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.
June 28, 2024
A look at the day ahead in Asian markets.
June 27, 2024
Thailand's central bank left its key interest rate unchanged for a fourth straight meeting on Wednesday, as widely expected, despite
June 27, 2024
China's consumer inflation held steady in May while producer price declines eased, but the underlying trend suggests Beijing would need to do more to
June 27, 2024
Most economists are expecting Singapore's monetary policy to remain unchanged at the July and October reviews, according to a survey by the central bank, as they
June 27, 2024
Inflation in the U.S. "appears to be narrowing" and that should allow the Federal Reserve to cut interest rates later this year, Atlanta Fed President
June 27, 2024
Fewer people applied for unemployment benefits last week but the total number of Americans collecting jobless benefits rose to the highest level in more than two years
June 27, 2024
The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the government said in a slight upgrade from its previous estimate
June 27, 2024
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
June 27, 2024
U.S. stocks ended Thursday around the unchanged mark as investors awaited fresh inflation data, with the Nasdaq able to eke out a
June 27, 2024
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
June 27, 2024
Average starting pay for British jobs rose in May at the fastest pace in four months despite a 20% annual fall in the number of jobs on offer, figures from hiring platform Indeed
June 27, 2024
A look at the day ahead in European and global markets from Tom Westbrook So much for a week watching football and cricket while counting down to Friday's blockbuster U.S. personal consumption price
June 27, 2024
A look at the day ahead in Asian markets.
June 26, 2024
The euro fell on Monday after gains by the far right in European Parliament elections on Sunday prompted French President Emmanuel Macron to
June 26, 2024
Updated economic projections from Federal Reserve officials this week are expected to show fewer interest rate cuts than policymakers anticipated three
June 26, 2024
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
June 26, 2024
Euro zone government bond yields rose on Wednesday as investors awaited inflation data from the United States and some members of the bloc due on Friday, and the first
June 26, 2024
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.
June 26, 2024
The European Central Bank could gradually reduce interest rates if inflation falls as expected, two ECB policymakers said on Wednesday.
June 26, 2024
Euro zone inflation may be bumpy but that was always expected and data continues to suggest that price growth will settle at the European Central Bank's 2% target, Finnish
June 26, 2024
Thailand's economy is expected to grow at its potential rate by late this year or early in 2025, while the policy interest rate is
June 26, 2024
German consumer sentiment is set to fall slightly in July, ending a four-month streak of rises, as households left uncertain by higher prices and an economy dawdling toward recovery
June 26, 2024
Australian consumer inflation accelerated to a six-month high in May, while a key measure of core prices rose for a fourth month, figures that caught
June 26, 2024
A look at the day ahead in European and global markets from Ankur Banerjee A pinch of caution ahead of a U.S. inflation reading, a bit of exuberance in tech stocks following a comeback from Nvidia and
June 26, 2024
American consumers lost some confidence in June as expectations over the near-term future fell again
June 25, 2024
It is too early to tell whether the European Central Bank has initiated a shift towards lower borrowing costs after it cut its benchmark interest rate this week, ECB policymaker Robert
June 25, 2024
The Bank of Japan is dropping signals its quantitative tightening (QT) plan in July could be bigger than markets think, and may even be accompanied by an interest rate
June 25, 2024
Upward pressure from wages means inflation is proving stubborn, Germany's central bank said on Friday, a day after the European
June 25, 2024
The U.S. economy created far more jobs than expected in May and annual wage growth reaccelerated, underscoring the resilience of the labor market and reducing the
June 25, 2024
Brazil's central bank chief, Roberto Campos Neto, expressed concern on Friday that financial markets were still expecting high inflation despite data showing moderation,
June 25, 2024
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
June 24, 2024
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
June 24, 2024
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
June 24, 2024
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.
June 24, 2024
A look at the day ahead in European and global markets from Wayne Cole.
June 24, 2024
For markets trying to assess how quickly interest rate moves are likely to come, it's all about the data.
