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Today: June 01, 2025
Today: June 01, 2025

inflation

Business|Economy|Political

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

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

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

Tariffs restrain US business activity, boost asking prices for products

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

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

Indonesia central bank holds policy rates to keep rupiah stable

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

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

ECB expects wage growth to ease considerably this year

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

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

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

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

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

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

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

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

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

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

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

Argentina's surprise peso strength tempers fears of inflation comeback

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

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

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

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

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

IMF chops UK growth forecast as Trump tariffs hit global economy

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

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

Indian economy less vulnerable to global headwinds, says cenbank

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Japan's core inflation accelerates, complicating BOJ's rate path
Asia|Business|Economy|Finance

BOJ will keep raising rates if inflation on track, Governor Ueda says

Bank of Japan Governor Kazuo Ueda said on Friday the central bank will keep raising interest rates if underlying inflation accelerates toward its 2% target, as it projects.

BOJ will keep raising rates if inflation on track, Governor Ueda says
Business|Economy|Finance|Political|US

Fed's Williams sees no looming need to change monetary policy - Fox Business

By Michael S.

Fed's Williams sees no looming need to change monetary policy - Fox Business
Africa|Business|Economy|Finance|MidEast

Egypt cuts interest rates for first time since 2020

Egypt's central bank lowered interest rates by 225 basis points on Thursday, its first cut since November 2020, a decision mostly driven by inflation plunging as uncertainty about

Egypt cuts interest rates for first time since 2020
Economy|Political|US

Fact check: Trump falsely claims grocery prices are down

Fact check: Trump falsely claims grocery prices are down

Fact check: Trump falsely claims grocery prices are down
Business|Economy|Political|Stock Markets|US

US tariffs will weaken global economy and trigger inflation but not a global recession, IMF says

Surging U.S. tariffs will weaken the global economy and push up inflation this year, according to projections to be released next week by the International Monetary Fund

US tariffs will weaken global economy and trigger inflation but not a global recession, IMF says
Business|Economy|Europe|Finance|World

Ukraine's cenbank holds key rate at 15.5%, sees slower 2025 economic growth

Ukraine's central bank kept its key interest rate unchanged at 15.5% on Thursday and said it expected consumer price inflation to start declining this summer.

Ukraine's cenbank holds key rate at 15.5%, sees slower 2025 economic growth
Business|Economy|Europe|Finance

ECB cuts rates as tariffs to hits already weak growth

The European Central Bank cut interest rates as expected on Thursday, easing for the seventh time in the past year as U.S. tariffs and faltering business confidence sap already

ECB cuts rates as tariffs to hits already weak growth
Business|Economy|Finance|Stock Markets|US

Tariff-wounded stocks find no balm with Powell remarks

Investors who may have been hoping the Federal Reserve is poised to come to the aid of tariff-rattled markets took away an unwelcome message from the central

Tariff-wounded stocks find no balm with Powell remarks
Economy|Finance|MidEast|Political|Stock Markets

Turkish central bank surprises with rate hike to 46% after market turmoil

Turkey's central bank hiked its key interest rate by 350 basis points to 46% on Thursday, in a surprise move that reversed an easing cycle and

Turkish central bank surprises with rate hike to 46% after market turmoil
Business|Economy|Finance|Political|US

Tariffs to trigger sharp US economic slowdown; chance of recession jumps to 45%: Reuters poll

An aggressive U.S. tariff policy will trigger a significant slowdown in the U.S. economy this year and next, with the median probability of recession in the

Tariffs to trigger sharp US economic slowdown; chance of recession jumps to 45%: Reuters poll
Business|Economy|Europe|Finance|Political|Stock Markets|US

ECB set to ease as Fed delivers hawkish twist

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets As the Federal Reserve takes a hawkish turn in the face of another Wall Street

ECB set to ease as Fed delivers hawkish twist
Business|Economy|Finance|Political|US

Fed's Schmid says patience needed to see how tariffs play out

The Federal Reserve faces a complicated picture for policy decisions, Kansas City Federal Reserve Bank President Jeff Schmid said on Wednesday, noting that while he is hearing nervousness

Fed's Schmid says patience needed to see how tariffs play out
Business|Economy|Finance|Political|US

Fed Chair Powell gives starkest warning yet on potential economic consequences from tariffs

Fed Chair Powell gives starkest warning yet on potential economic consequences from tariffs

Fed Chair Powell gives starkest warning yet on potential economic consequences from tariffs
Economy|Finance|Stock Markets|US

Fed's Hammack sees steady monetary policy as central bank seeks more data

By Michael S.

