Today: September 27, 2024
Today: September 27, 2024

interest rates

Business|Economy|Finance|News|Stock Markets

What lower rates mean for markets

What lower rates mean for markets

What lower rates mean for markets
Business|Economy|Finance|Stock Markets

Toronto market extends record-setting run as gold miners climb

Canada's main stock index on Friday inched past the record high it hit a day earlier, helped by gains for the shares of gold miners and uranium producers

Toronto market extends record-setting run as gold miners climb
Finance|News|Stock Markets

Richly valued US stock market may find limited benefit from rate cuts

As the Federal Reserve kicks off a long-awaited rate cutting cycle, some investors are wary that richly valued U.S. stocks may have already priced in the

Richly valued US stock market may find limited benefit from rate cuts
Business|Economy|Finance

Gold breaks $2,600 barrier as Fed cut bets prolong historic run

Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest rate cuts, and rising tensions in the

Gold breaks $2,600 barrier as Fed cut bets prolong historic run
Business|Economy|Finance|News

Dollar strengthens versus yen as BOJ strikes cautious stance on rate hikes

The dollar strengthened against the yen on Friday, hitting its highest level in two weeks, after the Bank of Japan left interest rates

Dollar strengthens versus yen as BOJ strikes cautious stance on rate hikes
Australia|Economy|Finance

RBA to keep rates steady on Sept. 24, cut in Q1 2025: Reuters poll

Australia's central bank will keep its key policy interest rate unchanged on Tuesday and for the rest of the year amid elevated price pressures,

RBA to keep rates steady on Sept. 24, cut in Q1 2025: Reuters poll
Business|Economy|Europe|Finance

More UK employers plan reduced pay increases for 2025, IDR survey shows

British employers plan to scale back pay increases next year, according to a survey that is likely to encourage the Bank of England as it seeks further signs that inflation

More UK employers plan reduced pay increases for 2025, IDR survey shows
Business|Economy|Finance

Global investors brace for turmoil as big Fed cut sows confusion

Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world's dominant economy is

Global investors brace for turmoil as big Fed cut sows confusion
Business|Economy|Finance

BOJ keeps rates steady, upgrades view on consumption

The Bank of Japan kept interest rates steady on Friday and revised up its assessment on consumption, signalling its confidence a solid economic recovery would allow

BOJ keeps rates steady, upgrades view on consumption
Business|Economy|Finance

US homebuilder Lennar beats Q3 profit estimates on higher home deliveries

Lennar Corp reported third-quarter profit above Wall Street estimates on Thursday, as a historically low housing supply kept demand strong and declining fixed mortgage rates lured in more

US homebuilder Lennar beats Q3 profit estimates on higher home deliveries
Economy|Finance

Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut

The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in inflation, a former Kansas City Federal Reserve

Ex-Kansas City Fed chief sees renewed inflation risk after large rate cut
Business|Economy|Finance|News

Weekly applications for US jobless benefits fall to the lowest level in 4 months

The number of Americans applying for unemployment benefits fell to their lowest level in four months last week

Weekly applications for US jobless benefits fall to the lowest level in 4 months
Business|Economy|Finance|Stock Markets

US bank stocks rise as jumbo rate cut eases credit risk, cost concerns

U.S. bank stocks rose on Thursday after the Federal Reserve's 50 basis point cut in interest rates raised hopes of lower deposit costs and reduced pressure

US bank stocks rise as jumbo rate cut eases credit risk, cost concerns
Economy|Europe|Finance

European shares advance as global markets cheer Fed's outsized rate cut

European stocks jumped on Thursday after the U.S.

European shares advance as global markets cheer Fed's outsized rate cut
Asia|Economy|Finance|News|Stock Markets

Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world

Wall Street romped to records as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates

Wall Street soars to records as Dow leaps 500 in a rate-cut rally that swept the world
Business|Economy|Finance|News

Fed slashes rates by a half-point – what that means for the economy and the presidential election

The relatively large rate cut signals that the Fed is shifting its focus from fighting inflation to supporting the labor market, an economist explains.

