U.S. World Business Lifestyle
Today: June 17, 2025
Today: June 17, 2025

interest rates

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

BOJ raises short-term interest rates to 0.5% in widely expected move
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

Instant View: Investors react to interest rate hike from BOJ
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

UK consumer morale sinks to lowest since late 2023: GfK survey
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

Japan factory activity sinks to lowest level in 10 months, PMI shows
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

Japan's core inflation hits 16-month high, markets brace for BOJ hike
Asia|Economy|Finance|Political|Stock Markets

BOJ decides - 'dovish hike' incoming?

A look at the day ahead in Asian markets. 

BOJ decides - 'dovish hike' incoming?
Americas|Business|Economy|Political|US

Trump demands Fed cut rates, claims better monetary policy understanding

U.S.

Trump demands Fed cut rates, claims better monetary policy understanding
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

Trump says he will 'demand' that interest rates come down, but it won't be that simple
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.

Dollar dips after Trump comments as markets eye tariffs, central banks
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

Mexico headline inflation in early January beats expectations, slides below 4%
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

Rate sensitivity haunts already elevated Brazil public debt
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

Polish c.banker Tyrowicz still sees no reason to cut interest rates
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

S.Africa's Reserve Bank to cut rates by 25 bps Jan 30 to 7.50%- Reuters poll
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

China's shot in the arm for markets
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

Davos- Top NYSE exec sees robust US IPO activity in 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

Israel central bank chief says 1-2 rate cuts possible in 2025 if inflation cooperates
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

ECB's Rehn says inflation confidence will allow for rate cuts
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

US fiscal path unsustainable despite improved budget forecasts, says DoubleLine
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.

Record-high credit card interest rates and fees are bogging down consumers. Here's how to avoid them.
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

Economists ramp up projections for Brazil's interest rates to above 15%
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%.

Instant View: Canada's annual inflation rate eases to 1.8% in December
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

After two years of smooth sailing, Fed ready to navigate rocky bond market, Trump uncertainty
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

South Korea economy barely grew in Q4; BOK to cut rates in February - Reuters poll
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,

US dollar tumbles as Trump team suggests tariff delay, vows flurry of executive orders
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.

Guggenheim expects Fed to cut rates about every quarter in 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

Stock market today: Asian shares gain and bitcoin hits a record high ahead of U.S. inauguration
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.

Bank of Japan poised to raise rates to highest in 17 years
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

Japan November machinery orders beat forecast on strong factory investment
Asia|Business|Economy|Finance|Political|Stock Markets

Inauguration caution cools risk-on revival

A look at the day ahead in Asian markets. 

Inauguration caution cools risk-on revival
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

Even Fed officials are trying to figure out how to do their jobs in the next Trump era
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.

IMF expects more Bank of Japan interest rate hikes in 2025 and 2026
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,

Brazil's Haddad says high interest rates will curb inflation
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

Dollar holds gains against yen, steadies ahead of Trump inauguration
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

US mid-sized banks ride industry upswing on robust fee income
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

ECB's Elderson: we are not yet done easing policy
Business|Economy|Finance|Stock Markets|US

Corporate hedging to save debt costs may have worsened 10yr sell-off

A sell-off in U.S.

Corporate hedging to save debt costs may have worsened 10yr sell-off
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

ECB should not rush rate cuts, Nagel says
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

Small caps lose Trump bump as rising rates sap strength
Economy|Finance|Political|US

Fed to hold rates in Jan as Trump's policies stir inflation worries: Reuters poll

The U.S.

Fed to hold rates in Jan as Trump's policies stir inflation worries: Reuters poll
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.

BOJ likely to keep hawkish policy pledge, raise rates next week, sources say
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.

Economist predicts where mortgage rates are headed as 30-year fixed tops 7%
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

US retail sales exit 2024 with momentum; labor market on solid ground
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

Fed may cut rates sooner and faster than expected if disinflation trend holds up, Waller says
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

Bank of Canada to cut rates on Jan. 29, cautious over potential US tariff impact: Reuters poll
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

Why are interest rates rising when the Fed has been cutting them?
Business|Economy|Finance|Political|US

Dollar rules as investors eye Trump's economic policies

U.S.

Dollar rules as investors eye Trump's economic policies
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

BOJ will debate whether to hike rates next week, governor Ueda says
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

Bank of Korea unexpectedly holds rate steady as political turmoil, won weigh
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

Bank of Korea governor says resolving political turmoil key for economy
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

BOJ to raise rates by end-March, most analysts lean toward January hike- Reuters poll
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

Japan wholesale inflation steady near 4%, BOJ eyes rate hike next week
Asia|Business|Economy|Finance|Stock Markets

Global inflation relief lifts bond yield gloom

A look at the day ahead in Asian markets. 

Global inflation relief lifts bond yield gloom
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

Inflation revival persists as market risk despite CPI-fueled rally
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

Israel inflation eases in December for 3.2% rate in 2024
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

Bank of England's Taylor says it's time to cut interest rates
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

Bank of England to cut interest rates four times this year - Reuters poll
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

Traders bring back bets on two Fed rate cuts in 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

Canadian home sales fall in December; up 10% in fourth quarter
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

US inflation picked up in December but underlying price pressures eased
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

BOJ chief Ueda signals rate hike chance next week, yen jumps
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

UK inflation drop gives relief to Reeves after market selloff
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

UK inflation unexpectedly drops in December, easing pressure in bond markets
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

Bank Indonesia delivers surprise rate cut to support growth
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

Japan finance minister flags action against excessive foreign exchange movement
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

Capital One sued by US watchdog alleging bank cheated customers out of $2 billion
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

US inflation still slowing as producer prices rise below expectations in December
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.