June 21, 2024
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
June 21, 2024
Growth in India's services activity growth slowed to a five-month low in May as robust domestic demand weakened, according to a survey, which also showed exports
June 21, 2024
The U.S.
June 21, 2024
A quadrupling of the price of subsidised bread has made it harder than ever for Gamal Ahmad and millions of other Egyptians to get by.
June 21, 2024
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
June 21, 2024
Russia's unemployment rate dropped to a record-low 2.6% in April and real wages soared in March, data published by the federal statistics service
June 21, 2024
Thailand's Finance Minister Pichai Chunhavajira will discuss the inflation target with the central bank governor, Prime Minister Srettha Thavisin said on Friday, adding additional
June 21, 2024
The dollar's relentless strength in the recent past will make way for minor weakness over the next 12 months, according to FX strategists in a Reuters poll, who
June 20, 2024
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
June 20, 2024
Japan's government will warn of the pain a weak yen may inflict on households in this year's long-term economic policy roadmap, a draft seen by Reuters showed, as
June 20, 2024
A look at the day ahead in European and global markets from Kevin Buckland The once invincible dollar was still reeling on Tuesday after more macro evidence that the U.S. exceptionalism narrative may
June 20, 2024
The Bank of England has kept its main interest rate at a 16-year high of 5.25%, even though inflation has fallen to its target of 2%
June 20, 2024
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
June 19, 2024
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
June 19, 2024
Inflation in the U.K. has returned to the Bank of England’s target rate of 2% for the first time in nearly three years
June 19, 2024
Turkish annual consumer price inflation reached 75.45% in May, a bit above expectations, official data showed on Monday, in what is expected to
June 18, 2024
A look at the day ahead in Asian markets.
June 18, 2024
Japan's factory activity expanded for the first time in a year in May, a private-sector survey showed on Monday, but overall growth was modest and demand was still subdued while a
June 18, 2024
Pakistan's Planning Ministry said on Friday that the economic outlook for the next year was positive, with a growth target of 3.6%, while inflation was likely to moderate to 12%.
June 18, 2024
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
June 17, 2024
Core consumer inflation in Japan's capital accelerated in May on rising electricity bills but price growth excluding the effect of fuel eased,
June 17, 2024
U.S.
June 15, 2024
U.S. consumer sentiment fell in June for the third straight month as Americans took a dimmer view of their own finances and worried about persistent inflation
June 14, 2024
McDonald's top U.S. executive denounced viral reports of runaway Big Mac prices as painting an inaccurate picture of the company, which has seen its profits surge by
June 13, 2024
A look at the day ahead in Asian markets.
June 13, 2024
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
June 13, 2024
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
June 13, 2024
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
June 13, 2024
U.S. consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the labor market, but worries about
June 13, 2024
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.
June 13, 2024
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 12, 2024
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
June 12, 2024
The Federal Reserve is being characteristically cautious.
June 12, 2024
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.
June 12, 2024
Prices in British shops rose at the slowest pace in 2-1/2 years this month, according to the British Retail Consortium which said the rate of inflation in the sector was back to
June 12, 2024
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
June 12, 2024
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
June 12, 2024
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
June 12, 2024
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
June 12, 2024
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
June 12, 2024
European stocks closed slightly higher on Monday and government bond yields eased, amidst hints of upcoming interest rate cuts by the European Central
June 12, 2024
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
June 11, 2024
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
June 11, 2024
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.
June 11, 2024
Global equity funds secured robust inflows in the week ended May 22, driven by optimism over slowing inflation and expectations of U.S.
June 10, 2024
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
June 10, 2024
Japan's core inflation slowed for a second straight month in April, likely signalling that the Bank of Japan will be patient in raising
June 10, 2024
U.S. Treasury Secretary Janet Yellen expressed concern over substantial increases in living costs, the Financial Times said on Friday.