Fed slashes rates by a half-point – what that means for the economy and the presidential election
Asia|Business|Economy|Finance|News

Fed goes big, markets yo-yo

A look at the day ahead in Asian markets.

Fed goes big, markets yo-yo
Business|Economy|Finance|News|Stock Markets

US borrowers get quick relief as Fed cuts rates

U.S. consumers got an immediate reprieve on borrowing costs from banks after the Federal Reserve cut interest rates on Wednesday for the first time

US borrowers get quick relief as Fed cuts rates
Business|Economy|Finance

US rate futures imply more easing this year after Fed's 50-basis-point cut

Futures on the federal funds rate, which measures the cost of unsecured overnight loans between banks, priced on Wednesday about 74 basis points of additional interest rate cuts by

US rate futures imply more easing this year after Fed's 50-basis-point cut
Business|Economy|Finance

The Federal Reserve is finally lowering rates. Here's what consumers should know

The Federal Reserve has cut its benchmark interest rate from its 23-year high, with consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses

The Federal Reserve is finally lowering rates. Here's what consumers should know
Europe|Finance

Euro zone inflation not where ECB wants it to be, Bundesbank chief says

Euro zone inflation is still not as low as the European Central Bank would like, so interest rates need to remain sufficiently high to resolve price pressures, Bundesbank

Euro zone inflation not where ECB wants it to be, Bundesbank chief says
Business|Economy|Finance|Stock Markets

Equities close slightly lower, trade choppy after Fed rate cut

U.S. stocks closed with modest losses on Wednesday, well off their intraday highs, after the Federal Reserve cut interest rates by 50 basis points, the high

Equities close slightly lower, trade choppy after Fed rate cut
Business|Economy|Finance

How some hedge funds would trade a rate cutting cycle

While many investors hope falling interest rates will usher in a soft economic landing, others forecast a calm before the storm.

How some hedge funds would trade a rate cutting cycle
Business|Economy|Europe|Finance|News|Stock Markets

European shares end lower with Fed's big rate verdict in focus

European shares closed lower on Wednesday, as investors refrained from risk-taking ahead of an all-important interest rate decision by the U.S.

European shares end lower with Fed's big rate verdict in focus
Economy|Europe|Finance|News

UK inflation holds at 2.2% but services prices keep BoE on alert

British inflation held steady in August but sped up in the services sector which is closely watched by the Bank of England, data showed on Wednesday, adding to bets

UK inflation holds at 2.2% but services prices keep BoE on alert
Americas|Business|Economy|Finance

Traders brace for least predictable Fed meeting in years

Traders in global financial markets are facing extraordinary uncertainty as they await the U.S.

Traders brace for least predictable Fed meeting in years
Asia|Business|Economy|Finance|News|Stock Markets

Stock market today: Most of Wall Street edges lower after Fed delivers a big cut to rates

Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates

Stock market today: Most of Wall Street edges lower after Fed delivers a big cut to rates
Business|Economy|Finance|World

Oil prices fall as Fed rate cut stirs economic worries, storage report mixed

Oil prices slipped lower on Wednesday as a rate cut announcement from the Federal Reserve raised worries about the health of the U.S. economy, while investors

Oil prices fall as Fed rate cut stirs economic worries, storage report mixed
Business|Economy

So we’re expecting a rate cut. When will we start to see a difference in the economy?

So we’re expecting a rate cut. When will we start to see a difference in the economy?

