U.S. World Business Lifestyle
Today: June 07, 2025
Today: June 07, 2025

inflation

Americas|Business|Economy|Finance|Political

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

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

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

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

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

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

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

By Michael S.

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

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

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

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

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

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

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

ECB accounts show lingering inflation worries

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

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

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

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

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

Subway is bringing back discounted footlongs

Subway is bringing back discounted footlongs

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

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

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

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

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

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

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

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

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

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

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

By Michael S.

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

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

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

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

Russia's central bank links rouble rally to geopolitics

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

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

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

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

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

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

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

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

Dutch economic growth stronger than expected in 2025, CPB says

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

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

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

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

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

Small business owners feel more uncertain about the future

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

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

McDonald's brushes off surcharges on eggs to attract customers

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

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

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

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

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

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

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

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

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

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

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

Brazilian president's approval rating plunges as inflation bites

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Relief as German vote dodges extremes

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

Relief as German vote dodges extremes
Asia|Business|Economy

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

UK economy readings underscore Bank of England's dilemma

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

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

Could Trump really return DOGE savings to taxpayers?

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

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

US consumer sentiment plunges over tariff and inflation fears

US consumer sentiment plunges over tariff and inflation fears

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Fed officials flag rising inflation risks, Trump policy uncertainty

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

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

Caution prevails amid jitters over tariffs and stagflation

A look at the day ahead in Asian markets.

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

Fed's Musalem flags risk of rising inflation expectations

St.

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

Brazil's Lula warns of inflation risks from Trump tariffs

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

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

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

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

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

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

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

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

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

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

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

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

U.S.

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

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

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

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

Nigeria keeps benchmark interest rate steady as inflation seen falling gradually

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

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

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

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

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

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

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

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

Fed concerns rise as tariff threats ratchet higher and wider

U.S.

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

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

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

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

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

By Michael S.

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

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

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

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

Bank of Mexico sees recession possibility, halves 2025 growth view

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

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

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

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

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

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

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

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

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

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

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

Trump acknowledges ‘inflation is back’ but blames Biden

Trump acknowledges ‘inflation is back’ but blames Biden

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

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

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

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

ECB's Panetta says Europe should consider simpler banking rules

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

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

Guzman, Wesfarmers to deliver upbeat earnings for Australian discretionary retailers

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

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

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

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

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

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

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

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

Australia Q4 wages rise at slowest pace in over 2 years

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

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

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

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

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

How inflation is hurting the diets of low-income Americans

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

By Michael S.

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

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

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

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

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

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

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

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

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

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

Japan braces for BOJ to lift rates sooner and higher

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

US import prices rise moderately in January

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

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

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

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

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

Dollar on track for weekly loss against euro as tariffs delayed

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

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

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

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

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

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

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

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

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

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

Spain's EU-harmonised 12-month inflation rises to 2.9% in January
Asia|Business|Economy|Finance

Sri Lanka's cenbank sees inflation peak above target in Q2 next year

Sri Lanka's headline inflation is expected to peak around 2 percentage points above the central bank's target in the second quarter of 2026, the bank said in a monetary policy

Sri Lanka's cenbank sees inflation peak above target in Q2 next year
Asia|Business|Economy|Finance

Japan inflation likely hit 17-month-high in January on rising food prices - Reuters poll

Japan's core consumer price inflation likely accelerated in January from the previous month and rose at the joint-fastest pace in 17 months due to high food prices and reduced energy

Japan inflation likely hit 17-month-high in January on rising food prices - Reuters poll
Australia|Business|Economy|Finance

RBA to deliver first rate cut in a short series on February 18: Reuters poll 

Easing inflation has opened the door for the Reserve Bank of Australia to begin an anticipated brief series of interest rate cuts, starting with a quarter

RBA to deliver first rate cut in a short series on February 18: Reuters poll 
Asia|Business|Economy|Finance|Stock Markets|US

Wall St rallies as hot PPI looks cooler under surface

A look at the day ahead in Asian markets.

Wall St rallies as hot PPI looks cooler under surface
Business|Economy|Finance|Political|US

Trump’s latest tariff salvo is all bark and no bite – for now

Trump’s latest tariff salvo is all bark and no bite – for now

Economy|Election|Political|US

Americans voted for Trump. Did they vote for this?

Americans voted for Trump. Did they vote for this?

Asia|Business|Economy|Political|US

TODAY'S TARIFF NEWS FOLLOWS GRIM INFLATION REPORT (4aET)

Today's the day Trump says he's signing off on reciprocal tariffs, a day after a report showing higher-than-expected inflation.

TODAY'S TARIFF NEWS FOLLOWS GRIM INFLATION REPORT (4aET)
Australia|Business|Economy|Finance

RBNZ to cut rates by another 50 bps on February 19 on growth concerns: Reuters poll

New Zealand's central bank will follow through on plans to cut interest rates more with a 50 basis-point reduction on Wednesday to 3.75%,

RBNZ to cut rates by another 50 bps on February 19 on growth concerns: Reuters poll
Americas|Business|Economy

Argentina monthly inflation slows to lowest in over 4 years in January

Argentina's monthly inflation rate slowed to 2.2% in January, its lowest level since mid-2020, while landing slightly below analyst estimates, data from the INDEC statistics

Argentina monthly inflation slows to lowest in over 4 years in January
Asia|Economy|Finance|Political|US

Dollar dips as inflation data points to lower core PCE

The dollar slipped on Thursday after components of January’s producer price report pointed to lower inflation, and fell further after the White House said that

Dollar dips as inflation data points to lower core PCE
Business|Economy|Finance|Political|Stock Markets|US|World

Wall Street ends higher after Trump unveils tariff plan

The S&P 500 ended higher on Thursday, lifted by gains in Nvidia, Apple and Tesla, after U.S.