Capital One sued by US CFPB for avoiding billions in interest payments
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

Capital One accused of ‘cheating millions of customers’ out of interest rate payments
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

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

ECB cannot lower rates too quickly, Holzmann says
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

BOJ deputy governor flags chance of rate hike next week
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,

ECB to end policy restriction by midsummer at latest, Rehn says
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

Russian central bank dismisses retail deposit freeze rumours
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

London stocks slip as markets stay wary of global rate outlook
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.

Column-Navigating the brave new world of bond investing - Taosha Wang
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

ECB seeking middle ground with rate cuts, Lane tells newspaper
Business|Economy|Finance|Stock Markets|US

Jobs report fuels Treasury yield surge as markets brace for 5% threshold

A recent surge in U.S.

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

Rosy wage outlook, weak yen drawing BOJ attention to inflation risks
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

Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts
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

Surging bond yields push UK midcaps to biggest weekly drop in over a year
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

Strong US job growth raises doubts about further Fed rate cuts
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

Brazil's inflation ends 2024 above target, setting stage for more rate hikes
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

Options market positioned for US Treasury 10-year yield to hit 5% in near term
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

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

China central bank is moving faster towards its policy limits
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,

Looming payrolls keep bond bears hungry
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

Stock market today: Global indexes are mixed as the US stock market remains closed
Business|Economy|Finance|US

Fed's Schmid says central bank 'near' neutral interest rate level

By Michael S.

Fed's Schmid says central bank 'near' neutral interest rate level
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

Fed's Bowman: supported Dec. rate cut as 'final' recalibration step
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

BoE's Breeden backs interest rate cuts, says hard to know how quickly
Economy|Finance|Political|US

Fed's Collins says now is time for patient, gradual approach to rate cuts

By Michael S.

Fed's Collins says now is time for patient, gradual approach to rate cuts
Economy|Finance|Political|US

Fed's Harker still expects rate cuts but says imminent move not needed

By Michael S.

Fed's Harker still expects rate cuts but says imminent move not needed
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

Germany records highest company insolvencies since financial crisis
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.

Fed can soothe Trump or Treasuries, not both: Mike Dolan
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

BOJ sees widening wage hikes, signals chance of near-term rate hike
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

Thai central bank seen cutting key rate by 50 bps in 2025, bond market group says
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

Stock market today: Wall Street holds firmer following Tuesday's slide
Economy|Finance|Political|Stock Markets|US

Fed minutes show Wall Street pushed back expected end of balance sheet drawdown

By Michael S.

Fed minutes show Wall Street pushed back expected end of balance sheet drawdown
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

ECB could reach neutral rate by summer, Villeroy says
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

Top Fed official backs new rate cuts even if Trump tariffs materialize
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

Brazil's savings withdrawals outpace deposits for fourth straight year
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

US dollar stranglehold on global FX sets stage for euro parity - Reuters Poll
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

Japan's consumer mood worsens, casting doubt on rate hike timing
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

Australia's core inflation slows, keeping door open to Feb rate cut
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

Former BOJ chief Kuroda predicts more rate hikes
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.

Euro zone inflation jumps on higher energy costs
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

December central bank rate cuts take 2024 easing push to historic level
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

Euro zone consumers raise inflation expectations in November, ECB poll shows
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

UK construction growth slows to 6-month low, PMI shows
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

Bank of Israel holds rates on high inflation, economic uncertainty
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

BOJ's Ueda vows to keep hiking rates with focus on risks
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

Fed's Kugler, Daly say job not done on inflation
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

Bank of Israel to hold rates this week but cut possible in February - Reuters Poll
Business|Economy|Finance|Political|US

Fed's Kugler says data will drive Fed policy choices amid uncertainty

By Michael S.

Fed's Kugler says data will drive Fed policy choices amid uncertainty
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

Fed policy may need to stay restrictive for longer due to inflation risk, Barkin says
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

European stocks see off holiday-shortened week lower
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

Oil heads for weekly gains on colder weather, Chinese policy support
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

China’s central bank says it will cut banks reserves, rates at proper time
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

Dollar at two-year high on growth outlook, euro tumbles
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

Gold set for brightest year since 2010 on rate cuts, safe-haven demand
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

Lula's embrace of new Brazil central banker has markets wary
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

Dollar gains broadly, slips against yen with interest-rate policy in focus
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

Stocks hit, dollar slips in illiquid year-end profit taking
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.

India's widening bank liquidity deficit warrants more measures, traders say
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

BOJ produces estimates on how future rate hikes affect earnings
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

BOJ debated rate-hike timing, some called for near-term move, Dec summary shows
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

Inflation in Japan's capital accelerates, keeps rate hike prospects intact
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

Interest rate path to determine if Aussie banks can sustain rich valuations in 2025
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.

