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
February 24, 2025
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,
February 24, 2025
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
February 24, 2025
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
February 24, 2025
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.
February 24, 2025
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
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
February 24, 2025
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
February 23, 2025
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
February 22, 2025
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
February 21, 2025
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
February 21, 2025
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
February 21, 2025
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,
February 21, 2025
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
February 21, 2025
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
February 21, 2025
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
February 20, 2025
Business|Economy|Finance|Political|US
US consumer sentiment plunges over tariff and inflation fears
US consumer sentiment plunges over tariff and inflation fears
February 21, 2025
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
February 21, 2025
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.
February 21, 2025
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
February 21, 2025
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
February 20, 2025
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
February 21, 2025
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
February 21, 2025
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
February 21, 2025
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
February 20, 2025
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
February 20, 2025
Asia|Business|Economy|Finance|Political|Stock Markets
Caution prevails amid jitters over tariffs and stagflation
A look at the day ahead in Asian markets.
February 20, 2025
Business|Economy|Finance|Political|Stock Markets|US
Fed's Musalem flags risk of rising inflation expectations
St.
February 20, 2025
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.
February 20, 2025
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
February 20, 2025
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
February 20, 2025
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
February 20, 2025
Economy|Political|US
Trump's approval rating slips as Americans worry about the economy
U.S.
February 19, 2025
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
February 20, 2025
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
February 20, 2025
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
February 20, 2025
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
February 20, 2025
Business|Economy|Finance|Political|US
Fed concerns rise as tariff threats ratchet higher and wider
U.S.
February 19, 2025
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
February 19, 2025
Business|Economy|Finance|Political|US
Fed's Jefferson says Fed can take time on next interest rate decision
By Michael S.
February 19, 2025
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
February 19, 2025
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,
February 19, 2025
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.
February 19, 2025
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
February 19, 2025
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
February 18, 2025
Economy|Political|US
Trump acknowledges ‘inflation is back’ but blames Biden
Trump acknowledges ‘inflation is back’ but blames Biden
February 19, 2025
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.
February 19, 2025
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.
February 19, 2025
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
February 19, 2025
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
February 19, 2025
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
February 19, 2025
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
February 19, 2025
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
February 18, 2025
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.
February 18, 2025
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
February 14, 2025
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,
February 18, 2025
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
February 18, 2025
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
February 18, 2025
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
February 18, 2025
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
February 18, 2025
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
February 18, 2025
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
February 17, 2025
Business|Economy|Finance|Political|US
Fed's Harker supports steady interest rate policy stance for now
By Michael S.
February 17, 2025
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
February 17, 2025
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
February 17, 2025
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
February 17, 2025
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
February 17, 2025
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
February 15, 2025
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
February 15, 2025
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
February 14, 2025
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
February 14, 2025
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.
February 14, 2025
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
February 14, 2025
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
February 14, 2025
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
February 14, 2025
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.
February 14, 2025
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
February 14, 2025
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
February 14, 2025
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
February 14, 2025
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
February 14, 2025
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
February 14, 2025
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
February 14, 2025
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.
February 13, 2025
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
February 13, 2025
Economy|Election|Political|US
Americans voted for Trump. Did they vote for this?
Americans voted for Trump. Did they vote for this?
February 13, 2025
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.
February 13, 2025
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%,
February 13, 2025
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
February 13, 2025
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
February 13, 2025
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.
February 13, 2025
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
February 13, 2025
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
February 13, 2025
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
February 13, 2025
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
February 13, 2025
Africa|Economy|Political
Nigerian lawmakers pass increased budget of $36.6 billion for 2025
Nigerian lawmakers approved a budget of 54.99 trillion naira ($36.6 billion) for 2025, exceeding the proposal submitted by President Bola Tinubu, the parliamentary
February 13, 2025
Business|Economy|Europe
Norway central bank may soon be ready for 'a little' easing of rates, governor says
Norway's central bank is nearing its first interest rate cut in five years, although keeping inflation in check will require a higher cost of borrowing than for much
February 13, 2025
Business|Economy|Finance|Stock Markets|US
US producer inflation trends higher; labor market remains stable
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the
February 13, 2025
Americas|Economy|Political
Argentina inflation hits five-year low in win for Milei
Argentina's monthly inflation rate dropped to 2.2% in January, its lowest since mid-2020 after libertarian President Javier Milei took office just over a year
February 13, 2025
Business|Economy|Europe|Finance
Bank of England's Pill 'cautious' about further rate cuts
The Bank of England needs to move cautiously with cutting interest rates because the long process of wrestling down inflation is not yet
February 13, 2025
Americas|Business|Economy|Political
Brazil cuts economic growth forecast for this year to 2.3%, sees inflation at 4.8%
Brazil's government on Thursday lowered its economic growth forecast for this year to 2.3%, down from a previous estimate of 2.5% in November, as the economy slows from last
February 13, 2025
Business|Economy|Political|US
Inflation is Trump’s problem now
Inflation is Trump’s problem now
February 13, 2025
Business|Economy|Finance|US
December wholesale prices up a hot 0.4% as fight against inflation appears to have stalled
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting expectations for lower interest rates this year
February 13, 2025
Business|Economy|Finance|Food|Stock Markets|US
Denny’s is closing dozens more restaurants
Denny’s is closing dozens more restaurants
February 13, 2025
Business|Economy|Finance|US
The number of Americans seeking jobless benefits falls as employers continue to hold on to workers
U.S. applications for unemployment benefits fell last week as employers continue to retain workers despite resurgent inflation and elevated interest rates
February 13, 2025
Economy|Finance|Political|US
The latest inflation report shows that high prices are Trump's major economic challenge
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he expected
February 13, 2025
Asia|Australia|Business|Economy|Finance|Political|Stock Markets|US
Stocks tumble, dollar rallies as US inflation heats up
U.S. stock futures tumbled and the dollar rose on Wednesday after data showed consumer inflation picked up more than expected in January, underscoring Federal
February 09, 2025
Business|Economy|Finance|Food|US
'Hard to find anything good': CNN's Matt Egan explains why inflation jumped in January
Consumer prices surged last month, driving inflation up to 3% for the first time since last June. Egg prices drove a large part of the increase in food.
February 12, 2025
Economy|Finance|Political|US
US inflation jump puts Fed officials on notice as Powell testifies
Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives and the public that they may be
February 12, 2025
Business|Economy|Finance|Political|Stock Markets|US
Hotter January inflation jolts markets, dimming rate cut hopes
Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner the Federal
February 12, 2025
Americas|Business|Economy
Brazil's services activity posts surprise drop in December as economy cools
Services activity in Brazil ended 2024 on a negative note despite notching its fourth consecutive year of gains, with the sector unexpectedly slipping in December as the local
February 12, 2025
Business|Economy|Finance|Political|US
Trump says lower interest rates would go hand-in-hand with tariffs
President Donald Trump on Wednesday said that interest rates should be lowered and that would go "hand in hand" with his upcoming tariffs, despite economists' expectations that tariffs
February 12, 2025
Business|Economy|Election|Political|US
Trump has a plan to lower inflation. It’s just delayed
Trump has a plan to lower inflation. It’s just delayed
February 12, 2025
Economy|Finance|World
Russian consumer prices up 0.2% ahead of rate decision
Russian consumer prices rose by 0.23% in the week to February 10, bringing price growth to 1.53% since the start of the year, compared with 1.55% in the same period of last year,
February 12, 2025
Business|Economy|Finance|Political|US
Powell says Trump's comments won't affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions
February 12, 2025
Business|Economy|US
US inflation heats up to 3% for first time since June
US inflation heats up to 3% for first time since June
February 12, 2025
Business|Economy|Finance|Stock Markets|US
Hot Jan US CPI surprise argues for Fed staying in neutral
The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing
February 12, 2025
Business|Economy|Finance|Food|Stock Markets
Kraft Heinz forecasts bleak annual profit as higher prices hamper demand recovery
Kraft Heinz forecast annual profit below estimates and missed quarterly sales estimates on Wednesday, as the packaged food maker struggles with sluggish demand for its products such as
February 12, 2025
Americas|Business|Economy|Finance
Brazil's inflation slows in January but tightening cycle to continue
Brazil's inflation rate slowed in January from the previous month, data showed on Tuesday, but the 12-month rate was still above the upper end of the central bank's target range,
February 11, 2025
Asia|Business|Economy
Vietnam says to revise up 2025 GDP growth target to 8.0% from 6.5%-7.0%
Vietnam will officially revise up its gross domestic product growth target for 2025 to 8.0% from 6.5%-7.0%, Minister of Planning and Investment Nguyen Chi Dung said on Wednesday.
February 12, 2025
Business|Economy|Finance|Political|US
Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
U.S.
February 11, 2025
Economy|Finance|Political|Stock Markets|US
Powell says there's no rush to ease more given strong economy
The U.S.
February 11, 2025
Business|Economy|Finance|Political|US
Fed's Hammack sees need to hold rates steady for some time
Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday the need to get inflation back to target will keep monetary policy on pause for now.
