Bank of Canada Governor Tiff Macklem has opened the door to stepping up the pace of interest rate cuts, the Financial Times reported on Sunday.
September 15, 2024
Americans’ outlook on the economy improved for the second straight month in September, bolstered by lower prices for long-lasting goods such as cars and furniture
September 13, 2024
U.S. consumer sentiment rose to a four-month high in September amid expectations that inflation will continue moderating over the next year and household
September 13, 2024
Gold market bulls are locking in bullion prices surging to fresh records, with a milestone of $3,000 per ounce coming into focus, fired up by
September 13, 2024
The most well-known recession indicator stopped flashing red, but now another one is going off
September 13, 2024
The European Central Bank's two biggest shareholders expressed confidence on Friday about the prospect for lower inflation and interest rates in the euro zone.
September 13, 2024
Don't go anywhere: an event-packed week is coming up with central banks from the United States to Brazil and from Europe to Japan meeting.
September 13, 2024
The U.S. dollar fell on Friday to its
September 13, 2024
The European Central Bank lowered its 2024 economic growth projection on Thursday but still sees inflation broadly in line with its 2% target by the end of 2025.
September 12, 2024
The European Central Bank cut its interest rates on Thursday, saying lower inflation and economic growth were allowing it to take its foot off the brake slightly.
September 12, 2024
Indian investors should prioritize receiving bets on overnight indexed swaps over taking fresh long positions in bonds as potential gains from OIS are expected
September 12, 2024
A look at the day ahead in U.S. and global markets by Amanda Cooper. The first cut might be the deepest in some cases, but in the case of the Federal Reserve, it would seem not.
September 12, 2024
European shares jumped on Thursday after the European Central Bank (ECB) cut interest rates again as inflation hovers within striking distance of its 2%
September 12, 2024
U.S. stocks rose closer to their all-time highs following a couple reports on the economy that came in close to expectations
September 12, 2024
A board member of South Korea's central bank said economic growth and financial stability are key factors for the monetary policy board to consider as it determines the timing and
September 12, 2024
Wall Street eked out gains and gold surged to a record high on Thursday as investors awaited a Federal Reserve interest rate cut next week.
September 12, 2024
Pay awards granted by British employers fell during the three months to July, according to a survey that chimed with an official gauge of cooling wage growth that
September 11, 2024
With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower borrowing costs for companies and home buyers
September 11, 2024
U.S. consumer prices rose marginally in August, but underlying inflation showed some stickiness, which could discourage the Federal Reserve from delivering a half-point interest rate cut
September 11, 2024
U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction, as they seek to reduce the odds of a recession
September 11, 2024
U.S. consumer prices rose slightly in August, but underlying inflation showed some stickiness amid higher costs for housing and other services, further dashing
September 11, 2024
U.S. bank stocks fell on Wednesday, extending declines after top executives warned of a slower-than-anticipated recovery in investment banking and an expected hit to
September 11, 2024
The UK's benchmark FTSE 100 stock index ended lower on Wednesday, led by a decline in Rentokil shares after the pest control company warned on North
September 11, 2024
If steep interest rate hikes failed to slow the U.S. economy much in recent years, it is reasonable to ask whether their reversal will prove as toothless in a downturn.
September 11, 2024
U.S. stock indexes stormed back from big early drops to finish higher, led by a handful of influential Big Tech companies
September 11, 2024
The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the final weeks of the presidential race
September 10, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Markets have recovered their poise this week on a potent mix of U.S. 'soft landing' hopes and interest rate cut speculation and now
September 10, 2024
German inflation fell to its lowest level in more than three years in August, a second estimate confirmed on Tuesday, making it easier for the European Central
September 10, 2024
Australian consumer sentiment stayed downbeat in September as concerns over the economy and jobs bubbled to the surface even as worries over higher interest rates eased, a survey
September 09, 2024
The Dow gets a big boost
September 09, 2024
By Michael S.
September 09, 2024
After grappling with the strongest U.S. price pressures in four decades, it's hard for investors to adjust to the notion that inflation could soon
September 09, 2024
Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection as it contends with a pullback in consumer spending and soft sales
September 09, 2024
Japan's economy grew at a slightly slower pace than initially reported in the second quarter, hurt by downward revisions in corporate and household spending that
September 08, 2024
Britain's labour market cooled noticeably last month as job placements fell sharply and pay growth slowed, according to a survey of recruiters on Monday that could bolster the case for
September 08, 2024
Uncertainty over the U.S. economy's health is rippling through markets, adding fuel to an already-volatile period that has investors grappling
September 06, 2024
Mexico's headline inflation rate likely eased in August after accelerating for the previous five months, a Reuters poll of analysts showed on Friday, boosting expectations that
September 06, 2024
Traders priced in a quarter-point Federal Reserve interest-rate cut this month, with a bigger move expected at its next meeting, after Fed Governor Christopher Waller said recent labor
September 06, 2024
Canada's unemployment rate edged up to 6.6% in August, scaling past a seven-year peak excluding the pandemic years of 2020 and 2021, data showed on Friday,
September 06, 2024
U.S. stocks fell on Friday, weighed down by a jobs report that showed a continued labor market slowdown but left traders uncertain about how far the Federal
September 06, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Friday looks set to play out like a concentrated version of what markets have been navigating all year - what's the fine
September 06, 2024
MSCI's global equities gauge fell more than 1% on Friday and U.S.
