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
April 30, 2025
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
April 30, 2025
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
April 30, 2025
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
April 30, 2025
India has room for more rate cuts, given the declining inflation and elevated uncertainties around growth, but any further policy easing should be
April 30, 2025
Australian supermarket chain Coles' chief said on Wednesday that shoppers remain sharply focused on value, driving strong quarterly growth in
April 29, 2025
U.S.
April 29, 2025
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
April 29, 2025
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
April 29, 2025
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
April 29, 2025
Tree trimming season runs 365 days a year in California's temperate climate and that typically means appointments running three weeks in advance
April 29, 2025
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.
April 29, 2025
CNN Poll: A growing majority says Trump has made the economy worse, with most skeptical of his tariff plans
April 28, 2025
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
April 28, 2025
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
April 28, 2025
European Central Bank policymakers are becoming increasingly confident about cutting interest rates in June as inflation continues its march lower, but there
April 26, 2025
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
April 25, 2025
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
April 25, 2025
South 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, 2025
The 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, 2025
An astronomer breaks down 3 key components that allow researchers to make groundbreaking discoveries – and decide when results aren’t significant.
April 25, 2025
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
April 24, 2025
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
April 23, 2025
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.
April 23, 2025
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
April 23, 2025
Fact check: Trump lies about the price of eggs, groceries and gas
April 23, 2025
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
April 23, 2025
Indonesia's central bank held policy rates steady for a third consecutive review on Wednesday, as expected, aiming to maintain rupiah exchange
April 23, 2025
Wage 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, 2025
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
April 23, 2025
Russian 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, 2025
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
April 22, 2025
Argentina'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, 2025
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
April 22, 2025
Britain'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, 2025
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
April 22, 2025
Investors are fearful of a deep hit to asset prices if U.S.
April 22, 2025
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.
April 22, 2025
Jerome Powell isn’t rushing to lower rates, even if Trump is rushing to fire him
April 22, 2025
U.S. bond funds came under heavy selling pressure in the week to April 16, highlighting concerns that U.S.
April 21, 2025
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
April 21, 2025
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
April 21, 2025
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
April 21, 2025
Turkish Finance Minister Mehmet Simsek said he does not foresee Turkey changing its economic course following recent market and trade developments, and
April 21, 2025
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
April 18, 2025
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.
April 18, 2025
Trump wants Powell out of the Fed. Waiting in the wings is Kevin Warsh
April 18, 2025
Turkish Finance Minister Mehmet Simsek said on Friday that disinflation would continue despite some recent deterioration in expectations, adding that the
April 18, 2025
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
April 17, 2025
Bank of Japan Governor Kazuo Ueda said on Friday the central bank will keep raising interest rates if underlying inflation accelerates toward its 2% target, as it projects.
April 18, 2025
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April 17, 2025
Egypt's central bank lowered interest rates by 225 basis points on Thursday, its first cut since November 2020, a decision mostly driven by inflation plunging as uncertainty about
April 17, 2025
Fact check: Trump falsely claims grocery prices are down
April 17, 2025
Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund
April 17, 2025
Ukraine's central bank kept its key interest rate unchanged at 15.5% on Thursday and said it expected consumer price inflation to start declining this summer.
April 17, 2025
The European Central Bank cut interest rates as expected on Thursday, easing for the seventh time in the past year as U.S. tariffs and faltering business confidence sap already
April 17, 2025
Investors who may have been hoping the Federal Reserve is poised to come to the aid of tariff-rattled markets took away an unwelcome message from the central
April 16, 2025
Turkey's central bank hiked its key interest rate by 350 basis points to 46% on Thursday, in a surprise move that reversed an easing cycle and
April 17, 2025
An aggressive U.S. tariff policy will trigger a significant slowdown in the U.S. economy this year and next, with the median probability of recession in the
April 17, 2025
What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets As the Federal Reserve takes a hawkish turn in the face of another Wall Street
April 17, 2025
The Federal Reserve faces a complicated picture for policy decisions, Kansas City Federal Reserve Bank President Jeff Schmid said on Wednesday, noting that while he is hearing nervousness
April 16, 2025
Fed Chair Powell gives starkest warning yet on potential economic consequences from tariffs
April 16, 2025
By Michael S.
April 16, 2025
U.S.
April 16, 2025
The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday
April 16, 2025
Thank you for the introduction. I am looking forward to our conversation, Professor Rajan. First, I will briefly discuss the outlook for the economy and monetary policy.
