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

inflation

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
Asia|Business|Economy|Finance|Political

BOJ's Ueda warns of hit to Japan economy from Trump tariffs

Bank of Japan Governor Kazuo Ueda said on Friday the central bank will scrutinise the impact of U.S. tariffs on the country's economy when setting monetary policy,

BOJ's Ueda warns of hit to Japan economy from Trump tariffs
Australia|Business|Economy|Finance

RBNZ set to cut cash rate on April 9, flags further easing: Reuters poll

The Reserve Bank of New Zealand will cut interest rates by 25 basis points on April 9, according to economists polled by Reuters, who have held to

RBNZ set to cut cash rate on April 9, flags further easing: Reuters poll
Business|Economy|Finance|Political|US

Fed's Cook says time for patience on policy amid inflation risks

By Michael S.

Fed's Cook says time for patience on policy amid inflation risks
Business|Economy|Political|US

For Trump, tariff gamble brings political risk

He called it "Liberation Day," but President Donald Trump's Wednesday unveiling of reciprocal tariffs could cause political headwinds for his

For Trump, tariff gamble brings political risk
Business|Economy|Political|US

Trump's tariffs roil company plans, threatening exports and investment

Businesses around the globe on Thursday faced up to a future of higher prices, trade turmoil and reduced

Trump's tariffs roil company plans, threatening exports and investment
Business|Economy|Finance|Political|US

Fed's Jefferson says no hurry to adjust rates, need time to assess impact of tariffs

Federal Reserve Vice Chair Philip Jefferson on Thursday said that with the economy in solid shape, tariffs already pushing upward on goods inflation, and higher-than-usual uncertainty over

Fed's Jefferson says no hurry to adjust rates, need time to assess impact of tariffs
Business|Economy|Finance|Political|US

With tariff details in hand, Fed now has to weigh inflation risks against blow to growth

U.S.

With tariff details in hand, Fed now has to weigh inflation risks against blow to growth
Business|Economy|Finance|Stock Markets|US

Investors hunt for tariff-proof trades as new trade reality hits

Investors are looking at ways to ward off economic pain now tariffs are here, seeking assets that can ride out a recession and higher inflation

Investors hunt for tariff-proof trades as new trade reality hits
Business|Economy|Political|US

These are the places affected by Trump's tariffs

President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars

These are the places affected by Trump's tariffs
Business|Economy|Europe|Finance|Political

Tariff fears were centre stage at ECB's March meeting, accounts show

ECB policymakers were already counting the potential cost of U.S. tariffs long before their introduction, arguing they would weigh on growth but have a more uncertain impact on

Tariff fears were centre stage at ECB's March meeting, accounts show
Business|Economy|Finance|Political|Stock Markets|US

Morgan Stanley expects no rate cuts from the Fed this year

Morgan Stanley said on Thursday it expects the U.S Federal Reserve will not cut rates this year due to potential elevated inflation levels on the back of Trump's latest tariffs.

Morgan Stanley expects no rate cuts from the Fed this year
Business|Economy|Finance|Political|Stock Markets|US|World

Trump's policies to spur further central bank gold buying

Central banks are expected to help keep gold's stunning rally going this year with buying aimed at further diversifying reserves away from the dollar due to risks

Trump's policies to spur further central bank gold buying
Business|Economy|Finance|Political|Stock Markets|US

Trump tariffs set stage for wave of profit warnings

U.S. businesses have talked a lot about tariffs in the past few months, but very few modeled for them in their earnings outlooks.

Trump tariffs set stage for wave of profit warnings
Economy|Europe|Finance|Political|Stock Markets

European stock futures fall over 2% after Trump's tariff announcement

European stock futures plunged on Thursday after U.S.

European stock futures fall over 2% after Trump's tariff announcement
Business|Economy|Europe|Finance|Stock Markets

European stocks drop ahead of Trump's tariff announcement

European shares fell on Wednesday, weighed by losses in healthcare stocks, as investors awaited tariff plans from U.S.

European stocks drop ahead of Trump's tariff announcement
Asia|Business|Economy

IMF sees Japan sustainably hitting central bank's inflation target

Japan is showing signs of sustainably achieving the central bank's 2% inflation target with robust consumption and capital expenditure likely to underpin the economy,

IMF sees Japan sustainably hitting central bank's inflation target
Business|Economy|Political|US

Fact check: Trump’s false claims about tariffs and trade

Fact check: Trump’s false claims about tariffs and trade

Fact check: Trump’s false claims about tariffs and trade
Business|Economy|Finance|Political|Stock Markets|US

Traders boost bets on June start to Fed rate cuts as Trump puts on new tariffs

Traders boosted bets the Federal Reserve will start cutting interest rates in June and deliver a total of three quarter-point reductions to the policy rate by October, as U.S.