Fed's Hammack sees steady monetary policy as central bank seeks more data
Business|Economy|Finance|Political|Stock Markets|US

Powell says Fed remains in wait-and-see mode; markets processing policy shifts

U.S.

Powell says Fed remains in wait-and-see mode; markets processing policy shifts
Business|Economy|Finance|Political|Stock Markets|US

Powell says Federal Reserve can wait on any interest rate moves

The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday

Powell says Federal Reserve can wait on any interest rate moves
Business|Economy|Finance|Political|US

Federal Reserve Chair Jerome Powell speech text April 16, 2025

Thank you for the introduction. I am looking forward to our conversation, Professor Rajan. First, I will briefly discuss the outlook for the economy and monetary policy.

Federal Reserve Chair Jerome Powell speech text April 16, 2025
Business|Economy|Finance

Top Bank of Canada officials speak after central bank holds policy rate steady

Below are some key quotes from a news conference by Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers on Wednesday after the central bank held its key

Top Bank of Canada officials speak after central bank holds policy rate steady
Business|Economy|Finance|Political|US

FULL TEXT- Bank of Canada holds key policy rate at 2.75%

The Bank of Canada released the following statement on Wednesday: "The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3%

FULL TEXT- Bank of Canada holds key policy rate at 2.75%
Americas|Business|Economy|Finance|Political

Argentina's FX gamble reaps early wins. Now for the hard part

Argentina's libertarian President Javier Milei rolled the dice this week on a major economic swerve, tearing down currency

Argentina's FX gamble reaps early wins. Now for the hard part
Business|Economy|Political

FULL TEXT-Bank of Canada held rates as it seeks more information on tariffs, says Governor

The Bank of Canada released the following statement by Governor Tiff Macklem on Wednesday: "Good morning.

FULL TEXT-Bank of Canada held rates as it seeks more information on tariffs, says Governor
Americas|Business|Economy|Political|US

Bank of Canada says US tariffs could trigger deep recession

If U.S. tariffs trigger a global trade war, inflation in Canada would spike and the country would enter a deep recession, according to a Bank of Canada scenario released

Bank of Canada says US tariffs could trigger deep recession
Business|Economy|Finance|Political|US

In a fog of uncertainty, Fed policy storm could be approaching

U.S.

In a fog of uncertainty, Fed policy storm could be approaching
Americas|Business|Economy|World

Peru economy undershoots expectations in February

Peru's economy grew 2.68% in February, data from the nation's INEI statistics agency showed on Tuesday, falling short of estimates despite most sectors logging growth.

Peru economy undershoots expectations in February
Business|Economy|Finance|US

US import prices muted, but tariffs loom over inflation

U.S. import prices unexpectedly fell in March, pulled down by decreasing costs for energy products, the latest indication that inflation was subsiding before

US import prices muted, but tariffs loom over inflation
Africa|Business|Economy

Nigeria's annual inflation picks up to 24.23% in March

Nigeria's headline consumer inflation edged up to 24.23% year-on-year in March from 23.18% in February, its statistics agency said on Tuesday.

Nigeria's annual inflation picks up to 24.23% in March
Americas|Business|Economy|Finance

Instant View: Canada's annual inflation eases to 2.3% in March

Canada's annual inflation rate fell to 2.3% in March from 2.6% in February, helped by lower gasoline and travel tour prices.

Instant View: Canada's annual inflation eases to 2.3% in March
Business|Economy|Finance|Stock Markets|US

Grocer Albertsons forecasts annual profit below estimates on rising costs

Albertsons forecast annual profit below estimates on Tuesday as the company offers selective discounts and invests in its loyalty program to drive sales while inflation pressures consumer

Grocer Albertsons forecasts annual profit below estimates on rising costs
Americas|Business|Economy|Finance|Travel

Canada's inflation surprisingly slows to 2.3% in March

Canada's annual inflation surprisingly slowed in March to 2.3%, three notches below the prior month, largely helped by lower gasoline and travel tour prices, data

Canada's inflation surprisingly slows to 2.3% in March
Economy|Europe|Finance

French consumer inflation confirmed at +0.9% y/y in March

Consumer price inflation in France was stable in March, in line with analysts' expectations and the preliminary reading, statistics office INSEE said on Tuesday.

