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
The euro zone economy rebounded in the first quarter from a mild recession as Germany returned to growth and expansion accelerated elsewhere, while inflation
May 15, 2024
The European Central Bank should start cutting interest rates in June if inflation continues its gradual decline as expected, European Central Bank policymaker Pablo Hernandez de
May 15, 2024
A look at the day ahead in European and global markets from Ankur Banerjee: A data heavy session, headlined by euro zone inflation figures for April, awaits Europe in an action-packed week that got
May 15, 2024
German inflation rose slightly in April due to higher food prices and a smaller drop in energy prices than in previous months, preliminary data from the federal
May 14, 2024
Inflation is set to ease more slowly than previously thought, Russia's central bank said on Friday as it held its key
May 13, 2024
The Bank of Japan kept interest rates around zero on Friday and highlighted a growing conviction that inflation was on track to durably hit its target of 2% in coming
May 12, 2024
Unilever beat first-quarter sales forecasts on Thursday as the maker of Dove soaps and Hellmann's mayonnaise won back shoppers who had traded down to cheaper products during
May 10, 2024
Inflation in key African economies will slow into next year but remain stubbornly high in Nigeria due to sporadic flooding and difficult terrain for the naira
May 10, 2024
Workers and activists around the world are marking May Day with largely peaceful rallies against rising prices and calling for greater rights
May 01, 2024
U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates
May 01, 2024
Germany slightly raised its forecast for economic growth this year on Wednesday and eased its inflation outlook, but its economy and finance ministers said structural changes were
May 09, 2024
Stress scenarios from Russia's economy ministry envisage GDP and real income growth almost grinding to a halt next year and the rouble diving from around 93 per
May 09, 2024
Euro zone inflation could still prove stubborn so a European Central Bank rate cut in June will not necessarily be followed by further policy easing, Bundesbank President Joachim
May 08, 2024
Standard Chartered has cut its forecast for Vietnam's economic growth this year to 6.0% from 6.7%, the bank said on Wednesday, citing lower-than-expected growth in the first quarter
May 08, 2024
The Bank of England will wait until next quarter to lower borrowing costs, according to median forecasts in a Reuters poll, although almost half of those
May 08, 2024
Egypt's economy will grow slower than previously expected this year after it signed an $8 billion financial support package with the IMF that came with conditions,
May 08, 2024
Greece's economy will grow by 2.1% this year under a baseline scenario, the country's influential think tank IOBE said on Tuesday, revising down its previous estimate of 2.4% made in
May 08, 2024
More slack in Britain's labour market is needed to be confident that inflation will stay at 2%, Bank of England policymaker Jonathan Haskel said on Tuesday.
May 08, 2024
British businesses recorded their fastest growth in activity in nearly a year this month, according to preliminary purchasing managers' data that points to a
May 07, 2024
UK grocery price inflation fell for the 14th month in a row in April, partly driven by an increase in supermarkets' promotional activity, industry data showed on
May 07, 2024
A key measure of Japan's trend inflation slowed to 1.3% in March, marking the smallest year-on-year increase in 11 months, data showed on Tuesday.
May 07, 2024
The Bank of Japan is expected to project inflation will stay around its 2% target for the next three years in new forecasts due on Friday, signalling
May 07, 2024
European Central Bank officials are sticking to plans to cut interest rates multiple times this year, even as higher U.S. inflation delays a pivot to looser
May 07, 2024
Argentina's economic activity likely plunged 5.9% year-on-year in February, a Reuters poll of market analysts showed on Monday, which would make a fourth
April 22, 2024The yen weakened on Monday to its weakest levels against the dollar since June 1990, with markets alert to any signs of intervention from the Japanese authorities to prop up the yen.
May 07, 2024
Mexico's economy is set to grow steadily after June's presidential election, in line with a decent performance in the United States, while the fiscal front
May 07, 2024
Bank Indonesia will cut its key interest rate next quarter and again in the fourth quarter, later than previously expected, as inflation rises and the rupiah
April 22, 2024
A look at the day ahead in Asian markets. Asia gets back up toward full speed on Thursday after many markets were closed for the May Day holiday, with the U.S.
May 16, 2024
The U.S.
May 16, 2024
The Federal Reserve on Wednesday said it would leave interest rates unchanged and announced plans to slow the speed of its balance sheet drawdown, after having spent much of the earlier
May 16, 2024
U.S. stocks closed mixed on Wednesday after the Federal Reserve left its key interest rate unchanged, as expected, and indicated that while its next move will
May 16, 2024
Global fast food giants may have to
May 16, 2024
Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in
May 16, 2024
A look at the day ahead in European and global markets from Kevin Buckland The marquee markets event for the week is almost upon us, and needs little introduction: The outlook for U.S. interest rates
May 16, 2024
The number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and elevated inflation
May 02, 2024
The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy
May 02, 2024
Weaker U.S. productivity gains in the first quarter may challenge the Federal Reserve's efforts to finish its inflation fight without a painful rise in
May 17, 2024
European shares fell slightly in their first May trading session on Thursday as investors returned from a mid-week holiday to gauge a slew of earnings
May 17, 2024
The number of Americans filing new claims for unemployment benefits held steady at a low level last week, pointing to a still fairly tight labor market that
May 17, 2024
U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in productivity remained solid.
May 16, 2024
The downturn in manufacturing activity across the euro zone deepened in April due to crumbling demand despite factories cutting prices, pushing firms to reduce
May 16, 2024
The global economy is growing faster than expected only a few months ago thanks to resilient U.S. activity while inflation is converging more quickly than expected
May 16, 2024
Indonesia's annual inflation rate cooled slightly in April as pressure from some food prices eased as the harvest season began, the
May 16, 2024
Federal Reserve Chairman Jerome Powell's reassuring message following the central bank’s monetary policy meeting may not calm frazzled U.S.
May 16, 2024
Public employees in Venezuela will receive $130 per month in bonuses, President Nicolas Maduro said on Wednesday, amid demands by workers for salary increases and
May 16, 2024
The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market
May 02, 2024
Euro zone inflation is likely to decline further and the European Central Bank may cut interest rates if its long-standing price growth criteria are met, ECB President Christine
May 06, 2024
U.S. equity funds suffered sharp outflows in the seven days to April 17 as investors anticipated prolonged restrictive interest rates amid stubborn inflation in a resilient U.S. economy.
May 04, 2024
The International Monetary Fund urged Asian central banks on Thursday to focus on domestic inflation and avoid tying their policy decisions too closely to
May 03, 2024
The European Central Bank is "most likely" to cut interest rates just three times this year as stronger-than-expected economic growth supports inflation, ECB policymaker Yannis
May 18, 2024
The U.S. central bank's 2% target for inflation is key to achieving price stability and essential for ensuring economic prosperity, New York Federal
May 20, 2024
Canada's services sector contracted at a slower pace in April as firms notched some unexpected sales and added workers, but increased wages led to inflation pressures
May 20, 2024
The prospect of interest rates remaining elevated as the Federal Reserve battles inflation is further clouding the outlook for shares of smaller U.S. companies,
May 20, 2024
Venezuela's government is planning a budget of $22.7 billion for next year, the country's Vice President Delcy Rodriguez told lawmakers at the government-allied
December 03, 2024
U.S. central bankers on Tuesday said they continue to believe inflation is heading down to their 2% target and signaled support for further interest rate
December 03, 2024
Finishing the battle against inflation will likely require a hit to demand, after a year in which U.S. price pressures cooled largely through
May 21, 2024
A look at the day ahead in Asian markets.
May 21, 2024
Bank Negara Malaysia (BNM) will leave its key interest rate at 3.00% and keep it unchanged at least until 2026, despite a weakening currency and a
May 21, 2024
Wall Street pared earlier gains on Tuesday after equity markets elsewhere rallied as investors parsed when and by how much the Federal Reserve cuts
July 02, 2024
By Natalia A.
May 22, 2024
Argentina has a new largest banknote, the 10,000 peso, which is five times the size of the previous top bill but still only worth around $10 as the South American country grapples with the
May 22, 2024
The Bank of Japan may take monetary policy action if yen falls affect prices significantly, governor Kazuo Ueda said on Wednesday, offering the
May 22, 2024
Global equity markets mostly faltered on Wednesday as investors await fresh inflation data to better assess the likelihood of Federal
July 02, 2024
Germany's economy will stagnate in 2024 despite a stronger than expected start to the year, and will continue to lag behind European peers, according to German
May 22, 2024
India does not see any nasty upside to inflation at the moment, and expects its economy to expand by more than 7% in the current fiscal year, V.
May 22, 2024
The European Central Bank can press ahead with interest rate cuts this year but needs to rethink how it forecasts inflation and sets policy based on these projections, Belgian
May 22, 2024
By Michael S.
May 22, 2024
Prices in Argentina have surged so dramatically in recent months that the government has multiplied the size of its biggest bank note by five — to 10,000 pesos, worth about $10
May 08, 2024
Through a tumultuous period of high inflation, aggressive interest rate hikes, and global instability, the U.S.
May 23, 2024
The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target
May 09, 2024
Global central banks that moved together to battle inflation are starting to scatter, with European rate setters turning dovish while the U.S.
May 24, 2024
U.S. stocks coasted to the close of another winning week with a quiet, mixed finish
May 10, 2024
Japan's economy likely contracted an annualised 1.5% in the January-March quarter as all key drivers of growth slumped due to an uncertain outlook, a Reuters poll
May 27, 2024
Euro zone inflation remains on track to fall back to 2% next year, so European Central Bank policymakers will likely start cutting interest rates from a record high in June, the
May 25, 2024
Private-sector members of a key government panel on Friday urged the Bank of Japan to be vigilant to the risk of sharp declines in the yen
May 25, 2024
Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could rise
May 10, 2024
Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a
May 26, 2024
Brazil's annual inflation continued to trend down but slightly less than expected in April, official data showed on Friday, in the first consumer price readings after the
May 26, 2024
A look at the day ahead in Asian markets.
May 27, 2024
The dollar eased versus most major currencies on Monday amid expectations key U.S. data this week will show a slowing pace of inflation and
May 28, 2024
Asian shares are mixed in muted trading after U.S. stock indexes were little changed
May 13, 2024
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year
May 13, 2024
The S&P 500 closed very slightly lower on Monday as investors took a breather after three weekly gains while they awaited key inflation readings and
May 28, 2024
India's retail inflation rate eased slightly in April, partly due to lower fuel prices, although food prices remained elevated, government data showed on
May 28, 2024
By Michael S.
May 28, 2024
Corporate price gouging has not been a primary driver of U.S. inflation, according to research published on Monday by economists at the Federal Reserve Bank of San Francisco.
May 28, 2024
The Philippine central bank will keep its key policy rate unchanged on Thursday, according to a Reuters poll of economists who now expected the
May 28, 2024
The dollar eased on Tuesday after an unexpected increase in U.S. producer prices in April amid strong gains in the costs of goods and
May 29, 2024
Asian stocks have advanced after equities rose on Wall Street, with the Nasdaq composite hitting a record high
May 14, 2024
German inflation inched up in April to 2.4%, the federal statistics office said on Tuesday, confirming preliminary data.