February 11, 2025
Business|Economy|Europe|Finance
Bank of England's Mann says no to 'cut, cut, cut' on rates
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in interest rates last week did not mean she
February 11, 2025
Business|Economy|MidEast|Political|US
Too early to see impact of US tariffs on world economy, IMF head says
U.S. tariffs are an "evolving story" and it is too early to assess their impact on the world economy, International Monetary Fund Managing Director Kristalina Georgieva said on
February 11, 2025
Business|Economy|Finance|Political|World
Russia's budget deficit jumps 14-fold in January
Russia's fiscal deficit jumped 14-fold in January due to a 73.6% increase in spending at the start of the year, reaching 1.7 trillion roubles ($17.73 billion) or 0.8% of national
February 11, 2025
Asia|Economy|Election|Political|World
Bangladesh opposition says government aims to hold polls by December
Bangladesh is working towards holding general elections by December, the party of former Prime Minister Khaleda Zia said after some of its officials held a meeting with Muhammad
February 11, 2025
Business|Economy|Europe|Finance|Political
Bank of England's Mann sees consumer pricing near target in year ahead, FT reports
Bank of England policymaker Catherine Mann said companies will struggle to raise prices this year as consumers are hit by job losses and spending softens, the Financial Times reported on
February 11, 2025
Business|Economy|Finance|Political|US
Fed hawks and doves: what US central bankers are saying
U.S. central bankers paused interest-rate cuts at their January 28-29 meeting, noting bumpy progress toward their 2% inflation goal, a still-strong labor market, and a lot of uncertainty
January 15, 2025
Americas|Business|Economy|Political|US
An unwanted double: US sales fall for American whiskeys as threats of a trade war heat up
Like a watered-down drink, domestic sales for American whiskeys were unsatisfying in 2024 as inflation reined in consumer spending on some distilled spirits
February 11, 2025
Business|Economy|US
What’s propping up inflation? Blame housing
What’s propping up inflation? Blame housing
February 11, 2025
Australia|Business|Economy|Finance
Australian consumers stay cautious in February, survey says
Australian consumer sentiment remained in the doldrums in February, a survey showed on Tuesday, failing to benefit from slowing inflation or speculation about an imminent cut in
February 10, 2025
Business|Economy|Europe
UK retailers enjoy 'solid' start to 2025, BRC says
British retailers reported a reasonable start to 2025 after a disappointing 2024 but are concerned about rises in employment costs in April and broader inflation
February 11, 2025
Business|Economy|Finance|Political|US
Fed to wait for months on next rate cut as tariffs risk inflation flare up- Reuters poll
Faced with the threat of rising inflation, the U.S.
February 11, 2025
Australia|Business|Economy|Finance
Australia business confidence improves even as conditions slacken, survey says
A measure of Australian business activity eased in January as sales and profits softened, a survey showed on Tuesday, though confidence got a boost amid hopes for a near-term
February 11, 2025
Economy|Finance|Political|US
NY Fed finds mostly stable inflation expectations in January
By Michael S.
February 10, 2025
Africa|Economy|Finance|MidEast
Egypt annual inflation rate inches down to 24% in January
Egypt's annual urban consumer price inflation rate inched down to 24% year-on-year in January from 24.1% in December, data from statistics agency CAPMAS showed on Monday.
February 10, 2025
Americas|Business|Economy|Finance|Stock Markets
Labor, inflation to weigh on gold miners' results
Higher labor costs and sticky inflation could continue to weigh on gold miners' profits going into 2025, analysts said, but soaring prices of the yellow metal should still
February 10, 2025
Business|Economy|Finance|Political|US
Gold bulls lock in on glittering milestone; $3,000/oz in sight
U.S.
February 10, 2025
Economy|Finance|Political|World
Russian central bank expected to keep benchmark rate on hold on Feb 14: Reuters poll
The Russian central bank is expected to keep its benchmark interest rate on hold at a board meeting on February 14 but is likely to use more hawkish language
February 10, 2025
Economy|Finance|MidEast
Israel statistics bureau lowers food weighting, raises housing in CPI basket
Israel's main government data supplier said on Monday it was adjusting its inflation basket by boosting the weighting of housing, telecommunications and transportation, while
February 10, 2025
Americas|Business|Economy|Finance
Bank of Mexico's governor says inflation fight enters new phase
Mexico's inflationary environment is expected to allow policymakers to keep cutting the benchmark interest rate, the head of the Bank of Mexico told Reuters
February 10, 2025
Economy|MidEast|Political|US|World
Iran currency plunges to record lows amid escalating U.S. tensions
Iran's currency fell on Saturday to a new all-time low against the U.S. dollar after the country's supreme leader rejected talks with the United States and President Donald Trump
February 08, 2025
Economy|Finance|Political|Stock Markets|US
Fed officials see healthy jobs market, no rate-cut rush
Federal Reserve officials on Friday said the U.S. job market is solid and noted the lack of clarity over how President Donald Trump's policies will affect economic growth and
February 07, 2025
Business|Economy|Finance|Political|US
Fed's Kashkari sees policy rate 'modestly lower' at end-2025
Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said fresh data published Friday shows the labor market is strong, and if inflation continues to cool, the U.S. central
February 07, 2025
Economy|Political|US
Americans, including Republicans, now fear higher inflation this year
Americans, including Republicans, now fear higher inflation this year
February 07, 2025
Business|Economy|Europe|Finance
Stronger wage growth justifies caution on rates, says BoE's Pill
Bank of England Chief Economist Huw Pill said on Friday that an expected rise in inflation this year would probably not lead to second-round price
February 07, 2025
Business|Economy|Political|World
High inflation is key challenge for Russia's economy, prime minister tells Putin
High inflation is the key challenge for the Russian economy in 2025, while the economic growth rate is expected to fall from 4.1% recorded last
February 07, 2025
Americas|Economy|Finance
Mexico inflation slows in January as central bank steps up rate cuts
Mexico's annual inflation rate slowed slightly more than expected in January, official data showed on Friday, after the central bank accelerated the pace of its interest rate
February 07, 2025
Economy|Finance|MidEast|World
Turkish central bank says rate cuts 'not on autopilot', lifts inflation forecast
Turkey's central bank governor Fatih Karahan said on Friday the bank is "not on autopilot" after two straight interest rate cuts and its
February 07, 2025
Asia|Business|Economy|Finance|Stock Markets
India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India (RBI) cut its key interest rate for the first time in nearly five years on Friday, as it seeks to boost the sluggish
February 07, 2025
Business|Economy|Europe|Fashion and Beauty|Political
Britain's struggling low-income shoppers challenge growth agenda
Deb Taylor emerged empty-handed from her branch of budget fashion retailer Primark in Southampton, southern England,
February 07, 2025
Business|Economy|Europe|Finance
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate for the third time in six months
February 06, 2025
Business|Economy|Finance|Political|US
Boston Fed maps out inflation response to Trump trade tariffs
By Michael S.
February 06, 2025
Economy|Finance|US
Dallas Fed's Logan signals rate cuts require US labor market cooling
(Rueters) - Dallas Federal Reserve Bank President Lorie Logan on Thursday signaled she was ready to keep interest rates on hold for "quite some time" even if inflation drops closer to the Fed's 2%
February 06, 2025
Americas|Economy|Political
Argentina analysts more upbeat on 2025 inflation, economic growth
Argentine analysts nudged down their forecasts for this year's inflation, according to the central bank's market expectations survey published on Thursday, while also turning slightly more
February 06, 2025
Asia|Business|Economy
BOJ's fresh take on labour crunch opens door for more rate hikes
The Bank of Japan is increasingly blaming chronic labour shortages, not stagnant demand, as the main reason for its weak economic activity, a justification it may use
February 06, 2025
Business|Entertainment|Finance|Stock Markets|Technology
Take-Two forecasts downbeat Q4 bookings, reiterates 'GTA VI' launch in fall
Take-Two Interactive Software forecast its fourth-quarter bookings below estimates on Thursday, owing to weaker spending on mobile games as consumers grapple with
February 06, 2025
Business|Economy|Finance|Political|US
US bond market lukewarm on Bessent's 10-year yield pledge
U.S.
February 06, 2025
Business|Economy|Finance|US
Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach
A full-employment economy with solid growth and falling inflation will let the U.S.
February 06, 2025
Americas|Economy|Food|Political
Brazil's Lula voices concern about food prices but sees inflation 'under control'
Brazilian President Luiz Inacio Lula da Silva said on Thursday that he is "worried" about high food prices in the country, but projected price growth would slow going forward and
February 06, 2025
Africa|Economy|Finance
Zimbabwe central bank keeps policy rate at 35%
Zimbabwe's central bank said on Thursday that its monetary policy rate had been kept unchanged at 35%.
February 06, 2025
Business|Economy|Europe
UK firms trim wage growth expectations, BoE survey shows
British companies' expectations for wage growth fell marginally in January and expectations for employment growth also declined in part due to a looming increase in payroll taxes, a
February 06, 2025
Americas|Business|Economy|Finance
Mexico headline inflation likely fell again January: Reuters poll
Mexico's annual inflation rate likely slid to its lowest level in four years in January, a Reuters poll of analysts predicted on Thursday, boosting bets the central bank will
February 06, 2025
Business|Economy|Europe|Finance|Political
Bank of England cuts rates and growth outlook, sees inflation 'bump'
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would
February 06, 2025
Americas|Business|Economy|Finance|Political
Brazil's finance minister sees inflation above target until June
Brazil's finance minister expects inflation to "surprise positively" this year as the central bank tightens its monetary policy, but acknowledged in an interview aired late on
February 06, 2025
Business|Economy|Europe|Finance|Stock Markets
Focus swings back to rate moves, company earnings
A look at the day ahead in European and global markets from Rae Wee Investors in Europe will wake up to an action-packed Thursday spanning a rate decision from the Bank of England (BoE) and a flurry
February 06, 2025
Business|Economy|Europe|Finance
Reuters interview with ECB board member Cipollone
The following is the transcript of Reuters interview with ECB board member Piero Cipollone. For a main interview story, click here.
February 06, 2025
Business|Economy|Europe|Political
Europe could be a big loser in US-China trade war, ECB warns
European Central Bank interest rates have room to fall further as inflation moderates, ECB board member Piero Cipollone said, warning that
February 06, 2025
Business|Economy|Europe|Finance|Political
Bank of England poised to cut rates but inflation worries linger
The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the COVID-19 pandemic in 2020, as it
February 06, 2025
Business|Economy|Europe|Finance
Czech central bank cuts key interest rate to 3.75% as inflation stays higher than expected
The Czech Republic’s central bank has cut its key interest rate again amid higher than expected inflation
February 06, 2025
Asia|Business|Economy
Hawkish BOJ policymaker urges raising rates to at least 1%
The Bank of Japan must raise interest rates to at least 1% by the second half of the fiscal year beginning in April, hawkish board member
February 06, 2025
Economy|Finance|Political|US
Fed's Jefferson: In no rush to reduce level of policy restraint
U.S.
