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Today: June 03, 2025
Today: June 03, 2025

inflation

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
Business|Economy|Europe|Finance

Polish central bank seen keeping rates unchanged this week- Reuters poll

The National Bank of Poland (NBP) is expected to keep its main interest rate steady at 5.75% on Wednesday, a Reuters poll showed, as inflation stands near double

Polish central bank seen keeping rates unchanged this week- Reuters poll
Business|Economy|Finance|Political|US

Trump is about to test whether the Fed learned its inflation lesson

Trump is about to test whether the Fed learned its inflation lesson

Trump is about to test whether the Fed learned its inflation lesson
Asia|Economy|World

Declining Eid travel and spending in Indonesia and discrimination in India dampen holiday spirit

The usual festive mood of Eid al-Fitr holiday to mark the end of the Islamic holy month of Ramadan has been subdued in Indonesia this year as people grapple with soaring prices for food, clothing and essential goods

Declining Eid travel and spending in Indonesia and discrimination in India dampen holiday spirit
Americas|Business|Economy|Finance|Political

Brazil's Lula will not take unorthodox measures ahead of election, minister says

Brazilian Finance Minister Fernando Haddad said on Friday that President Luiz Inacio Lula da Silva will not adopt unorthodox policies with next year's presidential election in mind, where

Brazil's Lula will not take unorthodox measures ahead of election, minister says
Business|Economy|Europe|Finance|Stock Markets

UK stocks subdued as tariff concerns keep investors cautious

UK shares edged lower on Friday as investors avoided big bets on concerns over the global economic fallout exacerbating trade tensions already heightened by tariffs.

UK stocks subdued as tariff concerns keep investors cautious
Economy|Finance|Political|US

Fed's Daly: Inflation progress has been flat, dents confidence in rate cut view

San Francisco Federal Reserve Bank President Mary Daly on Friday said inflation data published earlier in the day confirms her decreased confidence in her baseline expectation that two

Fed's Daly: Inflation progress has been flat, dents confidence in rate cut view
Business|Economy|Finance|Political|Stock Markets

Trade worries entrenched

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets It's Friday, so today I'll provide a quick overview of what's happening in global

Trade worries entrenched
Americas|Business|Economy|Political

Canada home prices to lag inflation; trade war further hurts sentiment: Reuters poll

Canadian home prices are set to lag overall inflation this year, a Reuters poll of property market experts showed, with transaction volumes

Canada home prices to lag inflation; trade war further hurts sentiment: Reuters poll
Business|Economy|Finance|Stock Markets|US

US Feb PCE prices index shows inflation picture still a conundrum

The Personal Consumption Expenditures (PCE) price index increased 0.3% in February after advancing by an unrevised 0.3% in January, the U.S. Commerce Department said on Friday.

US Feb PCE prices index shows inflation picture still a conundrum
Business|Economy|Finance|Political|US

Weak spending, sticky prices, rising inflation expectations a bad mix for Fed

The U.S.

Weak spending, sticky prices, rising inflation expectations a bad mix for Fed
Business|Economy|Finance|Political|US

Fed's Daly says flat progress on inflation hurts confidence in rate cut outlook

San Francisco Federal Reserve Bank President Mary Daly still sees two interest-rate cuts this year as a "reasonable" projection, but the recent plateauing of inflation

Fed's Daly says flat progress on inflation hurts confidence in rate cut outlook
Business|Economy|Finance|Political|US

Moderate US consumer spending, increasing prices raise specter of stagflation

U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in 13 months, stoking fears the

Moderate US consumer spending, increasing prices raise specter of stagflation
Business|Economy|Finance|Political|Stock Markets|US

Wall Street tumbles as fresh data fuels inflation fear

Wall Street stocks ended sharply lower on Friday, with selloffs in Amazon, Microsoft and other technology heavyweights, after U.S. data stoked fears of

Wall Street tumbles as fresh data fuels inflation fear
Economy|Europe|Finance|Political

ECB's Nagel encouraged but warns against 'over-optimism' on inflation target

ECB policymaker Joachim Nagel said on Friday he was encouraged by recent data on inflation in a number of euro zone economies but warned against over-optimism as the European

ECB's Nagel encouraged but warns against 'over-optimism' on inflation target
Africa|Economy|Finance

Ghana central bank surprises with first rate hike since July 2023

Ghana's central bank on Friday raised its main interest rate by 100 basis points to 28%, saying the impact of the rate hike on consumer inflation will be

Ghana central bank surprises with first rate hike since July 2023
Business|Economy|Political|US

US consumers remained cautious about spending last month as inflation ticked higher

An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has been felt

US consumers remained cautious about spending last month as inflation ticked higher
Business|Economy|US

Consumers are saving more and spending less as Trump’s tariffs loom

Consumers are saving more and spending less as Trump’s tariffs loom

Consumers are saving more and spending less as Trump’s tariffs loom
Business|Economy|Europe|Finance

Spain's annual inflation rate falls to 2.2% in March, slowest in five months

Spain's annual inflation rate has fallen this month to its slowest pace since October as heavy rains boosted hydropower output, bringing down electricity prices, preliminary data from the

Spain's annual inflation rate falls to 2.2% in March, slowest in five months
Business|Economy|Europe|Finance