Dow ends up to extend win run to five; rising yields pressure megacap stocks
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

Japan corporate service inflation rises, bolsters BOJ rate-hike odds
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.

Wall Street ends higher as Santa rally begins
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

BOJ debated need for caution in raising rates, Oct minutes show
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

Bumpy ride for US corporate bond spreads expected in 2025
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

Bank of Canada's Dec 11 jumbo rate cut was a close call, minutes show
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

Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
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

Lagarde says ECB very close to reaching its inflation goal, FT reports
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

Markets in 2024: Wall Street's high-octane rally keeps investors captive to the US
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,

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

Stocks rally after inflation data but close lower for the week
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

Dollar poised to finish week higher after inflation data, Fed rate cut
Economy|Finance|US

Fed policymakers see slower rate-cut path next year

By Michael S.

Fed policymakers see slower rate-cut path next year
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

Federal Reserve's preferred inflation gauge shows price pressures eased last month
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

Russian central bank keeps rates on hold after Putin's call for 'balance'
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

Government shutdown and tariff fears jar year-end markets
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

Japan says overall economy recovering, cuts view on corporate profits
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

Japan's government 'alarmed' by recent forex moves, top officials say
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

Japan's core inflation accelerates, keeps BOJ rate-hike chance alive
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

Stocks end flat after Fed-induced selloff as early bounce fades
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

More hawkish Fed policy committee may increase dissent in 2025
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

Europe's STOXX 600 clocks worst day in more than a month after Fed's hawkish signal
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

No need for ECB to start stimulating growth, Patsalides says
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

Markets fear Fed floor at 4%, dollar booms
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

Imminent Russian rate hike adds to dismal outlook for house-buyer hopefuls
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.

Instant view: BoE keeps rates on hold but policymakers more divided
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

Big year of central bank easing wraps up with dovish BoE, Fed caution
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

Bank of England more split than expected over December rate decision
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

Japan economy in 'delicate state', says banking lobby head
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

Fed's hawkish cut fires up rate hike debate: McGeever
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.

Global central banks urge caution before Trump arrival
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

Bank of England warns of 'heightened uncertainty' as it keeps interest rates on hold
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.

UK gilt yields jump again after Fed signals go-slow on rate cuts
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

BOJ keeps ultra-low rates, gives few clues on when it might hike
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

BOJ says unconventional policies cannot replace traditional rate policy
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

Investors react to BOJ's decision to keep rates steady
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

Japan holds, Bank of England up next
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

BOJ keeps rates steady by 8-1 vote, board member Tamura dissents
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.

South Korean won hits 15-year low as hawkish Fed, domestic politics weigh
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 "

Bank of England to keep rates steady as price pressures linger
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

US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025
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

US rate futures price in Fed on hold in January, less than two cuts in 2025
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

Fed lowers rates but sees fewer cuts next year due to stubbornly high inflation
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.

Fed's 'hawkish cut' slams markets, BOJ up next
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

Stocks dive after Fed cuts rates, signals slower easing pace in 2025
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

Stocks skid after Fed signals it will slow down its easing
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

Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
Economy|Finance|Stock Markets|US

Fed cuts rates 25 bp, scales back 2025 easing projections

The U.S.

Fed cuts rates 25 bp, scales back 2025 easing projections
Business|Economy|Finance|US

Key takeaways from the Fed’s third rate cut

Key takeaways from the Fed’s third rate cut

Key takeaways from the Fed’s third rate cut
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

Dow plunges more than 1,100 points and marked its longest losing streak since 1974
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

Fed policymakers project two quarter-point rate cuts next year
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

Markets edgy as Fed awaited
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

UK inflation hits 8-month high but underlying pressures steady
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.

Fed looms and Europe gets inflation data
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

BOJ's rate hike debate shifts from 'when?' to 'how high?'
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.

2024 the 'year of the bond' as record inflows top $600 billion
Asia|Business|Economy|Finance|Stock Markets

Central bank fever builds, saps risk appetite

A look at the day ahead in Asian markets. 

Central bank fever builds, saps risk appetite
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

Stock market today: Wall Street trims its stellar gains as Nvidia's star dims again
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

The Dow just did something it hasn’t done since Jimmy Carter was president
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

Canada's inflation rate ticks down to 1.9% in November
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.

South African rand weakens ahead of Fed decision
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

Hungary central bank leaves base rate steady for third straight month
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.

Trump bump? Fed officials prepare projections into new presidential term
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.

Bonds agitated as Fed meets, G7 politics rumble
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

Bank of Korea board members see need to respond to slowing economy, minutes show
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

UK pay growth speeds up, adding to worries for Bank of England
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

Over 90% of market players expect BOJ to keep rates steady this week, survey shows
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

Brazil currency hits record low amid ongoing fiscal woes
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.

ECB expects more rate cuts as inflation fears abate
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

Nasdaq closes at record as investors prepare for Fed rate decision
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

Dollar edges higher against major peers as investors eye Fed rate cut
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

Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
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

ECB is confident that inflation will converge to target in 2025, De Guindos says
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

ECB should keep cutting rates in small steps, Kazimir says
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

Australia's central bank gets banker, economist to rate-setting board
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

Bank of Thailand to hold rates this year, economists split on next cut - Reuters poll
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. 