September 06, 2024
Looming interest rate cuts may not immediately spur a rush out of cash-like instruments, as yields on some shorter-dated government bonds could take months to
September 05, 2024
U.S. worker productivity grew faster than initially thought in the second quarter, reining in labor costs, suggesting that inflation pressures could continue to subside.
September 05, 2024
U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested the labor market was not falling off the cliff to
September 05, 2024
The number of Americans filing for unemployment benefits fell to its lowest level in two months last week, signaling that layoffs remain relatively low despite other signs of labor market cooling
September 05, 2024
The Canadian dollar is set to give back some of its recent gains over coming months but could make another move higher in 2025 if central bank easing cycles revive
September 05, 2024
The Bank of England allotted a record 40.29 billion pounds ($53.02 billion) in seven-day funds in its weekly short-term repo on Thursday, up from 36.584 billion pounds last week.
September 05, 2024
Growth in Britain's construction industry slowed in August despite the biggest pickup in homebuilding in nearly two years, according to a survey on Thursday that added to signs of
September 05, 2024
Analysts have raised bullish bets on most Asian currencies after mixed data heightened concerns about economic growth in the world's largest economy, increasing the odds of
September 05, 2024
A look at the day ahead in European and global markets from Ankur Banerjee Markets hit the pause button after a selloff in equities since the start of the week but sentiment remained fragile, as
September 05, 2024
MSCI's global equities index edged down on Thursday as investors digested mixed economic data while they anxiously waited for Friday's crucial
September 05, 2024
The U.S. dollar eased against most major currencies on Thursday in choppy trading as investors braced for Friday's U.S. payrolls report,
September 04, 2024
America has the fewest jobs available since January 2021
September 04, 2024
Federal Reserve policymakers are increasingly attentive to the U.S. labor market as they prepare for a policy-setting meeting later this month, when their assessment of job-
September 04, 2024
U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but probably not enough for the Federal Reserve to consider a big interest
September 04, 2024
The European Central Bank can continue to cut interest rates given the slowdown in inflation, and there is a risk the bank could keep policy too tight, ECB board member Piero
September 04, 2024
U.S. housing inflation is likely to ease in the coming year as the gap between supply and demand for homes narrows, according to research published on Tuesday by the Federal Reserve Bank
September 03, 2024
Russia's annual inflation may have peaked in July, the central bank said on Tuesday, but medium-term inflationary risks remain high and it is too early to speak about a steady
September 03, 2024
As recently as two and a half months ago, most U.S. central bankers didn't see an interest rate cut in the cards at their Sept. 17-18 meeting.
September 03, 2024
South Korea's consumer inflation slowed in August to the weakest in nearly 3-1/2 years, official data showed on Tuesday, supporting market expectations for an easing of
September 02, 2024
Russia's central bank is expected to raise its benchmark interest rate by 100 basis points to 19% at its Sept. 13 meeting to combat inflation and cool the overheated economy, a Reuters
September 02, 2024
The dollar fell more than 2% against other major currencies in August, marking its biggest monthly drop this year and providing some relief to
September 02, 2024
As investors turn to the Swiss franc as an alternative to Japan's yen to fund carry trades, the risk of the currency staging one of its rapid rallies remains ever
September 02, 2024
Indonesia's annual inflation rate was 2.12% in August, essentially unchanged from 2.13% in July, official data showed on Monday, holding
September 02, 2024
Australian job advertisements fell for a seventh straight month in August, data showed on Monday, as demand for labour continued to ease in the face of high interest rates and a
September 02, 2024
The dollar edged down on Monday but remained within striking distance of its highest level in almost two weeks as investors' focus moved to a U.S. jobs report due at the
September 01, 2024
Japan's factory activity contracted at a slower pace in August thanks to a recovery in output and new orders, a private-sector survey showed on Monday, offering some hope for an
September 01, 2024
Share markets fell slightly on Monday as investors braced for a data-packed week culminating in a U.S. jobs report that could decide whether
September 01, 2024
The European Central Bank would be "wise" to deliver another interest rate cut in September, French policymaker Francois Villeroy de Galhau said, warning there was a risk of
August 30, 2024
U.S. bond funds racked up solid inflows in the week to Aug. 28 thanks to a robust purchase in government bond funds, driven by bets of a Federal Reserve interest rate cut in September and
August 30, 2024
Latest inflation data gives a ‘bright green light’ for a rate cut
August 30, 2024
U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing against a half-
August 30, 2024
An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time in 4 1/2 years
August 30, 2024
Canada's economy grew faster than expected in the second quarter, data showed on Friday, but analysts said the central bank was still on track to cut rates for a
August 30, 2024
U.S. home prices will rise relatively modestly this year and next despite tight supply and expected U.S.
August 30, 2024
European shares rose to an all-time high on Friday, closing a turbulent month on a bright note after a significant drop in euro zone inflation
August 30, 2024
British house prices unexpectedly fell in August for their first monthly drop since April but the outlook for the property market is likely to strengthen,
August 30, 2024
Thailand's central bank chief and finance minister will meet in early September to open negotiations on an inflation target for 2025, a senior official
August 29, 2024
The People's Bank of China (PBOC) aims to create a more market-driven interest rate curve and move away from quantitative policy tools to help wean the economy off state-directed
August 29, 2024
Consumer confidence in New Zealand improved in August and while historically still weak it is well off its lows, a survey showed on Friday.
