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
December 12, 2024
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,
December 11, 2024
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
December 11, 2024
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
December 11, 2024
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
December 11, 2024
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
December 11, 2024
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
December 11, 2024
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.
December 11, 2024
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
December 11, 2024
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,
December 11, 2024
Investors are expected to increase their allocations to stocks and bonds from cash after even "modest" Federal Reserve interest rate cuts, BlackRock's chief
December 10, 2024
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,
December 10, 2024
The U.S.
December 10, 2024
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
December 10, 2024
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
December 10, 2024
The Reserve Bank of Australia on Tuesday left the cash rate unchanged at 4.35% following its December policy meeting.
December 10, 2024
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
December 10, 2024
A look at the day ahead in Asian markets.
December 09, 2024
Citigroup, previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S.
December 09, 2024
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
December 09, 2024
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
December 09, 2024
A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records
December 09, 2024
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.
December 08, 2024
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
December 06, 2024
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
December 06, 2024
Chicago Federal Reserve president Austan Goolsbee said that economic conditions will determine how fast the Federal Reserve cuts rates from here, but added he
December 06, 2024
By Michael S.
December 06, 2024
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
December 06, 2024
Federal Reserve officials appear on track to cut interest rates this month after data showed the U.S. labor market remained
December 06, 2024
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
December 06, 2024
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
December 06, 2024
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
December 06, 2024
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
December 06, 2024
Australia's central bank will hold interest rates steady on Tuesday as a resilient labour market keeps inflation elevated, according to economists
December 06, 2024
A look at the day ahead in Asian markets.
December 05, 2024
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
December 05, 2024
Bitcoin traded near $100,000 on Thursday as investors bet on a friendly U.S. regulatory shift, while world stocks pulled back slightly
December 05, 2024
President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households
December 04, 2024
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates
December 04, 2024
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
December 04, 2024
U.S.
December 04, 2024
St.
December 04, 2024
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.
December 04, 2024
National Bank of Canada reported a rise in fourth-quarter profit on Wednesday, helped by strong performance in its wealth management unit.
December 04, 2024
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
December 04, 2024
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
December 04, 2024
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
December 03, 2024
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
December 03, 2024
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
December 03, 2024
A surprise declaration of martial law in Korea that had sent the won plummeting and gave U.S.
December 03, 2024
The euro rose modestly against the U.S. dollar on Tuesday, as political turmoil in France sent traders scrambling for hedging protection against further
December 03, 2024
By Michael S.
December 02, 2024
A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view
December 02, 2024
For much of the past 17 years the Federal Reserve has been the central player in U.S. economic policy, throwing multi-trillion-dollar safety nets under the
December 02, 2024
Four out of Canada's six largest banks are expected to show a rise in earnings for the fourth quarter as Bay Street turns its focus to the lenders' forecasts for
December 02, 2024
The European Central Bank is expected to continue cutting interest rates this month, ECB policymaker Yannis Stournaras said on Monday.
December 02, 2024
India's central bank is under increasing political pressure to cut interest rates as soon as this week, after data showed growth was much
December 02, 2024
Russia's sanctions-hit, militarized economy is expected to slow next year and banks' profits will fall, while the benchmark interest rate may
December 02, 2024
Stocks in the U.S. and Europe were mixed on Monday, while the dollar gained versus the euro, amid political turmoil in France and positive signals for the U.S.
