Trump has begun another trade war. Here's a timeline of how we got here
Canada's leader laments lost friendship with US in town that sheltered stranded Americans after 9/11
Chinese EV giant BYD's fourth-quarter profit leaps 73%
You're an American in another land? Prepare to talk about the why and how of Trump 2.0
Chalk talk: Star power, top teams and No. 5 seeds headline the women's March Madness Sweet 16
Purdue returns to Sweet 16 with 76-62 win over McNeese in March Madness
Business|Economy|Finance|Political|Stock Markets|US
Fed's Goolsbee: Rate cuts still possible if economy gets back on track
By Michael S.
April 10, 2025interest rates
Australia|Business|Economy|Finance|Political|Stock Markets
Australia central bank says too early to decide on rate path amid tariff uncertainty
Australia's top central banker said on Thursday that it was still too early to decide on the path for interest rates, adding it needed to be patient as it assesses the economic
April 10, 2025
Business|Economy|Finance|Political|US
Fed officials signal no plans to ride to the rescue with rate cuts
Federal Reserve policymakers worry U.S.
April 09, 2025
Business|Economy|Finance|US
Fed minutes show some officials favored steady balance sheet drawdown
By Michael S.
April 09, 2025
Economy|Finance|Stock Markets|US
Sharp US bond selloff revives flashbacks of COVID-era 'dash-for-cash'
A violent U.S.
April 09, 2025
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
April 09, 2025
Americas|Business|Economy
Brazil retail sales rise 0.5% in February to hit record
Retail sales volumes in Brazil rose 0.5% in February from the previous month, reaching the highest level since the data series began in 2000, statistics agency IBGE said on
April 09, 2025
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
April 09, 2025
Asia|Business|Economy|Finance
BOJ's Ueda sticks to rate-hike stance but signals focus on risks
Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will continue to raise interest rates if the economy keeps recovering, but will scrutinise "without pre-
April 09, 2025
Business|Economy|Finance|Political|Stock Markets|US
Fed's Daly sees time to tread slowly, carefully on policy
San Francisco Federal Reserve Bank President Mary Daly on Tuesday became the latest U.S. central banker to say there's no rush to cut interest rates, what with the economy and the labor
April 08, 2025
Business|Economy|Finance|Stock Markets|US
Some brokerages see more Fed rate cuts, recession risks after latest US tariffs
Major brokerages including Goldman Sachs and J.P.Morgan see more rate cuts by the U.S. Federal Reserve following President Donald Trump's latest tariffs.
March 20, 2025
Americas|Economy|Finance|Political
Brazil's gross debt hits 76.2% of GDP in February amid high interest costs
Brazil's public sector gross debt rose in February from the previous month, central bank data showed on Tuesday, driven by the country's heavy interest burden.
April 08, 2025
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
April 08, 2025
Business|Economy|Finance|Political|Stock Markets|US
Dow, S&P 500 end wild session lower, Trump digs in on tariffs
The S&P 500 and the Dow closed lower on Monday after a roller coaster session, with investors worried about an economic slowdown and rising inflation as
April 07, 2025
Americas|Asia|Business|Economy|Finance|Political|US|World
Trump leaves emerging market central banks with no clean choices
U.S.
April 07, 2025
Business|Economy|Finance|Stock Markets|US
Trump tariff tailspin worsens, Nasdaq confirms in bear market
Wall Street nosedived for a second straight day on Friday, confirming the Nasdaq Composite was in a bear market and the Dow Jones Industrial Average was in a correction, as
April 04, 2025
Business|Economy|Finance|Political|US
Fed seen waiting until June to start rate cuts, after big job gains last month
The Federal Reserve is seen waiting until June to start cutting interest rates after a government report showed stronger than expected jobs growth last month that eased concern about the
April 04, 2025
Business|Economy|Finance|Political|Stock Markets|US
One of the Fed's top recession alarms sends 2008-style signal
One of the Federal Reserve's preferred recession indicators has this week deteriorated as fast as it did in 2008, the latest sign that bond investors are bracing
April 04, 2025
Asia|Business|Economy|Finance|Political
BOJ may raise rates again, then pause, says ex-board member
The Bank of Japan may raise interest rates once more this year then pause, as U.S.
April 04, 2025
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
April 04, 2025
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,
April 03, 2025
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
April 03, 2025
Business|Economy|Finance|Stock Markets|US
US tariffs threaten growth shock, Goldman Sachs says
Goldman Sachs warned sweeping U.S. tariffs will weigh on global growth and prompt the Federal Reserve to cut interest rates more aggressively
April 03, 2025
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
April 03, 2025
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.
April 02, 2025
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
April 02, 2025
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
April 02, 2025
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
April 02, 2025
Americas|Business|Economy|Finance|Political
Brazil issues $352 million in new payroll loans under revamped rules
Brazil's presidential chief of staff said on Wednesday that 2 billion reais ($352.02 million) in new payroll-deductible loans for private-sector workers have already been issued
April 02, 2025
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.
April 01, 2025
Asia|Business|Economy|Finance
Chinese banks hike consumer loan rates in abrupt reversal as bad debt risks mount
Some Chinese banks have started raising interest rates amid growing bad consumer loans in a dramatic U-turn just weeks after slashing them to unprecedented
April 01, 2025
Asia|Business|Economy|Finance
BOJ's top economist appointed as executive director overseeing policy
The Bank of Japan's top economist, Koji Nakamura, was named new executive director overseeing monetary policy and financial markets on Tuesday, the central bank said
April 01, 2025
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
March 31, 2025
Australia|Business|Economy|Finance
Australia home prices hit new record in March after rate cut, CoreLogic data shows
Australia's property prices hit a record high in March after the first rate cut in over four years bolstered buyer sentiment, although it remains unclear if the upward momentum will
March 31, 2025
Business|Economy|Europe|Finance
German inflation falls, bolstering case for more ECB rate cuts
German inflation fell more than expected in March, data showed on Monday, bolstering the case for policymakers seeking further interest rate cuts at the European
March 31, 2025
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
March 31, 2025
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
March 31, 2025
Asia|Business|Economy|Finance
Markets brace for cut to BOJ's super-long bond buying
The Bank of Japan could take another key step toward diminishing its huge presence in the bond market next week, when it releases its bond-buying
March 28, 2025
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
March 28, 2025
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
March 28, 2025
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
March 28, 2025
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,
March 28, 2025
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
March 27, 2025
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
March 27, 2025
Asia|Business|Economy|Finance
RBI to cut rates again on April 9, then just once more in August
The Reserve Bank of India will cut interest rates at a second straight meeting on April 9, with just one more cut expected in August, which
March 27, 2025
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
March 27, 2025
Business|Economy|Finance|US
Bank of America mortgage applications jumped 80% in Q1, executive says
Bank of America saw an 80% jump in mortgage applications between January and March as buyers were tempted by increasing home inventory and lower long-term bond
March 27, 2025
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
March 27, 2025
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
March 27, 2025
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
March 27, 2025
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
March 27, 2025
Business|Economy|Europe|Finance
Euro zone lending growth accelerates further, ECB data shows
Euro zone lending growth accelerated further last month, suggesting that credit growth bottomed out in late 2024 and a mild expansion is now underway as interest rates fall,
March 27, 2025
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
March 26, 2025
Economy|Europe|Finance|Political
ECB must be pragmatic, data driven in setting rates, Panetta says
The European Central Bank must be pragmatic and data-driven in setting its interest rates, governing council member Fabio Panetta said on Wednesday in a letter to the Financial Times.