August 29, 2024
The average rate on a 30-year mortgage eased for the second week in a row and remains at its lowest level in more than a year
August 29, 2024
German inflation fell more than expected in August, declining to its lowest level in more than three years and making it easier for the European Central Bank to
August 29, 2024
Sterling has hit roughly 2-1/2 years highs against the dollar and is flying high versus the euro, in moves analysts warn are underpinned by speculative interest rate
August 29, 2024
Another key interest rate hike in September is not a certainty, as economic growth and lending are slowing down, a senior central bank official said on Thursday in
August 29, 2024
Turkey's economic growth is expected to have fallen to 3.2% in the second quarter of this year as tighter economic policies weighed, a Reuters poll showed on Thursday, with the
August 29, 2024
The Bank of Mexico cut its forecast for economic growth this year and next, according to the central bank's quarterly report on Wednesday, citing weaker foreign
August 28, 2024
Brazil's central bank has provided no guidance for its upcoming policy meeting because of its need for flexibility at this time as it tries to bring inflation back
August 28, 2024
The interest rate for the most popular U.S. home loan slid to its lowest in 16 months, after Federal Reserve Chair Jerome Powell signaled the central bank was ready to lower borrowing
August 28, 2024
Thailand's monetary policy committee makes decisions based on the economic outlook when reviewing rates and so would adjust them if the
August 28, 2024
Gold prices dropped on Wednesday, hurt by a stronger U.S. dollar as investors focused on key inflation data from the world's largest economy for clues on the
August 28, 2024
Bank of Japan Deputy Governor Ryozo Himino on Wednesday reiterated the central bank's stance that it would continue to raise interest rates
August 28, 2024
Housing affordability in America is finally improving. Not so much in these cities
August 27, 2024
U.S. consumer confidence rose to a six-month high in August amid optimism over the economic outlook, but Americans are becoming more anxious about the labor
August 27, 2024
British shop prices fell in annual terms this month for the first time since October 2021, pushed down by summer sales of clothes and household goods, a survey showed on Tuesday.
August 26, 2024
New orders for key U.S.-manufactured capital goods unexpectedly fell in July and data for the prior month was revised lower, suggesting a loss of momentum in
August 26, 2024
Mortgage rates are falling. Here’s what you should know before buying a new home
August 26, 2024
World equity markets edged lower on Monday as investors digested the likelihood of U.S. interest rates being lowered soon, even as oil
August 25, 2024
For academics and policymakers gathered at the U.S.
August 25, 2024
Finally, America’s housing market is starting to loosen up. But it’ll be a bumpy road back
August 25, 2024
Turkish banks will pay the price throughout next year as challenges linger from the country's economic turnaround, the chief executive of lender Isbank said in an
August 25, 2024
The European Central Bank is making "good progress" in cutting inflation back to its 2% target but success is not yet assured, so restrictive monetary policy is still
August 24, 2024
Powell just suggested interest rate cuts are coming. What everyone wants to know now
August 23, 2024
‘The time has come’: The Fed just sent a crucial message about its next move
August 23, 2024
The Federal Reserve is poised to cut its benchmark interest rate next month from its 23-year high, with consequences for consumers when it comes to debt, savings, auto loans and mortgages
August 23, 2024
Federal Reserve Chair Jerome Powell said on Friday "the time has come" for the U.S. central bank to cut interest rates as rising risks to the job market left no room for further weakness
August 23, 2024
Canada's main stock index rose to a record high on Friday, with energy and financials contributing to broad-based gains as Federal Reserve Chair Jerome Powell endorsed the
August 23, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Jerome Powell takes centre stage at the Federal Reserve's Jackson Hole jamboree on Friday but the Fed chair would have to sound super
August 23, 2024
The dollar has been floored by an aggressive repricing of the U.S. interest rate outlook, but it's likely too soon to count the greenback out.
August 23, 2024
U.S. stocks rallied closer to their records after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy
August 23, 2024
The European Central Bank has room to cut interest rates possibly two more times this year as inflation remains broadly on the declining path policymakers envisaged,
August 23, 2024
Bank of Japan Governor Kazuo Ueda on Friday reaffirmed his resolve to raise interest rates if inflation stayed on course to sustainably hit the 2%
August 22, 2024
Japan's core inflation accelerated for a third straight month in July, data showed on Friday, but a slowdown in demand-driven price growth
August 22, 2024
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday
August 22, 2024
The average rate on the popular U.S. 30-year fixed-rate mortgage ticked down this week to the lowest level since May 2023, but may need to fall further for the
August 22, 2024
The dollar has been floored by an aggressive repricing of the U.S. interest rate outlook, but it's likely too soon to count the greenback out.
August 22, 2024
A look at the day ahead in U.S. and global markets by Dhara Ranasinghe. If the pressure on global markets from the tumult at the start of the month has abated, nobody told the dollar.
August 22, 2024
A look at the day ahead in European and global markets from Tom Westbrook With the vast majority of Fed policymakers ready to go on interest rate cuts, a global easing cycle beckons.