May 28, 2024
Argentina's central bank cut the benchmark interest rate on Tuesday after inflation slowed for the fourth straight month and the annual rate
July 02, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Macro markets have basically frozen ahead of this week's big U.S. inflation releases, with sideshow entertainment provided by a fresh
May 29, 2024
Traders on Tuesday pared bets the Federal Reserve will deliver a first interest-rate cut in September after a government report showed wholesale prices rose more than expected in April.
May 29, 2024
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again
May 14, 2024
Investors’ newfound optimism on the U.S. economy faces an important test on Wednesday, with consumer price data set to show whether the soft landing hopes that
May 29, 2024
Argentine market traders are betting the central bank will cut its benchmark interest rate again this week given the slowdown in monthly inflation and a planned
May 29, 2024
The dollar slumped against major currencies on Wednesday after U.S. consumer prices in April showed inflation had resumed trending lower in the second quarter,
May 30, 2024
Asian shares are higher after U.S. stocks rallied to records on hopes that inflation is heading back in the right direction
May 15, 2024
Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as President Joe Biden’s re-election team
May 14, 2024
Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome
May 15, 2024
U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market
May 30, 2024
Nigeria's headline consumer inflation accelerated to a new 28-year high in April, hitting 33.69% year-on-year, up from 33.20% in March, statistics agency data
May 30, 2024
Import tariffs expected to be implemented by the administration of U.S.
December 03, 2024
The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that raised concerns the Federal
June 01, 2024
South Korea's state-run think tank on Thursday raised its economic growth forecast for this year and said inflation is expected to ease at a slightly slower pace, as it noted the
May 31, 2024
Israelis resumed shopping and businesses invested in residential housing in the first three months of 2024, leading to a sharp economic rebound after growth was
May 31, 2024
Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels even as other signs that the labor market is cooling have surfaced
May 16, 2024
A subset of key and highly sensitive U.S. inflation data was inadvertently published about 30 minutes ahead of its scheduled release on Wednesday, the Bureau of Labor Statistics said, and
May 31, 2024Data this week offered the U.S.
June 01, 2024
Brazil's Finance Ministry on Thursday hiked its projection for economic growth this year but also raised inflation estimates for 2024 and 2025, underlining price impacts from
June 01, 2024
Malaysia's economy grew faster than expected in the first quarter of 2024, helped by household spending and a turnaround in exports, though
June 02, 2024
The dollar retreated against major currencies on Friday as market speculation continues to swirl about the timing of Federal Reserve
June 03, 2024
Global equity funds experienced strong demand for the third consecutive week, in the seven days to May 15, bolstered by a softer U.S. jobs report and lower-than-expected inflation figures,
June 03, 2024
The Federal Reserve Bank of New York is bolstering its data offerings tracking the state of supply chains.
June 03, 2024
The dollar edged up against the euro on Monday as investors awaited further clues on the path of U.S. interest rates in the wake of cautious comments from
June 04, 2024
Oil prices eased less than 1% on Monday as U.S.
June 04, 2024
A new set of supply availability indexes show that improvement in firms' access to inputs hit a wall over the past couple of months, the Federal Reserve Bank of New York said on Monday.
June 04, 2024
U.S. inflation data through the first months of 2024 has been "disappointing," Fed vice chair for supervision Michael Barr said on Monday,
June 04, 2024
The U.S. dollar edged up against the euro on Tuesday, as Federal Reserve policymakers said it is prudent for the U.S. central
June 05, 2024
German producer prices fell more than expected in April due mainly to lower energy prices, the federal statistics office reported on Tuesday. Producer prices decreased by 3.3% on the year.
June 05, 2024Britain's once towering inflation rate looks set to fall close to the Bank of England's 2% target on Wednesday, but it may be other figures in the data that influence the BoE's
June 05, 2024
The number of U.S. customers shopping for auto insurance in the first quarter was 6% higher than a year earlier, according to credit reporting agency TransUnion, underscoring efforts to
June 05, 2024
Sri Lanka's consumer price inflation rose to 2.7% in April from 2.5% in March, official data showed on Tuesday.
June 05, 2024
The European Central Bank should not necessarily follow up a rate cut in June with another move the following month, even if inflation is on its way to target, Bundesbank
June 05, 2024
Argentina's economic activity index is expected to have shrunk 6.9% year-on-year in March, its deepest drop since 2020 and the fifth monthly contraction in a
June 05, 2024
Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills
May 22, 2024
The dollar rose against the euro on Wednesday after minutes of the last Fed meeting showed officials acknowledging disappointment over recent inflation
June 07, 2024
Japanese business morale held steady in May, but manufacturers and service-sector firms complained that inflationary pressures driven by the weak yen were
June 05, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan While the inflation and interest rate world continues to throw up unpleasant surprises, it's hard to imagine much of a shift in major
June 06, 2024
The Bank of Canada (BoC) may dash hopes of a June interest rate cut and instead move in July, which will give it seven more weeks of key data to confirm the
June 06, 2024
After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their key interest rate, now at a 23-year high
May 22, 2024
The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low levels
May 23, 2024
Business activity in India expanded robustly in May, helped by the dominant services industry, according to a survey that also showed exports rising at a record
June 07, 2024
Japan's core inflation slowed for a second straight month in April, likely signalling that the Bank of Japan will be patient in raising
June 10, 2024
Global equity funds secured robust inflows in the week ended May 22, driven by optimism over slowing inflation and expectations of U.S.
June 10, 2024
The German economy grew by 0.2% in the first three months of 2024, the statistics office reported on Friday, confirming preliminary data.
June 10, 2024
Japanese factory output likely grew for a second straight month in April while retail sales picked up, a Reuters poll showed on Friday, highlighting budding
June 10, 2024
U.S. Treasury Secretary Janet Yellen expressed concern over substantial increases in living costs, the Financial Times said on Friday.
June 10, 2024
There is growing consensus within the European Central Bank over the need for a first rate cut as inflation is diminishing, creating the conditions to ease its monetary
June 11, 2024
Recent economic data strengthens the European Central Bank's confidence about lowering borrowing costs as inflation eases, ECB board member Piero Cipollone said on Sunday.
June 11, 2024
World shares firmed on Monday as investors braced for a busy run of inflation data that could set the scene for a European rate cut as soon as next week and a U.S.
June 12, 2024
European stocks closed slightly higher on Monday and government bond yields eased, amidst hints of upcoming interest rate cuts by the European Central
June 12, 2024
The European Central Bank has room to cut interest rates as inflation slows but must take its time in easing policy, even if the direction of travel is already clear, key policymakers said
July 02, 2024
The European Central Bank will cut interest rates at a slower or faster pace depending on the strength of underlying inflation and demand, ECB chief economist Philip Lane said on
June 12, 2024
Sri Lanka's central bank held interest rates steady on Tuesday to ensure inflation pressures remain in check as authorities look to foster economic stability
June 12, 2024
With stubborn inflation and higher costs, layoffs at small businesses are sometimes a necessity
May 28, 2024
Consumer prices in Brazil rose less than expected in the month to mid-May, data from statistics agency IBGE showed on Tuesday, as the impact on food
June 13, 2024
U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the labor market, but worries about
June 13, 2024
The European Central Bank can gradually reduce interest rates given the decline in inflation, and decisions on future cuts could centre around quarterly meetings with new economic
June 12, 2024
Minneapolis Federal Reserve Bank President Neel Kashkari said in an interview with CNBC broadcast on Tuesday that the U.S. central bank should wait for significant progress on inflation
June 12, 2024
Euro zone consumers lowered their inflation expectations last month, a fresh European Central Bank survey showed on Tuesday, just as the bank was making plans to start rolling
June 12, 2024
Prices in British shops rose at the slowest pace in 2-1/2 years this month, according to the British Retail Consortium which said the rate of inflation in the sector was back to
June 12, 2024
A look at the day ahead in European and global markets from Kevin Buckland Soaring bond yields continued to unnerve equity investors on Wednesday, with benchmark U.S.
June 13, 2024
A global equities gauge fell on Wednesday while U.S.
July 02, 2024
A European Central Bank interest rate cut on June 6 appears certain, according to all 82 economists polled by Reuters, a majority of whom predicted two further
June 12, 2024
Inflation in three German states inched up in May, preliminary data showed, suggesting that national inflation in Europe's biggest economy may rise slightly, although price growth
June 12, 2024
McDonald's top U.S. executive denounced viral reports of runaway Big Mac prices as painting an inaccurate picture of the company, which has seen its profits surge by
June 13, 2024
McDonald’s is fighting back against media reports it says have exaggerated its price increases
May 29, 2024
A look at the day ahead in Asian markets.
June 13, 2024
A look at the day ahead in European and global markets from Rae Wee The lack of fresh market moving catalysts on Thursday meant that the higher-for-longer rates narrative was here to stay, at least
June 13, 2024
The number of Americans applying for unemployment benefits ticked up last week, but layoffs remain historically low in the face of lingering inflation and high interest rates
May 30, 2024
Nigerian Josephine Akiga looks around her empty restaurant in Abuja, where a sole customer sits eating, longing for the days when the place
July 02, 2024
U.S.
June 15, 2024
Core consumer inflation in Japan's capital accelerated in May on rising electricity bills but price growth excluding the effect of fuel eased,
June 17, 2024
A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year
May 31, 2024
Pakistan's Planning Ministry said on Friday that the economic outlook for the next year was positive, with a growth target of 3.6%, while inflation was likely to moderate to 12%.
June 18, 2024
U.S. equity funds saw outflows for the first time four weeks in the seven days ended May 29, hit by rising bond yields and uncertainty over the timing and extent of Federal Reserve
June 17, 2024
Japan's factory activity expanded for the first time in a year in May, a private-sector survey showed on Monday, but overall growth was modest and demand was still subdued while a
June 18, 2024
A look at the day ahead in Asian markets.
June 18, 2024
Turkish annual consumer price inflation reached 75.45% in May, a bit above expectations, official data showed on Monday, in what is expected to
June 18, 2024
U.S. manufacturing activity slowed for a second straight month in May as new goods orders dropped by the most in nearly two years, and spending on construction projects slipped
June 19, 2024
European shares rose for the third straight session on Monday, led by bond-proxy sectors, as investors looked to a near certain interest rate cut from the
June 19, 2024
Japan's government will warn of the pain a weak yen may inflict on households in this year's long-term economic policy roadmap, a draft seen by Reuters showed, as
June 20, 2024
A look at the day ahead in European and global markets from Kevin Buckland The once invincible dollar was still reeling on Tuesday after more macro evidence that the U.S. exceptionalism narrative may
June 20, 2024
A quadrupling of the price of subsidised bread has made it harder than ever for Gamal Ahmad and millions of other Egyptians to get by.
June 21, 2024
Growth in India's services activity growth slowed to a five-month low in May as robust domestic demand weakened, according to a survey, which also showed exports
June 21, 2024
Australia's economy slowed to a crawl in the March quarter as high borrowing costs and still-elevated inflation put the brakes on consumer spending, even as the
June 21, 2024
Japan's service activity extended robust gains in May, a private sector survey showed on Wednesday, amid persistent inflationary pressures that have boosted expectations for another
June 20, 2024
The dollar's relentless strength in the recent past will make way for minor weakness over the next 12 months, according to FX strategists in a Reuters poll, who
June 20, 2024
The Bank of Canada trimmed its key policy rate on Wednesday, the first G7 country to do so, in a widely expected move that will ease pressure
June 21, 2024
Russia's unemployment rate dropped to a record-low 2.6% in April and real wages soared in March, data published by the federal statistics service
June 21, 2024
The U.S.
