Peru's sol has become Latin America's most stable currency, shaking off political turmoil in the nation that's had five presidents in as many years and seen deadly
January 30, 2025
Spain's European Union-harmonised 12-month inflation rate rose to 2.9% in January, from 2.8% in the period through December, preliminary data from the National Statistics Institute (INE)
January 30, 2025
Bank of Japan Deputy Governor Ryozo Himino said on Thursday that the central bank will continue to raise interest rates if the economy and prices move in line with
January 30, 2025
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy
January 30, 2025
Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is
January 30, 2025
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation changes, Goldman Sachs CEO David Solomon said in comments
January 30, 2025
The Federal Reserve left interest rates in the 4.25% to 4.50% target range on Wednesday and gave little insight into when further easing may take place in an economy where inflation remains
January 29, 2025
Brazil's central bank raised its benchmark interest rate by 100 basis points for the second straight meeting on Wednesday and signaled another hike of that size
January 29, 2025
By Howard Schneider, Michael S.
January 29, 2025
The Federal Reserve left its key interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue
January 28, 2025
Key takeaways from the Fed’s decision to pause interest rate cuts
January 29, 2025
The Czech National Bank (CNB) has limited room to ease monetary policy this year, with domestic inflation threats warranting caution, and there will
January 29, 2025
More Indians are becoming less hopeful about their quality of life as stagnant wages and higher living costs cloud future prospects, a survey showed, in disappointing news for
January 29, 2025
The Bank of Canada on Wednesday cut its growth forecasts for both 2025 and 2026, citing the dampening effect of government policies designed to curb population growth.
January 29, 2025
Sweden's central bank cut its key policy rate to 2.25% from 2.50% as expected on Wednesday to boost sluggish economic growth and said its forecast for interest rates held though
January 29, 2025
Sweden's gross domestic product grew 0.2% in the fourth quarter from the previous three-month period, a flash estimate from the statistics office showed on Wednesday.
January 29, 2025
Indian Prime Minister Narendra Modi may seek to arrest slowing economic growth in the world's fifth-largest economy and prepare for an uncertain year of global trade when his
January 29, 2025
Some Bank of Japan policymakers began to lose faith in the power of former Governor Haruhiko Kuroda's "bazooka" stimulus less than two years after its introduction,
January 29, 2025
BMW expects its fourth-quarter pre-tax earnings to be significantly below last year and its full-year margin to be in the lower half of its 6-7% target, according to slides posted on the
January 28, 2025
By Michael S.
January 28, 2025
U.S. consumer confidence weakened for a second straight month in January amid renewed concerns about the labor market and inflation.
January 28, 2025
Trump pledged to bring down food prices on Day One. Instead, eggs are getting more expensive
January 28, 2025
The Bank of Japan will likely raise interest rates again around June or July, and seek to triple its policy rate to at least 1.5% in the next two
January 28, 2025
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates
January 27, 2025
Global economic policymakers had been braced for an economic firestorm from the new U.S. administration but instead got a surprisingly
January 27, 2025
Central bank independence is being challenged in parts of the world and greater political influence could undermined banks' ability to keep inflation down, risking economic
January 27, 2025
Inflation was a driving force behind Donald Trump's election victory, but he's put the issue on the back burner during his first week in office
January 26, 2025
Expect record-high egg prices for most of the year
January 25, 2025
At their last meeting in December, U.S.
January 24, 2025
U.S. stocks edged back from their all-time high as they closed out a second straight winning week
January 24, 2025
The U.S. dollar slid on Friday and was set for its biggest weekly loss in over a year after President Donald Trump suggested a softer
January 21, 2025
Like most presidents, Donald Trump faces an economy that seldom bends to political ambitions
January 24, 2025
U.S. business activity slowed to a ninth-month low in January amid rising price pressures, but firms reported boosting hiring, supporting the Federal Reserve's
January 24, 2025
Brazil's annual inflation rate slowed less than expected in early January, official data showed on Friday, cementing the likelihood that the central bank will hike interest rates
January 24, 2025
Russian companies surveyed by the central bank expect inflation in 2025 of 10.7%, more than double the official forecast, and named labour shortages as one of the main factors
January 24, 2025
Brazil's central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with more to increases follow, taking the cost of borrowing to
January 24, 2025
Global policymakers have made remarkable progress in tackling inflation without inducing a recession, but some work remains to be done, International Monetary Fund Managing Director
January 24, 2025
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut
January 24, 2025
U.S.
January 24, 2025
Pakistan's central bank is expected to lower its key interest rate by at least 1 percentage point on Monday, analysts said, in its sixth straight cut as it attempts
January 24, 2025
The yen strengthened and Japanese government bond yields rose to fresh multi-year highs on Friday after the Bank of Japan hiked interest rates as expected and raised
January 24, 2025
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts,
January 23, 2025
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation
January 24, 2025
Japan's core consumer prices rose 3.0% in December year-on-year to mark the fastest annual pace in 16 months, likely cementing a central bank rate hike later in the
January 23, 2025
Argentina's economy grew for the first time in half a year, posting a modest 0.1% year-on-year expansion in November that beat expectations, official data showed on Thursday.
January 23, 2025
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep
January 23, 2025
Nigeria needs to double economic growth within the next year or two from an annualized rate of 3.5% in the third quarter to lift its population out of
January 23, 2025
Giant U.S. asset managers overseeing well over $20 trillion are anticipating continued price pressures because of President Donald Trump's immigration and
January 23, 2025
Mexico's annual inflation rate slowed to its lowest level in almost four years in the first half of January, official data showed on Thursday, a price level likely to encourage the central
January 23, 2025
The UK's FTSE 100 rose on Thursday, ending just short of a fresh record high as investors sought clarity on U.S.
January 23, 2025
Investors already concerned about Brazil's ballooning public debt load under veteran leftist President Luiz Inacio Lula da Silva are being forced to reckon with
January 23, 2025
The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary
January 23, 2025
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%
January 23, 2025
Polish central banker Joanna Tyrowicz still does not see any grounds for interest rate cuts given the continued overshoot of the inflation target, she told a private radio station
January 23, 2025
Norway's central bank held its policy interest rate unchanged at a 17-year high of 4.50% on Thursday, as unanimously expected by analysts in a Reuters poll, and
January 23, 2025
The Russian economy has shown resilience during the three years of war in Ukraine and Western sanctions.