February 06, 2025
Business|Economy|Political|US
Fed's Goolsbee warns of potential inflationary impact of tariffs
Chicago Federal Reserve President Austan Goolsbee warned on Wednesday that ignoring the potential inflationary impact of tariffs would be a mistake, citing the COVID-19 pandemic experience
February 05, 2025
Business|Economy|Finance|Political|US
Fed officials note abundance of uncertainty in Trump's policy moves
Federal Reserve officials on Wednesday pointed to the large policy uncertainty around tariffs and other issues arising from the early days of
February 05, 2025
Americas|Business|Economy|Finance
Mexico's central bank will likely bring interest rate down to 9.5%: Reuters poll
Mexico's central bank will likely cut its benchmark interest rate by 50 basis points later this week, taking it to 9.50%, a Reuters poll showed on Wednesday, as inflation cools
February 05, 2025
Business|Economy|Europe|Finance|Political
ECB's Centeno hopes key interest rate will drop to 2% sooner, not later
The European Central bank may need to cut interest rates below a neutral level to stimulate economic growth as inflation is at risk of falling
February 05, 2025
Economy|Election|Europe|Political
Hungary's shaky economy disrupts Orban's re-election playbook
Hungarian Prime Minister Viktor Orban's hopes that a strong economy will propel his Fidesz party to another election victory in 2026 are being challenged by a
February 05, 2025
Business|Economy|Europe
UK services firms speed up job cuts but price pressures strong, PMI shows
British services firms lost momentum last month as a looming rise in employer taxes led to the fastest job cuts in four years but price pressures remained strong, according to a
February 05, 2025
Business|Economy|Finance|Political|US
Morgan Stanley revises Fed rate cut forecast amid tariff uncertainty
Morgan Stanley joined Barclays and Macquarie in forecasting a single 25 basis point interest rate cut by the U.S.
February 05, 2025
Africa|Business|Economy|Finance
Kenya private sector activity expands weakly in January, PMI shows
Kenya's private sector activity expanded for a fourth straight month in January but only modestly and at a slower pace than in December, a survey showed on Wednesday.
February 05, 2025
Business|Economy|Europe
Russian services sector sees fastest growth in a year, PMI shows
Russia's services sector saw its fastest growth in a year in January, buoyed by a sharp increase in new business, a survey showed on Wednesday.
February 05, 2025
Asia|Business|Economy
BOJ keeps up rate-hike signal as wages rise
The Bank of Japan will continue to raise interest rates if underlying inflation accelerates toward its 2% target as projected, a senior central bank official said on
February 05, 2025
Asia|Business|Economy|Finance
Philippine central bank to take 'measured approach' in easing as inflation steadies
The Philippine central bank will take a "measured approach" in easing policy rates, it said on Wednesday, as annual inflation held steady at 2.9% in January,
February 05, 2025
Asia|Business|Economy
Japan inflation-adjusted wages rise in December on jump in bonuses
Japan's December inflation-adjusted real wages rose 0.6% year-on-year thanks to a wintertime bonus bump, preliminary government data showed on Wednesday, with government officials
February 04, 2025
Business|Economy|Finance|US
Fed's Jefferson: Rates likely to fall over medium term
The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said on Tuesday, reiterating the U.S. central
February 05, 2025
Americas|Business|Economy|Finance
Brazil 2025 public debt seen rising by double-digits, rate-linked bonds soar
Brazil's Treasury on Tuesday estimated that federal public debt will rise up to 16% this year, as bonds linked to the benchmark interest rate potentially exceed
February 04, 2025
Business|Economy|Political|US
Trump’s tariff tactics carry higher economic risks than during his first term
When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and import taxes on U.S. trading partners created chaos, generated drama -- and drew criticism from mainstream economists who favor free trade
February 04, 2025
Business|Economy|Finance|Political|Stock Markets|US
Investors on guard as US tariff threats evolve
Investors are seeking to protect portfolios from the potential economic fallout from President Donald Trump's tariff plans even as many on
February 04, 2025
Business|Economy|Finance|US
US job openings fall to 7.6 million in December, suggesting the job market is slowing but healthy
U.S. job openings fell in December, a sign that the labor market is cooling but remains healthy
February 04, 2025
Asia|Business|Economy|Political|US
TARIFF ON CHINESE IMPORTS START AND EU COULD BE NEXT (4aET)
China's retaliating against US tariffs that started today, as Europe braces for a potential trade showdown with Trump next.
February 04, 2025
Business|Economy|Political|Technology|US
What will get more expensive now that Trump imposed his tariffs
What will get more expensive now that Trump imposed his tariffs
February 04, 2025
Americas|Business|Economy
Brazil's central bank sees economic cooling as key, flags fiscal and FX risks
Brazil's central bank on Tuesday stressed that cooling economic activity is crucial for bringing inflation to target, while labeling the unanchoring of inflation
February 04, 2025
Economy|Europe|Finance|Health|Political
Poland needs to cut spending and raise taxes, OECD says
Poland's higher social, health and defence spending requires sustained fiscal adjustment to reduce the budget deficit and avoid excess demand, the Organisation for Economic Co-
February 04, 2025
Africa|Business|Economy|Political
Nigeria union suspends planned protest over telecom tariff, enters talks with government
Nigeria's largest labour union has suspended a planned nationwide protest against a 50% hike in telecommunications tariffs and will negotiate with the government to
February 04, 2025
Economy|Europe|Finance|Political|US
Central bank body urges policy revamps to heed COVID lessons
Central bank body the Bank for International Settlements has urged the likes of the Federal Reserve and European Central Bank to revamp the way they approach interest
February 03, 2025
Business|Economy|Political|US
Fed officials see inflation risks from Trump's tariffs
By Michael S.
February 03, 2025
Asia|Business|Economy|Finance|Political|Stock Markets|US
Trump's trade war salvo heightens market turbulence
Financial markets that had banked on avoiding trade wars are recalibrating the possibility of
February 03, 2025
Americas|Economy|Finance|Political
Brazil inflation to ease further this year, Lula tells Congress
Inflation in Brazil is expected to ease further this year and near the mid-point of the central bank's 3% target by mid-2026, President Luiz Inacio Lula da Silva said in a
February 03, 2025
Business|Economy|Finance|Political|Stock Markets|US
PIMCO focuses on Trump's market-tuned policy tweaks amid inflation risks
U.S.
February 03, 2025
Business|Economy|Finance|Political|World
Trump's tariffs raise fears Brazil's central bank is out of step on inflation
Brazilian analysts say the tariffs announced by U.S.
February 03, 2025
Business|Economy|Finance|Political|Stock Markets|US
Wall Street rattled by back-and-forth over Trump’s tariffs
Wall Street rattled by back-and-forth over Trump’s tariffs
February 03, 2025
Economy|Health|MidEast
Health payment changes to drive Turkish inflation higher in Feb, economists say
A recent change in Turkey's health regulations is expected to add 0.6 percentage points to inflation in February and push annual inflation up by 1.5 percentage points, economists
February 03, 2025
Business|Economy|Europe|Political|US
Reactions to Trump's steep tariffs on Mexico, Canada and China
European leaders were bracing for U.S. tariffs after sweeping levies imposed by U.S.
February 03, 2025
Business|Economy|Europe
UK factory activity contracts for fourth straight month in January, PMI shows
British factories reported another tough month in January as output, new orders and employment all fell, with companies hit by higher costs even before payroll
February 03, 2025
Economy|Finance|Political|Stock Markets|US
Americans have high hopes for Trump's economy, Gallup poll shows
Americans are more bullish on the U.S. economy and the stock market and more hopeful about falling inflation and borrowing costs than they have been in a decade or more, including in the
February 03, 2025
Economy|Europe|Finance
ECB 'not quite there' with rate cuts but cautious flexibility needed, Kazimir says
European Central Bank interest rates have room to fall further given weak growth and a slowdown in inflation, but uncertainty is so high that any more precise guidance on rates
February 03, 2025
Business|Economy|Europe|MidEast
Turkey's manufacturing sector contracts further in January, PMI shows
Turkey's manufacturing sector contracted at a sharper pace in January as output, new orders, and employment all fell, a business survey showed on Monday.
February 03, 2025
Business|Economy|Education|Finance|Health|MidEast
Turkish inflation rate up at 5.03% in January after price adjustments
Turkey's monthly inflation rate climbed more than expected to 5.03% in January due to a minimum wage hike and several new-year price updates while annual inflation fell to 42.12%,
February 03, 2025
Business|Economy|Finance|MidEast|World
Turkey monthly inflation to accelerate in January, annual rate seen slowing to 41.25%
Turkey's monthly inflation rate is expected to rise sharply to 4.35% in January, driven by an annual hike in the minimum wage and various new year price adjustments, while the
January 29, 2025
Asia|Business|Economy|Political
South Korea factory activity expands as output grows on overseas demand, PMI shows
South Korea's factory activity expanded marginally in January, with production rising for the first time in five months on robust overseas demand, a private-sector
February 03, 2025
Business|Economy|Political|US
Trump says Americans could feel 'some pain' from tariffs as he threatens more import taxes
President Donald Trump says Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China
February 02, 2025
Business|Economy|Finance|Political|Stock Markets|US
Wall Street girds for market impact of Trump tariffs
Global markets buckled up for a turbulent session on Monday after U.S.
