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
South Africa's inflation rate dropped sharply in October to its lowest level since the peak of the COVID pandemic, data showed on Wednesday,
November 20, 2024
Inflation in the U.K. has risen sharply to a six-month high in October, cementing market expectations that there will be no further cuts in borrowing rates this year
November 20, 2024
Britain's official labour market statistics may be failing to count almost 1 million people who are in work, complicating the Bank of England's task of deciding
November 20, 2024
Canada's annual inflation rate rose more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on
November 19, 2024
Global stocks rose in choppy trading on Tuesday as markets waited for President-elect Donald Trump to make more appointments to his
November 19, 2024
A look at the day ahead in Asian markets.
November 18, 2024
Bank Indonesia will leave interest rates unchanged on Wednesday, aiming to protect the rupiah from further depreciation amid concerns U.S.
November 18, 2024
European shares kicked off the week on a dour note, weighed down by declines in real estate stocks, while investors studied speeches from European
November 18, 2024
A look at the day ahead in European and global markets from Wayne Cole.
November 18, 2024
Most U.S. stocks ticked higher to recover some of their sharp slide from last week
November 18, 2024
Bank of Japan Governor Kazuo Ueda said the economy was progressing towards sustained wages-driven inflation and warned against keeping borrowing costs too low,
November 18, 2024
Most Gulf stock markets fell on Sunday after U.S economic data and comments from Federal Reserve officials pointed to a slower pace of interest-rate cuts.
November 17, 2024
U.S. retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods, suggesting the
November 15, 2024
Just when Britain seemed to be moving beyond its inflation problem, the new government's spending splurge and the risk of a global trade war triggered by U.S.
November 15, 2024
The U.S. dollar was set for its biggest weekly gain in over a month on Friday, as markets reassessed expectations of future interest rate
November 15, 2024
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next
November 14, 2024
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climb
November 14, 2024
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along and that the abrupt slowdown in job
November 14, 2024
A European Central Bank rate cut last month was seen as an insurance move against unexpectedly low inflation but policymakers appear divided on the risk of excessively low price
November 14, 2024
British house prices rose in October at the fastest pace in more than two years, according to a survey that on Thursday that mostly reflected sentiment before finance minister Rachel
November 14, 2024
Banks raised $23.5 billion by issuing investment-grade bonds on Tuesday, the biggest debt issuance by financial institutions in a single day since the beginning of 2016, as
November 13, 2024
After a scare earlier this year that the U.S. labor market might be cooling too fast, some Federal Reserve policymakers are shifting their attention back to inflation risks as
November 13, 2024
U.S. consumer prices increased as expected in October, and progress toward bringing inflation down has slowed since mid-year, which could result in fewer interest rate cuts from the
November 13, 2024
U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low inflation has slowed in recent months
November 13, 2024
A look at the day ahead in U.S. and global markets by markets correspondent Naomi Rovnick. The ghosts of inflation past, present and future are haunting global markets on Wednesday as the U.S.
November 13, 2024
High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank of England forecasts over the medium term, BoE interest
November 13, 2024
Indonesia's growth and portfolio investment could be hit if planned policies of U.S.
November 13, 2024
European shares ended Wednesday on a dour note, with the STOXX 600 closing at a three-month low as rising energy shares countered real estate losses,
November 13, 2024
U.S. stocks drifted to a mixed finish after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates
November 13, 2024
Inflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021
November 12, 2024
Larry Summers sounds the alarm bell on inflation — before Trump even takes office
November 12, 2024
Australian business confidence rebounded to its highest in almost two years in October as sales proved resilient and pressure on input costs eased, a survey showed on Tuesday.
November 12, 2024
Japan's service-sector sentiment worsened and bankruptcy cases rose in October, data showed on Monday, casting doubt on the central bank's view the country was on
November 11, 2024
New Zealand's central bank will be under greater pressure to ease policy aggressively this month as its rate meeting calendar leaves an unusually long three-month gap until
November 11, 2024
Global money market funds attracted sharp inflows in the week to Nov. 6 as investors sought safety ahead of the U.S. presidential election and the Federal Reserve's policy meeting.
November 08, 2024
ANZ, Australia's No. 4 lender by mortgages, said annual profit tumbled as fierce competition ate away margins while late loan repayments surged,
November 07, 2024
Most central banks of the Gulf Cooperation Council (GCC) cut key interest rates on Thursday, following the Federal Reserve's decision to reduce
November 07, 2024
The number of Americans filing new applications for unemployment benefits rose slightly last week, suggesting no material change in the labor market and
November 07, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan World stocks and bond yields pushed higher after Donald Trump's clear U.S. election win and a collapse of Germany's coalition redrew
November 07, 2024
Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy
November 07, 2024
Why Trump’s return could spark another bout of inflation and delay interest rate cuts
November 06, 2024
U.S.
November 06, 2024
U.S.
November 06, 2024
By Michael S.