March 26, 2025
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
March 26, 2025
Asia|Business|Economy
BOJ's Ueda vows to raise rates if inflationary pressures broaden
The Bank of Japan must raise interest rates if persistent increases in food costs lead to broad-based inflation, Governor Kazuo Ueda said on Wednesday, signalling the
March 25, 2025
Americas|Business|Economy|Finance|Political
Brazil planning minister sees room for rate cuts in second half of year
Brazil Planning Minister Simone Tebet said on Tuesday that she believes that conditions should be in place for the central bank to deliver interest-rate cuts in the second half of
March 25, 2025
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%
March 25, 2025
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
March 24, 2025
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
March 24, 2025
Business|Economy|Finance|US
Morgan Stanley says Fed poised to regain positive cash flow
By Michael S.
March 24, 2025
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
March 24, 2025
Asia|Business|Economy|Finance
BOJ says to raise rates if price target to be achieved, despite losses on JGBs
Bank of Japan Governor Kazuo Ueda said on Monday the central bank will continue to raise interest rates if its underlying inflation target is likely to be achieved
March 24, 2025
Asia|Business|Economy
BOJ's message: Food inflation can't be ignored even as Trump tariffs raise risks
The Bank of Japan's meeting last week passed with no surprises, but for a careful BOJ watcher its message on the need to remain vigilant on food-driven inflationary
March 23, 2025
Economy|Finance|Political|US
Fed officials back cautious policy approach in light of economic uncertainty
By Michael S.
March 21, 2025
Business|Economy|Finance|Stock Markets|US
Dollar ends week higher versus euro as traders book gains
The dollar edged up against the euro on Friday, on pace for its first weekly gain this month, as investors booked profits from the euro's recent advance ahead
March 21, 2025
Asia|Business|Economy
China's central bank says it will boost forex market resilience
China's central bank will cut banks' reserve requirement ratio and interest rates at the "appropriate time" and strengthen the resilience of its forex market, it said on Friday
March 21, 2025
Business|Economy|Finance|World
Russia's central bank governor on rates, inflation, rouble, tariffs
Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank held its key rate at 21% as expected.
March 21, 2025
Business|Economy|Finance|US
Fed reports smaller loss on operations in 2024
By Michael S.
March 21, 2025
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
March 20, 2025
Asia|Business|Economy|Stock Markets|US
Stock market today: Wall Street edges lower despite solid data on the economy
U.S. stock indexes edged lower following another reminder that big, unsettling policy changes are underway because of President Donald Trump, along with more signals suggesting the U.S. economy remains solid for now
March 20, 2025
Asia|Business|Economy|Stock Markets
US stocks end down on economic worry; oil up on Middle East tensions
U.S. stocks posted modest losses and the dollar strengthened on Thursday as investors weighed solid data against notes of caution about trade from world central
March 20, 2025
Asia|Business|Economy|Finance|US
Dollar rises as Fed sees no rush to cut rates
The dollar appreciated broadly on Thursday, a day after the Federal Reserve indicated it was in no rush to cut interest rates further this year due to
March 20, 2025
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
March 20, 2025
Business|Economy|Europe|Finance|Stock Markets
UK stocks subdued after BoE highlights economic uncertainty
The FTSE 100 closed little changed on Thursday, after the Bank of England kept interest rates unchanged and warned against expectations of future cuts given an increasingly uncertain
March 20, 2025
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
March 20, 2025
Business|Economy|Europe|Finance|Stock Markets
European shares slip after global central banks flag economic uncertainty; Switzerland cuts rates
European shares closed lower on Thursday, after four sessions of gains, as investors booked some profits and assessed interest rate decisions by major
March 20, 2025
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
March 20, 2025
Africa|Business|Economy|Finance
South Africa pauses rate cuts as trade and budget risks overshadow low inflation
South Africa's central bank paused its rate-cutting cycle on Thursday as risks stemming from U.S.
March 20, 2025
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
March 20, 2025
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
March 20, 2025
Business|Economy|Finance|Political|US
Canada-US yield spreads turn a corner on trade war bets
The Canadian government bond market is unlikely to return to the record outperformance against U.S. bonds seen in February, as investors are now betting the trade
March 20, 2025
Business|Economy|Europe|Finance|Political
Bank of England set to sit tight on rates as uncertainty mounts
The Bank of England looks set to keep interest rates on hold on Thursday as it awaits the impact on the economy of U.S.
March 19, 2025
Australia|Business|Economy|Finance
Australia employment posts surprise fall in February but jobless rate still low
Australian employment unexpectedly fell in February to end a strong run of impressive gains, in a sign that the red-hot labour market could be finally loosening a
March 19, 2025
Business|Economy|Finance|Political|US
Trump says Fed would be better off cutting rates as tariffs 'transition' into economy
U.S. President Donald Trump on Wednesday said the Federal Reserve would be better off cutting rates "as U.S. tariffs start to transition (ease!)
March 20, 2025
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
March 20, 2025
Business|Economy|Finance|Stock Markets|US
Wall Street rallies after Fed keeps rates unchanged
U.S. stocks rallied on Wednesday after the Federal Reserve kept rates unchanged as widely expected, and the central bank and investors continue to gauge how
March 19, 2025
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
March 19, 2025
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
March 19, 2025
Business|Economy|Finance|Political|Stock Markets|US
Fed's balancing act gives respite to tariff-struck investors
Investors are taking some comfort from the U.S.
March 20, 2025
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.
March 20, 2025
Economy|Finance|Political|US
Fed in no rush to cut rates; Trump disagrees
The Trump administration's initial policies, including extensive import tariffs, appear to have tilted the U.S. economy toward slower growth
March 19, 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
March 18, 2025
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
March 19, 2025
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
March 19, 2025
Business|Economy|Finance|Political|US
Fed says it will slow balance sheet runoff process
By Michael S.
March 19, 2025
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
March 19, 2025
Americas|Business|Economy|Finance|Political|Stock Markets
TSX posts biggest gain in 7 months after Fed rate decision
Canada's main stock index rose to a near three-week high on Wednesday as energy and technology shares led a broad-based rally after the Federal Reserve was less hawkish than
March 19, 2025
Business|Economy|Finance|US
Fed leaves rates unchanged. But here are changes you can make to earn more on savings or pay less on debt
Fed leaves rates unchanged. But here are changes you can make to earn more on savings or pay less on debt
March 19, 2025
Asia|Business|Economy|Finance|Stock Markets|US
Stock market today: Wall Street rises ahead of Fed announcement
U.S. stock indexes are rising as Wall Street waits to hear what the Federal Reserve will say about where interest rates may be heading
March 19, 2025
Asia|Business|Economy|Finance|Stock Markets
Indonesia central bank holds rates amid market uncertainties
Indonesia's central bank kept policy rates unchanged for a second straight review on Wednesday, as expected, against a backdrop of turmoil in
March 19, 2025
Asia|Business|Economy|Finance
China set to keep lending rates steady on positive signs for economic recovery
China is expected to leave its benchmark lending rates unchanged on Thursday, a Reuters poll showed, as signs the economic recovery was gaining some momentum and persistently
March 19, 2025
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
March 18, 2025
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
March 19, 2025
Asia|Business|Economy
Bank of Korea's Chang says need to monitor household debt growth
A board member of South Korea's central bank said on Wednesday household debt growth could take centre stage in policy discussions again amid an
March 19, 2025
Asia|Business|Economy|Finance|US
BOJ keeps interest rates steady as widely expected
The Bank of Japan kept interest rates steady on Wednesday, underscoring policymakers' preference to spend more time gauging how mounting global economic risks from higher U.S.
