U.S. World Business Lifestyle
Today: June 18, 2025
Today: June 18, 2025

interest rates

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
Economy|Finance|News

Russian central bank warns of slower drop in inflation as it holds rates at 16%

Inflation is set to ease more slowly than previously thought, Russia's central bank said on Friday as it held its key

Russian central bank warns of slower drop in inflation as it holds rates at 16%
Asia|Business|Economy|Finance|News

BOJ keeps low rates, hints of future rate hikes fail to stem yen fall

The Bank of Japan kept interest rates around zero on Friday and highlighted a growing conviction that inflation was on track to durably hit its target of 2% in coming

BOJ keeps low rates, hints of future rate hikes fail to stem yen fall
Business|Economy|Finance

Pakistan central bank expected to hold rates on Monday ahead of IMF deal, Reuters poll finds

Pakistan's central bank is widely expected to hold its key interest rate at a record 22% for the seventh straight policy meeting on Monday as Pakistan gears up for

Pakistan central bank expected to hold rates on Monday ahead of IMF deal, Reuters poll finds
Asia|Economy|Finance|News

Analysis-The yen has a yield problem the BOJ can't easily fix

As the yen plumbs three-decade lows and pressure grows on Japan to intervene or make monetary policy changes, traders figure there is not much Tokyo can do to reverse

Analysis-The yen has a yield problem the BOJ can't easily fix
Asia|Economy

South Korea Q1 GDP growth smashes estimates, but outlook's uncertain

The South Korean economy grew at the fastest pace in more than two years in the first quarter beating all estimates with a pick-up in domestic

South Korea Q1 GDP growth smashes estimates, but outlook's uncertain
Business|Economy|News|US

US job openings fall to 8.5 million in March, the lowest level in more than 3 years

U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates

US job openings fall to 8.5 million in March, the lowest level in more than 3 years
Americas|Economy|Finance

Short-term market moves must not spook Brazil central bank, director says

Brazil's central bank director Gabriel Galipolo said on Wednesday that the monetary authority should not get spooked with "short-term" market fluctuations and will need time to

Short-term market moves must not spook Brazil central bank, director says
Economy|Europe|News

ECB's June rate cut not necessarily followed by others, Nagel says

Euro zone inflation could still prove stubborn so a European Central Bank rate cut in June will not necessarily be followed by further policy easing, Bundesbank President Joachim

ECB's June rate cut not necessarily followed by others, Nagel says
Business|Economy|Finance

Timing of first BoE rate cut splits economists between June and Q3 - Reuters poll

The Bank of England will wait until next quarter to lower borrowing costs, according to median forecasts in a Reuters poll, although almost half of those

Timing of first BoE rate cut splits economists between June and Q3 - Reuters poll
Business|Economy|Finance|News

Bank of England's Haskel says looser labour market key for 2% inflation

More slack in Britain's labour market is needed to be confident that inflation will stay at 2%, Bank of England policymaker Jonathan Haskel said on Tuesday.

Bank of England's Haskel says looser labour market key for 2% inflation
Asia|Business|Economy|Finance

BOJ will hike rates if trend inflation accelerates, gov Ueda says

The Bank of Japan will raise interest rates again if trend inflation accelerates toward its 2% target as expected, governor Kazuo Ueda said, keeping alive market

BOJ will hike rates if trend inflation accelerates, gov Ueda says
Business|Economy

UK businesses expand at fastest pace in 11 months, PMI survey shows

British businesses recorded their fastest growth in activity in nearly a year this month, according to preliminary purchasing managers' data that points to a

UK businesses expand at fastest pace in 11 months, PMI survey shows
Asia|Business|Economy|Finance

BOJ to project inflation will stay around target, signal chance for rate hike

The Bank of Japan is expected to project inflation will stay around its 2% target for the next three years in new forecasts due on Friday, signalling

BOJ to project inflation will stay around target, signal chance for rate hike
Business|Economy|Europe|Finance

Analysis-ECB governors stick to plan for multiple rate cuts despite global headwinds

European Central Bank officials are sticking to plans to cut interest rates multiple times this year, even as higher U.S. inflation delays a pivot to looser

Analysis-ECB governors stick to plan for multiple rate cuts despite global headwinds
Business|Economy|Finance|News

Bank Indonesia's first rate cut pushed to Q3, smaller cuts this year as rupiah falls - Reuters poll

Bank Indonesia will cut its key interest rate next quarter and again in the fourth quarter, later than previously expected, as inflation rises and the rupiah

Bank Indonesia's first rate cut pushed to Q3, smaller cuts this year as rupiah falls - Reuters poll
Asia|Finance

Powell sparks stock volatility, yen soars

A look at the day ahead in Asian markets. Asia gets back up toward full speed on Thursday after many markets were closed for the May Day holiday, with the U.S.

Powell sparks stock volatility, yen soars
News|US

Fed leaves rates unchanged, flags 'lack of further progress' on inflation

The U.S.

Fed leaves rates unchanged, flags 'lack of further progress' on inflation
Business|Economy|Finance

Bank of Japan's hawkish whispers drowned out by rowdy yen selloff

The Bank of Japan's decision to keep policy unchanged last week gave yen bears plenty of sell cues, but largely overlooked in the stampede were signals the central

Bank of Japan's hawkish whispers drowned out by rowdy yen selloff
Business|Economy|Finance|US

FOMC holds rates in place and will slow balance sheet drawdown

The Federal Reserve on Wednesday said it would leave interest rates unchanged and announced plans to slow the speed of its balance sheet drawdown, after having spent much of the earlier

FOMC holds rates in place and will slow balance sheet drawdown
Business|Economy|Finance|News|Stock Markets|US

S&P 500, Nasdaq end lower after Fed rate decision, Powell press conference

U.S. stocks closed mixed on Wednesday after the Federal Reserve left its key interest rate unchanged, as expected, and indicated that while its next move will

S&P 500, Nasdaq end lower after Fed rate decision, Powell press conference
Economy|Europe|Finance|US

Fed day focus is on what Jay says

A look at the day ahead in European and global markets from Kevin Buckland The marquee markets event for the week is almost upon us, and needs little introduction: The outlook for U.S. interest rates

Fed day focus is on what Jay says
Australia|Business|Economy|Finance

Australia banks face profit squeeze on rising costs, mortgage competition

Australia's biggest banks are likely to report weaker first-half profit as high operating costs and competition to sell mortgages and deposits squeeze margins, setting up

Australia banks face profit squeeze on rising costs, mortgage competition
Business|Economy|Finance|News

The Fed indicated rates will remain higher for longer. What does that mean for you?

