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Today: May 31, 2025
Today: May 31, 2025

inflation

Business|Economy|Finance|Stock Markets

Fed officials say China-US tariff reprieve lowers risks

The U.S.-China deal to lower the most aggressive import tariffs between the world's two largest economies could lessen the impact of their

Fed officials say China-US tariff reprieve lowers risks
Business|Economy|World

BoE's Greene says price pressures still too high, inflation expectations rising

Bank of England monetary policymaker Megan Greene said on Monday that wage and inflation measures were moving in the right direction but remained too high and that she was worried

BoE's Greene says price pressures still too high, inflation expectations rising
Business|Economy|Europe|World

Markets reduce bets on ECB rate cuts after US-China talks, Schnabel remarks

Euro area benchmark Bund yields hit a fresh one-month high and markets reduced bets on European Central Bank interest rate cuts on Monday as an easing in trade and

Markets reduce bets on ECB rate cuts after US-China talks, Schnabel remarks
Business|Economy|Finance|World

ECB should keep steady hand, hold rates close to current levels, Schnabel says

The European Central Bank should stop cutting borrowing costs as turmoil in the global economy is fuelling price pressures and inflation was at risk of exceeding the bank's 2% target in the

ECB should keep steady hand, hold rates close to current levels, Schnabel says
Business|Economy|Finance|US

Fed's Cook warns tariffs could lower productivity, feed inflation

President Donald Trump's unfolding trade policy may curb U.S. productivity and possibly require higher interest rates to contain inflation in a less efficient

Fed's Cook warns tariffs could lower productivity, feed inflation
Business|Economy|Finance|Technology|World

Wall Street gains as first trade deal reached

U.S. stocks rose on Thursday as investors cheered a new trade agreement hammered out between the United States and Britain, while U.S.

Wall Street gains as first trade deal reached
Business|Economy|Finance|World

Global central banks diverge as tariff risks hamper US Fed

Big central banks are diverging as White House tariffs threaten to raise U.S. inflation and a dash out of the dollar sparks disinflationary currency strength

Global central banks diverge as tariff risks hamper US Fed
Business|Economy|Finance|World

Bank of England cuts interest rates and welcomes word of US-UK trade deal

The Bank of England is cutting its main interest rate by a quarter of a percentage point to 4.25% amid concerns over the potential shock to global growth emanating from the tariff policies of the Trump administration

Bank of England cuts interest rates and welcomes word of US-UK trade deal
Business|Economy|Europe|Finance|World

Higher interest rates to delay U.S. residential market recovery, CRH CEO says

A recovery in the currently subdued U.S. residential construction market will inevitably take longer due to interest rates and inflation potentially staying higher for longer, the

Higher interest rates to delay U.S. residential market recovery, CRH CEO says
Business|Economy|Finance|Political|Stock Markets|World

Instant View: BoE cuts rates, surprise vote split sends pound, yields higher

The Bank of England cut its main interest rate by 0.25 percentage points to 4.25% on Thursday, though with an unexpected three-way split among policymakers as U.S.

Instant View: BoE cuts rates, surprise vote split sends pound, yields higher
Business|Economy|Finance|World

Bank of England set to cut rates amid worries about Trump tariff fallout

The Bank of England is poised to extend its slow run of interest rate cuts on Thursday with investors watching for any signs that it could soon pick up the pace

Bank of England set to cut rates amid worries about Trump tariff fallout
Business|Economy

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
Business|Economy|Finance|World

UK services sector contracts at steepest pace since 2023, PMI shows

Britain's services sector, accounting for much of the economy, shrank in April for the first time since October 2023 and at the fastest pace in more than two years, according to a

UK services sector contracts at steepest pace since 2023, PMI shows
Business|Economy|Finance|World

Malaysia central bank seen holding key rate on May 8, cutting in Q4:Reuters Poll

Malaysia's central bank will hold its key interest rate steady on Thursday but is expected to lower it by 25 basis points in the last three months of the year to

Malaysia central bank seen holding key rate on May 8, cutting in Q4:Reuters Poll
Business|Economy|Environment|Finance|Science|World

Brazil's economy can grow 3% annually, Haddad says

Brazilian Finance Minister Fernando Haddad said on Monday the country has the conditions to grow at an average pace of 3% per year, which is the goal of President Luiz Inacio Lula da

Brazil's economy can grow 3% annually, Haddad says
Business|Economy|Education|Lifestyle|Political|World

In Milei's Argentina 'economic miracle', not everyone's a winner

Christian Bialogurski, 35, often spends 12 hours a day teaching communications classes at schools in the Buenos Aires suburbs, sometimes not eating until he