ECB's de Guindos sees 'good news' on inflation amid trade fears

The economic outlook for the euro zone is complicated by fears about a trade war with the United States but at least inflation is heading down towards the European Central Bank's

ECB's de Guindos sees 'good news' on inflation amid trade fears
Economy|Europe|Finance

France and Spain inflation data, ECB survey bolster case for rate cuts

Inflation in March came in far below forecasts in two of the euro zone's largest economies, data showed on Friday, while consumer expectations for price growth remained muted,

France and Spain inflation data, ECB survey bolster case for rate cuts
Economy|Europe|Finance

French preliminary inflation stable at 0.9% in March, below forecast

French consumer prices rose less than anticipated in March, as accelerating prices for services were offset by declining energy prices, preliminary data from statistics agency INSEE showed

French preliminary inflation stable at 0.9% in March, below forecast
Asia|Business|Economy|Finance|Political

BOJ board at loggerheads over inflation, US tariff risks, March summary shows

Bank of Japan policymakers were at loggerheads this month over how soon they should raise interest rates again as some focused on domestic inflationary pressure and

BOJ board at loggerheads over inflation, US tariff risks, March summary shows
Australia|Business|Economy|Finance

RBA to hold rates steady in April, but cut again in May: Reuters poll

The Reserve Bank of Australia will keep its cash rate unchanged on Tuesday as it waits for concrete signs of easing inflation, according to a Reuters poll of

RBA to hold rates steady in April, but cut again in May: Reuters poll
Asia|Business|Economy|Finance

Core inflation in Japan's capital accelerates, stays above BOJ target

Core consumer inflation in Japan's capital stayed above the central bank's target and accelerated in March on steady gains in food costs, data showed

Core inflation in Japan's capital accelerates, stays above BOJ target
Business|Economy|Finance|Political|US

Fed's Collins says it is clear tariffs will drive inflation up near term

By Michael S.

Fed's Collins says it is clear tariffs will drive inflation up near term
Business|Economy|Finance|Political|US

Fed's Barkin: Auto firms under tariffs will face tough choices on pricing, margins

Richmond Federal Reserve President Tom Barkin said he did not expect consumers to face the full brunt of the 25% tax the Trump administration has

Fed's Barkin: Auto firms under tariffs will face tough choices on pricing, margins
Business|Economy|Political|US

Fed's Barkin: Extensive uncertainty could hit demand, policy in good place awaiting more clarity

The Federal Reserve's current "moderately restrictive" monetary policy is right for an environment with an abnormal amount of uncertainty and fast

Fed's Barkin: Extensive uncertainty could hit demand, policy in good place awaiting more clarity
Economy|Europe|Finance

Euro zone consumers may be put off by inflation 'misperception,' ECB's Schnabel says

The euro zone's economic recovery may have been held back by households' "misperception" of inflation and income, which has made them reluctant to spend, European

Euro zone consumers may be put off by inflation 'misperception,' ECB's Schnabel says
Americas|Business|Economy|Finance

Bank of Mexico cuts interest rate as trade war stokes recession fears

The Bank of Mexico delivered a unanimous 50-basis-point interest rate cut to 9.00% on Thursday, highlighting progress on inflation but warning of heightened

Bank of Mexico cuts interest rate as trade war stokes recession fears
Asia|Business|Economy|Political|Stock Markets|US

Stocks down, gold hits record after Trump's latest tariff volley

Global stocks fell for a second straight session and gold hit a record high on Thursday after the latest tariffs from U.S.

Stocks down, gold hits record after Trump's latest tariff volley
Business|Economy|Finance|Political|US

Trump's auto tariffs complicate Fed's deliberations on rates

President Donald Trump's permanent 25% tariff on imported autos has expanded the global trade war, feeding expectations for higher prices for cars and other products, but

Trump's auto tariffs complicate Fed's deliberations on rates
Americas|Business|Economy

Brazil's central bank signals need for higher rates for longer

The Brazilian central bank's economic policy director Diogo Guillen said on Thursday that when inflation expectations are unanchored, as they are now, interest

Brazil's central bank signals need for higher rates for longer
Americas|Economy|Finance|Political

Brazil's annual inflation hits two-year high as rate hikes continue

Brazil's 12-month inflation rate accelerated slightly less than expected in early March but still hit its highest level in two years, official data showed on Thursday, as the

Brazil's annual inflation hits two-year high as rate hikes continue
Americas|Business|Economy

Brazil central bank raises long-term inflation forecasts, sees challenging path to target

Brazil's central bank raised its inflation projections on Thursday for the long-term despite anticipating weaker economic activity this year, and said that this scenario makes

Brazil central bank raises long-term inflation forecasts, sees challenging path to target
Africa|Business|Economy|Finance

Central banks of Ghana and Kenya to pause rates in coming days until May: Reuters poll

The Bank of Ghana and the Central Bank of Kenya will pause cutting interest rates at their upcoming meetings and resume in May, a Reuters poll found on

Central banks of Ghana and Kenya to pause rates in coming days until May: Reuters poll
Economy|Europe|Finance

Norway central bank keeps rate on hold in policy reversal

Norway's central bank kept interest rates on hold at a 17-year high of 4.50% on Thursday, in line with most forecasts, as an unexpected resurgence of inflation led policymakers to

Norway central bank keeps rate on hold in policy reversal
Business|Economy|Finance|Political|US

