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Today: December 19, 2024
Today: December 19, 2024

interest rates

Business|Economy|Europe|Finance

UK inflation hits 8-month high but underlying pressures steady

British inflation hit an eight-month high in November, but the rise in services prices - watched closely by the Bank of England as an

UK inflation hits 8-month high but underlying pressures steady
Economy|Finance|Political|US

Fed lowers rates but sees fewer cuts next year due to stubbornly high inflation

The U.S. central bank cut interest rates on Wednesday, as expected, but Federal Reserve Chair Jerome Powell said more reductions in borrowing

Fed lowers rates but sees fewer cuts next year due to stubbornly high inflation
Asia|Business|Economy

BOJ's rate hike debate shifts from 'when?' to 'how high?'

As the guessing game over the timing of Japan's next interest rate hike heats up, another debate is brewing within the central bank over just how much higher rates

BOJ's rate hike debate shifts from 'when?' to 'how high?'
Economy|Europe|Finance|Stock Markets|US

Fed looms and Europe gets inflation data

A look at the day ahead in European and global markets from Vidya Ranganathan As a host of major central banks hold policy meetings over the next 24 hours, the U.S.

Fed looms and Europe gets inflation data
Asia|Business|Economy|Finance|Stock Markets

US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025

U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought

US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025
Economy|Finance|Political|US

Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year

The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still-elevated inflation

Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
Asia|Business|Economy|Finance|Stock Markets

Central bank fever builds, saps risk appetite

A look at the day ahead in Asian markets. 

Central bank fever builds, saps risk appetite
Business|Economy|Finance|Food|Travel

Canada's inflation rate ticks down to 1.9% in November

Canada's annual inflation rate unexpectedly dropped by a tick to 1.9% in November, driven by a broad-based slowdown in prices, while the

Canada's inflation rate ticks down to 1.9% in November
Business|Economy|Europe|Finance

Hungary central bank leaves base rate steady for third straight month

Hungary's central bank left its base rate steady at the European Union's joint highest level of 6.5% on Tuesday, as widely expected, after

Hungary central bank leaves base rate steady for third straight month
Business|Economy|Finance|Stock Markets|US

The Dow just did something it hasn’t done since Jimmy Carter was president

The Dow just did something it hasn’t done since Jimmy Carter was president

The Dow just did something it hasn’t done since Jimmy Carter was president
Economy|Finance|Political|Stock Markets|US

Bonds agitated as Fed meets, G7 politics rumble

A look at the day ahead in U.S. and global markets from Mike Dolan Even with another Federal Reserve interest rate cut this week baked in to market pricing, U.S.

Bonds agitated as Fed meets, G7 politics rumble
Business|Economy|Europe|Finance|Stock Markets

2024 the 'year of the bond' as record inflows top $600 billion

Investors have poured a record $600 billion into global bond funds this year, taking advantage of some of the highest yields in decades ahead of an uncertain 2025.

2024 the 'year of the bond' as record inflows top $600 billion
Business|Economy|Finance|Political|US

Trump bump? Fed officials prepare projections into new presidential term

Since Donald Trump's election to a second term last month, Federal Reserve policymakers including Chair Jerome Powell have said it is too soon to factor in the U.S.

Trump bump? Fed officials prepare projections into new presidential term
Africa|Business|Economy|Finance|Stock Markets

South African rand weakens ahead of Fed decision

South Africa's rand weakened against a stronger dollar on Tuesday as investors turn their attention to the Federal Reserve's interest rate decision.

South African rand weakens ahead of Fed decision
Asia|Business|Economy|Finance

Bank of Korea board members see need to respond to slowing economy, minutes show

South Korea's monetary policy board members said there was a need to respond quickly and preemptively to a slowing economy, as they decided to lower interest rates for a second

Bank of Korea board members see need to respond to slowing economy, minutes show
Business|Economy|Europe|Finance

UK pay growth speeds up, adding to worries for Bank of England

British pay rose by more than expected in the three months to October, official data showed on Tuesday, prompting investors to further rein in

UK pay growth speeds up, adding to worries for Bank of England
Asia|Business|Economy|Finance

Over 90% of market players expect BOJ to keep rates steady this week, survey shows

Over 90% of market participants expect the Bank of Japan to keep interest rates steady at this week's policy meeting, a survey by money market brokerage Ueda Yagi Tanshi showed on

Over 90% of market players expect BOJ to keep rates steady this week, survey shows
Asia|Business|Economy|Stock Markets|Technology|US

Stock market today: Wall Street trims its stellar gains as Nvidia's star dims again

U.S. stock indexes trimmed some of their stellar gains for the year

Stock market today: Wall Street trims its stellar gains as Nvidia's star dims again
Business|Economy|Europe|Finance

ECB expects more rate cuts as inflation fears abate

The European Central Bank expects to cut interest rates further if inflation settles at its 2% target as it expects, some of the ECB's top brass said on Monday.