February 02, 2025
Business|Economy|Political|US
US businesses brace for Trump's tariffs on Canada, Mexico and China to drive up costs
From an ice cream parlor in California to a medical supply business in North Carolina to a T-shirt vendor outside Detroit, U.S. businesses are bracing to take a hit from the taxes President Donald Trump has imposed on imports from Canada, Mexico and China, America’s three biggest trading partners
February 02, 2025
Business|Economy|Political|US
Trump’s tariffs are a $1.4 trillion gamble with the economy and prices
Trump’s tariffs are a $1.4 trillion gamble with the economy and prices
February 02, 2025
Business|Economy|Europe|Political
French PM urges ECB to cut rates to boost growth
French Prime Minister Francois Bayrou urged the European Central Bank to cut rates faster to help bolster economic growth in Europe now that inflation is back to normal levels,
February 01, 2025
Business|Economy|Food|Lifestyle|Sports
Winging it for the Super Bowl? Broccoli might be a cheaper party snack this year
The cost of hosting a Super Bowl party is expected to barely budge this year, with an average increase of about 10 cents from the previous year
February 01, 2025
Business|Economy|Finance|Stock Markets|US
Traders bet Fed's next rate cut will wait until June
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data showed inflation by the U.S. central bank's targeted measure
January 31, 2025
Asia|Business|Economy|Finance|Political
Modi turns to India's vast middle class to revive growth in rough global year
India slashed personal tax rates in its annual budget on Saturday, as the world's fifth largest economy focuses on
February 01, 2025
Business|Economy|Finance|Political|Stock Markets|US
Looming tariffs worry Wall Street over earnings hit, inflation pressure
Investors are bracing for a looming hit to U.S. corporate profits and pressure on inflation if President Donald Trump makes
January 31, 2025
Business|Economy|Food|Political|US
Trump tariffs to stoke US food inflation despite pledge to lower costs
U.S. consumers grappling with soaring prices for beef and eggs will face even higher costs for meat, vegetables and fruit if President
January 31, 2025
Americas|Business|Economy|Finance|Political
Colombia central bank holds benchmark interest rate at 9.50% in surprise move
Colombia's central bank held the benchmark interest rate at 9.50% on Friday, surprising the market, which expected policymakers to vote for a
January 31, 2025
Business|Economy|Finance|Political|US
Fed officials wait for clarity on Trump policies
Two Federal Reserve officials seen as representing contrasting sides of the policy spectrum said on Friday they'll be watching the impact of
January 31, 2025
Business|Economy|Finance|Political|US
Fed's Goolsbee comforted by latest inflation data, worried about tariffs
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and gives him comfort that inflation is on path to the 2% target,
January 31, 2025
Business|Economy|Finance|Stock Markets|US
Instant View: US Dec PCE inflation uptick supports Fed hold
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year.
January 31, 2025
Economy|Finance|US
The Fed’s go-to inflation gauge heated up again
The Fed’s go-to inflation gauge heated up again
January 31, 2025
Economy|Finance|Political|Stock Markets|US
Financial conditions undercut Fed's 'restrictive' view: McGeever
U.S. interest rate cycles are driven largely by how restrictive or accommodative the Federal Reserve thinks monetary policy is.
January 31, 2025
Asia|Business|Economy|Finance
Who are the BOJ's doves and hawks?
The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely
March 18, 2024
Asia|Business|Economy|Finance
Japan set for first household spending increase in five months- Reuters poll
Japan is expected to report its first year-on-year increase in household spending in five months, a Reuters poll showed on Friday, although the rise appears to be marginal,
January 31, 2025
Asia|Business|Economy|Finance|Technology
BOJ expects rising inflation to spur demand for new financial services
Japan needs to promote digitalisation as rising inflation and interest rates will increase demand for new financial services from households, a Bank of Japan executive said on Friday
January 31, 2025
Asia|Economy|Food|Lifestyle
Homegrown veg, cheap substitutes: Japanese get creative to fight soaring food prices
Japanese homemaker Kirina Mochizuki has always considered "okonomiyaki" savoury pancakes the ultimate comfort food: simple, satisfying and cheap.
January 31, 2025
Asia|Business|Economy
Core inflation in Japan's capital hits 1-year high, keeps BOJ rate-hike bets alive
Core inflation in Japan's capital hit 2.5%, marking the fastest annual pace in nearly a year, well exceeding the central bank's 2% target and keeping alive market
January 30, 2025
Americas|Business|Economy
Argentina central bank cuts interest rate to 29%, from 32%
Argentina's central bank cut its benchmark interest rate by 300 basis points to settle at 29%, it announced in a statement on Thursday, as inflation continues its downward path
January 30, 2025
Asia|Business|Economy|Finance
Bank of Japan board reshuffle to bring it closer to 'normal' central banking
The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely
January 30, 2025
Business|Economy|Finance|US
Caterpillar warns of sales drop in 2025 on weak equipment demand
Caterpillar warned of a slight sales drop in 2025, as dealers scale back purchase of equipment due to weak demand driven by high borrowing costs and persistent inflation,
January 30, 2025
Americas|Business|Economy|Finance|Political
Argentina markets brace for rate cut as peso 'crawling peg' slows
Traders and analysts expect Argentina's central bank to lower its benchmark interest rate as soon as Thursday, as inflation falls sharply and as the bank is
January 30, 2025
Business|Economy|Europe|Finance
ECB cuts rates and governors expect more amid weak growth
The European Central Bank cut interest rates on Thursday and policymakers guided for a further reduction in March as concerns over
January 29, 2025
Business|Economy|Europe|Finance
ECB governors see one more cut before debate heats up, sources say
A further European Central Bank interest rate cut is likely to go through in March without much resistance among policymakers before the debate between them on further easing
January 30, 2025
Business|Economy|Europe|Finance
ECB cuts interest rates and keeps more easing on table
The European Central Bank cut interest rates as expected on Thursday and kept more easing on the table, sticking to its view that inflation in the euro zone is increasingly under
January 30, 2025
Business|Economy|Europe|Political
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading economies France and Germany
January 30, 2025
Business|Economy|Finance|Stock Markets|US
Tractor Supply misses quarterly results estimates on soft big ticket spending
Farming supplies retailer Tractor Supply missed Wall Street expectations for fourth-quarter results on Thursday, hurt by tepid demand for big-ticket items such as garden equipment and
January 30, 2025
Business|Economy|Europe|Finance
Lagarde's statement after ECB policy meeting
Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: Link to statement on ECB website: Good afternoon, the
January 30, 2025
Business|Economy|Europe|Finance|Stock Markets
ECB cuts rates again, keeps door open to further easing
The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about
January 30, 2025
Americas|Business|Economy
Peru's dollar mountain lets sol currency shine among Latam peers
Peru's sol has become Latin America's most stable currency, shaking off political turmoil in the nation that's had five presidents in as many years and seen deadly
January 30, 2025
Economy|Europe|Finance
Spain's 12-month EU-harmonised 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, preliminary data from the National Statistics Institute (INE)
January 30, 2025
Asia|Business|Economy|Finance
BOJ will keep raising rates if economy on track, deputy governor Himino says
Bank of Japan Deputy Governor Ryozo Himino said on Thursday that the central bank will continue to raise interest rates if the economy and prices move in line with
January 30, 2025
Business|Economy|Europe|Finance
Bank of England readies rate cut and could hint at more to come
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy
January 30, 2025
Business|Economy|Finance|Stock Markets|Technology|US
US stock market confronts risks as investors grapple with tech, Fed outlook
Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is
January 30, 2025
Business|Economy|Finance|Stock Markets|US
Fed rate actions in 2025 seen in a narrow band, Goldman Sachs CEO says
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation changes, Goldman Sachs CEO David Solomon said in comments
January 30, 2025
Economy|Finance|Political|Stock Markets|US
Fed stands pat, leans hawkish with omission of inflation-progress reference
The Federal Reserve left interest rates in the 4.25% to 4.50% target range on Wednesday and gave little insight into when further easing may take place in an economy where inflation remains
January 29, 2025
Americas|Business|Economy|Finance
Brazil central bank hikes rates by 100 bps, confirms same in March
Brazil's central bank raised its benchmark interest rate by 100 basis points for the second straight meeting on Wednesday and signaled another hike of that size
January 29, 2025
Economy|Finance|Political|US
Fed leaves rates unchanged, sees no hurry to cut again
By Howard Schneider, Michael S.
January 29, 2025
Business|Economy|Finance|Political|US
Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump
The Federal Reserve left its key interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue
January 28, 2025
Business|Economy|Finance|Political|US
Key takeaways from the Fed’s decision to pause interest rate cuts
Key takeaways from the Fed’s decision to pause interest rate cuts
January 29, 2025
Business|Economy|Europe|Finance
Czech central banker Frait sounds caution on scope for rate cuts in 2025
The Czech National Bank (CNB) has limited room to ease monetary policy this year, with domestic inflation threats warranting caution, and there will
January 29, 2025
Asia|Economy|Political
More Indians losing hope of improved quality of life under Modi, survey shows
More Indians are becoming less hopeful about their quality of life as stagnant wages and higher living costs cloud future prospects, a survey showed, in disappointing news for
January 29, 2025
Business|Economy|Finance|Political
Bank of Canada cuts growth forecasts for 2025 and 2026
The Bank of Canada on Wednesday cut its growth forecasts for both 2025 and 2026, citing the dampening effect of government policies designed to curb population growth.
January 29, 2025
Business|Economy|Europe|Finance
Swedish central bank cuts policy rate to support weak economy
Sweden's central bank cut its key policy rate to 2.25% from 2.50% as expected on Wednesday to boost sluggish economic growth and said its forecast for interest rates held though
January 29, 2025
Business|Economy|Europe|Finance
Swedish economy grows 0.2% in Q4, flash figures show
Sweden's gross domestic product grew 0.2% in the fourth quarter from the previous three-month period, a flash estimate from the statistics office showed on Wednesday.