April 16, 2025
Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank held its key
April 16, 2025
The Bank of Canada released the following statement on Wednesday: "The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3%
April 16, 2025
Argentina's libertarian President Javier Milei rolled the dice this week on a major economic swerve, tearing down currency
April 16, 2025
The Bank of Canada released the following statement by Governor Tiff Macklem on Wednesday: "Good morning.
April 16, 2025
If U.S. tariffs trigger a global trade war, inflation in Canada would spike and the country would enter a deep recession, according to a Bank of Canada scenario released
April 16, 2025
U.S.
April 16, 2025
Peru's economy grew 2.68% in February, data from the nation's INEI statistics agency showed on Tuesday, falling short of estimates despite most sectors logging growth.
April 15, 2025
U.S. import prices unexpectedly fell in March, pulled down by decreasing costs for energy products, the latest indication that inflation was subsiding before
April 15, 2025
Nigeria's headline consumer inflation edged up to 24.23% year-on-year in March from 23.18% in February, its statistics agency said on Tuesday.
April 15, 2025
Canada's annual inflation rate fell to 2.3% in March from 2.6% in February, helped by lower gasoline and travel tour prices.
April 15, 2025
Albertsons forecast annual profit below estimates on Tuesday as the company offers selective discounts and invests in its loyalty program to drive sales while inflation pressures consumer
April 15, 2025
Canada's annual inflation surprisingly slowed in March to 2.3%, three notches below the prior month, largely helped by lower gasoline and travel tour prices, data
April 15, 2025
Consumer price inflation in France was stable in March, in line with analysts' expectations and the preliminary reading, statistics office INSEE said on Tuesday.
April 15, 2025
Erick Ojeda has no money
April 15, 2025
Atlanta Federal Reserve Bank President Raphael Bostic said on Monday the uncertainty surrounding the Trump administration's tariff and other policies has put the economy into a "big pause,
April 14, 2025
Canada's main stock index rose on Monday to an 11-day high, with financial and real estate shares leading broad-based gains as investors grew doubtful that hefty U.S.
April 14, 2025
Brazil's economic growth is expected to slow down in the second half of 2025, encumbered by high interest rates and worries about the U.S.-led global trade shake-up, a
April 14, 2025
Surrounded by hundreds of Barbies at her home in the northern Spanish port of Gijon, TikTok influencer and collector Noemi de Lama has shared the news with her followers that
April 14, 2025
The Bank of Canada is likely to pause its rate-cutting cycle this week as rising inflation, weakened employment and U.S.
April 14, 2025
Sony said it will hike the price of its PlayStation 5 (PS5) console in markets in Europe, Britain, Australia and New Zealand, citing high inflation and fluctuating exchange rates.
April 14, 2025
Thailand's lower-than-expected March inflation rate was mainly due to lower energy prices and government policies to alleviate cost of living pressures, the commerce ministry said
April 14, 2025
Bank of England interest rate-setter Megan Greene said on Saturday it was unclear what U.S.
April 12, 2025
In December 1958, Argentina, battling inflation and weak reserves, agreed a $75-million loan with the International Monetary Fund, its first deal with the Washington-
April 12, 2025
The price premium for gold in top consumer China above global benchmark spot prices widened this week due to consumers and investors seeking refuge
April 11, 2025
Russian state statistical agency Rosstat raised its estimate of gross domestic product growth for 2024 on Friday to 4.3% from 4.1% earlier.
April 11, 2025
President Javier Milei says that he will lift most of the country’s strict capital and currency controls next week, a high-stakes gamble made possible by a new loan from the International Monetary Fund
April 11, 2025
By Michael S.
April 11, 2025
St.
April 11, 2025
US consumer sentiment plummets to second-lowest level on records going back to 1952
April 11, 2025
Brazil's monthly inflation slowed in March as expected but the 12-month reading remained under pressure due to rising food prices, official data showed on Friday, adding to a tough
April 11, 2025
Investors pulled out of U.S. bond funds heavily in the week ending April 9 in a broad selloff triggered by fears of a recession and concerns that the escalating U.S.-China trade war could
April 11, 2025
Spain's European Union-harmonised 12-month inflation rate fell to 2.2% in March from the period through February, final data released by the National Statistics Institute, or INE, showed
April 11, 2025
Japan's core inflation probably accelerated in March from the previous month as rice prices rose, a Reuters poll showed, a sign of persistent cost pressure that is likely to
April 11, 2025
Trump has begun another trade war. Here's a timeline of how we got here
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