In Milei's Argentina 'economic miracle', not everyone's a winner
Business|Economy|Finance

Fed policymakers expected to keep rates steady as tariffs roil outlook

The Federal Reserve will doubtless leave interest rates unchanged on Wednesday, but the meeting may be the last where the outcome is so cut and dry with President Donald

Fed policymakers expected to keep rates steady as tariffs roil outlook
Business|Economy|Finance|Political|Stock Markets|World

Hungary's election-year 2026 budget hinges on risky growth projection, fiscal watchdog says

The Hungarian government's budget plans for the 2026 election year could be at risk if its economic growth assumptions prove too optimistic, the head of budget

Hungary's election-year 2026 budget hinges on risky growth projection, fiscal watchdog says
Business|Economy|Europe|Finance|Stock Markets|World

ECB's de Guindos optimistic about continued rate cuts in Presse interview

There is reason to be optimistic about the European Central Bank's current phase of rate cuts continuing, Vice President Luis de Guindos said in an interview to be published in the

ECB's de Guindos optimistic about continued rate cuts in Presse interview
Business|Economy|Technology|World

Motorola Solutions forecasts weak second-quarter profit amid tariff uncertainty

(This May 1 story has been corrected to remove references to dwindling demand for its safety and security services in paragraph 1, and to businesses and government agencies cutting tech budgets in

Motorola Solutions forecasts weak second-quarter profit amid tariff uncertainty
Business|Economy|Finance|World

Microsoft and Meta Platforms lead Wall Street higher

Microsoft and Meta Platforms drove Wall Street higher after delivering profits for the start of the year that were even bigger than analysts expected

Microsoft and Meta Platforms lead Wall Street higher
Business|Economy|Finance|Stock Markets|US

Gloomy retail earnings show consumers are feeling the pinch of US tariffs

Lackluster quarterly results from consumer-facing companies including McDonald's and Harley-Davidson are the latest sign that American shoppers are curbing spending amid

Gloomy retail earnings show consumers are feeling the pinch of US tariffs
Business|Economy|Finance|Stock Markets|World

Kellanova misses sales estimate as spending in US slows

Pringles maker Kellanova missed market expectations for first-quarter net sales on Thursday, as consumer spending weakened in the company's biggest market due to inflation.

Kellanova misses sales estimate as spending in US slows
Business|Economy|Environment|World

Canadian factory PMI hits near five-year low on tariff uncertainty

Canadian manufacturing activity contracted in April at the steepest rate since shortly after the start of the COVID-19 pandemic as the uncertain nature of U.S. trade

Canadian factory PMI hits near five-year low on tariff uncertainty
Business|Economy|Europe|World

Confidence among UK company bosses rises after Trump tariff reversal

British business leaders have turned their most optimistic about the economy since before finance minister Rachel Reeves' autumn budget, according to a survey that suggested U.S.

Confidence among UK company bosses rises after Trump tariff reversal
Business|Economy|Finance|World

Russia's 2025 budget deficit seen rising to 1.5% of GDP because of cheaper oil

Russia's budget deficit is projected to be 1.5% of gross domestic product (GDP) in 2025, three times the government's target, as the country prepares for a prolonged period of low

Russia's 2025 budget deficit seen rising to 1.5% of GDP because of cheaper oil
Business|Economy

US consumer spending surges in March, inflation cools

U.S. consumer spending increased solidly in March as households boosted purchases of motor vehicles to avoid higher prices and shortages due to tariffs, but that did little to

US consumer spending surges in March, inflation cools
Business|Economy|World

US economy shrinks in first quarter as tariffs unleash flood of imports

The U.S. economy contracted for the first time in three years in the first quarter, swamped by a flood of imports as businesses raced to avoid higher costs from

US economy shrinks in first quarter as tariffs unleash flood of imports
Business|Economy|Finance|World

US tariffs mean cautious rate decisions needed, Taiwan central bank minutes show

Uncertainty brought about by U.S. import tariffs means decisions on interest rate policy need to be cautious, according to minutes from the Taiwan central bank's latest meeting

US tariffs mean cautious rate decisions needed, Taiwan central bank minutes show
Business|Economy|Finance|Stock Markets|World

India central bank has room for more rate cuts, but with caution, says rate panel member

India has room for more rate cuts, given the declining inflation and elevated uncertainties around growth, but any further policy easing should be

India central bank has room for more rate cuts, but with caution, says rate panel member
Australia|Business|Economy

Coles sees strong demand in home brand, keeps 'eye on' tariff ripple effects

Australian supermarket chain Coles' chief said on Wednesday that shoppers remain sharply focused on value, driving strong quarterly growth in

Coles sees strong demand in home brand, keeps 'eye on' tariff ripple effects
Business|Economy|Political|US|World

Trump eases auto tariffs burden as Lutnick touts first foreign trade deal

U.S.