August 22, 2024
U.S. stocks closed lower as Wall Street counted down to its main event for the week, a speech by Federal Reserve Chair Jerome Powell coming up on Friday
August 22, 2024
The Indian rupee was marginally weaker on Thursday amid a pause in the rally in Asian peers, while forward premiums rose after Federal Reserve minutes and downward
August 22, 2024
The Bank of England will cut interest rates just once more this year, in November, a majority of economists said in a Reuters poll, as British inflation is
August 21, 2024
Global stocks will brush aside recent market turmoil and gain modestly from current levels in coming months, according to a Reuters poll of
August 21, 2024
The euro is trading at its highest this year against the dollar, emerging as a clear winner from the recent ructions in global currency markets that have
August 21, 2024
U.S. stocks ticked higher after more big companies delivered profit reports that topped analysts’ expectations
August 21, 2024
Pay awards granted by British employers fell during the three months to July, according to a survey on Wednesday that chimed with Bank of England forecasts for slowing wage growth.
August 20, 2024
Federal Reserve Governor Michelle Bowman on Tuesday said she remains cautious about any shift in the U.S. central bank's policy because of what she sees as continued upside risks for
August 20, 2024
Canada's annual inflation rate cooled to a 40-month low of 2.5% in July, matching forecasts, and core inflation measures eased as well, data showed on Tuesday, keeping the Bank of
August 20, 2024
Japan's dwindling working-age population is leading to structural changes in the labour market that are heightening pressure on firms to hike wages and services
August 20, 2024
A look at the day ahead in European and global markets from Rae Wee There's a lot hinging on Federal Reserve Chair Jerome Powell's speech at the end of this week but, until then, stocks look set for a
August 20, 2024
U.S. stocks ticked lower and snapped an eight-day winning streak, the longest of the year
August 20, 2024
Gold prices extended their record run on Tuesday, holding firm above the key $2,500 level, driven by a weaker dollar and growing investor confidence that the
August 20, 2024
Australia's central bank judged a near-term rate cut was unlikely and policy might need to stay restrictive for an "extended period" to ensure inflation can be tamed, after debating
August 20, 2024
China left benchmark lending rates unchanged at a monthly fixing on Tuesday, in line with market expectations.
August 20, 2024
Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months to 20% from 25% following the latest weekly jobless claims and retail sales reports.
August 19, 2024
U.S. stocks climbed, and Wall Street pulled closer to its record heights following its roller coaster of a summer
August 19, 2024
The Bank of Thailand (BOT) will keep interest rates unchanged on Wednesday and through Q1 2025 to balance growth with inflation control while assessing the
August 19, 2024
The dollar fell against the yen on Friday, and was softer against other peers as traders took profits and investors sifted through economic data to gauge the
August 15, 2024
U.S. corporate bond spreads, the premium over Treasuries that companies pay for debt, are starting to recoup some lost ground after recent strong economic data increased
August 15, 2024
Pivotal new stats suggest a turnaround for homebuyers might be here at last, analysts say.
August 15, 2024
Sales at US retailers unexpectedly surged in July, the Commerce Department reports, rising by 1% from the prior month, up from June’s downwardly revised 0.2% decline.
August 15, 2024
U.S. import prices barely rose in July, extending the flow of tame inflation readings that have bolstered financial market expectations for an interest rate cut next month.
August 15, 2024
A look at the day ahead in European and global markets from Kevin Buckland This week, and this month, are once again showing that data is king, with investors parsing recent economic releases for
August 15, 2024
Wall Street rallied close to its record heights after data showed the U.S. economy is holding up better than expected
August 15, 2024
Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September
August 13, 2024
U.S. producer prices increased less than expected in July as the cost of services fell by the most in nearly 1-1/2 years amid signs of diminishing pricing
August 13, 2024
Home Depot issues a warning about the economy
August 13, 2024
Stocks jumped and bond yields fell on Tuesday after data showed U.S. producer prices increased less than expected in July, reinforcing
August 13, 2024
Mortgage rates plunge to lowest level in more than a year
August 08, 2024
Mexico's headline inflation rate rose again in July, reaching a level not seen in over a year, while the core index showed signs of moderation, according to data
August 08, 2024
The yen dropped on Wednesday after an influential Bank of Japan official played down the chances of a near-term rate hike, soothing investors' concerns that a
August 07, 2024
The Bank of Mexico will likely hold its benchmark interest rate at 11% later this week, according to a majority of analysts in a Reuters poll on Tuesday, as inflation and the
August 06, 2024
Mexico's headline inflation rate likely accelerated again in July to reach its highest level in more than a year, while the core index is forecast to continue to moderate, a
August 06, 2024
Some corporate bond issuers are expected to delay sales this week, after market volatility caused investors to trim corporate bond holdings in favor of
August 06, 2024
The U.S. dollar will claw back some of its recent losses over the coming three months on expectations financial markets have again gone too far in pricing in
August 06, 2024
An unexpectedly weak U.S. employment report, featuring a post-pandemic high in the jobless rate, has rekindled worries a recession may be in the offing that
August 06, 2024
Stocks rose on Wall Street as calm returned to the market a day after its worst drop in nearly two years
August 06, 2024
San Francisco Federal Reserve Bank President Mary Daly on Monday said she is "more confident" U.S. inflation is headed toward the Fed's 2% goal.
August 05, 2024
A recent U.S.