March 19, 2025
Australia|Business|Economy|Finance
NZ economy to limp out of recession, backing case for more rate cuts
New Zealand’s economy likely crept out of recession in the fourth quarter but the overall growth impulse still remains weak, clearing the way for the central
March 18, 2025
Asia|Business|Economy|Finance|Stock Markets
Stock market today: Back down goes Wall Street as Big Tech resumes its slide
Wall Street swung back down, and its former superstars once again led the way
March 18, 2025
Americas|Business|Economy
Chile's economy slows in Q4 but full-year growth beats estimates
Chile's economy slowed in the fourth quarter of 2024 from the previous three months but gained steam compared to a year earlier and full-year growth exceeded official estimates,
March 18, 2025
Business|Economy|Finance|Stock Markets|US
TSX falls ahead of Fed rate decision as inflation heats up
Canada's main stock index fell on Tuesday as domestic data showed inflation heating up and investors awaited an interest rate decision by the U.S.
March 18, 2025
Business|Economy|Finance|Political|World
Putin urges officials not to freeze Russian economy in 'cryotherapy chamber'
Russian President Vladimir Putin urged his economic officials on Tuesday not to freeze the Russian economy as if it were in a "cryotherapy
March 18, 2025
Business|Economy|Finance|Stock Markets|US
Bond investors brace for US slowdown, shed risk as Fed seen on hold
Bond investors are bracing for a U.S. economic downturn, as they pare back risky exposures, while many are extending duration in their fixed-income
March 18, 2025
Business|Economy|Finance|Stock Markets|US
Tighter credit, slower spending by better-off households may further cloud Fed outlook
Tumbling stock markets and signs of tightening credit may make the Federal Reserve's job even more difficult this week as U.S. central bank policymakers try
March 18, 2025
Business|Economy|Finance|Stock Markets|US
Fed watchers see good chance of change in balance sheet drawdown
By Michael S.
March 18, 2025
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
March 18, 2025
Asia|Business|Economy
Bank of Korea board wary of faster loss of economic momentum, minutes show
Most of the Bank of Korea's board members assessed Asia's fourth largest economy was losing steam faster than expected due to sluggish domestic spending and uncertainties from U.S.
March 18, 2025
Australia|Business|Economy|Finance
Australia's central bank still more cautious than market on prospect of more rate cuts
Australia's central bank said on Tuesday it remained more cautious than the market about the prospects for further policy easing, after it cut interest rates for the
March 17, 2025
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.
March 14, 2025
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.
March 17, 2025
Asia|Business|Economy|Finance
Bank Indonesia to hold rates steady on March 19, cut in Q2: Reuters poll
Bank Indonesia will hold interest rates steady on Wednesday to protect the rupiah from further depreciation amid growing global trade tensions, but is expected
March 17, 2025
Asia|Business|Economy|Finance
China should choose 'right timing and strength' for monetary easing, state media says
SHANGHAI ((Reuters)) - China should choose the right timing and force in easing monetary policy, state media said on Saturday in the latest signal that further easing to boost the world's second-
March 15, 2025
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
March 14, 2025
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
March 14, 2025
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
March 14, 2025
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
March 14, 2025
Asia|Business|Economy|Finance|Political
BOJ to debate economic risks from Trump trade war, rates seen steady
The Bank of Japan is set to keep interest rates steady next week and discuss just how much of a risk the escalating U.S. trade war poses to the export-reliant economy
March 14, 2025
Economy|Europe|Finance|Political
No reasons for cutting Polish interest rates now, central bank chief says
Polish central bank Governor Adam Glapinski said on Thursday there were no reasons for cutting interest rates at the moment due to the outlook for inflation and he did not think
March 13, 2025
Asia|Business|Economy|Finance|Political
BOJ set to hold rates this month, hike to 0.75% in Q3, most likely July: Reuters poll
The Bank of Japan is expected to keep its key interest rate steady at its March 19 meeting, with over two-thirds of economists expecting a 25-basis-point hike to
March 13, 2025
Americas|Business|Economy|Finance|Political
Bank of Canada cuts rates by 25 bps, warns of tariff crisis
The Bank of Canada trimmed its key policy rate by 25 basis points on Wednesday to 2.75% and raised concerns about inflationary pressures and
March 12, 2025
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.
March 12, 2025
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
March 12, 2025
Asia|Business|Economy|Finance|Political
BOJ unfazed by rising bond yields, signals resolve to keep hiking rates
Bank of Japan Governor Kazuo Ueda on Wednesday took in stride recent rises in bond yields, saying they were a natural reflection of market expectations of future
March 12, 2025
Asia|Business|Economy
Japan's wholesale inflation hits 4%, keeps BOJ rate-hike bets alive
Japan's annual wholesale inflation hit 4.0% in February, data showed on Wednesday, underscoring pressure from rising raw material costs that will keep alive market
March 11, 2025
Americas|Business|Economy|Finance|Stock Markets
TSX hits 4-month low as investors price in slower economic growth
Canada's main stock index extended its recent declines on Tuesday, including losses for financial and consumer-related shares, as the implementation of U.S
March 11, 2025
Americas|Business|Economy
Brazil's industrial output undershoots forecasts, remains steady in January
Industrial production in Brazil remained unchanged in January from December, government statistics agency IBGE said on Tuesday, undershooting market forecasts as indicators
March 11, 2025
Asia|Business|Economy|Finance
BOJ to beef up scrutiny on impact of rising rates on banks, deposits
The Bank of Japan said it will increase scrutiny into how lenders are estimating the impact of rising interest rates on their profits in next fiscal year's on-site
March 11, 2025
Business|Economy|Finance|Political|Stock Markets|US
Fed to deliver rapid-fire rate cuts if economic downturn happens, traders bet
The Federal Reserve won't lower interest rates at its policy meeting next week, but could deliver the first of a set of rapid-fire reductions in borrowing costs in June if rising fears of
March 10, 2025
Australia|Business|Economy
Australian consumer confidence hits 3-year high in March, survey says
Australian consumer sentiment hit a three-year high in March as slowing inflation and the first interest rate cut in over four years helped lift the gloomy mood for consumers, a
March 10, 2025
Australia|Business|Economy
Australia business confidence falls in February despite interest rate relief, survey says
A measure of Australian business confidence fell back into negative territory in February despite some interest rate relief from the central bank, a survey showed on Tuesday,
March 10, 2025
Asia|Business|Economy|Finance
Japan downgrades Q4 GDP, US tariffs cloud outlook
Japan's economy expanded in the October-December quarter at a slower pace than initially reported, weighed by weaker consumption but still likely supporting the
March 10, 2025
Economy|Finance|MidEast|Political|World
Bank of Israel stays cautiously optimistic on inflation, rates outlook
Bank of Israel policymakers are cautiously optimistic that inflation will ease later in 2025 in the wake of uncertainty stemming from the effects of Israel's war
March 10, 2025
Business|Economy|Europe|Finance
ECB must remain open-minded on whether to keep cutting rates or pause, Kazimir says
There are still plenty of upside risks to euro zone inflation, so the European Central Bank must remain open-minded on whether to press ahead with interest rate cuts or pause
March 10, 2025
Asia|Business|Economy|Finance|MidEast
Pakistan unexpectedly halts easing cycle, keeping key interest rate at 12%
Pakistan's central bank unexpectedly halted its easing cycle on Monday, keeping its key policy rate at 12%, saying there could still be price risks including from an
March 10, 2025
Asia|Business|Economy|Finance|Political
Japan govt panel members urge vigilance on rising inflation, rate impact
Private-sector members of a key Japanese government panel on Monday urged policymakers to be vigilant to the risks of rising inflation hurting the economy as the
March 10, 2025
Business|Economy|Finance|Political|US
Fed Chair Powell signals possible tweaks to 'dot plot' rate-path forecasts
Federal Reserve Chair Jerome Powell on Friday signaled potential changes for the Fed's closely watched "dot plot" interest-rate projections as part of a
March 07, 2025
Business|Economy|Finance|Political|US
Fed's Kugler says rate policy likely on hold for some time
U.S. Federal Reserve Governor Adriana Kugler said on Friday that rising inflation risks argue for an extended period of steady central bank interest rate policy.