Wall Street ends higher after Trump unveils tariff plan
Business|Economy|Finance|US

Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an encouraging sign for prospective home shoppers as the spring homebuying season gets underway

Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline
Business|Economy|Europe|Finance

ECB can keep cutting rates even if Fed takes it slow, Vujcic says

The European Central Bank could cut interest rates three more times this year even if its U.S. counterpart moves more slowly but policy easing is predicated on a

ECB can keep cutting rates even if Fed takes it slow, Vujcic says
Africa|Business|Economy|Finance

Rwanda central bank holds key rate despite pickup in inflation

Rwanda's central bank kept its key interest rate unchanged at 6.5% for the second monetary policy meeting in a row, saying that despite a recent pickup in

Rwanda central bank holds key rate despite pickup in inflation
Business|Economy|Finance|US

Fed seen on hold until September, with rising bets on earlier rate cut

The Federal Reserve will likely wait until September before cutting its policy rate, traders bet on Thursday, as data kept alive worries over elevated inflation and a decline

Fed seen on hold until September, with rising bets on earlier rate cut
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

Nigerian lawmakers pass increased budget of $36.6 billion for 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

Norway central bank may soon be ready for 'a little' easing of rates, governor says
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

US producer inflation trends higher; labor market remains stable
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

Argentina inflation hits five-year low in win for Milei
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

Bank of England's Pill 'cautious' about further rate cuts
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

Brazil cuts economic growth forecast for this year to 2.3%, sees inflation at 4.8%
Business|Economy|Political|US

Inflation is Trump’s problem now

Inflation is Trump’s problem now

Inflation is Trump’s problem now
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

December wholesale prices up a hot 0.4% as fight against inflation appears to have stalled
Business|Economy|Finance|Food|Stock Markets|US

Denny’s is closing dozens more restaurants

Denny’s is closing dozens more restaurants

Denny’s is closing dozens more restaurants
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

The number of Americans seeking jobless benefits falls as employers continue to hold on to workers
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

The latest inflation report shows that high prices are Trump's major economic challenge
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

Stocks tumble, dollar rallies as US inflation heats up
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.

'Hard to find anything good': CNN's Matt Egan explains why inflation jumped in January
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

US inflation jump puts Fed officials on notice as Powell testifies
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

Hotter January inflation jolts markets, dimming rate cut hopes
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

Brazil's services activity posts surprise drop in December as economy cools
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

Trump says lower interest rates would go hand-in-hand with tariffs
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

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,

Russian consumer prices up 0.2% ahead of rate decision
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

Powell says Trump's comments won't affect interest rate decisions by the Fed
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

US inflation heats up to 3% for first time since June
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

Hot Jan US CPI surprise argues for Fed staying in neutral
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

Kraft Heinz forecasts bleak annual profit as higher prices hamper demand recovery
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,

Brazil's inflation slows in January but tightening cycle to continue
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.

Vietnam says to revise up 2025 GDP growth target to 8.0% from 6.5%-7.0%
Business|Economy|Finance|Political|US

Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine

U.S.

Fed's Powell, quizzed about trade, Musk, and bank safety, says economy is fine
Economy|Finance|Political|Stock Markets|US

Powell says there's no rush to ease more given strong economy

The U.S.

Powell says there's no rush to ease more given strong economy
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.

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

Bank of England's Mann says no to 'cut, cut, cut' on rates
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

Too early to see impact of US tariffs on world economy, IMF head says
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

Russia's budget deficit jumps 14-fold in January
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

Bangladesh opposition says government aims to hold polls by December
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

Bank of England's Mann sees consumer pricing near target in year ahead, FT reports
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

Fed hawks and doves: what US central bankers are saying
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

An unwanted double: US sales fall for American whiskeys as threats of a trade war heat up
Business|Economy|US

What’s propping up inflation? Blame housing

What’s propping up inflation? Blame housing

What’s propping up inflation? Blame housing
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

Australian consumers stay cautious in February, survey says
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

UK retailers enjoy 'solid' start to 2025, BRC says
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.

Fed to wait for months on next rate cut as tariffs risk inflation flare up- Reuters poll
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

Australia business confidence improves even as conditions slacken, survey says
Economy|Finance|Political|US

NY Fed finds mostly stable inflation expectations in January

By Michael S.

NY Fed finds mostly stable inflation expectations in January
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.

Egypt annual inflation rate inches down to 24% in January
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

Labor, inflation to weigh on gold miners' results
Business|Economy|Finance|Political|US

Gold bulls lock in on glittering milestone; $3,000/oz in sight

U.S.

Gold bulls lock in on glittering milestone; $3,000/oz in sight
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

Russian central bank expected to keep benchmark rate on hold on Feb 14: Reuters poll
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

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

Bank of Mexico's governor says inflation fight enters new phase
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

Iran currency plunges to record lows amid escalating U.S. tensions
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

Fed officials see healthy jobs market, no rate-cut rush
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

Fed's Kashkari sees policy rate 'modestly lower' at end-2025
Economy|Political|US

Americans, including Republicans, now fear higher inflation this year

Americans, including Republicans, now fear higher inflation this year

Americans, including Republicans, now fear higher inflation this year
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

Stronger wage growth justifies caution on rates, says BoE's Pill
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

High inflation is key challenge for Russia's economy, prime minister tells Putin
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

Mexico inflation slows in January as central bank steps up rate cuts
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

Turkish central bank says rate cuts 'not on autopilot', lifts inflation forecast
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

India cuts rates for first time in nearly 5 years to boost growth as inflation eases
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,

Britain's struggling low-income shoppers challenge growth agenda
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

Bank of England halves UK growth projection and cuts main interest rate to 4.50%
Business|Economy|Finance|Political|US

Boston Fed maps out inflation response to Trump trade tariffs

By Michael S.

Boston Fed maps out inflation response to Trump trade tariffs
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%

Dallas Fed's Logan signals rate cuts require US labor market cooling
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

Argentina analysts more upbeat on 2025 inflation, economic growth
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

BOJ's fresh take on labour crunch opens door for more rate hikes
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

Business|Economy|Finance|Political|US

US bond market lukewarm on Bessent's 10-year yield pledge

U.S.