January 29, 2025
Asia|Business|Economy|Finance|Political
India's economy faces slowing growth, volatile trade ahead of new financial year
Indian Prime Minister Narendra Modi may seek to arrest slowing economic growth in the world's fifth-largest economy and prepare for an uncertain year of global trade when his
January 29, 2025
Asia|Business|Economy
Kuroda's 'bazooka' was losing fans within BOJ by time it was expanded, minutes show
Some Bank of Japan policymakers began to lose faith in the power of former Governor Haruhiko Kuroda's "bazooka" stimulus less than two years after its introduction,
January 29, 2025
Business|Economy|Europe|Finance
BMW expects full-year earnings margin in lower half of 6-7% target
BMW expects its fourth-quarter pre-tax earnings to be significantly below last year and its full-year margin to be in the lower half of its 6-7% target, according to slides posted on the
January 28, 2025
Business|Economy|Finance|Political|US
Bank lending prospects among key inputs for policymakers at Fed meeting
By Michael S.
January 28, 2025
Business|Economy|US
US consumer confidence deteriorates further in January
U.S. consumer confidence weakened for a second straight month in January amid renewed concerns about the labor market and inflation.
January 28, 2025
Business|Economy|Election|Political|US
Trump pledged to bring down food prices on Day One. Instead, eggs are getting more expensive
Trump pledged to bring down food prices on Day One. Instead, eggs are getting more expensive
January 28, 2025
Asia|Business|Economy|Finance
BOJ to raise rates again by July, eventually eye hike to 1.5%, says ex-policymaker
The Bank of Japan will likely raise interest rates again around June or July, and seek to triple its policy rate to at least 1.5% in the next two
January 28, 2025
Business|Economy|Finance|Political|US
Federal Reserve expected to stand pat on rates even as Trump demands cuts
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates
January 27, 2025
Business|Economy|Finance|Political|Stock Markets|US|World
Global economy takes Trump guessing-game in stride
Global economic policymakers had been braced for an economic firestorm from the new U.S. administration but instead got a surprisingly
January 27, 2025
Economy|Europe|Political
ECB's Lagarde warns over cost of losing independence
Central bank independence is being challenged in parts of the world and greater political influence could undermined banks' ability to keep inflation down, risking economic
January 27, 2025
Economy|Election|Political|US
Trump says inflation isn't his No. 1 issue. So what will happen to consumer prices?
Inflation was a driving force behind Donald Trump's election victory, but he's put the issue on the back burner during his first week in office
January 26, 2025
Business|Economy|Food|US
Expect record-high egg prices for most of the year
Expect record-high egg prices for most of the year
January 25, 2025
Business|Economy|Finance|Political|US
A Fed on hold, for now, eyes strong jobs, easing inflation
At their last meeting in December, U.S.
January 24, 2025
Asia|Business|Economy|Finance|Stock Markets
Stock market today: Wall Street edges back from its record
U.S. stocks edged back from their all-time high as they closed out a second straight winning week
January 24, 2025
Asia|Business|Economy|Finance|Political|Stock Markets|US
US dollar posts biggest weekly loss since November 2023 on tariff angst
The U.S. dollar slid on Friday and was set for its biggest weekly loss in over a year after President Donald Trump suggested a softer
January 21, 2025
Business|Economy|Political|US
5 economic forces that could shape the first year of Trump's presidency
Like most presidents, Donald Trump faces an economy that seldom bends to political ambitions
January 24, 2025
Business|Economy|Political|US
US business activity at nine-month low in January; hiring accelerates
U.S. business activity slowed to a ninth-month low in January amid rising price pressures, but firms reported boosting hiring, supporting the Federal Reserve's
January 24, 2025
Americas|Business|Economy|Food
More rate hikes likely coming in Brazil as inflation overshoots forecasts
Brazil's annual inflation rate slowed less than expected in early January, official data showed on Friday, cementing the likelihood that the central bank will hike interest rates
January 24, 2025
Business|Economy|Europe|Finance|World
Russian companies expect 2025 inflation above 10%, central bank survey shows
Russian companies surveyed by the central bank expect inflation in 2025 of 10.7%, more than double the official forecast, and named labour shortages as one of the main factors
January 24, 2025
Americas|Business|Economy|Finance
Brazil central bank to raise rates another 100bps in January: Reuters poll
Brazil's central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with more to increases follow, taking the cost of borrowing to
January 24, 2025
Business|Economy|Finance|Political|World
World inflation not fully defeated yet, IMF's Georgieva says
Global policymakers have made remarkable progress in tackling inflation without inducing a recession, but some work remains to be done, International Monetary Fund Managing Director
January 24, 2025
Business|Economy|Europe|Finance
Stumbling growth and stubborn inflation: the BoE's rate cut challenge
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut
January 24, 2025
Business|Economy|Finance|Political|US
Fed to hold rates steady at an unsteady moment
U.S.
January 24, 2025
Asia|Business|Economy|Finance|MidEast
Pakistan central bank likely to deliver sixth straight rate cut to revive economy- Reuters poll
Pakistan's central bank is expected to lower its key interest rate by at least 1 percentage point on Monday, analysts said, in its sixth straight cut as it attempts
January 24, 2025
Asia|Business|Economy|Finance|Stock Markets
Japanese yen rallies, bond yields climb after BOJ hikes rates
The yen strengthened and Japanese government bond yields rose to fresh multi-year highs on Friday after the Bank of Japan hiked interest rates as expected and raised
January 24, 2025
Asia|Business|Economy|Finance|Stock Markets
Bank of Japan raises interest rates to highest in 17 years, yen jumps
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts,
January 23, 2025
Asia|Business|Economy|Finance
Instant View: Investors react to interest rate hike from BOJ
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation
January 24, 2025
Asia|Business|Economy
Japan's core inflation hits 16-month high, markets brace for BOJ hike
Japan's core consumer prices rose 3.0% in December year-on-year to mark the fastest annual pace in 16 months, likely cementing a central bank rate hike later in the
January 23, 2025
Americas|Business|Economy|Political|World
Argentina economy expands for first time since middle of last year
Argentina's economy grew for the first time in half a year, posting a modest 0.1% year-on-year expansion in November that beat expectations, official data showed on Thursday.
January 23, 2025
Business|Economy|Finance|Political|US
Trump says he will 'demand' that interest rates come down, but it won't be that simple
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep
January 23, 2025
Africa|Business|Economy|Political|World
Nigeria needs to double economic growth within a year or two, finance minister says
Nigeria needs to double economic growth within the next year or two from an annualized rate of 3.5% in the third quarter to lift its population out of
January 23, 2025
Business|Economy|Finance|Political|US
Trump policies likely to raise bond market's inflation fears, top money managers say
Giant U.S. asset managers overseeing well over $20 trillion are anticipating continued price pressures because of President Donald Trump's immigration and
January 23, 2025
Americas|Business|Economy|Political
Mexico headline inflation in early January beats expectations, slides below 4%
Mexico's annual inflation rate slowed to its lowest level in almost four years in the first half of January, official data showed on Thursday, a price level likely to encourage the central
January 23, 2025
Business|Economy|Europe|Finance|Stock Markets
FTSE 100 rises to near record levels; CMC Markets tumbles
The UK's FTSE 100 rose on Thursday, ending just short of a fresh record high as investors sought clarity on U.S.
January 23, 2025
Americas|Business|Economy|Finance|Political
Rate sensitivity haunts already elevated Brazil public debt
Investors already concerned about Brazil's ballooning public debt load under veteran leftist President Luiz Inacio Lula da Silva are being forced to reckon with
January 23, 2025
Business|Economy|Finance|Stock Markets|World
Norway wealth fund CEO in Davos: US inflationary pressure a risk to markets
The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary
January 23, 2025
Economy|Finance|MidEast|World
Turkey's central bank lowers benchmark interest rate to 45%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%
January 23, 2025
Business|Economy|Europe|Political
Polish c.banker Tyrowicz still sees no reason to cut interest rates
Polish central banker Joanna Tyrowicz still does not see any grounds for interest rate cuts given the continued overshoot of the inflation target, she told a private radio station
January 23, 2025
Business|Economy|Europe
Norway central bank keeps rate on hold, plans March cut
Norway's central bank held its policy interest rate unchanged at a 17-year high of 4.50% on Thursday, as unanimously expected by analysts in a Reuters poll, and
January 23, 2025
Economy|Finance|Political|World
Five key challenges for the Russian economy in 2025
The Russian economy has shown resilience during the three years of war in Ukraine and Western sanctions.
January 23, 2025
Asia|Economy|Finance|Political
Singapore December core inflation hits its lowest since November 2021
Singapore's key consumer price gauge rose 1.8% in December from a year earlier, more than economist forecasts and the lowest in more than three years, official
January 23, 2025
Africa|Business|Economy
S.Africa's Reserve Bank to cut rates by 25 bps Jan 30 to 7.50%- Reuters poll
The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final
January 23, 2025
Business|Economy|Political|US
Jamie Dimon on tariffs: ‘Get over it’
Jamie Dimon on tariffs: ‘Get over it’
January 22, 2025
Americas|Business|Economy|Finance|Political
IMF staff in Argentina for debt deal talks that could boost reserves
Staff from an International Monetary Fund (IMF) mission are in Argentina discussing a possible new debt deal, an economy ministry source told Reuters on Wednesday, confirming
January 22, 2025
Americas|Economy
Argentina economic activity seen contracting less in November
Economic activity in Argentina likely fell again in November versus the same month a year earlier, but less than the 0.7% contraction in October, a Reuters
January 22, 2025
Business|Economy|Finance|MidEast|Political
Israel central bank chief says 1-2 rate cuts possible in 2025 if inflation cooperates
The Bank of Israel could reduce short-term interest rates one or two times in the second half of 2025 as long as inflation moves back below 3%, Governor Amir Yaron
January 22, 2025
Business|Economy|Europe|Finance
ECB's Rehn says inflation confidence will allow for rate cuts
European Central Bank interest rates will keep falling as policymakers are confident that inflation will stabilise at the bank's 2% target, Finnish central bank chief Olli Rehn
January 22, 2025
Business|Economy|Europe|Political|US
ECB's Villeroy: Trump policies unlikely to have much impact on euro inflation
The new Trump administration's policies may affect inflation in the United States but are unlikely to have much impact on price pressures in Europe, ECB policymaker Francois Villeroy de
January 22, 2025
Business|Economy|Finance|Political|Stock Markets|US
Column-'Golden age' here already, Trump just needs to protect it: Mike Dolan
In many respects, Donald Trump inherited the "golden age" he claims to be ushering in. All he really needs to do is not screw it up.
