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
May 09, 2025Shares 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
May 09, 2025Investors 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
May 09, 2025U.S. stocks rose on Thursday as investors cheered a new trade agreement hammered out between the United States and Britain, while U.S.
May 08, 2025The 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
May 08, 2025Mexico'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
May 08, 2025Big 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
May 08, 2025The 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
May 08, 2025A 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
May 08, 2025The Bank of England cuts interest rates as tariffs endanger global economic growth
May 08, 2025What 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.
May 08, 2025The 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.
May 08, 2025Britain'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
May 07, 2025The 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
May 06, 2025The 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
May 07, 2025The U.S. dollar remained slightly stronger against major currencies including the yen and the euro on Wednesday after the Federal Reserve left interest rates
May 07, 2025After 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
May 07, 2025Activity 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
May 07, 2025New 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
May 06, 2025The dollar fell broadly on Tuesday on worries that U.S.
May 06, 2025Britain'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
May 06, 2025European shares extended their winning streak on Monday, with investors focussing on developments from the trade war alongside the U.S.
May 05, 2025The 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
May 05, 2025Australian 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
May 05, 2025U.S.
May 04, 2025President Donald Trump said on Friday the U.S. was in a "transition period" and was going to do "fantastically" while downplaying the impact any short-term recession may have.
May 02, 2025There is reason to be optimistic about the European Central Bank's current phase of rate cuts continuing, Vice President Luis de Guindos said in an interview to be published in the
May 02, 2025Federal Reserve policymakers on the alert for possible cracks in the labor market as businesses adjust to President Donald Trump's erratic trade policy got some reassurance on
May 02, 2025Thailand's monetary policy is relatively accommodative and the central bank is ready to ease again, if
May 02, 2025Euro zone prices rose more than expected last month and underlying price pressures accelerated, an unwelcome trend that is still not expected to prevent another
May 02, 2025Microsoft and Meta Platforms drove Wall Street higher after delivering profits for the start of the year that were even bigger than analysts expected
May 01, 2025British homebuyers increased their mortgage borrowing by the most in nearly four years in March as they rushed to beat the end of a tax break but Bank of England data published on
May 01, 2025The Bank of Japan cut its growth and inflation forecasts on Thursday while refraining from raising interest rates against a backdrop of uncertainty created by Washington's aggressive
May 01, 2025The Bank of Japan kept interest rates steady and slashed its growth forecasts on Thursday, as the hit to global demand from higher U.S. tariffs cloud the outlook for the country's
May 01, 2025U.S. stocks pulled a late-session rebound on Wednesday and oil prices logged their biggest monthly drop in 3-1/2 years as investors parsed news of the first U.S.
April 30, 2025Federal Reserve policymakers have signaled that short-term interest rates will remain unchanged as they wait for clearer signs that inflation is nearing the U.S. central
April 30, 2025The Bank of Canada discussed whether to cut rates again earlier this month but decided not to given the uncertainty caused by U.S.
April 30, 2025Russia's budget deficit is projected to be 1.5% of gross domestic product (GDP) in 2025, three times the government's target, as the country prepares for a prolonged period of low
April 30, 2025What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets There is growing evidence the U.S. economy was struggling even before this
April 30, 2025Australia Treasurer Jim Chalmers said the market was justified to expect more interest rate cuts after annual core inflation slowed to a three-year low, highlighting the decline
April 30, 2025Core inflation in Australia slowed to a three-year low in the first quarter as costs in the services sector cooled markedly, data showed on Wednesday, supporting the
April 30, 2025Trump’s 100-day rally: Familiar grievances, an ebullient crowd and a difficult task ahead
April 30, 2025Upcoming changes in the way Britain calculates the country's inflation rate would have produced slightly lower headline figures for the year to June 2024, figures from the Office for
April 29, 2025Euro zone government bonds edged higher on Monday, as the unusual absence of U.S. tariff-related headlines left investors waiting for direction from economic data due
April 28, 2025Brazil's central bank head stressed on Monday the data-dependent stance of policymakers in their tightening cycle, emphasizing the need for confidence that monetary policy is achieving the
April 28, 2025The European Central Bank may cut interest rates below the neutral level that keeps the economy in balance, ECB policymaker Olli Rehn said on Monday, adding that that euro zone
April 28, 2025The European Central Bank's next policy meeting will be complex, as policymakers need to balance the uncertainty around inflation risks from U.S. tariffs, Dutch central bank
April 28, 2025European Central Bank policymakers are becoming increasingly confident about cutting interest rates in June as inflation continues its march lower, but there
April 26, 2025The Bank of Japan is expected to keep interest rates steady on Thursday and warn of heightening risks to the fragile economy that could keep policy in a holding pattern, as
April 28, 2025Japan may have averted U.S. pressure for a stronger yen in bilateral finance talks on Thursday, but a closer look at officials' descriptions of the meeting
April 25, 2025Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging markets and developing countries, but cutting their own
April 25, 2025Former Federal Reserve Governor Kevin Warsh, with whom President Donald Trump is reported to have discussed firing U.S. central bank chief Jerome Powell and
April 25, 2025Big Tech stocks carried Wall Street to the close of a winning, roller-coaster week
April 25, 2025The dollar headed for its first weekly gain since mid-March on Friday after China granted some tariff exemptions for U.S. imports, raising hopes that the trade war
April 25, 2025South African economic growth will be a bit weaker this year than thought a month ago partly due to trade tensions, with U.S.
