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

interest rates

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
Economy|Europe|Finance|Political|Stock Markets

ECB, Swiss set to cut, but by how much?

A look at the day ahead in European and global markets from Kevin Buckland A momentous couple weeks for global central banks brings policy decisions from two of the biggest on Thursday: the European

ECB, Swiss set to cut, but by how much?
Asia|Business|Economy|Finance

BOJ leaning toward keeping rates steady next week, sources say

The Bank of Japan is leaning toward keeping interest rates steady next week as policymakers prefer to spend more time scrutinising overseas risks and clues on next

BOJ leaning toward keeping rates steady next week, sources say
Americas|Business|Economy

Brazil's central bank hikes more than expected, signals more tightening ahead

Brazil's central bank raised interest rates by a greater-than-expected 100 basis points on Wednesday and pointed to matching hikes for the next two meetings,

Brazil's central bank hikes more than expected, signals more tightening ahead
Americas|Business|Economy|Political|US

Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada

The premier of Canada’s most populous says he will cut off energy to the United States if President-elect Donald Trump imposed sweeping tariffs on all Canadian products

Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada
Business|Economy|Finance|US

US consumer prices post largest rise in seven months; rents finally slowing

U.S. consumer prices increased in November by the most in seven months, but the Federal Reserve was still expected to deliver a third consecutive interest rate

US consumer prices post largest rise in seven months; rents finally slowing
Business|Economy|Finance

Bank of Canada cuts rates by 50 bps says more gradual approach to follow

The Bank of Canada slashed its key policy rate by 50 basis points to 3.25% on Wednesday to help address slower growth, though Governor Tiff

Bank of Canada cuts rates by 50 bps says more gradual approach to follow
Business|Economy|Europe|Finance

Bank of England set to stay in central bank slow lane and keep rates on hold

The Bank of England looks set to keep interest rates on hold next week as it moves more slowly to cut borrowing costs than central banks in Europe and the

Bank of England set to stay in central bank slow lane and keep rates on hold
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000

Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000
Asia|Business|Economy|Finance

How likely is a Bank of Japan rate hike next week?

The Bank of Japan holds its final policy meeting for the year next week with its decision to be announced just hours after that of the U.S.

How likely is a Bank of Japan rate hike next week?
Business|Economy|Finance|Political|US

US inflation ticked up last month as some price pressures remain persistent

Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated

US inflation ticked up last month as some price pressures remain persistent
Asia|Business|Economy

Japan's wholesale inflation accelerates, keeps BOJ rate-hike plan in focus

Japan's wholesale inflation accelerated for three straight months as companies continued to pass on rising raw material and labour costs, data showed on Wednesday,

Japan's wholesale inflation accelerates, keeps BOJ rate-hike plan in focus
Business|Economy|Finance|Stock Markets|US

BlackRock sees investor shift from cash after even 'modest' rate cuts

Investors are expected to increase their allocations to stocks and bonds from cash after even "modest" Federal Reserve interest rate cuts, BlackRock's chief

BlackRock sees investor shift from cash after even 'modest' rate cuts
Americas|Business|Economy|Political

Argentina monthly inflation seen under 3% in November, but sticky

Argentina's monthly inflation is likely to have remained under 3% in November, near its lowest level of the year but slightly up from the month before,

Argentina monthly inflation seen under 3% in November, but sticky
Business|Economy|Finance|Political|US

Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January- Reuters poll

The U.S.

Federal Reserve to cut rates by 25 bps on Dec. 18, pause in January- Reuters poll
Australia|Business|Economy|Finance

Australia central bank leaves door open to February rate cut

Australia's top central banker on Tuesday left open the door to a cut in interest rates as early as February, but emphasised the flow of economic data would have to give the bank

Australia central bank leaves door open to February rate cut
Australia|Business|Economy|Finance|Stock Markets

Australia's central bank closer to cutting rates, Feb not ruled out

Australia's central bank is getting closer to joining its peers in cutting interest rates, having sat tight for over a year now, but much will depend on

Australia's central bank closer to cutting rates, Feb not ruled out
Australia|Business|Economy|Finance

Australian interest rate changes since 1990

The Reserve Bank of Australia on Tuesday left the cash rate unchanged at 4.35% following its December policy meeting.