The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy

The Fed indicated rates will remain higher for longer. What does that mean for you?
Business|Economy|Finance|US

Weak US productivity could threaten Fed's 'soft landing' hopes

Weaker U.S. productivity gains in the first quarter may challenge the Federal Reserve's efforts to finish its inflation fight without a painful rise in

Weak US productivity could threaten Fed's 'soft landing' hopes
Business|Economy|Europe|Finance|News|Stock Markets

European shares ease after Fed decision, mixed earnings

European shares fell slightly in their first May trading session on Thursday as investors returned from a mid-week holiday to gauge a slew of earnings

European shares ease after Fed decision, mixed earnings
Business|Economy|News|US

Commercial aircraft, motor vehicles lift US factory orders

New orders for U.S.-manufactured goods increased solidly in March, boosted by demand for commercial aircraft and motor vehicles, but gains elsewhere were moderate.

Commercial aircraft, motor vehicles lift US factory orders
Business|Economy|Europe|News

Euro zone factory activity takes turn for the worse in April, PMI survey shows

The downturn in manufacturing activity across the euro zone deepened in April due to crumbling demand despite factories cutting prices, pushing firms to reduce

Euro zone factory activity takes turn for the worse in April, PMI survey shows
Business|Economy|Finance|News|US

Powell's soothing tone may not be enough for inflation-spooked markets

Federal Reserve Chairman Jerome Powell's reassuring message following the central bank’s monetary policy meeting may not calm frazzled U.S.

Powell's soothing tone may not be enough for inflation-spooked markets
Asia|Business|Economy|Finance

BOJ saw need to let markets drive yields upon March exit, minutes show

Many Bank of Japan board members agreed the country's long-term interest rates should be set by markets, with some saying the central bank should at some point slow

BOJ saw need to let markets drive yields upon March exit, minutes show
Business|Europe|Finance

ECB's Lagarde says inflation more likely to ease but risks both ways

Euro zone inflation is likely to decline further and the European Central Bank may cut interest rates if its long-standing price growth criteria are met, ECB President Christine

ECB's Lagarde says inflation more likely to ease but risks both ways
Business|Finance|Stock Markets|US

Global equity funds see surge in outflows as rate cut hopes fade

Global equity funds saw a jump in outflows in the seven days through April 17 as speculation the U.S. Federal Reserve will delay cutting interest rates dampened investor sentiment.

Global equity funds see surge in outflows as rate cut hopes fade
Asia|Business|Economy|Finance|Stock Markets

BOJ will raise rates again this year, say two-thirds of economists: Reuters poll

The Bank of Japan will raise interest rates again in 2024, according to two-thirds of economists polled by Reuters, but there was no clear consensus on when

BOJ will raise rates again this year, say two-thirds of economists: Reuters poll
Asia|Business|Economy|Finance|News

China set to keep lending benchmark LPRs unchanged in April

China is widely expected to leave benchmark lending rates unchanged on Monday, a Reuters survey showed, as encouraging first quarter economic data reduces the urgency for further

China set to keep lending benchmark LPRs unchanged in April
Business|Economy|Finance|News|Stock Markets|US

G20 economies adjusting to delays in Fed rate cut, Brazil's finance chief says

G20 finance ministers and central bank governors are adjusting to expectations for a later start to U.S. interest rate cuts, which has caused a worldwide asset

G20 economies adjusting to delays in Fed rate cut, Brazil's finance chief says
Business|Economy|Europe|Finance

ECB's Stournaras sees just three rate cuts in 2024 on strong growth

The European Central Bank is "most likely" to cut interest rates just three times this year as stronger-than-expected economic growth supports inflation, ECB policymaker Yannis

ECB's Stournaras sees just three rate cuts in 2024 on strong growth
Business|Economy|Finance|US

Fed's Williams says 2% inflation target 'critical'

The U.S. central bank's 2% target for inflation is key to achieving price stability and essential for ensuring economic prosperity, New York Federal

Fed's Williams says 2% inflation target 'critical'
News|Business|Economy|Finance|Stock Markets|US

Wall St ends sharply higher, jobs data strengthens case for rate cuts

Wall Street surged to a higher close on Friday as a softer-than-expected employment report bolstered the case for rate cuts from the Federal Reserve while also

Wall St ends sharply higher, jobs data strengthens case for rate cuts
Business|Economy|Finance|Stock Markets|US

US small caps struggle as elevated interest rates take a toll

The prospect of interest rates remaining elevated as the Federal Reserve battles inflation is further clouding the outlook for shares of smaller U.S. companies,

US small caps struggle as elevated interest rates take a toll
Business|Economy|Finance|US

Fed policymakers steer clear of December rate-cut guidance

U.S. central bankers on Tuesday said they continue to believe inflation is heading down to their 2% target and signaled support for further interest rate

Fed policymakers steer clear of December rate-cut guidance
Business|Economy|Finance|News

Relief (mostly) everywhere

A look at the day ahead in U.S. and global markets from Dhara Ranasinghe.

Relief (mostly) everywhere
Economy|News|US

Fed's Barkin: Ending inflation likely to require a hit to demand

Finishing the battle against inflation will likely require a hit to demand, after a year in which U.S. price pressures cooled largely through

Fed's Barkin: Ending inflation likely to require a hit to demand
Business|Finance|US

Wall St loses steam, dollar gains as investors mull rate cut timing

Wall Street pared earlier gains on Tuesday after equity markets elsewhere rallied as investors parsed when and by how much the Federal Reserve cuts

Wall St loses steam, dollar gains as investors mull rate cut timing
Business|Economy|Finance|News

Australian interest rate changes since 1990

The Reserve Bank of Australia on Tuesday left its cash rate unchanged at 4.35% following a policy meeting.

Australian interest rate changes since 1990
Asia|Business|Economy|Finance|News

Bank of Japan issues stronger warning over yen's impact on policy

The Bank of Japan may take monetary policy action if yen falls affect prices significantly, governor Kazuo Ueda said on Wednesday, offering the

Bank of Japan issues stronger warning over yen's impact on policy
Business|Economy|Finance|Stock Markets|US

Stocks slip, dollar gains as market awaits inflation data

Global equity markets mostly faltered on Wednesday as investors await fresh inflation data to better assess the likelihood of Federal

Stocks slip, dollar gains as market awaits inflation data
Economy|Finance|US

Dollar gains on rate outlook, yen weakens for third day

The dollar gained on Wednesday as investors continued to bet on the U.S. economy outperforming peers and was higher for the third day

Dollar gains on rate outlook, yen weakens for third day
Business|Economy|Finance|News|US

Morgan Stanley pushes Fed rate cut expectation to September from July

Morgan Stanley said it now expects the U.S.