January 23, 2025
Singapore's key consumer price gauge rose 1.8% in December from a year earlier, more than economist forecasts and the lowest in more than three years, official
January 23, 2025
The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final
January 23, 2025
Jamie Dimon on tariffs: ‘Get over it’
January 22, 2025
Staff from an International Monetary Fund (IMF) mission are in Argentina discussing a possible new debt deal, an economy ministry source told Reuters on Wednesday, confirming
January 22, 2025
Economic activity in Argentina likely fell again in November versus the same month a year earlier, but less than the 0.7% contraction in October, a Reuters
January 22, 2025
The Bank of Israel could reduce short-term interest rates one or two times in the second half of 2025 as long as inflation moves back below 3%, Governor Amir Yaron
January 22, 2025
European Central Bank interest rates will keep falling as policymakers are confident that inflation will stabilise at the bank's 2% target, Finnish central bank chief Olli Rehn
January 22, 2025
The new Trump administration's policies may affect inflation in the United States but are unlikely to have much impact on price pressures in Europe, ECB policymaker Francois Villeroy de
January 22, 2025
In many respects, Donald Trump inherited the "golden age" he claims to be ushering in. All he really needs to do is not screw it up.
January 22, 2025
Japan's retailers, typically among the most tight-fisted of employers, are offering big pay increases for a second year in a row, meaning
January 22, 2025
Here’s what will get more expensive from 25% tariffs on Mexican and Canadian goods
January 21, 2025
Economists have launched a fresh wave of upward revisions to projections for Brazil's interest rate this year, citing deteriorating inflation expectations, a
January 21, 2025
Trump threatens 25% tariffs on Mexico and Canada on Feb. 1, punting Day 1 pledge
January 21, 2025
Canada's annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month's 1.9%.
January 21, 2025
Canada's annual inflation rate slowed in December, data showed on Tuesday, helped by a sales tax break which kicked off in the middle of the month and brought
January 21, 2025
U.S.
January 21, 2025
After two years of progress on inflation and surprisingly persistent economic growth, the Federal Reserve next week meets with one eye on new Trump
January 21, 2025
Sri Lanka's consumer price inflation dropped to minus 2% year-on-year in December after easing to minus 1.7% in November, official data showed on Tuesday, as the country posted a strong
January 21, 2025
Trump’s sweeping agenda injects uncertainty into a healthy economy
January 21, 2025Economists are split on whether Singapore's central bank will loosen monetary policy this week or leave its settings unchanged to wait to see what policies U.S.
January 21, 2025
President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports
January 20, 2025
The dollar dropped on Monday after news President Donald Trump's new administration will not immediately impose trade tariffs,
January 20, 2025
India's economic slowdown is not expected to show up in the country's housing market, Godrej Industries Group Chairperson
January 20, 2025
President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down
January 20, 2025
Mexico's headline and core inflation rates will likely land below 4% in January, deputy central bank governor Jonathan Heath told newspaper Excelsior in a story published on
January 20, 2025
Israel's monetary policy committee urged lawmakers to approve the 2025 state budget without further changes to ensure confidence in financial markets, the Bank
January 20, 2025
Champagne sales sink because people don’t want to celebrate
January 20, 2025
Even Fed officials are trying to figure out how to do their jobs in the next Trump era
January 19, 2025
Biden’s economic legacy: Historic wage gains, investment and job growth but marred by inflation
January 19, 2025
U.S. stocks rallied on Friday to close out a strong week on optimism over the health of the economy and path of interest rates as investors braced for a slew
January 17, 2025
Argentina brought in its first budget surplus in more than a decade in 2024, data published on Friday showed, marking a win for libertarian President Javier Milei and his sweeping austerity
January 17, 2025
Brazil's Finance Minister Fernando Haddad said on Friday that high interest rates are poised to have a much stronger effect on inflation than many expect,
January 17, 2025
Mexico's economy will stay sluggish this year, a Reuters poll of economists found, as the country braces for a possible radical shift in U.S. tariff and
January 17, 2025
The European Central Bank should not rush to lower interest rates because inflation remains high and uncertainty great, ECB policymaker Joachim Nagel said in an interview
January 17, 2025
The U.S.
January 17, 2025
A look at the day ahead in U.S. and global markets from Mike Dolan Salvos from a Federal Reserve governor and the incoming Treasury Secretary helped nail down this week's inflation-inspired retreat in
January 17, 2025
Argentina likely logged the largest trade surplus in its history in 2024, a Reuters analyst poll released on Friday showed, on the back of libertarian
January 17, 2025
For all the trepidation about world trade, debt and inflation, it could well be worker shortages that define economic trends this year - on both sides of the Atlantic.
January 17, 2025
The Bank of Japan is likely to raise interest rates next week barring any market shocks when U.S.
January 17, 2025
The U.S. dollar weakened against the yen on Thursday, as softer-than-expected U.S. economic data and growing confidence for a Bank of Japan interest-rate hike
January 16, 2025
American consumers wrapped up the year in a spending mood, shopping for all sorts of merchandise from furniture to clothing, and eating out at restaurants, according to the latest government snapshot
January 16, 2025
Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates sooner and faster than expected, Federal
January 16, 2025
The Bank of Canada will cut interest rates by 25 basis points to 3.00% on Jan. 29, according to a Reuters poll of economists, but many were not confident about
January 16, 2025
The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S. stock market that's knocked indexes from their records
January 15, 2025
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's best day of the year so far was rooted in inflation relief and a boom in bank stocks reporting bumper earnings, with a
January 16, 2025
The Bank of Japan will raise interest rates again at one of the two meetings this quarter to 0.50%, an overwhelming majority of economists surveyed by Reuters
January 16, 2025
A look at the day ahead in Asian markets.
January 15, 2025
Argentina will roll out changes to the country's anti-dumping system in an effort to promote greater competition and bring down prices, Economy Minister Luis Caputo said on social media on
January 16, 2025
Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas Maduro told lawmakers in an annual address to the national assembly and other
January 15, 2025
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and
January 15, 2025
The Bank of England should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan Taylor, the BoE's most recently
January 15, 2025
By Michael S.
January 15, 2025
U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to still-elevated inflation that aligns with
January 15, 2025
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but
January 15, 2025
Russian consumer prices grew by 9.52% last year compared to 7.42% in 2023, final statistical data showed on Wednesday, making the 2024 inflation rate the fourth highest in the last
January 15, 2025
US stocks surge after latest inflation report shows progress on price hikes
January 15, 2025
U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit
January 14, 2025
The interest rate for the most popular U.S. home loan rose last week to an eight-month high of 7.09%, extending an upward trend that's squeezing would-be homebuyers already
January 15, 2025
Nigeria's inflation rate rose for the fourth straight month in December, advancing to 34.80% in annual terms from 34.60% in November, data from the statistics agency showed on
January 15, 2025
British house prices rose at their fastest annual pace in almost two years in November, adding to signs of resilience in the property market despite high borrowing costs, official
January 15, 2025
Britain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political scandals just six months after taking office, is now being battered by rising borrowing costs that threaten to derail its left-leaning program
January 15, 2025
Germany can only hope for a tangible economic recovery once there is clarity on the economic, financial and geopolitical outlook, the economy ministry said in its monthly report on
January 15, 2025
By Michael S.