Australian interest rate changes since 1990
Asia|Business|Economy|Finance|Stock Markets|US

US dollar rises, Aussie drops after Chinese trade data

The dollar rose on Tuesday ahead of U.S. inflation data that could offer clues about the Federal Reserve's monetary-easing path, while analysts assess the likely

US dollar rises, Aussie drops after Chinese trade data
Asia|Australia|Business|Economy|Finance|Stock Markets

RBA decides, debate sparks over China policy shift

A look at the day ahead in Asian markets. 

RBA decides, debate sparks over China policy shift
Business|Economy|Finance|Stock Markets|US

Citigroup joins Wall Street peers in forecasting 25 bps rate cut by Fed in December

Citigroup, previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S.

Citigroup joins Wall Street peers in forecasting 25 bps rate cut by Fed in December
Business|Economy|Finance|Political|Stock Markets|US

FX markets brace for G10 policy blitz: McGeever

An extraordinary year for investors is poised to end with a monetary policy bang, with almost every G10 central bank scheduled to deliver interest rate

FX markets brace for G10 policy blitz: McGeever
Business|Economy|Europe|Finance

SNB to cut rates 25 bps on Dec. 12, to reach zero or close next year

The Swiss National Bank will again cut its key policy rate by 25 basis points on Dec. 12, according to an over-85% majority of economists polled by Reuters, with

SNB to cut rates 25 bps on Dec. 12, to reach zero or close next year
Asia|Business|Economy|Finance|Political|Stock Markets|US

Stock market today: Nvidia drags Wall Street from its records as oil and gold rise

A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records

Stock market today: Nvidia drags Wall Street from its records as oil and gold rise
Economy|Finance|Political|US

Trump says he will not try to replace Fed's Powell

U.S. President-elect Donald Trump said in an interview aired on Sunday he will not try to replace Federal Reserve Chair Jerome Powell upon taking office in January.

Trump says he will not try to replace Fed's Powell
Business|Economy|Finance|Political|US

Bank of Canada to slash rates by another 50 bps on Dec. 11: Reuters poll

The Bank of Canada will slash interest rates by a half percentage point at a second consecutive meeting on Dec. 11, according to a majority of

Bank of Canada to slash rates by another 50 bps on Dec. 11: Reuters poll
Business|Economy|Finance|Stock Markets|US

Inflation report poses test for stocks rally as Fed meeting looms

An inflation report in the coming week will test the strength of the record-setting U.S. stocks rally and provide a crucial piece of data that could factor into

Inflation report poses test for stocks rally as Fed meeting looms
Business|Economy|Finance|US

Fed's Goolsbee hopes neutral can be in sight by late next year

Chicago Federal Reserve president Austan Goolsbee said that economic conditions will determine how fast the Federal Reserve cuts rates from here, but added he

Fed's Goolsbee hopes neutral can be in sight by late next year
Business|Economy|Finance|US

Fed's Hammack says time to slow rate cuts may have arrived

By Michael S.

Fed's Hammack says time to slow rate cuts may have arrived
Business|Economy|Finance|Stock Markets|US

Instant view: US Nov payrolls show job growth accelerated after October hiccup

U.S. job growth surged in November after being severely constrained by hurricanes and strikes, but probably does not signal a material shift in labor market conditions that continue to

Instant view: US Nov payrolls show job growth accelerated after October hiccup
Business|Economy|Finance|US

Fed seen poised to cut rates this month, debate 2025 pause

Federal Reserve officials appear on track to cut interest rates this month after data showed the U.S. labor market remained

Fed seen poised to cut rates this month, debate 2025 pause
Business|Economy|Finance|Stock Markets|US

S&P 500, Nasdaq hit record closing highs; Lululemon gains, data supports rate cut view

The Nasdaq and the S&P 500 rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica and other companies and as U.S. jobs

S&P 500, Nasdaq hit record closing highs; Lululemon gains, data supports rate cut view
Americas|Australia|Business|Economy|Europe|Finance|Political|Stock Markets|US

Crypto gain, Europe pain

Bitcoin smashing the $100,000 barrier raises the prospect of the cryptocurrency going mainstream, U.S. inflation data will show how much pressure there is on the Fed to adjust rates and

Crypto gain, Europe pain
Asia|Business|Economy|Finance

India cenbank takes steps to increase forex inflows to boost struggling rupee

The Reserve Bank of India on Friday raised the interest rate ceiling that banks can offer for foreign currency non-resident (FCNR-B) deposits to boost forex