January 22, 2025
Asia|Business|Economy
Japan wage growth gathers steam as reluctant retailers raise pay
Japan's retailers, typically among the most tight-fisted of employers, are offering big pay increases for a second year in a row, meaning
January 22, 2025
Business|Economy|Political|US
Here’s what will get more expensive from 25% tariffs on Mexican and Canadian goods
Here’s what will get more expensive from 25% tariffs on Mexican and Canadian goods
January 21, 2025
Americas|Business|Economy|Finance|Political
Economists ramp up projections for Brazil's interest rates to above 15%
Economists have launched a fresh wave of upward revisions to projections for Brazil's interest rate this year, citing deteriorating inflation expectations, a
January 21, 2025
Business|Economy|Election|Political|US
Trump threatens 25% tariffs on Mexico and Canada on Feb. 1, punting Day 1 pledge
Trump threatens 25% tariffs on Mexico and Canada on Feb. 1, punting Day 1 pledge
January 21, 2025
Business|Economy|Finance
Instant View: Canada's annual inflation rate eases to 1.8% in December
Canada's annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month's 1.9%.
January 21, 2025
Economy|Finance
Canada's annual inflation rate drops to 1.8% in December on sales tax relief
Canada's annual inflation rate slowed in December, data showed on Tuesday, helped by a sales tax break which kicked off in the middle of the month and brought
January 21, 2025
Business|Economy|Europe|Political|Stock Markets|US
German carmakers say Trump tariffs would hurt US consumers, industry
U.S.
January 21, 2025
Business|Economy|Finance|Political|US
After two years of smooth sailing, Fed ready to navigate rocky bond market, Trump uncertainty
After two years of progress on inflation and surprisingly persistent economic growth, the Federal Reserve next week meets with one eye on new Trump
January 21, 2025
Asia|Economy|Finance|World
Sri Lanka's inflation drops to minus 2% in December
Sri Lanka's consumer price inflation dropped to minus 2% year-on-year in December after easing to minus 1.7% in November, official data showed on Tuesday, as the country posted a strong
January 21, 2025
Business|Economy|Political|US
Trump’s sweeping agenda injects uncertainty into a healthy economy
Trump’s sweeping agenda injects uncertainty into a healthy economy
January 21, 2025
Asia|Business|Economy|Finance|Political
Economists split on Singapore monetary policy amid Trump 2.0 uncertainties
Economists are split on whether Singapore's central bank will loosen monetary policy this week or leave its settings unchanged to wait to see what policies U.S.
January 21, 2025
Business|Economy|Political|Technology|US
Trump says 25% tariffs on Canada and Mexico coming on Feb. 1 as he signs several orders on economy
President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports
January 20, 2025
Economy|Finance|MidEast|Political|Stock Markets|US
US dollar tumbles as Trump team suggests tariff delay, vows flurry of executive orders
The dollar dropped on Monday after news President Donald Trump's new administration will not immediately impose trade tariffs,
January 20, 2025
Asia|Business|Economy
Indian housing market shows slowdown immunity, Godrej chairperson says
India's economic slowdown is not expected to show up in the country's housing market, Godrej Industries Group Chairperson
January 20, 2025
Economy|Finance|Political|US
Trump to call for 'all of government' response to fight inflation, aide says
President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down
January 20, 2025
Americas|Economy|Political
Mexico's central banker Heath sees inflation dipping below 4% in January
Mexico's headline and core inflation rates will likely land below 4% in January, deputy central bank governor Jonathan Heath told newspaper Excelsior in a story published on
January 20, 2025
Business|Economy|Finance|MidEast|Political
Seeking market confidence, Israel central bank urges budget passage without changes
Israel's monetary policy committee urged lawmakers to approve the 2025 state budget without further changes to ensure confidence in financial markets, the Bank
January 20, 2025
Business|Economy|Europe|Food
Champagne sales sink because people don’t want to celebrate
Champagne sales sink because people don’t want to celebrate
January 20, 2025
Economy|Finance|Political|US
Even Fed officials are trying to figure out how to do their jobs in the next Trump era
Even Fed officials are trying to figure out how to do their jobs in the next Trump era
January 19, 2025
Business|Economy|Finance|Political|Stock Markets
Biden’s economic legacy: Historic wage gains, investment and job growth but marred by inflation
Biden’s economic legacy: Historic wage gains, investment and job growth but marred by inflation
January 19, 2025
Business|Economy|Finance|Stock Markets|US
Stocks rally to close out strong week, await Trump policies
U.S. stocks rallied on Friday to close out a strong week on optimism over the health of the economy and path of interest rates as investors braced for a slew
January 17, 2025
Americas|Economy|Political
Milei's Argentina seals budget surplus for first time in 14 years
Argentina brought in its first budget surplus in more than a decade in 2024, data published on Friday showed, marking a win for libertarian President Javier Milei and his sweeping austerity
January 17, 2025
Americas|Business|Economy|Finance|Political
Brazil's Haddad says high interest rates will curb inflation
Brazil's Finance Minister Fernando Haddad said on Friday that high interest rates are poised to have a much stronger effect on inflation than many expect,
January 17, 2025
Americas|Business|Economy|Political|US
Mexico economy growth outlook sluggish, bracing for U.S. tariff hit - Reuters poll
Mexico's economy will stay sluggish this year, a Reuters poll of economists found, as the country braces for a possible radical shift in U.S. tariff and
January 17, 2025
Business|Economy|Europe|Finance|Political
ECB should not rush rate cuts, Nagel says
The European Central Bank should not rush to lower interest rates because inflation remains high and uncertainty great, ECB policymaker Joachim Nagel said in an interview
January 17, 2025
Economy|Finance|Political|US
Fed to hold rates in Jan as Trump's policies stir inflation worries: Reuters poll
The U.S.
January 17, 2025
Economy|Finance|Political|Stock Markets|US
Waller and Bessent help peg back Treasury yields
A look at the day ahead in U.S. and global markets from Mike Dolan Salvos from a Federal Reserve governor and the incoming Treasury Secretary helped nail down this week's inflation-inspired retreat in
January 17, 2025
Business|Economy|Finance|Political|World
Argentina's Milei set to clinch trade surplus record on grains, energy exports
Argentina likely logged the largest trade surplus in its history in 2024, a Reuters analyst poll released on Friday showed, on the back of libertarian
January 17, 2025
Americas|Business|Economy|Europe|Political
Worker shortages may define the 2025 economy: Mike Dolan
For all the trepidation about world trade, debt and inflation, it could well be worker shortages that define economic trends this year - on both sides of the Atlantic.
January 17, 2025
Asia|Business|Economy|Finance
BOJ likely to keep hawkish policy pledge, raise rates next week, sources say
The Bank of Japan is likely to raise interest rates next week barring any market shocks when U.S.
January 17, 2025
Asia|Economy|Finance|Stock Markets|US
Dollar turns lower, yen strengthens ahead of Trump inauguration
The U.S. dollar weakened against the yen on Thursday, as softer-than-expected U.S. economic data and growing confidence for a Bank of Japan interest-rate hike
January 16, 2025
Business|Economy|US
American shoppers wrap up the year in a spending mood, boding well for the U.S. economy
American consumers wrapped up the year in a spending mood, shopping for all sorts of merchandise from furniture to clothing, and eating out at restaurants, according to the latest government snapshot
January 16, 2025
Economy|Finance|US
Fed may cut rates sooner and faster than expected if disinflation trend holds up, Waller says
Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates sooner and faster than expected, Federal
January 16, 2025
Americas|Economy|Finance|Political|US
Bank of Canada to cut rates on Jan. 29, cautious over potential US tariff impact: Reuters poll
The Bank of Canada will cut interest rates by 25 basis points to 3.00% on Jan. 29, according to a Reuters poll of economists, but many were not confident about
January 16, 2025
Business|Economy|Finance|Stock Markets|US
Why are interest rates rising when the Fed has been cutting them?
The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S. stock market that's knocked indexes from their records
January 15, 2025
Business|Economy|Finance|Political|Stock Markets|US
Inflation relief and bumper bank earnings
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's best day of the year so far was rooted in inflation relief and a boom in bank stocks reporting bumper earnings, with a
January 16, 2025
Asia|Business|Economy|Finance
BOJ to raise rates by end-March, most analysts lean toward January hike- Reuters poll
The Bank of Japan will raise interest rates again at one of the two meetings this quarter to 0.50%, an overwhelming majority of economists surveyed by Reuters
January 16, 2025
Asia|Business|Economy|Finance|Stock Markets
Global inflation relief lifts bond yield gloom
A look at the day ahead in Asian markets.
January 15, 2025
Americas|Business|Economy|Political
Argentina to reform anti-dumping system to boost competition
Argentina will roll out changes to the country's anti-dumping system in an effort to promote greater competition and bring down prices, Economy Minister Luis Caputo said on social media on
January 16, 2025
Americas|Economy|Political
Venezuela inflation was 48% year-on-year in 2024, Maduro tells lawmakers
Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas Maduro told lawmakers in an annual address to the national assembly and other
January 15, 2025
Business|Economy|Finance|Stock Markets|US
Inflation revival persists as market risk despite CPI-fueled rally
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and
January 15, 2025
Business|Economy|Europe|Finance
Bank of England's Taylor says it's time to cut interest rates
The Bank of England should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan Taylor, the BoE's most recently
January 15, 2025
Business|Economy|Finance|Political|US
Fed's Williams says policy data dependent in very uncertain environment
By Michael S.