US bond market lukewarm on Bessent's 10-year yield pledge
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.

Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach
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

Brazil's Lula voices concern about food prices but sees inflation 'under control'
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%.

Zimbabwe central bank keeps policy rate at 35%
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

UK firms trim wage growth expectations, BoE survey shows
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

Mexico headline inflation likely fell again January: Reuters poll
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

Bank of England cuts rates and growth outlook, sees inflation 'bump'
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

Brazil's finance minister sees inflation above target until June
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

Focus swings back to rate moves, company earnings
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.

Reuters interview with ECB board member Cipollone
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

Europe could be a big loser in US-China trade war, ECB warns
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

Bank of England poised to cut rates but inflation worries linger
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

Czech central bank cuts key interest rate to 3.75% as inflation stays higher than expected
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

Hawkish BOJ policymaker urges raising rates to at least 1%
Economy|Finance|Political|US

Fed's Jefferson: In no rush to reduce level of policy restraint

U.S.

Fed's Jefferson: In no rush to reduce level of policy restraint
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

Fed's Goolsbee warns of potential inflationary impact of tariffs
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

Fed officials note abundance of uncertainty in Trump's policy moves
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

Mexico's central bank will likely bring interest rate down to 9.5%: Reuters poll
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

ECB's Centeno hopes key interest rate will drop to 2% sooner, not later
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

Hungary's shaky economy disrupts Orban's re-election playbook
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

UK services firms speed up job cuts but price pressures strong, PMI shows
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.

Morgan Stanley revises Fed rate cut forecast amid tariff uncertainty
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.

Kenya private sector activity expands weakly in January, PMI shows
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.

Russian services sector sees fastest growth in a year, PMI shows
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

BOJ keeps up rate-hike signal as wages rise
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,

Philippine central bank to take 'measured approach' in easing as inflation steadies
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

Japan inflation-adjusted wages rise in December on jump in bonuses
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

Fed's Jefferson: Rates likely to fall over medium term
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

Brazil 2025 public debt seen rising by double-digits, rate-linked bonds soar
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

Trump’s tariff tactics carry higher economic risks than during his first term
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

Investors on guard as US tariff threats evolve
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

US job openings fall to 7.6 million in December, suggesting the job market is slowing but healthy
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.

TARIFF ON CHINESE IMPORTS START AND EU COULD BE NEXT (4aET)
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

What will get more expensive now that Trump imposed his tariffs
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

Brazil's central bank sees economic cooling as key, flags fiscal and FX risks
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-

Poland needs to cut spending and raise taxes, OECD says
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

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

Central bank body urges policy revamps to heed COVID lessons
Business|Economy|Political|US

Fed officials see inflation risks from Trump's tariffs

By Michael S.

Fed officials see inflation risks from Trump's tariffs
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

Trump's trade war salvo heightens market turbulence
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

Brazil inflation to ease further this year, Lula tells Congress
Business|Economy|Finance|Political|Stock Markets|US

PIMCO focuses on Trump's market-tuned policy tweaks amid inflation risks

U.S.

PIMCO focuses on Trump's market-tuned policy tweaks amid inflation risks
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.

Trump's tariffs raise fears Brazil's central bank is out of step on inflation
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

Wall Street rattled by back-and-forth over Trump’s tariffs
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

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.

Reactions to Trump's steep tariffs on Mexico, Canada and China
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

UK factory activity contracts for fourth straight month in January, PMI shows
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

Americans have high hopes for Trump's economy, Gallup poll shows
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

ECB 'not quite there' with rate cuts but cautious flexibility needed, Kazimir says
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.

Turkey's manufacturing sector contracts further in January, PMI shows
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%,

Turkish inflation rate up at 5.03% in January after price adjustments
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

Turkey monthly inflation to accelerate in January, annual rate seen slowing to 41.25%
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

South Korea factory activity expands as output grows on overseas demand, PMI shows
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

Trump says Americans could feel 'some pain' from tariffs as he threatens more import taxes
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.

Wall Street girds for market impact of Trump tariffs
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

US businesses brace for Trump's tariffs on Canada, Mexico and China to drive up costs
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

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,

French PM urges ECB to cut rates to boost growth
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

Winging it for the Super Bowl? Broccoli might be a cheaper party snack this year
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

Traders bet Fed's next rate cut will wait until June
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

Modi turns to India's vast middle class to revive growth in rough global year
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

Looming tariffs worry Wall Street over earnings hit, inflation pressure
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

Trump tariffs to stoke US food inflation despite pledge to lower costs
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

Colombia central bank holds benchmark interest rate at 9.50% in surprise move
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

Fed officials wait for clarity on Trump policies
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,

Fed's Goolsbee comforted by latest inflation data, worried about tariffs
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.

Instant View: US Dec PCE inflation uptick supports Fed hold
Economy|Finance|US

The Fed’s go-to inflation gauge heated up again

The Fed’s go-to inflation gauge heated up again

The Fed’s go-to inflation gauge heated up again
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.

Financial conditions undercut Fed's 'restrictive' view: McGeever
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

Who are the BOJ's doves and hawks?
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,

Japan set for first household spending increase in five months- Reuters poll
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

BOJ expects rising inflation to spur demand for new financial services
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.

Homegrown veg, cheap substitutes: Japanese get creative to fight soaring food prices
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

Core inflation in Japan's capital hits 1-year high, keeps BOJ rate-hike bets alive
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

Argentina central bank cuts interest rate to 29%, from 32%
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

Bank of Japan board reshuffle to bring it closer to 'normal' central banking
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,

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

Argentina markets brace for rate cut as peso 'crawling peg' slows
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

ECB cuts rates and governors expect more amid weak growth
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

ECB governors see one more cut before debate heats up, sources say
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

ECB cuts interest rates and keeps more easing on table
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

European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
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

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

Lagarde's statement after ECB policy meeting
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

ECB cuts rates again, keeps door open to further easing
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

Peru's dollar mountain lets sol currency shine among Latam peers
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)

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

BOJ will keep raising rates if economy on track, deputy governor Himino says
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

Bank of England readies rate cut and could hint at more to come
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

US stock market confronts risks as investors grapple with tech, Fed outlook
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

Fed rate actions in 2025 seen in a narrow band, Goldman Sachs CEO says
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

Fed stands pat, leans hawkish with omission of inflation-progress reference
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

Brazil central bank hikes rates by 100 bps, confirms same in March
Economy|Finance|Political|US

Fed leaves rates unchanged, sees no hurry to cut again

By Howard Schneider, Michael S.