St. Louis Fed's Musalem says tariffs could trigger more persistent inflation

Risks have increased that U.S. inflation will stall above the Federal Reserve's 2% target or even rise further in the near term, with rising import taxes potentially

St. Louis Fed's Musalem says tariffs could trigger more persistent inflation
Business|Economy|Finance|Political

Bank of Canada gave less weight to downward risks to inflation - minutes

The Bank of Canada saw less evidence of downward pressure on inflation even as it decided to cut rates by 25 basis points on March

Bank of Canada gave less weight to downward risks to inflation - minutes
Business|Economy|Food|US

Walmart touts cheaper Easter meal for 2025 - but it's missing the eggs

Walmart is touting its Easter 2025 promotion as cheaper than in 2024 - even though its meal kit is missing a key component: eggs.

Walmart touts cheaper Easter meal for 2025 - but it's missing the eggs
Business|Economy|Finance|Political|Stock Markets|US

Trading Day: 'Tariff Man' flexes muscles, markets cower

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Nasdaq slumps 2%, tariff fears intensify It was

Trading Day: 'Tariff Man' flexes muscles, markets cower
Business|Economy|Finance|Political|US

Fed should stay put for extended period amid policy uncertainty, Kashkari says

Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday said he's uncertain about the effect of President Donald Trump's tariffs on the U.S. economy, with the

Fed should stay put for extended period amid policy uncertainty, Kashkari says
Business|Economy|Europe|Finance|Health|Political|Stock Markets

European shares end lower as US tariff deadline looms

European shares closed lower on Wednesday, dragged by technology and healthcare stocks, while investors remained concerned about impending U.S. tariffs set to take effect

European shares end lower as US tariff deadline looms
Business|Economy|Europe|Finance|Stock Markets

Energy leads UK shares higher after finance minister trims spending plans

British equities closed higher on Wednesday, buoyed by rising energy stocks, after finance minister Rachel Reeves pushed back government spending plans in a long-anticipated budget update.

Energy leads UK shares higher after finance minister trims spending plans
Economy|Finance|Political

UK's Reeves announces budget update to parliament

British finance minister Rachel Reeves announced her budget update to parliament on Wednesday.

UK's Reeves announces budget update to parliament
Business|Economy|Europe|Finance

Swedish central bank sees rate cuts at end but uncertainty high - minutes

Sweden's central bank is set to hold the interest rate steady for the foreseeable future, but rate-setters are ready to act if inflation deviates too much from the target,

Swedish central bank sees rate cuts at end but uncertainty high - minutes
Asia|Business|Economy

Sri Lanka's central bank holds rate to support economic recovery

Sri Lanka's central bank kept its key policy rate unchanged for a second consecutive meeting on Wednesday to underpin the island nation's economic recovery

Sri Lanka's central bank holds rate to support economic recovery
Business|Economy|Finance|US

Fed's Goolsbee sees lower interest rates in a year's time, but warns of uncertainties, FT reports

Chicago Federal Reserve Bank President Austan Goolsbee said he expected interest rates to be "a fair bit lower" in 12-18 months but added that it may take longer than anticipated for the

Fed's Goolsbee sees lower interest rates in a year's time, but warns of uncertainties, FT reports
Americas|Economy|Food|Political

Brazil faces inflation risks as surging corn prices eclipse rice plunge

Brazil is set to face inflationary pressure from rising corn prices, which could overshadow a sharp drop in rice, as President

Brazil faces inflation risks as surging corn prices eclipse rice plunge
Business|Economy|US

Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low

U.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures fell to a 12-year low, driven by rising concerns over tariffs and inflation

Consumer confidence is sliding as Americans' view of their financial futures slumps to a 12-year low
Business|Economy|Europe

Spain's industrial prices rise at fastest pace in two years on energy costs

Energy costs lifted Spanish industrial prices in February to their highest level in two years, the National Statistics Institute (INE) said on Tuesday.

Spain's industrial prices rise at fastest pace in two years on energy costs
Business|Economy|Political|US

Stagflation on the radar for the US economy, but no repeat of the '70s

Recent economic projections from Federal Reserve officials had shades of "Stagflation-lite," in the words of one economist, a sentiment increasingly echoed

Stagflation on the radar for the US economy, but no repeat of the '70s
Economy|Finance|Political|US

Fed's Kugler: Uptick in goods inflation 'unhelpful'

Federal Reserve interest rate policy remains restrictive and well-positioned, Fed Governor Adriana Kugler said on Tuesday, but progress on bringing inflation back to the central bank's 2%

Fed's Kugler: Uptick in goods inflation 'unhelpful'
Business|Economy|Finance|US

US consumers slow spending as inflation bites, Synchrony says

U.S. consumers have been curbing their spending in response to high prices and a worsening economic outlook, according to consumer finance company Synchrony

US consumers slow spending as inflation bites, Synchrony says
Business|Economy|Political|US

Consumer confidence plummets to lowest level since January 2021

Consumer confidence plummets to lowest level since January 2021

Consumer confidence plummets to lowest level since January 2021
Asia|Business|Economy|Finance

BOJ discussed chance of more rate hikes at January meeting, minutes show

Bank of Japan policymakers discussed the pace of raising interest rates further after deciding to hike short-term interest rates to the highest in 17 years, minutes of their January