June 21, 2024
The European Central Bank cut its key interest rate by a quarter-point, moving ahead of the U.S. Federal Reserve as central banks around the world lean toward lowering borrowing costs — a shift with far-reaching consequences for home buyers, savers and investors
June 06, 2024
The European Central Bank raised some of its economic growth and inflation projections on Thursday, predicting a somewhat later return of price growth to its 2% target.
June 24, 2024
The European Central Bank cut rates for the first time in five years on Thursday, but kept investors in the dark about its next move, given increasing uncertainty over inflation after a
June 24, 2024
The European Central Bank cut borrowing costs from record highs on Thursday, acknowledging progress in its battle against high inflation but also signalling that fight
June 24, 2024
America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates
June 06, 2024
The U.S. economy created far more jobs than expected in May and annual wage growth reaccelerated, underscoring the resilience of the labor market and reducing the
June 25, 2024
Upward pressure from wages means inflation is proving stubborn, Germany's central bank said on Friday, a day after the European
June 25, 2024
European Central Bank policymakers warned on Friday that the final stage of pushing inflation down to 2% could be especially hard but said they were confident
June 24, 2024
Brazil's central bank chief, Roberto Campos Neto, expressed concern on Friday that financial markets were still expecting high inflation despite data showing moderation,
June 25, 2024
Seriously overdue credit card debt is at the highest level in more than a decade, and people 35 and under are struggling more than other age groups to pay their bills
June 08, 2024
The euro fell on Monday after gains by the far right in European Parliament elections on Sunday prompted French President Emmanuel Macron to
June 26, 2024
Asian stocks are mixed ahead of a busy week with several top-tier reports on U.S. inflation due along with a policy meeting of the Federal Reserve
June 10, 2024
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual interest rate cuts
June 09, 2024
Updated economic projections from Federal Reserve officials this week are expected to show fewer interest rate cuts than policymakers anticipated three
June 26, 2024
European Central Bank interest rates are not on a linear downwards path and policymakers could at times wait more than one meeting before cutting them again, ECB President
June 26, 2024
The U.S. public’s outlook on the future path of inflation was mixed in May, according to a report on Monday from the Federal Reserve Bank of New York.
June 26, 2024
Swiss inflation rose less than expected in November, official data showed on Tuesday, boosting bets for a bigger interest rate cut by the Swiss National Bank next week.
December 03, 2024
The dollar hit a four-week high on Tuesday, ahead of a highly anticipated inflation report that is likely to influence the timing of the first rate cut by the U.S
June 27, 2024
The European Central Bank should persist in restraining economic growth given the ample inflationary pressures and wait with its next rate cut until uncertainty recedes, ECB chief
June 27, 2024
The dollar dropped on Wednesday after data showed that consumer prices in May rose less than economists expected, but pared losses after updated interest rate
June 28, 2024
China's consumer inflation held steady in May while producer price declines eased, but the underlying trend suggests Beijing would need to do more to
June 27, 2024
Most economists are expecting Singapore's monetary policy to remain unchanged at the July and October reviews, according to a survey by the central bank, as they
June 27, 2024
Federal Reserve officials said inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year
June 11, 2024
The ECB must move "very slowly" in reducing interest rates because there is huge uncertainty over the inflation outlook, its vice-president Luis de Guindos said on Wednesday.
June 28, 2024
The Bank of England will start cutting interest rates in August, according to all but two of 65 economists polled by Reuters, and most of them expect at
June 28, 2024
Thailand's central bank left its key interest rate unchanged for a fourth straight meeting on Wednesday, as widely expected, despite
June 27, 2024
The Federal Reserve is being characteristically cautious.
June 12, 2024
The dollar gained on Thursday despite a soft U.S. producer price inflation report for May, after the Federal Reserve adopted a hawkish tone at the conclusion of
July 02, 2024
Signs of falling U.S. inflation on Wednesday and growing hopes for interest rate cuts from the Federal Reserve could be a positive signal
June 28, 2024
The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December, with officials projecting only a single quarter-percentage-
June 28, 2024
Federal Reserve policymakers have reason to feel more confident that inflation is cooling after a U.S. government report on Wednesday showed consumer prices did not rise at
June 28, 2024
European shares advanced on Wednesday, with rate-sensitive sectors like real-estate jumping after a cool U.S. inflation reading propped up hopes that
June 28, 2024
Wholesale price increases fell in May, the latest sign that inflation pressures in the United States may be easing as the Federal Reserve considers a timetable for cutting interest rates
June 13, 2024
A look at the day ahead in Asian markets.
June 28, 2024
Transactions paid with foreign credit cards are helping circulate more foreign currency in Venezuela, where the government has locked in an exchange rate as part of
June 28, 2024
Taiwan's central bank said on Thursday it saw inflation gradually coming down for the rest of the year but the overall tone of monetary policy
June 28, 2024
A look at the day ahead in markets from Dhara Ranasinghe. It's back to the markets versus the U.S. Federal Reserve.
June 28, 2024
A look at the day ahead in European and global markets from Kevin Buckland The verdict from investors appears to be that benign U.S. inflation trumps the Fed's rate outlook, clearing the way for gains
June 28, 2024
Japan's nationwide core consumer inflation likely accelerated to 2.6% year-on-year in May from 2.2% in the previous month, a Reuters poll of 18 economists showed
June 28, 2024
U.S. consumer sentiment fell in June for the third straight month as Americans took a dimmer view of their own finances and worried about persistent inflation
June 14, 2024
U.S. consumer sentiment deteriorated in June as households worried about inflation and incomes, a survey showed on Friday.
June 28, 2024Foreign banks bought Indian government bonds worth 80.38 billion rupees ($962.2 million) on Thursday, the biggest single-session purchase since Feb. 1, data from
June 28, 2024
The European Central Bank can continue to lower interest rates broadly how the market expects if inflation keeps easing as envisaged, ECB policymaker
June 28, 2024
India's wholesale prices rose 2.61% in May, the most in more than a year, mainly driven by food items, government data showed on Friday.
June 28, 2024
Stabilising prices are creating an environment to cut rates in South Korea, a senior presidential official said on Sunday.
June 28, 2024
The European Central Bank is confident that inflation will fall back to its 2% target next year despite some "noisy" inflation along the way, the ECB's chief economist Philip Lane
June 28, 2024
The Swiss National Bank (SNB) will cut its key policy rate by 25 basis points on June 20 for a second straight meeting, according to two-thirds of economists polled by Reuters, a
June 28, 2024
UK grocery inflation fell for a sixteenth month in a row in June, industry data showed on Tuesday, providing a little cheer for Prime Minister Rishi Sunak ahead of
June 30, 2024
South Korea's central bank governor said on Tuesday the pace of consumer inflation is likely to continue to slow, feeding expectations the Bank of Korea will start cutting interest
June 29, 2024
Federal Reserve officials, heartened by recent data, are looking for further confirmation that inflation is cooling and for any warning signs from a still
July 01, 2024
A look at the day ahead in Asian markets.
July 01, 2024
A look at the day ahead in European and global markets from Ankur Banerjee Investors will get another chance to see if the global disinflation story gains more traction with UK inflation data taking
July 01, 2024
Bank of Japan policymakers debated the impact a weak yen could have on prices, with some flagging the chance of raising interest rates sooner than expected if
July 01, 2024
Inflation in the U.K. has returned to the Bank of England’s target rate of 2% for the first time in nearly three years
June 19, 2024
Sterling rose after UK data showed that underlying price pressures remained strong, meaning the Bank of England is likely to wait longer before cutting interest rates.
July 01, 2024
A look at the day ahead in European and global markets from Ankur Banerjee British inflation may have returned to its 2% target for the first time in nearly three years, setting the stage for the Bank
July 02, 2024
The Bank of England has kept its main interest rate at a 16-year high of 5.25%, even though inflation has fallen to its target of 2%
June 20, 2024
The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% at its last meeting before July 4's UK election, but the
July 02, 2024
European Central Bank policymaker Klaas Knot on Thursday backed market expectations for one or two more interest rate cuts this year as inflation appeared to be headed towards the
July 02, 2024
The number of working days lost to strikes in Germany doubled in 2023 compared with the previous year to more than 1.5 million, with a record 312 industrial disputes, a study showed on
July 02, 2024
Thailand's Finance Minister Pichai Chunhavajira will discuss the inflation target with the central bank governor, Prime Minister Srettha Thavisin said on Friday, adding additional
June 21, 2024
For markets trying to assess how quickly interest rate moves are likely to come, it's all about the data.
June 21, 2024
The Bank of Japan debated in June the chance of a near-term interest rate hike with one policymaker calling for an increase "without too much delay" to address risks
July 03, 2024
A look at the day ahead in European and global markets from Wayne Cole.
June 24, 2024
By Michael S.
July 03, 2024
A look at the day ahead in Asian markets. The wave of profit-taking in U.S.
July 03, 2024
The Federal Reserve must "exhibit care" as it aims to finish the job of bringing inflation under control, San Francisco Fed President Mary Daly said on Monday, noting that
July 03, 2024
The Bank of Japan is dropping signals its quantitative tightening (QT) plan in July could be bigger than markets think, and may even be accompanied by an interest rate
June 25, 2024
American consumers lost some confidence in June as expectations over the near-term future fell again
June 25, 2024
A look at the day ahead in European and global markets from Ankur Banerjee A pinch of caution ahead of a U.S. inflation reading, a bit of exuberance in tech stocks following a comeback from Nvidia and
June 26, 2024
German consumer sentiment is set to fall slightly in July, ending a four-month streak of rises, as households left uncertain by higher prices and an economy dawdling toward recovery
June 26, 2024
Australian consumer inflation accelerated to a six-month high in May, while a key measure of core prices rose for a fourth month, figures that caught
June 26, 2024
Thailand's economy is expected to grow at its potential rate by late this year or early in 2025, while the policy interest rate is
June 26, 2024
The European Central Bank could gradually reduce interest rates if inflation falls as expected, two ECB policymakers said on Wednesday.
June 26, 2024
Euro zone inflation may be bumpy but that was always expected and data continues to suggest that price growth will settle at the European Central Bank's 2% target, Finnish
June 26, 2024
Euro zone government bond yields rose on Wednesday as investors awaited inflation data from the United States and some members of the bloc due on Friday, and the first
June 26, 2024
A look at the day ahead in Asian markets.
June 26, 2024
A look at the day ahead in European and global markets from Tom Westbrook So much for a week watching football and cricket while counting down to Friday's blockbuster U.S. personal consumption price
June 27, 2024
Average starting pay for British jobs rose in May at the fastest pace in four months despite a 20% annual fall in the number of jobs on offer, figures from hiring platform Indeed
June 27, 2024
U.S. stocks ended Thursday around the unchanged mark as investors awaited fresh inflation data, with the Nasdaq able to eke out a
June 27, 2024
The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the government said in a slight upgrade from its previous estimate
June 27, 2024
Fewer people applied for unemployment benefits last week but the total number of Americans collecting jobless benefits rose to the highest level in more than two years
June 27, 2024
Inflation in the U.S. "appears to be narrowing" and that should allow the Federal Reserve to cut interest rates later this year, Atlanta Fed President
June 27, 2024
A look at the day ahead in Asian markets.