April 25, 2025Core inflation in Japan's capital accelerated to a two-year high in April on surging food costs, making the central bank's quest to fully exit ultra easy policy a
April 24, 2025Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will continue to raise interest rates if underlying inflation converges toward its 2%
April 24, 2025European Central Bank policymaker Olli Rehn on Thursday played up the chance of an interest rate cut in June as the ECB's new forecasts "may well" point to inflation falling too
April 24, 2025The European Central Bank may need to lower interest rates further and shouldn't exclude a larger reduction, Governing Council member Olli Rehn told Bloomberg News in an interview.
April 24, 2025U.S. stocks rose as a worldwide rally came back around to Wall Street
April 23, 2025Prices are rising and economic activity has begun to slow across parts of the nation as businesses and households try to adapt to U.S.
April 23, 2025Global trade tensions sparked by U.S.
April 23, 2025British companies buckled in April under the strain of an escalating global trade war that threatens to tip the economy into a new downturn, a survey showed on Wednesday.
April 23, 2025Indonesia's central bank held policy rates steady for a third consecutive review on Wednesday, as expected, aiming to maintain rupiah exchange
April 23, 2025Wage growth in the euro zone is expected to ease considerably this year, according to data from the European Central Bank released on Wednesday.
April 23, 2025South Africa's annual inflation rate fell for the first time in five months in March to its lowest level since June 2020, due to a drop in
April 23, 2025Inflation in India is expected to stay near target this fiscal year, providing space to support growth through further monetary easing, members of the
April 23, 2025The Bank of Japan is likely to hold its key interest rate through June, showed a Reuters survey of economists, with a 25-basis-point hike next quarter expected by
April 23, 2025Federal Reserve Governor Adriana Kugler said on Tuesday that with U.S. import tariffs significantly larger than expected and likely to put upward pressure on prices, the central bank ought
April 22, 2025Mexico's annual inflation likely slowed in the first half of April, a Reuters poll on Tuesday showed, supporting chances that the central bank will again cut its key rate by
April 22, 2025U.S. stocks rebounded on Tuesday from the previous day's selloff as investors focused on earnings, while the dollar rose after U.S.
April 22, 2025The International Monetary Fund on Tuesday cut its economic growth forecast for Japan and projected the central bank would lift interest rates at a slower-than-
April 22, 2025The European Central Bank could hit its 2% inflation target in the coming few months but the broader economic outlook is far too uncertain for the bank to provide any meaningful guidance
April 22, 2025President Donald Trump on Monday kept up his verbal assault on Federal Reserve Chair Jerome Powell over the Fed's refusal for now to further cut interest rates, rattling financial markets
April 22, 2025Morning Bid U.S. What matters in U.S. and global markets today By Amanda Cooper, EMEA Markets Breaking News Editor It's no secret that U.S.
April 22, 2025PulteGroup's first-quarter profit and revenue beat Wall Street estimates on Tuesday, as the company's incentives helped improve housing demand.
April 22, 2025Jerome Powell isn’t rushing to lower rates, even if Trump is rushing to fire him
April 22, 2025Euro zone inflation could be a touch higher this year than earlier thought but will then stabilise at the European Central Bank's 2% target, the bank's Survey of Professional
April 22, 2025U.S. stocks suffered steep losses on Monday as U.S.
