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
Economy|Finance|Political|US
Fed's Hammack eyes steady balance sheet cuts amid US government financial uncertainty
By Michael S.
February 28, 2025interest rates
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
Asia|Business|Economy
BOJ's fresh take on labour crunch opens door for more rate hikes
The Bank of Japan is increasingly blaming chronic labour shortages, not stagnant demand, as the main reason for its weak economic activity, a justification it may use
February 06, 2025
Business|Economy|Finance|Political|US
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
February 06, 2025
Business|Economy|Finance|Stock Markets|US
Principal Financial's Q4 profit climbs on strength in specialty benefits business
Principal Financial Group reported an increase in fourth-quarter profit on Thursday, helped by higher premiums and fees in its specialty benefits business.
February 06, 2025
Asia|Business|Economy|Finance|Stock Markets
India eyes historic rate cut, global easing momentum mounts
A look at the day ahead in Asian markets.
February 06, 2025
Business|Economy|Finance|US
Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach
A full-employment economy with solid growth and falling inflation will let the U.S.
February 06, 2025
Business|Economy|Finance|Political|US
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market constraints that could impede President
February 06, 2025
Asia|Business|Economy|Finance|Stock Markets
Yen hits 8-week high, sterling drops after Bank of England rate cut
The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated continued interest rate hikes, while sterling
February 06, 2025
Business|Economy|Europe|Finance|Stock Markets
Bank of England cut rates again, sterling falls
The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp upward revision to its inflation forecasts for this year will prove temporary.
February 06, 2025
Business|Economy|Finance|Stock Markets|US
Equifax reports Q4 revenue below estimates on slower hiring, shares fall
Credit ratings firm Equifax's fourth-quarter revenue fell short of estimates, hurt by a weaker hiring market and slower-than-expected mortgage growth as interest rates remain elevated,
February 06, 2025
Americas|Business|Economy|Finance
Mexico headline inflation likely fell again January: Reuters poll
Mexico's annual inflation rate likely slid to its lowest level in four years in January, a Reuters poll of analysts predicted on Thursday, boosting bets the central bank will
February 06, 2025
Business|Economy|Europe|Finance|Political
Bank of England cuts rates and growth outlook, sees inflation 'bump'
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would
February 06, 2025
Business|Economy|Europe|Finance|Stock Markets
Focus swings back to rate moves, company earnings
A look at the day ahead in European and global markets from Rae Wee Investors in Europe will wake up to an action-packed Thursday spanning a rate decision from the Bank of England (BoE) and a flurry
February 06, 2025
Business|Economy|Europe|Political
Europe could be a big loser in US-China trade war, ECB warns
European Central Bank interest rates have room to fall further as inflation moderates, ECB board member Piero Cipollone said, warning that
February 06, 2025
Business|Economy|Finance|US
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective home shoppers getting into the market before the busy spring homebuying season starts
February 06, 2025
Business|Economy|Europe|Finance|Political
Bank of England poised to cut rates but inflation worries linger
The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the COVID-19 pandemic in 2020, as it
February 06, 2025
Business|Economy|Europe|Finance
Czech central bank cuts key interest rate to 3.75% as inflation stays higher than expected
The Czech Republic’s central bank has cut its key interest rate again amid higher than expected inflation
February 06, 2025
Asia|Business|Economy
Hawkish BOJ policymaker urges raising rates to at least 1%
The Bank of Japan must raise interest rates to at least 1% by the second half of the fiscal year beginning in April, hawkish board member
February 06, 2025
Business|Economy|Europe|Finance|Political
ECB's Centeno hopes key interest rate will drop to 2% sooner, not later
The European Central bank may need to cut interest rates below a neutral level to stimulate economic growth as inflation is at risk of falling
February 05, 2025
Business|Economy|Finance|Stock Markets|Technology|US|World
Alphabet flubs, Yen surges, China returns
A look at the day ahead in U.S. and global markets from Mike Dolan As the week's tariff rollercoaster levels out a bit, Wall Street stocks are tilting lower again - clouded by a poor reception for
February 05, 2025
Economy|Europe|Finance|Political
ECB's de Guindos says how low rates go depends on inflation development
Inflation is approaching the European Central Bank's 2% target, and how much lower the rates will go depends on data confirming inflation is converging towards that target in a
February 05, 2025
Asia|Business|Economy
BOJ keeps up rate-hike signal as wages rise
The Bank of Japan will continue to raise interest rates if underlying inflation accelerates toward its 2% target as projected, a senior central bank official said on
February 05, 2025
Asia|Business|Economy|Finance
Philippine central bank to take 'measured approach' in easing as inflation steadies
The Philippine central bank will take a "measured approach" in easing policy rates, it said on Wednesday, as annual inflation held steady at 2.9% in January,
February 05, 2025
Business|Economy|Finance|US
Fed's Jefferson: Rates likely to fall over medium term
The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said on Tuesday, reiterating the U.S. central
February 05, 2025
Americas|Business|Economy|Finance
Brazil 2025 public debt seen rising by double-digits, rate-linked bonds soar
Brazil's Treasury on Tuesday estimated that federal public debt will rise up to 16% this year, as bonds linked to the benchmark interest rate potentially exceed
February 04, 2025
Americas|Business|Economy
Brazil's central bank sees economic cooling as key, flags fiscal and FX risks
Brazil's central bank on Tuesday stressed that cooling economic activity is crucial for bringing inflation to target, while labeling the unanchoring of inflation
February 04, 2025
Asia|Business|Economy|Political
Bank of Korea board members open to near-term rate cut, see headwinds from US policies -minutes
A voting board member, Shin Sung-hwan, who dissented in the Bank of Korea's decision to keep policy rates unchanged in January, said the economy faces bigger risks due to domestic
February 04, 2025
Asia|Business|Economy|Finance
Japan's megabanks set for record FY profit after strong Q3
All three of Japan's "megabanks" are on course for record annual income after the first nine months of the financial year as they cash in on sales of cross-
February 04, 2025
Economy|Europe|Finance|Political|US
Central bank body urges policy revamps to heed COVID lessons
Central bank body the Bank for International Settlements has urged the likes of the Federal Reserve and European Central Bank to revamp the way they approach interest
February 03, 2025
Business|Economy|Political|US
Fed officials see inflation risks from Trump's tariffs
By Michael S.
February 03, 2025
Americas|Economy|Finance|Political
Brazil inflation to ease further this year, Lula tells Congress
Inflation in Brazil is expected to ease further this year and near the mid-point of the central bank's 3% target by mid-2026, President Luiz Inacio Lula da Silva said in a
February 03, 2025
Economy|Europe|Finance|Political|Stock Markets
UK bond yields fall as Trump tariffs cause slowdown fears
Investors added to bets on the Bank of England cutting interest rates and short-term government bond yields hit a three-month low as global markets braced for a hit
February 03, 2025
Economy|Finance|Political|Stock Markets|US
Americans have high hopes for Trump's economy, Gallup poll shows
Americans are more bullish on the U.S. economy and the stock market and more hopeful about falling inflation and borrowing costs than they have been in a decade or more, including in the
February 03, 2025
Economy|Europe|Finance
ECB 'not quite there' with rate cuts but cautious flexibility needed, Kazimir says
European Central Bank interest rates have room to fall further given weak growth and a slowdown in inflation, but uncertainty is so high that any more precise guidance on rates
February 03, 2025
Asia|Business|Economy|Finance
Thai finance ministry wants to see rates cut this year
Thailand's finance ministry wants to see a cut in interest rates this year to be align with economic fundamentals and will discuss monetary policy easing with the central bank, a
February 03, 2025
Asia|Business|Economy
Pakistan Jan consumer inflation eases to 9-year low
Pakistan's consumer inflation rate fell to its lowest in more than nine years, dropping to 2.4% year-on-year in January, the statistics bureau said on Monday.
February 03, 2025
Asia|Business|Economy|Finance
BOJ debated weak-yen risk, scope for more rate hikes at Jan meeting, summary shows
Bank of Japan policymakers discussed the likelihood of raising interest rates further with some warning of upside inflation risks and the damage a weak yen could
February 03, 2025
Business|Economy|Europe|Political
French PM urges ECB to cut rates to boost growth
French Prime Minister Francois Bayrou urged the European Central Bank to cut rates faster to help bolster economic growth in Europe now that inflation is back to normal levels,
February 01, 2025
Asia|Business|Economy|Finance|Stock Markets|US
Dollar advances after White House reiterates Trump tariff threats
The U.S. dollar advanced against major currencies on Friday, while the Canadian dollar weakened and the Mexican peso edged higher after the White
January 31, 2025
Business|Economy|Finance|Political|US
Fed officials wait for clarity on Trump policies
Two Federal Reserve officials seen as representing contrasting sides of the policy spectrum said on Friday they'll be watching the impact of
January 31, 2025
Business|Economy|Finance|US
US inflation increases in December; consumer spending robust
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, suggesting the Federal Reserve would
January 31, 2025
Business|Economy|Europe|Finance
ECB back at target by summer, supporting policy easing, Villeroy says
Euro zone inflation will be back at the European Central Bank's 2% target by the summer and interest rates could keep on falling to support the economy, French central bank chief
January 31, 2025
Business|Economy|Finance|Stock Markets|US
Instant View: US Dec PCE inflation uptick supports Fed hold
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year.
January 31, 2025
Americas|Business|Economy|Finance
Brazil's jobless rate hits lowest yearly average ever in 2024
Brazil's jobless rate came in slightly above market expectations in the final quarter of 2024 but reached its lowest yearly average for the current data series after the labor
January 31, 2025
Economy|Finance|Political|Stock Markets|US
Financial conditions undercut Fed's 'restrictive' view: McGeever
U.S. interest rate cycles are driven largely by how restrictive or accommodative the Federal Reserve thinks monetary policy is.