2024 bull run in home stretch, China 'data dump' eyed
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

Israel's inflation slips to 4-month low of 3.4% in November
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

Stock market today: Wall Street ends mixed after a bumpy week
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

Fed rate view in focus as robust stocks year draws to close
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

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.

Big banks expect a quarter-point cut for ECB's first meeting of 2025
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,

Marginal rise in US import prices suggests inflation pressures may subside
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

ECB's Centeno sees further gradual rate easing in coming quarters
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

Wall St near records as central banks end 2024 with rate cuts
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.

US data has Fed striding toward rate cut next week, and tip-toeing into 2025
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.

ECB governors back more rate cuts if inflation settles at goal
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

As euro zone risks mount, markets seek clarity on pace of ECB rate cuts
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

BOJ to skip rate hike in December, majority of economists say: Reuters poll
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

BOJ's rate hike plans clouded by small firms' wage woes
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.

How likely is a Bank of Japan rate hike next week?
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

Japan business mood improves slightly, global risks cloud outlook
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

BOJ leaning toward keeping rates steady next week, sources say
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

Brazil's currency weakens, changing course despite aggressive rate strategy
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

Wall Street hopes rate cuts will force clients out of cash in 2025
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

Handful of ECB policymakers wanted larger cut, worried about tariffs - sources
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

ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies
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

Traders add to bets the Fed will keep cutting rates next year
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

ECB cuts interest rates for fourth time this year
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

ECB, Swiss set to cut, but by how much?
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

Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada
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,

Brazil's central bank hikes more than expected, signals more tightening ahead
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

US inflation ticked up last month as some price pressures remain persistent
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

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000
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

US consumer prices post largest rise in seven months; rents finally slowing
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

Bank of Canada cuts rates by 50 bps says more gradual approach to follow
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

Bank of England set to stay in central bank slow lane and keep rates on hold
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,

Japan's wholesale inflation accelerates, keeps BOJ rate-hike plan in focus
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

BlackRock sees investor shift from cash after even 'modest' rate cuts
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

US dollar rises, Aussie drops after Chinese trade data
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,

Argentina monthly inflation seen under 3% in November, but sticky
Business|Economy|Finance|Political|US

Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January- Reuters poll

The U.S.

Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January- Reuters poll
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

Australia central bank leaves door open to February rate cut
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

SNB to cut rates 25 bps on Dec. 12, to reach zero or close next year
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

Australia's central bank closer to cutting rates, Feb not ruled out
Asia|Australia|Business|Economy|Finance|Stock Markets

RBA decides, debate sparks over China policy shift

A look at the day ahead in Asian markets. 

RBA decides, debate sparks over China policy shift
Business|Economy|Finance|Political|Stock Markets|US

FX markets brace for G10 policy blitz: McGeever

An extraordinary year for investors is poised to end with a monetary policy bang, with almost every G10 central bank scheduled to deliver interest rate

FX markets brace for G10 policy blitz: McGeever
Asia|Business|Economy|Finance|Political|Stock Markets|US

Stock market today: Nvidia drags Wall Street from its records as oil and gold rise

A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records

Stock market today: Nvidia drags Wall Street from its records as oil and gold rise
Business|Economy|Finance|Stock Markets|US

Citigroup joins Wall Street peers in forecasting 25 bps rate cut by Fed in December

Citigroup, previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S.

Citigroup joins Wall Street peers in forecasting 25 bps rate cut by Fed in December
Americas|Australia|Business|Economy|Europe|Finance|Political|Stock Markets|US

Crypto gain, Europe pain

Bitcoin smashing the $100,000 barrier raises the prospect of the cryptocurrency going mainstream, U.S. inflation data will show how much pressure there is on the Fed to adjust rates and

Crypto gain, Europe pain
Business|Economy|Europe|Finance|Political

The pressure's on: Five questions for the ECB

The European Central Bank looks set to cut rates again on Thursday as inflation heads down, and financial markets are keen for a sense of

The pressure's on: Five questions for the ECB
Economy|Finance|Political|US

Trump says he will not try to replace Fed's Powell

U.S. President-elect Donald Trump said in an interview aired on Sunday he will not try to replace Federal Reserve Chair Jerome Powell upon taking office in January.

Trump says he will not try to replace Fed's Powell
Business|Economy|Finance|Stock Markets|US

S&P 500, Nasdaq hit record closing highs; Lululemon gains, data supports rate cut view

The Nasdaq and the S&P 500 rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica and other companies and as U.S. jobs

S&P 500, Nasdaq hit record closing highs; Lululemon gains, data supports rate cut view
Business|Economy|Finance|Stock Markets|US

Inflation report poses test for stocks rally as Fed meeting looms

An inflation report in the coming week will test the strength of the record-setting U.S. stocks rally and provide a crucial piece of data that could factor into

Inflation report poses test for stocks rally as Fed meeting looms
Business|Economy|Finance|Political|US

Bank of Canada to slash rates by another 50 bps on Dec. 11: Reuters poll

The Bank of Canada will slash interest rates by a half percentage point at a second consecutive meeting on Dec. 11, according to a majority of

Bank of Canada to slash rates by another 50 bps on Dec. 11: Reuters poll
Business|Economy|Finance|US

Fed seen poised to cut rates this month, debate 2025 pause

Federal Reserve officials appear on track to cut interest rates this month after data showed the U.S. labor market remained

Fed seen poised to cut rates this month, debate 2025 pause
Business|Economy|Finance|US

Fed's Goolsbee hopes neutral can be in sight by late next year

Chicago Federal Reserve president Austan Goolsbee said that economic conditions will determine how fast the Federal Reserve cuts rates from here, but added he

Fed's Goolsbee hopes neutral can be in sight by late next year
Business|Economy|Finance|US

Fed's Hammack says time to slow rate cuts may have arrived

By Michael S.