Morgan Stanley pushes Fed rate cut expectation to September from July
Business|Economy|Europe|Finance|News|US

Pondering the path of Fed policy

A look at the day ahead in European and global markets from Kevin Buckland The Federal Reserve and the enigmatic path of U.S. interest rates continue to dominate the market's attention.

Pondering the path of Fed policy
Business|Europe|Finance|Stock Markets|US

Morning bid: Stocks buoyant as Sweden cuts, oil skids

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street looks to have brushed off the latest hawkish Federal Reserve noises and Disney's outsize swoon, with European bourses

Morning bid: Stocks buoyant as Sweden cuts, oil skids
Economy|Europe|Finance|News

ECB can cut rates and should rethink how it sets policy, Wunsch says

The European Central Bank can press ahead with interest rate cuts this year but needs to rethink how it forecasts inflation and sets policy based on these projections, Belgian

ECB can cut rates and should rethink how it sets policy, Wunsch says
Uncategorized

Fed's Collins says economy may need to weaken to get 2% inflation

By Michael S.

Fed's Collins says economy may need to weaken to get 2% inflation
Asia|Business|Economy|Europe|Finance|Political|Stock Markets|US

Wall St at records as Paris simmers, yuan hits 2024 low

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street stocks are grinding out new records as U.S. growth continues to outperform, interest rate cut optimism has been rekindled

Wall St at records as Paris simmers, yuan hits 2024 low
Business|Economy|Finance|US

PIMCO adds bond exposure outside the US on inflation risks

U.S. bond giant PIMCO said on Wednesday it is increasing its bond exposure in developed markets outside the United States as inflation could complicate the

PIMCO adds bond exposure outside the US on inflation risks
Business|Economy|Finance|News

Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation

The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target

Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
Business|Economy|Europe|Finance|US

Interest rates start to fall in Europe as the Fed lags

Global central banks that moved together to battle inflation are starting to scatter, with European rate setters turning dovish while the U.S.

Interest rates start to fall in Europe as the Fed lags
Business|Economy|Finance|US

US Treasury futures leverage, positions back on the rise: McGeever

Leverage in the U.S.

US Treasury futures leverage, positions back on the rise: McGeever
Asia|Economy|News|World

Japan's consumer spending extends declines, clouding outlook for BOJ rate hikes

Japan's consumer spending fell for the 13th straight month in March, creating challenges for policymakers who are seeking to drive stronger

Japan's consumer spending extends declines, clouding outlook for BOJ rate hikes
Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street coasts to the finish line of another winning week

U.S. stocks coasted to the close of another winning week with a quiet, mixed finish

Stock market today: Wall Street coasts to the finish line of another winning week
Asia|Economy|News

Japan economy expected to shrink in Q1 due to weak consumption

Japan's economy likely contracted an annualised 1.5% in the January-March quarter as all key drivers of growth slumped due to an uncertain outlook, a Reuters poll

Japan economy expected to shrink in Q1 due to weak consumption
Economy|Europe|Finance|News

ECB set scene for June rate cut at last meeting, account shows

Euro zone inflation remains on track to fall back to 2% next year, so European Central Bank policymakers will likely start cutting interest rates from a record high in June, the

ECB set scene for June rate cut at last meeting, account shows
Business|Economy|News

Canada job gains blow past forecasts, dampening bets on June rate cut

Canada's economy added five times the number of jobs that were forecast for April and the unemployment rate unexpectedly held at 6.1%, data showed on Friday,

Canada job gains blow past forecasts, dampening bets on June rate cut
Economy|Finance|News|US

US consumer sentiment drops to 6-month low on inflation, unemployment fears

Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could rise

US consumer sentiment drops to 6-month low on inflation, unemployment fears
Business|Economy|Finance|US

Fed officials mull whether rates high enough as inflation expectations jump

Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a

Fed officials mull whether rates high enough as inflation expectations jump
Americas|Economy|Finance

Brazil inflation slightly exceeds forecasts in April as pace of rate cuts slows

Brazil's annual inflation continued to trend down but slightly less than expected in April, official data showed on Friday, in the first consumer price readings after the

Brazil inflation slightly exceeds forecasts in April as pace of rate cuts slows
Asia|Business|Economy|Europe|Finance|Political|Stock Markets|US

South Korea lifts martial law, relieving some market uncertainty

A surprise declaration of martial law in Korea that had sent the won plummeting and gave U.S.

South Korea lifts martial law, relieving some market uncertainty
Asia|Economy|Europe|Finance|Political|US

Euro gains as crisis comes to a head; South Korean won cuts losses as martial law lifted

The euro rose modestly against the U.S. dollar on Tuesday, as political turmoil in France sent traders scrambling for hedging protection against further

Euro gains as crisis comes to a head; South Korean won cuts losses as martial law lifted
Asia|News

Inflation, tariffs dominate market landscape

A look at the day ahead in Asian markets.

Inflation, tariffs dominate market landscape
Asia|Business|Economy|Finance

Japan on track to normalise monetary policy, says ruling party heavyweight

Japan is seeing conditions fall in place for the central bank to normalise monetary policy, ruling party heavyweight Katsunobu Kato told

Japan on track to normalise monetary policy, says ruling party heavyweight
Economy|Finance|News|US

Dollar eases as market awaits key inflation data

The dollar eased versus most major currencies on Monday amid expectations key U.S. data this week will show a slowing pace of inflation and

Dollar eases as market awaits key inflation data
Economy|Finance|News|US

Are US interest rates high enough to beat inflation? The Fed will take its time to find out

The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year

Are US interest rates high enough to beat inflation? The Fed will take its time to find out
Uncategorized

NY Fed survey finds general expectations of higher inflation

By Michael S.

NY Fed survey finds general expectations of higher inflation
Uncategorized

Fed's Jefferson flags challenges on communications front

By Michael S.

