U.S. World Business Lifestyle
Today: June 15, 2025
Today: June 15, 2025

interest rates

Business|Economy|Finance|World

Turkey inflation seen dipping to 36.1% in May, monthly rate 2%: Reuters poll

Turkey's monthly inflation rate is expected to be 2% in May, impacted by higher clothing and fruit prices, with the annual rate seen falling to 36.1%, a Reuters poll showed on

Turkey inflation seen dipping to 36.1% in May, monthly rate 2%: Reuters poll
Australia|Business|Economy

Australia's consumer inflation holds steady in April, rate cuts still in view

Australian consumer inflation held steady in April as higher health and holiday costs offset a drop in petrol prices, although the monthly measure tends to be volatile and left hopes

Australia's consumer inflation holds steady in April, rate cuts still in view
Asia|Business|Economy|Finance|World

BOJ on alert to impact of super-long yield swings on borrowing costs

Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will be vigilant to the risk large swings in super-long bond yields could

BOJ on alert to impact of super-long yield swings on borrowing costs
Business|Economy|Finance|Stock Markets|World

Japan's Nikkei seen rising about 5% by year-end, shaking off Trump tariff impact: Reuters poll

Japan's Nikkei share average will climb about 5% by end-year as uncertainties over U.S. trade policies that have been holding the index back continue to clear up,

Japan's Nikkei seen rising about 5% by year-end, shaking off Trump tariff impact: Reuters poll
Business|Economy|Technology|World

Chinese savers decry falling deposit rates but still won't spend more

After Chinese banks reduced deposit rates last week, Miro Chen launched a social media poll: "When interest rates fall, do you save or spend?"

Chinese savers decry falling deposit rates but still won't spend more
Business|Economy|Finance|Stock Markets|World

Swiss inflation could go negative, SNB focused on medium term, Schlegel says

Swiss inflation could enter negative territory in the coming months, but this will not necessarily trigger a reaction by the Swiss National Bank, SNB

Swiss inflation could go negative, SNB focused on medium term, Schlegel says
Business|Economy|Finance|Stock Markets|World

Six months more of war in Gaza to further weigh on growth, Israel central bank chief says

Another six months of war between Israel and Palestinian militant group Hamas in Gaza would reduce Israel's economic growth by a half point in 2025 and further

Six months more of war in Gaza to further weigh on growth, Israel central bank chief says
Business|Economy|Europe|World

German home prices to rise 3% this year on tight supply; affordability to worsen: Reuters poll

German home prices will build on a recent rebound but at a slightly slower pace than expected earlier this year, according to analysts polled by Reuters, as

German home prices to rise 3% this year on tight supply; affordability to worsen: Reuters poll
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Trade confusion and long yield relief

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets Markets were left nonplussed by increasingly erratic U.S.

Trade confusion and long yield relief
Business|Economy|World

IMF nudges up UK's 2025 growth forecast, sees 'significant risks' to deficit goals

The International Monetary Fund nudged up its growth forecast for Britain this year in a regular assessment of the country's economy, and it urged finance minister

IMF nudges up UK's 2025 growth forecast, sees 'significant risks' to deficit goals
Business|Economy|Europe|Finance|World

Bank of Spain warns of slowing lending income growth

The Bank of Spain warned on Tuesday that lenders' income growth was likely to slow down this year amid lower interest rates and geopolitical risks, and it would need to closely

Bank of Spain warns of slowing lending income growth
Business|Economy|Finance|Stock Markets|US|World

Fed's Kashkari calls for steady rates, awaits clarity on tariff impact

Federal Reserve Bank of Minneapolis President Neel Kashkari on Tuesday called for keeping interest rates steady until there is more clarity on how higher tariffs

Fed's Kashkari calls for steady rates, awaits clarity on tariff impact
Business|Economy|Europe|Finance|World

ECB's Villeroy: normalisation of interest rates in euro zone probably not complete

The normalisation of interest rates in the euro zone is probably not complete, European Central Bank (ECB) policymaker Francois Villeroy de Galhau said on Tuesday.