June 27, 2024
A measure of prices that's closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease
June 28, 2024
U.S. prices were unchanged in May while consumer spending rose moderately, a trend that could draw the Federal Reserve closer to start cutting interest rates this year.
June 28, 2024
Market bets rose on Friday that the Federal Reserve will cut interest rates by September and do so again in December after a government report showed a key measure of U.S. inflation
June 28, 2024
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing
June 28, 2024
It’s the economy, stupid. Here’s what you need to know about it for the presidential debate
June 27, 2024Activity in India's manufacturing sector rebounded last month as output increased on robust demand, leading to the fastest rate of hiring in over 19 years,
July 01, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan An event-packed but shortened week stateside kicks off the second half of 2024, with European markets rallying on Monday as the first
July 01, 2024
U.S. manufacturing contracted for a third straight month in June as demand remained subdued, while a drop in a measure of prices paid by factories for inputs
July 01, 2024
Prices in British shops rose at the slowest pace in almost three years last month, according to industry figures that underscore how inflation has cooled even if Prime Minister
July 01, 2024
The European Central Bank's next interest rate cut is still a relatively easy decision, but subsequent moves should only come once inflation is clearly
July 02, 2024
U.S. stocks are drifting near their record levels
July 02, 2024
European stocks fell to two-week lows on Tuesday as the relief rally in French shares following the first round of parliamentary elections faded, while
July 02, 2024
Inflation is on the way down in Europe
July 02, 2024
Investors just got an inflation wakeup call. Will they answer?
July 02, 2024U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates
July 02, 2024
The U.S. is back on a "disinflationary path," Federal Reserve Chair Jerome Powell said on Tuesday, but policymakers need more data
July 02, 2024
European Central Bank President Christine Lagarde welcomed a small fall in inflation last month as a step in the right direction,
July 02, 2024
Japanese service activity contracted for the first time in nearly two years in June as domestic demand cooled, a private sector survey showed on Wednesday, although business
July 02, 2024
China's services activity expanded at the slowest pace in eight months and confidence hit a four-year low in June, dragged by slower growth in new orders, a private-sector survey
July 03, 2024
Here’s how much more you’ll spend on your Fourth of July BBQ this year
July 03, 2024
Some European Central Bank policymakers are urging a review of the aggressive monetary stimulus policies the ECB employed for nearly
July 03, 2024
Federal Reserve officials at their most recent meeting welcomed recent signs that inflation is slowing and highlighted data suggesting that the job market and the broader economy could be cooling
July 03, 2024
South Korea should try to address the country's high prices through structural reforms, a Bank of Korea official said, as the central bank mainly targets
July 04, 2024
What to look for in Friday’s jobs report
July 04, 2024
The Bank of Israel will hold the line on short-term interest rates for a fourth straight meeting next week and perhaps until 2025 because of the war in Gaza,
July 04, 2024
The American job market likely cooled last month while still remaining fundamentally healthy, which would be welcome news for the Federal Reserve in its drive to fully tame inflation
July 04, 2024
The Bank of Japan will highlight how wage hikes are broadening across companies, including at smaller firms, in a report later this month, sources familiar with its
July 05, 2024
What to expect from the June jobs report
July 05, 2024
A recalibration of how the U.S. presidential election plays out is causing bond investors to bet yields stay higher for longer as November approaches.
July 05, 2024
Inflation is easing and the job market has returned to the "tight but not overheated" situation seen before the COVID-19 pandemic threw the U.S. economy into disarray,
July 05, 2024
A key part of America’s economy has shifted into reverse
July 07, 2024Fewer British firms plan to raise their prices in the coming months, according to a survey that will give reassurance to the Bank of England as it considers the possibility of
July 07, 2024
The Bank of Japan said wage hikes were broadening across the economy due to tight labour market conditions, signalling its confidence the country was making progress
July 08, 2024
Thailand's current potential economic growth rate of 3% is not satisfactory and prolonged below-target inflation is dangerous for
July 08, 2024The S&P 500 and Nasdaq notched record-high closes on Monday as investors awaited fresh inflation data, commentary from Federal Reserve Chair Jerome
July 08, 2024
Bank of England policymaker Jonathan Haskel said on Monday that he does not want to cut interest rates from their current 16-year high as
July 08, 2024
By Michael S.
July 08, 2024
Nigeria plans to suspend taxes on certain food imports including wheat and maize for 150-days, and recommend a retail price to try to bring under control rising
July 08, 2024
MSCI's global equities index bumped around in a narrow range while edging lower on Tuesday while U.S. Treasury yields rose after U.S.
July 09, 2024
Australian business conditions worsened in June with the outlook for employment taking a notable hit, a survey showed on Tuesday, though firms were a little more confident as cost
July 09, 2024
Thailand needs stronger economic growth as the current potential growth rate of about 3% is not high enough to help the economy expand sustainably in the long term, the central bank
July 09, 2024
The number of medium-sized and large companies in Germany that went insolvent in the first half of this year was up 41% compared with the same period last year, the Handelsblatt
July 09, 2024
The U.S. is "no longer an overheated economy" with a job market that has cooled from its pandemic-era extremes and in many ways is back where
July 09, 2024
India consumer price inflation probably edged up in June, snapping five months of declines, largely because of a jump in vegetable prices caused by the damage to
July 09, 2024
Rent inflation remains a pressure point for small businesses
July 09, 2024
The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in testimony to Congress, a shift in emphasis away from the Fed’s single-minded fight against inflation that suggests it's moving closer to cutting interest rates
July 09, 2024
A look at the day ahead in Asian markets. Is a U.S. interest rate cut coming? If so, when?
July 09, 2024
Rent and housing costs are keeping U.S. inflation higher than preferred but consumer price pressures will continue to come down over time,
July 09, 2024
China's consumer prices grew for a fifth month in June but missed expectations, while producer price deflation persisted, with domestic demand mired on a
July 10, 2024
New Zealand's central bank held the cash rate steady at 5.5% on Wednesday, but opened the door to monetary policy becoming less restrictive over time should
July 10, 2024
A look at the day ahead in European and global markets from Rae Wee Central bankers across the globe are finally showing increasing confidence that markets may be entering an era of lower rates, after
July 10, 2024
The US economy faces a new threat
July 10, 2024Gen Z adults in the U.S. face increasing financial challenges because of inflation and rising living costs, with 46% relying on financial assistance from their parents
July 10, 2024
Ukraine's consumer price inflation quickened to 4.8% year-on-year in June fuelled by an increase in consumer electricity prices, the statistics service said on Wednesday.
July 10, 2024
Argentina inflation is expected to have accelerated to over 5% in June, which would end a five-month streak of slowing price increases, according to a Reuters
July 10, 2024
By Michael S.
December 02, 2024
A look at the day ahead in Asian markets.
July 10, 2024
Costco bargain hunters are going to have to pay an additional $5 to $10 annually as the popular warehouse chain prepares to raise its membership fees for the first time in seven years
July 10, 2024
U.S. inflation should continue to fall without a significant further rise in the unemployment rate, Federal Reserve Governor Lisa Cook said on Wednesday.
July 10, 2024
The dollar dropped on Thursday after data showed headline consumer prices unexpectedly fell in June, while a sharp gain in the Japanese yen sparked speculation of a
July 11, 2024
South Korea's central bank said it was time to prepare for a pivot to interest rate cuts but more evidence is needed to strengthen confidence that
July 10, 2024
A global index of stocks edged down and bond yields fell on Thursday after U.S. inflation data boosted bets on interest-rate cuts while the
July 11, 2024
A look at the day ahead in European and global markets from Tom Westbrook No doubt there are some sore heads around the City today after Ollie Watkins' stoppage-time strike sent England into Sunday's
July 11, 2024
Optimism is rising among economists, investors and Federal Reserve officials that U.S. inflation is nearly under control, with the latest report on consumer prices expected to show another month of mild increases
July 10, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan If Federal Reserve boss Jerome Powell had any inkling of the June U.S. inflation readout when speaking to Congress this week, then
July 11, 2024
Portfolio managers at the world's largest global financial institutions expect credit conditions to worsen over the next three months, according to a survey by the
July 11, 2024
Conagra Brands forecast annual revenue and profit below analysts' estimates on Thursday, as cash-strapped consumers turned to cheaper pantry
July 11, 2024
The European Central Bank will cut its deposit rate twice more this year, in September and December, according to a strong majority of economists polled by
July 11, 2024
The "last mile" of the Federal Reserve's battle against inflation may have shortened to a last lap after U.S. consumer prices unexpectedly fell in
July 11, 2024
U.S. consumer prices unexpectedly fell in June and the annual increase was the smallest in a year, reinforcing views that the disinflation trend was back on track and drawing the Federal
July 11, 2024
If you’ve noticed that you’re paying more than before for the same amount of groceries, you’re not the only one
July 11, 2024
Why fast food value menus aren’t as good a deal as you might think
July 11, 2024
The dollar fell sharply against the yen for the second straight day, raising questions as to whether Japan was intervening, while a global
July 12, 2024
HSBC Bank on Friday raised its forecast for Vietnam's gross domestic product growth for this year to 6.5% from its previous forecast of 6.0%, after second-quarter growth beats
July 12, 2024
Consumer prices in France rose 2.5% year-on-year in June, statistics office INSEE said on Friday, confirming its preliminary reading published in late June.
July 12, 2024
Momentum to raise wages has been spreading among small and medium firms in Japan this year, reflecting labour shortages and efforts to help employees tackle an inflationary squeeze,
July 12, 2024
Japan's core consumer inflation probably picked up in June for a second straight month, a Reuters poll of 18 economists showed, keeping the central bank under
July 12, 2024
U.S. stocks rose after some mixed signals on big banks’ profits and inflation did little to dent Wall Street’s belief that easier interest rates are on the way
July 12, 2024
Snacks are getting cheaper as Americans tire of high prices
July 12, 2024
Signs of consumers slowing down spending and falling behind on their bills weighed down shares of the big banks on Friday
July 12, 2024
Ireland's domestic economy last year grew much faster than initially estimated, with growth revised sharply higher to 2.6% from 0.5% and momentum continuing into the first quarter
July 12, 2024
Global debt funds attracted inflows for a 29th straight week in the seven days to July 10 on expectations of a Federal Reserve rate cut amid weakening labour market conditions and easing
July 12, 2024
A big change could come to the US economy in September
July 12, 2024Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain elevated
July 12, 2024
U.S. producer prices increased slightly more than expected in June amid a rise in the cost of services, but that did not change expectations that the Federal
July 12, 2024
U.S. consumer sentiment ebbed in July, but inflation expectations over the next year and beyond improved, a survey showed on Friday.