ECB expects more rate cuts as inflation fears abate
Business|Economy|Finance|Stock Markets|US

Nasdaq closes at record as investors prepare for Fed rate decision

The Nasdaq closed at a record high on Monday and the S&P 500 also rose as investors gauged the latest economic data while looking toward the Federal Reserve's

Nasdaq closes at record as investors prepare for Fed rate decision
Americas|Business|Economy|Finance|Political

Brazil currency hits record low amid ongoing fiscal woes

Market anxiety dragged Brazil's real currency to a historic low on Monday as significant central bank interventions again failed to

Brazil currency hits record low amid ongoing fiscal woes
Business|Economy|Europe|Finance|Political

ECB is confident that inflation will converge to target in 2025, De Guindos says

The European Central Bank is confident that inflation will converge to the 2% goal in 2025 as is reflected in its monetary policy, ECB's Vice-President Luis de Guindos said on

ECB is confident that inflation will converge to target in 2025, De Guindos says
Economy|Europe|Finance|Political

ECB should keep cutting rates in small steps, Kazimir says

The European Central Bank should continue to cut interest rates in small steps and resist the temptation of trying to prop up growth in a currency bloc that suffers largely from

ECB should keep cutting rates in small steps, Kazimir says
Australia|Economy|Finance|Political

Australia's central bank gets banker, economist to rate-setting board

Australian Treasurer Jim Chalmers on Monday announced two new members to the central bank's rate-setting board, with the majority of board members staying in a bid to

Australia's central bank gets banker, economist to rate-setting board
Business|Economy|Finance|Political|US

Dollar edges higher against major peers as investors eye Fed rate cut

The U.S. dollar edged higher against major currencies in choppy trading on Monday, as investors eyed interest rate decisions from

Dollar edges higher against major peers as investors eye Fed rate cut
Asia|Business|Economy|Finance

Bank of Thailand to hold rates this year, economists split on next cut - Reuters poll

The Bank of Thailand (BOT) will keep its key interest rate unchanged on Wednesday after a surprise October trim, according to a Reuters poll of

Bank of Thailand to hold rates this year, economists split on next cut - Reuters poll
Asia|Business|Economy|Finance|Political|Stock Markets

2024 bull run in home stretch, China 'data dump' eyed

A look at the day ahead in Asian markets. 

2024 bull run in home stretch, China 'data dump' eyed
Economy|Finance|Political|US

Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated

Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting

Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
Economy|Finance|MidEast

Israel's inflation slips to 4-month low of 3.4% in November

Israel's inflation dipped in November, data from the Central Bureau of Statistics showed on Sunday, but staying above target and likely not enough to push

Israel's inflation slips to 4-month low of 3.4% in November
Economy|Finance|Stock Markets|US

Fed rate view in focus as robust stocks year draws to close

A banner year for U.S. stocks gets one of its last big tests with the coming week’s Federal Reserve meeting, as investors await the central bank's guidance on

Fed rate view in focus as robust stocks year draws to close
Business|Economy|Europe|Finance

Big banks expect a quarter-point cut for ECB's first meeting of 2025

Major brokerages including Bank of America, Goldman Sachs and Citigroup expect the European Central bank to cut interest rates by 25 basis points again at its first meeting of 2025 on Jan.

Big banks expect a quarter-point cut for ECB's first meeting of 2025
Business|Economy|Finance|US

Marginal rise in US import prices suggests inflation pressures may subside

U.S. import prices barely rose in November as increases in the costs of food and fuels were partially offset by decreases elsewhere thanks to a strong dollar,

Marginal rise in US import prices suggests inflation pressures may subside
Business|Economy|Europe|Finance|Political

ECB's Centeno sees further gradual rate easing in coming quarters

European Central Bank policymaker Mario Centeno predicted on Friday further gradual interest rate cuts in the coming quarters to ease what remains a 'restrictive rate level' to

ECB's Centeno sees further gradual rate easing in coming quarters
Business|Economy|Finance|Political|US

US data has Fed striding toward rate cut next week, and tip-toeing into 2025

Investors view it as a near given that the U.S.

