U.S. consumer prices unexpectedly fell in June and the annual increase was the smallest in a year, reinforcing views that the disinflation trend was back on track and drawing the Federal
July 11, 2024
The "last mile" of the Federal Reserve's battle against inflation may have shortened to a last lap after U.S. consumer prices unexpectedly fell in
July 11, 2024
Portfolio managers at the world's largest global financial institutions expect credit conditions to worsen over the next three months, according to a survey by the
July 11, 2024
Conagra Brands forecast annual revenue and profit below analysts' estimates on Thursday, as cash-strapped consumers turned to cheaper pantry
July 11, 2024
The European Central Bank will cut its deposit rate twice more this year, in September and December, according to a strong majority of economists polled by
July 11, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan If Federal Reserve boss Jerome Powell had any inkling of the June U.S. inflation readout when speaking to Congress this week, then
July 11, 2024
A look at the day ahead in European and global markets from Tom Westbrook No doubt there are some sore heads around the City today after Ollie Watkins' stoppage-time strike sent England into Sunday's
July 11, 2024
A global index of stocks edged down and bond yields fell on Thursday after U.S. inflation data boosted bets on interest-rate cuts while the
July 11, 2024
The dollar dropped on Thursday after data showed headline consumer prices unexpectedly fell in June, while a sharp gain in the Japanese yen sparked speculation of a
July 11, 2024
South Korea's central bank said it was time to prepare for a pivot to interest rate cuts but more evidence is needed to strengthen confidence that
July 10, 2024
U.S. inflation should continue to fall without a significant further rise in the unemployment rate, Federal Reserve Governor Lisa Cook said on Wednesday.
July 10, 2024
Costco bargain hunters are going to have to pay an additional $5 to $10 annually as the popular warehouse chain prepares to raise its membership fees for the first time in seven years
July 10, 2024
A look at the day ahead in Asian markets.
July 10, 2024
Optimism is rising among economists, investors and Federal Reserve officials that U.S. inflation is nearly under control, with the latest report on consumer prices expected to show another month of mild increases
July 10, 2024
Argentina inflation is expected to have accelerated to over 5% in June, which would end a five-month streak of slowing price increases, according to a Reuters
July 10, 2024
Ukraine's consumer price inflation quickened to 4.8% year-on-year in June fuelled by an increase in consumer electricity prices, the statistics service said on Wednesday.
July 10, 2024
Gen Z adults in the U.S. face increasing financial challenges because of inflation and rising living costs, with 46% relying on financial assistance from their parents
July 10, 2024
A look at the day ahead in European and global markets from Rae Wee Central bankers across the globe are finally showing increasing confidence that markets may be entering an era of lower rates, after
July 10, 2024
New Zealand's central bank held the cash rate steady at 5.5% on Wednesday, but opened the door to monetary policy becoming less restrictive over time should
July 10, 2024
China's consumer prices grew for a fifth month in June but missed expectations, while producer price deflation persisted, with domestic demand mired on a
July 10, 2024
A look at the day ahead in Asian markets. Is a U.S. interest rate cut coming? If so, when?
July 09, 2024
Rent and housing costs are keeping U.S. inflation higher than preferred but consumer price pressures will continue to come down over time,
July 09, 2024
The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in testimony to Congress, a shift in emphasis away from the Fed’s single-minded fight against inflation that suggests it's moving closer to cutting interest rates
July 09, 2024
Rent inflation remains a pressure point for small businesses
July 09, 2024
India consumer price inflation probably edged up in June, snapping five months of declines, largely because of a jump in vegetable prices caused by the damage to
July 09, 2024
The U.S. is "no longer an overheated economy" with a job market that has cooled from its pandemic-era extremes and in many ways is back where
July 09, 2024
The number of medium-sized and large companies in Germany that went insolvent in the first half of this year was up 41% compared with the same period last year, the Handelsblatt
July 09, 2024
Thailand needs stronger economic growth as the current potential growth rate of about 3% is not high enough to help the economy expand sustainably in the long term, the central bank
July 09, 2024
MSCI's global equities index bumped around in a narrow range while edging lower on Tuesday while U.S. Treasury yields rose after U.S.