Fed leaves rates unchanged, sees no hurry to cut again
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

Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump
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

Key takeaways from the Fed’s decision to pause interest rate cuts
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

Czech central banker Frait sounds caution on scope for rate cuts in 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

More Indians losing hope of improved quality of life under Modi, survey shows
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.

Bank of Canada cuts growth forecasts for 2025 and 2026
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

Swedish central bank cuts policy rate to support weak economy
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.

Swedish economy grows 0.2% in Q4, flash figures show
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

India's economy faces slowing growth, volatile trade ahead of new financial year
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,

Kuroda's 'bazooka' was losing fans within BOJ by time it was expanded, minutes show
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

BMW expects full-year earnings margin in lower half of 6-7% target
Business|Economy|Finance|Political|US

Bank lending prospects among key inputs for policymakers at Fed meeting

By Michael S.

Bank lending prospects among key inputs for policymakers at Fed meeting
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.

US consumer confidence deteriorates further in January
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

Trump pledged to bring down food prices on Day One. Instead, eggs are getting more expensive
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

BOJ to raise rates again by July, eventually eye hike to 1.5%, says ex-policymaker
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

Federal Reserve expected to stand pat on rates even as Trump demands cuts
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

Global economy takes Trump guessing-game in stride
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

ECB's Lagarde warns over cost of losing independence
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

Trump says inflation isn't his No. 1 issue. So what will happen to consumer prices?
Business|Economy|Food|US

Expect record-high egg prices for most of the year

Expect record-high egg prices for most of the year

Expect record-high egg prices for most of the year
Business|Economy|Finance|Political|US

A Fed on hold, for now, eyes strong jobs, easing inflation

At their last meeting in December, U.S.

A Fed on hold, for now, eyes strong jobs, easing inflation
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

Stock market today: Wall Street edges back from its record
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

US dollar posts biggest weekly loss since November 2023 on tariff angst
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

5 economic forces that could shape the first year of Trump's presidency
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

US business activity at nine-month low in January; hiring accelerates
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

More rate hikes likely coming in Brazil as inflation overshoots forecasts
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

Russian companies expect 2025 inflation above 10%, central bank survey shows
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

Brazil central bank to raise rates another 100bps in January: Reuters poll
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

World inflation not fully defeated yet, IMF's Georgieva says
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

Stumbling growth and stubborn inflation: the BoE's rate cut challenge
Business|Economy|Finance|Political|US

Fed to hold rates steady at an unsteady moment

U.S.

Fed to hold rates steady at an unsteady moment
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

Pakistan central bank likely to deliver sixth straight rate cut to revive economy- Reuters poll
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

Japanese yen rallies, bond yields climb after BOJ hikes rates
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,

Bank of Japan raises interest rates to highest in 17 years, yen jumps
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

Instant View: Investors react to interest rate hike from BOJ
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

Japan's core inflation hits 16-month high, markets brace for BOJ hike
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.

Argentina economy expands for first time since middle of last year
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

Trump says he will 'demand' that interest rates come down, but it won't be that simple
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

Nigeria needs to double economic growth within a year or two, finance minister says
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

Trump policies likely to raise bond market's inflation fears, top money managers say
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

Mexico headline inflation in early January beats expectations, slides below 4%
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.

FTSE 100 rises to near record levels; CMC Markets tumbles
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

Rate sensitivity haunts already elevated Brazil public debt
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

Norway wealth fund CEO in Davos: US inflationary pressure a risk to markets
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%

Turkey's central bank lowers benchmark interest rate to 45%
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

Polish c.banker Tyrowicz still sees no reason to cut interest rates
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

Norway central bank keeps rate on hold, plans March cut
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.

Five key challenges for the Russian economy in 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

Singapore December core inflation hits its lowest since November 2021
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

S.Africa's Reserve Bank to cut rates by 25 bps Jan 30 to 7.50%- Reuters poll
Business|Economy|Political|US

Jamie Dimon on tariffs: ‘Get over it’

Jamie Dimon on tariffs: ‘Get over it’

Jamie Dimon on tariffs: ‘Get over it’
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

IMF staff in Argentina for debt deal talks that could boost reserves
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

Argentina economic activity seen contracting less in November
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

Israel central bank chief says 1-2 rate cuts possible in 2025 if inflation cooperates
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

ECB's Rehn says inflation confidence will allow for rate cuts
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

ECB's Villeroy: Trump policies unlikely to have much impact on euro inflation
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.

Column-'Golden age' here already, Trump just needs to protect it: Mike Dolan
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

Japan wage growth gathers steam as reluctant retailers raise pay
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

Here’s what will get more expensive from 25% tariffs on Mexican and Canadian goods
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

Economists ramp up projections for Brazil's interest rates to above 15%
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

Trump threatens 25% tariffs on Mexico and Canada on Feb. 1, punting Day 1 pledge
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%.

Instant View: Canada's annual inflation rate eases to 1.8% in December
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

Canada's annual inflation rate drops to 1.8% in December on sales tax relief
Business|Economy|Europe|Political|Stock Markets|US

German carmakers say Trump tariffs would hurt US consumers, industry

U.S.

German carmakers say Trump tariffs would hurt US consumers, industry
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

After two years of smooth sailing, Fed ready to navigate rocky bond market, Trump uncertainty
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

Sri Lanka's inflation drops to minus 2% in December
Business|Economy|Political|US

Trump’s sweeping agenda injects uncertainty into a healthy economy

Trump’s sweeping agenda injects uncertainty into a healthy economy

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.