Trump eases auto tariffs burden as Lutnick touts first foreign trade deal
Business|Economy|Political|Technology|World

Amazon is not planning to break out tariff costs online as White House attacks potential move

Amazon is not planning to display added tariff costs next to product prices on its site — despite a report that sparked speculation the e-commerce giant would soon show the new import charges, as well as fiery comments from President Donald Trump’s White House denouncing such a move

Amazon is not planning to break out tariff costs online as White House attacks potential move
Business|Economy|Finance|Stock Markets|US|World

US corporate bond markets betray caution behind recent rebound

U.S. corporate bond markets are showing signs of caution about the economy and inflation despite a rebound in new issuances and credit spreads in the weeks since

US corporate bond markets betray caution behind recent rebound
Business|Economy|Finance|Food|Stock Markets|US

Kraft Heinz lowers annual forecasts on muted demand, tariff volatility

Kraft Heinz on Tuesday slashed its full-year organic sales and profit forecasts, as demand for its snacks and ready-to-eat meal kits takes a hit from higher prices and an

Kraft Heinz lowers annual forecasts on muted demand, tariff volatility
Arts|Business|Economy|Environment|Finance|Intereview

In a vise of slowing demand and rising costs, small businesses are signaling trouble ahead

Tree trimming season runs 365 days a year in California's temperate climate and that typically means appointments running three weeks in advance

In a vise of slowing demand and rising costs, small businesses are signaling trouble ahead
Economy|Political|US

‘He’s dug a pretty serious hole here’: Ron Brownstein explains Trump's approval ratings

After winning a plurality of the popular vote in November, Donald Trump’s approval rating has plummeted to 41% - the worst of any president in his first 100 days in 70 years - according to a new CNN/SSRS poll. His approval on the economy — a key to his longtime political viability — is at its lowest-ever level at 39%. Only 35% approve of Trump's approach to inflation, the same number who back him on tariffs. CNN Senior Political Analyst Ron Brownstein joins CNN Newsroom to explain why the president's ratings tumbled.

‘He’s dug a pretty serious hole here’: Ron Brownstein explains Trump's approval ratings
Business|Economy|Finance|US

CNN Poll: A growing majority says Trump has made the economy worse, with most skeptical of his tariff plans

CNN Poll: A growing majority says Trump has made the economy worse, with most skeptical of his tariff plans

CNN Poll: A growing majority says Trump has made the economy worse, with most skeptical of his tariff plans
Business|Economy|Europe|World

ECB may cut rates below neutral, Rehn says

The European Central Bank may cut interest rates below the neutral level that keeps the economy in balance, ECB policymaker Olli Rehn said on Monday, adding that that euro zone

ECB may cut rates below neutral, Rehn says
Asia|Business|Economy|World

Bank of Thailand to cut rates on April 30 as US tariffs weigh on growth outlook- Reuters poll

The Bank of Thailand (BOT) is set to cut its key interest rate by a quarter percentage point on Wednesday to support slowing economic growth, according to a

Bank of Thailand to cut rates on April 30 as US tariffs weigh on growth outlook- Reuters poll
Business|Economy|Europe|Finance|Stock Markets|US|World

ECB consensus builds for June rate cut but no appetite for big move, sources say

European Central Bank policymakers are becoming increasingly confident about cutting interest rates in June as inflation continues its march lower, but there

ECB consensus builds for June rate cut but no appetite for big move, sources say
Business|Economy|Finance|Stock Markets|US

Big tech earnings, US jobs data highlight busy week for markets

A packed upcoming week for markets will test a U.S. stocks rebound, with investors focused on a wave of corporate results led by Apple and Microsoft, while the

Big tech earnings, US jobs data highlight busy week for markets
Business|Economy|Finance|Stock Markets|World

JPMorgan survey shows consensus over weak dollar, US stagflation

There is a much higher risk of stagflation than recession in the U.S. economy over the next year, while the asset class most expected to outperform in 2025 is cash, according to the results

JPMorgan survey shows consensus over weak dollar, US stagflation
Africa|Business|Economy|Finance|World

South Africa 2025 economic growth forecast cut to 1.5% on tariff worries: Reuters poll

South African economic growth will be a bit weaker this year than thought a month ago partly due to trade tensions, with U.S.