January 14, 2025
South Korea's import prices accelerated in December at the fastest pace in five months, central bank data showed on Wednesday, signalling renewed inflationary pressures due to a
January 14, 2025
Argentina's central bank will slow the rate of the local peso's devaluation, it said on Tuesday, after new data showed annual inflation slowing in December and as the central
January 14, 2025
The S&P 500 edged higher while the Nasdaq dipped after a volatile session on Tuesday as investors gauged inflation data and braced for quarterly earnings
January 14, 2025
President Joe Biden's tenure in the White House is ending with a gulf between his policy record and his public reputation
January 14, 2025
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation
January 14, 2025
Woodford Reserve’s parent company is cutting nearly 700 jobs as spirit sales sink
January 14, 2025
Pessimism about the economic outlook has increased among Italian businesses as worries about an international trade war weigh on sentiment, the Bank of Italy said in a survey
January 14, 2025
Japan's service-sector sentiment improved in December but companies expect conditions to sour ahead, a government survey showed on Tuesday, a sign the rising cost of
January 14, 2025
Syria's new central bank governor, Maysaa Sabreen, said she wants to boost the institution's independence over monetary policy decisions, in what would be a sea
January 14, 2025
The Bank of Japan will debate whether to raise interest rates next week as prospects of sustained wage gains heighten and the U.S. policy outlook becomes clearer in
January 14, 2025
U.S.
January 13, 2025
The dollar rose on Monday, driving its peers to multi-year lows, after Friday's blowout U.S. jobs report underscored economic strength and fueled growing doubts
January 13, 2025
Argentina's monthly inflation likely rose 2.7% last month, an acceleration from the 2.4% reading in November, according to the median expectations of analysts
January 13, 2025
The Russian central bank has sought to dismiss rumours about a possible freezing of retail deposits, which have seen explosive growth in recent months due to rising interest rates
January 13, 2025
By Michael S.
January 13, 2025
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's S&P 500 index has all but wiped out its post-election gains, weighed by bond markets fearful of an
January 13, 2025
The British pound extended its recent drop against the dollar and the euro on Monday driven by investor concerns about Britain's fiscal sustainability as gilt yields
January 13, 2025
Euro zone households reduced their savings a touch in the third quarter of last year but still set aside an exceptionally large portion of their disposable income, highlighting a
January 13, 2025
The European Central Bank can ease policy further this year but must find a middle ground that neither induces a recession nor causes an undue delay in curbing inflation, ECB
January 13, 2025
A recent surge in U.S.
January 10, 2025Prospects of sustained wage gains in Japan and the boost to import costs from a weak yen have heightened attention within the central bank to rising inflationary
January 10, 2025
A look at the day ahead in Asian markets.
January 12, 2025
U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising Treasury yields and uncertainty over
January 10, 2025
Hungary plans to hold talks with regional allies to counter the impact of higher oil prices resulting from a new round of US sanctions on Russia's oil and gas sector, Hungarian
January 12, 2025
Global stocks fell while U.S.
January 08, 2025
U.S. consumers expect inflation to increase over the next 12 months and beyond, likely reflecting concerns that broad tariffs on imports pledged by President-elect Donald
January 10, 2025
Constellation Brands cut its annual sales and profit forecasts after weak consumer spending on its Modelo Oro and Corona Light beers pulled third-quarter results below estimates, taking its
January 10, 2025
Brazil's annual inflation came in slightly below market forecasts in December but still ended 2024 above the upper limit of the central bank's target range, with policymakers
January 10, 2025
Investors in the futures options market are betting the benchmark U.S. 10-year Treasury yield is headed higher to 5% in the near term, reflecting
January 10, 2025
Global markets face a choppy ride ahead of U.S. inauguration day on Jan. 20, with Britain and the U.S. releasing key inflation data, China publishing growth numbers while earnings on Wall
January 10, 2025Norway's core inflation rate eased more than expected in December, Statistics Norway (SSB) data showed on Friday, supporting forecasts that interest rates will begin to decline this
January 10, 2025Japanese household spending fell at a slower pace than expected in November, government data showed on Friday, but the broader consumption trend remained soft,
January 09, 2025
Peru's central bank trimmed its benchmark interest rate by 25 basis points to settle at 4.75% on Thursday, surprising analysts who expected the country's monetary authority to hold
January 09, 2025
By Michael S.
January 09, 2025
The Bank of Mexico could increase the size of cuts to its benchmark interest rate in future meetings as inflation eases in Latin America's second-largest
January 09, 2025
Credit card defaults are on the rise for Americans, reaching the highest amount in 14 years
January 09, 2025
Just as Britain and the United States come under pressure from investors worried about growing debt and sticky inflation, the euro zone seems to be largely
January 09, 2025
Mexico's headline inflation rate eased more than expected in December, fueling bets that the central bank will keep cutting its benchmark interest rate despite an
January 09, 2025
By Michael S.
January 09, 2025
By Michael S.
January 09, 2025
Euro zone retail sales grew less than expected in November, confirming that consumption remains in the doldrums and adding to a recent string of gloomy data about the health of
January 09, 2025
Extreme bond market agitation has put the Federal Reserve in a bind.
January 09, 2025
Japan's Seven & i Holdings, operator of the 7-Eleven convenience store chain, said operating profit fell 24% in the latest quarter, missing analysts' estimates, as
January 09, 2025
The Philippine central bank has room to ease monetary policy, its governor said on Thursday, following this week's data showing annual inflation stayed within its 2% to 4% target
January 09, 2025
Australian retail sales had the biggest increase in 10 months in November as Black Friday discounting drew cost-conscious shoppers, but the rise missed
January 09, 2025
A sharp selloff in the world's biggest government bond markets and a continued rise in the dollar sent
January 08, 2025
Japan's inflation-adjusted real wages fell for the fourth straight month in November weighed down by higher prices even as base pay grew at the fastest pace in more than three
January 08, 2025
A look at the day ahead in Asian markets.