Fed's Hammack says time to slow rate cuts may have arrived
Business|Economy|Finance|Stock Markets|US

Instant view: US Nov payrolls show job growth accelerated after October hiccup

U.S. job growth surged in November after being severely constrained by hurricanes and strikes, but probably does not signal a material shift in labor market conditions that continue to

Instant view: US Nov payrolls show job growth accelerated after October hiccup
Americas|Business|Economy|Finance

Brazil central bank to step up rate hike campaign on Dec. 11- Reuters poll

The Brazilian central bank will step up its campaign to raise interest rates with a big 75 basis point hike on Dec. 11, possibly also hinting at more

Asia|Business|Economy|Finance

India cenbank takes steps to increase forex inflows to boost struggling rupee

The Reserve Bank of India on Friday raised the interest rate ceiling that banks can offer for foreign currency non-resident (FCNR-B) deposits to boost forex

India cenbank takes steps to increase forex inflows to boost struggling rupee
Australia|Business|Economy|Finance

RBA to hold rates steady in December, first cut pushed to Q2: Reuters poll

Australia's central bank will hold interest rates steady on Tuesday as a resilient labour market keeps inflation elevated, according to economists

RBA to hold rates steady in December, first cut pushed to Q2: Reuters poll
Asia|Business|Economy|Finance|Stock Markets

India rate call in focus, political crises cool

A look at the day ahead in Asian markets. 

India rate call in focus, political crises cool
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares weaker ahead of Federal Reserve interest rate decision

Asian shares are mostly weaker in cautious trading ahead of the Federal Reserve’s looming decision on interest rates

Stock market today: Asian shares weaker ahead of Federal Reserve interest rate decision
Business|Economy|Finance|US

Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'

Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools

Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'
Business|Economy|Europe|Finance

Sweden's central bank hikes key interest rate, saying inflation is still too high

Sweden’s central bank has raised its key interest rate, saying the “inflationary pressures in the Swedish economy are still too high.”

Sweden's central bank hikes key interest rate, saying inflation is still too high
Asia|Business|Economy|Finance|Stock Markets

Wall Street stocks, bitcoin take breath from record highs ahead of US jobs data

Bitcoin traded near $100,000 on Thursday as investors bet on a friendly U.S. regulatory shift, while world stocks pulled back slightly

Wall Street stocks, bitcoin take breath from record highs ahead of US jobs data
Economy|Election|Finance|Political|US

Why Trump and the Federal Reserve could clash in the coming years

President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households

Why Trump and the Federal Reserve could clash in the coming years
Business|Economy|Europe|Finance|Political

Key quotes from ECB policymakers ahead of likely rate cut on Dec 12

Following are quotes from ECB policymakers in the run-up to the Dec 12 policy meeting where a rate cut is almost certain and only the size is up for debate, with most seemingly

Key quotes from ECB policymakers ahead of likely rate cut on Dec 12
Business|Economy|Finance|Political|US

Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates

Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates

Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates
Business|Economy|Finance|US

Powell says Fed can afford to be a little more cautious

U.S.

Powell says Fed can afford to be a little more cautious
Economy|Finance|Political|US

Powell: Fed's independence from politics is vital to its interest rate decisions

Chair Jerome Powell said the Federal Reserve’s ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or political outcome

Powell: Fed's independence from politics is vital to its interest rate decisions
Business|Economy|Finance|Stock Markets|Technology|US

BlackRock bets on AI-driven stocks rally but US debt clouds 2025 outlook

BlackRock expects the artificial intelligence boom to continue to boost U.S. stocks next year and support economic growth more broadly, although rising U.S.

BlackRock bets on AI-driven stocks rally but US debt clouds 2025 outlook
Economy|Finance|Political|US

Fed's Musalem expects more rate cuts, keeping options open on December meeting

St.

Fed's Musalem expects more rate cuts, keeping options open on December meeting
Business|Economy|Finance

National Bank of Canada profit rises on strong wealth management business

National Bank of Canada reported a rise in fourth-quarter profit on Wednesday, helped by strong performance in its wealth management unit.

National Bank of Canada profit rises on strong wealth management business
Business|Economy|Europe|Finance

BoE's Bailey sticks to 'gradual' script for rate cuts

Bank of England Governor Andrew Bailey reiterated in an interview published on Wednesday that gradual cuts in interest rates are likely over the next year, adding that the process of

BoE's Bailey sticks to 'gradual' script for rate cuts
Asia|Business|Economy|Finance|News|Stock Markets|US

Tech pulls down Asia stocks, dollar gains on inflation data

Asian stocks slumped on Friday, tracking tech-led declines on Wall Street overnight after hotter-than-forecast U.S. inflation knocked back bets for how soon and

Tech pulls down Asia stocks, dollar gains on inflation data
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Asian shares trade mixed after Wall Street closes near record finish

Asian shares are trading mixed as investors await further indications of future U.S. interest rate cuts

Stock market today: Asian shares trade mixed after Wall Street closes near record finish
Business|Economy|Europe|Finance

Morning Bid: No holiday for US core inflation

A look at the day ahead in European and global markets from Wayne Cole.