French consumer inflation confirmed at +0.9% y/y in March
Americas|Business|Economy|Political|World

Inflation, currency woes worsen Venezuela's complex crisis as Maduro declares 'economic emergency'

Erick Ojeda has no money

Inflation, currency woes worsen Venezuela's complex crisis as Maduro declares 'economic emergency'
Business|Economy|Finance|Political|US

Fed's Bostic: Bold moves 'in any direction' wouldn't be prudent

Atlanta Federal Reserve Bank President Raphael Bostic said on Monday the uncertainty surrounding the Trump administration's tariff and other policies has put the economy into a "big pause,

Fed's Bostic: Bold moves 'in any direction' wouldn't be prudent
Business|Economy|Finance|Political|Stock Markets

TSX moves to 11-day high as financials contribute to broad-based gains

Canada's main stock index rose on Monday to an 11-day high, with financial and real estate shares leading broad-based gains as investors grew doubtful that hefty U.S.

TSX moves to 11-day high as financials contribute to broad-based gains
Americas|Business|Economy|Political

Brazil economy set to decelerate in second half of 2025 on high interest rates, trade worries: Reuters Poll

Brazil's economic growth is expected to slow down in the second half of 2025, encumbered by high interest rates and worries about the U.S.-led global trade shake-up, a

Brazil economy set to decelerate in second half of 2025 on high interest rates, trade worries: Reuters Poll
Arts|Business|Entertainment|Europe|Lifestyle

Gloom in Barbieland as Trump tariffs drive up costs

Surrounded by hundreds of Barbies at her home in the northern Spanish port of Gijon, TikTok influencer and collector Noemi de Lama has shared the news with her followers that

Gloom in Barbieland as Trump tariffs drive up costs
Americas|Business|Economy|Finance|Political|Stock Markets

Bank of Canada is more likely to halt interest rate cuts after tariff pause

The Bank of Canada is likely to pause its rate-cutting cycle this week as rising inflation, weakened employment and U.S.

Bank of Canada is more likely to halt interest rate cuts after tariff pause
Asia|Business|Economy|Entertainment|Europe|Technology

Sony hikes PlayStation 5 price by 11% in Europe

Sony said it will hike the price of its PlayStation 5 (PS5) console in markets in Europe, Britain, Australia and New Zealand, citing high inflation and fluctuating exchange rates.

Sony hikes PlayStation 5 price by 11% in Europe
Asia|Business|Economy

Lower Thai inflation reflects energy and policy measures, ministry says

Thailand's lower-than-expected March inflation rate was mainly due to lower energy prices and government policies to alleviate cost of living pressures, the commerce ministry said

Lower Thai inflation reflects energy and policy measures, ministry says
Business|Economy|Europe|Political|US

Bank of England's Greene says dollar drop adds to tariff inflation puzzle

Bank of England interest rate-setter Megan Greene said on Saturday it was unclear what U.S.

Bank of England's Greene says dollar drop adds to tariff inflation puzzle
Americas|Economy|Political

Argentina and the IMF: a troubled history

In December 1958, Argentina, battling inflation and weak reserves, agreed a $75-million loan with the International Monetary Fund, its first deal with the Washington-

Argentina and the IMF: a troubled history
Asia|Business|Economy|Finance

Price premium for gold in China jumps due to tit-for-tat tariffs

The price premium for gold in top consumer China above global benchmark spot prices widened this week due to consumers and investors seeking refuge

Price premium for gold in China jumps due to tit-for-tat tariffs
Business|Economy|Finance|Political|World

Russia raises 2024 GDP growth figure to 4.3%

Russian state statistical agency Rosstat raised its estimate of gross domestic product growth for 2024 on Friday to 4.3% from 4.1% earlier.