June 10, 2024
Japanese factory output likely grew for a second straight month in April while retail sales picked up, a Reuters poll showed on Friday, highlighting budding
June 10, 2024
The German economy grew by 0.2% in the first three months of 2024, the statistics office reported on Friday, confirming preliminary data.
June 10, 2024
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
June 09, 2024
Seriously overdue credit card debt is at the highest level in more than a decade, and people 35 and under are struggling more than other age groups to pay their bills
June 08, 2024
The dollar rose against the euro on Wednesday after minutes of the last Fed meeting showed officials acknowledging disappointment over recent inflation
June 07, 2024
Business activity in India expanded robustly in May, helped by the dominant services industry, according to a survey that also showed exports rising at a record
June 07, 2024
America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates
June 06, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan While the inflation and interest rate world continues to throw up unpleasant surprises, it's hard to imagine much of a shift in major
June 06, 2024
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
June 06, 2024
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
June 06, 2024
Argentina's economic activity index is expected to have shrunk 6.9% year-on-year in March, its deepest drop since 2020 and the fifth monthly contraction in a
June 05, 2024
The U.S. dollar edged up against the euro on Tuesday, as Federal Reserve policymakers said it is prudent for the U.S. central
June 05, 2024
Japanese business morale held steady in May, but manufacturers and service-sector firms complained that inflationary pressures driven by the weak yen were
June 05, 2024
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
June 05, 2024
Sri Lanka's consumer price inflation rose to 2.7% in April from 2.5% in March, official data showed on Tuesday.
June 05, 2024
The number of U.S. customers shopping for auto insurance in the first quarter was 6% higher than a year earlier, according to credit reporting agency TransUnion, underscoring efforts to
June 05, 2024
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
June 05, 2024
Oil prices eased less than 1% on Monday as U.S.
June 04, 2024
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
June 04, 2024
U.S. inflation data through the first months of 2024 has been "disappointing," Fed vice chair for supervision Michael Barr said on Monday,
June 04, 2024
A new set of supply availability indexes show that improvement in firms' access to inputs hit a wall over the past couple of months, the Federal Reserve Bank of New York said on Monday.
June 04, 2024
The dollar retreated against major currencies on Friday as market speculation continues to swirl about the timing of Federal Reserve
June 03, 2024
Global equity funds experienced strong demand for the third consecutive week, in the seven days to May 15, bolstered by a softer U.S. jobs report and lower-than-expected inflation figures,
June 03, 2024
The Federal Reserve Bank of New York is bolstering its data offerings tracking the state of supply chains.
June 03, 2024
Malaysia's economy grew faster than expected in the first quarter of 2024, helped by household spending and a turnaround in exports, though
June 02, 2024
Data this week offered the U.S.
June 01, 2024
The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that raised concerns the Federal
June 01, 2024
Brazil's Finance Ministry on Thursday hiked its projection for economic growth this year but also raised inflation estimates for 2024 and 2025, underlining price impacts from
June 01, 2024
Israelis resumed shopping and businesses invested in residential housing in the first three months of 2024, leading to a sharp economic rebound after growth was
May 31, 2024
A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year
May 31, 2024
South Korea's state-run think tank on Thursday raised its economic growth forecast for this year and said inflation is expected to ease at a slightly slower pace, as it noted the
May 31, 2024
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,
May 30, 2024
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
May 30, 2024
Nigeria's headline consumer inflation accelerated to a new 28-year high in April, hitting 33.69% year-on-year, up from 33.20% in March, statistics agency data
May 30, 2024
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
May 30, 2024
McDonald’s is fighting back against media reports it says have exaggerated its price increases
May 29, 2024
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
May 29, 2024
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
May 29, 2024
Investors’ newfound optimism on the U.S. economy faces an important test on Wednesday, with consumer price data set to show whether the soft landing hopes that
May 29, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Macro markets have basically frozen ahead of this week's big U.S. inflation releases, with sideshow entertainment provided by a fresh
May 29, 2024
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.