ECB's Villeroy: normalisation of interest rates in euro zone probably not complete
Asia|Business|Economy|World

Bank of Korea to cut rate on May 29, more easing ahead: Reuters poll

The Bank of Korea (BOK) will lower its key policy rate by 25 basis points on Thursday as economic activity contracted in the last quarter and benign inflation

Bank of Korea to cut rate on May 29, more easing ahead: Reuters poll
Business|Economy

BOJ's Ueda calls for vigilance over food inflation risks

The Bank of Japan must be vigilant to the risk rising food prices could push up underlying inflation that is already near its 2% target, Governor Kazuo Ueda said,

BOJ's Ueda calls for vigilance over food inflation risks
Business|Economy|Finance|World

Russia's cooling economy facing 'hypothermia' risks, minister warns

Russia's economy is facing "hypothermia" risks, Economy Minister Maxim Reshetnikov said on Monday as he urged the central bank to take

Russia's cooling economy facing 'hypothermia' risks, minister warns
Business|Economy|Education|World

Fed Chair Powell praises integrity and public service amid unrelenting Trump attacks

Fed Chair Powell praises integrity and public service amid unrelenting Trump attacks

Fed Chair Powell praises integrity and public service amid unrelenting Trump attacks
Business|Economy|Finance|Stock Markets|US|World

Global central banks talk harsh new economic realities in Tokyo

It's Japan's version of the Fed's Jackson Hole symposium, without the trail hikes or views, and this year's gathering of global central bankers in Tokyo will focus on

Global central banks talk harsh new economic realities in Tokyo
Business|Economy|Finance|World

India GDP growth likely picked up in the January–March quarter

Indian economic growth likely picked up last quarter, a Reuters poll of economists found, in part from strength in rural spending related to

India GDP growth likely picked up in the January–March quarter
Business|Economy|World

Powell defends Federal Reserve in Princeton speech amid onslaught of attacks from Trump

Federal Reserve Chair Jerome Powell is defending the central bank’s response to the COVID-19 pandemic

Powell defends Federal Reserve in Princeton speech amid onslaught of attacks from Trump
Business|Economy

Fed's Waller sees path to rate cuts later this year, Fox Business reports

By Michael S.

Fed's Waller sees path to rate cuts later this year, Fox Business reports
Business|Economy|Finance|Stock Markets|US

Average rate on a US 30-year mortgage rises to 6.86%, its highest level since mid-February

The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for home shoppers that threatens to slow sales further this spring homebuying season

Average rate on a US 30-year mortgage rises to 6.86%, its highest level since mid-February
Business|Economy|Finance|World

BOJ vigilant on markets as super-long yields soar

Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will closely monitor market moves as yields on super-long Japanese government bonds (

BOJ vigilant on markets as super-long yields soar
Business|Economy|Finance|World

UK consumers turn a little less gloomy in May, GfK survey shows

Britain's consumers turned a bit more confident in May, according to a survey published on Friday that might reflect the impact of falling interest rates and an easing

UK consumers turn a little less gloomy in May, GfK survey shows
Business|Economy|Finance|World

Japanese bonds rally after fiscal concerns send super-long yields to records

Japanese government bonds recovered slightly on Friday, after a volatile week that saw fiscal and inflation concerns drive super-long yields to record highs.

Japanese bonds rally after fiscal concerns send super-long yields to records
Business|Economy|Finance|World

Russia's major exporters cut rail cargo volumes as economy slows, document shows

Major Russian exporters including Rusal and Gazpromneft have cut the planned volume of commodities like metal and oil products they send by rail, a Russian Railways

Russia's major exporters cut rail cargo volumes as economy slows, document shows
Business|Economy|Finance

Homeowners spend on renovations and repairs despite the uncertain economy and higher prices

U.S. homeowners are boosting spending on home renovation projects, bucking a broader pullback by consumers amid diminished confidence in the economy

Homeowners spend on renovations and repairs despite the uncertain economy and higher prices
Business|Economy|Finance|Science|Technology|World