January 31, 2025
Business|Economy|Europe|Finance
ECB policymakers hint at more rate cuts on inflation optimism
European Central Bank policymakers backed further policy easing on Friday just a day after the bank's fourth straight rate cut, despite fresh surveys pointing to
January 31, 2025
Asia|Business|Economy|Finance
Who are the BOJ's doves and hawks?
The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely
March 18, 2024
Asia|Business|Economy
BOJ must maintain monetary support, says governor Ueda
Bank of Japan Governor Kazuo Ueda said on Friday the central bank must maintain loose monetary policy to ensure underlying inflation gradually accelerates toward its 2% target.
January 31, 2025
Asia|Business|Economy
Core inflation in Japan's capital hits 1-year high, keeps BOJ rate-hike bets alive
Core inflation in Japan's capital hit 2.5%, marking the fastest annual pace in nearly a year, well exceeding the central bank's 2% target and keeping alive market
January 30, 2025
Asia|Business|Economy|Finance
Bank of Japan board reshuffle to bring it closer to 'normal' central banking
The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely
January 30, 2025
Asia|Business|Economy|Finance|Stock Markets|US
Stock market today: Tesla, IBM and Meta lead most of Wall Street higher
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher following a rush of profit reports from some of the country’s most influential companies
January 30, 2025
Business|Economy|Europe|Finance
ECB cuts rates and governors expect more amid weak growth
The European Central Bank cut interest rates on Thursday and policymakers guided for a further reduction in March as concerns over
January 29, 2025
Economy|Europe|Finance|Stock Markets
Weak growth, ECB boost traders' euro area rate cut confidence
Traders grew more confident on Thursday that the European Central Bank would deliver three more rate cuts this year, as weak growth data followed
January 30, 2025
Business|Economy|Europe|Finance
ECB cuts interest rates and keeps more easing on table
The European Central Bank cut interest rates as expected on Thursday and kept more easing on the table, sticking to its view that inflation in the euro zone is increasingly under
January 30, 2025
Business|Economy|Europe|Finance|Stock Markets
ECB cuts rates again, keeps door open to further easing
The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about
January 30, 2025
Business|Economy|Europe|Finance|Stock Markets|US
Megacaps mixed as Fed pauses; ECB cut and GDP up next
A look at the day ahead in U.S. and global markets from Mike Dolan With Federal Reserve policy likely paused until midyear and megacaps throwing up a mixed bag of results so far, stock markets stayed
January 30, 2025
Business|Economy|Europe|Finance
Russian banks reap record profits in 2024, helped by high rates and loan growth
Russian banks made record annual profits of 4 trillion roubles ($40.7 billion) in 2024, the central bank said on Thursday, as Russia's
January 30, 2025
Business|Economy|Europe|Finance
Finland's Nordea Bank just beats Q4 estimates on "slow" lending market recovery
Finnish lender Nordea Bank reported fourth-quarter operating earnings slightly above estimates on Thursday, saying that while lower interest rates did help the housing
January 30, 2025
Asia|Business|Economy|Finance
BOJ will keep raising rates if economy on track, deputy governor Himino says
Bank of Japan Deputy Governor Ryozo Himino said on Thursday that the central bank will continue to raise interest rates if the economy and prices move in line with
January 30, 2025
Australia|Business|Economy|Finance|Stock Markets
Aussie discretionary retailers hit third straight record on rate cut hopes
Australian discretionary retailers hit a record for the third straight session on Thursday, after cooling inflation data raised hopes of an interest
January 30, 2025
Business|Economy|Europe|Finance
Bank of England readies rate cut and could hint at more to come
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy
January 30, 2025
Business|Economy|Finance|Stock Markets|Technology|US
US stock market confronts risks as investors grapple with tech, Fed outlook
Risks to the U.S. stock market are piling up as cracks emerge in the technology trade and the path for interest rates is
January 30, 2025
Asia|Business|Economy|Finance|US|World
Hong Kong central bank keeps base rate unchanged as Fed holds steady
The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady.
January 30, 2025
Business|Economy|Finance|Stock Markets|US
Fed rate actions in 2025 seen in a narrow band, Goldman Sachs CEO says
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation changes, Goldman Sachs CEO David Solomon said in comments
January 30, 2025
Economy|Finance|Political|Stock Markets|US
Fed stands pat, leans hawkish with omission of inflation-progress reference
The Federal Reserve left interest rates in the 4.25% to 4.50% target range on Wednesday and gave little insight into when further easing may take place in an economy where inflation remains
January 29, 2025
Business|Economy|Environment|Finance|Political|US
Fed guided by economic goals and the law, not politics, says Powell
Fielding a range of questions about the imprint of the Trump administration on the U.S. central bank, Federal Reserve Chair Jerome Powell on Wednesday
January 29, 2025
Economy|Finance|Political|US
Fed leaves rates unchanged, sees no hurry to cut again
By Howard Schneider, Michael S.
January 29, 2025
Business|Economy|Finance|Political|US
Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump
The Federal Reserve left its key interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue
January 28, 2025
Business|Economy|Finance|Political|US
Key takeaways from the Fed’s decision to pause interest rate cuts
Key takeaways from the Fed’s decision to pause interest rate cuts
January 29, 2025
Economy|Finance|Political|US
US dollar firms against peers after Fed holds rates steady
The U.S. dollar was firmer against major currencies on Wednesday after the Federal Reserve left interest rates unchanged as widely expected but gave scant clues
January 29, 2025
Americas|Business|Economy|Finance|Political
Bank of Canada cuts rates, says tariffs could stoke persistent inflation
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points to 3%, cut growth forecasts and said it was concerned that U.S.
January 29, 2025
Business|Economy|Europe|Finance
Czech central banker Frait sounds caution on scope for rate cuts in 2025
The Czech National Bank (CNB) has limited room to ease monetary policy this year, with domestic inflation threats warranting caution, and there will
January 29, 2025
Business|Economy|Europe|Finance
Swedish central bank cuts policy rate to support weak economy
Sweden's central bank cut its key policy rate to 2.25% from 2.50% as expected on Wednesday to boost sluggish economic growth and said its forecast for interest rates held though
January 29, 2025
Australia|Business|Economy|Finance
Australia inflation cools in Q4, opens door to rate cut
Australian consumer prices rose at the slowest pace in almost four years in the December quarter, while a pullback in housing costs helped cool core inflation and open
January 29, 2025
Australia|Business|Economy|Finance
New Zealand central banker says rates heading toward neutral level
A top New Zealand central banker said on Wednesday the official interest rate will move towards a lower, neutral level in the absence of future
January 28, 2025
Business|Economy|Finance|Political|US
Bank lending prospects among key inputs for policymakers at Fed meeting
By Michael S.
January 28, 2025
Business|Economy|Europe|Finance|Stock Markets
European banks may find it tough to repeat strong end-of-year performance
European banks are expected to report a sharp rise in profits for the final three months of last year, helped by still-robust
January 28, 2025
Business|Economy|Europe|Finance
Euro zone banks tighten companies' access to credit, ECB survey shows
Euro zone banks tightened firms' access to credit last quarter and expect further tightening in the first three months of 2025, a European Central Bank survey showed on Tuesday,
January 28, 2025
Asia|Business|Economy|Finance
BOJ to raise rates again by July, eventually eye hike to 1.5%, says ex-policymaker
The Bank of Japan will likely raise interest rates again around June or July, and seek to triple its policy rate to at least 1.5% in the next two
January 28, 2025
Asia|Economy|Finance|Political
Japan government nominates female academic to join BOJ board
Japan's government on Tuesday nominated Junko Koeda, an academic who had warned of the cost of prolonged monetary easing, to
January 28, 2025
Australia|Business|Economy
Australia business conditions improve in December, survey shows
A measure of Australian business activity rebounded in December as Christmas demand helped the down-beaten retail sector, a survey showed on Tuesday, though confidence remained poor
January 28, 2025
Asia|Business|Economy|Finance|Political|US
DeepSeek worries drive yen and Swiss franc higher, dollar drops
The Japanese yen and the Swiss franc gained while the U.S. dollar fell against major currencies on Monday amid a selloff in technology stocks
January 27, 2025
Business|Economy|Finance|Political|US
Federal Reserve expected to stand pat on rates even as Trump demands cuts
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates
January 27, 2025
Business|Economy|Finance|Political|Stock Markets|US|World
Global economy takes Trump guessing-game in stride
Global economic policymakers had been braced for an economic firestorm from the new U.S. administration but instead got a surprisingly
January 27, 2025
Business|Economy|Finance|Political|US
Bank of Canada likely to cut rates by 25bps, give tariff impact analysis
The Bank of Canada will most likely trim its key benchmark rate by 25 basis points this week and is widely expected to offer an analysis on the impact of
January 27, 2025
Business|Economy|Europe|Finance|World
Russian government advisers warn of corporate bankruptcies wave
Russia could face a wave of corporate bankruptcies this year as the share of enterprises with risky levels of debt in total corporate revenue doubled in 2024, a leading think tank
January 27, 2025
Economy|Europe|Finance|Political|US
In Trump's shadow: Five Questions for the ECB
The European Central Bank meets on Thursday for the first time since Donald Trump returned to office, leaving U.S. tariff threats looming over
January 27, 2025
Asia|Business|Economy|Finance
BOJ may revert to fuzzy communication after Fed-style clarity on rates
The Bank of Japan, after clearly signalling last week's interest rate hike, may return to its accustomed fuzzy guidance about central bank policy to maintain
January 26, 2025
Business|Economy|Finance|Political|US
A Fed on hold, for now, eyes strong jobs, easing inflation
At their last meeting in December, U.S.
