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
May 12, 2025The U.S.-China deal to lower the most aggressive import tariffs between the world's two largest economies could lessen the impact of their
May 12, 2025Bank 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
May 12, 2025Euro 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
May 12, 2025The 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
May 09, 2025President Donald Trump's unfolding trade policy may curb U.S. productivity and possibly require higher interest rates to contain inflation in a less efficient
May 09, 2025U.S. stocks rose on Thursday as investors cheered a new trade agreement hammered out between the United States and Britain, while U.S.
May 08, 2025Big 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
May 08, 2025The 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
May 08, 2025A 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
May 08, 2025The 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.
May 08, 2025The 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
May 07, 2025The 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
May 06, 2025Britain'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
May 06, 2025Malaysia'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
May 05, 2025Brazilian 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
May 05, 2025Christian Bialogurski, 35, often spends 12 hours a day teaching communications classes at schools in the Buenos Aires suburbs, sometimes not eating until he
May 05, 2025The 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
May 05, 2025The 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
May 04, 2025There 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
May 02, 2025(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
May 01, 2025Microsoft and Meta Platforms drove Wall Street higher after delivering profits for the start of the year that were even bigger than analysts expected
May 01, 2025Lackluster quarterly results from consumer-facing companies including McDonald's and Harley-Davidson are the latest sign that American shoppers are curbing spending amid
May 01, 2025Pringles 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.
May 01, 2025Canadian 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
May 01, 2025British 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.
April 30, 2025Russia'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
April 30, 2025U.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
April 30, 2025The 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
April 30, 2025Uncertainty 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
April 30, 2025India has room for more rate cuts, given the declining inflation and elevated uncertainties around growth, but any further policy easing should be
April 30, 2025Australian supermarket chain Coles' chief said on Wednesday that shoppers remain sharply focused on value, driving strong quarterly growth in
April 29, 2025U.S.
April 29, 2025Amazon 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
April 29, 2025U.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
April 29, 2025Kraft 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
April 29, 2025Tree trimming season runs 365 days a year in California's temperate climate and that typically means appointments running three weeks in advance
April 29, 2025After 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.
April 29, 2025CNN Poll: A growing majority says Trump has made the economy worse, with most skeptical of his tariff plans
April 28, 2025The 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
April 28, 2025The 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
April 28, 2025European Central Bank policymakers are becoming increasingly confident about cutting interest rates in June as inflation continues its march lower, but there
April 26, 2025A 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
April 25, 2025There 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
April 25, 2025South African economic growth will be a bit weaker this year than thought a month ago partly due to trade tensions, with U.S.
April 25, 2025The Russian central bank maintained its key interest rate at 21% on Friday, with inflation starting to decline but new risks facing the Russian
April 25, 2025An astronomer breaks down 3 key components that allow researchers to make groundbreaking discoveries – and decide when results aren’t significant.
April 25, 2025British 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
April 24, 2025Chipotle 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
April 23, 2025Prices are rising and economic activity has begun to slow across parts of the nation as businesses and households try to adapt to U.S.
April 23, 2025European 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
April 23, 2025Fact check: Trump lies about the price of eggs, groceries and gas
April 23, 2025U.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
April 23, 2025Indonesia's central bank held policy rates steady for a third consecutive review on Wednesday, as expected, aiming to maintain rupiah exchange
April 23, 2025Wage growth in the euro zone is expected to ease considerably this year, according to data from the European Central Bank released on Wednesday.
April 23, 2025Americans 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
April 23, 2025Russian central bank chief Elvira Nabiullina is safe in her job for two more years with President Vladimir Putin's personal support but the
April 23, 2025Federal 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
April 22, 2025Argentina's peso is gaining ground despite being unleashed from years-long currency controls designed to stop it falling, helping to banish fears that
April 22, 2025The 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
April 22, 2025Britain's economic growth forecast for 2025 received the sharpest downgrade of any major European economy from the International Monetary Fund on Tuesday as
April 22, 2025India'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
April 22, 2025Investors are fearful of a deep hit to asset prices if U.S.
April 22, 2025Britain 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.
April 22, 2025Jerome Powell isn’t rushing to lower rates, even if Trump is rushing to fire him
April 22, 2025U.S. bond funds came under heavy selling pressure in the week to April 16, highlighting concerns that U.S.
April 21, 2025All 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
April 21, 2025The 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
April 21, 2025The 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
April 21, 2025Turkish Finance Minister Mehmet Simsek said he does not foresee Turkey changing its economic course following recent market and trade developments, and
April 21, 2025San 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
April 18, 2025Monetary 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.
April 18, 2025Trump wants Powell out of the Fed. Waiting in the wings is Kevin Warsh
April 18, 2025Turkish Finance Minister Mehmet Simsek said on Friday that disinflation would continue despite some recent deterioration in expectations, adding that the
April 18, 2025Japan'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
April 17, 2025