May 29, 2024
German inflation inched up in April to 2.4%, the federal statistics office said on Tuesday, confirming preliminary data.
May 28, 2024
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
May 28, 2024
With stubborn inflation and higher costs, layoffs at small businesses are sometimes a necessity
May 28, 2024
Corporate price gouging has not been a primary driver of U.S. inflation, according to research published on Monday by economists at the Federal Reserve Bank of San Francisco.
May 28, 2024
The S&P 500 closed very slightly lower on Monday as investors took a breather after three weekly gains while they awaited key inflation readings and
May 28, 2024
The Philippine central bank will keep its key policy rate unchanged on Thursday, according to a Reuters poll of economists who now expected the
May 28, 2024
India's retail inflation rate eased slightly in April, partly due to lower fuel prices, although food prices remained elevated, government data showed on
May 28, 2024
By Michael S.
May 28, 2024
A look at the day ahead in Asian markets.
May 27, 2024
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
May 27, 2024
Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a
May 26, 2024
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
May 26, 2024
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
May 25, 2024
Private-sector members of a key government panel on Friday urged the Bank of Japan to be vigilant to the risk of sharp declines in the yen
May 25, 2024
Global central banks that moved together to battle inflation are starting to scatter, with European rate setters turning dovish while the U.S.
May 24, 2024
Through a tumultuous period of high inflation, aggressive interest rate hikes, and global instability, the U.S.
May 23, 2024
The number of Americans applying for unemployment benefits fell last week as layoffs remained historically low levels
May 23, 2024
The Bank of Japan may take monetary policy action if yen falls affect prices significantly, governor Kazuo Ueda said on Wednesday, offering the
May 22, 2024
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
May 22, 2024
By Michael S.
May 22, 2024
Germany's economy will stagnate in 2024 despite a stronger than expected start to the year, and will continue to lag behind European peers, according to German
May 22, 2024
India does not see any nasty upside to inflation at the moment, and expects its economy to expand by more than 7% in the current fiscal year, V.
May 22, 2024
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
May 22, 2024
Argentina has a new largest banknote, the 10,000 peso, which is five times the size of the previous top bill but still only worth around $10 as the South American country grapples with the
May 22, 2024
By Natalia A.
May 22, 2024
Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills
May 22, 2024
Finishing the battle against inflation will likely require a hit to demand, after a year in which U.S. price pressures cooled largely through
May 21, 2024
A look at the day ahead in Asian markets.
May 21, 2024
Bank Negara Malaysia (BNM) will leave its key interest rate at 3.00% and keep it unchanged at least until 2026, despite a weakening currency and a
May 21, 2024
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
May 20, 2024
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,
May 20, 2024
Canada's services sector contracted at a slower pace in April as firms notched some unexpected sales and added workers, but increased wages led to inflation pressures
May 20, 2024
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
May 18, 2024
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
May 17, 2024
The number of Americans filing new claims for unemployment benefits held steady at a low level last week, pointing to a still fairly tight labor market that
May 17, 2024
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
May 17, 2024
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.
May 16, 2024
Public employees in Venezuela will receive $130 per month in bonuses, President Nicolas Maduro said on Wednesday, amid demands by workers for salary increases and
May 16, 2024
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
May 16, 2024
Federal Reserve Chairman Jerome Powell's reassuring message following the central bank’s monetary policy meeting may not calm frazzled U.S.
May 16, 2024
The U.S.
May 16, 2024
Indonesia's annual inflation rate cooled slightly in April as pressure from some food prices eased as the harvest season began, the
May 16, 2024
The global economy is growing faster than expected only a few months ago thanks to resilient U.S. activity while inflation is converging more quickly than expected
May 16, 2024
Global fast food giants may have to
May 16, 2024
The downturn in manufacturing activity across the euro zone deepened in April due to crumbling demand despite factories cutting prices, pushing firms to reduce
May 16, 2024
U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in productivity remained solid.