January 24, 2025
Asia|Business|Economy|Finance|Stock Markets
Dollar on track for worst week since November 2023
The dollar fell on Friday and was on track for its worst week in more than a year on expectations that tariffs enacted by U.S.
January 24, 2025
Americas|Business|Economy|Food
More rate hikes likely coming in Brazil as inflation overshoots forecasts
Brazil's annual inflation rate slowed less than expected in early January, official data showed on Friday, cementing the likelihood that the central bank will hike interest rates
January 24, 2025
Business|Economy|Europe|Finance|World
Russian companies expect 2025 inflation above 10%, central bank survey shows
Russian companies surveyed by the central bank expect inflation in 2025 of 10.7%, more than double the official forecast, and named labour shortages as one of the main factors
January 24, 2025
Americas|Business|Economy|Finance
Brazil central bank to raise rates another 100bps in January: Reuters poll
Brazil's central bank will raise its benchmark interest rate by 100 basis points on Jan. 29, with more to increases follow, taking the cost of borrowing to
January 24, 2025
Economy|Finance|Political|Stock Markets|Technology|US
Fed's rate-cut view set to test resurgent US stocks rally
The Federal Reserve's first meeting of 2025 in the coming week stands to test the resurgence in U.S. stocks as investors gauge the extent of more equity-
January 24, 2025
Business|Economy|Europe|Finance
Stumbling growth and stubborn inflation: the BoE's rate cut challenge
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut
January 24, 2025
Business|Economy|Finance|Political|US
Fed to hold rates steady at an unsteady moment
U.S.
January 24, 2025
Asia|Business|Economy|Finance|Stock Markets
Japanese yen rallies, bond yields climb after BOJ hikes rates
The yen strengthened and Japanese government bond yields rose to fresh multi-year highs on Friday after the Bank of Japan hiked interest rates as expected and raised
January 24, 2025
Asia|Business|Economy|Finance|Stock Markets
Bank of Japan raises interest rates to highest in 17 years, yen jumps
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts,
January 23, 2025
Asia|Business|Economy|Finance
Hong Kong home prices slip in Dec, fall 7.1% in 2024
Hong Kong's home prices fell 0.7% in December and 7.1% in 2024, government figures showed, as the property market struggles to find a bottom despite interest rate cuts and
January 24, 2025
Asia|Business|Economy|Finance
BOJ raises short-term interest rates to 0.5% in widely expected move
The Bank of Japan raised interest rates on Friday in a widely expected move, reflecting its growing optimism that wages will continue rising and keep inflation sustainably around its
January 24, 2025
Asia|Business|Economy|Finance
Instant View: Investors react to interest rate hike from BOJ
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation
January 24, 2025
Business|Economy|Europe
UK consumer morale sinks to lowest since late 2023: GfK survey
British consumer confidence sank this month to its lowest level in over a year, marking the steepest drop between the months of December and January since 2011, according to a survey that
January 24, 2025
Asia|Business|Economy
Japan factory activity sinks to lowest level in 10 months, PMI shows
Japan's factory activity slumped to the lowest level in 10 months on sluggish demand though the service sector strengthened further in January, preliminary business surveys showed on
January 24, 2025
Asia|Business|Economy
Japan's core inflation hits 16-month high, markets brace for BOJ hike
Japan's core consumer prices rose 3.0% in December year-on-year to mark the fastest annual pace in 16 months, likely cementing a central bank rate hike later in the
January 23, 2025
Asia|Economy|Finance|Political|Stock Markets
BOJ decides - 'dovish hike' incoming?
A look at the day ahead in Asian markets.
January 23, 2025
Americas|Business|Economy|Political|US
Trump demands Fed cut rates, claims better monetary policy understanding
U.S.
January 23, 2025
Business|Economy|Finance|Political|US
Trump says he will 'demand' that interest rates come down, but it won't be that simple
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep
January 23, 2025
Business|Economy|Finance|Political|US
Dollar dips after Trump comments as markets eye tariffs, central banks
The dollar was modestly lower on Thursday in a choppy session, after comments from U.S.
January 23, 2025
Americas|Business|Economy|Political
Mexico headline inflation in early January beats expectations, slides below 4%
Mexico's annual inflation rate slowed to its lowest level in almost four years in the first half of January, official data showed on Thursday, a price level likely to encourage the central
January 23, 2025
Americas|Business|Economy|Finance|Political
Rate sensitivity haunts already elevated Brazil public debt
Investors already concerned about Brazil's ballooning public debt load under veteran leftist President Luiz Inacio Lula da Silva are being forced to reckon with
January 23, 2025
Business|Economy|Europe|Political
Polish c.banker Tyrowicz still sees no reason to cut interest rates
Polish central banker Joanna Tyrowicz still does not see any grounds for interest rate cuts given the continued overshoot of the inflation target, she told a private radio station
January 23, 2025
Africa|Business|Economy
S.Africa's Reserve Bank to cut rates by 25 bps Jan 30 to 7.50%- Reuters poll
The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final
January 23, 2025
Asia|Business|Economy|Europe|Finance|Political|Stock Markets
China's shot in the arm for markets
A look at the day ahead in European and global markets from Rae Wee After drowning for days in headlines about Donald Trump's return to the White House, investors were delivered a bit of a diversion
January 23, 2025
Business|Economy|Finance|Stock Markets|Technology|US|World
Davos- Top NYSE exec sees robust US IPO activity in 2025
A strong U.S. economy and lower interest rates could foster a surge in the number of initial public offerings in 2025, building on
January 22, 2025
Business|Economy|Finance|MidEast|Political
Israel central bank chief says 1-2 rate cuts possible in 2025 if inflation cooperates
The Bank of Israel could reduce short-term interest rates one or two times in the second half of 2025 as long as inflation moves back below 3%, Governor Amir Yaron
January 22, 2025
Business|Economy|Europe|Finance
ECB's Rehn says inflation confidence will allow for rate cuts
European Central Bank interest rates will keep falling as policymakers are confident that inflation will stabilise at the bank's 2% target, Finnish central bank chief Olli Rehn
January 22, 2025
Economy|Finance|Political|US
US fiscal path unsustainable despite improved budget forecasts, says DoubleLine
The U.S. sovereign debt profile remains on an unsustainable path with deficits likely to widen more than what has been recently projected by the Congressional
January 21, 2025
US|Business|Economy|Finance
Record-high credit card interest rates and fees are bogging down consumers. Here's how to avoid them.
US Banks & Branch Offices used resources from the Consumer Financial Protection Bureau and other groups to learn about credit card fees and their impact on users.
January 16, 2025
Americas|Business|Economy|Finance|Political
Economists ramp up projections for Brazil's interest rates to above 15%
Economists have launched a fresh wave of upward revisions to projections for Brazil's interest rate this year, citing deteriorating inflation expectations, a
January 21, 2025
Business|Economy|Finance
Instant View: Canada's annual inflation rate eases to 1.8% in December
Canada's annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month's 1.9%.
January 21, 2025
Business|Economy|Finance|Political|US
After two years of smooth sailing, Fed ready to navigate rocky bond market, Trump uncertainty
After two years of progress on inflation and surprisingly persistent economic growth, the Federal Reserve next week meets with one eye on new Trump
January 21, 2025
Asia|Business|Economy|Political
South Korea economy barely grew in Q4; BOK to cut rates in February - Reuters poll
The South Korean economy barely grew last quarter as political chaos weighed on consumer spending, according to a Reuters poll of economists who expect the Bank
January 21, 2025
Economy|Finance|MidEast|Political|Stock Markets|US
US dollar tumbles as Trump team suggests tariff delay, vows flurry of executive orders
The dollar dropped on Monday after news President Donald Trump's new administration will not immediately impose trade tariffs,
January 20, 2025
Business|Economy|Europe|Finance|Stock Markets|US
Guggenheim expects Fed to cut rates about every quarter in 2025
Guggenheim Partners' chief investment officer forecast on Monday that the U.S.
January 20, 2025
Asia|Business|Economy|Finance|Stock Markets|US
Stock market today: Asian shares gain and bitcoin hits a record high ahead of U.S. inauguration
World shares are higher ahead of the inauguration of U.S. President-elect Donald Trump, while bitcoin surged to a record high
January 20, 2025
Asia|Business|Economy|Finance|Political
Bank of Japan poised to raise rates to highest in 17 years
The Bank of Japan is expected to raise interest rates on Friday barring any market shocks when U.S.
January 20, 2025
Asia|Business|Economy
Japan November machinery orders beat forecast on strong factory investment
Japan's core machinery orders rose 3.4% in November from the previous month to beat analysts' forecast, government data showed on Monday, signalling a recovery in
January 20, 2025
Asia|Business|Economy|Finance|Political|Stock Markets
Inauguration caution cools risk-on revival
A look at the day ahead in Asian markets.
January 19, 2025
Economy|Finance|Political|US
Even Fed officials are trying to figure out how to do their jobs in the next Trump era
Even Fed officials are trying to figure out how to do their jobs in the next Trump era
January 19, 2025
Asia|Business|Economy|Finance
IMF expects more Bank of Japan interest rate hikes in 2025 and 2026
The Bank of Japan is expected to hike interest rates twice in 2025 and twice more in 2026, International Monetary Fund chief economist Pierre-Olivier Gourinchas said on Friday.