So we’re expecting a rate cut. When will we start to see a difference in the economy?
Business|Economy

America’s economic engine is still revving, despite fears of a slowdown

America’s economic engine is still revving, despite fears of a slowdown

America’s economic engine is still revving, despite fears of a slowdown
Business|Economy|News|Political

Elizabeth Warren calls for emergency-like Fed rate cut ASAP

Elizabeth Warren calls for emergency-like Fed rate cut ASAP

Elizabeth Warren calls for emergency-like Fed rate cut ASAP
Business|Economy|Finance|News|Stock Markets

S&P 500 ends little changed as early gains fade before Fed decision

U.S. stocks closed nearly unchanged on Tuesday, giving up earlier gains that had vaulted the S&P 500 and Dow Industrial Average to record highs as investors

S&P 500 ends little changed as early gains fade before Fed decision
Economy|Finance

Bond investors debate recession risks with Fed easing finally at hand

Bond investors are more cautious and divided over prospects for recession in the world's largest economy with the Federal Reserve poised to cut

Bond investors debate recession risks with Fed easing finally at hand
Africa|Economy|Finance

S. Africa consumer confidence recovers to pre-pandemic levels, survey shows

South Africa's consumer confidence recovered further in the third quarter to its best since 2019, helped by improved willingness to spend and hopes of an interest rate cut in September,

S. Africa consumer confidence recovers to pre-pandemic levels, survey shows
Asia|Business|Economy|Finance

Stock market today: Wall Street stays stuck in place as it counts down to a rate cut

U.S. stock indexes remained stuck in place as Wall Street made few big moves ahead of what’s expected to be the first cut to interest rates in more than four years

Stock market today: Wall Street stays stuck in place as it counts down to a rate cut
Asia|Business|Europe|Finance|Stock Markets

Yen's big week begins

A look at the day ahead in European and global markets from Tom Westbrook Tokyo traders returned on Tuesday from a three-day holiday weekend, showing little inclination to repeat the yen's low-

Yen's big week begins
Business|Economy|Finance

The Fed is finally about to cut interest rates. What took so long?

The Fed is finally about to cut interest rates. What took so long?

The Fed is finally about to cut interest rates. What took so long?
Business|Economy|News

What's happening in Las Vegas shows Fed's 'soft landing' is a good bet

The cracks in the labor market in Las Vegas and across Nevada have typically appeared early and widened fast when the U.S. economy

What's happening in Las Vegas shows Fed's 'soft landing' is a good bet
Business|Economy|Finance|News

Fed hits easing week, China economy weak

A look at the day ahead in U.S. and global markets from Mike Dolan After an extraordinary 30-month monetary squeeze designed to zap a post-pandemic inflation spike, the Federal Reserve is finally set

Fed hits easing week, China economy weak
Asia|Business|Finance

Asian bonds attract massive inflows in August on Fed easing hopes

Asian bonds attracted foreign inflows for a fourth successive month in August on optimism that the U.S. Federal Reserve will start easing interest rates in September.

Asian bonds attract massive inflows in August on Fed easing hopes
Asia|News

China gloom vs Wall St vroom

A look at the day ahead in Asian markets.

China gloom vs Wall St vroom
Economy|News

Israel CPI jumps to 10-month high of 3.6% in August

Israel's inflation rate surged in August to its highest rate in nearly a year, data from the Central Bureau of Statistics showed on Sunday, reducing the likelihood of more

Israel CPI jumps to 10-month high of 3.6% in August
Business|Economy|Finance|News

Bank of Canada governor raises prospect of faster rate cuts, FT reports

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.

Bank of Canada governor raises prospect of faster rate cuts, FT reports
Business|Economy|News

US consumer sentiment ticks higher for second month but remains subdued

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

US consumer sentiment ticks higher for second month but remains subdued
Business|Economy|Finance

US consumer sentiment climbs to four-month high; import prices drop

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

US consumer sentiment climbs to four-month high; import prices drop
Finance|Stock Markets

Gold bulls set sights on previously dismissed record $3,000/oz milestone

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

Gold bulls set sights on previously dismissed record $3,000/oz milestone
Business|Economy|Finance|Stock Markets

The most well-known recession indicator stopped flashing red, but now another one is going off

The most well-known recession indicator stopped flashing red, but now another one is going off

The most well-known recession indicator stopped flashing red, but now another one is going off
Business|Economy|Europe|Finance

Top ECB governors voice confidence on inflation and rates

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.

Top ECB governors voice confidence on inflation and rates
Business|Economy|Finance

Fed, ready, steady, cut

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.

Fed, ready, steady, cut

Follow