March 07, 2025
Business|Economy|Finance|Political|Stock Markets|US
Powell says Fed marking time to see economic impact of Trump policies
The U.S. central bank will be in no rush to cut interest rates while it waits for more clarity on how the policies of the new Trump administration affect the economy, Federal Reserve Chair
March 07, 2025
Economy|Finance|Political|US
Fed expected to cut rates in June as jobs data raises potential red flags
The Federal Reserve will head into its March 18-19 policy meeting with the labor market strong overall but showing some potential early signs of weakening, a development that could put the
March 07, 2025
Business|Economy|Finance|Political|US
Fed's Bowman signals she may pay more attention to job market in policy debates
Federal Reserve Governor Michelle Bowman, one of the U.S. central bank's most hawkish policymakers, on Friday signaled she may pay increasing attention to signals from the job market as
March 07, 2025
Business|Economy|Europe|Finance|Stock Markets
Nomura now expects only one ECB rate cut after policy meeting
Nomura now expects the European Central Bank to lower rates only once this year, diverging from most brokerages that still see at least two reductions, after the central bank signalled the
March 07, 2025
Economy|Europe|Finance|Political|Stock Markets
For markets, German fiscal splurge blurs ECB outlook
A tectonic shift in German fiscal policy has compounded uncertainty for traders trying to bet on how fast the European Central Bank will cut rates
March 06, 2025
Asia|Economy|Finance|Political
Japan ready to declare end to deflation, economy minister says
Japan has cleared the key threshold for the government to officially declare an end to long-term price deflation, economy minister Ryosei Akazawa said on Friday.
March 07, 2025
Asia|Business|Economy|Finance
Inflation risks may stir BOJ discussion of rate hike in May, sources say
Inflationary pressure from wage gains and prolonged rises in food costs could prompt Bank of Japan board members to discuss another interest rate
March 07, 2025
Business|Economy|Finance|US
Fed's Waller, leaning against March cut, sees easings later in year
By Michael S.
March 06, 2025
Business|Economy|Europe|Finance|Political
UK inflation hump unlikely to lead to long-term price pressures, BoE's Mann says
Bank of England policymaker Catherine Mann said on Thursday a pick up in inflation was unlikely to lead to longer-term price problems in Britain's economy, and that
March 06, 2025
Business|Economy|Europe|Finance
ECB governors see growing chance of April pause before cutting resumes, sources say
European Central Bank policymakers see a growing chance of a pause in their easing cycle at their next meeting before rates come down again, once they have greater clarity about
March 06, 2025
Business|Economy|Europe|Finance|Political
ECB cuts rates again but risk of April pause growing
The European Central Bank cut interest rates again on Thursday but warned of "phenomenal uncertainty" including the risk that trade wars and
March 05, 2025
Business|Economy|Europe|Finance|Political|US
European Central Bank cuts rates again as threat of trade war with Trump weighs on economy
The European Central Bank is cutting interest rates by a quarter percentage point, lowering credit costs for consumers and businesses to support an economy that is struggling to show solid growth
March 06, 2025
Business|Economy|Europe|Finance
ECB cuts rates for sixth time in face of economic upheaval
The European Central Bank cut interest rates for the sixth time in nine months on Thursday, sticking to its easing plan in the face of economic upheaval from an unfolding trade
March 06, 2025
Business|Economy|Europe|Finance|Political|Stock Markets
ECB cuts rates again, euro rallies
The European Central Bank cut interest rates as expected on Thursday and kept the door ajar to more, even as a looming trade war with the U.S. and plans to boost military spending
March 06, 2025
Business|Economy|Europe|Finance|Stock Markets
ECB's last easy decision
A look at the day ahead in European and global markets from Ankur Banerjee As trade tensions simmer and investors contend with Germany ripping up its fiscal rulebook, the European Central Bank is
March 06, 2025
Asia|Business|Economy|Finance
South Korea inflation softens in February for first time in 4 months
South Korea's consumer inflation softened in February for the first time in four months, government data showed on Thursday, providing at least some relief to policymakers looking to
March 06, 2025
Economy|Europe|Finance
Swiss inflation falls to lowest in nearly four years
Swiss inflation fell to its lowest level in nearly four years in February, government data showed on Wednesday, increasing the likelihood the Swiss central bank will cut rates later
March 05, 2025
Business|Economy|Europe|Finance
Rate cuts in Poland may start in the second half of 2025, says IMF representative
Monetary policy easing in Poland may begin in the second half of 2025, International Monetary Found (IMF) representative in Poland Geoff Gottlieb said on Wednesday during the
March 05, 2025
Business|Economy|Finance|Stock Markets|US
Parts of US Treasury market show concern about Fed rate-cutting pause
Parts of the U.S.
March 04, 2025
Asia|Business|Economy|Finance|Stock Markets
Traders place record bet on rising Japanese yen, eyeing further rate hikes
Speculators have mounted their biggest ever wager that the Japanese yen will continue to rise as they position for further Bank of Japan interest rate hikes, an
March 03, 2025
Economy|Europe|Finance|Opinion|Political|Stock Markets|US
ECB may stumble into stimulus
(Opinions expressed are those of the author.) By Mike Dolan A look at the day ahead in U.S. and global markets from Mike Dolan.
March 03, 2025
Business|Economy|Europe|Finance
Euro zone inflation ticks lower in boost to ECB rate cut bets
Euro zone inflation dipped a bit less than expected last month but its most closely watched component also dropped, sealing the case for another ECB interest
March 03, 2025
Business|Economy|Europe|Finance
Swiss central bank chief sticks with forex tool, unperturbed by Trump
The Swiss National Bank will not refrain from using interest rates and currency interventions to steer monetary policy despite the risk of being branded a "currency manipulator" by
March 01, 2025
Americas|Business|Economy|Finance|Political
Canada budget deficit over first nine months of 2024/25 at C$21.72 billion
Canada recorded a slight drop in its budget deficit to C$21.72 billion ($15.05 billion) for the first nine months of the 2024/25 fiscal year as government revenues increased
February 28, 2025
Business|Economy|Finance|Stock Markets|US
Inflation, growth may be in conflict but Fed seen restarting cuts in June
New data may point to emerging tension between the U.S.