January 17, 2025
Americas|Business|Economy|Finance|Political
Brazil's Haddad says high interest rates will curb inflation
Brazil's Finance Minister Fernando Haddad said on Friday that high interest rates are poised to have a much stronger effect on inflation than many expect,
January 17, 2025
Asia|Economy|Finance|Political|Stock Markets|US
Dollar holds gains against yen, steadies ahead of Trump inauguration
The dollar held gains against the yen on Friday, but ended the week lower after a six-week winning streak, as investors await Donald Trump's presidential
January 17, 2025
Business|Economy|Finance|Stock Markets|US
US mid-sized banks ride industry upswing on robust fee income
A raft of U.S. banks reported higher fourth-quarter profits on Friday, extending a winning streak for the industry as an upswing in capital markets alleviated
January 17, 2025
Business|Economy|Europe|Finance
ECB's Elderson: we are not yet done easing policy
The European Central Bank is not yet done lowering interest rates, but the timing and size of any future policy easing is not yet certain, Dutch newspaper Het Financieele Dagblad
January 17, 2025
Business|Economy|Finance|Stock Markets|US
Corporate hedging to save debt costs may have worsened 10yr sell-off
A sell-off in U.S.
January 17, 2025
Business|Economy|Europe|Finance|Political
ECB should not rush rate cuts, Nagel says
The European Central Bank should not rush to lower interest rates because inflation remains high and uncertainty great, ECB policymaker Joachim Nagel said in an interview
January 17, 2025
Business|Economy|Finance|Political|Stock Markets|US
Small caps lose Trump bump as rising rates sap strength
As investors seek assets that will shine under a Donald Trump presidency, one corner of the U.S. stock market expected to benefit from the Republican's policies
January 17, 2025
Economy|Finance|Political|US
Fed to hold rates in Jan as Trump's policies stir inflation worries: Reuters poll
The U.S.
January 17, 2025
Asia|Business|Economy|Finance
BOJ likely to keep hawkish policy pledge, raise rates next week, sources say
The Bank of Japan is likely to raise interest rates next week barring any market shocks when U.S.
January 17, 2025
Business|Economy|Finance|US
Economist predicts where mortgage rates are headed as 30-year fixed tops 7%
The 30-year fixed rate mortgage just topped 7%, according to Freddie Mac. Redfin's Daryl Fairweather tells CNN's Vanessa Yurkevich why rates are rising and shares her advice for home buyers.
January 16, 2025
Business|Economy|Finance|US
US retail sales exit 2024 with momentum; labor market on solid ground
U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing to strong demand in the economy and further
January 16, 2025
Economy|Finance|US
Fed may cut rates sooner and faster than expected if disinflation trend holds up, Waller says
Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates sooner and faster than expected, Federal
January 16, 2025
Americas|Economy|Finance|Political|US
Bank of Canada to cut rates on Jan. 29, cautious over potential US tariff impact: Reuters poll
The Bank of Canada will cut interest rates by 25 basis points to 3.00% on Jan. 29, according to a Reuters poll of economists, but many were not confident about
January 16, 2025
Business|Economy|Finance|Stock Markets|US
Why are interest rates rising when the Fed has been cutting them?
The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S. stock market that's knocked indexes from their records
January 15, 2025
Business|Economy|Finance|Political|US
Dollar rules as investors eye Trump's economic policies
U.S.
January 16, 2025
Asia|Business|Economy|Finance
BOJ will debate whether to hike rates next week, governor Ueda says
Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will debate next week whether to raise interest rates, based on its fresh quarterly growth and inflation forecasts
January 16, 2025
Asia|Economy|Finance|Political
Bank of Korea unexpectedly holds rate steady as political turmoil, won weigh
South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday and signalled it needs to wait for the domestic political
January 16, 2025
Asia|Business|Crime|Economy|Political
Bank of Korea governor says resolving political turmoil key for economy
South Korea's central bank governor said on Thursday that the most important factor determining the health of Asia's fourth-largest economy in the next few months was whether recent
January 16, 2025
Asia|Business|Economy|Finance
BOJ to raise rates by end-March, most analysts lean toward January hike- Reuters poll
The Bank of Japan will raise interest rates again at one of the two meetings this quarter to 0.50%, an overwhelming majority of economists surveyed by Reuters
January 16, 2025
Asia|Business|Economy|Political
Japan wholesale inflation steady near 4%, BOJ eyes rate hike next week
Japan's annual wholesale inflation held steady at 3.8% in December on stubbornly high food costs, data showed on Thursday, highlighting persistent price pressures that
January 16, 2025
Asia|Business|Economy|Finance|Stock Markets
Global inflation relief lifts bond yield gloom
A look at the day ahead in Asian markets.
January 15, 2025
Business|Economy|Finance|Stock Markets|US
Inflation revival persists as market risk despite CPI-fueled rally
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and
January 15, 2025
Economy|Finance|MidEast
Israel inflation eases in December for 3.2% rate in 2024
Israel's inflation eased more than expected in December to end 2024 at a rate of 3.2% versus 3.0% in 2023, according to data on Wednesday from the Central Bureau of Statistics
January 15, 2025
Business|Economy|Europe|Finance
Bank of England's Taylor says it's time to cut interest rates
The Bank of England should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan Taylor, the BoE's most recently
January 15, 2025
Business|Economy|Europe|Finance
Bank of England to cut interest rates four times this year - Reuters poll
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but
January 15, 2025
Business|Economy|Finance|Stock Markets|US
Traders bring back bets on two Fed rate cuts in 2025
Traders of interest-rate futures on Wednesday were pricing close to even odds the Federal Reserve will cut interest rates twice by the end of this year, with the first reduction to come in
January 15, 2025
Americas|Business|Economy|Finance
Canadian home sales fall in December; up 10% in fourth quarter
Canadian home sales took a breather in December but were still 10% higher in the fourth quarter compared to the third quarter as the Bank of Canada cut borrowing
January 15, 2025
Economy|Finance|Political|US
US inflation picked up in December but underlying price pressures eased
U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit
January 14, 2025
Asia|Business|Economy|Finance
BOJ chief Ueda signals rate hike chance next week, yen jumps
The Bank of Japan will debate whether to raise interest rates next week, Governor Kazuo Ueda said on Wednesday, signalling its intention to take
January 15, 2025
Business|Economy|Europe|Finance
UK inflation drop gives relief to Reeves after market selloff
British inflation slowed unexpectedly last month and core measures of price growth - tracked by the Bank of England - fell more sharply, according
January 15, 2025
Business|Economy|Europe|Finance|Political
UK inflation unexpectedly drops in December, easing pressure in bond markets
Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month
January 15, 2025
Asia|Business|Economy|Finance|Stock Markets
Bank Indonesia delivers surprise rate cut to support growth
Indonesia's central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing to prop up growth in Southeast Asia's
January 15, 2025
Asia|Economy|Finance|Political
Japan finance minister flags action against excessive foreign exchange movement
Japan Finance Minister Katsunobu Kato on Wednesday reiterated that the government would take appropriate action against excessive movement on the foreign exchange market, as the yen
January 15, 2025
Business|Finance|US
Capital One sued by US watchdog alleging bank cheated customers out of $2 billion
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in lost interest payments as a result
January 14, 2025
Business|Economy|Finance|US
US inflation still slowing as producer prices rise below expectations in December
U.S. producer prices rose less than expected in December as higher costs for goods were partially offset by stable services prices, suggesting inflation
January 14, 2025
Business|Economy|Finance|US
Capital One sued by US CFPB for avoiding billions in interest payments
Capital One was sued on Tuesday by the U.S.
January 14, 2025
Business|Economy|Finance|US
Capital One accused of ‘cheating millions of customers’ out of interest rate payments
Capital One accused of ‘cheating millions of customers’ out of interest rate payments
January 14, 2025
Economy|Finance|Political|Stock Markets|US
Trump is on a collision course with the bond vigilantes
Trump is on a collision course with the bond vigilantes
January 14, 2025
Business|Economy|Europe|Finance|Political
ECB cannot lower rates too quickly, Holzmann says
The European Central Bank cannot lower rates too quickly given issues including stubbornly high core inflation, policymaker Robert Holzmann said on Tuesday, while maintaining that
January 14, 2025
Asia|Business|Economy|Finance|Political|US
BOJ deputy governor flags chance of rate hike next week
The Bank of Japan will debate whether to raise interest rates next week as prospects of sustained wage gains heighten and the U.S. policy outlook becomes clearer in
January 14, 2025
Business|Economy|Europe|Finance|Political
ECB to end policy restriction by midsummer at latest, Rehn says
The European Central Bank will keep cutting interest rates and should end policy restriction in the coming months, but looming trade tariffs, which may not even be effective,
January 14, 2025
Business|Economy|Finance|Political|World
Russian central bank dismisses retail deposit freeze rumours
The Russian central bank has sought to dismiss rumours about a possible freezing of retail deposits, which have seen explosive growth in recent months due to rising interest rates
January 13, 2025
Business|Economy|Europe|Finance|Stock Markets
London stocks slip as markets stay wary of global rate outlook
British equities ended lower on Monday, as investors shied away from risky assets after last week's U.S. jobs report reinforced views that the Federal Reserve would be cautious about
January 13, 2025
Business|Economy|Finance|Stock Markets|Technology
Column-Navigating the brave new world of bond investing - Taosha Wang
By Taosha Wang The past few years haven’t been easy for bond investors, as the "safe haven" asset has struggled in both sunny and cloudy markets.
January 13, 2025
Business|Economy|Europe|Finance
ECB seeking middle ground with rate cuts, Lane tells newspaper
The European Central Bank can ease policy further this year but must find a middle ground that neither induces a recession nor causes an undue delay in curbing inflation, ECB
January 13, 2025
Business|Economy|Finance|Stock Markets|US
Jobs report fuels Treasury yield surge as markets brace for 5% threshold
A recent surge in U.S.