Fed's Jefferson flags challenges on communications front
Asia|Business|Finance

Philippine central bank to keep rates on hold on May 16, first cut pushed to Q4: Reuters poll

The Philippine central bank will keep its key policy rate unchanged on Thursday, according to a Reuters poll of economists who now expected the

Philippine central bank to keep rates on hold on May 16, first cut pushed to Q4: Reuters poll
Business|Economy|Finance|US

Dollar slips after unexpected rise in US producer prices

The dollar eased on Tuesday after an unexpected increase in U.S. producer prices in April amid strong gains in the costs of goods and

Dollar slips after unexpected rise in US producer prices
Europe

Recovering euro keeps dollar 'gorilla' from scuppering ECB rate outlook

The euro has resisted falling to parity with the dollar for now, thanks to a rosier economic backdrop, to the relief of European Central

Recovering euro keeps dollar 'gorilla' from scuppering ECB rate outlook
Americas|Economy|Finance

Argentina cuts rates again as inflation crests near 300%

Argentina's central bank cut the benchmark interest rate on Tuesday after inflation slowed for the fourth straight month and the annual rate

Argentina cuts rates again as inflation crests near 300%
Business|Economy|Europe|Finance|News

BoE might consider rate cut during the summer, chief economist says

The Bank of England might be able to consider cutting interest rates over the summer although Britain's labour market remains tight by historical standards, the central bank's chief

BoE might consider rate cut during the summer, chief economist says
Economy|Finance|News|Stock Markets|US

Traders pare bets on Sept start to Fed rate cuts

Traders on Tuesday pared bets the Federal Reserve will deliver a first interest-rate cut in September after a government report showed wholesale prices rose more than expected in April. 

Traders pare bets on Sept start to Fed rate cuts
Economy|Finance|News|US

Fed's Powell downplays potential for a rate hike despite higher price pressures

Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again

Fed's Powell downplays potential for a rate hike despite higher price pressures
Americas|Economy|Finance

Argentina traders bet on another big rate cut as inflation eases

Argentine market traders are betting the central bank will cut its benchmark interest rate again this week given the slowdown in monthly inflation and a planned

Argentina traders bet on another big rate cut as inflation eases
Business|Economy|Finance|News|US

Dollar swoons after data suggests rate cut in September

The dollar slumped against major currencies on Wednesday after U.S. consumer prices in April showed inflation had resumed trending lower in the second quarter,

Dollar swoons after data suggests rate cut in September
News|Asia|Economy|Finance|US

Stock market today: Asian shares advance after another round of Wall St records

Asian shares are higher after U.S. stocks rallied to records on hopes that inflation is heading back in the right direction

Stock market today: Asian shares advance after another round of Wall St records
News|Economy|US

US inflation eased last month in the first slowdown of 2024

Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as President Joe Biden’s re-election team

US inflation eased last month in the first slowdown of 2024
Business|Economy|Finance

Retail sales were unchanged in April from March as inflation and interest rates curb spending

Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome

Retail sales were unchanged in April from March as inflation and interest rates curb spending
Economy|Finance|News|US

US consumer prices rise less than expected; retail sales flat

U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial market

US consumer prices rise less than expected; retail sales flat
Economy|Finance|MidEast

Turkey inflation higher than expected, teeing up tough rate decision

Turkish inflation was higher than expected at 47.09% annually and 2.24% on a monthly basis in November, official data showed on Tuesday, potentially reducing

Turkey inflation higher than expected, teeing up tough rate decision
Economy|Finance|News|US

Dollar rebounds on high US import prices

The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that raised concerns the Federal

Dollar rebounds on high US import prices
Business|Economy|Europe|Finance

ECB's rates framework may discourage money-market lending - Nagel

The European Central Bank's new interest rates framework may discourage money-market lending because banks will find it cheaper to tap the ECB, policymaker Joachim Nagel said on

ECB's rates framework may discourage money-market lending - Nagel
Business|Economy|Finance|News|US

Transcript of interview with New York Fed's Williams

Federal Reserve Bank of New York President John Williams was interviewed by Reuters on Wednesday.

Transcript of interview with New York Fed's Williams
Business|Economy|Finance|News|US

Long-term mortgage rates retreat for second straight week, US average at 7.02%

The average rate on a 30-year mortgage in the U.S. fell for the second straight week, giving some relief to home shoppers already facing sky-high prices and a shortage of supply

Long-term mortgage rates retreat for second straight week, US average at 7.02%
Economy|News|US

Fed remains cautious on cuts even as data improves

Data this week offered the U.S.

Fed remains cautious on cuts even as data improves
Business|Finance|Stock Markets|US|World

Stocks edge up as timing of US rate cuts weighed; copper jumps

A world stock index rose for a seventh straight session and U.S.

Stocks edge up as timing of US rate cuts weighed; copper jumps
Business|Economy|Finance|US

Dollar mostly flat as market mulls inflation outlook

The dollar retreated against major currencies on Friday as market speculation continues to swirl about the timing of Federal Reserve

Dollar mostly flat as market mulls inflation outlook
Business|Economy|Europe|Finance

European shares end lower on rate cut jitters; Richemont shines

European shares closed lower on Friday, as investors turned cautious following remarks from a policymaker on the outlook for monetary policy, while

European shares end lower on rate cut jitters; Richemont shines
Asia|Economy|Finance|News

BOJ may face more pressure to hike rates as weak yen hits consumer spending

Japan's weak consumption may heighten, rather than tame, already growing political pressure on the central bank to raise interest rates to slow the yen's declines

BOJ may face more pressure to hike rates as weak yen hits consumer spending
Business|Economy|Europe|Finance|News

Serene euro debt markets still leave ECB queasy :Mike Dolan

Becalmed by a likely interest rate cut as soon as next month, euro zone government bond markets seem serene - but the European Central Bank continues to fret about

Serene euro debt markets still leave ECB queasy :Mike Dolan
Asia|Economy|Finance|US

Foreigners sold Asian bonds in April amid firm dollar, Fed uncertainty

Foreign investors were net sellers of Asian bonds for a second straight month in April as a strong U.S. dollar and uncertainties around the Federal Reserve's interest rate cuts dampened

Foreigners sold Asian bonds in April amid firm dollar, Fed uncertainty
Business|Economy|Finance|US

Dollar edges higher as investors await Fed guidance

The dollar edged up against the euro on Monday as investors awaited further clues on the path of U.S. interest rates in the wake of cautious comments from

Dollar edges higher as investors await Fed guidance
Business|Economy|Finance|News|US

Oil eases on worries about US inflation, interest rates

Oil prices eased less than 1% on Monday as U.S.

Oil eases on worries about US inflation, interest rates
Asia|Economy|Finance

Bank Indonesia to hold rates through Q3 to support weak rupiah, cut in Q4: Reuters poll

Indonesia's central bank will keep its key interest rate on hold through next quarter to support a weak rupiah and only a slim majority expect a Q4 cut which

Bank Indonesia to hold rates through Q3 to support weak rupiah, cut in Q4: Reuters poll
Asia|Economy|Finance

China leaves benchmark LPRs unchanged, in line with expectations

China left benchmark lending rates unchanged at a monthly fixing on Monday, in line with market expectations.