April 21, 2025The U.S. economy could slow unless interest rates are lowered immediately, President Donald Trump said on Monday, repeating his criticism of Federal
April 21, 2025President Donald Trump is repeating his attacks against the chair of the Federal Reserve, demanding that the central bank lower its key interest rate to boost the economy
April 21, 2025The Bank of Japan is expected to signal next week that risks from higher U.S. tariffs will not derail a cycle of rising wages and inflation seen as crucial to keep
April 21, 2025Bank Indonesia will hold interest rates steady on Wednesday to support the under-pressure rupiah, despite growing concerns of slowing economic growth driven by
April 21, 2025Asian bonds attracted the largest monthly foreign inflows in seven months in March, driven by hopes of rate cuts from regional central banks and their appeal as a haven as global assets
April 21, 2025White House economic adviser Kevin Hassett on Friday said President Donald Trump and his team were continuing to study if they could fire Federal Reserve Chair
April 18, 2025San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable with a couple of interest rate cuts this year, rising risks of inflation mean the
April 18, 2025President Donald Trump continued to urge Federal Reserve Chairman Jerome Powell to lower interest rates and warned of "political pressure" facing Powell if the Fed continues to hold rates steady.
April 17, 2025Donald Trump has stepped up his attacks on Federal Reserve Chair Jerome Powell at the same time that the Supreme Court is considering a case that could make it easier for the president to fire him
April 17, 2025U.S.
April 18, 2025Traders saw the all-clear on Thursday from the European Central Bank to bet on even steeper interest rate cuts ahead, confident the central bank
April 17, 2025Bank of Japan Governor Kazuo Ueda said on Friday the central bank will keep raising interest rates if underlying inflation accelerates toward its 2% target, as it projects.
April 18, 2025President Donald Trump has attacked Federal Reserve Chair Jerome Powell for not cutting interest rates
April 17, 2025U.S.
April 17, 2025By Michael S.
April 17, 2025U.S President Donald Trump said on Thursday that Federal Reserve Chair Jerome Powell's termination "cannot come fast enough", while calling for the U.S. central bank to cut interest rates.
April 17, 2025Trump blasts Fed Chair Powell, saying his ‘termination cannot come fast enough’
April 17, 2025Egypt's central bank lowered interest rates by 225 basis points on Thursday, its first cut since November 2020, a decision mostly driven by inflation plunging as uncertainty about
April 17, 2025The European Central Bank cut interest rates for the seventh time in a year on Thursday and warned that economic growth will take a big hit
April 16, 2025U.S. President Donald Trump's tariffs have darkened the global economic backdrop, forcing big central banks to reassess their next steps.
April 17, 2025European Central Bank cuts interest rates as tariffs threaten the economy
April 17, 2025The European Central Bank cut interest rates for the seventh time in a year on Thursday, looking to prop up an already struggling euro zone economy that will take a knock from U.S.
April 17, 2025The European Central Bank cut interest rates Thursday for the seventh time to counter worries about economic growth fueled by President Donald Trump’s tariff onslaught
April 17, 2025The European Central Bank cut interest rates as expected on Thursday, easing for the seventh time in the past year as U.S. tariffs and faltering business confidence sap already
April 17, 2025Turkey's central bank hiked its key interest rate by 350 basis points to 46% on Thursday, in a surprise move that reversed an easing cycle and
April 17, 2025Worries about economic growth fueled by U.S. President Donald Trump’s tariff onslaught will likely push the European Central Bank to cut interest rates on Thursday for a sixth straight time to make credit more affordable for business and consumers
April 17, 2025RBC BlueBay Asset Management has opened short positions on the U.S. dollar, betting on the end of U.S. exceptionalism as President Donald Trump's trade war
April 17, 2025Bank of Japan policymakers on Thursday warned of heightening uncertainty over the fallout from U.S.
April 17, 2025The Federal Reserve faces a complicated picture for policy decisions, Kansas City Federal Reserve Bank President Jeff Schmid said on Wednesday, noting that while he is hearing nervousness
April 16, 2025The Bank of Japan is set to cut its economic growth forecasts at its April 30-May 1 policy meeting as U.S.
April 16, 2025By Michael S.