December 02, 2024
Australian retail sales firmed for a third straight month in October as tax cuts flowed through to wage packets and consumers became more confident that interest rates
December 02, 2024
The Bank of Korea will take a pass in January but cut interest rates by a quarter-point in February following an unexpected reduction on Thursday to support a
December 02, 2024
The euro faltered on Monday against a strong U.S. dollar on growing concerns about a possible government collapse in France, which would stall plans to
December 01, 2024
Why Trump’s tariff plans could lead to higher interest rates
December 01, 2024
Bank of Japan Governor Kazuo Ueda said the timing of the next interest rate hike was "approaching" as the economy was moving in line with
November 29, 2024
The coming week will give investors a fresh view into the health of the U.S. economy with the release of a closely watched employment report that could help
November 29, 2024
British lenders approved the most mortgages for house purchase since August 2022 last month but consumer credit growth slowed slightly to its weakest in nearly two years, Bank of
November 29, 2024
Stocks closed with solid gains as Wall Street put the finishing touches on one of its best months of the year
November 29, 2024
Core consumer inflation in Japan's capital accelerated in November and stayed above the central bank's 2% target, data showed on Friday, as price
November 28, 2024
Australia's central bank is finally getting a major shake-up of its policy-making process that adds extra uncertainty to when it might deliver interest rate relief to
November 28, 2024
The Turkish Central Bank said on Thursday that the impact of food prices on consumer inflation will remain prominent in November, while monthly consumer inflation excluding food
November 28, 2024
World shares are mixed after losses for big technology stocks pulled major indexes lower on Wall Street
November 28, 2024
The Reserve Bank of India (RBI) is set to hold interest rates on Dec. 6 as a sharp rise in consumer inflation has led several economists in a Reuters poll to
November 28, 2024
South Korea’s central bank has lowered its key policy rate and says the country’s economy will grow at a slower pace than it initially anticipated
November 28, 2024
European shares ticked up on Thursday after falling the previous day, while Asian stocks slipped, as trading volumes thinned ahead of
November 28, 2024
South Korea's central bank unexpectedly cut interest rates by 25 basis points to 3.00% on Thursday, delivering its first back-to-back cuts since the global financial crisis of 2008-
November 28, 2024
Australia's world-beating labour market is one of the main obstacles stopping the country's central bank from joining global peers in reversing the most aggressive
November 28, 2024
The average rate on a 30-year mortgage in the U.S. eased this week, though it remains near 7% after mostly rising in recent weeks
November 27, 2024
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid growth momentum early in the fourth
November 27, 2024
The number of Americans applying for unemployment benefits fell last week, remaining near seven-month lows
November 27, 2024
Mozambique's central bank cut its main interest rate by 75 basis points on Wednesday, the sixth cut in a row, as inflation remains subdued in the southern African country.
November 27, 2024
New Zealand's central bank cut rates for a third time in four months on Wednesday and flagged more substantial easing, including a likely half percentage point
November 27, 2024
Australia's consumer price inflation rate stayed at a three-year low in October as government rebates drove electricity and rent prices down, though core inflation picked up in a
November 27, 2024
Brazil's consumer prices rose more than expected in the month to mid-November, data from statistics agency IBGE showed on Tuesday, fueling bets that the central bank may
November 26, 2024
The new Trump administration's economic policies in the U.S. may have a "relatively limited" effect on European inflation but could have a more noticeable impact on long-term
November 26, 2024
The European Central Bank will keep cutting interest rates as inflation falls and its focus is slowly shifting to growth, which is proving fragile, ECB Vice President Luis de
November 26, 2024
Mexico's statistics agency INEGI released data on Friday showing that inflation slowed more than expected, while growth exceeded forecasts, opening the
November 22, 2024
Friday's unexpectedly weak survey on the health of the German economy merely confirm the country's predicament and discussion on the possible size of the next ECB interest rate
November 22, 2024
Mexico's economy expanded 1.1% in the third quarter compared to the April-June period, national statistics agency INEGI said on Friday, almost in line with the 1.0% increase expected by
November 22, 2024
Euro zone business activity took a surprisingly sharp turn for the worse this month as the bloc's dominant services industry contracted and manufacturing sank
November 22, 2024
Japan's core inflation in October held above the central bank's 2% target and a key index stripping away the effect of fuel accelerated, data showed on Friday, keeping
November 21, 2024
The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July
November 21, 2024
A record-high $7 trillion of cash is currently sitting "on the sidelines" in money market funds (MMFs).
November 21, 2024
Sri Lanka's consumer price inflation reached minus 0.7% year-on-year in October after easing to minus 0.2% in September, official data showed on Thursday, as the island
November 21, 2024
The dollar rose to a 13-month high in choppy trading on Thursday as investors assessed the latest labor market data and comments from Federal Reserve officials
November 21, 2024
New Zealand's Treasury said on Thursday it would likely cut its economic and fiscal forecasts because of a sustained productivity slowdown in the economy.
November 20, 2024
Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates
November 20, 2024
Asset manager PineBridge Investments said in a report that it is seeing the start of a rare non-recessionary interest rate-cutting cycle that should support
November 20, 2024
Federal Reserve Governor Michelle Bowman, among the U.S. central bank's most hawkish policymakers, on Wednesday called for a cautious approach to any further interest rate cuts, noting
November 20, 2024
The U.S.
November 20, 2024
Biden pledges to cut US greenhouse gases by more than 60% as he exits world stage
Japan economy in 'delicate state', says banking lobby head
German exports to UK surge amid gold rally, leaving U.S. behind
Bank of England set to keep UK interest rates on hold despite paltry economic growth
Israel keeps up Gaza bombardment as ceasefire talks intensify
Taiwan's China Airlines splits $11.9 billion aircraft deal between Boeing and Airbus
Olympics-IOC reveals manifestos of presidency candidates
Texas-based Friedkin Group completes purchase of Premier League team Everton