Traders boost bets on June start to Fed rate cuts as Trump puts on new tariffs
Business|Economy|Finance|Political|US

Fed's Kugler says tariffs could touch off more prolonged inflation

Rising tariffs in the U.S. could feed into more prolonged inflation than might be expected, Fed Governor Adriana Kugler said on Wednesday, pushing back on

Fed's Kugler says tariffs could touch off more prolonged inflation
Africa|Business|Economy|Finance

Ghana central bank's MPC split over rate decision, minutes show

Two of the five members of the Ghana central bank's Monetary Policy Committee (MPC) voted for its prime interest rate to be kept at 27% during the last meeting, at which the bank

Ghana central bank's MPC split over rate decision, minutes show
Business|Economy|Finance|Political|Stock Markets|US

Gold prices extend rise after Trump unveils tariff plans

Gold prices extended gains on Wednesday to hover near all-time highs, boosted by safe-haven inflows after U.S.

Gold prices extend rise after Trump unveils tariff plans
Business|Economy|Finance|Political|Stock Markets|US

Trading Day: Nervous calm ahead of 'Liberation Day'

TRADING DAY Only 24 hours until Trump unveils new tariffs The first trading day of the quarter on Tuesday was a nervy affair ahead of U.S.

Trading Day: Nervous calm ahead of 'Liberation Day'
Business|Economy|Political|US

Are you making changes because of tariffs? Tell us about it

Are you making changes because of tariffs? Tell us about it

Are you making changes because of tariffs? Tell us about it
Business|Economy|Europe|Finance|Political

Trump tariffs won't derail fall in European inflation, ECB's Villeroy says

The U.S. administration's tariff hikes should not derail an ongoing decline in inflation in Europe, ECB policymaker Francois Villeroy de Galhau said on Wednesday, adding that the

Trump tariffs won't derail fall in European inflation, ECB's Villeroy says
Americas|Business|Economy

Brazil's industrial output unexpectedly falls in February

Brazil's industrial production unexpectedly fell in February from the previous month, official data showed on Wednesday, marking the fifth consecutive month without a positive

Brazil's industrial output unexpectedly falls in February
Business|Economy|Finance|Political|World

Russian central bank warns US tariff hikes may slow global growth

U.S. tariff hikes may slow down world economic growth and fuel inflation, and oil prices could be lower than forecast for several years as a result of reduced global demand, the

Russian central bank warns US tariff hikes may slow global growth
Africa|Business|Economy

Ghana consumer inflation eases to 22.4% in March

Ghana's annual consumer inflation slowed for a third straight month to 22.4% in March from 23.1% the previous month, as food price pressures eased, the statistics agency said on

Ghana consumer inflation eases to 22.4% in March
Americas|Economy|Election|Political

Brazilian President Lula's disapproval rating hits all-time high, poll finds

A majority of Brazilians now disapprove of President Luiz Inacio Lula da Silva's performance leading Latin America's largest economy, a fresh poll showed on Wednesday, as high

Brazilian President Lula's disapproval rating hits all-time high, poll finds
Business|Economy|Finance|Political|US

Amid fast pace of change, Fed face time with businesses has become key to policy

At the end of last year, when Americans were still looking ahead to Donald Trump's second turn as president, most seemed right with the U.S.

Amid fast pace of change, Fed face time with businesses has become key to policy
Business|Economy|Europe

Tyre maker Bridgestone to cut 546 jobs in Spain on uncertainty, competition

Japanese tyremaker Bridgestone said it plans to cut jobs at two factories in northern Spain in reaction to an adverse evolution of the European market and the rise of non-European

Tyre maker Bridgestone to cut 546 jobs in Spain on uncertainty, competition
Americas|Business|Economy|Political

Mexico lowers 2025 growth forecast to still rosy 1.5%-2.3%

Mexico's government sees its economy growing between 1.5% and 2.3% this year, down from a prior estimate of 2.0% to 3.0%, a draft budget from the country's finance ministry

Mexico lowers 2025 growth forecast to still rosy 1.5%-2.3%
Asia|Business|Economy

South Korea March inflation +2.1% y/y, slightly above forecast

South Korea's consumer prices rose 2.1% in March from a year earlier, after a rise of 2.0% in February, government data showed on Wednesday.

South Korea March inflation +2.1% y/y, slightly above forecast
Business|Economy|Finance|Political|US

Fed's Goolsbee: Hard data shows economy is solid, but there is fear around tariffs

Chicago Federal Reserve Bank President Austan Goolsbee on Tuesday said while the "hard" data show the underlying U.S. economy is solid, the labor market strong, and inflation

Fed's Goolsbee: Hard data shows economy is solid, but there is fear around tariffs
Americas|Business|Economy|Education

Peru consumer prices up in March for second month in a row

Peru's consumer prices rose in March for the second month in a row, but registered an annual slowdown, data published on Tuesday by national statistics agency INEI showed.