BOJ discussed chance of more rate hikes at January meeting, minutes show
Americas|Business|Economy|Finance

As Mexico's economy weakens, some see a recession as unavoidable

Cooling Mexican economic activity and inflation data on Monday supported expectations that Latin America's second largest economy is headed towards a technical recession

As Mexico's economy weakens, some see a recession as unavoidable
Americas|Business|Economy|Finance|Political

Brazil to pursue 2026 primary surplus target despite challenges, minister says

Brazil's Finance Minister Fernando Haddad said on Monday that the government is sticking to next year's primary surplus target even though it will be a challenge, as it prepares

Brazil to pursue 2026 primary surplus target despite challenges, minister says
Business|Economy|Europe|Finance

Key ECB dove makes case for more easing, others more cautious

The case for another European Central Bank interest rate cut is strengthening, ECB board member Piero Cipollone said on Monday, even if others on the rate-setting Governing

Key ECB dove makes case for more easing, others more cautious
Business|Economy|Europe

German growth edges up in March as manufacturing production rises, PMI shows

Business activity in Germany's private sector rose at the quickest rate for ten months in March, amid a first increase in manufacturing production for almost two

German growth edges up in March as manufacturing production rises, PMI shows
Australia|Business|Economy|Election|Political

Australia budget to dole out energy bill relief as general election looms

Australia's government said on Sunday that a federal budget this week would include an A$1.8 billion extension to a scheme to reduce energy bills, ahead of what is expected to be a

Australia budget to dole out energy bill relief as general election looms
Americas|Business|Economy|Finance

Mexico's central bank seen cutting key rate to 9% next week: Reuters poll

The Bank of Mexico will likely cut its benchmark interest rate by 50 basis points at its meeting on March 27, taking it to 9%,

Mexico's central bank seen cutting key rate to 9% next week: Reuters poll
Economy|Finance|Political|US

Fed officials back cautious policy approach in light of economic uncertainty

By Michael S.

Fed officials back cautious policy approach in light of economic uncertainty
Americas|Economy|Finance

Mexico headline inflation likely down in first half of March: Reuters poll

Mexico's annual inflation likely slowed in the first half of March, according to a Reuters poll, supporting bets that the central bank will lower its benchmark interest rate

Mexico headline inflation likely down in first half of March: Reuters poll
Business|Economy|Europe|Finance

Everything points towards ECB rate cut in April, Stournaras says

A European Central Bank rate cut in April is increasingly likely since inflation is slowing, wage growth is moderating and service price pressures are easing, Greek central bank

Everything points towards ECB rate cut in April, Stournaras says
Asia|Business|Economy|Political|Stock Markets|US

Stock market today: Wall Street closes higher, snapping a 4-week losing streak

U.S. stocks shook off a weak start and ended slightly higher, enough to break a four-week losing streak

Stock market today: Wall Street closes higher, snapping a 4-week losing streak
Business|Economy|Finance|US

Fed reports smaller loss on operations in 2024

By Michael S.

Fed reports smaller loss on operations in 2024
Business|Economy|Europe|Finance|Political

Russia holds key rate at 21% despite Putin request not to chill the economy

The Russian central bank kept its key interest rate on hold at 21%, its highest level in more than 20 years, despite President Vladimir Putin's

Russia holds key rate at 21% despite Putin request not to chill the economy
Asia|Business|Economy|Food

China's restaurants race to the bottom in deflation-hit economy

In a dilapidated warehouse on the outskirts of the Chinese capital, businessman An Dawei inspected rows of giant fridges, industrial

China's restaurants race to the bottom in deflation-hit economy
Asia|Business|Economy|Finance

Japan's core inflation hits 3% in February, keeps alive BOJ rate-hike bets

Japan's core inflation hit 3.0% in February and an index stripping away the effect of fuel rose at the fastest pace in nearly a year, a sign of broadening price

Japan's core inflation hits 3% in February, keeps alive BOJ rate-hike bets
Business|Economy|Finance|Political|US

Bank of Canada could change tack, give range of projections

Uncertainty over the impact of U.S. tariffs means the Bank of Canada could give a range of economic estimates rather than a single forecast

Bank of Canada could change tack, give range of projections
Business|Economy|Europe|Finance|Political

Bank of England raises prospect of pause in rate cuts as uncertainty mounts

The Bank of England kept interest rates on hold and warned investors against assuming they would be cut quickly as it grappled with deep

Bank of England raises prospect of pause in rate cuts as uncertainty mounts
Business|Economy|Finance|Political|US

Trump trade upheaval leaves foreign central banks guessing

Slowing economic growth mixed with a bout of renewed inflation risks moving the U.S. from global overachiever to a

Trump trade upheaval leaves foreign central banks guessing
Business|Economy|Europe|Finance|Political

Bank of England must be careful as inflation pressure is falling slowly, Bailey says

Bank of England Governor Andrew Bailey said on Thursday that the central bank would have be careful about cutting interest rates because the fall in inflation pressures has been

Bank of England must be careful as inflation pressure is falling slowly, Bailey says
Business|Economy|Finance|US

Average US rate on a 30-year mortgage rises slightly for the second week in a row

The average rate on a 30-year mortgage in the U.S. rose slightly for the second week in a row, a modest setback for prospective home shoppers as the spring homebuying season ramps up

Average US rate on a 30-year mortgage rises slightly for the second week in a row
Business|Economy|Finance|Political|US

So, what is stagflation, anyway, and why is it so scary?