Morning Bid: No holiday for US core inflation
Business|Economy|Finance|News|Stock Markets|US

Futures ease at start of holiday-shortened week

U.S. stock index futures edged lower at the start of a holiday-shortened week on Monday, as investors look ahead to speeches from Federal Reserve officials and a key inflation marker later

Futures ease at start of holiday-shortened week
Business|Economy|Finance

Dollar dips, yen draws support from Tokyo's jawboning

The dollar was on the back foot on Tuesday, owing to profit taking and pressured in part by a slightly stronger yen as Japanese government officials continued with

Dollar dips, yen draws support from Tokyo's jawboning
Asia|Business|Economy|Finance|Stock Markets

Stocks hemmed in by rate risks; yuan wobbles

Asian equities climbed on Tuesday but could not break this month's highs as mixed messages from U.S.

Stocks hemmed in by rate risks; yuan wobbles
Uncategorized

Fed says official net negative income was $114.3 billion in 2023

By Michael S.

Fed says official net negative income was $114.3 billion in 2023
Business|Economy

Small business hiring woes show signs of easing as economy stays strong

Hiring woes may be easing for small businesses

Small business hiring woes show signs of easing as economy stays strong
Uncategorized

Fed's Waller still sees 'no rush' to cut rates amid sticky inflation data

By Michael S.

Fed's Waller still sees 'no rush' to cut rates amid sticky inflation data
Economy|Finance|News|US

Fed's balancing act could see June rate cut in play even with sticky inflation

Federal Reserve Chair Jerome Powell says the central bank is not growing more tolerant of higher inflation even though the latest policymaker projections

Fed's balancing act could see June rate cut in play even with sticky inflation
Business|Economy|Finance|Stock Markets|US

Investors eye Fed rate cut, earnings as key to sustaining market rally

After a stellar start to the year for stocks, investors are on guard for potential bumps in the second quarter as they gauge whether the Federal Reserve delivers

Investors eye Fed rate cut, earnings as key to sustaining market rally
Business|Economy|Finance|News|US

An inflation gauge closely tracked by the Federal Reserve shows price pressures easing gradually

A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease

An inflation gauge closely tracked by the Federal Reserve shows price pressures easing gradually
Economy|Finance|News|US

US inflation increases moderately in February; consumer spending surges

U.S. prices increased moderately in February and the cost of services outside housing slowed considerably, keeping a June interest rate cut from the Federal Reserve on the table

Europe|Finance

Inflation has slid again in Europe. What that means for interest rates

Inflation has fallen again in Europe, to 2.4% in March

Inflation has slid again in Europe. What that means for interest rates
Business|Economy|Finance|US

US applications for unemployment benefits rise, but layoffs remain at historically low levels

The number of Americans applying for jobless benefits rose last week but layoffs remain at historically low levels as the labor market continues to chug along despite elevated interest rates

US applications for unemployment benefits rise, but layoffs remain at historically low levels
Business|Economy|Finance|Stock Markets|US

When will Fed cut rates? As US economy flexes its muscles, maybe later or not at all

Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, would-be homeowners — pretty much everyone — began obsessing over a single question: When will the Fed start cutting rates

When will Fed cut rates? As US economy flexes its muscles, maybe later or not at all
Asia|Business|Finance|Stock Markets|US

Stock market today: Asia stocks rise with market focus on signs of interest rate cut

Asia stocks are mostly higher, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve

Stock market today: Asia stocks rise with market focus on signs of interest rate cut
Business|Economy|Finance|US

Key question before US reveals latest consumer prices: Is inflation cooling enough for the Fed?

An eagerly awaited report Wednesday on consumer prices will show whether inflation is still easing, a trend the Federal Reserve will weigh in deciding when and by how much — or even whether — to cut interest rates this year

Key question before US reveals latest consumer prices: Is inflation cooling enough for the Fed?
Asia|Economy|Finance|Stock Markets|US

Stock market today: Asian shares are mixed, taking hot US inflation data in stride

Asian shares are mixed after U.S. stocks fell on worries that what seemed like a blip in the battle to bring down inflation is turning into a troubling trend

Stock market today: Asian shares are mixed, taking hot US inflation data in stride
Economy|Europe|Finance

When are those rate cuts coming, already? The European Central Bank may be providing some hints

Markets are waiting to hear what European Central Bank President Christine Lagarde has to say about the timing of a first interest rate cut

When are those rate cuts coming, already? The European Central Bank may be providing some hints
Business|Economy|Europe|Finance|Political

ECB rate cut of 25 bps possible, not more, ECB's Holzmann tells paper

It is "conceivable" that the European Central Bank will cut interest rates by 25 basis points at its next rate-setting meeting this month but not more, ECB policymaker Robert