January 08, 2025
Fact check: President Biden defends Hunter Biden pardon with false and inaccurate claims
January 08, 2025
U.S. stock indexes held firmer and finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected
January 08, 2025
The Biden administration's spending on stimulus to keep the economy going during the COVID pandemic may have contributed "a little bit" to
January 08, 2025
Federal Reserve officials have been signaling that further interest rate cuts are on hold for now given slowed progress on inflation and a still-strong U.S.
January 08, 2025
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes
January 08, 2025
The European Central Bank's interest rates should reach the point where they are no longer a drag on growth by this summer if inflation is tamed by then, ECB policymaker Francois
January 08, 2025
Longer-term U.S.
January 08, 2025
A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated inflation and the prospect of widespread tariffs
January 08, 2025
Britain's government borrowing costs have leapt this week, adding to the challenges facing finance minister Rachel Reeves who is planning to sell hundreds of
January 08, 2025
Industrial production in Brazil fell for the second month in a row in November, data showed on Wednesday, in a sign the economy may be cooling as the central bank tightens
January 08, 2025Sri Lanka will focus on stronger recovery this year after the island nation posted real GDP growth of 5% in 2024, the highest in seven years, its central bank
January 08, 2025
Euro zone households could keep saving a large portion of their income to rebuild wealth lost to high inflation, the European Central Bank argued, suggesting lacklustre
January 08, 2025
Tanzania's central bank left its key interest rate unchanged at 6% on Wednesday, holding it steady for a third consecutive policy meeting, with an aim of
January 08, 2025The Bank of Japan will likely keep raising interest rates in the coming years as inflation appears on track to sustainably hit its 2% target, said former governor
January 08, 2025
Mexico's annual inflation rate likely fell in December, a Reuters poll of analysts showed on Tuesday, fueling bets the central bank will keep cutting its benchmark interest
January 07, 2025
U.S. services sector activity accelerated in December, but a surge in a measure of prices paid for inputs to near a two-year high pointed to elevated inflation
January 07, 2025
John Dramani Mahama was sworn in for a second term as Ghana's president on Tuesday at a ceremony in the capital Accra, pledging to overcome public
January 07, 2025
Italian EU-harmonised consumer prices (HICP) rose 0.1% month-on-month in December, with the annual inflation rate slowing to 1.4% from 1.5% in November, preliminary figures showed on
January 07, 2025
McDonald’s biggest menu shakeup in years rolls out Tuesday
January 07, 2025
Vietnam will maintain a flexible monetary policy aimed at controlling inflation, while authorities will monitor the policies of U.S.
January 07, 2025
The Bank of Israel left interest rates unchanged for the eighth straight meeting on Monday, citing expectations of higher inflation and economic uncertainty due
January 06, 2025
The U.S.
January 06, 2025
In the shopping malls of Santiago de Chile and the beaches of Brazil, Argentines are snapping up clothes,
January 06, 2025
A number of leading economists, including advisers to past U.S. presidents, have coalesced around the view that President-elect Donald Trump's plans to broaden
January 06, 2025
Spain's service sector expanded in December at its fastest pace since April 2023, driven by a sharp rise in new business and a recovery in activity following the country's deadly
January 06, 2025
Germany's service sector experienced a slight uptick in business activity in December, bringing it back into growth territory despite increasing price pressures, a survey showed on
January 06, 2025
Thailand inflation rate returned to the target range for the first time since May last year, lifted by higher energy and food prices, the commerce ministry said on Monday.
January 06, 2025
India's dominant services sector ended 2024 on a high note as sustained demand boosted activity to a four-month high and led to strong hiring in December,
January 06, 2025
Operating conditions in Egypt's non-oil private sector deteriorated in December, with output and new orders falling at the sharpest rates in eight months amid rising cost pressures,
January 06, 2025
Two Federal Reserve policymakers on Saturday said they feel the U.S. central bank's job of taming
January 04, 2025
The Bank of Israel is expected to leave short-term interest rates unchanged for an eighth straight policy meeting this week, although analysts believe a rate cut
January 05, 2025
By Michael S.
January 03, 2025
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
January 03, 2025
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
January 03, 2025
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
January 02, 2025
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe.
January 02, 2025
Workers in these states just got a pay raise
January 02, 2025
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
January 02, 2025
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
January 02, 2025
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
January 02, 2025
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.
January 01, 2025
Stocks just did something they haven’t done in nearly three decades
December 31, 2024
Stock indexes closed mostly lower on Wall Street on the final day of another record-setting year
December 31, 2024
Gold prices were set to end a record-breaking year on a positive note on Tuesday as robust central bank buying, geopolitical uncertainties and
December 31, 2024
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
December 31, 2024
Stocks fell on Wall Street as a strong year for the market looks set to end on a sour note
December 30, 2024
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.
December 30, 2024
What to expect for gas prices in 2025
December 30, 2024
Incumbents had a bad year. Will 2025 be different?
December 30, 2024Thousands 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
December 28, 2024Russia'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
December 28, 2024
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
December 27, 2024
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
December 27, 2024
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
December 27, 2024
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
December 27, 2024
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
December 27, 2024
This holiday season, many Russians are tightening their belts.
December 27, 2024
Core inflation in Japan's capital accelerated in December while services inflation held steady, data showed on Friday, keeping alive market
December 26, 2024
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
December 26, 2024
New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries
December 26, 2024
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
December 26, 2024
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
December 25, 2024
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
December 25, 2024
One-third of Turkey's children live in poverty, with many forced to work to support their struggling families
December 25, 2024
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
December 24, 2024
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
December 24, 2024
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.
December 24, 2024
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
December 24, 2024
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
December 24, 2024
Stocks closed higher on Wall Street at the start of a holiday-shortened week
December 23, 2024
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.
December 23, 2024
Party City announced that it's going to “wind down” its retail and wholesale operations as it prepares to shutter nearly 700 stores nationwide
December 22, 2024
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
December 23, 2024
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
December 23, 2024
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
December 23, 2024
Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
December 23, 2024
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.
December 23, 2024
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
December 23, 2024
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.
December 23, 2024
At least 13 people died in two incidents in Nigeria on Saturday as crowds, mostly women and children, scrambled for charity, police authorities
December 21, 2024Low-income Americans are struggling. It could get worse
December 21, 2024
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
December 20, 2024
U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one
December 20, 2024
Colombia's central bank on Friday cut its benchmark interest rate by 25 basis points to 9.50%, a smaller move than expected by markets, as it
December 20, 2024
Chicago Federal Reserve President Austan Goolsbee said on Friday he now projects a shallower rate-cutting path in 2025 than he had previously, but added he still believes the U.S. central
December 20, 2024
The personal consumption expenditures (PCE) price index rose a less-than-expected 0.1% in November, marking a cooler inflation picture than October's unrevised 0.2% gain, and, combined with
December 20, 2024
By Michael S.