November 06, 2024
Canada's services economy expanded for the first time in five months in October as the amount of new business increased and confidence in the outlook improved, S&P
November 05, 2024
Pakistan's central bank cut its key policy rate by a record 250 basis points to 15% on Monday, exceeding expectations, as the country bid to revive a sluggish
November 04, 2024
The world is about to get some much-needed clarity on the US economy’s future
November 03, 2024
No one knows how Tuesday’s presidential election will turn out, but the Federal Reserve’s move two days later is much easier to predict: With inflation continuing to cool, the Fed is set to cut interest rates for a second time this year
November 03, 2024
A data-heavy week has kept the U.S.
November 01, 2024
Federal Reserve policymakers look all but certain to reduce short-term borrowing costs by a modest quarter of a percentage point at their policy meeting next week, their
November 01, 2024
U.S. job growth slowed sharply in October amid disruptions from hurricanes and strikes by aerospace factory workers, but the unemployment rate held steady at 4.1%, offering assurance that
November 01, 2024
British house prices rose by a marginal 0.1% in October, slowing sharply from a 0.6% monthly increase in September but the market remained resilient and was likely to gain momentum
November 01, 2024
The dollar rose against the euro and rebounded against most major currencies on Friday after traders digested data showing U.S. job growth
October 31, 2024
Ukraine's central bank kept its main interest rate unchanged at 13% on Thursday, in line with market expectations, and said it would remain cautious in the coming
October 31, 2024
Canada's economy is likely to miss the Bank of Canada's revised third-quarter forecast after a slew of temporary factors stalled gross domestic
October 31, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Cloudy outlooks from U.S. megacaps Microsoft and Meta combined with edgy government bond markets around the world to unsettle
October 31, 2024
The European Central Bank must avoid the risk of cutting interest rates too slowly and lowering inflation excessively, Governing Council Member Fabio Panetta said on Thursday.
October 31, 2024
The Bank of Japan maintained ultra-low interest rates on Thursday but said risks around the U.S. economy were somewhat subsiding, signalling that
October 30, 2024
Contracts to buy U.S. previously owned homes jumped by the most in more than four years in September on a mix of more attractive interest rates and improving inventory of properties for
October 30, 2024
A flood of money was expected to cascade from U.S. cash funds to riskier assets as interest rates began to tumble.
October 30, 2024
Thailand's policy interest rate is at an adequate level to address economic risks as the recovery is uneven, while the current
October 30, 2024
The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates
October 30, 2024
The Bank of Canada is starting to see the impact of its four rate cuts so far this year and expects to gather more evidence in the months ahead, Governor Tiff Macklem said on Tuesday
October 29, 2024
Hong Kong's home prices dropped for the fifth consecutive month in September, official data showed on Tuesday, in a struggling property market that realtors expect to bottom out
October 29, 2024
Rising technology stocks sent the Nasdaq composite to a record, but trading was mixed along the rest of Wall Street
October 29, 2024
The loss of Japan's ruling bloc's parliamentary majority has heightened prospects that a new government will need to ramp up spending and of potential
October 28, 2024
The European Central Bank should not be too hasty in adjusting policy, Bundesbank President Joachim Nagel said on Saturday after some of his colleagues made the case in recent
October 26, 2024
Here’s why mortgage rates are rising after the Fed’s rate cut
October 24, 2024
Three European Central Bank officials tried to cool market speculation on bigger interest rate cuts on Thursday, urging the ECB to proceed gradually or at least
October 24, 2024
The euro and Japanese yen strengthened on Thursday as the U.S. dollar paused after rallying to a nearly three-month high, with the greenback only briefly
October 24, 2024
South Korea's economy barely grew in the third quarter as consumer spending showed signs of recovery but exports declined, raising the chances for more stimulus to
October 23, 2024
Bank of Japan Governor Kazuo Ueda said on Wednesday it was "still taking time" to sustainably achieve its 2% inflation target, signaling that the central bank
October 23, 2024
South Africa's inflation dropped sharply in September, hitting its lowest level in more than three years and bolstering expectations for another interest rate cut by the
October 23, 2024
U.S. stocks fell as more steam came out of Wall Street’s huge, record-breaking rally
October 23, 2024
The dollar climbed above 153 against the yen for the first time in nearly three months on Wednesday on U.S. economic strength and an expected divergence among
October 23, 2024
U.S. and European interest rates have followed parallel paths this year, even as the regions' economic and inflationary outlooks have veered in different
October 22, 2024
Inflation in the euro zone has slowed to converge with the European Central Bank's 2% target and the risk now is undershooting the goal, ECB policymaker Mario Centeno told an event
October 22, 2024
All five members of the Bank of Israel's monetary policy committee voted on Oct. 9 to leave the benchmark interest rate unchanged at 4.5%, minutes of the discussion showed on
October 22, 2024
European stocks slipped on Tuesday, as investors navigated geopolitical and global interest-rate cut uncertainties, while German company
October 22, 2024
There are not yet enough indications that the euro zone's inflation could drift further down or up to change the European Central Bank's central scenario for further rate cuts, ECB
October 22, 2024
Australia's central bank has been surprised by the strength of employment growth, a top official said on Monday, adding policymakers remained ready to respond to changes in economic
October 21, 2024
Asking prices for British homes rose only marginally in October as more properties came onto the market, according a survey on Monday that also suggested some buyers were waiting
October 20, 2024
U.S. home builder confidence rose in October for the second consecutive month but volatile mortgage rates and low housing affordability continued to pose headwinds.