China leaves benchmark LPRs unchanged, in line with expectations
Asia|Business|Economy|Finance

Japan manufacturers want BOJ to keep yen stable, survey shows

Japan's large manufacturers saw exchange rate stability as the biggest factor they wanted out of the central bank's monetary policy, a Bank of Japan survey showed on

Economy|Finance|News|US

Fed's Barr: Inflation data 'disappointing,' tight policy needs more time

U.S. inflation data through the first months of 2024 has been "disappointing," Fed vice chair for supervision Michael Barr said on Monday,

Fed's Barr: Inflation data 'disappointing,' tight policy needs more time
Asia|Business|Economy|Finance

New Thai finance minister has chance to improve strained central bank ties, says ex-Finance Minister

Thailand's new finance minister has refrained from pressuring the central bank and has a chance to

New Thai finance minister has chance to improve strained central bank ties, says ex-Finance Minister
Business|Economy|Finance|News

Explainer: With inflation falling fast, will the BoE quickly cut rates?

Britain's once towering inflation rate looks set to fall close to the Bank of England's 2% target on Wednesday, but it may be other figures in the data that influence the BoE's

Explainer: With inflation falling fast, will the BoE quickly cut rates?
Business|Economy|Europe|Finance

Back-to-back ECB rate cuts not a given, Nagel says

The European Central Bank should not necessarily follow up a rate cut in June with another move the following month, even if inflation is on its way to target, Bundesbank

Back-to-back ECB rate cuts not a given, Nagel says
Business|Economy|Finance

BoE scopes 'steady state' in balance sheet downsizing

Even as consensus builds inside and outside the Bank of England on UK interest rate cuts this summer, the thorny issue for banks and bond markets of when it stops its

BoE scopes 'steady state' in balance sheet downsizing
Economy|Finance|News|US

Dollar higher against euro as Fed minutes support

The dollar rose against the euro on Wednesday after minutes of the last Fed meeting showed officials acknowledging disappointment over recent inflation

Dollar higher against euro as Fed minutes support
Business|Economy|Finance|Stock Markets

Bank of Canada could tilt to July rate cut to benefit from flood of data

The Bank of Canada (BoC) may dash hopes of a June interest rate cut and instead move in July, which will give it seven more weeks of key data to confirm the

Bank of Canada could tilt to July rate cut to benefit from flood of data
Business|Economy|Finance|News|US

Federal Reserve minutes: Policymakers saw a longer path to rate cuts

After several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their key interest rate, now at a 23-year high

Federal Reserve minutes: Policymakers saw a longer path to rate cuts
Asia|Business|Economy|Finance

BOJ's Ueda sticks to economic recovery view, keeps alive rate hike chance

Bank of Japan Governor Kazuo Ueda said on Thursday the economy was on track for a moderate recovery, suggesting a slump in first-quarter gross domestic

BOJ's Ueda sticks to economic recovery view, keeps alive rate hike chance
Business|Economy|Finance|Stock Markets|Technology|US

Wall Street tumbles as AI fervor dampened by rate jitters

U.S. stocks ended sharply lower on Thursday as enthusiasm over Nvidia's quarterly results faded and robust economic data fueled concerns over tighter-for-longer

Wall Street tumbles as AI fervor dampened by rate jitters
Asia|Business|Economy|Finance|News

Japan's inflation slows further, keeping BOJ cautious on further rate hikes

Japan's core inflation slowed for a second straight month in April, likely signalling that the Bank of Japan will be patient in raising

Japan's inflation slows further, keeping BOJ cautious on further rate hikes
Economy|Finance|Stock Markets|US

Wall Street ends higher, crude prices rise ahead of US holiday weekend

U.S. stocks rallied and crude oil prices rebounded after upbeat economic data on Friday as investors positioned themselves ahead of the long U.S.

Wall Street ends higher, crude prices rise ahead of US holiday weekend
Business|Economy|Finance|US

Rising US debt burden spooks some bond investors ahead of November election

Investors are bracing for a flood of U.S. government debt issuance that over time could dwarf an expected rally in bonds, as they see no end in sight for large

Rising US debt burden spooks some bond investors ahead of November election
Economy|Finance|News|US

US's Yellen expresses concern over rising living costs, FT says

U.S. Treasury Secretary Janet Yellen expressed concern over substantial increases in living costs, the Financial Times said on Friday.

US's Yellen expresses concern over rising living costs, FT says
Asia|Business|Economy|Finance

BOJ to decide bond-purchase reduction by end-July, say economists

The Bank of Japan will decide to start tapering the size of its bond-buying by end-July, according to nearly two-thirds of economists polled by Reuters, while

BOJ to decide bond-purchase reduction by end-July, say economists
Business|Economy|Europe|Finance|News

ECB's Panetta says consensus growing on need for rate cut

There is growing consensus within the European Central Bank over the need for a first rate cut as inflation is diminishing, creating the conditions to ease its monetary

ECB's Panetta says consensus growing on need for rate cut
Economy|Europe|Finance

ECB's Cipollone says recent data backs easing

Recent economic data strengthens the European Central Bank's confidence about lowering borrowing costs as inflation eases, ECB board member Piero Cipollone said on Sunday.

ECB's Cipollone says recent data backs easing
Economy|Europe|Finance|News

Shares nudge higher as US, EU inflation data loom

World shares firmed on Monday as investors braced for a busy run of inflation data that could set the scene for a European rate cut as soon as next week and a U.S.

Shares nudge higher as US, EU inflation data loom
Economy|Europe|Finance|Stock Markets

European shares end holiday-affected session higher as bond yields ease

European stocks closed slightly higher on Monday and government bond yields eased, amidst hints of upcoming interest rate cuts by the European Central

European shares end holiday-affected session higher as bond yields ease
Economy|Europe|Finance|News

ECB has room to cut rates but should take its time, policymakers say

The European Central Bank has room to cut interest rates as inflation slows but must take its time in easing policy, even if the direction of travel is already clear, key policymakers said

ECB has room to cut rates but should take its time, policymakers say
Economy|Europe|Finance

ECB's Lane says cuts will depend on underlying inflation, demand

The European Central Bank will cut interest rates at a slower or faster pace depending on the strength of underlying inflation and demand, ECB chief economist Philip Lane said on

ECB's Lane says cuts will depend on underlying inflation, demand
Asia|Economy|Finance|News

Sri Lanka holds rates to manage inflation, foster economic stability

Sri Lanka's central bank held interest rates steady on Tuesday to ensure inflation pressures remain in check as authorities look to foster economic stability

Sri Lanka holds rates to manage inflation, foster economic stability
Business|Economy|Finance|Food

Brazil consumer prices rise less than expected in mid-May

Consumer prices in Brazil rose less than expected in the month to mid-May, data from statistics agency IBGE showed on Tuesday, as the impact on food