July 12, 2024
Stop & Shop is closing 32 ‘underperforming’ locations. Here’s where
July 12, 2024
A closely watched measure of inflation in Argentina remained stronger than the libertarian government of President Javier Milei would have hoped
July 12, 2024
Federal Reserve Governor Christopher Waller, whose views are often a bellwether for U.S. monetary policy, said on Monday that with inflation still forecast
December 02, 2024
Argentina's central bank will start selling U.S. dollars in the country's parallel foreign exchange markets in an effort to combat inflation and freeze the country's money
July 13, 2024
Argentina's economy ministry said on Sunday it will purchase just over $1.5 billion from the central bank to pay the total interest on the country's "Globales" and "Bonares"
July 14, 2024
Bank Indonesia (BI) will keep its key interest rate at 6.25% on Wednesday but will cut it by 25 basis points next quarter, earlier than previously
July 15, 2024
Asian stocks are mixed as investors grappled with the weak economic data from China and waited to see the outcome of a top Communist Party policy meeting in Beijing
July 15, 2024
African swine fever outbreaks are spreading in Vietnam and could affect its food supplies and put upward pressure on inflation, according to a government document.
July 15, 2024
Federal Reserve Chair Jerome Powell on Monday kicks off what is shaping up as a key week of commentary from U.S. central bank officials taking stock of
July 15, 2024
If the deep split in U.S. politics makes characterizations of economic data a dependable tell about party affiliation, the coming Republican and Democratic
July 15, 2024
Argentina's battered economy is expected to plateau and begin a fluctuating recovery in the second half of the year, according to forecasts by analysts and
July 15, 2024
Canadian businesses expect interest rates to come down by as much as 100 basis points over the next year but their willingness to invest is below
July 15, 2024
The Argentine parallel market peso appreciated against the U.S. dollar on Monday while the local stock market suffered, after new economic measures introduced by President
July 15, 2024
Asian stocks are mostly lower even as investors wager that the Federal Reserve will come ahead with a cut to interest rates, while Australia's benchmark hit a new record
July 16, 2024
UK grocery inflation has slowed this month to its lowest level since September 2021, coinciding with the fastest rise in monthly supermarket shopper numbers so far
July 16, 2024
U.S. retail sales were unchanged in June as a drop in receipts at auto dealerships was offset by broad strength elsewhere, a display of consumer resilience
July 16, 2024
New inflation warning: Get used to high interest rates, IMF says
July 16, 2024
Small business sales growth slowed in June as consumers took a pause on spending
July 16, 2024
Federal Reserve Governor Adriana Kugler on Tuesday expressed cautious optimism that inflation is returning to the U.S. central bank's 2% target, with goods,
July 16, 2024
Japanese manufacturers became more confident about business conditions in July whereas those in the service sector cooled, the
July 16, 2024
The Asian Development Bank (ADB) slightly raised its growth forecast for developing Asia this year due to stronger domestic demand and export growth, but said downside risks from a
July 16, 2024
A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view
December 02, 2024
By Howard Schneider and Michael S.
July 17, 2024
Wages in Britain grew a bit more slowly but still increased at a pace that would normally be too strong for the Bank of England, leaving in doubt
July 18, 2024
The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again
July 18, 2024
India's central bank said on Thursday that the economy's natural rate of interest has increased since the pandemic and will rise further, driven by the growth of
July 18, 2024
The European Central Bank kept interest rates unchanged on Thursday, and gave no hints as to what investors might expect at its next meeting, saying September was "wide open" and
July 18, 2024
A look at the day ahead in Asian markets.
July 18, 2024
First to hike, first to hit its inflation target - and the last to cut?
July 19, 2024
Two European Central Bank policymakers on Friday backed further interest rate cuts, expressing greater confidence that inflation was heading to the ECB's goal next year.
July 19, 2024
Investors have locked onto the U.S. central bank's Sept. 17-18 meeting for the start of interest rate cuts that Federal Reserve Chair Jerome Powell has said
July 19, 2024
Global equity funds attracted inflows for a fourth successive week in the seven days to July 17, spurred by expectations of a Federal Reserve rate cut after recent data showed cooling
July 19, 2024
Latinos have become a new battleground frontier for political candidates
November 30, 2024
Euro zone inflation will continue to slow in the coming years and could dip below the European Central Bank's 2% target by 2026%, an ECB survey showed on Friday.
July 19, 2024
Atlanta Federal Reserve President Raphael Bostic said on Monday he has an open mind about whether to cut interest rates again at the Fed's December meeting, with
December 02, 2024Russia's sanctions-hit, militarized economy is expected to slow next year and banks' profits will fall, while the benchmark interest rate may
December 02, 2024
India's monetary policy framework should consider targeting inflation that excludes food, the prices of which are influenced more by supply than demand, the government's 2023/24
July 22, 2024
It’s becoming harder to get — and keep — a car
July 22, 2024
Strong wage growth is making it harder to bring down inflation in the euro zone, the German central bank said on Monday, calling for a careful approach to further interest rate
July 22, 2024
In September 2021, after absorbing three months of price hikes that were more than double the Federal Reserve's 2% target, U.S. central bank staff and
July 22, 2024
Brazil's economy will continue growing at a steady pace over the medium term thanks to a continuous rise in public spending that is set to keep fiscal
July 22, 2024
Singapore's central bank is widely expected to keep monetary policy unchanged this week and hold off easing settings amid lingering risks to the inflation outlook
July 23, 2024
Group of 20 finance leaders are expected to cheer the growing likelihood of a global economic "soft landing" while warning of the risks from
July 23, 2024
U.S. truckmaker PACCAR Inc reported a fall in its second-quarter profit on Tuesday, marginally missing estimates, hurt by inflationary pressures and high capital spending.
July 23, 2024
South Korea's consumer sentiment in July was the most optimistic in 27 months, with a brighter spending outlook due to easing inflation concerns, a central bank survey showed on
July 23, 2024
Japan's factory activity contracted slightly in July as output and new orders fell and firms remained under pressure from higher prices, a business survey showed on Wednesday.
July 23, 2024
India's business activity accelerated at its fastest pace in three months in July thanks to strong demand, especially in the services sector, according to a
July 24, 2024
German consumer sentiment is set to recover significantly heading into August as households' income expectations hit their highest point in over two years due to slightly lower
July 24, 2024
The Bank of Canada on Wednesday trimmed its key interest rate by 25 basis points for the second month in a row, bringing it to 4.5%, and said
July 24, 2024
Sri Lanka's central bank cut interest rates by 25 basis points on Wednesday in a surprise decision aimed at spurring economic recovery following the country's
July 24, 2024
The Bank of England will trim Bank Rate to 5% next week, a majority of economists said in a Reuters poll, and with inflation expected to hover around target, it
July 24, 2024
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points for the second month in row, bringing it down to 4.5%, and said more cuts were likely if inflation
July 24, 2024
Investors turned bullish on the Singapore dollar for the first time since mid-December as the city-state's growth and inflation dynamics continue to support the local unit,
July 25, 2024
The US economy is pulling off something historic
July 25, 2024
Fewer Americans filed for unemployment benefits last week, but applications remained at recently elevated, though not troubling levels
July 25, 2024
Inflation in key sub-Saharan African economies is unlikely to slow to targets even after recent aggressive interest rate hikes as central banks look to reverse
July 25, 2024
After getting trounced by their larger rivals for years, some of the smallest stocks on Wall Street have shown much more life recently
July 25, 2024
The Bank of Canada is shifting its focus to boosting the economy rather than suppressing inflation, which raises prospects of further interest
July 25, 2024
A gauge of global stocks climbed for the first time in four sessions on Friday as equities steadied after a sharp selloff and U.S. economic data showed an
July 26, 2024
Wall Street rallied following encouraging reports on inflation and on strong profits at 3M and other big U.S. companies
July 26, 2024
European shares closed higher on Friday, boosted by an earnings-driven advance across several sectors including luxury, while global markets remained
July 26, 2024
Euro zone consumers stopped reducing their inflation expectations in June after four consecutive monthly falls, a European Central Bank survey showed on Friday.
July 26, 2024
The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates in September
July 26, 2024
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services, underscoring an improving inflation
July 26, 2024
Turkey's economic turnaround is yielding results, EBRD Vice President Matteo Patrone told Reuters on Friday, adding that the bank aims to match
July 26, 2024
The European Central Bank still faces a tough "last mile" in its fight against high inflation, as evidenced by stubbornly high growth in the prices of services, ECB board member
July 26, 2024
See where inflation is the highest and lowest in America
July 28, 2024
On Wednesday, Federal Reserve officials wrap up their latest policy meeting and aerospace giant Boeing reports its second-quarter earnings
July 26, 2024The Federal Reserve is expected to hold interest rates steady at a two-day policy meeting this week but open the door to interest rate cuts as soon as
July 29, 2024
Inflation is nearing the Federal Reserve's 2% target, and the central bank is expected to begin cutting interest rates as soon as September.
July 29, 2024
Two years after launching an aggressive fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century high, the Federal Reserve is expected to signal this week that it will likely reduce borrowing costs as soon as September
July 26, 2024
Optimism about global growth prospects this year and next is building among hundreds of economists polled by Reuters, with risks still tilted toward higher
July 29, 2024
The German economy unexpectedly contracted in the second quarter after skirting a recession at the beginning of the year and July's inflation rose, showing the
July 30, 2024
Record heat is set to drive the cost of fruits and vegetables higher
July 30, 2024
Pakistan's finance ministry expects inflation in July to range between 12% and 13%, easing further in August to stand between 11.0% and
July 30, 2024
Mass market retailers in the U.S. are plying shoppers with offers for computers, clothes and other back-to-school essentials at affordable prices
July 30, 2024
American consumers felt more confident in July as expectations over the near-term future rebounded
July 30, 2024
U.S. consumer confidence unexpectedly rose in July, but remained in the tight range of the past two years amid lingering worries about inflation and higher borrowing costs.
July 30, 2024
It’s not the end of the world if the Fed doesn’t cut rates tomorrow
July 30, 2024The Bank of Japan raised interest rates to levels unseen in 15 years and unveiled a detailed plan to slow its massive bond buying, taking another
July 30, 2024
Federal Reserve Chair Jerome Powell has set the stage for the central bank’s first rate cut in four years
July 30, 2024
Key takeaways from the latest Fed meeting
July 31, 2024
India's central bank is under increasing political pressure to cut interest rates as soon as this week, after data showed growth was much
December 02, 2024
For much of the past 17 years the Federal Reserve has been the central player in U.S. economic policy, throwing multi-trillion-dollar safety nets under the
December 02, 2024
Kenya's inflation fell to 4.3% year-on-year in July from 4.6% a month earlier, the statistics office said on Wednesday. On a monthly basis, inflation was -0.2% from 0.4% in June.
July 31, 2024
The Bank of Japan said on Thursday there was a chance wage and price growth could overshoot expectations as labour markets tighten.
August 01, 2024
Coffee is becoming a luxury, and there’s no escaping it
August 01, 2024
Euro zone manufacturing activity remained mired in contraction in July amid a broadbased malaise, with output declining at its fastest pace this year, according to a survey which
August 01, 2024
Hershey cut its annual profit and sales forecasts on Thursday and posted a near 17% drop in quarterly sales, highlighting cautious consumer spending for its candy and chocolates. WHY IS IT IMPORTANT?