August 05, 2024
Spreads on U.S. interest rate swaps over Treasuries tightened or turned more negative on Monday as long-term investors hedged their exposure in the
August 05, 2024
South African banks report their half-year earnings from Tuesday, with the focus on whether credit impairments have peaked and on the interest rate outlook,
August 05, 2024
U.S. central bank policymakers pushed back on Monday against the notion that weaker-than-expected July jobs data means the economy is in recessionary
August 05, 2024
The turmoil shaking global financial markets reflects a sudden fear that the Federal Reserve may have held its key interest rate too high for too long, heightening the risk of a U.S. recession
August 02, 2024
Businesses added just 114,000 jobs in July, according to Bureau of Labor Statistics data released, and the unemployment rate unexpectedly leapt to 4.3%, which is the highest since October 2021. CNN's Paula Newton reports that’s a significantly lower total than the 175,000 that economists were expecting.
August 02, 2024
Traders bet on Friday that the Federal Reserve will start easing policy in September with a big half-percentage-point interest rate cut, after government data showed employers added far
August 02, 2024
U.S. central bankers may be having second thoughts about their decision earlier this week to hold borrowing costs steady, after a government report on Friday showed the job
August 02, 2024
The Bank of England's first interest rate cut in more than four years will help to foster a cautious sense of optimism about Britain's long-struggling economy,
August 02, 2024
The U.S. unemployment rate jumped to near a three-year high of 4.3% in July amid a significant slowdown in hiring, heightening fears the labor market was
August 02, 2024
The U.S. dollar dropped to a four-month low on Friday after a weaker-than-expected employment report for July raised expectations that the Federal Reserve will
August 01, 2024
South Korea's consumer inflation ticked up in July on supply-side pressures after weakening for three straight months, official data showed on Friday, coming in slightly higher than
August 01, 2024
A look at the day ahead in Asian markets.
August 01, 2024
The average rate on the popular U.S. 30-year mortgage rate fell to 6.73% this week, its lowest level since February as the bond market reacted to signs of
August 01, 2024
Big investors are growing more confident about a comeback for neglected UK assets, with the Bank of England's move to cut interest rates from a 16-
August 01, 2024
Makers of ATVs, boats and other recreational vehicles are staring at a bleak summer as caution around big-ticket purchases amid high interest rates has dashed hopes of a
August 01, 2024
The average rate on a 30-year mortgage fell this week to its lowest level since early February, easing borrowing costs for prospective homebuyers facing record-high home prices
August 01, 2024
A measure of U.S. manufacturing activity dropped to an eight-month low in July amid a slump in new orders, but that likely exaggerates the industry's struggles as production at
August 01, 2024
The global rate cut cycle is picking up steam, with half of developed markets' central banks having begun easing, and the U.S.
August 01, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve left Wall Street with little doubt about a first U.S. interest rate cut in seven weeks' time, but multiple cross-
August 01, 2024
The Bank of Japan said on Thursday there was a chance wage and price growth could overshoot expectations as labour markets tighten.
August 01, 2024
A look at the day ahead in European and global markets from Stella Qiu All eyes are on the Bank of England today, now that the Bank of Japan delivered its second interest rate hike in 17
August 01, 2024
The dollar gained on Thursday as rising geopolitical tensions drove a safe-haven boost, while the British pound fell after the Bank of England cut interest rates
August 01, 2024
What to do — and what not to do — now that the Fed is signaling lower rates
July 31, 2024
Key takeaways from the latest Fed meeting
July 31, 2024
Federal Reserve Chair Jerome Powell has set the stage for the central bank’s first rate cut in four years
July 30, 2024
The Bank of Japan raised interest rates to levels unseen in 15 years and unveiled a detailed plan to slow its massive bond buying, taking another
July 30, 2024
U.S. consumer confidence unexpectedly rose in July, but remained in the tight range of the past two years amid lingering worries about inflation and higher borrowing costs.
July 30, 2024
U.S. job openings fell modestly in June and data for the prior month was revised higher, suggesting the labor market continued to gradually slow and was not in
July 30, 2024
American consumers felt more confident in July as expectations over the near-term future rebounded
July 30, 2024
A look at the day ahead in European and global markets from Tom Westbrook Oil prices slipped as worries about the demand outlook weighed broadly on commodities, while Asian equities and European stock
July 30, 2024
A perfect storm of political, policy and technical risks has upended one of the year's most popular currency trades, sending
July 29, 2024
Optimism about global growth prospects this year and next is building among hundreds of economists polled by Reuters, with risks still tilted toward higher
July 29, 2024
The Federal Reserve is expected to hold interest rates steady at a two-day policy meeting this week but open the door to interest rate cuts as soon as
July 29, 2024
Inflation is nearing the Federal Reserve's 2% target, and the central bank is expected to begin cutting interest rates as soon as September.
July 29, 2024
European shares ended a touch lower on Monday as investors remained risk averse at the start of an earnings-packed week, while global risk events such
July 29, 2024
Smart moves to make when the Fed starts cutting rates
July 27, 2024
Two years after launching an aggressive fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century high, the Federal Reserve is expected to signal this week that it will likely reduce borrowing costs as soon as September
July 26, 2024
The European Central Bank still faces a tough "last mile" in its fight against high inflation, as evidenced by stubbornly high growth in the prices of services, ECB board member
July 26, 2024
The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates in September
July 26, 2024
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services, underscoring an improving inflation
July 26, 2024
Euro zone consumers stopped reducing their inflation expectations in June after four consecutive monthly falls, a European Central Bank survey showed on Friday.