February 28, 2025
Business|Economy|Political|US
US consumer spending posts first drop in almost two years
U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded
February 28, 2025
Economy|Finance|Political|US
Fed's Hammack eyes steady balance sheet cuts amid US government financial uncertainty
By Michael S.
February 28, 2025
Economy|Election|Europe|Finance|Political
Second Polish presidential candidate calls for lower rates
A centre-right candidate in Poland's presidential election on Friday became the second contender in the race to call for lower interest rates, after the central
February 28, 2025
Business|Economy|Europe|Finance
Softer inflation, weak growth bolster case for ECB rate cuts
Euro zone inflation prospects improved while growth remained anaemic, fresh data showed on Friday, solidifying the case for further ECB rate cuts to stimulate an economy that has
February 28, 2025
Business|Economy|Finance|MidEast|World
Turkey's economy grows 3.2% in 2024, exceeding forecast
Turkey's economy grew 3.0% year-on-year in the fourth quarter of 2024, bringing full-year growth to 3.2%, official data showed on Friday, exceeding forecasts
February 28, 2025
Asia|Business|Economy|Finance
Chinese banks heed PBOC call to cut dollar deposit rates, say sources
China's banks are cutting the interest rates offered on U.S. dollar deposits after being asked to do so by the central bank, possibly to curtail dollar hoarding and also prop up a
February 28, 2025
Americas|Business|Economy|Finance|Stock Markets
TSX hits near 6-week low as trade tensions rise
Canada's main stock index fell on Thursday to a near six-week low as escalating global trade tensions fueled risk-aversion and despite stronger-
February 27, 2025
Africa|Asia|Economy|Finance
BOJ chief warns of strong global uncertainty due to US tariffs
Bank of Japan Governor Kazuo Ueda on Thursday warned of "very strong" uncertainty on the global economic outlook that required vigilance in setting monetary policy
February 27, 2025
Business|Economy|Finance|US
Fed's Hammack says rates likely on hold for some time
By Michael S.
February 27, 2025
Business|Economy|Europe|Finance|Political
ECB to cut rates again on March 6 as focus turns to growth: Reuters poll
The European Central Bank will trim its deposit rate again next week to 2.50%, according to all 82 economists polled by Reuters who expected two further cuts by
February 27, 2025
Business|Economy|Europe|Finance
ECB accounts show lingering inflation worries
Euro zone inflation was heading back to target but there were still some worries about it, warranting caution in signalling further policy easing, the European Central Bank
February 27, 2025
Economy|Finance|Political|US
Rise in US inflation expectations means Fed has to stay on guard, Schmid says
Recent surveys showing a rise in consumer inflation expectations mean the U.S. central bank needs to keep its focus on ensuring price pressures are fully
February 27, 2025
Americas|Business|Economy|Finance|Stock Markets
CIBC quarterly profit rises on capital markets strength
Canadian Imperial Bank of Commerce reported a rise in first-quarter profit on Thursday, helped by strength in its capital markets unit.
February 27, 2025
Business|Economy|Finance|Stock Markets|US|World
America First? Not when it comes to stock markets worldwide this year
When it comes to stock markets around the world, this year has clearly not been “America First.”
February 25, 2025
Australia|Business|Economy|Finance
RBA needs to see more positive news on inflation before cutting again
Australia's central bank needs to see more positive news on inflation before cutting interest rates again, a top central bank official said on Thursday.
February 26, 2025
Australia|Business|Economy|Finance
New Zealand home prices forecast to rise 5.0% in 2025 as interest rates fall: Reuters poll
New Zealand home prices are expected to rise modestly this year and next following a decline in 2024, according to a Reuters poll of housing experts who
February 26, 2025
Africa|Asia|Business|Economy|Finance
Japan's top currency diplomat sees no disparity between yen rise, solid economy
Japan's top currency diplomat, Atsushi Mimura, said on Wednesday he did not see any disparity between recent rises in the yen and a slew of positive economic data
February 26, 2025
Americas|Business|Economy|Finance|Political
Brazil's public debt falls in January, softer US trade stance flattens yield curve
Brazil's federal public debt declined in January, marked by softer signals on U.S. trade policy under President Donald Trump that boosted emerging markets, pushing local interest
February 26, 2025
Africa|Economy|Finance
South Africa inflation edges up in first release since basket update
South African inflation edged up in January in the first release since the statistics agency updated its consumer price basket, but the headline rate
February 26, 2025
Business|Economy|Finance|Political|US
Fed seen resuming rate cuts in June as consumer confidence takes a dive
The Federal Reserve is likely to resume cutting interest rates in June and could reduce short-term borrowing costs again in September, traders bet on Tuesday as they took on board the
February 25, 2025
Asia|Business|Economy|Finance|Stock Markets
Bond yields slide as US growth fears, tech rout snowball
A look at the day ahead in Asian markets. Is the U.S. economy beginning to roll over?
February 25, 2025
Asia|Business|Economy|Finance|Stock Markets|US
Stock market today: Wall Street falls as US consumers get more pessimistic about inflation, tariffs
Wall Street fell further from its record as worries worsen among U.S. consumers about inflation and tariffs
February 25, 2025
Business|Economy|Finance|Stock Markets|US
Fed expected to respond strongly to inflation, job market conditions, research shows
Investors and economists expect the U.S. central bank to respond "strongly and systematically" to changes in inflation and the labor market, according to research published
February 24, 2025
Business|Economy|Finance|Stock Markets|US
Home Depot forecasts surprise drop in annual profit as demand wavers
Home Depot forecast a surprise drop in 2025 profit on Tuesday as the company grapples with a weak housing market and high interest rates that are making U.S. consumers
February 25, 2025
Economy|Finance|Political|US
Fed's Barkin: Uncertainty warrants a cautious approach to monetary policy
Richmond Federal Reserve President Tom Barkin said on Tuesday he will follow a wait-and-see approach regarding central bank interest rate policy
February 25, 2025
Business|Economy|Finance|US
US bank profits climb as regulator adjusts 'problem bank' tracking
U.S. banking sector profits rose 2.3% to $66.8 billion in the fourth quarter of 2024, a bank regulator reported on Tuesday, as it also announced moves to
February 25, 2025
Business|Economy|Europe|Finance
ECB's Nagel sees more rate cuts as inflation outlook encouraging
The European Central Bank has room to cut its interest rates further if inflation eases to its 2% goal this year as it expects, ECB policymaker Joachim Nagel said on Tuesday,
February 25, 2025
Business|Economy|Europe|Finance
ECB rates no longer a material drag on growth, Schnabel says
The European Central Bank interest rate that neither slows nor spurs growth has climbed in the past two years, and it's no longer clear the current 2.75% rate is still holding
February 25, 2025
Economy|Finance|Political|US
Head of Fed-watchdog task force in Congress plans broad US central bank review
The head of a new congressional panel gearing up to strengthen Capitol Hill's oversight of the Federal Reserve plans a broad review of how the U.S. central
February 25, 2025
Asia|Business|Economy
Bank of Korea cuts rates to bolster growth, lowers GDP forecast
The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday, steering Asia's fourth-largest economy
February 25, 2025
Business|Economy|Finance|Political|US
BofA CEO expects Fed to hold on rates, urges simpler regulation
Bank of America expects the Federal Reserve to hold interest rates steady this year and into next year, CEO Brian Moynihan said on Tuesday.