August 01, 2024
Industrial technology solutions provider Ametek cut its annual profit forecast on Thursday, as high borrowing costs and sticky inflation force its customers to delay project expenses.
August 01, 2024The number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains broadly healthy
August 01, 2024
U.S. worker productivity growth accelerated in the second quarter, keeping the increase in labor costs in check, and further brightening the inflation outlook.
August 01, 2024
The global rate cut cycle is picking up steam, with half of developed markets' central banks having begun easing, and the U.S.
August 01, 2024
At least two Ethiopian local governments have ordered the closure of dozens of businesses found hiking prices of basic commodities after the central bank floated the national
August 01, 2024
The average rate on the popular U.S. 30-year mortgage rate fell to 6.73% this week, its lowest level since February as the bond market reacted to signs of
August 01, 2024
South Korea's consumer inflation ticked up in July on supply-side pressures after weakening for three straight months, official data showed on Friday, coming in slightly higher than
August 01, 2024
A weak yen is hurting Japanese households' sentiment and could erode their purchasing power, the government said in a report on Friday, underscoring its concern over
August 02, 2024
China should ramp up its fiscal stimulus to spur economic growth and set a firm inflation target to prevent the country falling into a "low inflation trap", a central bank policy
August 02, 2024
Businesses added just 114,000 jobs in July, according to Bureau of Labor Statistics data released, and the unemployment rate unexpectedly leapt to 4.3%, which is the highest since October 2021. CNN's Paula Newton reports that’s a significantly lower total than the 175,000 that economists were expecting.
August 02, 2024
The turmoil shaking global financial markets reflects a sudden fear that the Federal Reserve may have held its key interest rate too high for too long, heightening the risk of a U.S. recession
August 02, 2024
Colombia's central bank technical team revised its inflation outlook for the year to 5.7%, from a previous 5.5%, it said in a quarterly report published on Friday.
August 02, 2024
India's factory growth cooled in November yet maintained a strong pace, leading to significantly improved optimism despite demand easing a bit due to higher
December 02, 2024
Indonesia's annual inflation eased to 1.55% in November, official data showed on Monday, for the slowest rate since July 2021 amid lower
December 02, 2024
The European Central Bank should make future monetary policy decisions based on upcoming risk rather than the latest economic data, ECB chief economist Philip Lane told the Financial Times
December 02, 2024
The return of inflation in Japan is pushing up loan demand from the country's small and midsize firms for capital investment and digitalisation, the chief executive
December 02, 2024
Growth in Germany's services sector slowed for the second consecutive month in July, a survey showed on Monday, in a further sign that Europe's biggest economy is
August 05, 2024
Protests in Nigeria over the soaring cost of living ebbed on Monday, with only a few hundred people turning out in major cities following a deadly crackdown by security
August 05, 2024
Markets on Wall Street and in Asia are stabilizing Tuesday following a mini-panic caused by an assortment of factors that stretched from late last week through Monday
August 05, 2024
San Francisco Federal Reserve Bank President Mary Daly on Monday said she is "more confident" U.S. inflation is headed toward the Fed's 2% goal.
August 05, 2024
Stocks rose on Wall Street as calm returned to the market a day after its worst drop in nearly two years
August 06, 2024
Mexico's headline inflation rate likely accelerated again in July to reach its highest level in more than a year, while the core index is forecast to continue to moderate, a
August 06, 2024
The Bank of Mexico will likely hold its benchmark interest rate at 11% later this week, according to a majority of analysts in a Reuters poll on Tuesday, as inflation and the
August 06, 2024
U.S. stocks slumped after a morning rally evaporated, but the losses on Wall Street weren’t as bad as the manic moves that wracked markets worldwide over the last week
August 07, 2024
Here’s who to blame — and who not to blame — for the slumping US economy
August 07, 2024Disney may have a parks problem
August 07, 2024
South Korea's state-run think tank on Thursday said there was a need for early cuts in interest rates, as it flagged weaker economic growth and inflation amid sluggish domestic
August 08, 2024U.S. stocks rallied to their best day since 2022 in Wall Street’s latest sharp swerve
August 08, 2024
Mexico's headline inflation rate rose again in July, reaching a level not seen in over a year, while the core index showed signs of moderation, according to data
August 08, 2024
Days after hundreds of thousands of people took to the streets across Nigeria to protest against inflation and other economic hardships, clothing seller Michael Nwankwo
August 09, 2024
Inflation comes for your oysters
August 11, 2024
World stocks edged higher on Monday while the yen slipped as a holiday in Japan removed one source of recent volatility, with investors
August 11, 2024
Catherine Mann, an external member of the Bank of England's Monetary Policy Committee, said in a podcast released on Monday that goods and services prices were set to rise again and
August 12, 2024U.S. stocks drifted through a quiet day to finish mixed, as markets around the world stabilized following a wild week
August 12, 2024
U.S. indexes closed up on Tuesday and hit a near two-week high after softer producer prices data reinforced bets of an interest-rate cut by the Federal Reserve in
August 13, 2024A key inflation gauge showed price hikes slowed last month. But economic jitters remain
August 13, 2024
Stocks jumped and bond yields fell on Tuesday after data showed U.S. producer prices increased less than expected in July, reinforcing
August 13, 2024
U.S. producer prices increased less than expected in July as the cost of services fell by the most in nearly 1-1/2 years amid signs of diminishing pricing
August 13, 2024
Services activity in Brazil grew more than expected in June to hit an all-time high, eclipsing a record that had been set in December 2022, data from statistics agency IBGE showed
August 13, 2024British pay grew at its slowest pace in nearly two years, likely reassuring the Bank of England that inflation pressures are easing, and there was a surprise drop
August 13, 2024James Kirsh expects the cost of the property and casualty insurance for his family-owned foundry in Wisconsin that makes cast iron parts for tractors and other equipment
August 13, 2024U.S. small-business confidence jumped to the highest level in nearly 2-1/2 years in July, another indication that financial market fears of a recession following last month's
August 13, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Much like Wall Street's rapid healing on Friday, Japanese stocks completed their week-long, hair-raising round trip on Tuesday as
August 13, 2024
UK grocery inflation edged higher this month for the first time since March 2023, industry data showed on Tuesday.
August 13, 2024Spain's European Union-harmonised 12-month inflation fell to 2.9% in July, from 3.6% in the period through June, final data released by the National Statistics Institute (INE) showed on
August 13, 2024
Middle- and low-income U.S. families now have significantly fewer liquid resources like bank deposits than they were on track to have before the disruptions of the COVID-19
August 12, 2024
A look at the day ahead in European and global markets from Stella Qiu The Reserve Bank of New Zealand is known for a tendency to surprise, and this time is no different.
August 14, 2024India's wholesale price inflation slowed in July mainly due to a fall in vegetable prices, government data released on Wednesday showed.
August 14, 2024Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September
August 13, 2024
Zambia's central bank kept its benchmark lending rate unchanged on Wednesday, saying that although inflation remained high its stance was appropriate given the
August 14, 2024Namibia's central bank cut its main interest rate by 25 basis points on Wednesday, citing a slowdown in inflation and inflation expectations.
August 14, 2024The S&P 500 ended higher on Wednesday, stretching its winning streak to five sessions, as the latest inflation data reassured investors betting the Federal Reserve would
August 14, 2024U.S. consumer prices rose moderately in July and the annual increase in inflation slowed to below 3% for the first time in nearly 3-1/2 years, opening the door
August 14, 2024A top Federal Reserve official warned that the central bank needs to cut its key interest rate before the job market weakened further or the Fed would risk moving too late and potentially imperil the economy
August 14, 2024Why car insurance is still so expensive even as car prices are dropping
August 14, 2024
Wall Street rallied close to its record heights after data showed the U.S. economy is holding up better than expected
August 15, 2024
The war on inflation has been won. It’s OK if you’re still angry
August 15, 2024U.S. import prices barely rose in July, extending the flow of tame inflation readings that have bolstered financial market expectations for an interest rate cut next month.
August 15, 2024
U.S. retail sales rose more than expected in July, which could help to allay financial market fears of a sharp economic slowdown that were fanned by a jump in the unemployment
August 15, 2024Sales at US retailers unexpectedly surged in July, the Commerce Department reports, rising by 1% from the prior month, up from June’s downwardly revised 0.2% decline.
August 15, 2024
Israel's inflation rate kept climbing in July, data from the Central Bureau of Statistics showed on Thursday, reducing the likelihood of further interest rate reductions anytime
August 15, 2024The average rate on the popular U.S. 30-year mortgage rate was little changed near the lowest level in over a year this week, as signs of cooling inflation have
August 15, 2024U.S. stocks drifted higher as Wall Street coasted to the close of its best week since November
August 16, 2024
Malaysia's economy expanded at its fastest rate in 18 months in the second quarter helped by stronger household spending, exports and
August 16, 2024America’s economy is wildly confusing right now. Here’s what’s really going on
August 16, 2024Vice President Kamala Harris has proposed a ban on “price gouging” by food suppliers and grocery stores, as part of a broader agenda aimed at lowering the cost of housing, medicine, and food
August 16, 2024
U.S. stocks climbed, and Wall Street pulled closer to its record heights following its roller coaster of a summer
August 19, 2024
Australia's central bank judged a near-term rate cut was unlikely and policy might need to stay restrictive for an "extended period" to ensure inflation can be tamed, after debating
August 20, 2024
U.S. stocks ticked lower and snapped an eight-day winning streak, the longest of the year
August 20, 2024
Japan's dwindling working-age population is leading to structural changes in the labour market that are heightening pressure on firms to hike wages and services
August 20, 2024
Federal Reserve officials have said they’re increasingly confident that they’ve nearly tamed inflation
August 20, 2024
Growth in negotiated wages across Germany slowed in the second quarter, providing some relief to European Central Bank policymakers and possibly bolstering the case for another
August 20, 2024
Australian retail sales firmed for a third straight month in October as tax cuts flowed through to wage packets and consumers became more confident that interest rates
December 02, 2024
Canada's annual inflation rate cooled to a 40-month low of 2.5% in July, matching forecasts, and core inflation measures eased as well, data showed on Tuesday, keeping the Bank of
August 20, 2024
Federal Reserve Governor Michelle Bowman on Tuesday said she remains cautious about any shift in the U.S. central bank's policy because of what she sees as continued upside risks for
August 20, 2024
U.S. stocks ticked higher after more big companies delivered profit reports that topped analysts’ expectations
August 21, 2024
The euro is trading at its highest this year against the dollar, emerging as a clear winner from the recent ructions in global currency markets that have
August 21, 2024
Off-price retailer TJX Cos raised annual profit forecast after quarterly results beat estimates on Wednesday, banking on gains from easing costs and strong demand for its affordable apparel
August 21, 2024
The Bank of England will cut interest rates just once more this year, in November, a majority of economists said in a Reuters poll, as British inflation is
August 21, 2024
Argentina's economic activity fell 3.9% in June compared to the same month last year, official data showed on Wednesday, as the economy shrunk again during the month after a
August 21, 2024
Japan's factory activity shrank in August amid subdued demand although the pace of decline slowed, while the service sector expanded, showing upbeat conditions in some industries, a
August 21, 2024
U.S. stocks closed lower as Wall Street counted down to its main event for the week, a speech by Federal Reserve Chair Jerome Powell coming up on Friday
August 22, 2024
India's business activity extended its robust growth streak in August as a stronger services industry offset a slight slowing in manufacturing expansion,
August 22, 2024
Euro zone business activity showed surprising strength in August despite firms raising prices, a survey showed, potentially weakening expectations for two more rate
August 22, 2024
U.S. business activity fell to a 4-month low in August and firms continued to struggle to pass on higher prices to consumers, bolstering the likelihood that inflation will stay on a
August 22, 2024
Japan's core inflation accelerated for a third straight month in July, data showed on Friday, but a slowdown in demand-driven price growth
August 22, 2024
Bank of Japan Governor Kazuo Ueda on Friday reaffirmed his resolve to raise interest rates if inflation stayed on course to sustainably hit the 2%
August 22, 2024
The European Central Bank has room to cut interest rates possibly two more times this year as inflation remains broadly on the declining path policymakers envisaged,
August 23, 2024
U.S. stocks rallied closer to their records after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy
August 23, 2024
Euro zone consumers' inflation expectations over the next 12 months remained steady for the third month in a row in July, a European Central Bank survey showed on Friday.