April 16, 2025The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday
April 16, 2025Brazil's government acknowledged growing risks of public debt renegotiation, with a record level for 2025 due to an increased share of debt exposed to short-term
April 16, 2025The Bank of Canada on Wednesday held its key policy rate at 2.75%, its first pause after seven consecutive cuts, and said it would be ready to
April 16, 2025The Bank of Canada on Wednesday held its benchmark interest rate at 2.75%, its first pause after seven consecutive cuts.
April 16, 2025The interest rate for the most popular U.S. home loan jumped to 6.81% last week, its highest level in two months, following a turbulent week for financial markets as President Donald Trump
April 16, 2025Bank of Japan Governor Kazuo Ueda said the central bank may need to take policy action if U.S. tariffs hurt the Japanese economy, the Sankei newspaper reported on
April 15, 2025U.S.
April 15, 2025Canada's annual inflation rate fell to 2.3% in March from 2.6% in February, helped by lower gasoline and travel tour prices.
April 15, 2025The pound edged up on Tuesday, clawing back some gains from the euro in particular, as the volatility that has dominated markets for the past couple of weeks appeared to ebb.
April 15, 2025Brazilian central bank executive director Rogerio Lucca said on Monday that unclogging the transmission channels of monetary policy is a potential challenge, highlighting that
April 14, 2025The Trump administration's tariff policies are a major shock to the U.S. economy that could lead the Federal Reserve to cut interest rates to head off
April 14, 2025Mexican President Claudia Sheinbaum said on Monday that she had instructed Finance Minister Edgar Amador to speak with banks so they can lower interest rates for both
April 14, 2025By Michael S.
April 14, 2025The Bank of Canada is likely to pause its rate-cutting cycle this week as rising inflation, weakened employment and U.S.
April 14, 2025Growing recession risks to Canada from the U.S.-led trade war will push the Bank of Canada to cut interest rates at least twice more this year, although a
April 14, 2025Japan's core inflation probably accelerated in March from the previous month as rice prices rose, a Reuters poll showed, a sign of persistent cost pressure that is likely to
April 11, 2025By Michael S.
April 10, 2025Australia's top central banker said on Thursday that it was still too early to decide on the path for interest rates, adding it needed to be patient as it assesses the economic
April 10, 2025Federal Reserve policymakers worry U.S.
April 09, 2025By Michael S.
April 09, 2025A violent U.S.
April 09, 2025Mexico's annual inflation sped up in March but remained within the central bank's target range, data released on Wednesday showed, giving credit to expectations that the
April 09, 2025Retail sales volumes in Brazil rose 0.5% in February from the previous month, reaching the highest level since the data series began in 2000, statistics agency IBGE said on
April 09, 2025Downside risks have materialised since March that support the case for cutting interest rates at the European Central Bank's April meeting, ECB policymaker Olli Rehn said on
April 09, 2025Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank will continue to raise interest rates if the economy keeps recovering, but will scrutinise "without pre-
April 09, 2025San Francisco Federal Reserve Bank President Mary Daly on Tuesday became the latest U.S. central banker to say there's no rush to cut interest rates, what with the economy and the labor
April 08, 2025Major brokerages including Goldman Sachs and J.P.Morgan see more rate cuts by the U.S. Federal Reserve following President Donald Trump's latest tariffs.
March 20, 2025Brazil's public sector gross debt rose in February from the previous month, central bank data showed on Tuesday, driven by the country's heavy interest burden.
April 08, 2025The Russian economy has slowed sharply in recent months, according to the latest economic data, and may be at further risk if a fall in oil prices and global
April 08, 2025The S&P 500 and the Dow closed lower on Monday after a roller coaster session, with investors worried about an economic slowdown and rising inflation as
April 07, 2025U.S.
April 07, 2025Wall Street nosedived for a second straight day on Friday, confirming the Nasdaq Composite was in a bear market and the Dow Jones Industrial Average was in a correction, as
April 04, 2025The Federal Reserve is seen waiting until June to start cutting interest rates after a government report showed stronger than expected jobs growth last month that eased concern about the
April 04, 2025One of the Federal Reserve's preferred recession indicators has this week deteriorated as fast as it did in 2008, the latest sign that bond investors are bracing
April 04, 2025The Bank of Japan may raise interest rates once more this year then pause, as U.S.