January 10, 2025
Asia|Business|Economy|Finance
Rosy wage outlook, weak yen drawing BOJ attention to inflation risks
Prospects of sustained wage gains in Japan and the boost to import costs from a weak yen have heightened attention within the central bank to rising inflationary
January 10, 2025
Business|Economy|Finance|Stock Markets|US
Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts
Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts
January 10, 2025
Business|Economy|Europe|Finance|Stock Markets
Surging bond yields push UK midcaps to biggest weekly drop in over a year
British midcap stocks logged their biggest weekly decline in more than a year on Friday, as surging borrowing costs on the back of higher inflation expectations and concerns about Donald
January 10, 2025
Business|Economy|Finance|Stock Markets|US
Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the final month of 2024 and leaving
January 10, 2025
Americas|Business|Economy
Brazil's inflation ends 2024 above target, setting stage for more rate hikes
Brazil's annual inflation came in slightly below market forecasts in December but still ended 2024 above the upper limit of the central bank's target range, with policymakers
January 10, 2025
Economy|Finance|Political|Stock Markets|US
Options market positioned for US Treasury 10-year yield to hit 5% in near term
Investors in the futures options market are betting the benchmark U.S. 10-year Treasury yield is headed higher to 5% in the near term, reflecting
January 10, 2025
Business|Economy|Europe|Finance
Norway's December core inflation lower than expected
Norway's core inflation rate eased more than expected in December, Statistics Norway (SSB) data showed on Friday, supporting forecasts that interest rates will begin to decline this
January 10, 2025
Asia|Business|Economy
China central bank is moving faster towards its policy limits
China's central bank is expected to deploy its most aggressive monetary tactics in a decade this year as it tries to stimulate the economy and soften the blow of
January 10, 2025
Business|Economy|Europe|Finance|Stock Markets|US
Looming payrolls keep bond bears hungry
A look at the day ahead in European and global markets from Stella Qiu Most stocks in Asia are down on Friday, following the lead of Wall Street futures, ahead of the all-important payrolls report,
January 10, 2025
Asia|Business|Economy|Finance|Stock Markets|US
Stock market today: Global indexes are mixed as the US stock market remains closed
World shares were mixed as the U.S. stock market remained closed to observe a National Day of Mourning for former President Jimmy Carter
January 09, 2025
Business|Economy|Finance|US
Fed's Schmid says central bank 'near' neutral interest rate level
By Michael S.
January 09, 2025
Economy|Finance|Political|US
Fed's Bowman: supported Dec. rate cut as 'final' recalibration step
Federal Reserve Governor Michelle Bowman on Thursday said she supported last month's interest-rate cut as the "final step" in the U.S. central bank's monetary policy recalibration, with
January 09, 2025
Business|Economy|Europe|Finance
BoE's Breeden backs interest rate cuts, says hard to know how quickly
Bank of England Deputy Governor Sarah Breeden said on Thursday that recent evidence supported the case to cut interest rates gradually but that it was tricky to gauge the right speed of
January 09, 2025
Economy|Finance|Political|US
Fed's Collins says now is time for patient, gradual approach to rate cuts
By Michael S.
January 09, 2025
Economy|Finance|Political|US
Fed's Harker still expects rate cuts but says imminent move not needed
By Michael S.
January 09, 2025
Business|Economy|Europe
Germany records highest company insolvencies since financial crisis
Germany recorded the highest number of company insolvencies since 2009 in the last quarter of last year, a study from the Halle Institute for Economic Research (IWH) showed on
January 09, 2025
Business|Economy|Finance|Political|US
Fed can soothe Trump or Treasuries, not both: Mike Dolan
Extreme bond market agitation has put the Federal Reserve in a bind.
January 09, 2025
Asia|Business|Economy
BOJ sees widening wage hikes, signals chance of near-term rate hike
Wage hikes are broadening in Japan as structural labour shortages have made firms more aware of the need to keep hiking pay, the central bank said, suggesting that
January 09, 2025
Asia|Business|Economy|Finance
Thai central bank seen cutting key rate by 50 bps in 2025, bond market group says
BANGKOK ((Reuters)) - Thailand's central bank is expected to cut rates twice, totalling 50 basis points this year starting in the second quarter this year, the Bond Market Association said on Thursday
January 09, 2025
Asia|Business|Economy|Finance|Stock Markets|US
Stock market today: Wall Street holds firmer following Tuesday's slide
U.S. stock indexes held firmer and finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected
January 08, 2025
Economy|Finance|Political|Stock Markets|US
Fed minutes show Wall Street pushed back expected end of balance sheet drawdown
By Michael S.
January 08, 2025
Business|Economy|Europe|Finance
ECB could reach neutral rate by summer, Villeroy says
The European Central Bank's interest rates should reach the point where they are no longer a drag on growth by this summer if inflation is tamed by then, ECB policymaker Francois
January 08, 2025
Business|Economy|Finance|Political|US
Top Fed official backs new rate cuts even if Trump tariffs materialize
A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated inflation and the prospect of widespread tariffs
January 08, 2025
Americas|Business|Economy|Finance
Brazil's savings withdrawals outpace deposits for fourth straight year
Brazilians in 2024 withdrew more from savings accounts than they deposited for a fourth straight year, although the outflow fell significantly, central bank data showed on
January 08, 2025
Business|Economy|Europe|Finance|US
US dollar stranglehold on global FX sets stage for euro parity - Reuters Poll
The U.S. dollar will tighten its stranglehold over global currency markets with little standing in the way of its remarkable run, and a significant number of
January 08, 2025
Asia|Business|Economy
Japan's consumer mood worsens, casting doubt on rate hike timing
Japan's consumer sentiment deteriorated in December, a government survey showed on Wednesday, casting doubt on the central bank's view that solid household spending
January 08, 2025
Australia|Business|Economy|Finance|Political
Australia's core inflation slows, keeping door open to Feb rate cut
Australian consumer price inflation crept up from three-year lows in November as electricity costs jumped, but a drop in core inflation still bolstered the case for a cut in
January 08, 2025
Asia|Business|Economy|Finance
Former BOJ chief Kuroda predicts more rate hikes
The Bank of Japan will likely keep raising interest rates in the coming years as inflation appears on track to sustainably hit its 2% target, said former governor
January 08, 2025
Business|Economy|Europe|Finance
Euro zone inflation jumps on higher energy costs
Euro zone inflation accelerated in December, an unwelcome but anticipated blip that is unlikely to derail further interest rate cuts from the European Central Bank.
January 07, 2025
Business|Economy|Finance|Political|US
December central bank rate cuts take 2024 easing push to historic level
Major central banks in December delivered their biggest policy easing push since the spring 2020 COVID rate-cutting frenzy, with the latest moves
January 07, 2025
Business|Economy|Europe|Finance
Euro zone consumers raise inflation expectations in November, ECB poll shows
Euro zone households increased their inflation expectations in November, a European Central Bank poll showed on Tuesday, suggesting years of high inflation were still weighing on
January 07, 2025
Business|Economy|Europe
UK construction growth slows to 6-month low, PMI shows
Activity in Britain's construction industry grew at the slowest pace in six months in December, dented by a further fall in house-building, a survey showed on
January 07, 2025
Economy|Finance|MidEast
Bank of Israel holds rates on high inflation, economic uncertainty
The Bank of Israel left interest rates unchanged for the eighth straight meeting on Monday, citing expectations of higher inflation and economic uncertainty due
January 06, 2025
Asia|Business|Economy|Finance
BOJ's Ueda vows to keep hiking rates with focus on risks
Bank of Japan Governor Kazuo Ueda said on Monday the central bank will raise interest rates further if the economy continues to improve, though
January 06, 2025
Economy|Finance|Political|US
Fed's Kugler, Daly say job not done on inflation
Two Federal Reserve policymakers on Saturday said they feel the U.S. central bank's job of taming
January 04, 2025
Business|Economy|Finance|MidEast
Bank of Israel to hold rates this week but cut possible in February - Reuters Poll
The Bank of Israel is expected to leave short-term interest rates unchanged for an eighth straight policy meeting this week, although analysts believe a rate cut
January 05, 2025
Business|Economy|Finance|Political|US
Fed's Kugler says data will drive Fed policy choices amid uncertainty
By Michael S.