Russia raises 2024 GDP growth figure to 4.3%
Americas|Economy|Finance|Political|World

In key milestones for President Milei, Argentina secures IMF deal and ends most capital controls

President Javier Milei says that he will lift most of the country’s strict capital and currency controls next week, a high-stakes gamble made possible by a new loan from the International Monetary Fund

In key milestones for President Milei, Argentina secures IMF deal and ends most capital controls
Business|Economy|Finance|Political|US

Fed's Williams says tariffs will push up inflation, unemployment

By Michael S.

Fed's Williams says tariffs will push up inflation, unemployment
Business|Economy|Finance|US

Fed should 'lean against' persistent tariff-driven inflation, Musalem says

St.

Fed should 'lean against' persistent tariff-driven inflation, Musalem says
Business|Economy|Finance|Political|US

US consumer sentiment plummets to second-lowest level on records going back to 1952

US consumer sentiment plummets to second-lowest level on records going back to 1952

US consumer sentiment plummets to second-lowest level on records going back to 1952
Business|Economy|Finance|Food|Political

Brazil 12-month inflation drifts away from target, pressuring central bank

Brazil's monthly inflation slowed in March as expected but the 12-month reading remained under pressure due to rising food prices, official data showed on Friday, adding to a tough

Brazil 12-month inflation drifts away from target, pressuring central bank
Economy|Finance|Political|Stock Markets|US

US bond funds hit by heavy outflows as recession, inflation fears mount

Investors pulled out of U.S. bond funds heavily in the week ending April 9 in a broad selloff triggered by fears of a recession and concerns that the escalating U.S.-China trade war could

US bond funds hit by heavy outflows as recession, inflation fears mount
Economy|Europe|Finance

Spain's 12-month EU-harmonised inflation falls to 2.2% in March

Spain's European Union-harmonised 12-month inflation rate fell to 2.2% in March from the period through February, final data released by the National Statistics Institute, or INE, showed

Spain's 12-month EU-harmonised inflation falls to 2.2% in March
Asia|Business|Economy|Finance

Japan inflation probably accelerated in March on rice price rise - Reuters poll

Japan's core inflation probably accelerated in March from the previous month as rice prices rose, a Reuters poll showed, a sign of persistent cost pressure that is likely to

Japan inflation probably accelerated in March on rice price rise - Reuters poll
Asia|Business|Economy

Philippines central bank chief signals cautious path on rate cuts

The Philippine central bank is taking a cautious approach to policy easing this year to avoid overheating the economy and reigniting inflation, which has been on a downward trend,

Philippines central bank chief signals cautious path on rate cuts
Business|Economy|Finance|Political|US

Fed's Collins sees steady Fed as tariffs push up inflation risks

By Michael S.

Fed's Collins sees steady Fed as tariffs push up inflation risks
Americas|Economy|Finance|Food

Brazil consumer prices forecast to have slowed in March versus February: Reuters Poll

The rising trend of Brazil's consumer prices likely slowed in March from February due to a moderation in energy costs, but food inflation probably remained high, a Reuters

Brazil consumer prices forecast to have slowed in March versus February: Reuters Poll
Business|Economy|Finance|Political|US

Fed must keep tariffs from fostering persistent inflation: Logan

Higher-than-expected tariffs would "very likely" raise both unemployment and inflation, Dallas Federal Reserve President Lorie Logan said on Thursday in remarks that made clear her most

Fed must keep tariffs from fostering persistent inflation: Logan
Economy|Finance|Political|US

Kansas City Fed's Schmid to stay focused on inflation in light of tariff risks

Kansas City Federal Reserve President Jeff Schmid said on Thursday he will remain "squarely focused" on inflation and the risk new U.S. import taxes could

Kansas City Fed's Schmid to stay focused on inflation in light of tariff risks
Americas|Business|Economy|Political

Argentina expects IMF board approval for $20 billion deal on Friday

Argentina's government expects the International Monetary Fund board will approve a $20 billion loan deal at the end of the week, a government spokesman said on Wednesday, in

Argentina expects IMF board approval for $20 billion deal on Friday
Business|Economy|Finance|Political|US

Fed officials signal no plans to ride to the rescue with rate cuts

Federal Reserve policymakers worry U.S.