July 09, 2024
Australian business conditions worsened in June with the outlook for employment taking a notable hit, a survey showed on Tuesday, though firms were a little more confident as cost
July 09, 2024
Nigeria plans to suspend taxes on certain food imports including wheat and maize for 150-days, and recommend a retail price to try to bring under control rising
July 08, 2024
By Michael S.
July 08, 2024
Bank of England policymaker Jonathan Haskel said on Monday that he does not want to cut interest rates from their current 16-year high as
July 08, 2024
The S&P 500 and Nasdaq notched record-high closes on Monday as investors awaited fresh inflation data, commentary from Federal Reserve Chair Jerome
July 08, 2024
The Bank of Japan said wage hikes were broadening across the economy due to tight labour market conditions, signalling its confidence the country was making progress
July 08, 2024
Fewer British firms plan to raise their prices in the coming months, according to a survey that will give reassurance to the Bank of England as it considers the possibility of
July 07, 2024
Inflation is easing and the job market has returned to the "tight but not overheated" situation seen before the COVID-19 pandemic threw the U.S. economy into disarray,
July 05, 2024
What to expect from the June jobs report
July 05, 2024
A recalibration of how the U.S. presidential election plays out is causing bond investors to bet yields stay higher for longer as November approaches.
July 05, 2024
The Bank of Japan will highlight how wage hikes are broadening across companies, including at smaller firms, in a report later this month, sources familiar with its
July 05, 2024
The American job market likely cooled last month while still remaining fundamentally healthy, which would be welcome news for the Federal Reserve in its drive to fully tame inflation
July 04, 2024
The Bank of Israel will hold the line on short-term interest rates for a fourth straight meeting next week and perhaps until 2025 because of the war in Gaza,
July 04, 2024
What to look for in Friday’s jobs report
July 04, 2024
South Korea should try to address the country's high prices through structural reforms, a Bank of Korea official said, as the central bank mainly targets
July 04, 2024
Federal Reserve officials at their most recent meeting welcomed recent signs that inflation is slowing and highlighted data suggesting that the job market and the broader economy could be cooling
July 03, 2024
Here’s how much more you’ll spend on your Fourth of July BBQ this year
July 03, 2024
Some European Central Bank policymakers are urging a review of the aggressive monetary stimulus policies the ECB employed for nearly
July 03, 2024
The Bank of Japan debated in June the chance of a near-term interest rate hike with one policymaker calling for an increase "without too much delay" to address risks
July 03, 2024
By Michael S.
July 03, 2024
The Federal Reserve must "exhibit care" as it aims to finish the job of bringing inflation under control, San Francisco Fed President Mary Daly said on Monday, noting that
July 03, 2024
A look at the day ahead in Asian markets. The wave of profit-taking in U.S.
July 03, 2024
China's services activity expanded at the slowest pace in eight months and confidence hit a four-year low in June, dragged by slower growth in new orders, a private-sector survey
July 03, 2024
Federal Reserve officials throughout this year had pinned their hopes for falling inflation in part on an expected easing of U.S. housing price increases
July 02, 2024
The U.S. dollar fell against most currencies on Wednesday as investors perceived that Federal Reserve Chairman Jerome Powell's statements after its two
July 02, 2024
A big disconnect between financial markets and central banks has just got deeper, with traders ramping up their bets on interest rate cuts in
July 02, 2024
The Federal Reserve can begin reducing interest rates "sometime in the third quarter" of 2024 if inflation falls as expected, Atlanta Fed President Raphael
July 02, 2024
Drugmakers including Pfizer, Sanofi and Takeda Pharmaceutical plan to raise prices in the United States on more than 500 drugs in early
July 02, 2024
Federal Reserve officials project the U.S. central bank will cut its benchmark overnight interest rate during 2024, but the timing and pace of the reductions in borrowing costs will depend
July 02, 2024
U.S. consumer prices increased more than expected in December, with Americans paying more for shelter and healthcare, suggesting it was probably too early for
July 02, 2024
The Federal Reserve will conclude a two-day policy meeting on Wednesday, with officials parsing evidence of slowing inflation alongside continued labor
July 02, 2024
U.S. labor costs rose less than expected in the fourth quarter, leading to the smallest annual increase in two years, signs of moderating wage inflation that could give the
July 02, 2024
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months in a policy statement that tempered inflation concerns
July 02, 2024
U.S. worker productivity grew faster than expected in the fourth quarter, keeping unit labor costs contained and giving the Federal Reserve another boost in the fight against
July 02, 2024
Asian stocks inched higher and the dollar held steady on Tuesday ahead of a key U.S. inflation report that could help shape the Federal Reserve's rates outlook
July 02, 2024
U.S. consumer prices increased more than expected in January amid rises in the costs of shelter and healthcare, but the pick-up in inflation likely does not change expectations
July 02, 2024
The Federal Reserve's path back to its 2% inflation target rate would still be on track even if price increases run a bit hotter-than-expected over the next few months,
July 02, 2024
U.S. services industry growth slowed a bit in February amid a decline in employment, but a measure of new orders increased to a six-month high, pointing to underlying strength
July 02, 2024
The U.S.