May 16, 2024
Yum Brands reported a fall in quarterly global same-store sales on Wednesday, hurt by choppy demand for its KFC and Pizza Hut brands from inflation-weary consumers in
May 16, 2024
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
May 16, 2024
Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels even as other signs that the labor market is cooling have surfaced
May 16, 2024
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
May 16, 2024
The euro zone economy rebounded in the first quarter from a mild recession as Germany returned to growth and expansion accelerated elsewhere, while inflation
May 15, 2024
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
May 15, 2024
Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome
May 15, 2024
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
May 15, 2024
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
May 15, 2024
Asian shares are higher after U.S. stocks rallied to records on hopes that inflation is heading back in the right direction
May 15, 2024
A look at the day ahead in European and global markets from Ankur Banerjee: A data heavy session, headlined by euro zone inflation figures for April, awaits Europe in an action-packed week that got
May 15, 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
May 14, 2024
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
May 14, 2024
German inflation rose slightly in April due to higher food prices and a smaller drop in energy prices than in previous months, preliminary data from the federal
May 14, 2024
Asian stocks have advanced after equities rose on Wall Street, with the Nasdaq composite hitting a record high
May 14, 2024
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
May 13, 2024
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
May 13, 2024
Inflation is set to ease more slowly than previously thought, Russia's central bank said on Friday as it held its key
May 13, 2024
Asian shares are mixed in muted trading after U.S. stock indexes were little changed
May 13, 2024
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
May 12, 2024
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
May 12, 2024
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
May 10, 2024
Unilever beat first-quarter sales forecasts on Thursday as the maker of Dove soaps and Hellmann's mayonnaise won back shoppers who had traded down to cheaper products during
May 10, 2024
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
May 10, 2024
U.S. stocks coasted to the close of another winning week with a quiet, mixed finish
May 10, 2024
Inflation in key African economies will slow into next year but remain stubbornly high in Nigeria due to sporadic flooding and difficult terrain for the naira
May 10, 2024
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
May 09, 2024
The yen dropped against the U.S. dollar on Wednesday to its weakest since mid-1990 above the key 155 area, with markets alert to any signs of
May 09, 2024
Stress scenarios from Russia's economy ministry envisage GDP and real income growth almost grinding to a halt next year and the rouble diving from around 93 per
May 09, 2024
Germany slightly raised its forecast for economic growth this year on Wednesday and eased its inflation outlook, but its economy and finance ministers said structural changes were
May 09, 2024
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
May 08, 2024
Prices in Argentina have surged so dramatically in recent months that the government has multiplied the size of its biggest bank note by five — to 10,000 pesos, worth about $10
May 08, 2024
Standard Chartered has cut its forecast for Vietnam's economic growth this year to 6.0% from 6.7%, the bank said on Wednesday, citing lower-than-expected growth in the first quarter
May 08, 2024
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
May 08, 2024
Egypt's economy will grow slower than previously expected this year after it signed an $8 billion financial support package with the IMF that came with conditions,
May 08, 2024
Greece's economy will grow by 2.1% this year under a baseline scenario, the country's influential think tank IOBE said on Tuesday, revising down its previous estimate of 2.4% made in
May 08, 2024
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.
May 08, 2024
UK grocery price inflation fell for the 14th month in a row in April, partly driven by an increase in supermarkets' promotional activity, industry data showed on
May 07, 2024
British businesses recorded their fastest growth in activity in nearly a year this month, according to preliminary purchasing managers' data that points to a
May 07, 2024
A key measure of Japan's trend inflation slowed to 1.3% in March, marking the smallest year-on-year increase in 11 months, data showed on Tuesday.
May 07, 2024
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
May 07, 2024
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
May 07, 2024
The yen weakened on Monday to its weakest levels against the dollar since June 1990, with markets alert to any signs of intervention from the Japanese authorities to prop up the yen.