July 26, 2024
Wall Street rallied following encouraging reports on inflation and on strong profits at 3M and other big U.S. companies
July 26, 2024
A gauge of global stocks climbed for the first time in four sessions on Friday as equities steadied after a sharp selloff and U.S. economic data showed an
July 26, 2024
The Bank of Canada is shifting its focus to boosting the economy rather than suppressing inflation, which raises prospects of further interest
July 25, 2024
After getting trounced by their larger rivals for years, some of the smallest stocks on Wall Street have shown much more life recently
July 25, 2024
The number of Americans filing new applications for unemployment benefits fell more than expected last week as distortions from the weather and temporary automobile plant
July 25, 2024
Federal Reserve policymakers are seen leaving their short-term interest-rate target in the 5.25%-5.50% range next week and waiting until September to start a string of quarter-point
July 25, 2024
Inflation in key sub-Saharan African economies is unlikely to slow to targets even after recent aggressive interest rate hikes as central banks look to reverse
July 25, 2024
China surprised financial markets with an off-cycle cut to bank funding costs on Thursday.
July 25, 2024
The Bank of Canada on Wednesday trimmed its key policy rate by 25 basis points for the second month in row, bringing it down to 4.5%, and said more cuts were likely if inflation
July 24, 2024
The Bank of England will trim Bank Rate to 5% next week, a majority of economists said in a Reuters poll, and with inflation expected to hover around target, it
July 24, 2024
The Bank of Canada on Wednesday trimmed its key interest rate by 25 basis points for the second month in a row, bringing it to 4.5%, and said
July 24, 2024
Sri Lanka's central bank cut interest rates by 25 basis points on Wednesday in a surprise decision aimed at spurring economic recovery following the country's
July 24, 2024
The Bank of Japan must raise interest rates to prevent excessive declines in the yen, private-sector members of a key government council said at a meeting last week where Governor
July 24, 2024
South Korea's consumer sentiment in July was the most optimistic in 27 months, with a brighter spending outlook due to easing inflation concerns, a central bank survey showed on
July 23, 2024
Canada's main stock index fell on Tuesday as a drop in oil prices weighed on energy shares, but the move was limited ahead of a potential interest rate cut by the Bank of
July 23, 2024
Asian stocks are mostly lower as markets digest Japanese and Australian business data, while U.S. stocks held relatively steady as earnings reporting season ramped up for big companies
July 23, 2024
After more than a year of moderate expansion, South Korea's economic growth likely slowed to a near halt last quarter as higher borrowing costs held back
July 23, 2024
Canada's main stock index rose on Monday, with the real estate and utilities sectors leading a broad-based rally ahead of an expected interest rate cut this week by the Bank
July 22, 2024
It’s becoming harder to get — and keep — a car
July 22, 2024
Strong wage growth is making it harder to bring down inflation in the euro zone, the German central bank said on Monday, calling for a careful approach to further interest rate
July 22, 2024
In September 2021, after absorbing three months of price hikes that were more than double the Federal Reserve's 2% target, U.S. central bank staff and
July 22, 2024
European Central Bank policymaker Peter Kazimir opened the door on Monday to two more interest rate cuts by the end of the year if data justified them.
July 22, 2024
Japanese ministries' budget demand for the next fiscal year is likely to exceed 110 trillion yen ($698 billion) for the fourth straight year, according to a
July 22, 2024
Euro zone inflation will continue to slow in the coming years and could dip below the European Central Bank's 2% target by 2026%, an ECB survey showed on Friday.
July 19, 2024
Investors have locked onto the U.S. central bank's Sept. 17-18 meeting for the start of interest rate cuts that Federal Reserve Chair Jerome Powell has said
July 19, 2024
Two European Central Bank policymakers on Friday backed further interest rate cuts, expressing greater confidence that inflation was heading to the ECB's goal next year.
July 19, 2024
First to hike, first to hit its inflation target - and the last to cut?
July 19, 2024
The Bank of Japan will skip raising interest rates at its policy-setting meeting at the end of July as it looks to boost tepid economic growth, more than three-
July 19, 2024
Even some of the European Central Bank's more hawkish policymakers are open to an interest rate cut in September, provided incoming data confirm that disinflation is continuing,
July 18, 2024
The euro held steady on Thursday, as did euro zone government bond yields after the European Central Bank left interest rates unchanged, and did not signal a cut in September was
July 18, 2024
The European Central Bank kept interest rates unchanged on Thursday, and gave no hints as to what investors might expect at its next meeting, saying September was "wide open" and
July 18, 2024
India's central bank said on Thursday that the economy's natural rate of interest has increased since the pandemic and will rise further, driven by the growth of
July 18, 2024
The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again
July 18, 2024
Wages in Britain grew a bit more slowly but still increased at a pace that would normally be too strong for the Bank of England, leaving in doubt
July 18, 2024
Oil prices steadied on Thursday as investors wrestled with mixed signals about crude demand, with concerns about an economic slowdown in the U.S. contending with
July 18, 2024
By Howard Schneider and Michael S.
July 17, 2024
A look at the day ahead in Asian markets.