July 02, 2024
Asian shares notched seven month highs on Wednesday, on the back of record peaks on Wall Street, as investors mostly shrugged off slightly hotter-than-expected
July 02, 2024
Atlanta Federal Reserve bank President Raphael Bostic said on Friday he now expects just a single quarter-point interest rate cut this year versus two cuts that he had projected
July 02, 2024
The dollar surged to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, coming in
July 02, 2024
Wall Street pared earlier gains on Tuesday after equity markets elsewhere rallied as investors parsed when and by how much the Federal Reserve cuts
July 02, 2024
Global equity markets mostly faltered on Wednesday as investors await fresh inflation data to better assess the likelihood of Federal
July 02, 2024
Argentina's central bank cut the benchmark interest rate on Tuesday after inflation slowed for the fourth straight month and the annual rate
July 02, 2024
The European Central Bank has room to cut interest rates as inflation slows but must take its time in easing policy, even if the direction of travel is already clear, key policymakers said
July 02, 2024
A global equities gauge fell on Wednesday while U.S.
July 02, 2024
Nigerian Josephine Akiga looks around her empty restaurant in Abuja, where a sole customer sits eating, longing for the days when the place
July 02, 2024
The dollar gained on Thursday despite a soft U.S. producer price inflation report for May, after the Federal Reserve adopted a hawkish tone at the conclusion of
July 02, 2024
Japanese service activity contracted for the first time in nearly two years in June as domestic demand cooled, a private sector survey showed on Wednesday, although business
July 02, 2024
The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% at its last meeting before July 4's UK election, but the
July 02, 2024
The number of working days lost to strikes in Germany doubled in 2023 compared with the previous year to more than 1.5 million, with a record 312 industrial disputes, a study showed on
July 02, 2024
U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates
July 02, 2024
The U.S. is back on a "disinflationary path," Federal Reserve Chair Jerome Powell said on Tuesday, but policymakers need more data
July 02, 2024
European Central Bank President Christine Lagarde welcomed a small fall in inflation last month as a step in the right direction,
July 02, 2024
European Central Bank policymaker Klaas Knot on Thursday backed market expectations for one or two more interest rate cuts this year as inflation appeared to be headed towards the
July 02, 2024
A look at the day ahead in European and global markets from Ankur Banerjee British inflation may have returned to its 2% target for the first time in nearly three years, setting the stage for the Bank
July 02, 2024
Inflation is on the way down in Europe
July 02, 2024
European stocks fell to two-week lows on Tuesday as the relief rally in French shares following the first round of parliamentary elections faded, while
July 02, 2024
U.S. stocks are drifting near their record levels
July 02, 2024
The European Central Bank's next interest rate cut is still a relatively easy decision, but subsequent moves should only come once inflation is clearly
July 02, 2024
Prices in British shops rose at the slowest pace in almost three years last month, according to industry figures that underscore how inflation has cooled even if Prime Minister
July 01, 2024
Sterling rose after UK data showed that underlying price pressures remained strong, meaning the Bank of England is likely to wait longer before cutting interest rates.