May 07, 2024
Mexico's economy is set to grow steadily after June's presidential election, in line with a decent performance in the United States, while the fiscal front
May 07, 2024
Federal Reserve officials may not raise interest rates when they meet in two weeks but neither will they say their 19-month drive to hike borrowing costs is
May 07, 2024
When the Bank of England's chief economist was asked to explain why its forecasting models had failed to anticipate runaway inflation, he sought to manage
May 07, 2024
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
May 06, 2024
Hedge funds globally have turned the most bearish they've been on equities this year, a Goldman Sachs note said, as sticky inflation and renewed geopolitical
May 05, 2024
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
May 05, 2024
Concern about the rapidly rising U.S. government debt is partly behind recent surges in gold prices and bitcoin, even as the Treasury market so far remains relatively sanguine about the
May 04, 2024
U.S. equity funds suffered sharp outflows in the seven days to April 17 as investors anticipated prolonged restrictive interest rates amid stubborn inflation in a resilient U.S. economy.
May 04, 2024
The International Monetary Fund urged Asian central banks on Thursday to focus on domestic inflation and avoid tying their policy decisions too closely to
May 03, 2024
Finance chiefs from economies large and small are scrambling to keep pace with the Federal Reserve's rapid resetting of rate-
May 03, 2024
The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market
May 02, 2024
The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy
May 02, 2024
The number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and elevated inflation
May 02, 2024
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
May 01, 2024
Workers and activists around the world are marking May Day with largely peaceful rallies against rising prices and calling for greater rights
May 01, 2024
Pay and benefits for America’s workers grew more quickly in the first three months of this year, a trend that could contribute to higher inflation and raise concerns about the future path of price increases at the Federal Reserve
April 30, 2024
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
April 26, 2024
Asian shares are mostly higher despite worries about the economic outlook and inflation in the U.S. and globally
April 26, 2024
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
April 26, 2024
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
April 26, 2024
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
April 26, 2024
U.S. consumer sentiment ebbed in April while inflation expectations for the next 12 months and beyond increased, a survey showed on Friday.
April 26, 2024
A new form of sticker shock has hit American car buyers like Darin Davis.
April 26, 2024
By Michael S.
April 26, 2024
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
April 26, 2024
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
April 26, 2024
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
April 26, 2024
Inflation in the euro zone is different to that in the United States, much as ECB President Christine Lagarde insists, but the bloc will
April 26, 2024
The Federal Reserve Bank of New York said on Monday that underlying inflation pressures weakened in February.
April 26, 2024
A look at the day ahead in U.S. and global markets by Amanda Cooper. Today marks the start of a new week, a new month, a new quarter and a new set of data to get investors going.
April 26, 2024
Citadel's hedge fund billionaire Kenneth Griffin told investors he expects the medium-term economic landscape will remain challenging, but more favorable for
April 26, 2024
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
April 26, 2024
Federal Reserve Chair Jerome Powell says the central bank is not growing more tolerant of higher inflation even though the latest policymaker projections
April 26, 2024
By Michael S.
April 26, 2024
Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including
April 26, 2024
McCormick beat market expectations for first-quarter sales and profit on Tuesday, as consumer demand for its high-priced spices and seasonings held amid sticky inflation.
April 26, 2024
A look at the day ahead in European and global markets from Wayne Cole.
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
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
April 26, 2024
Record cocoa prices and markets whipped around by inflation and geopolitics helped hedge funds using systematic strategies outperform their peers in the first
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
International Monetary Fund Managing Director Kristalina Georgieva warned on Thursday that central banks face growing political pressure to cut interest rates
April 26, 2024
A U.S. stock market perched at record highs received an encouraging message from the Federal Reserve, after the central bank
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan However the Federal Reserve spins it later, there's some relief in other G7 economies at least that the disinflation process hasn't
April 26, 2024
U.S. stock index futures ticked lower on Wednesday as investors awaited the conclusion of the Federal Reserve's meeting where the central bank is expected to keep borrowing costs unchanged
April 26, 2024
Global interest rates are in flux.
April 26, 2024
The U.S.