Fed officials signal no plans to ride to the rescue with rate cuts
Economy|Finance|Political|US

Fed minutes show broad sense US risks tilted towards higher inflation, slower growth

U.S.

Fed minutes show broad sense US risks tilted towards higher inflation, slower growth
Americas|Economy|Finance|World

Argentina's inflation likely sped up again in March - Reuters poll

Argentina's monthly inflation rate likely sped up to 2.6% in March, marking the second consecutive month on the rise, a median of analysts polled by Reuters

Argentina's inflation likely sped up again in March - Reuters poll
Americas|Business|Economy|Finance

Mexico annual inflation accelerates in March

Mexico's annual inflation sped up in March but remained within the central bank's target range, data released on Wednesday showed, giving credit to expectations that the

Mexico annual inflation accelerates in March
Economy|Europe|Political

Thousands protest in Athens as strike over wages halts ships, planes and trains

Thousands of Greeks gathered in Athens on Wednesday to demand higher wages to cope with rising living costs and a one-day strike left

Thousands protest in Athens as strike over wages halts ships, planes and trains
Business|Economy|Political|US

The next round of Trump’s tariffs could hurt even more. Here’s what to expect

The next round of Trump’s tariffs could hurt even more. Here’s what to expect

The next round of Trump’s tariffs could hurt even more. Here’s what to expect
Business|Economy|Europe|Finance|Political

ECB braces for bigger-than-anticipated growth hit from tariffs - sources

Euro zone economic growth could fall much more from the impact of U.S. trade tariffs than initially estimated by the European Central Bank

ECB braces for bigger-than-anticipated growth hit from tariffs - sources
Economy|Europe|Finance

ECB's Rehn sees stronger case for ECB rate cut in April amid trade war

Downside risks have materialised since March that support the case for cutting interest rates at the European Central Bank's April meeting, ECB policymaker Olli Rehn said on

ECB's Rehn sees stronger case for ECB rate cut in April amid trade war
Asia|Business|Economy|Finance|Stock Markets|US

Market meltdown as U.S. tariffs kick in, bonds at the epicentre

Global markets were took a beating again on Wednesday as U.S.

Market meltdown as U.S. tariffs kick in, bonds at the epicentre
Australia|Business|Economy|Finance|Stock Markets

RBNZ cuts rates as tariffs loom, economists expect more stimulus

New Zealand's central bank cut its benchmark rate on Wednesday, as widely expected, signalling a greater readiness to lower borrowing costs further as the

RBNZ cuts rates as tariffs loom, economists expect more stimulus
Business|Economy|Political|US

Fed's Goolsbee: 'way bigger' than expected tariffs pose inflation risks

Chicago Federal Reserve Bank President Austan Goolsbee said on Tuesday that U.S.

Fed's Goolsbee: 'way bigger' than expected tariffs pose inflation risks
Business|Economy|Europe|World

Russian economy slows sharply, with more turmoil on horizon

The Russian economy has slowed sharply in recent months, according to the latest economic data, and may be at further risk if a fall in oil prices and global

Russian economy slows sharply, with more turmoil on horizon
Business|Economy|Political|US

Some US consumers stockpile goods ahead of Trump's new tariffs

Pushing a shopping cart down the aisle of a Walmart Supercenter, Thomas Jennings, 53, loaded up on juices, condiments and whatever he could think

Some US consumers stockpile goods ahead of Trump's new tariffs
Business|Economy|Europe|Finance|Political

ECB's Stournaras says higher inflation due to tariffs could delay monetary policy normalisation

ATHENS -European Central Bank policymaker Yannis Stournaras said on Tuesday that likely higher inflation and a global trade war following U.S.