So, what is stagflation, anyway, and why is it so scary?

So, what is stagflation, anyway, and why is it so scary?
Business|Economy|Europe|Finance|Stock Markets

BoE keeps rates steady, sterling gets brief boost

The Bank of England held interest rates at 4.5% on Thursday and warned against assumptions that they would fall over its next few meetings, as policymakers grapple with deep

BoE keeps rates steady, sterling gets brief boost
Africa|Business|Economy|Finance

South African central bank governor's comments on rate decision

Below are some quotes from South African Reserve Bank Governor Lesetja Kganyago at a news conference to announce the central bank's latest interest rate decision.

South African central bank governor's comments on rate decision
Business|Economy|Europe|Finance

Sweden's Riksbank holds rate but is ready to act, highlights global risks

Sweden's central bank kept its policy rate unchanged at 2.25% as expected on Thursday, predicting rates would remain steady in the near term, but said it was

Sweden's Riksbank holds rate but is ready to act, highlights global risks
Business|Economy|Europe|Finance

Swiss National Bank flags economic uncertainty after latest rate cut

The Swiss National Bank cut its main interest rate to just above zero on Thursday and flagged increased uncertainty over the global impact of U.S.

Swiss National Bank flags economic uncertainty after latest rate cut
Business|Economy|Europe|Finance|Political

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold

The Bank of England has kept its main U.K. interest rate unchanged at 4.50% even though the economy is barely growing and the nation faces more uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. The decision by the nine-member Monetary Policy Committee on Thursday was widely expected, and comes a day after the U.S. Federal Reserve also kept interest rates unchanged

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold
Business|Economy|Finance|Political|Stock Markets|US

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos
Business|Economy|Europe|Finance|Political

ECB's Lagarde spells out cost of trade war with US

European Central Bank President Christine Lagarde spelled out the cost of a trade war with the United States for the euro zone's economy for the first time on Thursday and

ECB's Lagarde spells out cost of trade war with US
Business|Economy|Europe|Finance

UK jobs market steadies with BoE set to keep rates on hold

The pace of British pay growth was little changed and there were others signs of stability in the jobs market, according to official data that

UK jobs market steadies with BoE set to keep rates on hold
Business|Economy|Finance|Political|US

Tariffs to delay inflation progress, too soon to gauge impact, Fed's Powell says

U.S.

Tariffs to delay inflation progress, too soon to gauge impact, Fed's Powell says
Americas|Business|Economy|Finance|Political

Brazil raises interest rates 100 bps, sees smaller hike ahead

Brazil's central bank raised interest rates by 100 basis points on Wednesday for the third consecutive time, sticking to previous guidance, and signaled a smaller

Brazil raises interest rates 100 bps, sees smaller hike ahead
Business|Economy|Finance|Stock Markets|US

Markets soar as Powell brings back 'transitory'

TRADING DAY Parsing the Fed's new economic projections and 'dot plot' Wall Street rallied sharply and Treasury yields fell on Wednesday as investors bet

Markets soar as Powell brings back 'transitory'
Business|Economy|Finance|MidEast|US|World

Gold scales record peak as Fed signals two rate cuts in 2025

Gold touched an all-time high on Thursday as the U.S.

Gold scales record peak as Fed signals two rate cuts in 2025
Business|Economy|Finance|Political|US

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged

The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though more policymakers forecast fewer cuts

Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged
Business|Economy|Finance|Political|Stock Markets|US

Fed policymakers project two rate cuts this year, some see fewer

U.S. central bankers on Wednesday signaled they are likely to deliver two quarter-point interest-rate cuts later this year, the same median forecast as three months ago, even as

Fed policymakers project two rate cuts this year, some see fewer
Americas|Economy|Political

Argentina's 2024 economy shrinks 1.7% despite late-year rebound

Argentina's economy shrank 1.7% in 2024 compared with the prior year, but expanded for the second consecutive time in quarterly terms in the last three months of the year, the

Argentina's 2024 economy shrinks 1.7% despite late-year rebound
Economy|Finance|Political|Stock Markets|US

Instant View: Fed doesn't change rates, will slow pace of balance sheet reduction

The Federal Reserve held interest rates steady on Wednesday, as expected, but U.S. central bank policymakers indicated they still anticipate reducing borrowing costs by half a percentage

Instant View: Fed doesn't change rates, will slow pace of balance sheet reduction
Economy|Finance|World

Russian weekly inflation at lowest level since start of the year

Russia's weekly inflation, an important gauge closely watched by the central bank, slowed to the lowest level since the start of the year, according to statistical data released on

Russian weekly inflation at lowest level since start of the year
Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street rallies as pressure eases from the bond market after Fed decision

U.S. stocks climbed after the Federal Reserve said the economy still looks healthy enough to keep interest rates where they are

Stock market today: Wall Street rallies as pressure eases from the bond market after Fed decision
Americas|Business|Economy

Brazil's government maintains 2025 GDP forecast, sees higher inflation

Brazil's government on Wednesday kept its economic growth forecast for this year unchanged at 2.3%, while slightly increasing its inflation estimate due to "marginal changes" to

Brazil's government maintains 2025 GDP forecast, sees higher inflation
Business|Economy|Health|Political|US

Americans are feeling the financial squeeze—and it's about to get worse

BuchhaltungsButler and DataPulse Research examine how consumer sentiment plummets and financial stress grows in America.