December 20, 2024
Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high consumer inflation fueled by the Kremlin’s war against Ukraine
December 20, 2024
The Fed’s go-to inflation gauge ticked up less than expected last month
December 20, 2024
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains
December 20, 2024
Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank unexpectedly held its key rate at 21%.
December 20, 2024
The Russian central bank kept its key interest rate on hold at 21% on Friday, surprising the market, which had expected a 2 percentage point
December 20, 2024
Creamy, delectable – and pricey
December 20, 2024
Hungary's parliament approved Prime Minister Viktor Orban's 2025 budget on Friday, shrugging off concerns by the Fiscal Council that the government's growth
December 20, 2024
In rare criticism of its past policies, the Bank of Japan said former governor Haruhiko Kuroda's stimulus didn't change consumer psychology as much as planned,
December 20, 2024
Japan's core inflation accelerated in November as rising food and fuel costs hit households, data showed on Friday, keeping the central bank under pressure to raise
December 19, 2024
U.S. stocks ended little changed on Thursday, giving up an initial rebound from a sharp drop in the prior session after the Federal Reserve forecast fewer-than
December 19, 2024
An early rebound for U.S. stocks petered out by the end of the day, leaving indexes close to flat
December 19, 2024
Mexico's central bank lowered its benchmark interest rate by 25 basis points to 10.00% on Thursday and signaled larger rate cuts could be
December 19, 2024
German lawmakers passed a taxation reform on Thursday to combat the burden on households caused by higher inflation, with approval secured by the votes of the former coalition
December 19, 2024
The International Monetary Fund views Wednesday's Federal Reserve interest rate cut and adoption of a more cautious outlook as appropriate given high U.S.
December 19, 2024
Retailers including Target and Walmart are stocking shelves with more toys and gifts such as Barbies that cost less than $10 this holiday season, a strategy
December 19, 2024
The European Central Bank should keep cutting interest rates by small increments and there is no need to ease policy to a level that starts stimulating economic
December 19, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Although the Federal Reserve's "hawkish cut" on Thursday had been broadly expected, markets now fear 4% policy rates will be the
December 19, 2024
The Russian economy is showing signs of overheating which is stoking worryingly high inflation, President Vladimir Putin said, expressing hope
December 19, 2024
Bank of England policymakers voted 6-3 to keep interest rates on hold on Thursday, a bigger split than economists had predicted as officials
December 19, 2024
Norway's central bank held its policy interest rate unchanged at a 16-year high of 4.50% on Thursday, as expected, and said it now planned to cut rates three times in 2025, down from
December 19, 2024
Sweden's central bank cut its key interest rate by quarter of a percentage point to 2.50% as expected on Thursday, but said that after easing policy five times
December 19, 2024
The imminent arrival of Donald Trump in the White House was already shaping global economic policy-making this week as the U.S.
December 19, 2024
Following are some of the key quotes from Russian President Vladimir Putin's annual phone-in and press conference.
December 19, 2024
The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate
December 19, 2024
Jerome Powell just showed Donald Trump who’s boss
December 19, 2024The U.K.’s central bank has warned about “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target even at a time when the British economy is flatlining at best
December 19, 2024
The Bank of Japan kept interest rates unchanged on Thursday and its governor offered few clues on how soon it could push up borrowing costs, sending
December 18, 2024
The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses
December 18, 2024
The Bank of Japan kept interest rates steady on Thursday, as policymakers preferred to tread cautiously in pushing up borrowing costs amid uncertainty over U.S. president-elect Donald
December 19, 2024
The Bank of Japan kept interest rates steady on Thursday, underscoring policymakers' preference to spend more time scrutinising whether wage hikes will broaden and keep inflation
December 19, 2024
The Bank of England looks set to hold interest rates at 4.75% on Thursday, despite signs of a slowing economy, as persistent inflation pressures limit it to a "
December 19, 2024
A look at the day ahead in Asian markets. The Federal Reserve has spoken, and as far as investors are concerned, the message was clear - clearly hawkish.
December 18, 2024
The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still-elevated inflation
December 18, 2024
The U.S.
December 18, 2024
By Michael S.
December 18, 2024
Key takeaways from the Fed’s third rate cut
December 18, 2024
U.S. central bankers on Wednesday issued fresh projections calling for two quarter-point interest-rate cuts next year amid rising inflation, a forecast consistent
December 18, 2024
The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will likely be Fed Chair Jerome Powell's last full one at the helm of
December 18, 2024
Poland is selling its frozen butter reserves to curb soaring prices
December 18, 2024
A weaker euro falling to parity with the dollar would cushion the impact of any new U.S. tariffs on euro zone growth although it would push up
December 18, 2024
South Korea's central bank will maintain its inflation target of 2% until the next policy review, as the era of "low-inflation" is unlikely to come in a year or two, the bank's
December 18, 2024
Chile's central bank cut its benchmark interest rate by 25 basis points to 5.00% on Tuesday, extending an easing cycle that began last year
December 17, 2024
Canada's annual inflation rate unexpectedly dropped by a tick to 1.9% in November, driven by a broad-based slowdown in prices, while the
December 17, 2024
Hungary's central bank left its base rate steady at the European Union's joint highest level of 6.5% on Tuesday, as widely expected, after
December 17, 2024
Americans may have to actually brace for stagflation with Trump tariffs
December 17, 2024The Philippine central bank will cut its key policy rate by a quarter point for the third time in a row on Thursday as inflation stays under control and the
December 17, 2024
Pakistan's central bank cut its key policy rate by 200 basis points to 13% on Monday, it said in a statement, its fifth straight reduction since June as the country
December 16, 2024
U.S. manufacturing activity contracted further in December, with a measure of factory output dropping to the lowest level in more than 4-1/2 years amid worries
December 16, 2024The European Central Bank expects to cut interest rates further if inflation settles at its 2% target as it expects, some of the ECB's top brass said on Monday.