April 26, 2024
U.S. import prices increased marginally in February as a surge in the cost of petroleum products was partially offset by modest gains elsewhere, which bodes well for the
April 26, 2024
U.S. consumer sentiment and inflation expectations were little changed in March, a survey showed on Friday.
April 26, 2024
The week ahead is rammed with rate setting meetings by heavyweight central banks from the U.S. Fed to the Bank of England, from Switzerland and Norway to Mexico.
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
The dollar was firm on Friday and set to snap a three-week losing streak as hotter-than-expected U.S. inflation data stoked worries about when and by how much
April 26, 2024
U.S.
April 26, 2024
Stronger than expected producer prices and weaker-than-expected consumer spending reported Thursday did little to budge financial market bets on a June start to Federal Reserve interest-
April 26, 2024
U.S. producer prices increased more than expected in February amid a surge in the cost of goods like gasoline and food, which could fan fears that inflation was picking up again
April 26, 2024
Futures tracking Wall Street's main stock indexes advanced on Thursday as investors awaited a raft of economic data, including the producer
April 26, 2024
U.S. small business sentiment fell in February to the lowest level since May due to continued concerns around inflation, according to a report published on Tuesday
April 26, 2024
U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting some stickiness in inflation that could delay an anticipated June
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Even as U.S. inflation missed forecasts again and Treasury debt yields reared up in reaction, AI-fueled Wall St stock indexes powered
April 26, 2024
By Michael S.
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
No one expects the Federal Reserve to change interest rates at next week's policy meeting, but whether officials hold to their previous rate-cutting outlook
April 26, 2024
The dollar held broadly steady on Tuesday ahead of key U.S. inflation data due later in the day, while the yen firmed near a one-month high on mounting expectations
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
The U.S. economy is not at the point where the Federal Reserve should reduce interest rates, Fed Governor Michelle Bowman said on Thursday, and while the
April 26, 2024
The Federal Reserve may finally have interest rate markets back in the palm of its hand - but it's surely casting a wary eye on effervescent stocks that seem oblivious
April 26, 2024
The dollar held steady on the yuan on Tuesday as markets digested a welter of policy statements out of China, while a rebound in Tokyo inflation seemed to take Japan a
April 26, 2024
U.S. manufacturers are struggling to regain momentum as the sector tries to pull out of the prolonged but shallow downturn, with any help from lower interest rates
April 26, 2024
U.S. manufacturing slumped further in February, with a measure of factory employment dropping to a seven-month low amid declining new orders.
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan A new month and new stock market records are giving way already - underpinned by some relief on inflation, stabilising business
April 26, 2024
Federal Reserve Governor Adriana Kugler on Friday signaled she sees the elusive "soft landing" of falling inflation amidst a healthy labor market within reach for the U.S. economy, noting
April 26, 2024
By Michael S.
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan February's extra 'leap year' day saw the yen jump to two-week highs on hawkish Bank of Japan noises and bitcoin surge again to within
April 26, 2024
U.S. stock index futures dipped on Thursday as investors refrained from making big bets ahead of key inflation data that could hold the key to the timing of interest rate cuts by the
April 26, 2024
An increase in U.S. inflation last month that was largely in line with expectations likely won't change the calculus for U.S. central bankers weighing when to deliver a first
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
The Federal Reserve will likely need to start cutting its benchmark overnight lending rate later this year, Boston Fed Bank President Susan Collins said on Wednesday.
April 26, 2024
The U.S. dollar held firm on Thursday in the lead up to U.S. inflation data that could ruffle the interest rate outlook, while the yen found its footing after
April 26, 2024
Jif peanut butter maker JM Smucker topped Wall Street estimates for third-quarter profit, as demand for its high-priced pet food and pantry staples held amid a backdrop of price rises in a
April 26, 2024
U.S. stock index futures were rangebound on Tuesday as investors awaited a crucial inflation report and other economic data that would shape expectations for interest rate cuts from the
April 26, 2024
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