January 15, 2025
Business|Economy|Finance|Political|US
US consumer prices post largest gain in nine months; underlying inflation slowing
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with
January 15, 2025
Business|Economy|Europe|Finance
Bank of England to cut interest rates four times this year - Reuters poll
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but
January 15, 2025
Business|Economy|Europe|Finance|World
Russian prices up 9.5% in 2024, continue to grow in 2025, statistical data shows
Russian consumer prices grew by 9.52% last year compared to 7.42% in 2023, final statistical data showed on Wednesday, making the 2024 inflation rate the fourth highest in the last
January 15, 2025
Economy|Finance|Political|US
US stocks surge after latest inflation report shows progress on price hikes
US stocks surge after latest inflation report shows progress on price hikes
January 15, 2025
Economy|Finance|Political|US
US inflation picked up in December but underlying price pressures eased
U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit
January 14, 2025
Business|Economy|Finance|Political|US
US 30-year mortgage rate tops 7%, highest since May 2024
The interest rate for the most popular U.S. home loan rose last week to an eight-month high of 7.09%, extending an upward trend that's squeezing would-be homebuyers already
January 15, 2025
Africa|Economy|Finance
Nigerian inflation rises for fourth straight month in December
Nigeria's inflation rate rose for the fourth straight month in December, advancing to 34.80% in annual terms from 34.60% in November, data from the statistics agency showed on
January 15, 2025
Business|Economy|Europe|Finance
UK house prices rise by most since February 2023, ONS says
British house prices rose at their fastest annual pace in almost two years in November, adding to signs of resilience in the property market despite high borrowing costs, official
January 15, 2025
Business|Economy|Europe|Political
Rising borrowing costs batter UK government and threaten to derail its left-leaning program
Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political scandals just six months after taking office, is now being battered by rising borrowing costs that threaten to derail its left-leaning program
January 15, 2025
Business|Economy|Europe
German ministry warns 2025 uncertainty to weigh on economic recovery
Germany can only hope for a tangible economic recovery once there is clarity on the economic, financial and geopolitical outlook, the economy ministry said in its monthly report on
January 15, 2025
Business|Economy|Environment|US
Economists say Los Angeles fire to have limited national economic impact
By Michael S.
January 14, 2025
Asia|Business|Economy
South Korea's import prices surge at fastest pace in five months as won weakens
South Korea's import prices accelerated in December at the fastest pace in five months, central bank data showed on Wednesday, signalling renewed inflationary pressures due to a
January 14, 2025
Americas|Economy|Political
Argentina slows peso crawling peg as inflation eases
Argentina's central bank will slow the rate of the local peso's devaluation, it said on Tuesday, after new data showed annual inflation slowing in December and as the central
January 14, 2025
Business|Economy|Finance|Stock Markets|US
S&P 500 edges higher, Nasdaq dips in choppy session as inflation data eyed
The S&P 500 edged higher while the Nasdaq dipped after a volatile session on Tuesday as investors gauged inflation data and braced for quarterly earnings
January 14, 2025
Economy|Political|US
How Biden's domestic policy record stacks up against public perception
President Joe Biden's tenure in the White House is ending with a gulf between his policy record and his public reputation
January 14, 2025
Business|Economy|Finance|US
US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation
January 14, 2025
Business|Economy|US
Woodford Reserve’s parent company is cutting nearly 700 jobs as spirit sales sink
Woodford Reserve’s parent company is cutting nearly 700 jobs as spirit sales sink
January 14, 2025
Business|Economy|Europe|Finance|Political
Italian firms gloomier on outlook amid trade war fears, central bank survey shows
Pessimism about the economic outlook has increased among Italian businesses as worries about an international trade war weigh on sentiment, the Bank of Italy said in a survey
January 14, 2025
Asia|Business|Economy
Japan's service mood improves, rising costs cloud outlook
Japan's service-sector sentiment improved in December but companies expect conditions to sour ahead, a government survey showed on Tuesday, a sign the rising cost of
January 14, 2025
Economy|MidEast|Political
Syria's new central bank chief vows to boost bank independence post Assad
Syria's new central bank governor, Maysaa Sabreen, said she wants to boost the institution's independence over monetary policy decisions, in what would be a sea
January 14, 2025
Asia|Business|Economy|Finance|Political|US
BOJ deputy governor flags chance of rate hike next week
The Bank of Japan will debate whether to raise interest rates next week as prospects of sustained wage gains heighten and the U.S. policy outlook becomes clearer in
January 14, 2025
Economy|Finance|Political|US
Robust US economy may not need Trump's big reforms
U.S.
January 13, 2025
Asia|Economy|Finance|Stock Markets|US
Dollar stays strong as doubts about Fed rate cuts grow
The dollar rose on Monday, driving its peers to multi-year lows, after Friday's blowout U.S. jobs report underscored economic strength and fueled growing doubts
January 13, 2025
Americas|Business|Economy|Finance|World
Argentina's inflation expected to have accelerated 2.7% in December
Argentina's monthly inflation likely rose 2.7% last month, an acceleration from the 2.4% reading in November, according to the median expectations of analysts
January 13, 2025
Business|Economy|Finance|Political|World
Russian central bank dismisses retail deposit freeze rumours
The Russian central bank has sought to dismiss rumours about a possible freezing of retail deposits, which have seen explosive growth in recent months due to rising interest rates
January 13, 2025
Economy|Finance|Political|US
New York Fed survey finds mixed inflation expectations in December
By Michael S.
January 13, 2025
Business|Economy|Finance|Political|Stock Markets|US
S&P500 wipes post-election gains as bonds haunt
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's S&P 500 index has all but wiped out its post-election gains, weighed by bond markets fearful of an
January 13, 2025
Economy|Europe|Finance|Stock Markets
Sterling extends slide as dollar rallies, gilt yields rise
The British pound extended its recent drop against the dollar and the euro on Monday driven by investor concerns about Britain's fiscal sustainability as gilt yields
January 13, 2025
Business|Economy|Europe|Finance
Euro zone savings rate dips in Q3 but stays exceptionally high
Euro zone households reduced their savings a touch in the third quarter of last year but still set aside an exceptionally large portion of their disposable income, highlighting a
January 13, 2025
Business|Economy|Europe|Finance
ECB seeking middle ground with rate cuts, Lane tells newspaper
The European Central Bank can ease policy further this year but must find a middle ground that neither induces a recession nor causes an undue delay in curbing inflation, ECB
January 13, 2025
Business|Economy|Finance|Stock Markets|US
Jobs report fuels Treasury yield surge as markets brace for 5% threshold
A recent surge in U.S.
January 10, 2025
Asia|Business|Economy|Finance
Rosy wage outlook, weak yen drawing BOJ attention to inflation risks
Prospects of sustained wage gains in Japan and the boost to import costs from a weak yen have heightened attention within the central bank to rising inflationary
January 10, 2025
Asia|Business|Economy|Finance|Stock Markets
Hot US jobs data stoke yield fire, scold stocks
A look at the day ahead in Asian markets.
January 12, 2025
Business|Economy|Finance|Political|Stock Markets|US
Inflation report could rattle markets after bond yields climb
U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising Treasury yields and uncertainty over
January 10, 2025
Business|Economy|Europe|Political
Hungary plans talks with allies to combat higher oil prices after new US sanctions on Russia
Hungary plans to hold talks with regional allies to counter the impact of higher oil prices resulting from a new round of US sanctions on Russia's oil and gas sector, Hungarian
January 12, 2025
Asia|Business|Economy|Finance|Stock Markets
Treasury yields rise, stock falls pressured by stronger-than-expected US jobs data
Global stocks fell while U.S.
January 08, 2025
Business|Economy|Finance|Political|US
US consumer inflation expectations soar in January on tariff fears
U.S. consumers expect inflation to increase over the next 12 months and beyond, likely reflecting concerns that broad tariffs on imports pledged by President-elect Donald
January 10, 2025
Business|Economy|Finance|Health|Stock Markets
Constellation Brands cuts annual forecasts as beer demand weakens
Constellation Brands cut its annual sales and profit forecasts after weak consumer spending on its Modelo Oro and Corona Light beers pulled third-quarter results below estimates, taking its
January 10, 2025
Americas|Business|Economy
Brazil's inflation ends 2024 above target, setting stage for more rate hikes
Brazil's annual inflation came in slightly below market forecasts in December but still ended 2024 above the upper limit of the central bank's target range, with policymakers
January 10, 2025
Economy|Finance|Political|Stock Markets|US
Options market positioned for US Treasury 10-year yield to hit 5% in near term
Investors in the futures options market are betting the benchmark U.S. 10-year Treasury yield is headed higher to 5% in the near term, reflecting
January 10, 2025
Business|Economy|Europe|Finance|Political|Stock Markets|US
The week before next
Global markets face a choppy ride ahead of U.S. inauguration day on Jan. 20, with Britain and the U.S. releasing key inflation data, China publishing growth numbers while earnings on Wall
January 10, 2025
Business|Economy|Europe|Finance
Norway's December core inflation lower than expected
Norway's core inflation rate eased more than expected in December, Statistics Norway (SSB) data showed on Friday, supporting forecasts that interest rates will begin to decline this
January 10, 2025
Asia|Business|Economy
Japan November household spending falls as price pressures persist
Japanese household spending fell at a slower pace than expected in November, government data showed on Friday, but the broader consumption trend remained soft,
January 09, 2025
Americas|Business|Economy|Finance
Peru central bank cuts benchmark interest rate to 4.75%
Peru's central bank trimmed its benchmark interest rate by 25 basis points to settle at 4.75% on Thursday, surprising analysts who expected the country's monetary authority to hold
January 09, 2025
Business|Economy|Finance|US
Fed's Schmid says central bank 'near' neutral interest rate level
By Michael S.