India cenbank takes steps to increase forex inflows to boost struggling rupee
Business|Economy|Europe|Finance|Political

The pressure's on: Five questions for the ECB

The European Central Bank looks set to cut rates again on Thursday as inflation heads down, and financial markets are keen for a sense of

The pressure's on: Five questions for the ECB
Australia|Business|Economy|Finance

RBA to hold rates steady in December, first cut pushed to Q2: Reuters poll

Australia's central bank will hold interest rates steady on Tuesday as a resilient labour market keeps inflation elevated, according to economists

RBA to hold rates steady in December, first cut pushed to Q2: Reuters poll
Asia|Business|Economy|Finance|Stock Markets

India rate call in focus, political crises cool

A look at the day ahead in Asian markets. 

India rate call in focus, political crises cool
Business|Economy|Europe|Finance|Political

Key quotes from ECB policymakers ahead of likely rate cut on Dec 12

Following are quotes from ECB policymakers in the run-up to the Dec 12 policy meeting where a rate cut is almost certain and only the size is up for debate, with most seemingly

Key quotes from ECB policymakers ahead of likely rate cut on Dec 12
Asia|Business|Economy|Finance|Stock Markets

Wall Street stocks, bitcoin take breath from record highs ahead of US jobs data

Bitcoin traded near $100,000 on Thursday as investors bet on a friendly U.S. regulatory shift, while world stocks pulled back slightly

Wall Street stocks, bitcoin take breath from record highs ahead of US jobs data
Economy|Election|Finance|Political|US

Why Trump and the Federal Reserve could clash in the coming years

President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households

Why Trump and the Federal Reserve could clash in the coming years
Business|Economy|Finance|Political|US

Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates

Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates

Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates
Economy|Finance|Political|US

Powell: Fed's independence from politics is vital to its interest rate decisions

Chair Jerome Powell said the Federal Reserve’s ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or political outcome

Powell: Fed's independence from politics is vital to its interest rate decisions
Business|Economy|Finance|US

Powell says Fed can afford to be a little more cautious

U.S.

Powell says Fed can afford to be a little more cautious
Economy|Finance|Political|US

Fed's Musalem expects more rate cuts, keeping options open on December meeting

St.

Fed's Musalem expects more rate cuts, keeping options open on December meeting
Business|Economy|Finance|Stock Markets|Technology|US

BlackRock bets on AI-driven stocks rally but US debt clouds 2025 outlook

BlackRock expects the artificial intelligence boom to continue to boost U.S. stocks next year and support economic growth more broadly, although rising U.S.

BlackRock bets on AI-driven stocks rally but US debt clouds 2025 outlook
Business|Economy|Finance

National Bank of Canada profit rises on strong wealth management business

National Bank of Canada reported a rise in fourth-quarter profit on Wednesday, helped by strong performance in its wealth management unit.

National Bank of Canada profit rises on strong wealth management business
Business|Economy|Europe|Finance

BoE's Bailey sticks to 'gradual' script for rate cuts

Bank of England Governor Andrew Bailey reiterated in an interview published on Wednesday that gradual cuts in interest rates are likely over the next year, adding that the process of

BoE's Bailey sticks to 'gradual' script for rate cuts
Business|Economy|Europe|Finance|Political

ECB rate cut of 25 bps possible, not more, ECB's Holzmann tells paper

It is "conceivable" that the European Central Bank will cut interest rates by 25 basis points at its next rate-setting meeting this month but not more, ECB policymaker Robert

ECB rate cut of 25 bps possible, not more, ECB's Holzmann tells paper
Business|Economy|Finance|US

Fed policymakers steer clear of December rate-cut guidance

U.S. central bankers on Tuesday said they continue to believe inflation is heading down to their 2% target and signaled support for further interest rate

Fed policymakers steer clear of December rate-cut guidance
Asia|Business|Economy|Europe|Finance|Political|Stock Markets|US

Wall St at records as Paris simmers, yuan hits 2024 low

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street stocks are grinding out new records as U.S. growth continues to outperform, interest rate cut optimism has been rekindled

Wall St at records as Paris simmers, yuan hits 2024 low
Economy|Finance|MidEast

Turkey inflation higher than expected, teeing up tough rate decision

Turkish inflation was higher than expected at 47.09% annually and 2.24% on a monthly basis in November, official data showed on Tuesday, potentially reducing

Turkey inflation higher than expected, teeing up tough rate decision