US data has Fed striding toward rate cut next week, and tip-toeing into 2025
Business|Economy|Finance|Stock Markets|US

Wall St near records as central banks end 2024 with rate cuts

A look at the day ahead in U.S. and global markets by Samuel Indyk The stellar year for U.S. stock markets took a bit of a breather on Thursday, perhaps expected after a rally that has led the Nasdaq

Wall St near records as central banks end 2024 with rate cuts
Business|Economy|Europe|Finance

ECB governors back more rate cuts if inflation settles at goal

Four European Central Bank policymakers backed further interest rate cuts on Friday provided that inflation settles at the ECB's 2% goal as expected.

ECB governors back more rate cuts if inflation settles at goal
Asia|Business|Economy|Finance|Stock Markets

Stock market today: Wall Street ends mixed after a bumpy week

Stock indexes closed mixed on Wall Street at the end of a rare bumpy week

Stock market today: Wall Street ends mixed after a bumpy week
Asia|Business|Economy

BOJ to skip rate hike in December, majority of economists say: Reuters poll

The Bank of Japan will hold interest rates at 0.25% at its December policy meeting as it assesses overseas risks and next year's wage outlook, a majority of

BOJ to skip rate hike in December, majority of economists say: Reuters poll
Asia|Business|Economy

BOJ's rate hike plans clouded by small firms' wage woes

Japan's small firms are spending far more of their profits on wages than their bigger counterparts and could struggle to keep

BOJ's rate hike plans clouded by small firms' wage woes
Asia|Business|Economy|Finance

Japan business mood improves slightly, global risks cloud outlook

Japanese big manufacturers' sentiment improved slightly in the three months to December, a quarterly survey showed on Friday, boding well for the

Japan business mood improves slightly, global risks cloud outlook
Business|Economy|Finance|Health|Political

Brazil's currency weakens, changing course despite aggressive rate strategy

Brazil's currency reversed course and weakened against the U.S. dollar on Thursday, despite a larger-than-expected interest rate hike by the

Brazil's currency weakens, changing course despite aggressive rate strategy
Business|Economy|Europe|Finance|Stock Markets

As euro zone risks mount, markets seek clarity on pace of ECB rate cuts

Euro zone markets swung on Thursday after the European Central Bank gave up a long-standing hawkish tilt but analysts were split on the signals

As euro zone risks mount, markets seek clarity on pace of ECB rate cuts
Business|Economy|Finance|Stock Markets|US

Wall Street hopes rate cuts will force clients out of cash in 2025

Wall Street executives at the Reuters Next conference in New York expect a $7-trillion cash pile that proved invulnerable to falling interest rates in 2024 to start melting next year as

Wall Street hopes rate cuts will force clients out of cash in 2025
Business|Economy|Europe|Finance|Political

Handful of ECB policymakers wanted larger cut, worried about tariffs - sources

A handful of European Central Bank policymakers initially wanted a larger interest-rate cut on Thursday, worried among other things that new U.S. tariffs would hamper economic

Handful of ECB policymakers wanted larger cut, worried about tariffs - sources
Business|Economy|Europe|Finance

Lagarde comments at ECB press conference

The European Central Bank cut interest rates for the fourth time this year on Thursday and kept the door open to further easing in 2025 as growth takes a hit from political

Lagarde comments at ECB press conference
Business|Economy|Finance|US

Traders add to bets the Fed will keep cutting rates next year

Traders of interest-rate futures that settle to the Federal Reserve's policy rate added to bets the central bank rate will cut borrowing costs next week and follow up next year with

Traders add to bets the Fed will keep cutting rates next year
Business|Economy|Europe|Finance

ECB cuts interest rates for fourth time this year

The European Central Bank cut interest rates for the fourth time this year on Thursday and kept the door open to further easing ahead as inflation closes in on its goal and the

ECB cuts interest rates for fourth time this year
Business|Economy|Europe|Finance

TEXT-Statement from the ECB following policy meeting

Following is the statement from the European Central Bank following its policy meeting.

TEXT-Statement from the ECB following policy meeting
Business|Economy|Europe|Finance|Political

ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies

The European Central Bank is cutting interest rates by a quarter percentage point amid signs of weakening growth and concern about the impact of political chaos in France and the possibility of new U.S. import tariffs

ECB cuts rates a quarter point amid concerns of tepid growth, impact of Trump trade policies