Brazil consumer prices rise less than expected in mid-May
Business|Economy|Finance|US

US consumer confidence recovers; inflation worries persist

U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the labor market, but worries about

US consumer confidence recovers; inflation worries persist
Economy|Europe|Finance

ECB to focus on quarterly meetings with slow, gradual rate cuts, Knot says

The European Central Bank can gradually reduce interest rates given the decline in inflation, and decisions on future cuts could centre around quarterly meetings with new economic

ECB to focus on quarterly meetings with slow, gradual rate cuts, Knot says
Economy|Finance|US

Fed's Kashkari wants significant progress on inflation before rate cuts

Minneapolis Federal Reserve Bank President Neel Kashkari said in an interview with CNBC broadcast on Tuesday that the U.S. central bank should wait for significant progress on inflation

Fed's Kashkari wants significant progress on inflation before rate cuts
Business|Economy|Europe|Finance

Euro zone consumers lower inflation expectation, ECB survey shows

Euro zone consumers lowered their inflation expectations last month, a fresh European Central Bank survey showed on Tuesday, just as the bank was making plans to start rolling

Euro zone consumers lower inflation expectation, ECB survey shows
Business|Europe|Finance|Stock Markets|US

Soaring yields sour sentiment

A look at the day ahead in European and global markets from Kevin Buckland Soaring bond yields continued to unnerve equity investors on Wednesday, with benchmark U.S.

Soaring yields sour sentiment
Business|Economy|Finance|News|US

Stocks wilt, bond yields jump as investors focus on rates

A global equities gauge fell on Wednesday while U.S.

Stocks wilt, bond yields jump as investors focus on rates
Business|Economy|Europe|Finance

June ECB rate cut a done deal, majority expects cuts in Sept, Dec too : Reuters poll

A European Central Bank interest rate cut on June 6 appears certain, according to all 82 economists polled by Reuters, a majority of whom predicted two further

June ECB rate cut a done deal, majority expects cuts in Sept, Dec too : Reuters poll
Asia|Business|Finance|Stock Markets

Thailand's new finance minister may steady skittish markets

Thailand's new finance minister has caught investor attention with a more conciliatory approach to the central bank, opening a window for policy

Thailand's new finance minister may steady skittish markets
Economy|Europe|Finance|News

Inflation up in three German states, pointing to slight national rise

Inflation in three German states inched up in May, preliminary data showed, suggesting that national inflation in Europe's biggest economy may rise slightly, although price growth

Inflation up in three German states, pointing to slight national rise
Business|Economy|Finance

Biding time before the data dump

A look at the day ahead in European and global markets from Rae Wee The lack of fresh market moving catalysts on Thursday meant that the higher-for-longer rates narrative was here to stay, at least

Biding time before the data dump
Economy|Finance

Biggest month of bond supply to test markets as rate cut bets fade

Global bond markets face the biggest amount of net sovereign issuance so far this year in June, just as economic data throws rate cuts into doubt, testing

Biggest month of bond supply to test markets as rate cut bets fade
Economy|Finance|US

The number of Americans applying for jobless benefits inches up, but layoffs remain low

The number of Americans applying for unemployment benefits ticked up last week, but layoffs remain historically low in the face of lingering inflation and high interest rates

The number of Americans applying for jobless benefits inches up, but layoffs remain low
Business|Economy|Finance|News|US

US pending home sales suffer largest drop in three years

Contract signings for U.S. home purchases fell by the most in three years in April and the overall level of activity was the lowest since the onset of the COVID-19 pandemic in the spring

US pending home sales suffer largest drop in three years
Business|Economy|News|US

US weekly jobless claims edge up in latest week

The number of Americans filing new claims for unemployment benefits ticked higher last week, but underlying strength in the labor market still shows signs of persisting and should continue

US weekly jobless claims edge up in latest week
Asia|Economy|News

Mixed inflation data, soft output raise uncertainty on BOJ's rate-hike timing

Core consumer inflation in Japan's capital accelerated in May on rising electricity bills but price growth excluding the effect of fuel eased,

Mixed inflation data, soft output raise uncertainty on BOJ's rate-hike timing
Business|Economy|Finance

Affordable housing to stay out of reach in major economies due to lack of supply: Reuters poll

Major economies grappling with housing crises will struggle to crank up the supply of affordable homes in coming years, according to a Reuters poll of property

Affordable housing to stay out of reach in major economies due to lack of supply: Reuters poll
Economy|Europe|Finance|Stock Markets|US

European shares rise after US inflation data keeps Fed rate cut hopes alive

European shares rose on Friday after softer U.S. inflation data spurred hopes of interest rates cuts by the Federal Reserve, while June rate cut bets

European shares rise after US inflation data keeps Fed rate cut hopes alive
Economy|Finance|Stock Markets|US

US equity funds hit by outflows on rising yields, rates uncertainty

U.S. equity funds saw outflows for the first time four weeks in the seven days ended May 29, hit by rising bond yields and uncertainty over the timing and extent of Federal Reserve

US equity funds hit by outflows on rising yields, rates uncertainty
Economy|Finance|US

US dollar sinks to three-week low on signs of slowing economy

The dollar fell to a three-week low on Monday after data showed the U.S. economy is gradually slowing down with weaker-than-expected readings on

US dollar sinks to three-week low on signs of slowing economy
Business|Finance|News|Stock Markets|US

World stocks up as investors eye ECB rate cut

World stocks rose on Monday despite a subdued Wall Street following unexpected weakness in U.S. manufacturing data, feeding uncertainty

World stocks up as investors eye ECB rate cut
Asia|Finance

PMI-fest kicks off new month, spotlight on China

A look at the day ahead in Asian markets.

PMI-fest kicks off new month, spotlight on China
Europe|Finance

Markets in upbeat mood as factories hum

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

Markets in upbeat mood as factories hum
Business|Economy|Finance|US

US factory activity, construction spending both fall

U.S. manufacturing activity slowed for a second straight month in May as new goods orders dropped by the most in nearly two years, and spending on construction projects slipped

US factory activity, construction spending both fall
Business|Economy|Europe|Finance|Stock Markets

European shares kick-off June on a high note in anticipation of ECB rate cut

European shares rose for the third straight session on Monday, led by bond-proxy sectors, as investors looked to a near certain interest rate cut from the

European shares kick-off June on a high note in anticipation of ECB rate cut
Asia|Business|Economy|Finance|Stock Markets|US|World

Stock market today: Asian stocks trade mixed after Wall Street logs modest gains

Asian shares are mixed as investors weighed data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street

Stock market today: Asian stocks trade mixed after Wall Street logs modest gains
Business|Economy|News|US

US factory orders rise for a third month in April

New orders for U.S.-manufactured goods increased for a third straight month in April, boosted by demand for transportation equipment.