Peru consumer prices up in March for second month in a row
Business|Economy|Finance|Political|US

Weaker jobs signal, stronger prices highlight potential Fed dilemma

Lackluster new U.S. jobs data and a weak report on manufacturing highlight an emerging concern among Federal Reserve officials that employment could slip even

Weaker jobs signal, stronger prices highlight potential Fed dilemma
Business|Economy|Finance|Political|US

Tariff woes depress US manufacturing, erode labor demand

U.S. manufacturing contracted in March after growing for two straight months, while a measure of inflation at the factory gate jumped to the highest level in

Tariff woes depress US manufacturing, erode labor demand
Business|Economy|Political|US

The American consumer is on the ropes. Tariffs — and anxiety — could deliver the knockout blow

The American consumer is on the ropes. Tariffs — and anxiety — could deliver the knockout blow

The American consumer is on the ropes. Tariffs — and anxiety — could deliver the knockout blow
Australia|Business|Economy|Finance

Australia's central bank holds rates as it frets over trade war risk

Australia's central bank on Tuesday left its cash rate steady as widely expected but took a small step towards further easing in a policy meeting

Australia's central bank holds rates as it frets over trade war risk
Australia|Business|Economy|Finance

Australia retail sales edge higher as shoppers stay cautious

Australian retail sales rose modestly for a second straight month in February as a long-awaited cut in interest rates combined with slower inflation to boost consumer sentiment and

Australia retail sales edge higher as shoppers stay cautious
Americas|Business|Economy|Political

Colombia central bank board holds rate at 9.5% on inflation, external concerns

Colombia's central bank held the benchmark interest rate at 9.5% on Monday, surprising the market, which expected policymakers to resume cuts to

Colombia central bank board holds rate at 9.5% on inflation, external concerns
Business|Economy|Europe|Finance|Food

UK shop prices fall less sharply as retailers brace for tax hit

Prices in British shops fell less in March than in February and are likely to climb soon due to the impact of a new tax on employers and other costs for retailers,

UK shop prices fall less sharply as retailers brace for tax hit
Asia|Business|Economy|Finance|Stock Markets|US

Wall Street swings again as the approach of Trump's 'Liberation Day' wallops stock markets worldwide

President Donald Trump’s fast-approaching “Liberation Day” sent stock markets swinging sharply worldwide

Wall Street swings again as the approach of Trump's 'Liberation Day' wallops stock markets worldwide
Asia|Economy|Finance|Political|Stock Markets

Dollar rises against yen, steadies ahead of US tariff announcement

The dollar strengthened against the Japanese yen and the euro on Monday, but was set for its largest quarterly decline since July 2024, as uncertainty around U.S.

Dollar rises against yen, steadies ahead of US tariff announcement
Americas|Economy|Political|World

Argentina poverty levels slide, though many still feel the pinch

Argentina's poverty rate fell sharply in the second half of 2024, the government's INDEC statistics agency said on Monday, a

Argentina poverty levels slide, though many still feel the pinch
Americas|Economy|Finance

Colombia's central bank holds interest rate at 9.50%, surprising a majority of the market

Colombia's central bank held the benchmark interest rate at 9.5% on Monday, surprising the market, which expected policymakers to resume cuts to borrowing costs despite inflation

Colombia's central bank holds interest rate at 9.50%, surprising a majority of the market
Americas|Economy|Finance

Colombia inflation seen easing in March, rising in 2025 and 2026: Reuters poll

Inflation in Colombia likely eased in March, after increasing in the first two months of the year due to higher minimum wages and gas tariffs subsidies, a

Colombia inflation seen easing in March, rising in 2025 and 2026: Reuters poll
Americas|Business|Economy|Finance|Political

Brazil central bank to monitor inflation expectations closely as policymakers weigh next steps

Brazilian central bank director Nilton David signaled on Monday that policymakers will monitor inflation expectations when determining their next steps, anticipating that inflation

Brazil central bank to monitor inflation expectations closely as policymakers weigh next steps
Business|Economy|Europe|Finance

Inflation in Poland at 4.1% in 2025, central bank survey shows

Average annual inflation in Poland will amount to 4.1% in 2025, and it will then slow to 3.2% in 2026 and 2.7% in 2027, according to forecasts published on Monday in the central

Inflation in Poland at 4.1% in 2025, central bank survey shows
Business|Economy|Europe|Finance|Political

ECB's Panetta: U.S. trade policy calls for ECB caution in cutting rates

High uncertainty, mainly due to U.S. trade policy announcements, means the European Central Bank needs to be cautious in reducing its interest rates, governing council member Fabio

ECB's Panetta: U.S. trade policy calls for ECB caution in cutting rates
Business|Economy|Finance|Political|US

Recession odds are rising as Trump’s trade war escalates, Goldman Sachs says

Recession odds are rising as Trump’s trade war escalates, Goldman Sachs says

Recession odds are rising as Trump’s trade war escalates, Goldman Sachs says