Dollar keeps tumbling

A look at what matters in U.S. and global markets today from Mike Dolan, Editor-At-Large, Finance and Markets Even though some calm returned to U.S. bond and stock

Dollar keeps tumbling
Business|Economy|Europe|Finance|World

With inflation nearly tamed, ECB keen to project stability, accounts show

The Euro zone inflation shock is nearly defeated and even if a global trade war could push up prices later on, projecting stability in turbulent times was key, ECB policymakers

With inflation nearly tamed, ECB keen to project stability, accounts show
Business|Economy|World

Turkish cenbank keeps inflation forecast at 24%, ready to tighten if needed

Turkey's central bank left its year-end inflation forecast unchanged at 24% on Thursday but Governor Fatih Karahan said it is ready to tighten

Turkish cenbank keeps inflation forecast at 24%, ready to tighten if needed
Business|Economy|Europe|World

Loan volume for offices plummets, German bank data show

The volume of loans to finance office buildings fell sharply in the first three months of the year, Germany's VDP banking association said on Thursday, a grim sign as the nation's

Loan volume for offices plummets, German bank data show
Business|Economy|Finance|World

Tepid demand for US Treasury auction shows investor jitters about tax bill, deficit

The U.S.

Tepid demand for US Treasury auction shows investor jitters about tax bill, deficit
Business|Economy|Finance|World

Russia's weekly inflation edges up to 0.07%, official data shows

Russia's weekly inflation, a figure closely watched by the central bank, edged up to 0.07% after a 0.06% rise in the previous week, according to statistical data released on

Russia's weekly inflation edges up to 0.07%, official data shows
Business|Economy|Finance|World

UK inflation jumps in April, raising prospect of BoE rate cut delay

Britain suffered a bigger-than-expected inflation surge in April, prompting investors to bet on the Bank of England slowing its already gradual pace of

UK inflation jumps in April, raising prospect of BoE rate cut delay
Business|Economy|Europe|Finance|World

UK inflation rises to its highest level since January 2024 after domestic bills spike

Inflation in the U.K. spiked to its highest level for more than a year in April amid higher domestic bills such as energy and water

UK inflation rises to its highest level since January 2024 after domestic bills spike
Business|Economy|Finance|Stock Markets|World

Stocks dip, Treasury yields gain; investors weigh US fiscal concerns

Major stock indexes eased while longer-dated U.S.

Stocks dip, Treasury yields gain; investors weigh US fiscal concerns
Business|Economy|Environment|World

Canada annual inflation rate falls, but rise in core measures is tricky for central bank

Canada's annual inflation rate fell to 1.7% in April due to a drop in energy prices, but analysts said a rise in closely watched core measures would make life hard

Canada annual inflation rate falls, but rise in core measures is tricky for central bank
Business|Economy|Finance|World

BoE's Pill views quarterly pace of rate cuts as 'too rapid'

Bank of England Chief Economist Huw Pill said the BoE's pace of interest rate cuts had been too fast given still strong wage pressures on

BoE's Pill views quarterly pace of rate cuts as 'too rapid'
Australia|Business|Economy|Finance|Stock Markets|World

Australia dollar slips as RBA cuts rates, warns on global outlook

The Australian dollar slipped on Tuesday after the country's central bank cut interest rates as expected while highlighting the economic risks from a global trade war,

Australia dollar slips as RBA cuts rates, warns on global outlook
Business|Economy|World

Brazil Q1 activity jumps 1.3% as grains, industry offset rate-hike drag

Brazil's economy powered through the first quarter, defying high borrowing costs thanks to a bumper grain harvest and growth in the industrial sector, central bank

Brazil Q1 activity jumps 1.3% as grains, industry offset rate-hike drag
Business|Economy|Finance|Stock Markets|US|World

Fed officials take cautious view on US markets amid downgrade

U.S.