July 01, 2024
A look at the day ahead in European and global markets from Ankur Banerjee Investors will get another chance to see if the global disinflation story gains more traction with UK inflation data taking
July 01, 2024
Bank of Japan policymakers debated the impact a weak yen could have on prices, with some flagging the chance of raising interest rates sooner than expected if
July 01, 2024
U.S. manufacturing contracted for a third straight month in June as demand remained subdued, while a drop in a measure of prices paid by factories for inputs
July 01, 2024
Federal Reserve officials, heartened by recent data, are looking for further confirmation that inflation is cooling and for any warning signs from a still
July 01, 2024
A look at the day ahead in Asian markets.
July 01, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan An event-packed but shortened week stateside kicks off the second half of 2024, with European markets rallying on Monday as the first
July 01, 2024
Activity in India's manufacturing sector rebounded last month as output increased on robust demand, leading to the fastest rate of hiring in over 19 years,
July 01, 2024
UK grocery inflation fell for a sixteenth month in a row in June, industry data showed on Tuesday, providing a little cheer for Prime Minister Rishi Sunak ahead of
June 30, 2024
South Korea's central bank governor said on Tuesday the pace of consumer inflation is likely to continue to slow, feeding expectations the Bank of Korea will start cutting interest
June 29, 2024
A look at the day ahead in markets from Dhara Ranasinghe. It's back to the markets versus the U.S. Federal Reserve.
June 28, 2024
Taiwan's central bank said on Thursday it saw inflation gradually coming down for the rest of the year but the overall tone of monetary policy
June 28, 2024
Transactions paid with foreign credit cards are helping circulate more foreign currency in Venezuela, where the government has locked in an exchange rate as part of
June 28, 2024
A look at the day ahead in Asian markets.
June 28, 2024
Japan's nationwide core consumer inflation likely accelerated to 2.6% year-on-year in May from 2.2% in the previous month, a Reuters poll of 18 economists showed
June 28, 2024
India's wholesale prices rose 2.61% in May, the most in more than a year, mainly driven by food items, government data showed on Friday.
June 28, 2024
The European Central Bank can continue to lower interest rates broadly how the market expects if inflation keeps easing as envisaged, ECB policymaker
June 28, 2024
Foreign banks bought Indian government bonds worth 80.38 billion rupees ($962.2 million) on Thursday, the biggest single-session purchase since Feb. 1, data from
June 28, 2024
Stabilising prices are creating an environment to cut rates in South Korea, a senior presidential official said on Sunday.
June 28, 2024
The European Central Bank is confident that inflation will fall back to its 2% target next year despite some "noisy" inflation along the way, the ECB's chief economist Philip Lane
June 28, 2024
The Swiss National Bank (SNB) will cut its key policy rate by 25 basis points on June 20 for a second straight meeting, according to two-thirds of economists polled by Reuters, a
June 28, 2024
A look at the day ahead in European and global markets from Kevin Buckland The verdict from investors appears to be that benign U.S. inflation trumps the Fed's rate outlook, clearing the way for gains
June 28, 2024
U.S. prices were unchanged in May while consumer spending rose moderately, a trend that could draw the Federal Reserve closer to start cutting interest rates this year.
June 28, 2024
Market bets rose on Friday that the Federal Reserve will cut interest rates by September and do so again in December after a government report showed a key measure of U.S. inflation
June 28, 2024
A measure of prices that's closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease
June 28, 2024
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing
June 28, 2024
The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December, with officials projecting only a single quarter-percentage-
June 28, 2024
Signs of falling U.S. inflation on Wednesday and growing hopes for interest rate cuts from the Federal Reserve could be a positive signal
June 28, 2024
The dollar dropped on Wednesday after data showed that consumer prices in May rose less than economists expected, but pared losses after updated interest rate
June 28, 2024
Federal Reserve policymakers have reason to feel more confident that inflation is cooling after a U.S. government report on Wednesday showed consumer prices did not rise at
June 28, 2024
The Bank of England will start cutting interest rates in August, according to all but two of 65 economists polled by Reuters, and most of them expect at
June 28, 2024
European shares advanced on Wednesday, with rate-sensitive sectors like real-estate jumping after a cool U.S. inflation reading propped up hopes that
June 28, 2024
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
Visa to lay off around 1,400 employees and contractors, WSJ reports
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