January 03, 2025
Business|Economy|Finance|Political|US
Fed policy may need to stay restrictive for longer due to inflation risk, Barkin says
The U.S. central bank's benchmark policy rate should stay restrictive until it is more certain that inflation is returning to its 2% target, Richmond Federal
January 03, 2025
Business|Economy|Europe|Finance|Political|Stock Markets
European stocks see off holiday-shortened week lower
European shares closed out a holiday-shortened week lower on Friday, with heavyweight luxury firms and spirits makers leading losses, though focus
January 03, 2025
Asia|Business|Economy|Finance|Stock Markets
Oil heads for weekly gains on colder weather, Chinese policy support
Oil prices edged higher on Friday and were on track for weekly gains as cold weather in Europe and the U.S. as well as additional economic stimulus flagged by
January 03, 2025
Asia|Business|Economy|Finance
China’s central bank says it will cut banks reserves, rates at proper time
China's central bank said it will cut banks’ reserve requirement ratio and interest rates at “proper time” during a quarterly meeting of its monetary policy committee held last week
January 03, 2025
Asia|Business|Economy|Finance|Stock Markets|US
Dollar at two-year high on growth outlook, euro tumbles
The U.S. dollar jumped to a two-year high on Thursday in the first day of 2025 trading, building on last year's strong gains on expectations U.S. growth will beat
January 02, 2025
Business|Economy|Finance|Stock Markets|US
Gold set for brightest year since 2010 on rate cuts, safe-haven demand
Gold prices were set to end a record-breaking year on a positive note on Tuesday as robust central bank buying, geopolitical uncertainties and
December 31, 2024
Business|Economy|Finance|Political
Lula's embrace of new Brazil central banker has markets wary
After months of rancor, ties between President Luiz Inacio Lula da Silva and Brazil's central bank look poised for an era of sweetness and light - which is
December 30, 2024
Asia|Economy|Finance|Stock Markets|US
Dollar gains broadly, slips against yen with interest-rate policy in focus
The dollar rose broadly on Monday, holding near a two-year high, while the Japanese yen edged up from five-month lows against the greenback as traders continued to digest the likelihood
December 30, 2024
Asia|Business|Economy|Finance|Stock Markets
Stocks hit, dollar slips in illiquid year-end profit taking
U.S. stocks wrapped up Christmas week on Friday with retracements of double-digit uptrends, and, alongside the
December 27, 2024
Asia|Business|Economy|Finance
India's widening bank liquidity deficit warrants more measures, traders say
India's banking system liquidity deficit is set to widen further in the upcoming quarter, leading to more voices demanding durable liquidity injection.
December 27, 2024
Asia|Business|Economy|Finance
BOJ produces estimates on how future rate hikes affect earnings
The Bank of Japan released for the first time estimates on how future interest rate hikes could affect its earnings, which showed it will briefly suffer red ink of up
December 27, 2024
Asia|Business|Economy
BOJ debated rate-hike timing, some called for near-term move, Dec summary shows
Some Bank of Japan policymakers saw conditions falling into place for an imminent rate hike with one predicting a move "in the near future," a summary of opinions at
December 27, 2024
Asia|Business|Economy
Inflation in Japan's capital accelerates, keeps rate hike prospects intact
Core inflation in Japan's capital accelerated in December while services inflation held steady, data showed on Friday, keeping alive market
December 26, 2024
Australia|Business|Economy|Finance|Stock Markets
Interest rate path to determine if Aussie banks can sustain rich valuations in 2025
The Australian central bank's rate trajectory and its effect on inflation will decide if Australian bank shares can eke out growth in 2025 after a
December 26, 2024
Business|Economy|Finance|Stock Markets|US
Dow ends up to extend win run to five; rising yields pressure megacap stocks
The Dow Jones Industrial Average closed fractionally higher on Thursday, stretching its winning streak to five sessions despite light trading volumes and rising U.S.
December 26, 2024
Asia|Business|Economy
Japan corporate service inflation rises, bolsters BOJ rate-hike odds
A leading indicator of Japan's service-sector inflation rose to 3.0% in November, accelerating for a second straight month, data showed on Wednesday, backing up the
December 25, 2024
Business|Economy|Finance|Stock Markets|US
Wall Street ends higher as Santa rally begins
Wall Street's main indexes all closed higher on Tuesday, with gains in megacap and growth stocks bolstering benchmarks in a truncated Christmas Eve session.
December 24, 2024
Asia|Business|Economy|Finance|Political
BOJ debated need for caution in raising rates, Oct minutes show
Bank of Japan policymakers agreed in October to keep raising interest rates if the economy moves in line with their forecast, but some stressed the need for caution on
December 24, 2024
Business|Economy|Finance|Political|Stock Markets|US
Bumpy ride for US corporate bond spreads expected in 2025
It could be a bumpy ride for U.S. corporate bond spreads in 2025, with investors and strategists expecting more market volatility, as the new Trump administration implements
December 23, 2024
Business|Economy|Finance
Bank of Canada's Dec 11 jumbo rate cut was a close call, minutes show
The Bank of Canada's decision to cut rates by 50 basis points on Dec 11 was a close call, with some members of the governing council suggesting a smaller
December 23, 2024
Economy|Finance|Political|US
Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
December 23, 2024
Economy|Europe|Finance|Political
Lagarde says ECB very close to reaching its inflation goal, FT reports
European Central Bank (ECB) President Christine Lagarde said the euro zone was getting "very close" to reaching the central bank's medium-term inflation goal, according to an interview
December 23, 2024
Business|Economy|Europe|Finance|Stock Markets|US
Markets in 2024: Wall Street's high-octane rally keeps investors captive to the US
Markets that began the year with investors expecting a global stock rally to fizzle, swift U.S. interest rate cuts to boost
December 23, 2024
Business|Economy|Finance|Stock Markets|US
Investors hope for 'Santa Claus' rally as stocks lose steam
With December so far delivering Scrooge-like returns in an otherwise stellar year for U.S. stocks, investors hope the tail end of 2024 offers some holiday cheer,
December 20, 2024
Economy|Finance|Political|Stock Markets|US
Stocks rally after inflation data but close lower for the week
U.S. stocks rallied to close out the trading week on Friday after two lackluster sessions as a cooler-than-expected inflation report and comments from Federal
December 20, 2024
Asia|Economy|Finance|Stock Markets|US
Dollar poised to finish week higher after inflation data, Fed rate cut
The U.S. dollar pulled back from a two-year high on Friday, but was heading for its third-straight week of gains, with data showing a slowdown in inflation two
December 20, 2024
Economy|Finance|US
Fed policymakers see slower rate-cut path next year
By Michael S.
December 20, 2024
Business|Economy|Finance|US
Federal Reserve's preferred inflation gauge shows price pressures eased last month
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains
December 20, 2024
Business|Economy|Finance|Political|World
Russian central bank keeps rates on hold after Putin's call for 'balance'
The Russian central bank kept its key interest rate on hold at 21% on Friday, surprising the market, which had expected a 2 percentage point
December 20, 2024
Economy|Finance|Political|Stock Markets|US
Government shutdown and tariff fears jar year-end markets
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. government shutdown fears and fresh trade war threats cast another cloud over Wall Street as a bruising final full trading week
December 20, 2024
Asia|Business|Economy|Political
Japan says overall economy recovering, cuts view on corporate profits
Japan's government said on Friday that the economy was recovering moderately in December but warned of risks ahead, such as higher interest rates overseas and policies in the United
December 20, 2024
Asia|Business|Economy|Finance|Political
Japan's government 'alarmed' by recent forex moves, top officials say
Top Japanese finance officials said on Friday the government is "alarmed" by recent foreign exchange moves and is ready to intervene if speculative moves were
December 20, 2024
Asia|Business|Economy|Finance
Japan's core inflation accelerates, keeps BOJ rate-hike chance alive
Japan's core inflation accelerated in November as rising food and fuel costs hit households, data showed on Friday, keeping the central bank under pressure to raise
December 19, 2024
Business|Economy|Finance|Stock Markets|US
Stocks end flat after Fed-induced selloff as early bounce fades
U.S. stocks ended little changed on Thursday, giving up an initial rebound from a sharp drop in the prior session after the Federal Reserve forecast fewer-than
December 19, 2024
Business|Economy|Finance|US
More hawkish Fed policy committee may increase dissent in 2025
A slightly more hawkish set of Federal Reserve regional bank presidents will become voters on the U.S. central bank's rate-setting panel in 2025, raising the chance that any
December 19, 2024
Business|Economy|Europe|Finance|Stock Markets
Europe's STOXX 600 clocks worst day in more than a month after Fed's hawkish signal
European stocks fell on Thursday, with the benchmark STOXX recording its biggest single-day drop since early November as investors fled riskier assets
December 19, 2024
Business|Economy|Europe|Finance|Political
No need for ECB to start stimulating growth, Patsalides says
The European Central Bank should keep cutting interest rates by small increments and there is no need to ease policy to a level that starts stimulating economic
December 19, 2024
Business|Economy|Finance|Stock Markets|US
Markets fear Fed floor at 4%, dollar booms
A look at the day ahead in U.S. and global markets from Mike Dolan Although the Federal Reserve's "hawkish cut" on Thursday had been broadly expected, markets now fear 4% policy rates will be the
December 19, 2024
Business|Economy|Europe
Imminent Russian rate hike adds to dismal outlook for house-buyer hopefuls
Soaring borrowing costs are cooling demand in Russia's real estate market, with potential buyers scared off by mortgage rates
December 19, 2024
Business|Economy|Europe|Finance|Stock Markets
Instant view: BoE keeps rates on hold but policymakers more divided
The Bank of England kept its main interest rate unchanged at 4.75% on Thursday but policymakers became more divided about whether rate cuts were needed to tackle a slowing economy.
December 19, 2024
Business|Economy|Europe|Finance|Stock Markets
Big year of central bank easing wraps up with dovish BoE, Fed caution
The Bank of England wrapped up a big year of central bank rate cuts by keeping rates steady on Thursday, a day after the Federal Reserve
December 19, 2024
Business|Economy|Europe|Finance
Bank of England more split than expected over December rate decision
Bank of England policymakers voted 6-3 to keep interest rates on hold on Thursday, a bigger split than economists had predicted as officials
December 19, 2024
Asia|Business|Economy
Japan economy in 'delicate state', says banking lobby head
The chair of the Japanese banking lobby echoed Bank of Japan Governor Kazuo Ueda's cautious view on the Japanese economy on Thursday and said the central bank needed
December 19, 2024
Business|Economy|Finance|Stock Markets|US
Fed's hawkish cut fires up rate hike debate: McGeever
The end of the Federal Reserve's interest rate-cutting cycle is suddenly in sight, and a complete U-turn with rate hikes next year can no longer be ruled
December 19, 2024
Business|Economy|Finance|Political|US
Global central banks urge caution before Trump arrival
The imminent arrival of Donald Trump in the White House was already shaping global economic policy-making this week as the U.S.