December 16, 2024
Argentina's economy in the July to September period notched its first quarter-on-quarter economic expansion since entering a technical recession at the end 2023, but
December 16, 2024
Bank of Canada Governor Tiff Macklem on Monday said the world was now more prone to economic shocks and the central bank therefore needed to ensure it was
December 16, 2024
Housewife Yola Chura worried about high food prices while shopping at a market in Bolivia's highland city of El Alto, where she and many others are struggling
December 16, 2024
British businesses cut staffing by the most since the COVID pandemic and reported the sharpest confidence drop also since the lockdowns, according to two surveys
December 16, 2024
India's Tata Consumer Products will push back plans for some new Starbucks store openings until later in its existing schedule as fewer customers are walking into its
December 16, 2024
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting
December 15, 2024
The European Central Bank is confident that inflation will converge to the 2% goal in 2025 as is reflected in its monetary policy, ECB's Vice-President Luis de Guindos said on
December 16, 2024
Europe's labour market softened in the third quarter, data releases showed on Monday, pointing to a further decline in inflation pressures that could justify more interest rate
December 16, 2024
Taiwan's central bank is expected to keep its policy interest rate unchanged this week and to stay the course throughout next year given the strong economy and as it deals with
December 16, 2024
Food prices are on the rise again. What’s behind the increase
December 15, 2024
Israel's inflation dipped in November, data from the Central Bureau of Statistics showed on Sunday, but staying above target and likely not enough to push
December 15, 2024
Saudi Arabia's annual inflation rate continued to slowly accelerate, hitting 2% in November compared to 1.9% in October, according to government data released on Sunday, again
December 15, 2024
A banner year for U.S. stocks gets one of its last big tests with the coming week’s Federal Reserve meeting, as investors await the central bank's guidance on
December 13, 2024
Home shoppers hoping for more attractive mortgage rates next year may be disappointed
December 13, 2024Major brokerages including Bank of America, Goldman Sachs and Citigroup expect the European Central bank to cut interest rates by 25 basis points again at its first meeting of 2025 on Jan.
December 13, 2024
U.S. import prices barely rose in November as increases in the costs of food and fuels were partially offset by decreases elsewhere thanks to a strong dollar,
December 13, 2024
U.S. investors snapped up equity funds for a sixth consecutive week through Dec. 11, spurred by the potential for a Federal Reserve interest rate cut at the upcoming meeting, amid signs of
December 13, 2024
Germany's Free Democrats (FDP), which moved into opposition with the collapse of Chancellor Olaf Scholz's coalition last month, will support legislation to offset the burden of
December 13, 2024
Investors view it as a near given that the U.S.
December 13, 2024
Americans don't think import tariffs are a good idea if they lead to higher prices and are skeptical they would help U.S. workers, a Reuters/
December 13, 2024
Germany's economy will shrink for the second year in a row this year and its recovery will be lacklustre, potentially exacerbated by a trade war with the United States,
December 13, 2024
Japan's core consumer price inflation probably accelerated in November, driven by persistently high rice prices and the phasing out of utility subsidies, a Reuters poll showed on
December 13, 2024
The Bank of Japan is leaning toward keeping interest rates steady next week as policymakers prefer to spend more time scrutinising overseas risks and clues on next
December 12, 2024
Argentina's economy is expected to have contracted 2.6% in the third quarter of 2024 versus a year earlier, the sixth straight such decline, but expanded
December 12, 2024
Trump just said groceries will be more affordable ‘very soon.’ He’s also said that might be very hard to achieve
December 12, 2024
Stifel expects the S&P 500 index to peak in the first half of 2025, then fall 10% to 15% in the second half of the year, the brokerage said on Thursday citing concerns about slower
December 12, 2024The European Central Bank cut interest rates for the fourth time this year on Thursday and kept the door open to further easing ahead as inflation closes in on its goal and the
December 12, 2024
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago
December 12, 2024
The Swiss National Bank cut its interest rate by 50 basis points on Thursday, its biggest reduction in almost 10 years, responding to weaker than expected inflation in
December 12, 2024
Germany will grow by only 0.4% next year if it fails to overcome structural challenges but can achieve 1.1% growth if the right economic policy course is set, the
December 12, 2024
A look at the day ahead in European and global markets from Kevin Buckland A momentous couple weeks for global central banks brings policy decisions from two of the biggest on Thursday: the European
December 12, 2024
Brazil's central bank raised interest rates by a greater-than-expected 100 basis points on Wednesday and pointed to matching hikes for the next two meetings,
December 11, 2024
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated
December 11, 2024
Argentina's monthly inflation rate slowed to 2.4% in November, the lowest in over four years, the official INDEC statistics
December 11, 2024
U.S. consumer prices increased in November by the most in seven months, but the Federal Reserve was still expected to deliver a third consecutive interest rate
December 11, 2024
It’s not just you: McDonald’s really was everywhere this year
December 11, 2024A look at the day ahead in U.S. and global markets by Amanda Cooper. The dollar's supremacy has been one of the big stories of 2024 and, based on U.S.
December 11, 2024South Africa's inflation rate rose less than expected in November, staying just below the central bank's target range thanks to food inflation slowing to its
December 11, 2024
The Bank of England looks set to keep interest rates on hold next week as it moves more slowly to cut borrowing costs than central banks in Europe and the
December 11, 2024
U.S.
December 10, 2024
The dollar rose on Tuesday ahead of U.S. inflation data that could offer clues about the Federal Reserve's monetary-easing path, while analysts assess the likely
December 10, 2024
Global equities retreated and the dollar rose on Tuesday as investors awaited fresh inflation data and further economic news later in the week.
December 10, 2024
Average U.S. gasoline prices fell below $3 a gallon for the first time in over three years on Monday, extending a run of bargains at the pump for
December 09, 2024The U.S.
December 10, 2024
Egypt's annual urban consumer price inflation rate dropped more than expected to 25.5% in November, its lowest since December 2022, data from statistics agency CAPMAS showed on
December 10, 2024
The Philippine economy is expected to grow more slowly than first thought this year after the country was hit by a series of typhoons but should be more robust in 2025 and 2026, the
December 10, 2024
A look at the day ahead in European and global markets from Tom Westbrook China's equity markets have chosen to run with the authorities' latest vague promise of support for the sputtering economy,
December 10, 2024
Australia's top central banker on Tuesday left open the door to a cut in interest rates as early as February, but emphasised the flow of economic data would have to give the bank
December 10, 2024
The Swiss National Bank will again cut its key policy rate by 25 basis points on Dec. 12, according to an over-85% majority of economists polled by Reuters, with
December 09, 2024
Australia's central bank is getting closer to joining its peers in cutting interest rates, having sat tight for over a year now, but much will depend on
December 10, 2024
By Michael S.