Business|Economy|Finance|US

US dollar rises as strong service sector data muddles Fed easing this year

The U.S. dollar drifted higher on Wednesday after data showed the services sector in the world's largest economy rebounded in May after contracting the

US dollar rises as strong service sector data muddles Fed easing this year
Business|Economy|Europe|Finance

Rate cut wagers fire up (again)

A look at the day ahead in European and global markets from Ankur Banerjee: A softening labour market and a cooling economy have traders perking up with expectations of a September rate cut from the

Rate cut wagers fire up (again)
Asia|Australia|Business|Economy|Finance|News|World

Australia economy slows to a crawl in Q1, grows 0.1% q/q

Australia's economy slowed to a crawl in the March quarter as high borrowing costs and still-elevated inflation put the brakes on consumer spending, even as the

Australia economy slows to a crawl in Q1, grows 0.1% q/q
Business|Economy|Finance

Japan's service activity extends gains, price pressures persist, PMI shows

Japan's service activity extended robust gains in May, a private sector survey showed on Wednesday, amid persistent inflationary pressures that have boosted expectations for another

Japan's service activity extends gains, price pressures persist, PMI shows
Business|Economy|Finance|News

Canada becomes first G7 nation to cut interest rates

The Bank of Canada trimmed its key policy rate on Wednesday, the first G7 country to do so, in a widely expected move that will ease pressure

Canada becomes first G7 nation to cut interest rates
Business|Economy|Finance|Stock Markets|US

Dip buying persists, Canada set to ease

A look at the day ahead in U.S. and global markets from Mike Dolan Any investor trepidation about a slowing U.S. economy is once again being offset by renewed interest rate cut hopes - seeing the

Dip buying persists, Canada set to ease
Business|Economy|Europe|Finance

Euro zone business activity expands at fastest rate in a year, PMI shows

Euro zone business activity expanded at its quickest rate in a year in May as growth in the bloc's dominant services industry outpaced contraction in manufacturing, according to

Euro zone business activity expands at fastest rate in a year, PMI shows
US

Fed to cut rates twice this year, starting Sept; but one or none still a risk: Reuters poll

The U.S.

Fed to cut rates twice this year, starting Sept; but one or none still a risk: Reuters poll
Business|Economy|Europe|Finance|Stock Markets|US|World

Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited

The European Central Bank cut its key interest rate by a quarter-point, moving ahead of the U.S. Federal Reserve as central banks around the world lean toward lowering borrowing costs — a shift with far-reaching consequences for home buyers, savers and investors

Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited
Business|Finance|Stock Markets|Technology|US

New highs as Nvidia tops Apple, ECB and BoC easing

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's tech-led stock surge to new records has seen $3 trillion AI-champion Nvidia replace Apple as the world's 2nd most

New highs as Nvidia tops Apple, ECB and BoC easing
Business|Economy|Finance

BOJ's Ueda reaffirms resolve to trim bond buying as bank eyes policy exit

Bank of Japan (BOJ) Governor Kazuo Ueda said on Thursday it would be appropriate to reduce the central bank's bond buying as it moves toward an exit from massive monetary

BOJ's Ueda reaffirms resolve to trim bond buying as bank eyes policy exit
Economy|Europe|Finance|News

It's time for E-C-B

A look at the day ahead in European and global markets from Ankur Banerjee After the Bank of Canada became the first G7 country to cut interest rates, the stage is set for the European Central Bank to

It's time for E-C-B
Business|Europe|Finance|Stock Markets

European shares close up after ECB delivers first rate-cut in five years

European shares closed higher on Thursday, boosted by banking, technology and healthcare stocks, though they finished below session highs after the

European shares close up after ECB delivers first rate-cut in five years
Economy|Europe|Finance|News

ECB sees higher growth, inflation

The European Central Bank raised some of its economic growth and inflation projections on Thursday, predicting a somewhat later return of price growth to its 2% target.

ECB sees higher growth, inflation
Economy|Europe|Finance

ECB delivers its first rate cut in five years

The European Central Bank cut rates for the first time in five years on Thursday, but kept investors in the dark about its next move, given increasing uncertainty over inflation after a

ECB delivers its first rate cut in five years
Economy|Europe|Finance

Lagarde comments at ECB press conference

The European Central Bank cut borrowing costs from record highs on Thursday, acknowledging progress in its battle against high inflation but also signalling that fight

Lagarde comments at ECB press conference
Business|Economy|Finance|Stock Markets

Traders question case for rapid ECB rate cuts

Traders scaled back bets that the

Traders question case for rapid ECB rate cuts
Economy|Finance|News

Stock market today: Stocks slip and bond yields jump following a hotter-than-expected jobs report

Stocks slipped and Treasury yields rose sharply after the government released a jobs report whose headline numbers came in hotter than expected

Stock market today: Stocks slip and bond yields jump following a hotter-than-expected jobs report
Economy|Finance|Stock Markets|US

US bond funds gain robust weekly inflow as yields ease

U.S. bond funds secured the largest weekly inflow in four weeks in the seven days to June 5, driven by a rally in treasury bond prices after softer economic data bolstered expectations of

US bond funds gain robust weekly inflow as yields ease
Business|Economy|Europe|Finance

German central bank warns on inflation and cuts 2024 growth outlook

Upward pressure from wages means inflation is proving stubborn, Germany's central bank said on Friday, a day after the European

German central bank warns on inflation and cuts 2024 growth outlook
Business|Economy|Europe|Finance

ECB policymakers warn about inflation challenge

European Central Bank policymakers warned on Friday that the final stage of pushing inflation down to 2% could be especially hard but said they were confident

ECB policymakers warn about inflation challenge
Business|Europe|Finance|Stock Markets

Stock investors scout out Europe's rate-cut winners

Investors in European equities are stepping up their search for stocks that are likely to benefit from lower borrowing costs,

Stock investors scout out Europe's rate-cut winners
Business|Economy|Finance

Brazil central bank aligned over concern about market inflation expectations

Brazil's central bank chief, Roberto Campos Neto, expressed concern on Friday that financial markets were still expecting high inflation despite data showing moderation,

Brazil central bank aligned over concern about market inflation expectations
Asia|Business|Economy|Finance|News|Stock Markets|US

Stock market today: Asian stocks are mixed ahead of this week's Fed meeting

Asian stocks are mixed ahead of a busy week with several top-tier reports on U.S. inflation due along with a policy meeting of the Federal Reserve

Stock market today: Asian stocks are mixed ahead of this week's Fed meeting
Economy|Finance|US

Inflation data this week could help determine Fed's timetable for rate cuts

After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual interest rate cuts

Inflation data this week could help determine Fed's timetable for rate cuts
Economy|Finance|US

Fed's new economic projections may come with a dose of maybe, maybe not

Updated economic projections from Federal Reserve officials this week are expected to show fewer interest rate cuts than policymakers anticipated three

Fed's new economic projections may come with a dose of maybe, maybe not
Europe

ECB could wait several meetings between rate cuts, Lagarde says

European Central Bank interest rates are not on a linear downwards path and policymakers could at times wait more than one meeting before cutting them again, ECB President

ECB could wait several meetings between rate cuts, Lagarde says
Economy|Finance|News|US

NY Fed survey finds mixed views on future path of inflation in May

The U.S. public’s outlook on the future path of inflation was mixed in May, according to a report on Monday from the Federal Reserve Bank of New York.