April 04, 2025New U.S. tariffs announced by President Donald Trump may delay, but likely won't derail, the Bank of Japan's plan to raise interest rates further as policymakers seek
April 04, 2025Bank of Japan Governor Kazuo Ueda said on Friday the central bank will scrutinise the impact of U.S. tariffs on the country's economy when setting monetary policy,
April 03, 2025The Reserve Bank of New Zealand will cut interest rates by 25 basis points on April 9, according to economists polled by Reuters, who have held to
April 03, 2025Goldman Sachs warned sweeping U.S. tariffs will weigh on global growth and prompt the Federal Reserve to cut interest rates more aggressively
April 03, 2025ECB policymakers were already counting the potential cost of U.S. tariffs long before their introduction, arguing they would weigh on growth but have a more uncertain impact on
April 03, 2025Traders boosted bets the Federal Reserve will start cutting interest rates in June and deliver a total of three quarter-point reductions to the policy rate by October, as U.S.
April 02, 2025Rising tariffs in the U.S. could feed into more prolonged inflation than might be expected, Fed Governor Adriana Kugler said on Wednesday, pushing back on
April 02, 2025The U.S. administration's tariff hikes should not derail an ongoing decline in inflation in Europe, ECB policymaker Francois Villeroy de Galhau said on Wednesday, adding that the
April 02, 2025Brazil's industrial production unexpectedly fell in February from the previous month, official data showed on Wednesday, marking the fifth consecutive month without a positive
April 02, 2025Brazil's presidential chief of staff said on Wednesday that 2 billion reais ($352.02 million) in new payroll-deductible loans for private-sector workers have already been issued
April 02, 2025South Korea's consumer prices rose 2.1% in March from a year earlier, after a rise of 2.0% in February, government data showed on Wednesday.
April 01, 2025Some Chinese banks have started raising interest rates amid growing bad consumer loans in a dramatic U-turn just weeks after slashing them to unprecedented
April 01, 2025The Bank of Japan's top economist, Koji Nakamura, was named new executive director overseeing monetary policy and financial markets on Tuesday, the central bank said
April 01, 2025Australian retail sales rose modestly for a second straight month in February as a long-awaited cut in interest rates combined with slower inflation to boost consumer sentiment and
March 31, 2025Australia's property prices hit a record high in March after the first rate cut in over four years bolstered buyer sentiment, although it remains unclear if the upward momentum will
March 31, 2025German inflation fell more than expected in March, data showed on Monday, bolstering the case for policymakers seeking further interest rate cuts at the European
March 31, 2025High uncertainty, mainly due to U.S. trade policy announcements, means the European Central Bank needs to be cautious in reducing its interest rates, governing council member Fabio
March 31, 2025The National Bank of Poland (NBP) is expected to keep its main interest rate steady at 5.75% on Wednesday, a Reuters poll showed, as inflation stands near double
March 31, 2025The Bank of Japan could take another key step toward diminishing its huge presence in the bond market next week, when it releases its bond-buying
March 28, 2025Brazilian Finance Minister Fernando Haddad said on Friday that President Luiz Inacio Lula da Silva will not adopt unorthodox policies with next year's presidential election in mind, where
March 28, 2025San Francisco Federal Reserve Bank President Mary Daly on Friday said inflation data published earlier in the day confirms her decreased confidence in her baseline expectation that two
March 28, 2025San Francisco Federal Reserve Bank President Mary Daly still sees two interest-rate cuts this year as a "reasonable" projection, but the recent plateauing of inflation
March 28, 2025Inflation in March came in far below forecasts in two of the euro zone's largest economies, data showed on Friday, while consumer expectations for price growth remained muted,
March 28, 2025Bank of Japan policymakers were at loggerheads this month over how soon they should raise interest rates again as some focused on domestic inflationary pressure and
March 27, 2025The Reserve Bank of Australia will keep its cash rate unchanged on Tuesday as it waits for concrete signs of easing inflation, according to a Reuters poll of
March 27, 2025The Reserve Bank of India will cut interest rates at a second straight meeting on April 9, with just one more cut expected in August, which
March 27, 2025President Donald Trump's permanent 25% tariff on imported autos has expanded the global trade war, feeding expectations for higher prices for cars and other products, but
March 27, 2025Bank of America saw an 80% jump in mortgage applications between January and March as buyers were tempted by increasing home inventory and lower long-term bond
March 27, 2025The Brazilian central bank's economic policy director Diogo Guillen said on Thursday that when inflation expectations are unanchored, as they are now, interest
March 27, 2025