Fed officials take cautious view on US markets amid downgrade
Business|Economy|Finance|World

Japan's Ishiba rules out tax cuts funded by debt issuance

Japan will not resort to tax cuts funded by additional debt issuance, Prime Minister Shigeru Ishiba said on Monday, pushing back against political pressure to loosen

Japan's Ishiba rules out tax cuts funded by debt issuance
Asia|Business|Economy|Finance|Stock Markets|US|World

BOJ to keep hiking rates if economy rebounds from tariff hit, deputy governor says

The Bank of Japan will continue to raise interest rates if the economy rebounds from an expected hit from higher U.S. tariffs, the central bank's deputy governor

BOJ to keep hiking rates if economy rebounds from tariff hit, deputy governor says
Business|Economy|Political|US

Trump pushes US Federal Reserve for rate cuts, criticizes Powell

President Donald Trump on Saturday said in a social media post the U.S. Federal Reserve should cut rates "sooner, rather than later."

Trump pushes US Federal Reserve for rate cuts, criticizes Powell
Business|Crime|Economy|Finance|US

Capital One to pay $425 million to settle litigation over savings accounts

Capital One has agreed to pay $425 million to settle nationwide litigation accusing it of cheating savings account depositors out of much higher interest rates by not

Capital One to pay $425 million to settle litigation over savings accounts
Business|Economy|Finance|World

The United States just lost its last perfect credit rating

The United States just lost its last perfect credit rating

The United States just lost its last perfect credit rating
Business|Economy|Finance|World

US dollar rises after data, set for fourth straight weekly gain

The dollar strengthened on Friday after the latest round of economic data showed a rebound in import prices while consumer sentiment remained subdued as tariff

US dollar rises after data, set for fourth straight weekly gain
Business|Economy|World

Dovish BOJ policymaker urges pause in rate hikes on US tariff uncertainty

The Bank of Japan must hold off raising interest rates for the time being, its board member Toyoaki Nakamura said on Friday, warning of growing

Dovish BOJ policymaker urges pause in rate hikes on US tariff uncertainty
Australia|Business|Economy|World

New Zealand inflation expectations rise in Q2, central bank survey shows

New Zealand's inflation expectations rose in the second quarter to its highest in a year, a Reserve Bank of New Zealand (RBNZ) survey showed on Friday, as markets expect the central

New Zealand inflation expectations rise in Q2, central bank survey shows
Business|Economy|Finance|World

Japan's April core inflation likely sped up to fastest pace in two years: Reuters poll

Japan's April core inflation probably rose at its fastest pace in two years on the reduction of energy subsidies and higher food costs, a Reuters poll showed, adding to pressure on

Japan's April core inflation likely sped up to fastest pace in two years: Reuters poll
Asia|Business|Economy|Finance|World

Malaysia's GDP slows in Q1, outlook hit by trade tensions

Malaysia's economy grew 4.4% in the first quarter of 2025 from a year earlier, slower than the previous quarter, with the central bank

Malaysia's GDP slows in Q1, outlook hit by trade tensions
Business|Economy|Finance|Stock Markets|US|World

Trading Day: Inflation - calm before the storm?

TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist  Softer bond yields cushion stocks Cooler inflation

Trading Day: Inflation - calm before the storm?
Business|Economy|Finance|World

Japan's economy shrinks more than expected as US tariff hit looms

Japan's economy shrank for the first time in a year and at a faster pace than expected, data for the March quarter showed on Friday, underscoring the fragile nature of

Japan's economy shrinks more than expected as US tariff hit looms
Business|Economy|Finance|World

US producer prices unexpectedly fall in April

U.S. producer prices unexpectedly fell in April as the cost of services declined by the most since 2009, pulled down by ebbing demand for air travel and hotel accommodation.

US producer prices unexpectedly fall in April
Business|Economy|World

BOJ to pause rate hikes through September amid Trump uncertainty: Reuters poll

Most economists now expect the Bank of Japan will hold interest rates through September as it pauses to assess the effects of U.S. tariffs, a Reuters survey

BOJ to pause rate hikes through September amid Trump uncertainty: Reuters poll
Business|Economy|World

Fed policymakers on hold to seek clarity from the data, but the data are not cooperating

Federal Reserve policymakers are leaving interest rates where they are while they try to assess how U.S.