February 25, 2025
Business|Economy|Political|US
Fed needs more clarity before it can go back to cutting rates, says Goolsbee
Chicago Federal Reserve Bank President Austan Goolsbee on Monday said the U.S. central bank is currently in a "wait-and-see" mode and needs more clarity on the total economic impact of the
February 25, 2025
Asia|Business|Economy
Japan's corporate service inflation accelerates to 3.1% y/y in January
A leading indicator of Japan's service-sector inflation in January accelerated to 3.1% from a year earlier as prices for a wide range of services continued to rise, keeping alive
February 25, 2025
Business|Economy|Europe|Finance|Political
Bank of England's Dhingra says policymakers divided over rate-cut pace
Bank of England policymakers do not have a consensus about how fast the central bank should cut interest rates, even though they all agreed to use the word "gradual
February 24, 2025
Business|Economy|Finance|MidEast
Bank of Israel holds rates but leaves hope for cuts this year
The Bank of Israel kept short-term interest rates unchanged for a ninth straight meeting on Monday, but held out the prospect for further easing this year should
February 24, 2025
Business|Economy|Europe|Finance|Political
ECB's Wunsch warns of risk of 'sleepwalking' into excessive rate cuts, FT reports
European Central Bank policymaker Pierre Wunsch said the euro zone faces the risk of "sleepwalking" into excessive interest rate cuts and must be prepared to stop soon, the Financial Times
February 24, 2025
Asia|Business|Economy|Finance|Stock Markets
BOJ isn't fretting much about rising bond yields - for now
Investors in Japan's government bond market are getting a glimpse of life without heavy intervention by the Bank of Japan, which is showing little sign of reverting to
February 21, 2025
Business|Economy|Europe|Finance|Political
Hungary's Orban launches tax exemption for mothers, cap on housing loan rates
Hungarian Prime Minister Viktor Orban announced an income tax exemption for mothers of two or three children and said he would cap interest rates on housing loans at 5% from April
February 22, 2025
Economy|Finance|MidEast|Political
Tunisian president calls for amendments to central bank law
Tunisian President Kais Saied on Saturday called for the law governing the central bank to be amended, raising concerns the lender will lose its independence and of
February 22, 2025
Economy|Europe|Finance|Political
Hungary ruling party to tap former rate-setter Mager as central banker -sources
Hungarian Prime Minister Viktor Orban's ruling Fidesz party will nominate former rate-setter Andrea Mager to succeed outgoing policy maker Gyula Pleschinger
February 21, 2025
Americas|Business|Economy|Finance
Brazil's central bank director says rates will be adjusted as needed after March
Brazil's central bank is convinced that monetary policy is more restrictive than normal given its guidance for an upcoming interest rate hike, and will adjust it
February 21, 2025
Asia|Business|Economy
Philippine central bank cuts banks' reserve requirements, effective from late March
The Philippine central bank on Friday said it was reducing the reserve requirement ratio (RRR) for banks by 200 basis points from late March.
February 21, 2025
Asia|Business|Economy|Finance|Political
BOJ could raise interest rates in March, says ex-policymaker Shirai
The Bank of Japan may raise interest rates in March if U.S.
February 21, 2025
Asia|Business|Economy|Finance
Japan's core inflation hits 19-month high, keeping alive BOJ rate-hike bets
Japan's core consumer inflation hit 3.2% in January for its fastest pace in 19 months, data showed on Friday, reinforcing expectations that the central bank will keep
February 20, 2025
Business|Economy|Finance
RBNZ chief economist says data consistent with pick-up in economy
High-frequency data is consistent with the central bank's view that New Zealand's economy bottomed out in the middle of 2024 and started to slowly pick up in
February 21, 2025
Australia|Business|Economy|Political
Australia's central bank cautious on rate cuts, all depends on data
Australia's central bank is cautious about cutting rates further given cost pressures in a hot labour market, but it will respond if
February 21, 2025
Business|Economy|Finance|Political|US
Fed should hold policy rate steady for 'some time,' Kugler says
Federal Reserve Governor Adriana Kugler on Thursday said she believes the U.S. central bank should leave its target for short-term borrowing costs in its current 4.25%-4.50% range, where
February 20, 2025
Business|Economy|Finance|Political|US
Fed officials flag rising inflation risks, Trump policy uncertainty
Federal Reserve officials are taking note of what they see as rising inflation risks and the uncertain impact of President Donald Trump's trade, immigration and other
February 20, 2025
Economy|Finance|MidEast|Political
Bank of Israel to hold rates again after inflation spike: Reuters poll
The Bank of Israel is expected to leave short-term interest rates unchanged at a policy meeting next week after inflation spiked in January, although analysts
February 20, 2025
Business|Economy|Europe|Finance|US
US companies swap dollar bonds into euros to lower funding costs
U.S. companies with overseas operations are taking advantage of lower rates in euros to slash their debt funding costs and soften the blow of
February 20, 2025
Asia|Business|Economy|Finance|Stock Markets
Investors target Japan bank shares in bet on rising BOJ rates
Japanese bank shares have become highly popular with investors betting on rising Bank of Japan interest rates as uncertainty over the
February 20, 2025
Asia|Business|Economy|Finance
BOJ to raise rates once more this year to 0.75%, most likely in Q3 - Reuters poll
The Bank of Japan will hike interest rates only once more this year, most likely during the third quarter to 0.75%, according to a majority of economists in a
February 20, 2025
Australia|Economy|Finance
Australia jobless rate rises in January even as employment booms
Australia's unemployment rate ticked higher in January even though job creation handily outpaced forecasts, data showed on Thursday, a mixed outcome that does little to
February 20, 2025
Australia|Business|Economy|Finance
Australia's ANZ's impaired assets rise in the first quarter, shares fall
ANZ Group, Australia's fourth-biggest lender, said on Thursday that asset impairments jumped to their highest levels since 2021 in the first quarter, driven primarily by
February 19, 2025
Business|Economy|Finance|Political|World
RBNZ Governor Orr says New Zealand is in a low and stable inflation environment
Reserve Bank of New Zealand Governor Adrian Orr said on Thursday that New Zealand was now in an environment of low and stable inflation but warned the volatile
February 19, 2025
Business|Economy|Finance|Stock Markets|US
S&P 500 ekes out all-time closing high as Fed minutes eyed
The S&P 500 squeaked past its previous record closing high on Tuesday at the top of a holiday-shortened week, with earnings season winding down, U.S.