ECB's Stournaras says higher inflation due to tariffs could delay monetary policy normalisation
Business|Economy|Europe

Sweden is well placed to tackle turmoil, Riksbank governor says

The Swedish financial market is functioning well despite the recent global economic turbulence and the country is well placed to tackle turmoil, but the Riksbank is ready to act

Sweden is well placed to tackle turmoil, Riksbank governor says
Asia|Business|Economy

Indonesia inflation rate stays below central bank target zone in March

Indonesia's annual inflation rate was 1.03% in March, the statistics bureau said on Tuesday, missing market expectations and also staying below the central bank's target range for

Indonesia inflation rate stays below central bank target zone in March
Business|Economy|Finance|Political|Stock Markets|US

Dimon warns of economic impact of trade war, sees possible recession

JPMorgan Chase CEO Jamie Dimon on Monday warned that trade wars could have lasting negative consequences, days after he and other U.S. bank CEOs

Dimon warns of economic impact of trade war, sees possible recession
Business|Economy|Finance|Stock Markets|US

BlackRock's Fink says stocks could extend fall by 20% amid US recession worries

BlackRock CEO Larry Fink said stock markets could fall 20% farther as steep U.S. tariffs lead some investors to believe the U.S. economy may already be

BlackRock's Fink says stocks could extend fall by 20% amid US recession worries
Business|Economy|Finance|Political|Stock Markets|US

Will the tariffs lead to a recession? Here's how to know if we're in one

President Donald Trump’s sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists’ worries that the U.S. could tip into recession

Will the tariffs lead to a recession? Here's how to know if we're in one
Business|Economy|Political|US

Fed's priority should be to keep inflation in check: Kugler

Federal Reserve Governor Adriana Kugler on Monday said that some of the recent rise in goods and market-services inflation may be "anticipatory" of the effect of the Trump administration's

Fed's priority should be to keep inflation in check: Kugler
Americas|Business|Economy|Political|US

More Canadian firms see chance of recession in next year - central bank survey

Canadian firms and consumers see a sharply higher chance of recession over the coming year as U.S.

More Canadian firms see chance of recession in next year - central bank survey
Business|Economy|Europe|Finance

Tariff turmoil boosts Swiss franc, pressuring SNB to move closer to negative rates

Market turmoil unleashed by U.S. trade tariffs has boosted the Swiss franc, piling pressure on the country's export-oriented economy and potentially pushing the Swiss

Tariff turmoil boosts Swiss franc, pressuring SNB to move closer to negative rates
Americas|Economy|Political|World

'Everything is so expensive': Bolivians tighten belts as new inflation reality bites

In Bolivia's highland city La Paz, homemaker Angelica Zapata is coming to terms with a new inflation reality as prices rise at the fastest speed in almost two

'Everything is so expensive': Bolivians tighten belts as new inflation reality bites
Americas|Business|Economy|Finance|Political

Argentina's zombie mortgage market is coming back to life

Argentina's mortgage market, for years almost non-existent due to spiraling triple-digit inflation and high borrowing costs, is starting to show signs of

Argentina's zombie mortgage market is coming back to life
Asia|Business|Economy

Singapore seen easing monetary policy as tariffs threaten growth

Singapore is expected to further ease monetary policy at next week's review, following a move in January, as U.S. tariffs against its trading partners cast a

Singapore seen easing monetary policy as tariffs threaten growth
Australia|Business|Economy|Political|World

Trump tariffs to slow Australia's economy but recession not expected, Treasurer says

Australia will be able to manage the direct impact of U.S.

Trump tariffs to slow Australia's economy but recession not expected, Treasurer says
Asia|Business|Economy|Finance|Political

US tariffs to hit India's GDP growth, prompt more rate cuts

India's economic growth could slow by 20-40 basis points in the ongoing financial year due to the latest U.S. tariffs, which would prompt deeper interest rate cuts by

US tariffs to hit India's GDP growth, prompt more rate cuts
Asia|Business|Economy|Political

Japan's Feb real wages down for 2nd straight month as inflation bites

Japanese real wages dropped for a second straight month in February due to higher inflation, labour ministry data showed on Monday, amid broader worries in Japan about the impact of

Japan's Feb real wages down for 2nd straight month as inflation bites
Business|Economy|Food|Political|US

Trump's tariffs hit a sour note in landmark NYC emporium of sweets

The biggest-ticket implications of President Donald Trump's tariff blitz understandably gain the most attention

Trump's tariffs hit a sour note in landmark NYC emporium of sweets
Business|Economy|Finance|Political|US

Trump goes all in with bet that the heavy price of tariffs will pay off for Americans

President Donald Trump's new tariffs mark an all-in bet that his economic vision will pay off for Americans

Trump goes all in with bet that the heavy price of tariffs will pay off for Americans
Business|Economy|Finance|Political|US

Powell: Tariffs 'highly likely' to increase inflation

Federal Reserve Chair Jerome Powell said that President Donald Trump's global tariffs are likely to cause a short-term increase in inflation. Powell said that the scope of Trump's tariffs are "significantly larger than expected," but emphasized that the central bank will work to prevent any price spikes caused by the tariffs from becoming an "ongoing inflation problem."