Americans are feeling the financial squeeze—and it's about to get worse
Asia|Business|Economy|Finance|Political

BOJ keeps interest rates steady, warns of Trump tariff risks

The Bank of Japan kept interest rates steady on Wednesday and warned of heightening global economic uncertainty, suggesting the timing of further

BOJ keeps interest rates steady, warns of Trump tariff risks
Asia|Business|Economy|Finance|Political|US

BOJ Governor Ueda's comments at news conference

The Bank of Japan held interest rates steady on Wednesday, as expected, as policymakers opted to spend more time gauging the impact of potential higher U.S. tariffs on the export-dependent

BOJ Governor Ueda's comments at news conference
Economy|Europe|Political|US

ECB's de Guindos: Trump tariffs making monterary policy decisions harder

U.S. President Donald Trump's tariff policy has made the European Central Bank's monetary policy decisions more difficult, its Vice President Luis de Guindos said on Monday.

ECB's de Guindos: Trump tariffs making monterary policy decisions harder
Business|Economy|Europe|Finance

UK pay rises fall back in line with inflation, Brightmine says

Pay increases granted by British employers have fallen back in line with inflation for the first time since October 2023, according to data from human resources data firm Brightmine

UK pay rises fall back in line with inflation, Brightmine says
Americas|Business|Economy

Alimentation Couche-Tard misses quarterly revenue estimates on lower fuel demand

Canadian retailer Alimentation Couche-Tard missed third-quarter revenue estimates on Tuesday, hurt by sluggish demand in its convenience stores and fuel businesses amid rising inflationary

Alimentation Couche-Tard misses quarterly revenue estimates on lower fuel demand
Business|Economy|Finance

Canada's annual inflation rate increases to 2.6% in February

Canada's annual inflation rate rose to a higher than expected 2.6% in February, on broad-based increases, including the end of the GST/HST holiday on food and certain other items,

Canada's annual inflation rate increases to 2.6% in February
Americas|Business|Economy|Finance|Food

Canada's inflation jumps to eight-month high as sales tax break ends

Canada's annual inflation rate showed a surprise jump to 2.6% in February, surpassing expectations as a sales tax break that ended in the middle of last month

Canada's inflation jumps to eight-month high as sales tax break ends
Business|Economy|Europe

Swiss lower 2025 growth forecast as global trade war looms

The Swiss government trimmed its economic growth forecasts for 2025 and 2026 on Tuesday, citing global trade tensions, although it expects the country to avoid a

Swiss lower 2025 growth forecast as global trade war looms
Asia|Business|Economy|Finance

BOJ to hike rates gradually given wage outlook, Goldman says

The Bank of Japan is likely to keep hiking interest rates gradually as wages are seen rising at a pace that will keep inflation stably around its 2% target, according

BOJ to hike rates gradually given wage outlook, Goldman says
Business|Economy|Food|US

Chips and cookies have gotten too expensive. Shoppers are buying less

Chips and cookies have gotten too expensive. Shoppers are buying less

Chips and cookies have gotten too expensive. Shoppers are buying less
Business|Economy|Finance|Political|US

Trump is blaming Biden for a weakening economy. Is that fair?

Trump is blaming Biden for a weakening economy. Is that fair?

Trump is blaming Biden for a weakening economy. Is that fair?
Business|Economy|Europe|Finance

Swiss National Bank bought forex worth 1.2 billion francs in 2024

The Swiss National Bank bought foreign currency worth 1.2 billion Swiss francs ($1.36 billion) in 2024, the central bank said on Tuesday, dramatically reducing its interventions

Swiss National Bank bought forex worth 1.2 billion francs in 2024
Business|Economy|Finance|Stock Markets|US

TSX extends recovery as resource shares lead broad-based gains

Canada's main stock index rallied for a second straight day on Monday as some investors took the view that the recent selloff in the market was a buying opportunity, with

TSX extends recovery as resource shares lead broad-based gains
Economy|Finance|Political|US

'Stagflation' risk puts Federal Reserve in tricky spot as it meets this week

The Federal Reserve and its chair, Jerome Powell, are potentially headed to a tough spot as it prepares to meet Tuesday and Wednesday

'Stagflation' risk puts Federal Reserve in tricky spot as it meets this week
Africa|Economy|Finance|Political

Nigeria inflation eases for second month after data overhaul

Nigeria's annual headline inflation eased to 23.18% in February, the country's statistics agency said on Monday, a month after it rebased its Consumer Price

Nigeria inflation eases for second month after data overhaul
Business|Economy|Europe|Finance|World

Russian central bank expected to keep key rate on hold amid uncertainty: Reuters poll

The Russian central bank will keep its benchmark interest rate on hold at a board meeting on March 21, all 29 analysts who took part in a Reuters poll predicted

Russian central bank expected to keep key rate on hold amid uncertainty: Reuters poll
Economy|Europe|Food|Political

Hungary's Orban launches food price controls as inflation rebounds

Food price controls launched by Prime Minister Viktor Orban went into effect in Hungary on Monday after inflation hit the highest level in