August 23, 2024
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday
August 22, 2024
‘The time has come’: The Fed just sent a crucial message about its next move
August 23, 2024
Powell just suggested interest rate cuts are coming. What everyone wants to know now
August 23, 2024
The Federal Reserve is poised to cut its benchmark interest rate next month from its 23-year high, with consequences for consumers when it comes to debt, savings, auto loans and mortgages
August 23, 2024
The European Central Bank is making "good progress" in cutting inflation back to its 2% target but success is not yet assured, so restrictive monetary policy is still
August 24, 2024
Turkish banks will pay the price throughout next year as challenges linger from the country's economic turnaround, the chief executive of lender Isbank said in an
August 25, 2024
Americans set to spend a total of $39 billion on back-to-school shopping this year
August 25, 2024
For academics and policymakers gathered at the U.S.
August 25, 2024
British shop prices fell in annual terms this month for the first time since October 2021, pushed down by summer sales of clothes and household goods, a survey showed on Tuesday.
August 26, 2024
Beyond the common challenges like currency fluctuations and supply shocks that keep the world's central bankers up at night,
August 27, 2024
Bank of Japan Deputy Governor Ryozo Himino on Wednesday reiterated the central bank's stance that it would continue to raise interest rates
August 28, 2024
Brazil's central bank has provided no guidance for its upcoming policy meeting because of its need for flexibility at this time as it tries to bring inflation back
August 28, 2024
The Bank of Mexico cut its forecast for economic growth this year and next, according to the central bank's quarterly report on Wednesday, citing weaker foreign
August 28, 2024
Spain's EU-harmonised annual inflation fell to 2.4%, its slowest pace in a year, thanks to lower fuel and food prices, preliminary data released by the National Statistics Institute (INE)
August 29, 2024
Turkey's economic growth is expected to have fallen to 3.2% in the second quarter of this year as tighter economic policies weighed, a Reuters poll showed on Thursday, with the
August 29, 2024
Lending to the government by Egypt's central bank continued to climb in the last fiscal year, according to the central bank's newly released annual budget, even as
August 29, 2024
German inflation fell more than expected in August, declining to its lowest level in more than three years and making it easier for the European Central Bank to
August 29, 2024
Another key interest rate hike in September is not a certainty, as economic growth and lending are slowing down, a senior central bank official said on Thursday in
August 29, 2024
Thailand's central bank chief and finance minister will meet in early September to open negotiations on an inflation target for 2025, a senior official
August 29, 2024
India's economic growth is expected to have slowed in the April-June quarter due to reduced government spending during the national elections and stalling
August 29, 2024
Stocks on Wall Street bounced back from a midafternoon fade Friday, and the market closed out its fourth straight winning month with solid gains
August 30, 2024
European shares rose to an all-time high on Friday, closing a turbulent month on a bright note after a significant drop in euro zone inflation
August 30, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Record stock market highs have lit up across the world once again - though not yet for the usual suspects in the S&P500 and Nasdaq.
August 30, 2024
Latest inflation data gives a ‘bright green light’ for a rate cut
August 30, 2024
An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time in 4 1/2 years
August 30, 2024
U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing against a half-
August 30, 2024
The European Central Bank would be "wise" to deliver another interest rate cut in September, French policymaker Francois Villeroy de Galhau said, warning there was a risk of
August 30, 2024
Japan's factory activity contracted at a slower pace in August thanks to a recovery in output and new orders, a private-sector survey showed on Monday, offering some hope for an
September 01, 2024
Turkey's economy grew less than expected in the second quarter, expanding an annual 2.5% in the face of a year-long monetary tightening campaign, data
September 02, 2024
Euro zone manufacturing activity remained mired in contraction in August, a survey showed on Monday, with the data suggesting a recovery could be some way off as demand fell at its
September 02, 2024
Pakistan's annual consumer price inflation rate slowed to 9.6% in August, the first single-digit reading in almost three years, the statistics agency said on Monday.
September 02, 2024
Russia's central bank is expected to raise its benchmark interest rate by 100 basis points to 19% at its Sept. 13 meeting to combat inflation and cool the overheated economy, a Reuters
September 02, 2024
Lags in New Zealand's official economic data are creating a fog for policy makers that recently forced them to veer off course and cut interest
September 02, 2024
South Korea's consumer inflation slowed in August to the weakest in nearly 3-1/2 years, official data showed on Tuesday, supporting market expectations for an easing of
September 02, 2024
Bank Negara Malaysia (BNM) will leave its key interest rate unchanged on Thursday and keep it there at least through 2025 as growth remains robust and inflation
September 02, 2024
As recently as two and a half months ago, most U.S. central bankers didn't see an interest rate cut in the cards at their Sept. 17-18 meeting.
September 03, 2024
Russia's annual inflation may have peaked in July, the central bank said on Tuesday, but medium-term inflationary risks remain high and it is too early to speak about a steady
September 03, 2024
U.S. housing inflation is likely to ease in the coming year as the gap between supply and demand for homes narrows, according to research published on Tuesday by the Federal Reserve Bank
September 03, 2024
The European Central Bank can continue to cut interest rates given the slowdown in inflation, and there is a risk the bank could keep policy too tight, ECB board member Piero
September 04, 2024
America has the fewest jobs available since January 2021
September 04, 2024
Japan's inflation-adjusted wages rose for two consecutive months in July thanks to a bump in summertime bonuses, government data showed on Thursday.
September 04, 2024
Most U.S. stocks fell following a mixed round of data on the economy, keeping them on track for their worst week since April
September 05, 2024
Growth in Britain's construction industry slowed in August despite the biggest pickup in homebuilding in nearly two years, according to a survey on Thursday that added to signs of
September 05, 2024
Germany's economy is likely to stagnate this year, the country's Ifo institute said on Thursday, abandoning its previous forecast of 0.4% growth.
September 05, 2024
U.S. worker productivity grew faster than initially thought in the second quarter, reining in labor costs, suggesting that inflation pressures could continue to subside.
September 05, 2024
Hiring by America’s employers picked up a bit in August from July’s tepid pace, and the unemployment rate dipped for the first time since March in a sign that the job market may be cooling but remains sturdy
September 05, 2024
The volatile activity that has marked September so far may not let up any time soon, as investors are on edge ahead of more key macro events that could shape the tone for trading in the
September 06, 2024
The United Nations' world food price index eased slightly in August, data released on Friday showed, as lower prices for sugar, meat and cereals more than offset
September 06, 2024
Mexico's headline inflation rate likely eased in August after accelerating for the previous five months, a Reuters poll of analysts showed on Friday, boosting expectations that
September 06, 2024
A sharper rise in capital investment is one of many improvements to Russia's 2024 economic outlook, new economy ministry forecasts showed, though stubbornly
September 06, 2024
Munich Re said on Sunday that it will push for higher reinsurance rates to take into account the fact that costs for insured damages are rising much faster than overall consumer
September 08, 2024
Hungarian Prime Minister Viktor Orban said on Sunday that a new ministry would take charge of the economy and state finances as he gears up
September 08, 2024
China's consumer inflation accelerated in August to the fastest pace in half a year but the uptick was due more to higher food costs from weather
September 09, 2024
U.S. stocks climbed Monday to claw back some of the losses from their worst week in nearly a year and a half
September 09, 2024
European bourses rose on Monday, recovering from steep declines the previous week as focus shifted to an anticipated interest rate cut from the
September 09, 2024
Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection as it contends with a pullback in consumer spending and soft sales
September 09, 2024
After grappling with the strongest U.S. price pressures in four decades, it's hard for investors to adjust to the notion that inflation could soon
September 09, 2024
Brazilian economists surveyed weekly by the central bank have aligned their expectations with future interest rate pricing, now anticipating a rate hike at this
September 09, 2024Argentina's monthly inflation rate is expected to have edged down to 3.9% in August, a Reuters poll of economists showed on Monday, the lowest since the start
September 09, 2024
France's economy accelerated in the third quarter thanks to the Olympic Games but is set to go into reverse before the end of the year, the country's INSEE statistics agency forecast
September 09, 2024By Michael S.
September 09, 2024
The Dow gets a big boost
September 09, 2024
The S&P 500 and the Nasdaq gained ground while Brent crude prices hit a 3-1/2-year low on Tuesday amid concerns over softening global demand a day ahead of key
September 10, 2024
U.S. stocks drifted to a mixed close following several weeks of sharp swings
September 10, 2024
Pakistan's central bank is expected to cut its key interest rate further during its policy meeting on Thursday, analysts said, after inflation dropped to single
September 10, 2024German inflation fell to its lowest level in more than three years in August, a second estimate confirmed on Tuesday, making it easier for the European Central
September 10, 2024
European equity markets largely lost ground on Tuesday, weighed by bank and energy stocks as investors tread cautiously ahead of key U.S.
September 10, 2024
Ally Financial's credit challenges have intensified over the current quarter as borrowers struggled with high inflation, the consumer lender's finance chief said on
September 10, 2024
Why Trump’s tariff plans could lead to higher interest rates
December 01, 2024
The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the final weeks of the presidential race
September 10, 2024
The UK's benchmark FTSE 100 stock index ended lower on Wednesday, led by a decline in Rentokil shares after the pest control company warned on North
September 11, 2024
A look at the day ahead in U.S. and global markets by Dhara Ranasinghe.
September 11, 2024U.S. consumer prices rose slightly in August, but underlying inflation showed some stickiness amid higher costs for housing and other services, further dashing
September 11, 2024
U.S. consumer prices rose marginally in August, but underlying inflation showed some stickiness, which could discourage the Federal Reserve from delivering a half-point interest rate cut
September 11, 2024
U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction, as they seek to reduce the odds of a recession
September 11, 2024
U.S. holiday sales are expected to grow at their slowest pace in six years, data from Deloitte showed on Thursday as persistent inflation and dried up savings turn shoppers more frugal for
September 12, 2024
U.S. stocks rose closer to their all-time highs following a couple reports on the economy that came in close to expectations
September 12, 2024
European shares jumped on Thursday after the European Central Bank (ECB) cut interest rates again as inflation hovers within striking distance of its 2%
September 12, 2024
With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower borrowing costs for companies and home buyers
September 11, 2024
McDonald’s $5 value meal is sticking around until December
September 12, 2024
The European Central Bank lowered its 2024 economic growth projection on Thursday but still sees inflation broadly in line with its 2% target by the end of 2025.