February 18, 2025
Americas|Business|Economy|Finance
Bank of Mexico sees recession possibility, halves 2025 growth view
The Bank of Mexico on Wednesday halved its growth forecast for the Mexican economy this year and even sees a possibility it will slide into a recession,
February 19, 2025
Economy|Finance|Political|US
Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged
February 19, 2025
Asia|Business|Economy|Finance
HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns
HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut long-term costs
February 19, 2025
Asia|Business|Economy|Finance
Bank Indonesia pauses easing cycle, but says more cuts to come
Indonesia's central bank kept interest rates steady on Wednesday, emphasizing its focus on stabilising the rupiah currency amid global
February 19, 2025
Asia|Business|Economy|Political
Thai industrial sentiment hits 10-month high, but trade risks a concern
A Thai industry body said it wanted more government support to counter global trade risks even as data on Wednesday showed
February 19, 2025
Asia|Business|Economy|Finance
BOJ policymaker calls for more rate hikes, warns of inflation risk
The Bank of Japan must raise interest rates more as keeping them at current low levels could cause excessive risk-taking and push up inflation too much, its board
February 19, 2025
Asia|Business|Economy|Finance|Stock Markets
Rate decisions roll in, markets hold firm at highs
A look at the day ahead in Asian markets.
February 18, 2025
Asia|Business|Economy|Finance|US
US dollar gains vs major currencies as Russia-Ukraine peace talks stall
The U.S. dollar strengthened against major currencies on Tuesday, led by gains versus the euro, driven by safe-haven bids amid tariff worries and
February 18, 2025
Business|Economy|Election|Finance|Political
Itau chief economist calls for Brazil to reinstate spending cap
The chief economist at Brazilian bank Itau, the nation's largest private lender, urged whoever wins next year's presidential elections to reinstate a spending cap
February 18, 2025
Business|Economy|Finance|US
Fed policy should stay restrictive until there's more inflation progress: Daly
San Francisco Federal Reserve Bank President Mary Daly on Tuesday said that while there is no reason to be discouraged about bumpy and sometimes imperceptible progress toward 2% inflation,
February 18, 2025
Asia|Business|Economy|Finance
BOJ may raise rates twice more this year, underpin yen, says ex-FX diplomat Watanabe
The Bank of Japan could raise interest rates twice more this year if inflation stays around current levels, which would help prevent the yen from
February 18, 2025
Australia|Economy|Election|Finance|Political
Australia's central bank cuts rates, cautious on further easing
Australia's central bank cut rates for the first time in more than four years on Tuesday but warned it was too early to declare victory over inflation
February 18, 2025
Australia|Business|Economy|Finance
Aussie "Big Four" banks cut rates, mirroring central bank
Australian "Big Four" lenders cut their interest rates by 25 basis points on Tuesday, in tandem with the central bank cutting its rates for the first time since November 2020.
February 18, 2025
Australia|Business|Economy
Australia central bank cuts inflation forecast, labour market still tight
Australia's central bank expects underlying inflation to fall faster than previously projected as it downgraded the economic outlook, although a still
February 18, 2025
Americas|Business|Economy|Finance
Brazil central bank director reiterates upcoming 100 basis-point hike
Brazil's central bank monetary policy director Nilton David said on Monday that the base scenario for policymakers is to proceed with an upcoming 100 basis-point interest
February 17, 2025
Business|Economy|Finance|Political|US
Fed's Harker supports steady interest rate policy stance for now
By Michael S.
February 17, 2025
Business|Economy|Finance|Political|US
Fed's Bowman: Greater confidence in falling inflation needed before more cuts
Federal Reserve Governor Michelle Bowman said on Monday she wanted increased conviction that inflation will decline further this year before lowering
February 17, 2025
Business|Economy|Europe|Finance
Bank of England's Bailey says inflation is slowing, 2025 jump will not last
Bank of England Governor Andrew Bailey said in an interview published on Monday that inflation was slowing and an expected pick-up in price growth later this year was unlikely to
February 17, 2025
Asia|Business|Economy|Finance
Japan braces for BOJ to lift rates sooner and higher
Hawkish comments from the Bank of Japan and sticky inflation are lifting bond yields to multi-year highs and pushing forward rate hike expectations, shaking long-held
February 17, 2025
Asia|Economy|Europe|Finance|Political|Stock Markets|Technology
Hey, Asia has tech shares too
A look at the day ahead in European and global markets from Wayne Cole. It's been a mostly upbeat start to the week for Asian shares, even though a holiday in U.S. markets has thinned liquidity.
February 17, 2025
Business|Economy|Finance|Stock Markets|US
Why forecasters stand firm on shifting economic sands: McGeever
In a world where information, money and asset prices move faster than at any time in history, one key element of financial markets remains resolutely
February 13, 2025
Business|Economy|Finance|US
Next week: Housing starts, Fed minutes and Walmart earnings
The Commerce Department on Wednesday reports on housing starts for January and the Federal Reserve releases minutes from its most recent policy meeting
February 14, 2025
Economy|Europe|Finance
Swiss National Bank generation change does not alter policy, board member says
The generational change at the top of the Swiss National Bank does not alter its commitment to low inflation, governing board member Petra Tschudin said in an interview published on
February 14, 2025
Australia|Business|Economy|Finance
RBNZ to cut rates by another 50 bps on February 19 on growth concerns: Reuters poll
New Zealand's central bank will follow through on plans to cut interest rates more with a 50 basis-point reduction on Wednesday to 3.75%,
February 13, 2025
Business|Economy|Finance|Political|Stock Markets|US|World
Wall Street ends higher after Trump unveils tariff plan
The S&P 500 ended higher on Thursday, lifted by gains in Nvidia, Apple and Tesla, after U.S.
February 13, 2025
Business|Economy|Europe|Finance
ECB can keep cutting rates even if Fed takes it slow, Vujcic says
The European Central Bank could cut interest rates three more times this year even if its U.S. counterpart moves more slowly but policy easing is predicated on a
February 13, 2025
Asia|Business|Economy|Finance
Most economists expect BOJ to hike rates in latter half of 2025, survey shows
Most economists expect the Bank of Japan to raise short-term interest rates again in the latter half of this year, a monthly survey on economists conducted by private think tank
February 13, 2025
Business|Economy|Finance|US
Fed seen on hold until September, with rising bets on earlier rate cut
The Federal Reserve will likely wait until September before cutting its policy rate, traders bet on Thursday, as data kept alive worries over elevated inflation and a decline
February 13, 2025
Business|Economy|Finance|Stock Markets|US
US producer inflation trends higher; labor market remains stable
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the
February 13, 2025
Business|Economy|Europe|Finance
Bank of England's Pill 'cautious' about further rate cuts
The Bank of England needs to move cautiously with cutting interest rates because the long process of wrestling down inflation is not yet
February 13, 2025
Asia|Business|Economy|Finance
Japan's wholesale inflation jumps, reinforcing BOJ rate-hike bets
Japan's annual wholesale inflation jumped to a seven-month high of 4.2% in January and accelerated for the fifth straight month, highlighting persistent price
February 13, 2025
Business|Economy|Finance|US
December wholesale prices up a hot 0.4% as fight against inflation appears to have stalled
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting expectations for lower interest rates this year
February 13, 2025
Economy|Finance|Political|US
The latest inflation report shows that high prices are Trump's major economic challenge
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he expected
February 13, 2025
Asia|Economy|Finance|Political|Stock Markets
Ukraine ceasefire hopes soften US inflation blow
A look at the day ahead in Asian markets.