December 19, 2024
Economy|Europe|Finance|Political
Bank of England warns of 'heightened uncertainty' as it keeps interest rates on hold
The U.K.’s central bank has warned about “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target even at a time when the British economy is flatlining at best
December 19, 2024
Business|Economy|Europe|Finance|Stock Markets
UK gilt yields jump again after Fed signals go-slow on rate cuts
British government bond prices fell sharply on Thursday after the U.S.
December 19, 2024
Asia|Business|Economy|Finance|Political
BOJ keeps ultra-low rates, gives few clues on when it might hike
The Bank of Japan kept interest rates unchanged on Thursday and its governor offered few clues on how soon it could push up borrowing costs, sending
December 18, 2024
Asia|Business|Economy|Finance
BOJ says unconventional policies cannot replace traditional rate policy
The Bank of Japan said unconventional monetary easing, such as its ultra-easy policy of the past decade, carries potential uncertainties and side
December 19, 2024
Asia|Business|Economy|Finance|Political
Investors react to BOJ's decision to keep rates steady
The Bank of Japan kept interest rates steady on Thursday, as policymakers preferred to tread cautiously in pushing up borrowing costs amid uncertainty over U.S. president-elect Donald
December 19, 2024
Business|Economy|Europe|Finance|Stock Markets
Japan holds, Bank of England up next
A look at the day ahead in European and global markets from Tom Westbrook The Bank of Japan left interest rates on hold, as expected, clearing the way for traders to sell the yen - which fell to a one
December 19, 2024
Asia|Business|Economy
BOJ keeps rates steady by 8-1 vote, board member Tamura dissents
The Bank of Japan kept interest rates steady on Thursday, underscoring policymakers' preference to spend more time scrutinising whether wage hikes will broaden and keep inflation
December 19, 2024
Asia|Economy|Finance|Political|Stock Markets
South Korean won hits 15-year low as hawkish Fed, domestic politics weigh
The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by risk-averse sentiment after the U.S.
December 19, 2024
Business|Economy|Europe|Finance
Bank of England to keep rates steady as price pressures linger
The Bank of England looks set to hold interest rates at 4.75% on Thursday, despite signs of a slowing economy, as persistent inflation pressures limit it to a "
December 19, 2024
Asia|Business|Economy|Finance|Stock Markets
US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025
U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought
December 18, 2024
Business|Economy|Finance|Stock Markets|US
US rate futures price in Fed on hold in January, less than two cuts in 2025
Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, priced in on Wednesday that the Federal Reserve
December 18, 2024
Economy|Finance|Political|US
Fed lowers rates but sees fewer cuts next year due to stubbornly high inflation
The U.S. central bank cut interest rates on Wednesday, as expected, but Federal Reserve Chair Jerome Powell said more reductions in borrowing
December 18, 2024
Asia|Business|Economy|Finance|Stock Markets
Fed's 'hawkish cut' slams markets, BOJ up next
A look at the day ahead in Asian markets. The Federal Reserve has spoken, and as far as investors are concerned, the message was clear - clearly hawkish.
December 18, 2024
Business|Economy|Finance|Stock Markets|US
Stocks dive after Fed cuts rates, signals slower easing pace in 2025
U.S. stocks plunged on Wednesday, with all three major indexes posting their biggest daily decline in months, after the Federal Reserve cut interest rates by a
December 18, 2024
Business|Economy|Finance|Stock Markets|US
Stocks skid after Fed signals it will slow down its easing
U.S. stocks plunged on Wednesday after the Federal Reserve cut interest rates by a quarter of a percentage point and the central bank's economic projections signaled a slower pace of cuts
December 18, 2024
Economy|Finance|Political|US
Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still-elevated inflation
December 18, 2024
Economy|Finance|Stock Markets|US
Fed cuts rates 25 bp, scales back 2025 easing projections
The U.S.
December 18, 2024
Business|Economy|Finance|US
Key takeaways from the Fed’s third rate cut
Key takeaways from the Fed’s third rate cut
December 18, 2024
Business|Economy|Finance|Stock Markets|US
Dow plunges more than 1,100 points and marked its longest losing streak since 1974
Dow plunges more than 1,100 points and marked its longest losing streak since 1974
December 18, 2024
Economy|Finance|Political|US
Fed policymakers project two quarter-point rate cuts next year
U.S. central bankers on Wednesday issued fresh projections calling for two quarter-point interest-rate cuts next year amid rising inflation, a forecast consistent
December 18, 2024
Business|Economy|Finance|Stock Markets|US
Markets edgy as Fed awaited
A look at the day ahead in U.S. and global markets from Mike Dolan For all the extreme bullishness about 2025, Wall Street is just a bit edgy as the Federal Reserve looks set to deliver its final
December 18, 2024
Business|Economy|Europe|Finance
UK inflation hits 8-month high but underlying pressures steady
British inflation hit an eight-month high in November, but the rise in services prices - watched closely by the Bank of England as an
December 18, 2024
Economy|Europe|Finance|Stock Markets|US
Fed looms and Europe gets inflation data
A look at the day ahead in European and global markets from Vidya Ranganathan As a host of major central banks hold policy meetings over the next 24 hours, the U.S.
December 18, 2024
Asia|Business|Economy
BOJ's rate hike debate shifts from 'when?' to 'how high?'
As the guessing game over the timing of Japan's next interest rate hike heats up, another debate is brewing within the central bank over just how much higher rates
December 18, 2024
Business|Economy|Europe|Finance|Stock Markets
2024 the 'year of the bond' as record inflows top $600 billion
Investors have poured a record $600 billion into global bond funds this year, taking advantage of some of the highest yields in decades ahead of an uncertain 2025.
December 17, 2024
Asia|Business|Economy|Finance|Stock Markets
Central bank fever builds, saps risk appetite
A look at the day ahead in Asian markets.
December 17, 2024
Asia|Business|Economy|Stock Markets|Technology|US
Stock market today: Wall Street trims its stellar gains as Nvidia's star dims again
U.S. stock indexes trimmed some of their stellar gains for the year
December 17, 2024
Business|Economy|Finance|Stock Markets|US
The Dow just did something it hasn’t done since Jimmy Carter was president
The Dow just did something it hasn’t done since Jimmy Carter was president
December 17, 2024
Business|Economy|Finance|Food|Travel
Canada's inflation rate ticks down to 1.9% in November
Canada's annual inflation rate unexpectedly dropped by a tick to 1.9% in November, driven by a broad-based slowdown in prices, while the
December 17, 2024
Africa|Business|Economy|Finance|Stock Markets
South African rand weakens ahead of Fed decision
South Africa's rand weakened against a stronger dollar on Tuesday as investors turn their attention to the Federal Reserve's interest rate decision.
December 17, 2024
Business|Economy|Europe|Finance
Hungary central bank leaves base rate steady for third straight month
Hungary's central bank left its base rate steady at the European Union's joint highest level of 6.5% on Tuesday, as widely expected, after
December 17, 2024
Business|Economy|Finance|Political|US
Trump bump? Fed officials prepare projections into new presidential term
Since Donald Trump's election to a second term last month, Federal Reserve policymakers including Chair Jerome Powell have said it is too soon to factor in the U.S.
December 17, 2024
Economy|Finance|Political|Stock Markets|US
Bonds agitated as Fed meets, G7 politics rumble
A look at the day ahead in U.S. and global markets from Mike Dolan Even with another Federal Reserve interest rate cut this week baked in to market pricing, U.S.
December 17, 2024
Asia|Business|Economy|Finance
Bank of Korea board members see need to respond to slowing economy, minutes show
South Korea's monetary policy board members said there was a need to respond quickly and preemptively to a slowing economy, as they decided to lower interest rates for a second
December 17, 2024
Business|Economy|Europe|Finance
UK pay growth speeds up, adding to worries for Bank of England
British pay rose by more than expected in the three months to October, official data showed on Tuesday, prompting investors to further rein in
December 17, 2024
Asia|Business|Economy|Finance
Over 90% of market players expect BOJ to keep rates steady this week, survey shows
Over 90% of market participants expect the Bank of Japan to keep interest rates steady at this week's policy meeting, a survey by money market brokerage Ueda Yagi Tanshi showed on
December 17, 2024
Americas|Business|Economy|Finance|Political
Brazil currency hits record low amid ongoing fiscal woes
Market anxiety dragged Brazil's real currency to a historic low on Monday as significant central bank interventions again failed to
December 16, 2024
Business|Economy|Europe|Finance
ECB expects more rate cuts as inflation fears abate
The European Central Bank expects to cut interest rates further if inflation settles at its 2% target as it expects, some of the ECB's top brass said on Monday.
December 16, 2024
Business|Economy|Finance|Stock Markets|US
Nasdaq closes at record as investors prepare for Fed rate decision
The Nasdaq closed at a record high on Monday and the S&P 500 also rose as investors gauged the latest economic data while looking toward the Federal Reserve's
December 16, 2024
Business|Economy|Finance|Political|US
Dollar edges higher against major peers as investors eye Fed rate cut
The U.S. dollar edged higher against major currencies in choppy trading on Monday, as investors eyed interest rate decisions from
December 16, 2024
Economy|Finance|Political|US
Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting
December 15, 2024
Business|Economy|Europe|Finance|Political
ECB is confident that inflation will converge to target in 2025, De Guindos says
The European Central Bank is confident that inflation will converge to the 2% goal in 2025 as is reflected in its monetary policy, ECB's Vice-President Luis de Guindos said on
December 16, 2024
Economy|Europe|Finance|Political
ECB should keep cutting rates in small steps, Kazimir says
The European Central Bank should continue to cut interest rates in small steps and resist the temptation of trying to prop up growth in a currency bloc that suffers largely from
December 16, 2024
Australia|Economy|Finance|Political
Australia's central bank gets banker, economist to rate-setting board
Australian Treasurer Jim Chalmers on Monday announced two new members to the central bank's rate-setting board, with the majority of board members staying in a bid to
December 16, 2024
Asia|Business|Economy|Finance
Bank of Thailand to hold rates this year, economists split on next cut - Reuters poll
The Bank of Thailand (BOT) will keep its key interest rate unchanged on Wednesday after a surprise October trim, according to a Reuters poll of
December 16, 2024
Asia|Business|Economy|Finance|Political|Stock Markets
2024 bull run in home stretch, China 'data dump' eyed
A look at the day ahead in Asian markets.