Economists split on Singapore monetary policy amid Trump 2.0 uncertainties
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

Trump says 25% tariffs on Canada and Mexico coming on Feb. 1 as he signs several orders on economy
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,

US dollar tumbles as Trump team suggests tariff delay, vows flurry of executive orders
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

Indian housing market shows slowdown immunity, Godrej chairperson says
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

Trump to call for 'all of government' response to fight inflation, aide says
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

Mexico's central banker Heath sees inflation dipping below 4% in January
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

Seeking market confidence, Israel central bank urges budget passage without changes
Business|Economy|Europe|Food

Champagne sales sink because people don’t want to celebrate

Champagne sales sink because people don’t want to celebrate

Champagne sales sink because people don’t want to celebrate
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

Even Fed officials are trying to figure out how to do their jobs in the next Trump era
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

Biden’s economic legacy: Historic wage gains, investment and job growth but marred by inflation
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

Stocks rally to close out strong week, await Trump policies
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

Milei's Argentina seals budget surplus for first time in 14 years
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,

Brazil's Haddad says high interest rates will curb inflation
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

Mexico economy growth outlook sluggish, bracing for U.S. tariff hit - Reuters poll
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

ECB should not rush rate cuts, Nagel says
Economy|Finance|Political|US

Fed to hold rates in Jan as Trump's policies stir inflation worries: Reuters poll

The U.S.

Fed to hold rates in Jan as Trump's policies stir inflation worries: Reuters poll
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

Waller and Bessent help peg back Treasury yields
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

Argentina's Milei set to clinch trade surplus record on grains, energy exports
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.

Worker shortages may define the 2025 economy: Mike Dolan
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.

BOJ likely to keep hawkish policy pledge, raise rates next week, sources say
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

Dollar turns lower, yen strengthens ahead of Trump inauguration
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

American shoppers wrap up the year in a spending mood, boding well for the U.S. economy
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

Fed may cut rates sooner and faster than expected if disinflation trend holds up, Waller says
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

Bank of Canada to cut rates on Jan. 29, cautious over potential US tariff impact: Reuters poll
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

Why are interest rates rising when the Fed has been cutting them?
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

Inflation relief and bumper bank earnings
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

BOJ to raise rates by end-March, most analysts lean toward January hike- Reuters poll
Asia|Business|Economy|Finance|Stock Markets

Global inflation relief lifts bond yield gloom

A look at the day ahead in Asian markets. 

Global inflation relief lifts bond yield gloom
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

Argentina to reform anti-dumping system to boost competition
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

Venezuela inflation was 48% year-on-year in 2024, Maduro tells lawmakers
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

Inflation revival persists as market risk despite CPI-fueled rally
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

Bank of England's Taylor says it's time to cut interest rates
Business|Economy|Finance|Political|US

Fed's Williams says policy data dependent in very uncertain environment

By Michael S.

Fed's Williams says policy data dependent in very uncertain environment
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

US consumer prices post largest gain in nine months; underlying inflation slowing
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

Bank of England to cut interest rates four times this year - Reuters poll
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

Russian prices up 9.5% in 2024, continue to grow in 2025, statistical data shows
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

US stocks surge after latest inflation report shows progress on price hikes
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

US inflation picked up in December but underlying price pressures eased
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

US 30-year mortgage rate tops 7%, highest since May 2024
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

Nigerian inflation rises for fourth straight month in December
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

UK house prices rise by most since February 2023, ONS says
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

Rising borrowing costs batter UK government and threaten to derail its left-leaning program
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

German ministry warns 2025 uncertainty to weigh on economic recovery
Business|Economy|Environment|US

Economists say Los Angeles fire to have limited national economic impact

By Michael S.

Economists say Los Angeles fire to have limited national economic impact
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

South Korea's import prices surge at fastest pace in five months as won weakens
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

Argentina slows peso crawling peg as inflation eases
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

S&P 500 edges higher, Nasdaq dips in choppy session as inflation data eyed
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

How Biden's domestic policy record stacks up against public perception
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

US inflation still slowing as producer prices rise below expectations in December
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

Woodford Reserve’s parent company is cutting nearly 700 jobs as spirit sales sink
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

Italian firms gloomier on outlook amid trade war fears, central bank survey shows
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

Japan's service mood improves, rising costs cloud outlook
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

Syria's new central bank chief vows to boost bank independence post Assad
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

BOJ deputy governor flags chance of rate hike next week
Economy|Finance|Political|US

Robust US economy may not need Trump's big reforms

U.S.

Robust US economy may not need Trump's big reforms
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

Dollar stays strong as doubts about Fed rate cuts grow
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

Argentina's inflation expected to have accelerated 2.7% in December
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

Russian central bank dismisses retail deposit freeze rumours
Economy|Finance|Political|US

New York Fed survey finds mixed inflation expectations in December

By Michael S.

New York Fed survey finds mixed inflation expectations in December
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

S&P500 wipes post-election gains as bonds haunt
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

Sterling extends slide as dollar rallies, gilt yields rise
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

Euro zone savings rate dips in Q3 but stays exceptionally high
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

ECB seeking middle ground with rate cuts, Lane tells newspaper
Business|Economy|Finance|Stock Markets|US

Jobs report fuels Treasury yield surge as markets brace for 5% threshold

A recent surge in U.S.

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

Rosy wage outlook, weak yen drawing BOJ attention to inflation risks
Asia|Business|Economy|Finance|Stock Markets

Hot US jobs data stoke yield fire, scold stocks

A look at the day ahead in Asian markets. 

Hot US jobs data stoke yield fire, scold stocks
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

Inflation report could rattle markets after bond yields climb
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

Hungary plans talks with allies to combat higher oil prices after new US sanctions on Russia
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.