Fed policymakers on hold to seek clarity from the data, but the data are not cooperating
Business|Economy|Finance

Point72's Cohen sees economic slowdown amid tariff confusion

Point72 Asset Management’s founder, Steven Cohen, said on Wednesday he believes the U.S. economy will very likely slow down because of tariff threats, but even so

Point72's Cohen sees economic slowdown amid tariff confusion
Business|Economy|Finance|World

Fed's Jefferson: Expect economy to slow, future inflation uncertain due to tariffs

Recent inflation data point to continued progress toward meeting the U.S.

Fed's Jefferson: Expect economy to slow, future inflation uncertain due to tariffs
Australia|Business|Economy|Finance

Australia wage growth ticks up in Q1, led by public sector

Australian wages picked up in the March quarter led by government pay rises, data showed on Wednesday, while subdued growth in the private sector suggested a tight

Australia wage growth ticks up in Q1, led by public sector
Business|Economy|Finance|World

Fed to stay patient amid cooling trade war and inflation

Tamer-than-expected inflation and a significant de-escalation of a U.S.-China trade war are easing fears of a sharp squeeze on American households and businesses in coming

Fed to stay patient amid cooling trade war and inflation
Arts|Economy|Environment|Finance

Trump calls on Fed to cut rates, saying prices of 'practically everything' are down

U.S. President Donald Trump on Tuesday repeated his call for the Federal Reserve to lower interest rates, saying prices for gas, groceries and "practically everything else" are down.

Trump calls on Fed to cut rates, saying prices of 'practically everything' are down
Business|Economy|Education|Finance

Report: Inflation and labor shortages are stressing small business owners right now

NEXT examines the layered challenges small business owners face in 2025: the threat of inflation, uneven consumer demand, and growing labor pressure.

Report: Inflation and labor shortages are stressing small business owners right now
Economy|Finance|Political|Stock Markets|World

Turkey's recent political events hit economy, reserves, says EBRD

Recent political events in Turkey stymied the country's path to slowing inflation and the fallout affected the economy as well as foreign exchange reserves, the

Turkey's recent political events hit economy, reserves, says EBRD
Business|Economy|Finance|World

Bank of England's Pill says interest rates might need to stay high

Bank of England Chief Economist Huw Pill said on Tuesday that he was worried that inflation in Britain could prove stronger than expected by the central bank and interest rates might

Bank of England's Pill says interest rates might need to stay high
Business|Economy|Europe

ECB to stand by past stimulus policies in strategy review

The European Central Bank will stand by its aggressive stimulus policy of the last decade in a strategy review, side-stepping calls for self

ECB to stand by past stimulus policies in strategy review
Business|Economy|Finance|World

BOJ upbeat on wages despite US tariffs, sees scope to resume rate hikes

The Bank of Japan expects wages and prices to keep rising even as the uncertainty over U.S. tariff policy weighs on the economy, its deputy governor Shinichi Uchida

BOJ upbeat on wages despite US tariffs, sees scope to resume rate hikes
Business|Economy|Finance|World

Bank of Mexico seen cutting key rate by 50 basis points: Reuters poll

The Bank of Mexico will likely cut its benchmark interest rate by 50 basis points at its meeting on May 15, taking it to 8.5%, according to a Reuters poll on Monday, as

Bank of Mexico seen cutting key rate by 50 basis points: Reuters poll
Business|Economy|Finance|Stock Markets|Technology|World

Stocks, dollar surge as US and China agree 90-day tariff relief

Global shares rallied, while gold and safe-haven currencies slumped against a resurgent dollar on Monday as the U.S. and China agreed to

Stocks, dollar surge as US and China agree 90-day tariff relief
Business|Economy|Finance|Stock Markets

Fed officials say China-US tariff reprieve lowers risks

The U.S.-China deal to lower the most aggressive import tariffs between the world's two largest economies could lessen the impact of their

Fed officials say China-US tariff reprieve lowers risks
Business|Economy|World

BoE's Greene says price pressures still too high, inflation expectations rising

Bank of England monetary policymaker Megan Greene said on Monday that wage and inflation measures were moving in the right direction but remained too high and that she was worried