NY Fed survey finds mixed views on future path of inflation in May
Economy|Finance|US

Dollar hits four-week high ahead of US inflation report

The dollar hit a four-week high on Tuesday, ahead of a highly anticipated inflation report that is likely to influence the timing of the first rate cut by the U.S

Dollar hits four-week high ahead of US inflation report
Americas|News|US

Shrinking Fed rate cut expectations to keep US Treasury yields elevated: Reuters poll

U.S.

Shrinking Fed rate cut expectations to keep US Treasury yields elevated: Reuters poll
Economy

ECB should wait with next rate move until uncertainty recedes, Lane says

The European Central Bank should persist in restraining economic growth given the ample inflationary pressures and wait with its next rate cut until uncertainty recedes, ECB chief

ECB should wait with next rate move until uncertainty recedes, Lane says
Economy|Finance|News

Federal Reserve sees some progress on inflation but envisions just one rate cut this year

Federal Reserve officials said inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year

Federal Reserve sees some progress on inflation but envisions just one rate cut this year
Business|Economy|Europe|Finance

ECB must cut rates 'very slowly', says vice-president de Guindos

The ECB must move "very slowly" in reducing interest rates because there is huge uncertainty over the inflation outlook, its vice-president Luis de Guindos said on Wednesday.

ECB must cut rates 'very slowly', says vice-president de Guindos
Business|Economy|Finance

Bank of England to cut rates in August, at least one more expected this year: Reuters poll

The Bank of England will start cutting interest rates in August, according to all but two of 65 economists polled by Reuters, and most of them expect at

Bank of England to cut rates in August, at least one more expected this year: Reuters poll
Asia|Business|Economy|Finance

Thai central bank holds key rate despite government calls for cut

Thailand's central bank left its key interest rate unchanged for a fourth straight meeting on Wednesday, as widely expected, despite

Thai central bank holds key rate despite government calls for cut
Business|Economy|Finance

Inflation is cooling, but not fast enough for the Fed: Policymakers now expect only one rate cut in 2024

The Federal Reserve is being characteristically cautious.

Inflation is cooling, but not fast enough for the Fed: Policymakers now expect only one rate cut in 2024
Australia|Business|Economy|News

Australia May employment tops forecasts, defying economic slowdown

Australian employment outpaced expectations in May as firms took on more full-time workers, while the jobless rate dipped in a sign the labour market remains resilient even as the

Australia May employment tops forecasts, defying economic slowdown
Economy|Finance|US

Benign US inflation could support stock market laggards

Signs of falling U.S. inflation on Wednesday and growing hopes for interest rate cuts from the Federal Reserve could be a positive signal

Benign US inflation could support stock market laggards
Business|Economy|Finance|US

FOMC leaves rates alone but scales back 2024 easing outlook

The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December, with officials projecting only a single quarter-percentage-

FOMC leaves rates alone but scales back 2024 easing outlook
Economy|Finance|US

Fed's road to rate cuts clears as inflation eases

Federal Reserve policymakers have reason to feel more confident that inflation is cooling after a U.S. government report on Wednesday showed consumer prices did not rise at

Fed's road to rate cuts clears as inflation eases
Business|Europe|Finance|Stock Markets|US

European shares gain as cool US data bolsters Fed rate cut hopes

European shares advanced on Wednesday, with rate-sensitive sectors like real-estate jumping after a cool U.S. inflation reading propped up hopes that

European shares gain as cool US data bolsters Fed rate cut hopes
Economy|Finance|US

US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling

Wholesale price increases fell in May, the latest sign that inflation pressures in the United States may be easing as the Federal Reserve considers a timetable for cutting interest rates

US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling
Business|Economy|Finance|US

The number of Americans filing for jobless benefits jumps to the highest level in 10 months

The number of Americans filing for jobless benefits jumped to the highest level in 10 months last week, a sign that the labor market is likely cooling under the weight of high interest rates

The number of Americans filing for jobless benefits jumps to the highest level in 10 months
Asia|Business|Economy|Finance

Caution at Fed, but what about the Bank of Japan?

A look at the day ahead in Asian markets.

Caution at Fed, but what about the Bank of Japan?
Asia|Business|Economy|Finance|News|Stock Markets

Bank of Japan to trim bond buying, keeps rates steady

The Bank of Japan said on Friday it would start trimming its huge bond purchases and announce a detailed plan next month on reducing its nearly $5 trillion balance

Bank of Japan to trim bond buying, keeps rates steady
Business|Economy|Finance|News|US

US weekly jobless claims at 10-month high as labor market eases; inflation cooling

The number of Americans filing new claims for unemployment benefits increased to a 10-month high last week, suggesting the labor market was losing momentum and

US weekly jobless claims at 10-month high as labor market eases; inflation cooling
Asia|Business|Economy|Finance|Stock Markets

What will BOJ's quantitative tightening look like?

The Bank of Japan may offer guidance on how it plans to reduce its $5-trillion balance sheet at its policy meeting on Friday, in a slow but steady retreat from its

What will BOJ's quantitative tightening look like?
Economy|Finance

Japan core inflation set to accelerate, keeping BOJ on track for more rate hikes

Japan's nationwide core consumer inflation likely accelerated to 2.6% year-on-year in May from 2.2% in the previous month, a Reuters poll of 18 economists showed

Japan core inflation set to accelerate, keeping BOJ on track for more rate hikes
Business|Economy|Finance|News

Investors react to BOJ decision to keep policy unchanged, trim bonds in future

The Bank of Japan kept interest rates unchanged on Friday but said it would trim bond buying in the future to allow long-term interest rates to move more freely.

Investors react to BOJ decision to keep policy unchanged, trim bonds in future