Treasury yields rise, stock falls pressured by stronger-than-expected US jobs data
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

US consumer inflation expectations soar in January on tariff fears
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

Constellation Brands cuts annual forecasts as beer demand weakens
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

Brazil's inflation ends 2024 above target, setting stage for more rate hikes
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

Options market positioned for US Treasury 10-year yield to hit 5% in near term
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

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

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,

Japan November household spending falls as price pressures persist
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

Peru central bank cuts benchmark interest rate to 4.75%
Business|Economy|Finance|US

Fed's Schmid says central bank 'near' neutral interest rate level

By Michael S.

Fed's Schmid says central bank 'near' neutral interest rate level
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

Mexico's central bank opens door to larger rate cuts, citing progress on inflation
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

Here's what you need to know about credit card defaults
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

For good reasons and bad, global bond wobble passes over euro zone
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

Mexico's annual inflation eases in December, supporting further rate cuts
Economy|Finance|Political|US

Fed's Collins says now is time for patient, gradual approach to rate cuts

By Michael S.

Fed's Collins says now is time for patient, gradual approach to rate cuts
Economy|Finance|Political|US

Fed's Harker still expects rate cuts but says imminent move not needed

By Michael S.

Fed's Harker still expects rate cuts but says imminent move not needed
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

Euro zone consumers hold back spending as economy stagnates
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.

Fed can soothe Trump or Treasuries, not both: Mike Dolan
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

Seven & i, at centre of M&A tussle, sees quarterly profit tumble
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

Philippine cbank has room to further ease policy, governor says
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

Australia retailers get Black Friday boost, but no bar posed to rate cut
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

Bond market selloff jolts global investors as Trump worries grow
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

Japan Nov real wages fall for 4th straight month as inflation weighs
Asia|Business|Economy|Finance|Stock Markets

China inflation lands amid global bond turmoil

A look at the day ahead in Asian markets. 

China inflation lands amid global bond turmoil
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

Fact check: President Biden defends Hunter Biden pardon with false and inaccurate claims
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

Stock market today: Wall Street holds firmer following Tuesday's slide
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

Yellen says COVID spending may have contributed 'a little bit' to inflation
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.

Fed minutes may begin to show the hurdle to further rate cuts
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

Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
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

ECB could reach neutral rate by summer, Villeroy says
Economy|Finance|Political|US

Treasury yield surge reflects expectations of more long-term debt

Longer-term U.S.

Treasury yield surge reflects expectations of more long-term debt
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

Top Fed official backs new rate cuts even if Trump tariffs materialize
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

Why are UK borrowing costs jumping?
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

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

Sri Lanka c. bank to focus on stronger crisis recovery in 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

Euro zone households likely to keep saving to rebuild wealth, ECB says
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

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

Former BOJ chief Kuroda predicts more rate hikes
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

Mexico's headline inflation seen slowing in December, core index likely accelerated: Reuters Poll
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

US service sector growth picks up; input prices gauge highest in nearly two years
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

Ghana’s Mahama returns as president, vowing to boost economy
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

Italy Dec EU-harmonised CPI decelerates to 1.4% y/y, 2024 average at 1.1%
Business|Economy|Food|US

McDonald’s biggest menu shakeup in years rolls out Tuesday

McDonald’s biggest menu shakeup in years rolls out Tuesday

McDonald’s biggest menu shakeup in years rolls out Tuesday
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.

Vietnam central bank to keep flexible monetary policy, monitor Trump policies
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

Bank of Israel holds rates on high inflation, economic uncertainty
Business|Economy|Finance|Political|US

Fed's Cook: Further rate cuts can come cautiously

The U.S.

Fed's Cook: Further rate cuts can come cautiously
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,

Stung by high prices, Argentines seek cheaper Nikes, Big Macs abroad
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

Trump's policies may not prove inflationary, Bernanke, others say
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

Spain's December services activity grows at fastest pace in 20 months, PMI shows
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

German service sector grows modestly in December despite rising costs, PMI shows
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.

Thai inflation returns to target range for first time in 7 months
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,

India's services sector ended 2024 on a strong footing, PMI shows
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,

Egypt's non-oil private sector contracts in December as cost pressures rise, PMI shows
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

Fed's Kugler, Daly say job not done on inflation
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

Bank of Israel to hold rates this week but cut possible in February - Reuters Poll
Business|Economy|Finance|Political|US

Fed's Kugler says data will drive Fed policy choices amid uncertainty

By Michael S.

Fed's Kugler says data will drive Fed policy choices amid uncertainty
Business|Economy|Finance|Political|US

Fed policy may need to stay restrictive for longer due to inflation risk, Barkin says

The U.S. central bank's benchmark policy rate should stay restrictive until it is more certain that inflation is returning to its 2% target, Richmond Federal

Fed policy may need to stay restrictive for longer due to inflation risk, Barkin says
Business|Economy|Finance|MidEast|World

Turkish inflation falls more than expected to 44%

Turkish inflation was lower than expected at 44.38% annually and 1.03% on a monthly basis in December, data showed on Friday, in a month in which the central bank launched an

Turkish inflation falls more than expected to 44%
Business|Economy|US

US unemployment claims fall to 211,000, the lowest level since March

The number of Americans applying for unemployment checks dropped last week to the lowest level since March, suggesting that most workers enjoy unusual job security

US unemployment claims fall to 211,000, the lowest level since March
Business|Economy|Finance|Stock Markets|US

The first trading day of the year, be wary

A look at the day ahead in U.S. and global markets from Dhara Ranasinghe.