Hungary's Orban launches food price controls as inflation rebounds
Africa|Business|Economy|Finance|Political

South African inflation forecast falls further in key survey

The average inflation forecast for 2025 in a closely watched survey commissioned by the central bank fell further in the first quarter of this year, dropping below the level

South African inflation forecast falls further in key survey
Americas|Business|Economy|Political|World

Trump trade war to sap Canadian, Mexican and US growth, OECD says

President Donald Trump's tariff hikes will drag down growth in Canada, Mexico and the United States while driving up inflation, the OECD forecast on Monday, cutting

Trump trade war to sap Canadian, Mexican and US growth, OECD says
Business|Economy|Finance|Political|US

Trump’s tariffs are inflicting serious economic damage and reigniting inflation, OECD says

Trump’s tariffs are inflicting serious economic damage and reigniting inflation, OECD says

Trump’s tariffs are inflicting serious economic damage and reigniting inflation, OECD says
Business|Economy|Europe|Finance|Stock Markets|US

Central bank frenzy meets political storm

The week ahead is crammed with central bank decisions, first and foremost the U.S.

Central bank frenzy meets political storm
Business|Economy|Europe|Finance|Political|Stock Markets|US

Bank of England set to keep rates on hold as global uncertainty mounts

The Bank of England is likely to keep interest rates on hold on Thursday and stick to its mantra of only gradual moves ahead as it grapples with the fallout from U.S.

Bank of England set to keep rates on hold as global uncertainty mounts
Asia|Business|Economy

Taiwan likely to hold rates steady on inflation, US tariff concerns: Reuters poll

Taiwan's central bank is likely to maintain its policy interest rate this week and keep it steady through the first quarter of next year, due to concerns over inflation and fresh

Taiwan likely to hold rates steady on inflation, US tariff concerns: Reuters poll
Business|Economy|Political|Technology|US

DOJ antitrust head targets pricey consultants amid DOGE cost cutting

The U.S.

DOJ antitrust head targets pricey consultants amid DOGE cost cutting
Americas|Economy|Political

Argentina monthly inflation edges back up as prices prove sticky

Argentina's monthly inflation rate accelerated to 2.4% in February, in line with analyst estimates, data from the INDEC statistics

Argentina monthly inflation edges back up as prices prove sticky
Business|Economy|Finance|Political|Stock Markets|US

Rising inflation expectations could put Fed on shallower rate-cut path

American families are growing sharply less optimistic about the economic outlook, but the Federal Reserve may be loathe to respond aggressively to a weakening economy in light of increasing

Rising inflation expectations could put Fed on shallower rate-cut path
Americas|Business|Economy|Finance

Brazil central bank to hike rates to near decade-high on March 19- Reuters poll

Brazil's central bank will hike its benchmark interest rate to a near decade-high of 14.25% on March 19, giving little extra forward guidance amid a changing

Brazil central bank to hike rates to near decade-high on March 19- Reuters poll
Africa|Business|Economy|Finance|Political

South African Reserve Bank to pause rate-cutting cycle, resume in May- Reuters poll

The South African Reserve Bank (SARB) will likely keep interest rates steady at its March 20 meeting as global trade risks and battles over the national budget

South African Reserve Bank to pause rate-cutting cycle, resume in May- Reuters poll
Business|Economy|Europe|Finance|Political

ECB's Holzmann backs holding rates in April on inflation risks

European Central Bank policymaker Robert Holzmann backs keeping interest rates unchanged next month as higher trade tariffs and more government spending raise the risk of a new

ECB's Holzmann backs holding rates in April on inflation risks
Business|Economy|Europe|Finance

UK public inflation expectations surged in February, BoE survey shows

The British public's expectations for inflation in the long run rose in February to their highest level in more than five years, according to a Bank of England survey on Friday that is

UK public inflation expectations surged in February, BoE survey shows
Asia|Business|Economy

Japan firms agree to biggest pay hike in 34 years, but will it boost consumer spending?

Japanese firms agreed to raise wages by more than 5% on average this year, on course for their most substantial pay hike in over three decades - a

Japan firms agree to biggest pay hike in 34 years, but will it boost consumer spending?
Economy|Europe|Finance

Spain's 12-month EU-harmonised inflation unchanged at 2.9% in February

Spain's European Union-harmonised 12-month inflation rate remained unchanged at 2.9% in February from the period through January, final data released by the National Statistics Institute,

Spain's 12-month EU-harmonised inflation unchanged at 2.9% in February
Asia|Business|Economy|Finance

Japan inflation likely cooled in Feb on energy subsidy resumption: Reuters poll

Japan's core inflation likely decelerated in February from the previous month due to the resumption of energy subsidies, a Reuters poll showed, though the overall price trends will

Japan inflation likely cooled in Feb on energy subsidy resumption: Reuters poll
Americas|Business|Economy|Finance

Peru central bank holds benchmark interest rate at 4.75%

Peru's central bank held its benchmark interest rate at 4.75% on Thursday, in line with analysts' expectations.