ECB rate cut of 25 bps possible, not more, ECB's Holzmann tells paper
Business|Economy|Finance|News|US

US producer prices rose 2.1% from last year, most since April, as inflation remains stubborn

U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, offering more evidence that progress against inflation may have stalled this year and raising doubts about whether and when the Federal Reserve will start cutting interest rates

US producer prices rose 2.1% from last year, most since April, as inflation remains stubborn
Business|Economy|Finance|US

Fed's Daly: absolutely no urgency to cut US interest rates

San Francisco Federal Reserve President Mary Daly said on Friday there is still "a lot of work to do" to make sure inflation is on track to the Fed's 2% goal, and there is "absolutely" no

Fed's Daly: absolutely no urgency to cut US interest rates
Business

Inflation still too high for Fed to cut interest rates, Schmid says

By Michael S.

Inflation still too high for Fed to cut interest rates, Schmid says
Economy|Europe|Finance

Analysis-Europe's economic divergence with US is real but has its limits

Inflation in the euro zone is different to that in the United States, much as ECB President Christine Lagarde insists, but the bloc will

Analysis-Europe's economic divergence with US is real but has its limits
Economy|Election|Finance|US

Hot inflation may put Fed rate cut in thick of election season

Hot U.S. inflation data has put the Federal Reserve's debate over a first interest rate cut on a potential collision course with the presidential election

Hot inflation may put Fed rate cut in thick of election season
Business|Economy|Finance|US|World

IMF head says higher US rates could become a worry if they persist

IMF chief Kristalina Georgieva on Thursday said higher U.S. interest rates were not great news for the rest of the world and could become a worry if they

IMF head says higher US rates could become a worry if they persist
Uncategorized

Fed's Collins sees no urgency to cut rates

By Michael S.

Fed's Collins sees no urgency to cut rates
MidEast|US

Dollar stands tall as US rate-cut bets recede

The dollar steadied on Monday, holding its biggest weekly gain since 2022, as escalating conflict in the Middle East and the prospect of stubbornly high U.S. interest rates gave

Dollar stands tall as US rate-cut bets recede
Business|Economy|Finance|US

US Fed should not act urgently when it's not required, Daly says

San Francisco Federal Reserve Bank President Mary Daly said on Monday there is no urgency to cut U.S. interest rates, with the economy and labor market strong, and

US Fed should not act urgently when it's not required, Daly says
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Asian shares track Wall Street slump triggered by strong US spending data

Asian shares have skidded following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks

Stock market today: Asian shares track Wall Street slump triggered by strong US spending data
Business|Finance|MidEast|News|Stock Markets|US

Futures ease as bond yields stay elevated amid Middle East tensions

U.S. stock index futures edged lower on Tuesday, weighed by elevated Treasury yields as investors remained wary of the conflict in the Middle East, turning the lens on company earnings to

Futures ease as bond yields stay elevated amid Middle East tensions
Business|Economy|Finance|News|US

Fed's Powell, Jefferson to square 'restrictive' policy with strong data

Federal Reserve Chair Jerome Powell and Vice Chair Philip Jefferson will make what are likely to be their last public comments before the U.S. central bank's

Fed's Powell, Jefferson to square 'restrictive' policy with strong data
Business|Economy|Finance|News|US

A top Federal Reserve official opens door to keeping rates high for longer

Federal Reserve Vice Chair Philip Jefferson suggested that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation

A top Federal Reserve official opens door to keeping rates high for longer
Business|Economy|Finance|US

Repeat offenders made up 40% of US corporate defaults in 2023, Moody's says

Around 40% of U.S. companies that defaulted on their debt obligations in 2023 had previously done so, according to a new report from credit ratings agency Moody's.

Repeat offenders made up 40% of US corporate defaults in 2023, Moody's says
Business|Economy|Finance|US

US funding rates rise modestly on tax outflows, Treasury supply

U.S. short-term funding costs rose slightly this week due to tax-related outflows and demand for cash to finance the Treasury's debt issuance, but market

US funding rates rise modestly on tax outflows, Treasury supply
Business|Economy|Finance|News|US

Fed's Powell suggests that elevated inflation will likely delay rate cuts this year

Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed rate cuts until later this year because “recent data have clearly not given us greater confidence” that price increases are under control

Fed's Powell suggests that elevated inflation will likely delay rate cuts this year
Asia|Business|Economy|Finance|News|US

Oil prices dip as demand concerns outweigh Middle East supply fears

Oil prices eased in early trade on Wednesday as worries about global demand due to weak economic momentum in China and fading hopes for U.S. interest rate cuts in

Oil prices dip as demand concerns outweigh Middle East supply fears
Business|Economy|Finance|News|US

Dollar steady, yen fragile after Fed comments dash rate cut bets

The dollar was broadly steady on Wednesday, keeping the yen rooted near 34-year lows after comments from Federal Reserve officials, including Chair Jerome

Dollar steady, yen fragile after Fed comments dash rate cut bets
Economy|Europe|Finance|News

UK inflation falls to lowest level since late 2021 as food prices ease further

Inflation in the U.K. fell to its lowest level in two and a half years in March after a further easing in food prices

UK inflation falls to lowest level since late 2021 as food prices ease further
Business|Economy|US

US economic activity expanded slightly in recent weeks, Fed survey shows

U.S. economic activity expanded slightly from late February through early April and there were fears among firms that progress in lowering inflation would stall, a Federal Reserve survey

US economic activity expanded slightly in recent weeks, Fed survey shows
Economy

NY Fed sees more time needed to shrink central bank holdings

By Michael S.