September 12, 2024
U.S. producer prices increased slightly more than expected in August amid higher costs for services, but the trend remained consistent with subsiding inflation.
September 12, 2024Japan's consumer inflation rate likely picked up for the fourth straight month in August, a Reuters poll of 20 economists showed, tracking comfortably above the
September 13, 2024
The European Central Bank's two biggest shareholders expressed confidence on Friday about the prospect for lower inflation and interest rates in the euro zone.
September 13, 2024
U.S. consumer sentiment rose to a four-month high in September amid expectations that inflation will continue moderating over the next year and household
September 13, 2024
Americans’ outlook on the economy improved for the second straight month in September, bolstered by lower prices for long-lasting goods such as cars and furniture
September 13, 2024
U.S. consumer sentiment improved in September amid subsiding inflation, though Americans remained cautious ahead of the November presidential election, a survey showed on Friday
September 13, 2024Bank of Canada Governor Tiff Macklem has opened the door to stepping up the pace of interest rate cuts, the Financial Times reported on Sunday.
September 15, 2024
Israel's inflation rate surged in August to its highest rate in nearly a year, data from the Central Bureau of Statistics showed on Sunday, reducing the likelihood of more
September 15, 2024
Libertarian President Javier Milei of Argentina has presented the 2025 budget to Congress, outlining policy priorities that reflected his key pledge to kill the country’s chronic fiscal deficit and signaled a new phase of confrontation with lawmakers
September 16, 2024
Target said on Monday it would employ about 100,000 seasonal workers this holiday season, in line with the last three years, even as inflation-weary shoppers are expected to stay frugal
September 16, 2024
The Fed is finally about to cut interest rates. What took so long?
September 16, 2024
Argentina's economy likely shrank 1.4% in the second quarter versus a year earlier, a Reuters poll showed on Monday, the fifth such decline as a recession
September 16, 2024
U.S. stock indexes remained stuck in place as Wall Street made few big moves ahead of what’s expected to be the first cut to interest rates in more than four years
September 17, 2024
India's wholesale price index based inflation eased to a four month low of 1.31% in August, helped by falling costs of crude oil, steel and
September 17, 2024
South Africa's consumer confidence recovered further in the third quarter to its best since 2019, helped by improved willingness to spend and hopes of an interest rate cut in September,
September 17, 2024
So we’re expecting a rate cut. When will we start to see a difference in the economy?
September 17, 2024
Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates
September 18, 2024
British inflation held steady in August but sped up in the services sector which is closely watched by the Bank of England, data showed on Wednesday, adding to bets
September 18, 2024
U.S. stocks closed with modest losses on Wednesday, well off their intraday highs, after the Federal Reserve cut interest rates by 50 basis points, the high
September 18, 2024
Euro zone inflation is still not as low as the European Central Bank would like, so interest rates need to remain sufficiently high to resolve price pressures, Bundesbank
September 18, 2024
The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses
September 18, 2024
The Federal Reserve announced a jumbo-sized rate cut, its first rate reduction cut since Covid. Federal Reserve chair Jerome Powell held a press conference to share more about the supersized rate cut.
September 23, 2024
Sri Lankan housewife Lankika Dilrukshi says she is tired of the daily struggle needed to provide for her children.
September 19, 2024
Five months after its launch, Zimbabwe's new currency is under pressure as increased grain imports eat away at foreign reserves, putting at risk the government's
September 19, 2024
The number of Americans applying for unemployment benefits fell to their lowest level in four months last week
September 19, 2024
The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in inflation, a former Kansas City Federal Reserve
September 19, 2024
The Bank of Japan kept interest rates steady on Friday and revised up its assessment on consumption, signalling its confidence a solid economic recovery would allow
September 19, 2024
British employers plan to scale back pay increases next year, according to a survey that is likely to encourage the Bank of England as it seeks further signs that inflation
September 19, 2024
Australia's central bank will keep its key policy interest rate unchanged on Tuesday and for the rest of the year amid elevated price pressures,
September 19, 2024
Japanese big manufacturers' business sentiment likely stayed steady in the three months to September, while non-manufacturers' confidence weakened slightly, a Reuters poll showed on
September 20, 2024
Profound shifts in the world economy could make inflation volatile for years to come, complicating efforts to control prices, but sticking with inflation-targeting regimes is
September 20, 2024
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point interest rate cut this week, favoring a quarter-
September 20, 2024
Peru's central bank expects that the Andean nation's economy will grow 3.1% this year and a further 3.0% in 2025, it said in a report on Friday, maintaining
September 20, 2024
Fed’s triumph over inflation shows the need for some institutions to be free from politics
September 22, 2024Global stock indexes rose on Monday as Federal Reserve policymakers said last week's large interest rate cut was warranted, while the euro fell against the
September 22, 2024
Austria holds a general election on Sunday with the next government facing an economy poised to contract for a second year running, and inflation that has outstripped the EU average
September 23, 2024
We finally got a rate cut. Here’s what history says will happen next
September 23, 2024A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. markets now mapping the extent of the Federal Reserve's easing cycle ahead, the prospect of inflation undershooting the
September 23, 2024
With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it’s all but conquered inflation after three long years
September 22, 2024
Goodbye Louis Vuitton. China’s Gen Z leans into ‘dupe economy’ as growth prospects stall
September 24, 2024Germany's leading economic institutes have downgraded their forecast for 2024 and now see Europe's largest economy shrinking by 0.1%, people
September 24, 2024
American consumers are feeling less confident this month and concerns about jobs rose significantly
September 24, 2024
A leading indicator of Japan's service-sector inflation held steady at 2.7% in August, data showed on Wednesday, underscoring the central bank's view that rising wages
September 24, 2024
Australian consumer price inflation slowed to a three-year low in August due to government rebates on electricity and a drop in petrol, while core inflation hit its lowest since
September 25, 2024
Australian consumer price inflation slowed to a three-year low in August thanks to government rebates on electricity, while core inflation hit its lowest since early
September 25, 2024
U.S. stocks edged back from their records as financial markets around the world took a pause following big recent moves
September 25, 2024
Turkish households' expectations for annual inflation 12 months ahead stood at 71.6% in September, the central bank said on Wednesday, down 1.5 points from a month earlier.
September 25, 2024
The Federal Reserve's aggressive start of the easing cycle has rekindled inflation worries in the U.S. bond market, as some investors fear looser financial
September 25, 2024
Hungary is aiming to lift economic growth into the 3% to 6% range next year, Prime Minister Viktor Orban said on Wednesday, as his cabinet
September 25, 2024
We may have finally pulled ourselves out of our economic funk
September 26, 2024Eating in is in and eating out is out
September 24, 2024
U.S.
September 26, 2024
The Reserve Bank of India (RBI) is expected to cut interest rates by a modest 50 bps over the next six months, according to a majority of economists in a Reuters
September 27, 2024
The dollar fell on Friday after a reading of U.S. inflation signaled price pressures continue to ebb, while the yen strengthened against the greenback after
September 27, 2024
Inflation has eased more than expected in two of the euro zone's biggest economies and the German jobs market has continued to cool this month, adding to an
September 27, 2024
Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower interest rates by half of a percentage
September 27, 2024
U.S. consumer spending increased slightly less than expected in August, but that did little to change expectations that solid economic growth persisted in the
September 27, 2024
The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce Department reported on Friday.
September 27, 2024
The blue-chip Dow Jones Industrial Average closed at a record high as a subdued inflation report stoked hopes for more Federal Reserve rate cuts, which also boosted small-cap
September 27, 2024
What fueled this week’s record-breaking stock rally
September 27, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks surf new records as the last full week of the quarter comes to a close, with China's furious monetary easing accelerating
September 27, 2024
French consumer prices rose less than anticipated in September, aided by a sharp decline in energy costs, and petroleum products in particular, preliminary data from
September 27, 2024
Prices in British shops fell at the fastest pace in more than three years in September, the British Retail Consortium said on Tuesday, adding to signs that the inflation squeeze on
September 30, 2024
Top U.S. automakers reported a fall in their third-quarter sales on Tuesday, hurt by fewer selling days and weaker consumer spending amid inflationary challenges and higher
October 01, 2024
The holidays are the busiest time of year for many small retailers and other businesses
October 01, 2024
Kenya's inflation fell to 3.6% year-on-year in September from 4.4% a month earlier, the statistics office said on Wednesday.
October 02, 2024
Ghana's consumer inflation rose in September after slowing for five consecutive months, driven by an increase in food prices, the statistics service said on Wednesday.
October 02, 2024
Euro area government bond yields rose on Wednesday, a day after long-dated yields posted their biggest daily fall since mid-June on concerns about economic growth.
October 02, 2024
Colombia's 12-month inflation is forecast to continue decelerating in September, despite the impact of a truckers' strike, according to a Reuters poll on
October 02, 2024
European shares declined on Thursday, as investors remained wary of risk-taking amid elevated geopolitical tensions in the Middle East, with most sectors
October 03, 2024
In today's digital and services-dominated economy, one might be forgiven for buying into the narrative that oil no longer has any real bearing on
October 03, 2024
Japanese Prime Minister Shigeru Ishiba formally instructed his ministers on Friday to compile a fresh economic package to cushion the blow to
October 04, 2024
Japan's new economy minister, Ryosei Akazawa, said on Friday that the timing of changes in the Bank of Japan's monetary policy should be aligned with the government's broader goal of
October 04, 2024
America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and suggesting that the pace of hiring is still solid enough to support a growing economy
October 03, 2024
Sudden ebbs and flows of inflation without equivalent hits to economic output may be a feature of a post-pandemic world of fragile supply chains - potentially requiring
October 04, 2024
The Philippines' inflation rate could settle around 3.2% this year, its finance minister said on Friday, giving room for the central bank to further cut rates.
October 04, 2024
It's a packed week ahead with U.S. inflation data, the start of Q3 earnings, a French budget and possibly a big rate cut from New Zealand.
October 04, 2024
Canadian economic activity rebounded in September after contracting in the prior month as the pace of price increases cooled to its slowest in six months, Ivey Purchasing Managers
October 04, 2024
Germany's economy ministry plans to downgrade its 2024 economic growth forecast, expecting Europe's largest economy to shrink by 0.2%, newspaper Sueddeutsche Zeitung reported on
October 06, 2024
What a hot job market means for inflation
October 06, 2024
The Bank of Japan said broadening wage hikes were underpinning consumption and prodding more firms in regional areas to pass on rising labour costs, signalling the
October 07, 2024
Good news: The ‘hard landing’ forecasters got it wrong
October 07, 2024Why a key borrowing rate is above 4% again
October 07, 2024
The European Central Bank should proceed with caution on further interest rate cuts given inflation had not yet been overcome, Austrian central bank Governor Robert Holzmann told
October 07, 2024
Trump has begun another trade war. Here's a timeline of how we got here
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