BoE's Greene says price pressures still too high, inflation expectations rising
Business|Economy|Finance|Stock Markets|World

The devil's in the lack of detail

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

The devil's in the lack of detail
Business|Economy|Finance|World

ECB should keep steady hand, hold rates close to current levels, Schnabel says

The European Central Bank should stop cutting borrowing costs as turmoil in the global economy is fuelling price pressures and inflation was at risk of exceeding the bank's 2% target in the

ECB should keep steady hand, hold rates close to current levels, Schnabel says
Business|Economy|Finance|US

Fed's Cook warns tariffs could lower productivity, feed inflation

President Donald Trump's unfolding trade policy may curb U.S. productivity and possibly require higher interest rates to contain inflation in a less efficient

Fed's Cook warns tariffs could lower productivity, feed inflation
Business|Economy|Europe|World

Bank of England cuts rates in split decision before US tariff deal

(This May 8 story has been corrected to say two-thirds of the impact is due to the direct effect of tariffs on demand for UK

Bank of England cuts rates in split decision before US tariff deal
Business|Economy|Finance|World

Canada's unemployment rate jumps to 6.9% in April as Trump tariffs bite

Canada's unemployment rate rose to 6.9% in April, the highest since November, as U.S. tariffs started to hit Canada's export-dependent economy in earnest, data

Canada's unemployment rate jumps to 6.9% in April as Trump tariffs bite
Business|Economy|Finance|Stock Markets|Travel

Expedia shares fall after soft US travel demand leads to revenue miss

Shares of Expedia fell 7.5% on Friday, after the online travel-booking platform missed Wall Street estimates for quarterly revenue due to weak demand in the United

Expedia shares fall after soft US travel demand leads to revenue miss
Business|Economy|Finance|Stock Markets|World

US stock market leadership eyed with crucial economic data on tap

Investors head into a busy week for economic data watching if leadership in the U.S. stock market could be moving away from defensive equity areas that indicates

US stock market leadership eyed with crucial economic data on tap
Business|Economy|Finance|Technology|World

Wall Street gains as first trade deal reached

U.S. stocks rose on Thursday as investors cheered a new trade agreement hammered out between the United States and Britain, while U.S.

Wall Street gains as first trade deal reached
Business|Economy|Finance|Stock Markets|US

Average rate on a US 30-year mortgage holds steady at 6.76%, not far from highest levels this year

The average rate on a 30-year mortgage in the U.S. held steady this week, not far from its highest levels this year, but below where it was a year ago

Average rate on a US 30-year mortgage holds steady at 6.76%, not far from highest levels this year
Business|Economy|Finance|World

Mexico's inflation meets expectations in April ahead of rate decision

Mexico's annual inflation rate came in line with market expectations in April, official data showed on Thursday, accelerating from the previous month but still within the central bank's

Mexico's inflation meets expectations in April ahead of rate decision
Business|Economy|Finance|World

Global central banks diverge as tariff risks hamper US Fed

Big central banks are diverging as White House tariffs threaten to raise U.S. inflation and a dash out of the dollar sparks disinflationary currency strength

Global central banks diverge as tariff risks hamper US Fed
Business|Economy|Finance|World

Bank of England cuts interest rates and welcomes word of US-UK trade deal

The Bank of England is cutting its main interest rate by a quarter of a percentage point to 4.25% amid concerns over the potential shock to global growth emanating from the tariff policies of the Trump administration

Bank of England cuts interest rates and welcomes word of US-UK trade deal
Business|Economy|Europe|Finance|World

Higher interest rates to delay U.S. residential market recovery, CRH CEO says

A recovery in the currently subdued U.S. residential construction market will inevitably take longer due to interest rates and inflation potentially staying higher for longer, the

Higher interest rates to delay U.S. residential market recovery, CRH CEO says
Business|Economy|Europe|Finance|Stock Markets|World

The Bank of England cuts interest rates as tariffs endanger global economic growth

The Bank of England cuts interest rates as tariffs endanger global economic growth

The Bank of England cuts interest rates as tariffs endanger global economic growth
Business|Economy|Finance|Stock Markets|US|World

UK eyes 'major trade deal'

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets The spotlight hit Britain on Thursday as U.S.