South Africa 2025 economic growth forecast cut to 1.5% on tariff worries: Reuters poll
Business|Economy|Finance|Political|World

Russia keeps key rate on hold, braces for global turbulence

The Russian central bank maintained its key interest rate at 21% on Friday, with inflation starting to decline but new risks facing the Russian

Russia keeps key rate on hold, braces for global turbulence
Science

‘Extraordinary claims require extraordinary evidence’ − an astronomer explains how much evidence scientists need to claim discoveries like extraterrestrial life

An astronomer breaks down 3 key components that allow researchers to make groundbreaking discoveries – and decide when results aren’t significant.

‘Extraordinary claims require extraordinary evidence’ − an astronomer explains how much evidence scientists need to claim discoveries like extraterrestrial life
Business|Economy|Europe

Rising bills and trade war push UK consumer mood to 17-month low

British consumer confidence slid this month to its lowest level since November 2023 as people became much gloomier about the outlook for the economy, with rising bills and the

Rising bills and trade war push UK consumer mood to 17-month low
Business|Economy|Finance|Stock Markets|US

Chipotle tempers annual sales forecast as dining-out takes a hit

Chipotle Mexican Grill on Wednesday tempered its annual comparable sales growth forecast as sticky inflation and economic uncertainty force consumers to dine out less, sending the burrito

Chipotle tempers annual sales forecast as dining-out takes a hit
Business|Economy|US

Price hikes, a rush to buy autos, and uncertainty in wake of Trump tariffs -- Fed report

Prices are rising and economic activity has begun to slow across parts of the nation as businesses and households try to adapt to U.S.

Price hikes, a rush to buy autos, and uncertainty in wake of Trump tariffs -- Fed report
Business|Economy|Europe|Finance|US

ECB's Lagarde: U.S. tariffs could have a disinflationary impact in Europe

European Central Bank President Christine Lagarde said on Wednesday U.S. tariffs could have a disinflationary impact in Europe if there are no European countermeasures but they prompt China

ECB's Lagarde: U.S. tariffs could have a disinflationary impact in Europe
Business|Economy|Political

Fact check: Trump lies about the price of eggs, groceries and gas

Fact check: Trump lies about the price of eggs, groceries and gas

Fact check: Trump lies about the price of eggs, groceries and gas
Business|Economy|Finance|Stock Markets|US

Tariffs restrain US business activity, boost asking prices for products

U.S. business activity slowed to a 16-month low in April while prices charged for goods and services soared amid uncertainty caused by tariffs, reinforcing

Tariffs restrain US business activity, boost asking prices for products
Business|Economy|Finance|Stock Markets|World

Indonesia central bank holds policy rates to keep rupiah stable

Indonesia's central bank held policy rates steady for a third consecutive review on Wednesday, as expected, aiming to maintain rupiah exchange

Indonesia central bank holds policy rates to keep rupiah stable
Business|Economy|Europe|Finance|World

ECB expects wage growth to ease considerably this year

Wage growth in the euro zone is expected to ease considerably this year, according to data from the European Central Bank released on Wednesday.

ECB expects wage growth to ease considerably this year
Business|Economy|Political

Americans sour on Trump's handling of the economy, Reuters/Ipsos poll finds

Americans elected President Donald Trump in hopes that he would fight inflation and boost the U.S. economy, but as he approaches his 100th day in office they are

Americans sour on Trump's handling of the economy, Reuters/Ipsos poll finds
Business|Economy|Political|World

Putin's central banker Nabiullina will serve until 2027 despite attacks, sources say

Russian central bank chief Elvira Nabiullina is safe in her job for two more years with President Vladimir Putin's personal support but the

Putin's central banker Nabiullina will serve until 2027 despite attacks, sources say
Business|Economy|Finance|US

Fed's Kugler, citing inflation risks, supports steady policy rate

Federal Reserve Governor Adriana Kugler said on Tuesday that with U.S. import tariffs significantly larger than expected and likely to put upward pressure on prices, the central bank ought

Fed's Kugler, citing inflation risks, supports steady policy rate
Americas|Business|Economy|Finance|World

Argentina's surprise peso strength tempers fears of inflation comeback

Argentina's peso is gaining ground despite being unleashed from years-long currency controls designed to stop it falling, helping to banish fears that

Argentina's surprise peso strength tempers fears of inflation comeback
Business|Economy|Finance|Political|US|World

IMF cuts growth forecasts for most countries in wake of century-high US tariffs

The International Monetary Fund on Tuesday slashed its growth forecasts for the United States, China and most countries, citing the impact of U.S. tariffs now

IMF cuts growth forecasts for most countries in wake of century-high US tariffs
Business|Economy|Europe|Finance|Political