The first trading day of the year, be wary
Business|Economy|US

Workers in these states just got a pay raise

Workers in these states just got a pay raise

Workers in these states just got a pay raise
Business|Economy|Europe|Finance|Political|Stock Markets|US

Markets usher in 2025 with Trump trepidation

A look at the day ahead in European and global markets from Rae Wee An air of caution lingered over markets on Thursday as Donald Trump's impending return to the White House - and his plans for hefty

Markets usher in 2025 with Trump trepidation
Asia|Business|Economy

Indonesia's Dec inflation at 1.57% y/y, as expected

Indonesia's annual inflation rate in December was 1.57%, barely changed from 1.55% in the previous month, official data showed on Thursday, and close to economists' estimate of a

Indonesia's Dec inflation at 1.57% y/y, as expected
Asia|Business|Economy

Singapore economy grew 4.0% in 2024, advance estimate shows, fastest post-pandemic growth

Singapore's economy grew 4.0% in 2024, its fastest annual pace since exiting the pandemic, accelerating from an expansion of 1.1% in 2023 and 3.8% in 2022, preliminary government

Singapore economy grew 4.0% in 2024, advance estimate shows, fastest post-pandemic growth
Americas|Economy|Political

Venezuela economy grew over 9% in 2024, president says

Venezuela's economy grew over 9% in 2024, President Nicolas Maduro said, according to a transcript of an interview published by Mexican media outlet La Jornada on Wednesday.

Venezuela economy grew over 9% in 2024, president says
Business|Economy|Finance|Stock Markets|US

Stocks just did something they haven’t done in nearly three decades

Stocks just did something they haven’t done in nearly three decades

Stocks just did something they haven’t done in nearly three decades
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Wall Street indexes lose ground as market closes another record-breaking year

Stock indexes closed mostly lower on Wall Street on the final day of another record-setting year

Stock market today: Wall Street indexes lose ground as market closes another record-breaking year
Business|Economy|Finance|Stock Markets|US

Gold set for brightest year since 2010 on rate cuts, safe-haven demand

Gold prices were set to end a record-breaking year on a positive note on Tuesday as robust central bank buying, geopolitical uncertainties and

Gold set for brightest year since 2010 on rate cuts, safe-haven demand
Economy|Finance|MidEast|Political|World

Turkey hikes fuel tax by 6%, aims to control inflation

Turkey imposed a 6% tax hike on fuel on Tuesday, after its finance minister said over the weekend that tax moves on fuel and tobacco would not affect the government's inflation goal

Turkey hikes fuel tax by 6%, aims to control inflation
Asia|Economy|Finance|Political|Stock Markets|US

Stock market today: Wall Street slips in final days of a banner year for US stocks

Stocks fell on Wall Street as a strong year for the market looks set to end on a sour note

Stock market today: Wall Street slips in final days of a banner year for US stocks
Economy|Finance|MidEast|Political|World

Turkey's fuel, tobacco tax moves will not harm inflation goal, Simsek says

Turkey's tax hikes for fuel and tobacco next year will be set in a way that will not endanger the country's 2025 inflation plans, Treasury and Finance Minister Mehmet Simsek said.

Turkey's fuel, tobacco tax moves will not harm inflation goal, Simsek says
Business|Economy|Political|US

What to expect for gas prices in 2025

What to expect for gas prices in 2025

What to expect for gas prices in 2025
Economy|Election|Political|US|World

Incumbents had a bad year. Will 2025 be different?

Incumbents had a bad year. Will 2025 be different?

Economy|MidEast|Political|World

Thousands protest in Turkey to demand bigger hike in minimum wage

Thousands of people protested in Turkey's capital Ankara on Saturday to demand a bigger hike in the minimum wage, chanting slogans calling on the government to resign and waving the

Business|Economy|Europe|World

Russian manufacturing growth slows in December as inflation pressures linger, PMI shows

Russia's manufacturing sector continued to expand in December, but at a slower pace than the previous month, as inflationary pressures remained high and business confidence weakened

Russian manufacturing growth slows in December as inflation pressures linger, PMI shows
Economy|Health|Political|US|World

US homelessness rose by record 18% in latest annual data

There was a record 18% rise in homelessness in the U.S. in the last year, driven by factors like unaffordable housing, high inflation, systemic racism, natural

US homelessness rose by record 18% in latest annual data
Americas|Business|Economy|Finance

Brazil mid-December inflation slows but ends year above target

Brazil's consumer prices rose less than expected in the month to mid-December, government statistics agency IBGE said on Friday, an outcome insufficient, however, to lead

Brazil mid-December inflation slows but ends year above target
Americas|Business|Economy

Brazil's jobless rate hits fresh all-time low but job creation slows

Brazil's jobless rate hit a fresh record low in the three months through November, official data showed on Friday, but job creation slowed to its lowest pace in nearly a

Brazil's jobless rate hits fresh all-time low but job creation slows
Business|Economy|Europe|Finance|World

Russian rouble seen around 100 per US dollar in early 2025- Reuters poll

The Russian rouble is expected to keep changing hands for around 100 per U.S. dollar at the start of 2025 and gradually weaken to 108 towards

Russian rouble seen around 100 per US dollar in early 2025- Reuters poll
Economy|Finance|MidEast|World

Turkish inflation seen at 45.2% in December, down to 26.5% at end-2025: Reuters poll

Turkey's inflation rate is expected to rise by 1.61% in December from the previous month and stand at 45.2% year-on-year, with the annual rate seen falling to 26.5% by the end of

Turkish inflation seen at 45.2% in December, down to 26.5% at end-2025: Reuters poll
Business|Economy|Europe|World

High food prices dampen festive spirits in Russia

This holiday season, many Russians are tightening their belts. 