December 15, 2024
Economy|Finance|MidEast
Israel's inflation slips to 4-month low of 3.4% in November
Israel's inflation dipped in November, data from the Central Bureau of Statistics showed on Sunday, but staying above target and likely not enough to push
December 15, 2024
Asia|Business|Economy|Finance|Stock Markets
Stock market today: Wall Street ends mixed after a bumpy week
Stock indexes closed mixed on Wall Street at the end of a rare bumpy week
December 13, 2024
Economy|Finance|Stock Markets|US
Fed rate view in focus as robust stocks year draws to close
A banner year for U.S. stocks gets one of its last big tests with the coming week’s Federal Reserve meeting, as investors await the central bank's guidance on
December 13, 2024
Business|Economy|Finance|US
Next Week: Retail sales, Fed policy update, existing home sales
The Commerce Department releases its monthly snapshot of U.S. retail sales Tuesday
December 13, 2024
Business|Economy|Europe|Finance
Big banks expect a quarter-point cut for ECB's first meeting of 2025
Major brokerages including Bank of America, Goldman Sachs and Citigroup expect the European Central bank to cut interest rates by 25 basis points again at its first meeting of 2025 on Jan.
December 13, 2024
Business|Economy|Finance|US
Marginal rise in US import prices suggests inflation pressures may subside
U.S. import prices barely rose in November as increases in the costs of food and fuels were partially offset by decreases elsewhere thanks to a strong dollar,
December 13, 2024
Business|Economy|Europe|Finance|Political
ECB's Centeno sees further gradual rate easing in coming quarters
European Central Bank policymaker Mario Centeno predicted on Friday further gradual interest rate cuts in the coming quarters to ease what remains a 'restrictive rate level' to
December 13, 2024
Business|Economy|Finance|Stock Markets|US
Wall St near records as central banks end 2024 with rate cuts
A look at the day ahead in U.S. and global markets by Samuel Indyk The stellar year for U.S. stock markets took a bit of a breather on Thursday, perhaps expected after a rally that has led the Nasdaq
December 13, 2024
Business|Economy|Finance|Political|US
US data has Fed striding toward rate cut next week, and tip-toeing into 2025
Investors view it as a near given that the U.S.
December 13, 2024
Business|Economy|Europe|Finance
ECB governors back more rate cuts if inflation settles at goal
Four European Central Bank policymakers backed further interest rate cuts on Friday provided that inflation settles at the ECB's 2% goal as expected.
December 13, 2024
Business|Economy|Europe|Finance|Stock Markets
As euro zone risks mount, markets seek clarity on pace of ECB rate cuts
Euro zone markets swung on Thursday after the European Central Bank gave up a long-standing hawkish tilt but analysts were split on the signals
December 12, 2024
Asia|Business|Economy
BOJ to skip rate hike in December, majority of economists say: Reuters poll
The Bank of Japan will hold interest rates at 0.25% at its December policy meeting as it assesses overseas risks and next year's wage outlook, a majority of
December 13, 2024
Asia|Business|Economy
BOJ's rate hike plans clouded by small firms' wage woes
Japan's small firms are spending far more of their profits on wages than their bigger counterparts and could struggle to keep
December 13, 2024
Asia|Business|Economy|Finance
How likely is a Bank of Japan rate hike next week?
The Bank of Japan holds its final policy meeting for the year next week with its decision to be announced just hours after that of the U.S.
December 11, 2024
Asia|Business|Economy|Finance
Japan business mood improves slightly, global risks cloud outlook
Japanese big manufacturers' sentiment improved slightly in the three months to December, a quarterly survey showed on Friday, boding well for the
December 12, 2024
Asia|Business|Economy|Finance
BOJ leaning toward keeping rates steady next week, sources say
The Bank of Japan is leaning toward keeping interest rates steady next week as policymakers prefer to spend more time scrutinising overseas risks and clues on next
December 12, 2024
Business|Economy|Finance|Health|Political
Brazil's currency weakens, changing course despite aggressive rate strategy
Brazil's currency reversed course and weakened against the U.S. dollar on Thursday, despite a larger-than-expected interest rate hike by the
December 12, 2024
Business|Economy|Finance|Stock Markets|US
Wall Street hopes rate cuts will force clients out of cash in 2025
Wall Street executives at the Reuters Next conference in New York expect a $7-trillion cash pile that proved invulnerable to falling interest rates in 2024 to start melting next year as
December 12, 2024
Business|Economy|Europe|Finance|Political
Handful of ECB policymakers wanted larger cut, worried about tariffs - sources
A handful of European Central Bank policymakers initially wanted a larger interest-rate cut on Thursday, worried among other things that new U.S. tariffs would hamper economic
December 12, 2024
Business|Economy|Europe|Finance|Political
ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies
The European Central Bank is cutting interest rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S. import tariffs
December 12, 2024
Business|Economy|Finance|US
Traders add to bets the Fed will keep cutting rates next year
Traders of interest-rate futures that settle to the Federal Reserve's policy rate added to bets the central bank rate will cut borrowing costs next week and follow up next year with
December 12, 2024
Business|Economy|Europe|Finance
ECB cuts interest rates for fourth time this year
The European Central Bank cut interest rates for the fourth time this year on Thursday and kept the door open to further easing ahead as inflation closes in on its goal and the
December 12, 2024
Economy|Europe|Finance|Political|Stock Markets
ECB, Swiss set to cut, but by how much?
A look at the day ahead in European and global markets from Kevin Buckland A momentous couple weeks for global central banks brings policy decisions from two of the biggest on Thursday: the European
December 12, 2024
Americas|Business|Economy|Political|US
Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada
The premier of Canada’s most populous says he will cut off energy to the United States if President-elect Donald Trump imposed sweeping tariffs on all Canadian products
December 11, 2024
Americas|Business|Economy
Brazil's central bank hikes more than expected, signals more tightening ahead
Brazil's central bank raised interest rates by a greater-than-expected 100 basis points on Wednesday and pointed to matching hikes for the next two meetings,
December 11, 2024
Business|Economy|Finance|Political|US
US inflation ticked up last month as some price pressures remain persistent
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated
December 11, 2024
Asia|Business|Economy|Finance|Stock Markets|US
Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000
Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve
December 11, 2024
Business|Economy|Finance|US
US consumer prices post largest rise in seven months; rents finally slowing
U.S. consumer prices increased in November by the most in seven months, but the Federal Reserve was still expected to deliver a third consecutive interest rate
December 11, 2024
Business|Economy|Finance
Bank of Canada cuts rates by 50 bps says more gradual approach to follow
The Bank of Canada slashed its key policy rate by 50 basis points to 3.25% on Wednesday to help address slower growth, though Governor Tiff
December 11, 2024
Business|Economy|Europe|Finance
Bank of England set to stay in central bank slow lane and keep rates on hold
The Bank of England looks set to keep interest rates on hold next week as it moves more slowly to cut borrowing costs than central banks in Europe and the
December 11, 2024
Asia|Business|Economy
Japan's wholesale inflation accelerates, keeps BOJ rate-hike plan in focus
Japan's wholesale inflation accelerated for three straight months as companies continued to pass on rising raw material and labour costs, data showed on Wednesday,
December 11, 2024
Business|Economy|Finance|Stock Markets|US
BlackRock sees investor shift from cash after even 'modest' rate cuts
Investors are expected to increase their allocations to stocks and bonds from cash after even "modest" Federal Reserve interest rate cuts, BlackRock's chief
December 10, 2024
Asia|Business|Economy|Finance|Stock Markets|US
US dollar rises, Aussie drops after Chinese trade data
The dollar rose on Tuesday ahead of U.S. inflation data that could offer clues about the Federal Reserve's monetary-easing path, while analysts assess the likely
December 10, 2024
Americas|Business|Economy|Political
Argentina monthly inflation seen under 3% in November, but sticky
Argentina's monthly inflation is likely to have remained under 3% in November, near its lowest level of the year but slightly up from the month before,
December 10, 2024
Business|Economy|Finance|Political|US
Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January- Reuters poll
The U.S.
December 10, 2024
Australia|Business|Economy|Finance
Australia central bank leaves door open to February rate cut
Australia's top central banker on Tuesday left open the door to a cut in interest rates as early as February, but emphasised the flow of economic data would have to give the bank
December 10, 2024
Business|Economy|Europe|Finance
SNB to cut rates 25 bps on Dec. 12, to reach zero or close next year
The Swiss National Bank will again cut its key policy rate by 25 basis points on Dec. 12, according to an over-85% majority of economists polled by Reuters, with
December 09, 2024
Australia|Business|Economy|Finance|Stock Markets
Australia's central bank closer to cutting rates, Feb not ruled out
Australia's central bank is getting closer to joining its peers in cutting interest rates, having sat tight for over a year now, but much will depend on
December 10, 2024