July 16, 2024
Federal Reserve Governor Adriana Kugler on Tuesday expressed cautious optimism that inflation is returning to the U.S. central bank's 2% target, with goods,
July 16, 2024
New inflation warning: Get used to high interest rates, IMF says
July 16, 2024
U.S. retail sales were unchanged in June as a drop in receipts at auto dealerships was offset by broad strength elsewhere, a display of consumer resilience
July 16, 2024
Asian stocks are mostly lower even as investors wager that the Federal Reserve will come ahead with a cut to interest rates, while Australia's benchmark hit a new record
July 16, 2024
Expectations U.S. interest rates will fall, preventing a hard landing for the economy, has kept investors bullish, although geopolitics pose the biggest risk to that
July 16, 2024
Canadian businesses expect interest rates to come down by as much as 100 basis points over the next year but their willingness to invest is below
July 15, 2024
Federal Reserve Chair Jerome Powell on Monday kicks off what is shaping up as a key week of commentary from U.S. central bank officials taking stock of
July 15, 2024
Asian stocks are mixed as investors grappled with the weak economic data from China and waited to see the outcome of a top Communist Party policy meeting in Beijing
July 15, 2024
China's central bank left a medium-term rate unchanged as expected on Monday when rolling over maturing medium-term loans.
July 15, 2024
Asking prices for British homes coming to the market fell this month, with signs that some buyers are waiting for the Bank of England to cut interest rates, a survey from
July 14, 2024
U.S. producer prices increased slightly more than expected in June amid a rise in the cost of services, but that did not change expectations that the Federal
July 12, 2024
Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain elevated
July 12, 2024
Signs of consumers slowing down spending and falling behind on their bills weighed down shares of the big banks on Friday
July 12, 2024
Global debt funds attracted inflows for a 29th straight week in the seven days to July 10 on expectations of a Federal Reserve rate cut amid weakening labour market conditions and easing
July 12, 2024
U.S. stocks rose after some mixed signals on big banks’ profits and inflation did little to dent Wall Street’s belief that easier interest rates are on the way
July 12, 2024
Japan's core consumer inflation probably picked up in June for a second straight month, a Reuters poll of 18 economists showed, keeping the central bank under
July 12, 2024
The Consumer Price Index, a measurement of the average change in prices for a commonly purchased basket of goods and services, dropped 0.1% from May, which helped to slow the annual rate of inflation to 3% from 3.3% in May, according to the Bureau of Labor Statistics’ latest report.
July 11, 2024
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 number of Americans filing new applications for unemployment benefits dropped more than expected last week, but volatility around this time of the year as automobile
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
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
Britain's housing market remained soft in June but surveyors were more positive about the outlook following this month's parliamentary elections and with interest rates likely to
July 11, 2024
Short positions on most Asian currencies eased, as rising expectations of at least two rate cuts by the U.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
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
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
The prospect of near-term interest rate cuts is bolstering the case for investors to remain bullish after a run in U.S. stocks that may soon be tested by
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
A look at the day ahead in Asian markets. Is a U.S. interest rate cut coming? If so, when?
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
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
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
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
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 U.S. dollar index stayed slightly lower on Friday after data showed U.S. job growth slowed marginally in June while the unemployment rate rose,
July 05, 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
Foreign investors channelled massive money into Asian equities in June, after two months of selling, as easing U.S. price pressures raised hopes that the Federal Reserve
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
The average rate on a 30-year mortgage rose this week, pushing up borrowing costs on a home loan for the first time since late May
July 03, 2024
First-time applications for U.S. unemployment benefits increased last week, while the number of people on jobless rolls rose further to a 2-1/2 year high
July 03, 2024
The number of Americans filing for unemployment benefits inched up last week, but remain at historically healthy levels despite elevated interest rates
July 03, 2024
The S&P 500 index and technology-laden Nasdaq rose on Wednesday to post record high closes, as data pointing to a softening economy
July 03, 2024
Asian shares are trading mostly higher after Tesla zoomed upward, helping drive the U.S. stock market to more records
July 03, 2024
A bond market crisis that rocked Britain's economy two years ago cast a long shadow over the country's election and will linger as Keir Starmer's Labour government
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
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
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
Stocks tumbled on Thursday, under pressure from investor caution over the Middle East conflict and from the largest one-week rise in 10-year Treasury yields in 18
July 02, 2024
The benchmark 10-year Treasury yield rose above 5% and to its highest since 2007 on Monday, as a roaring U.S. economy led investors to expect
July 02, 2024
U.S. stocks tumbled on Thursday, dragged by tech and tech-adjacent megacap shares as investors digested mixed quarterly earnings and signs of economic resiliency
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
U.S. vacation home sales have fallen by nearly three-quarters from their frenzied pace three years ago as an inventory shortage spawns a wrenching correction in
July 02, 2024
The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in borrowing costs in a policy statement that
July 02, 2024
Asian shares climbed to fresh two-month highs on Tuesday, boosted by a rally on Wall Street while the dollar languished near its lowest in two-and-a-half months
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 S&P 500 ended little changed on Friday but registered a seventh straight week of gains in its longest weekly winning streak since 2017 after this
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
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
A look at the day ahead in U.S. and global markets from Naomi Rovnick.
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
Asian shares faltered on Thursday after Wall Street took a late spill, while investors stuck to bets for sizable cuts in U.S. interest rates this year even if the kick
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
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. stock index futures slipped on Tuesday as hopes for early interest rate cuts from the Federal Reserve waned, while investors geared up for quarterly earnings from U.S. retail giants
July 02, 2024
Asian shares were taking a breather near seven-month highs on Monday as investors awaited inflation data from the United States, Japan and Europe that will help refine
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 stocks nudged higher on Tuesday ahead of the influential U.S. inflation report, while Japanese shares fell and the yen firmed on rising expectations that
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
Asian shares bounced while gold prices and Japan's Nikkei jumped to record highs on Thursday after the U.S.