High food prices dampen festive spirits in Russia
Asia|Business|Economy

Inflation in Japan's capital accelerates, keeps rate hike prospects intact

Core inflation in Japan's capital accelerated in December while services inflation held steady, data showed on Friday, keeping alive market

Inflation in Japan's capital accelerates, keeps rate hike prospects intact
Australia|Business|Economy|Finance|Stock Markets

Interest rate path to determine if Aussie banks can sustain rich valuations in 2025

The Australian central bank's rate trajectory and its effect on inflation will decide if Australian bank shares can eke out growth in 2025 after a

Interest rate path to determine if Aussie banks can sustain rich valuations in 2025
Business|Economy|US

Holiday shoppers increased spending by 3.8% despite higher prices

New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries

Holiday shoppers increased spending by 3.8% despite higher prices
Business|Economy|Finance|Stock Markets|US

Dollar gains on yen on bets of US growth, inflation

The U.S. dollar hit a five-month high against the Japanese yen on Thursday on expectations the greenback would be boosted next year by policies by the incoming

Dollar gains on yen on bets of US growth, inflation
Economy|Finance|MidEast|Political|World

Turkish cenbank rate cut expectations rise after 30% minimum wage hike

Expectations of a Turkish central bank rate cut strengthened on Wednesday after a less-than-requested minimum wage hike, economists said, as it showed the

Turkish cenbank rate cut expectations rise after 30% minimum wage hike
Business|Economy|Europe|Finance|World

Russia's inflation reaches 9.5% this year, weekly data shows

Russia's inflation has reached 9.5% this year, according to new weekly data showing that the consumer price index rose by 0.33% in the week leading up to Dec. 23, the statistical

Russia's inflation reaches 9.5% this year, weekly data shows
Economy|Education|MidEast|Political|World

Turkey's soaring costs are creating a 'lost generation' of kids forced to help their families get by

One-third of Turkey's children live in poverty, with many forced to work to support their struggling families

Turkey's soaring costs are creating a 'lost generation' of kids forced to help their families get by
Americas|Economy|Political

Colombia minimum wage to increase 9.54% to $323 per month in 2025

Colombia's minimum wage will increase by 9.54% in 2025, Colombia's President Gustavo Petro said on Tuesday, announcing the hike by decree after a deal was not reached between the

Colombia minimum wage to increase 9.54% to $323 per month in 2025
Americas|Business|Economy|Political

Mexico central bank could weigh rate cut of 25 or 50 bps in February, deputy governor says

Mexico's central bank board could discuss a rate cut of either 25 basis points or 50 basis points in its next decision in February, Deputy Governor

Mexico central bank could weigh rate cut of 25 or 50 bps in February, deputy governor says
Economy|Finance|MidEast|Political|World

Turkey raises monthly minimum wage by 30% for 2025

Turkey's net monthly minimum wage will be 22,104 Turkish lira ($630.36) in 2025, Turkish President Tayyip Erdogan said on Tuesday, marking a 30% increase from 2024.

Turkey raises monthly minimum wage by 30% for 2025
Asia|Business|Economy

India's growth trajectory poised to pick up in Oct-March, cenbank bulletin says

India's growth trajectory is expected to pick up in the second half of 2024-25, driven by domestic private consumption and a sustained revival of rural demand, the central bank said

India's growth trajectory poised to pick up in Oct-March, cenbank bulletin says
Asia|Business|Economy|Finance|Political

BOJ debated need for caution in raising rates, Oct minutes show

Bank of Japan policymakers agreed in October to keep raising interest rates if the economy moves in line with their forecast, but some stressed the need for caution on

BOJ debated need for caution in raising rates, Oct minutes show
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Wall Street rises at the start of a holiday-shortened week

Stocks closed higher on Wall Street at the start of a holiday-shortened week

Stock market today: Wall Street rises at the start of a holiday-shortened week
Business|Economy|Finance|Political|US

Oil prices ease on surplus concerns, dollar strength

Oil prices edged lower on Monday in thin trade ahead of the Christmas holiday on concerns about a supply surplus next year and a strengthened dollar.

Oil prices ease on surplus concerns, dollar strength
Business|Economy|US

Party City to close its stores as company files for bankruptcy

Party City announced that it's going to “wind down” its retail and wholesale operations as it prepares to shutter nearly 700 stores nationwide

Party City to close its stores as company files for bankruptcy
Economy|Europe|Finance|Stock Markets

Euro zone bond yields rise to one-month high

Euro zone government bond yields rose to their highest level in around a month on Monday as investors continued to try to gauge the outlook for central bank rate

Euro zone bond yields rise to one-month high
Business|Economy|Election|Political

An analyst looks ahead to how the US economy might fare under Trump

President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally

An analyst looks ahead to how the US economy might fare under Trump
Asia|Business|Economy|Finance|World

Sri Lanka's inflation rate drops to minus 1.7% in November

Sri Lanka's consumer price inflation dropped to minus 1.7% year-on-year in November after easing to minus 0.7% in October, official data showed on Monday, as the country posted a strong

Sri Lanka's inflation rate drops to minus 1.7% in November
Economy|Finance|Political|US

Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder

Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder

Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
Asia|Business|Economy

Former BOJ head Kuroda to become adviser at private think tank

Former Bank of Japan Governor Haruhiko Kuroda will become an adviser at the Japan Center for Economic Research from January, the non-profit, private think tank said on Monday.

Former BOJ head Kuroda to become adviser at private think tank
Economy|Europe|Finance|Political

Lagarde says ECB very close to reaching its inflation goal, FT reports

European Central Bank (ECB) President Christine Lagarde said the euro zone was getting "very close" to reaching the central bank's medium-term inflation goal, according to an interview

Lagarde says ECB very close to reaching its inflation goal, FT reports
Africa|Americas|Asia|Business|Economy|Europe|Finance|MidEast|Political|Stock Markets|US|World

Brace! Risks stack up for the global economy in 2025

No sooner had the global economy started to put the aftermath of the COVID-19 pandemic behind it than a whole new set of challenges opened up for 2025.

Brace! Risks stack up for the global economy in 2025
Africa|Crime|Economy|World

At least 13 dead in two crowd crushes in Nigeria

At least 13 people died in two incidents in Nigeria on Saturday as crowds, mostly women and children, scrambled for charity, police authorities

Economy|Political|US

Low-income Americans are struggling. It could get worse

Low-income Americans are struggling. It could get worse

Low-income Americans are struggling. It could get worse
Business|Economy|Food|Health|US

Bird flu drives US egg prices to all-time highs before Christmas

U.S. wholesale egg prices are shattering records as an accelerating outbreak of bird flu in laying hens slashes supplies while shoppers buy more to bake

Bird flu drives US egg prices to all-time highs before Christmas