February 12, 2025
Economy|Finance|Political|US
US inflation jump puts Fed officials on notice as Powell testifies
Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives and the public that they may be
February 12, 2025
Business|Economy|Finance|Political|Stock Markets|US
Hotter January inflation jolts markets, dimming rate cut hopes
Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner the Federal
February 12, 2025
Business|Economy|Finance|Political|US
Trump says lower interest rates would go hand-in-hand with tariffs
President Donald Trump on Wednesday said that interest rates should be lowered and that would go "hand in hand" with his upcoming tariffs, despite economists' expectations that tariffs
February 12, 2025
Business|Economy|Finance|Political|US
Powell says Trump's comments won't affect interest rate decisions by the Fed
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions
February 12, 2025
Business|Economy|Finance|Stock Markets|US
Hot Jan US CPI surprise argues for Fed staying in neutral
The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing
February 12, 2025
Business|Economy|Finance|Political|Stock Markets
India's new cenbank chief joins Modi's effort to regain lost growth
India's new central bank chief Sanjay Malhotra is likely to take a growth-supportive approach over the next few months, as he joins Prime Minister
February 12, 2025
Economy|Finance|Political|Stock Markets|US
Powell says there's no rush to ease more given strong economy
The U.S.
February 11, 2025
Business|Economy|Finance|Political|US
Fed's Hammack sees need to hold rates steady for some time
Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday the need to get inflation back to target will keep monetary policy on pause for now.
February 11, 2025
Business|Economy|Europe|Finance
Bank of England's Mann says no to 'cut, cut, cut' on rates
Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in interest rates last week did not mean she
February 11, 2025
Business|Economy|Finance|Political|US
Key takeaways from Fed Chair Jerome Powell’s congressional hearing
Key takeaways from Fed Chair Jerome Powell’s congressional hearing
February 11, 2025
Economy|Finance|Political|Stock Markets|US
Why a clash between President Trump and Fed Chair Jerome Powell looks inevitable
A fight is brewing between President Trump and Fed Chief Jerome Powell over the Federal Reserve’s unwillingness to aggressively cut interest rates. CNN's Matt Egan talks to AGF Investment's Greg Valliere about why the tension could begin to unnerve the markets.
February 11, 2025
Economy|Finance|Political|US
Fed chair says bank accounts 'safe' despite Trump's teardown of consumer protection agency
Federal Reserve Chair Jerome Powell says Americans’ bank accounts are safe despite the Trump administration’s shutdown of a consumer financial regulatory agency
February 10, 2025
Business|Economy|Europe|Finance|Political
Bank of England's Mann sees consumer pricing near target in year ahead, FT reports
Bank of England policymaker Catherine Mann said companies will struggle to raise prices this year as consumers are hit by job losses and spending softens, the Financial Times reported on
February 11, 2025
Business|Economy|Finance|Political|US
Fed hawks and doves: what US central bankers are saying
U.S. central bankers paused interest-rate cuts at their January 28-29 meeting, noting bumpy progress toward their 2% inflation goal, a still-strong labor market, and a lot of uncertainty
January 15, 2025
Australia|Business|Economy|Finance|Stock Markets
Valuation risks loom large over Australia's top bank CBA's first-half earnings
Commonwealth Bank of Australia's strong asset quality is expected to help the lender deliver marginal cash earnings growth in the first half, though analysts believe its
February 10, 2025
Australia|Business|Economy|Finance
Australian consumers stay cautious in February, survey says
Australian consumer sentiment remained in the doldrums in February, a survey showed on Tuesday, failing to benefit from slowing inflation or speculation about an imminent cut in
February 10, 2025
Business|Economy|Finance|Political|US
Fed to wait for months on next rate cut as tariffs risk inflation flare up- Reuters poll
Faced with the threat of rising inflation, the U.S.
February 11, 2025
Business|Economy|Finance|Stock Markets|US
Brokerages stick to slower pace of Fed rate cut forecasts ahead of payrolls data
Most brokerages continue to expect a slower pace of interest rate cuts from the U.S.
November 07, 2024
Americas|Business|Economy|Finance
Bank of Mexico's governor says inflation fight enters new phase
Mexico's inflationary environment is expected to allow policymakers to keep cutting the benchmark interest rate, the head of the Bank of Mexico told Reuters
February 10, 2025
Business|Economy|Finance|Stock Markets|US
Fed nears QT crossroads as 'excess liquidity' evaporates: McGeever
A key measure of excess liquidity in the financial system is evaporating rapidly.
February 07, 2025
Economy|Finance|Political|Stock Markets|US
Fed officials see healthy jobs market, no rate-cut rush
Federal Reserve officials on Friday said the U.S. job market is solid and noted the lack of clarity over how President Donald Trump's policies will affect economic growth and
February 07, 2025
Business|Economy|Finance|Stock Markets|US
Traders now see just one Fed rate cut this year
Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one time this year, backing away from earlier bets on two rate cuts starting
February 07, 2025
Americas|Business|Economy|Finance
Canada's economy adds 76,000 jobs in January
Canada's economy added 76,000 jobs in January and the jobless rate edged down to 6.6%, Statistics Canada data showed on Friday.
February 07, 2025
Business|Economy|Europe|Finance
Stronger wage growth justifies caution on rates, says BoE's Pill
Bank of England Chief Economist Huw Pill said on Friday that an expected rise in inflation this year would probably not lead to second-round price
February 07, 2025
Americas|Economy|Finance
Mexico inflation slows in January as central bank steps up rate cuts
Mexico's annual inflation rate slowed slightly more than expected in January, official data showed on Friday, after the central bank accelerated the pace of its interest rate
February 07, 2025
Economy|Europe|Finance
ECB still has several rate cuts to go before hitting 'neutral' level, paper finds
The European Central Bank may still be several interest rate cuts away from the level where it stops holding back economic growth, it said in a paper on Friday, though it
February 07, 2025
Economy|Finance|MidEast|World
Turkish central bank says rate cuts 'not on autopilot', lifts inflation forecast
Turkey's central bank governor Fatih Karahan said on Friday the bank is "not on autopilot" after two straight interest rate cuts and its
February 07, 2025
Asia|Business|Economy|Finance
Singapore banks to post higher Q4 profit, but Trump tariffs could hurt 2025 growth
Singaporean banks are set to report stronger profits for the fourth quarter, but growth could take a hit this year as U.S.
February 07, 2025
Asia|Business|Economy|Finance
IMF expects BOJ to raise rates again this year, eye neutral level by end-2027
The Bank of Japan is likely to raise interest rates again this year and see borrowing costs reach levels deemed neutral to the economy by the end of 2027, a senior
February 07, 2025
Business|Economy|Europe|Finance
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate for the third time in six months
February 06, 2025
Asia|Business|Economy|Finance
IMF warns Japan of spillovers from rising foreign market volatility
Japan should be on alert for any spillover effects from rising foreign market volatility that could affect liquidity conditions for its financial institutions, the
February 07, 2025
Asia|Business|Economy
Japan's household spending beats forecast, but recovery fragile
Japanese household spending rose for the first time in five months in year-on-year terms in December and at a much faster-than-expected pace, but the government
February 07, 2025
Economy|Finance|US
Dallas Fed's Logan signals rate cuts require US labor market cooling
(Rueters) - Dallas Federal Reserve Bank President Lorie Logan on Thursday signaled she was ready to keep interest rates on hold for "quite some time" even if inflation drops closer to the Fed's 2%
February 06, 2025