December 09, 2024
PIMCO said on Monday it plans to diversify its government bond exposure by buying outside the United States, where its outlook on long-term government debt is
December 09, 2024
South Africa's rand jumped on Monday at the start of a week packed with economic data releases, as gold prices climbed after China's central bank resumed purchases of the
December 09, 2024
Argentina's libertarian President Javier Milei laid out a bleak vision in his maiden speech a year ago amid an economic crisis.
December 09, 2024
Bitcoin smashing the $100,000 barrier raises the prospect of the cryptocurrency going mainstream, U.S. inflation data will show how much pressure there is on the Fed to adjust rates and
December 06, 2024
The European Central Bank looks set to cut rates again on Thursday as inflation heads down, and financial markets are keen for a sense of
December 06, 2024
An inflation report in the coming week will test the strength of the record-setting U.S. stocks rally and provide a crucial piece of data that could factor into
December 06, 2024
Federal Reserve officials appear on track to cut interest rates this month after data showed the U.S. labor market remained
December 06, 2024
Chicago Federal Reserve president Austan Goolsbee said that economic conditions will determine how fast the Federal Reserve cuts rates from here, but added he
December 06, 2024
Chipotle is raising its U.S. prices to offset inflation and to compensate for a promise to increase portion sizes
December 06, 2024
By Michael S.
December 06, 2024
The Brazilian central bank will step up its campaign to raise interest rates with a big 75 basis point hike on Dec. 11, possibly also hinting at more
December 06, 2024Nigeria's Senate has passed a bill seeking to make it a crime to export large quantities of unprocessed corn in an effort to alleviate hunger in the West African
December 06, 2024
The European Central Bank would happily, if quietly, cheer an even weaker euro exchange rate - and may be far more wary of the opposite at just the wrong time.
December 06, 2024
The Bank of Japan is staying guarded on the timing of the next rate hike with December hardly a done deal given soft consumption, its governor's cautious decision-
December 06, 2024
The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday but cut the cash reserve ratio that banks are required to hold for
December 06, 2024
One of Britain's leading employers' groups on Friday cut its estimate for economic growth next year due to measures in the new government's first budget,
December 06, 2024
The Reserve Bank of India may ease monetary conditions on Friday by reducing banks' cash reserve ratios after economic growth slowed to a seven-quarter low, but
December 06, 2024
Australia's central bank will hold interest rates steady on Tuesday as a resilient labour market keeps inflation elevated, according to economists
December 06, 2024
Argentina's central bank on Thursday lowered its benchmark interest rate to 32% from 35%, as the South American nation makes headway in its fight to tame triple-digit inflation.
December 05, 2024
Chipotle Mexican Grill said on Wednesday it has raised menu prices by about 2%, as the burrito chain counters higher input costs in the midst of a choppy demand environment for restaurants
December 04, 2024
Retail sales rise 0.6% in August from July as inflation on many items eases but economic challenges remain
September 14, 2023Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools
September 18, 2023
Sweden’s central bank has raised its key interest rate, saying the “inflationary pressures in the Swedish economy are still too high.”
September 21, 2023
Sovereign and public funds managing $6.5 trillion are putting risk back on the menu as inflation fears fall from the list of top concerns, and are betting big on
December 05, 2024
President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households
December 04, 2024
Following are quotes from ECB policymakers in the run-up to the Dec 12 policy meeting where a rate cut is almost certain and only the size is up for debate, with most seemingly
December 05, 2024
Business leaders globally are worried about the risk of recession, labour shortages and rising inflation, despite some signs of improvement in economic conditions, a World Economic
December 05, 2024
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates
December 04, 2024
U.S.
December 04, 2024
Chair Jerome Powell said the Federal Reserve’s ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or political outcome
December 04, 2024
U.S. economic activity has expanded slightly in most regions since early October, with employment growth "subdued" and inflation rising at a modest pace and businesses expressing optimism
December 04, 2024
The BlackRock Investment Institute (BII) said on Wednesday that it had gone further "overweight" on U.S. equities as greater adoption of AI unlocks buying opportunities across sectors,
December 04, 2024
U.S. services sector activity slowed in November after posting big gains in recent months, but remained above levels consistent with solid economic growth in the fourth quarter.
December 04, 2024
Euro zone economic growth could be weaker in the months ahead and downside risks dominate the medium term outlook, European Central Bank President Christine Lagarde said in a
December 04, 2024
St.
December 04, 2024
Russian President Vladimir Putin called for the government and central bank to coordinate their efforts to curb high inflation, saying on Wednesday that increasing the supply of
December 04, 2024
Mexico has decided to increase its still strikingly low daily minimum wage by 12% next year
December 04, 2024Bank of England Governor Andrew Bailey reiterated in an interview published on Wednesday that gradual cuts in interest rates are likely over the next year, adding that the process of
December 04, 2024
Asian stocks slumped on Friday, tracking tech-led declines on Wall Street overnight after hotter-than-forecast U.S. inflation knocked back bets for how soon and
March 15, 2024
A look at the day ahead in Asian markets.
April 26, 2024
A look at the day ahead in European and global markets from Wayne Cole.
April 26, 2024
Record cocoa prices and markets whipped around by inflation and geopolitics helped hedge funds using systematic strategies outperform their peers in the first
April 26, 2024
U.S. stock index futures edged lower at the start of a holiday-shortened week on Monday, as investors look ahead to speeches from Federal Reserve officials and a key inflation marker later
April 26, 2024
McCormick beat market expectations for first-quarter sales and profit on Tuesday, as consumer demand for its high-priced spices and seasonings held amid sticky inflation.
April 26, 2024
Activity across Russia's services sector expanded for a fifth month running in November and at its fastest pace since January, a business survey showed on Wednesday, driven by a rise in
December 04, 2024
Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including
April 26, 2024
It may not be too “appeeling,” but the price of some bananas are rising by a few cents
March 27, 2024
By Michael S.
April 26, 2024
Federal Reserve Chair Jerome Powell says the central bank is not growing more tolerant of higher inflation even though the latest policymaker projections
April 26, 2024
After a stellar start to the year for stocks, investors are on guard for potential bumps in the second quarter as they gauge whether the Federal Reserve delivers
April 26, 2024
A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease
March 29, 2024
U.S. prices increased moderately in February and the cost of services outside housing slowed considerably, keeping a June interest rate cut from the Federal Reserve on the table
March 29, 2024Many Americans are in a sour mood about the economy for one main reason: Prices feel too high
March 30, 2024
A look at the day ahead in U.S. and global markets by Amanda Cooper. Today marks the start of a new week, a new month, a new quarter and a new set of data to get investors going.