UK eyes 'major trade deal'
Business|Economy|Finance|Political|Stock Markets|World

Instant View: BoE cuts rates, surprise vote split sends pound, yields higher

The Bank of England cut its main interest rate by 0.25 percentage points to 4.25% on Thursday, though with an unexpected three-way split among policymakers as U.S.

Instant View: BoE cuts rates, surprise vote split sends pound, yields higher
Business|Economy|Finance|Stock Markets|World

UK RICS house price balance falls to 9-month low in April after tax break ends

Britain's housing market slowed last month after the end of a temporary tax break on home purchases which had seen buyers rush to complete transactions in previous

UK RICS house price balance falls to 9-month low in April after tax break ends
Business|Economy

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
Business|Economy|Finance|World

Bank of England set to cut rates amid worries about Trump tariff fallout

The Bank of England is poised to extend its slow run of interest rate cuts on Thursday with investors watching for any signs that it could soon pick up the pace

Bank of England set to cut rates amid worries about Trump tariff fallout
Business|Economy|Finance|World

Dollar retains strength against peers after Fed rate decision

The U.S. dollar remained slightly stronger against major currencies including the yen and the euro on Wednesday after the Federal Reserve left interest rates

Dollar retains strength against peers after Fed rate decision
Business|Economy|Finance|Stock Markets|World

Rising valuations, cloudy earnings view confronts US stocks after tariff rebound

After a round-trip for U.S. stocks following their tariff-fueled swoon, investors are wary of obstacles that will prevent the market from more significant gains

Rising valuations, cloudy earnings view confronts US stocks after tariff rebound
Business|Economy|Europe|Finance|World

UK construction activity falls for fourth month, PMI shows

Activity in Britain's construction sector contracted for a fourth month in a row in April as new work dried up while cost pressures remained high, an industry

UK construction activity falls for fourth month, PMI shows
Business|Economy|World

New Zealand central bank warns of financial system risks amid global volatility

New Zealand's central bank said on Wednesday that risks to the financial system have increased over the past six months due to a more volatile

New Zealand central bank warns of financial system risks amid global volatility
Asia|Business|Economy|Environment|Europe|Finance|Stock Markets|World

Dollar falls, euro gains after Merz elected German chancellor

The dollar fell broadly on Tuesday on worries that U.S.

Dollar falls, euro gains after Merz elected German chancellor
Business|Economy|Finance|World

UK services sector contracts at steepest pace since 2023, PMI shows

Britain's services sector, accounting for much of the economy, shrank in April for the first time since October 2023 and at the fastest pace in more than two years, according to a

UK services sector contracts at steepest pace since 2023, PMI shows
Business|Economy|Europe|Finance|Stock Markets|World

STOXX 600 posts longest winning streak in nearly four years; focus on Fed, tariff updates

European shares extended their winning streak on Monday, with investors focussing on developments from the trade war alongside the U.S.

STOXX 600 posts longest winning streak in nearly four years; focus on Fed, tariff updates
Business|Economy|Finance

Fed policymakers expected to keep rates steady as tariffs roil outlook

The Federal Reserve will doubtless leave interest rates unchanged on Wednesday, but the meeting may be the last where the outcome is so cut and dry with President Donald

Fed policymakers expected to keep rates steady as tariffs roil outlook
Business|Economy|Finance|World

Australia markets welcome political stability under Labor as Trump 2.0 risks mount

Australian financial markets on Monday largely welcomed a historic win by the centre-left Labor Party as it strengthens the government's hand in dealing with any serious threat to

Australia markets welcome political stability under Labor as Trump 2.0 risks mount
Business|Economy|Finance|Political|Stock Markets|US

Trump says won't remove Fed chair Powell, says good parts of economy are his doing

U.S.

Trump says won't remove Fed chair Powell, says good parts of economy are his doing