IMF chops UK growth forecast as Trump tariffs hit global economy

Britain's economic growth forecast for 2025 received the sharpest downgrade of any major European economy from the International Monetary Fund on Tuesday as

IMF chops UK growth forecast as Trump tariffs hit global economy
Asia|Business|Economy

Indian economy less vulnerable to global headwinds, says cenbank

India's economy is relatively less vulnerable to global headwinds, and calibrated policy support could help the country turn current volatility into an opportunity, the Reserve Bank

Indian economy less vulnerable to global headwinds, says cenbank
Economy|Finance|Political|Stock Markets|US

Investors fear Trump's attacks on Powell will pile on pain

Investors are fearful of a deep hit to asset prices if U.S.

Investors fear Trump's attacks on Powell will pile on pain
Business|Economy|Europe|Finance|Political

BoE's Greene says US tariffs likely to put downward pressure on UK inflation

Britain is more likely to see lower rather than higher inflation as a result of U.S. President Donald Trump's tariffs, Bank of England policymaker Megan Greene said on Tuesday.

BoE's Greene says US tariffs likely to put downward pressure on UK inflation
Business|Economy|Finance|Political|US

Jerome Powell isn’t rushing to lower rates, even if Trump is rushing to fire him

Jerome Powell isn’t rushing to lower rates, even if Trump is rushing to fire him

Jerome Powell isn’t rushing to lower rates, even if Trump is rushing to fire him
Economy|Finance|Political|Stock Markets|US

US bond funds suffer fifth weekly outflow on tariff-driven inflation fears

U.S. bond funds came under heavy selling pressure in the week to April 16, highlighting concerns that U.S.

US bond funds suffer fifth weekly outflow on tariff-driven inflation fears
Business|Economy|Finance|MidEast

All 5 members of Bank of Israel monetary policy committee backed leaving rates unchanged

All five members of the Bank of Israel's Monetary Policy Committee voted to keep the benchmark interest rate unchanged at 4.5% on April 7, according to minutes of the meeting

All 5 members of Bank of Israel monetary policy committee backed leaving rates unchanged
Business|Economy|Finance|Political|World

Russian central bank expected to keep key rate on hold at 21%: Reuters poll

The Russian central bank will keep its benchmark rate on hold at 21% at a board meeting on April 25, all 25 analysts who took part in a Reuters poll predicted

Russian central bank expected to keep key rate on hold at 21%: Reuters poll
Asia|Business|Economy|Finance|Political

BOJ likely to keep rate-hike signal intact despite Trump tariff risks, sources say

The Bank of Japan is expected to signal next week that risks from higher U.S. tariffs will not derail a cycle of rising wages and inflation seen as crucial to keep

BOJ likely to keep rate-hike signal intact despite Trump tariff risks, sources say
Business|Economy|Finance|Political|World

Turkey's Simsek sees very high probability of inflation in cenbank range

Turkish Finance Minister Mehmet Simsek said he does not foresee Turkey changing its economic course following recent market and trade developments, and

Turkey's Simsek sees very high probability of inflation in cenbank range
Business|Economy|Finance|Political|US

With inflation progress slow, Fed's Daly says rate cuts may need to wait

San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable with a couple of interest rate cuts this year, rising risks of inflation mean the

With inflation progress slow, Fed's Daly says rate cuts may need to wait
Economy|Finance|Political|US

Trump’s attacks on central bank threaten its independence − and that isn’t good news for sound economic stewardship (or battling inflation)

Monetary policy can be wielded as a tool to boost an economy around election time, which explains why politicians want to have a say on it.

Trump’s attacks on central bank threaten its independence − and that isn’t good news for sound economic stewardship (or battling inflation)
Business|Economy|Finance|Political|US

Trump wants Powell out of the Fed. Waiting in the wings is Kevin Warsh

Trump wants Powell out of the Fed. Waiting in the wings is Kevin Warsh

Trump wants Powell out of the Fed. Waiting in the wings is Kevin Warsh
Economy|Europe|Finance|MidEast|Political

Turkey's Simsek says disinflation to continue, FX pass-through limited

Turkish Finance Minister Mehmet Simsek said on Friday that disinflation would continue despite some recent deterioration in expectations, adding that the

Turkey's Simsek says disinflation to continue, FX pass-through limited
Asia|Business|Economy|World

Japan's core inflation accelerates, complicating BOJ's rate path

Japan's core inflation accelerated in March due to persistent rises in food costs, data showed on Friday, complicating the central bank's task of weighing mounting

Japan's core inflation accelerates, complicating BOJ's rate path