April 26, 2024
The Federal Reserve Bank of New York said on Monday that underlying inflation pressures weakened in February.
April 26, 2024
Citadel's hedge fund billionaire Kenneth Griffin told investors he expects the medium-term economic landscape will remain challenging, but more favorable for
April 26, 2024
Inflation has fallen again in Europe, to 2.4% in March
April 03, 2024
The American economy is thought to have added 200,000 jobs in March — a more-than-respectable increase though one that would mark a slowdown from February’s vigorous gain of 275,000 and last year’s monthly average increase of 251,000
April 04, 2024
Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, would-be homeowners — pretty much everyone — began obsessing over a single question: When will the Fed start cutting rates
April 06, 2024
Asia stocks are mostly higher, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve
April 09, 2024
An eagerly awaited report Wednesday on consumer prices will show whether inflation is still easing, a trend the Federal Reserve will weigh in deciding when and by how much — or even whether — to cut interest rates this year
April 09, 2024
Asian shares are mixed after U.S. stocks fell on worries that what seemed like a blip in the battle to bring down inflation is turning into a troubling trend
April 11, 2024
Markets are waiting to hear what European Central Bank President Christine Lagarde has to say about the timing of a first interest rate cut
April 11, 2024
It is "conceivable" that the European Central Bank will cut interest rates by 25 basis points at its next rate-setting meeting this month but not more, ECB policymaker Robert
December 04, 2024
Thailand's headline consumer price index (CPI) rose 0.95% in November from a year earlier, driven by higher food and energy prices, after the previous month's annual increase of
December 04, 2024
U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, offering more evidence that progress against inflation may have stalled this year and raising doubts about whether and when the Federal Reserve will start cutting interest rates
April 11, 2024
Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year
April 12, 2024
San Francisco Federal Reserve President Mary Daly said on Friday there is still "a lot of work to do" to make sure inflation is on track to the Fed's 2% goal, and there is "absolutely" no
April 26, 2024
By Michael S.
April 26, 2024
U.S. consumer sentiment ebbed in April while inflation expectations for the next 12 months and beyond increased, a survey showed on Friday.
April 26, 2024
Inflation in the euro zone is different to that in the United States, much as ECB President Christine Lagarde insists, but the bloc will
April 26, 2024
A new form of sticker shock has hit American car buyers like Darin Davis.
April 26, 2024
Hot U.S. inflation data has put the Federal Reserve's debate over a first interest rate cut on a potential collision course with the presidential election
April 26, 2024
IMF chief Kristalina Georgieva on Thursday said higher U.S. interest rates were not great news for the rest of the world and could become a worry if they
April 26, 2024
Americans increased their spending pace in March at a better-than-expected pace from February, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges
April 15, 2024
San Francisco Federal Reserve Bank President Mary Daly said on Monday there is no urgency to cut U.S. interest rates, with the economy and labor market strong, and
April 26, 2024
Asian shares have skidded following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks
April 16, 2024
Federal Reserve Chair Jerome Powell and Vice Chair Philip Jefferson will make what are likely to be their last public comments before the U.S. central bank's
April 26, 2024
Federal Reserve Vice Chair Philip Jefferson suggested that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation
April 16, 2024
Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed rate cuts until later this year because “recent data have clearly not given us greater confidence” that price increases are under control
April 16, 2024
Inflation in the U.K. fell to its lowest level in two and a half years in March after a further easing in food prices
April 17, 2024
U.S. economic activity expanded slightly from late February through early April and there were fears among firms that progress in lowering inflation would stall, a Federal Reserve survey
April 26, 2024
Manufacturing activity in the U.S.
April 18, 2024Finance chiefs from economies large and small are scrambling to keep pace with the Federal Reserve's rapid resetting of rate-
May 03, 2024
Concern about the rapidly rising U.S. government debt is partly behind recent surges in gold prices and bitcoin, even as the Treasury market so far remains relatively sanguine about the
May 04, 2024
Progress on bringing down inflation has "stalled" this year, Chicago Federal Reserve President Austan Goolsbee said on Friday, becoming the latest U.S. central banker to drop
May 05, 2024
Hedge funds globally have turned the most bearish they've been on equities this year, a Goldman Sachs note said, as sticky inflation and renewed geopolitical
May 05, 2024
U.S. central bankers have kept their target for short-term borrowing costs in the 5.25%-5.50% range since last July, when they completed their 2022-2023 rate-hike campaign to combat soaring
April 22, 2024
Japan's service activity swung back to growth in November as improving demand supported new business, a private sector survey showed on Wednesday.
December 04, 2024Australia's economy in the third quarter grew at the slowest annual pace since the pandemic, disappointing hopes for a rebound as government spending did all of the
December 04, 2024
The yen dropped against the U.S. dollar on Wednesday to its weakest since mid-1990 above the key 155 area, with markets alert to any signs of
May 09, 2024
More than one-quarter of U.S. adults over age 50 say they expect to never retire and 70% are concerned about prices rising faster than their income
April 24, 2024
The U.S. economy is thought to have extended its surprisingly healthy streak at the start of this year, with consumers still spending freely despite the pressure of high interest rates
April 24, 2024
The Federal Reserve's latest financial stability report was good news for anyone worried that a record run of interest rate hikes might overstress the banking system or
May 10, 2024
Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflation
April 25, 2024
The dollar surged to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, coming in
July 02, 2024
The slightly alarming sight of a French leader calling on the European Central Bank to nuance its focus on inflation may be less dramatic than it first seems - but it
May 12, 2024
Asian shares are mostly higher despite worries about the economic outlook and inflation in the U.S. and globally
April 26, 2024
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid
April 26, 2024
Richly valued U.S. stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and
May 13, 2024
Government borrowing costs across developed economies saw their biggest jumps in months in April, evidence that bond markets are not yet out of the woods when it comes to
May 15, 2024
U.S. labor costs increased more than expected in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that
May 15, 2024
Pay and benefits for America’s workers grew more quickly in the first three months of this year, a trend that could contribute to higher inflation and raise concerns about the future path of price increases at the Federal Reserve
April 30, 2024
Trump has begun another trade war. Here's a timeline of how we got here
Canada's leader laments lost friendship with US in town that sheltered stranded Americans after 9/11
Chinese EV giant BYD's fourth-quarter profit leaps 73%
You're an American in another land? Prepare to talk about the why and how of Trump 2.0
Chalk talk: Star power, top teams and No. 5 seeds headline the women's March Madness Sweet 16
Purdue returns to Sweet 16 with 76-62 win over McNeese in March Madness