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
Asian equities climbed on Tuesday but could not break this month's highs as mixed messages from U.S.
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
Morgan Stanley said it now expects the U.S.
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
A world stock index rose for a seventh straight session and U.S.
July 02, 2024
U.S. stocks rallied and crude oil prices rebounded after upbeat economic data on Friday as investors positioned themselves ahead of the long U.S.
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
World stocks rose on Monday despite a subdued Wall Street following unexpected weakness in U.S. manufacturing data, feeding uncertainty
July 02, 2024
European shares advanced on Thursday with broad-based gains as markets tracked a global upbeat sentiment, while shares of British,
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
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
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
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
The dollar eased against the euro on Tuesday after retail sales data indicated signs of exhaustion among U.S. consumers, boosting the case for Federal Reserve
July 01, 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
The number of Americans filing new claims for unemployment benefits increased to a 10-month high last week, suggesting the labor market was losing momentum and
June 28, 2024
A look at the day ahead in Asian markets.
June 28, 2024
The Bank of Japan may offer guidance on how it plans to reduce its $5-trillion balance sheet at its policy meeting on Friday, in a slow but steady retreat from its
June 28, 2024
The Bank of Japan kept interest rates unchanged on Friday but said it would trim bond buying in the future to allow long-term interest rates to move more freely.
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
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
The Bank of Japan said on Friday it would start trimming its huge bond purchases and announce a detailed plan next month on reducing its nearly $5 trillion balance
June 28, 2024
U.S. bond market participants are worried market liquidity will keep deteriorating as the U.S.
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
A look at the day ahead in Asian markets.
June 28, 2024
The Bank of Japan is likely to trim bond buying by around 24 trillion yen ($152 billion) annually in new guidance due next month, but forgo raising
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 series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman Jerome Powell could jolt U.S. government bonds out of a narrow
June 28, 2024
Australian employment outpaced expectations in May as firms took on more full-time workers, while the jobless rate dipped in a sign the labour market remains resilient even as the
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
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
Thailand's central bank left its key interest rate unchanged for a fourth straight meeting on Wednesday, as widely expected, despite
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
The Bank of England is likely to cut interest rates soon, "probably in August", as long as inflation and wage data align with the Monetary Policy Committee's (MPC
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
U.S.
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
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
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
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
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
Traders scaled back bets that the
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
U.S. bond funds secured the largest weekly inflow in four weeks in the seven days to June 5, driven by a rally in treasury bond prices after softer economic data bolstered expectations of
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
Investors in European equities are stepping up their search for stocks that are likely to benefit from lower borrowing costs,
June 24, 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
European shares closed higher on Thursday, boosted by banking, technology and healthcare stocks, though they finished below session highs after the
June 24, 2024
Bank of Japan (BOJ) Governor Kazuo Ueda said on Thursday it would be appropriate to reduce the central bank's bond buying as it moves toward an exit from massive monetary
June 23, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's tech-led stock surge to new records has seen $3 trillion AI-champion Nvidia replace Apple as the world's 2nd most
June 23, 2024
A look at the day ahead in European and global markets from Ankur Banerjee After the Bank of Canada became the first G7 country to cut interest rates, the stage is set for the European Central Bank to
June 23, 2024
The U.S. dollar drifted higher on Wednesday after data showed the services sector in the world's largest economy rebounded in May after contracting the
June 22, 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
A look at the day ahead in European and global markets from Ankur Banerjee: A softening labour market and a cooling economy have traders perking up with expectations of a September rate cut from the
June 21, 2024
Euro zone business activity expanded at its quickest rate in a year in May as growth in the bloc's dominant services industry outpaced contraction in manufacturing, according to
June 21, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Any investor trepidation about a slowing U.S. economy is once again being offset by renewed interest rate cut hopes - seeing the
June 21, 2024
The U.S.
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
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
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
Traders upped bets for a Bank of England rate cut in August, helping to underpin a pre-election rally for UK stocks and government bonds even
June 20, 2024
Wall Street shares pulled back from record highs hit early on Thursday in sympathy with rallying overseas indexes, as Treasury yields shook off
June 20, 2024
The dollar fell to a three-week low on Monday after data showed the U.S. economy is gradually slowing down with weaker-than-expected readings on
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
A look at the day ahead in European and global markets from Wayne Cole.
June 18, 2024
A look at the day ahead in Asian markets.
June 18, 2024
European shares rose on Friday after softer U.S. inflation data spurred hopes of interest rates cuts by the Federal Reserve, while June rate cut bets
June 17, 2024
Major economies grappling with housing crises will struggle to crank up the supply of affordable homes in coming years, according to a Reuters poll of property
June 17, 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
Italian court set to issue verdict in Salvini's kidnapping trial over migrants blocked at sea
South Korea police questioned acting president Han over martial law decree
Singapore's low inflation not enough for a January easing, analysts say
Sri Lanka's navy rescues 102 Rohingya refugees found adrift aboard a fishing trawler
Column-Intervention to halt dollar merely gives it legs :Mike Dolan
UK retail sales edge up by 0.2% in November
Gisele Pelicot's Australian supporters are moved that their French heroine wore an Aboriginal scarf
An 'embarrassing' night for Stephen Curry and the Warriors, who fall by 51 at Memphis
Justin Herbert passes for 2 touchdowns, Chargers score on free kick and rally past Broncos 34-27