January 09, 2025
Americas|Business|Economy|Finance
Mexico's central bank opens door to larger rate cuts, citing progress on inflation
The Bank of Mexico could increase the size of cuts to its benchmark interest rate in future meetings as inflation eases in Latin America's second-largest
January 09, 2025
Business|Economy|Finance|US
Here's what you need to know about credit card defaults
Credit card defaults are on the rise for Americans, reaching the highest amount in 14 years
January 09, 2025
Economy|Europe|Finance|Political|Stock Markets
For good reasons and bad, global bond wobble passes over euro zone
Just as Britain and the United States come under pressure from investors worried about growing debt and sticky inflation, the euro zone seems to be largely
January 09, 2025
Americas|Economy|Finance
Mexico's annual inflation eases in December, supporting further rate cuts
Mexico's headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting its benchmark interest rate despite an
January 09, 2025
Economy|Finance|Political|US
Fed's Collins says now is time for patient, gradual approach to rate cuts
By Michael S.
January 09, 2025
Economy|Finance|Political|US
Fed's Harker still expects rate cuts but says imminent move not needed
By Michael S.
January 09, 2025
Business|Economy|Europe|Finance
Euro zone consumers hold back spending as economy stagnates
Euro zone retail sales grew less than expected in November, confirming that consumption remains in the doldrums and adding to a recent string of gloomy data about the health of
January 09, 2025
Business|Economy|Finance|Political|US
Fed can soothe Trump or Treasuries, not both: Mike Dolan
Extreme bond market agitation has put the Federal Reserve in a bind.
January 09, 2025
Asia|Business|Economy
Seven & i, at centre of M&A tussle, sees quarterly profit tumble
Japan's Seven & i Holdings, operator of the 7-Eleven convenience store chain, said operating profit fell 24% in the latest quarter, missing analysts' estimates, as
January 09, 2025
Asia|Economy|Finance|Political
Philippine cbank has room to further ease policy, governor says
The Philippine central bank has room to ease monetary policy, its governor said on Thursday, following this week's data showing annual inflation stayed within its 2% to 4% target
January 09, 2025
Australia|Business|Economy|Finance
Australia retailers get Black Friday boost, but no bar posed to rate cut
Australian retail sales had the biggest increase in 10 months in November as Black Friday discounting drew cost-conscious shoppers, but the rise missed
January 09, 2025
Economy|Finance|Political|Stock Markets|US
Bond market selloff jolts global investors as Trump worries grow
A sharp selloff in the world's biggest government bond markets and a continued rise in the dollar sent
January 08, 2025
Asia|Business|Economy|Political
Japan Nov real wages fall for 4th straight month as inflation weighs
Japan's inflation-adjusted real wages fell for the fourth straight month in November weighed down by higher prices even as base pay grew at the fastest pace in more than three
January 08, 2025
Asia|Business|Economy|Finance|Stock Markets
China inflation lands amid global bond turmoil
A look at the day ahead in Asian markets.
January 08, 2025
Economy|Election|Political|US
Fact check: President Biden defends Hunter Biden pardon with false and inaccurate claims
Fact check: President Biden defends Hunter Biden pardon with false and inaccurate claims
January 08, 2025
Asia|Business|Economy|Finance|Stock Markets|US
Stock market today: Wall Street holds firmer following Tuesday's slide
U.S. stock indexes held firmer and finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected
January 08, 2025
Business|Economy|Political|US
Yellen says COVID spending may have contributed 'a little bit' to inflation
The Biden administration's spending on stimulus to keep the economy going during the COVID pandemic may have contributed "a little bit" to
January 08, 2025
Economy|Finance|Political|US
Fed minutes may begin to show the hurdle to further rate cuts
Federal Reserve officials have been signaling that further interest rate cuts are on hold for now given slowed progress on inflation and a still-strong U.S.
January 08, 2025
Economy|Finance|Political|Stock Markets|US
Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes
January 08, 2025
Business|Economy|Europe|Finance
ECB could reach neutral rate by summer, Villeroy says
The European Central Bank's interest rates should reach the point where they are no longer a drag on growth by this summer if inflation is tamed by then, ECB policymaker Francois
January 08, 2025
Economy|Finance|Political|US
Treasury yield surge reflects expectations of more long-term debt
Longer-term U.S.
January 08, 2025
Business|Economy|Finance|Political|US
Top Fed official backs new rate cuts even if Trump tariffs materialize
A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated inflation and the prospect of widespread tariffs
January 08, 2025
Business|Economy|Europe|Finance|Political
Why are UK borrowing costs jumping?
Britain's government borrowing costs have leapt this week, adding to the challenges facing finance minister Rachel Reeves who is planning to sell hundreds of
January 08, 2025
Americas|Business|Economy
Brazil's industrial output falls for second straight month
Industrial production in Brazil fell for the second month in a row in November, data showed on Wednesday, in a sign the economy may be cooling as the central bank tightens
January 08, 2025
Asia|Business|Economy
Sri Lanka c. bank to focus on stronger crisis recovery in 2025
Sri Lanka will focus on stronger recovery this year after the island nation posted real GDP growth of 5% in 2024, the highest in seven years, its central bank
January 08, 2025
Business|Economy|Europe|Finance
Euro zone households likely to keep saving to rebuild wealth, ECB says
Euro zone households could keep saving a large portion of their income to rebuild wealth lost to high inflation, the European Central Bank argued, suggesting lacklustre
January 08, 2025
Africa|Economy|Finance
Tanzania central bank holds key interest rate unchanged for a third time
Tanzania's central bank left its key interest rate unchanged at 6% on Wednesday, holding it steady for a third consecutive policy meeting, with an aim of
January 08, 2025
Asia|Business|Economy|Finance
Former BOJ chief Kuroda predicts more rate hikes
The Bank of Japan will likely keep raising interest rates in the coming years as inflation appears on track to sustainably hit its 2% target, said former governor
January 08, 2025
Americas|Business|Economy|Finance
Mexico's headline inflation seen slowing in December, core index likely accelerated: Reuters Poll
Mexico's annual inflation rate likely fell in December, a Reuters poll of analysts showed on Tuesday, fueling bets the central bank will keep cutting its benchmark interest
January 07, 2025
Business|Economy|Finance|Political|US
US service sector growth picks up; input prices gauge highest in nearly two years
U.S. services sector activity accelerated in December, but a surge in a measure of prices paid for inputs to near a two-year high pointed to elevated inflation
January 07, 2025
Africa|Economy|Election|Political
Ghana’s Mahama returns as president, vowing to boost economy
John Dramani Mahama was sworn in for a second term as Ghana's president on Tuesday at a ceremony in the capital Accra, pledging to overcome public
January 07, 2025
Economy|Europe|Finance
Italy Dec EU-harmonised CPI decelerates to 1.4% y/y, 2024 average at 1.1%
Italian EU-harmonised consumer prices (HICP) rose 0.1% month-on-month in December, with the annual inflation rate slowing to 1.4% from 1.5% in November, preliminary figures showed on
January 07, 2025
Business|Economy|Food|US
McDonald’s biggest menu shakeup in years rolls out Tuesday
McDonald’s biggest menu shakeup in years rolls out Tuesday
January 07, 2025
Asia|Business|Economy|Finance|Political|Stock Markets
Vietnam central bank to keep flexible monetary policy, monitor Trump policies
Vietnam will maintain a flexible monetary policy aimed at controlling inflation, while authorities will monitor the policies of U.S.
January 07, 2025
Economy|Finance|MidEast
Bank of Israel holds rates on high inflation, economic uncertainty
The Bank of Israel left interest rates unchanged for the eighth straight meeting on Monday, citing expectations of higher inflation and economic uncertainty due
January 06, 2025
Business|Economy|Finance|Political|US
Fed's Cook: Further rate cuts can come cautiously
The U.S.
January 06, 2025
Americas|Business|Economy|Fashion and Beauty|Travel
Stung by high prices, Argentines seek cheaper Nikes, Big Macs abroad
In the shopping malls of Santiago de Chile and the beaches of Brazil, Argentines are snapping up clothes,
January 06, 2025
Business|Economy|Finance|Political|US
Trump's policies may not prove inflationary, Bernanke, others say
A number of leading economists, including advisers to past U.S. presidents, have coalesced around the view that President-elect Donald Trump's plans to broaden
January 06, 2025
Business|Economy|Europe
Spain's December services activity grows at fastest pace in 20 months, PMI shows
Spain's service sector expanded in December at its fastest pace since April 2023, driven by a sharp rise in new business and a recovery in activity following the country's deadly
January 06, 2025
Business|Economy|Europe
German service sector grows modestly in December despite rising costs, PMI shows
Germany's service sector experienced a slight uptick in business activity in December, bringing it back into growth territory despite increasing price pressures, a survey showed on
January 06, 2025
Asia|Business|Economy|Finance
Thai inflation returns to target range for first time in 7 months
Thailand inflation rate returned to the target range for the first time since May last year, lifted by higher energy and food prices, the commerce ministry said on Monday.
January 06, 2025
Asia|Business|Economy
India's services sector ended 2024 on a strong footing, PMI shows
India's dominant services sector ended 2024 on a high note as sustained demand boosted activity to a four-month high and led to strong hiring in December,
January 06, 2025
Africa|Business|Economy|MidEast
Egypt's non-oil private sector contracts in December as cost pressures rise, PMI shows
Operating conditions in Egypt's non-oil private sector deteriorated in December, with output and new orders falling at the sharpest rates in eight months amid rising cost pressures,
January 06, 2025
Economy|Finance|Political|US
Fed's Kugler, Daly say job not done on inflation
Two Federal Reserve policymakers on Saturday said they feel the U.S. central bank's job of taming
January 04, 2025
Business|Economy|Finance|MidEast
Bank of Israel to hold rates this week but cut possible in February - Reuters Poll
The Bank of Israel is expected to leave short-term interest rates unchanged for an eighth straight policy meeting this week, although analysts believe a rate cut
January 05, 2025
Business|Economy|Finance|Political|US
Fed's Kugler says data will drive Fed policy choices amid uncertainty
By Michael S.
January 03, 2025