NY Fed sees more time needed to shrink central bank holdings
Business|Economy|Finance|US

US existing home sales drop in March; median price increases

U.S. existing home sales fell in March as higher interest rates and house prices sidelined buyers from the market.

US existing home sales drop in March; median price increases
Business|Economy|News|US

Philly Fed manufacturing gauge charges to 2-year high

Manufacturing activity in the U.S.

Business|Economy|Finance|US

Average long-term US mortgage rate climbs above 7% to highest level since late November

Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months

Average long-term US mortgage rate climbs above 7% to highest level since late November
Business|Economy|Finance|US

Fed's rate-cut foot-dragging grates on global peers at IMF meetings

Finance chiefs from economies large and small are scrambling to keep pace with the Federal Reserve's rapid resetting of rate-

Fed's rate-cut foot-dragging grates on global peers at IMF meetings
Economy|Finance|US

Fed policy on hold because of 'stalled' progress on inflation, Goolsbee says

Progress on bringing down inflation has "stalled" this year, Chicago Federal Reserve President Austan Goolsbee said on Friday, becoming the latest U.S. central banker to drop

Fed policy on hold because of 'stalled' progress on inflation, Goolsbee says
Business|Europe|Finance|Stock Markets

Europe's bank earnings to offer interest rate reality check

Investors should get a clearer picture this week of whether higher interest rates are still boosting European bank

Europe's bank earnings to offer interest rate reality check
Business|Economy|Finance|US

Fed hawks and doves: what US central bankers are saying

U.S. central bankers have kept their target for short-term borrowing costs in the 5.25%-5.50% range since last July, when they completed their 2022-2023 rate-hike campaign to combat soaring

Fed hawks and doves: what US central bankers are saying
Business|Economy|Europe|Finance

Column-BoE tries to sail a mid-ocean policy :Mike Dolan

Cut in June or not at all? The Bank of England is left parsing policy between a European Central Bank nailed on for cutting rates by mid-year and a U.S.

Column-BoE tries to sail a mid-ocean policy :Mike Dolan
Business|Economy|Finance|US

US growth likely slowed last quarter but still pointed to a solid economy

The U.S. economy is thought to have extended its surprisingly healthy streak at the start of this year, with consumers still spending freely despite the pressure of high interest rates

US growth likely slowed last quarter but still pointed to a solid economy
Business|Economy|Finance|News|US

Confounding US economic, inflation data cloud Fed's rate path

The Federal Reserve's latest financial stability report was good news for anyone worried that a record run of interest rate hikes might overstress the banking system or

Confounding US economic, inflation data cloud Fed's rate path
Economy|Finance|US

Japan's yen tumbles to 34-year low; US dollar gains after inflation data

The dollar surged to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, coming in

Japan's yen tumbles to 34-year low; US dollar gains after inflation data
Economy|Europe|Finance

Macron dig at ECB remit may jar bond investor nerves :Mike Dolan

The slightly alarming sight of a French leader calling on the European Central Bank to nuance its focus on inflation may be less dramatic than it first seems - but it

Macron dig at ECB remit may jar bond investor nerves :Mike Dolan
News|US

Take Five: Fed straight ahead

A U.S.

Take Five: Fed straight ahead
Economy|News|US

Fed's preferred inflation gauge shows price pressures stayed elevated last month

A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid

Fed's preferred inflation gauge shows price pressures stayed elevated last month
Business|Finance|Stock Markets|Technology|US

Lofty US stocks leave investors punishing earnings disappointments

Richly valued U.S. stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and

Lofty US stocks leave investors punishing earnings disappointments
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Asian shares rise, cheered by last week's tech rally on Wall Street

Asian shares are higher amid optimism over the rally that ended the week on Wall Street, although eyes are on the Federal Reserve policy meeting set for later this week

Stock market today: Asian shares rise, cheered by last week's tech rally on Wall Street
Business|Economy|Finance|US

In the Market: Economic surprises are messing with the market's favorite recession predictor

A bond market anomaly that has reliably predicted a U.S. recession in the past may normalize this year in a highly unusual manner. It's a worry for markets.

In the Market: Economic surprises are messing with the market's favorite recession predictor
Business|Economy|Finance

Analysis-Inflation hasn't lost its grip on bond markets yet

Government borrowing costs across developed economies saw their biggest jumps in months in April, evidence that bond markets are not yet out of the woods when it comes to

Analysis-Inflation hasn't lost its grip on bond markets yet
Business|Economy|News|US

Growth in US labor costs accelerates in first quarter

U.S. labor costs increased more than expected in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that

Growth in US labor costs accelerates in first quarter
Economy|Europe|Finance

ECB should start cutting rates in June if inflation keeps falling, De Cos says

The European Central Bank should start cutting interest rates in June if inflation continues its gradual decline as expected, European Central Bank policymaker Pablo Hernandez de

ECB should start cutting rates in June if inflation keeps falling, De Cos says