Peru central bank holds benchmark interest rate at 4.75%
Economy|Europe|Political|US

The Latest: Schumer backs GOP funding bill, unwilling to risk government shutdown

Senate Democratic leader Chuck Schumer has relented rather than risk a government shutdown

The Latest: Schumer backs GOP funding bill, unwilling to risk government shutdown
Business|Economy|US

Dollar General warns low-income Americans’ finances are getting worse

Dollar General warns low-income Americans’ finances are getting worse

Dollar General warns low-income Americans’ finances are getting worse
Business|Economy|Finance|Stock Markets|US

Dollar General forecasts muted 2025, says American shoppers are struggling

Dollar General joined a growing list of retailers warning of weak annual sales and profit, and said its consumers were struggling to afford some essentials as high

Dollar General forecasts muted 2025, says American shoppers are struggling
Business|Economy|Political|US

Gasoline prices are coming down. But Trump’s drill-baby-drill promises are not the reason

Gasoline prices are coming down. But Trump’s drill-baby-drill promises are not the reason

Gasoline prices are coming down. But Trump’s drill-baby-drill promises are not the reason
Economy|Europe|Finance|Political|Stock Markets

Tariff worries weigh as CPI cheer fades

A look at the day ahead in European and global markets from Kevin Buckland Wall Street's mild bounce on the back of a tame CPI reading did not provide much impetus for Asian markets, leaving European

Tariff worries weigh as CPI cheer fades
Business|Economy|Finance|Political

Bank of Canada considered leaving rates unchanged, governor tells Reuters

The Bank of Canada considered leaving its key policy rate at 3% ahead of a scheduled announcement before concluding it needed to cut for

Bank of Canada considered leaving rates unchanged, governor tells Reuters
Business|Economy|Europe

French central bank trims growth outlook on trade tensions

France's economy will slow more this year and next than previously expected as trade tensions hit demand for French exports, the central bank said on Wednesday in its quarterly

French central bank trims growth outlook on trade tensions
Business|Economy|Finance|Political|US

US consumer inflation slows in February; tariffs expected to boost prices

U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, giving the Federal Reserve room to

US consumer inflation slows in February; tariffs expected to boost prices
Americas|Economy|Finance|World

Argentina's inflation seen rising slightly in February- Reuters poll

Argentina's monthly inflation rate likely rose in February, slightly higher than the figure recorded in January, a Reuters poll of analysts showed ahead of data due on Friday.

Argentina's inflation seen rising slightly in February- Reuters poll
Americas|Business|Economy|Finance|Political

FULL TEXT- Bank of Canada to be cautious about future rate moves

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

FULL TEXT- Bank of Canada to be cautious about future rate moves
Business|Economy|Finance|Stock Markets|US

Cooler inflation paves way for Fed to resume rate cuts in June

Cooler inflation last month leaves the door open for the Federal Reserve to resume cutting interest rates by mid-year, but the central bank remains worried that U.S. tariff

Cooler inflation paves way for Fed to resume rate cuts in June
Business|Economy|Finance|Political|US

US inflation cooled in February, but Trump’s tariff plans and trade war loom

US inflation cooled in February, but Trump’s tariff plans and trade war loom

US inflation cooled in February, but Trump’s tariff plans and trade war loom
Business|Economy|Finance|Political|Stock Markets|US

Forget threats, the tariff war is underway

Morning Bid U.S.

Forget threats, the tariff war is underway
Asia|Business|Economy

Major Japan firms agree to big wage hikes, impact on BOJ policy in focus

Many of Japan's biggest companies from tech conglomerates to Toyota have met union demands for substantial wage hikes for a third consecutive year, seeking to help

Major Japan firms agree to big wage hikes, impact on BOJ policy in focus
Business|Economy|Finance|Political|Stock Markets|US

The engine that fueled the Biden economy is sputtering under Trump

The engine that fueled the Biden economy is sputtering under Trump

The engine that fueled the Biden economy is sputtering under Trump
Economy|Europe|Finance|Political

Trade, defence shocks risk amplifying euro zone inflation, Lagarde warns

The euro zone economy is facing exceptional shocks from trade, defence and climate issues, possibly amplifying inflation volatility and raising the risk that price growth becomes

Trade, defence shocks risk amplifying euro zone inflation, Lagarde warns
Economy|Environment|Europe|Finance|Political

ECB to tackle fundamental questions in strategy assessment

The European Central Bank is launching a fresh strategy assessment seen covering some big questions on the way it works - from whether massive bond buys remain a good policy tool

ECB to tackle fundamental questions in strategy assessment
Asia|Business|Economy|Finance|Political

Pakistan pauses rate cuts, but likely not for long

With inflation cooling, Pakistan's central bank hit pause on its multiple rounds of monetary easing that might have risked destabilising its currency or worsening

Pakistan pauses rate cuts, but likely not for long
Business|Economy|Europe|Food|Political

Hungary's leader orders price controls on basic foods as inflation spikes

Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European country

Hungary's leader orders price controls on basic foods as inflation spikes
Business|Economy|Political|US

US small business confidence extends decline in February

U.S. small-business confidence dropped for a third straight month in February, wiping away much of the gains notched in the aftermath of President Donald Trump's election

US small business confidence extends decline in February
Economy|Europe|Finance|Political

Swedish Riksbank's Thedeen says higher inflation outcomes call for vigilance

Recent inflation outcomes in Sweden have been slightly higher than expected but it remains to be seen how much is due to temporary factors, Riksbank Governor Erik Thedeen said on

Swedish Riksbank's Thedeen says higher inflation outcomes call for vigilance