Powell: Tariffs 'highly likely' to increase inflation
Business|Economy|Finance|Political|US

Buying foreign? That’ll now cost Americans a lot more

Buying foreign? That’ll now cost Americans a lot more

Buying foreign? That’ll now cost Americans a lot more
Business|Economy|Finance|Political|Stock Markets|US

Fed's Powell says larger-than-expected tariffs likely to boost inflation, slow growth

President Donald Trump's new tariffs are "larger than expected," and the economic fallout including higher inflation and slower growth likely will be as well,

Fed's Powell says larger-than-expected tariffs likely to boost inflation, slow growth
Business|Economy|Political|US

How Trump's latest tariffs could affect your wallet

Steeper tariffs mean you’ll likely see higher prices from the grocery aisle to your next car repair

How Trump's latest tariffs could affect your wallet
Business|Economy|Finance|Political|Stock Markets|US

Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth

US Fed Chair Jerome Powell says the Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth

Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth
Business|Economy|Finance|Political|US

Fed's Powell says larger-than-expected tariffs likely to boost inflation, slow growth

President Donald Trump's new tariffs are "larger than expected," and the economic fallout including higher inflation and slower growth likely will be as well,

Fed's Powell says larger-than-expected tariffs likely to boost inflation, slow growth
Business|Economy|Finance|Political|Stock Markets|US

Jerome Powell warns on Trump’s tariffs: High inflation could be here to stay

Jerome Powell warns on Trump’s tariffs: High inflation could be here to stay

Jerome Powell warns on Trump’s tariffs: High inflation could be here to stay
Business|Economy|Finance|Technology|US

Indian IT firms brace for impact as tariffs fan US recession fears

India's $283-billion IT sector should brace for a rough year ahead as tariffs are likely to stoke inflation in its key U.S. market and force clients to cut

Indian IT firms brace for impact as tariffs fan US recession fears
Business|Economy|Europe|Finance|Political|US

US tariffs to force quicker Fed, ECB rate cuts to support growth, says Nomura

The U.S. reciprocal tariffs will stymie economic growth and lift inflation, forcing the Federal Reserve to start lowering interest rates from the end of this year, while the European

US tariffs to force quicker Fed, ECB rate cuts to support growth, says Nomura
Asia|Business|Economy|Political|US

Trump tariffs may delay, but won't derail, Japan rate hikes

New U.S. tariffs announced by President Donald Trump may delay, but likely won't derail, the Bank of Japan's plan to raise interest rates further as policymakers seek

Trump tariffs may delay, but won't derail, Japan rate hikes
Business|Economy|Europe|Finance

Swedish March flash inflation falls back, easing pressure on Riksbank

Swedish headline consumer prices fell 0.5% in March from the previous month and rose 2.3% from the same month a year earlier, flash figures from the statistics

Swedish March flash inflation falls back, easing pressure on Riksbank
Asia|Business|Economy

India March services growth moderated, inflation eased sharply, PMI shows

The rapid expansion in India's dominant services sector cooled slightly in March amid softer demand, despite firms raising prices at the lowest rate in three-and

India March services growth moderated, inflation eased sharply, PMI shows
Americas|Business|Economy|Finance|Political|Stock Markets|US

Trump tariffs sow fears of trade wars, recession and a $2,300 iPhone

Countries around the world threatened to wage a trade war with the United States as President Donald Trump's

Trump tariffs sow fears of trade wars, recession and a $2,300 iPhone
Africa|Economy|Environment|Food|MidEast

In Tunisia, snails inch toward replacing red meat as people turn to cheaper protein

Tunisians are embracing snails as a protein-packed alternative as the cost of red meat remains high

In Tunisia, snails inch toward replacing red meat as people turn to cheaper protein