October 17, 2024
Seven of the 10 big developed-market central banks tracked by Reuters have now started easing policy, with expectations of how quickly each will move
October 17, 2024
U.S. retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars, supporting the view
October 17, 2024
The European Central Bank cut interest rates for the third time this year on Thursday in a nod to sluggish economic growth, some softening in an otherwise rock-solid labour market and
October 17, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan World markets struggled to find a footing on Wednesday after Europe's ASML sideswiped the global chip sector late yesterday with a
October 16, 2024
Thailand's central bank unexpectedly cut its key interest rate on Wednesday, saying the move brought rates a "neutral" level consistent
October 16, 2024
Economists expect inflation rates to stay above the European Central Bank's 2% target in the medium term, according to a survey published by Germany's Ifo institute on Wednesday, a day
October 16, 2024
A look at the day ahead in Asian markets.
October 15, 2024
UBS Global Research on Tuesday raised its year-end target for the benchmark S&P 500 index to 5,850 points from an earlier projection of 5,600, boosted by corporate profit growth,
October 15, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The U.S. bond market returns from holiday to find Wall Street stocks soaring ever higher to new records, with Big Tech and Big Banks
October 15, 2024
French consumer prices fell more than initially expected in September, the INSEE statistics agency said on Tuesday, revising the headline annual consumer price index to 1.4%, strengthening
October 15, 2024
A rapid divergence between euro zone and U.S. government bond markets is expected to continue, as an increasingly lacklustre European economy adds to the pressure
October 15, 2024
The U.S. dollar edged higher against most major currencies on Tuesday, resuming the latest uptrend that took it to more than two-month highs fueled by
October 15, 2024
The case for quarter-point U.S. interest rate cuts at upcoming Federal Reserve policy meetings appeared intact on Friday after a report showed producer prices were flat last month compared
October 11, 2024
A look at the day ahead in European and global markets from Tom Westbrook Friday's session brought a cautious mood to the markets, ahead of a smattering of data and an uncomfortable weekend.
October 11, 2024
Fed policymakers will be paying close attention to the latest data as their next policy meeting draws nearer.
October 10, 2024
Mortgage rates surged for the second-straight week after hitting two-year lows
October 10, 2024
The average rate on the popular U.S. 30-year mortgage rate increased to 6.32% this week, its largest one week increase since April, as a string of stronger-than-expected economic data
October 10, 2024
U.S. consumer prices rose slightly more than expected in September, but the annual increase in inflation was the smallest in more than 3-1/2 years, potentially keeping the Federal Reserve
October 10, 2024
Wall Street's main indexes closed lower on Thursday as investors looked to higher-than-expected inflation and unemployment claims for indications
October 10, 2024
Bank of Japan Deputy Governor Ryozo Himino said on Thursday the central bank will consider raising interest rates if the board has "greater confidence" that its
October 10, 2024
Britain's housing market recovered further last month, according to property surveyors who said house prices, sales and enquiries rose, but pressure in the rental sector intensified
October 09, 2024
The interest rate for the most popular U.S. home loan rose to 6.36% last week, marking the biggest weekly increase in more than a year after better-than-expected economic data caused
October 09, 2024
Wall Street stocks advanced on Wednesday with the S&P 500 and the Dow scoring record closing highs after the release of Federal Reserve meeting
October 09, 2024
The dollar just had its best week in two years, showing once again how dangerous it can be to bet against the U.S. currency if the rest of the world just won't let it
October 09, 2024
European Central Bank (ECB) policymaker Yannis Stournaras is backing two interest rate cuts this year and expects further easing in 2025 as inflation continues to trend lower, he told the
October 09, 2024
The Federal Reserve's 50-basis-point interest-rate cut last month was "timely" and was neither reactive, nor proactive, Fed Vice Chair Philip Jefferson said on Tuesday.
October 08, 2024
Euro zone inflation is on the decline but the European Central Bank must remain vigilant and ensure that price growth settles at its 2% target even over the medium term,
October 08, 2024
Brazil's consumer prices are expected to have risen in September after staying little changed in August, due partly to a severe drought which has hit agricultural output,
October 08, 2024
Japan's new economy minister, Ryosei Akazawa, said on Tuesday the government has trust in the central bank's decision on how soon to raise interest rates again, amid
October 08, 2024
U.S. stocks rebounded after falling oil prices released some of the pressure that built up on the market
October 08, 2024
The Bank of Korea will cut its key interest rate by 25 basis points to 3.25% on Friday, according to a majority of economists polled by Reuters
October 07, 2024
Japan's inflation-adjusted wages fell in August while household spending also declined, but analysts say underlying trends point to a gradual
October 07, 2024
Federal Reserve Bank of St.
October 07, 2024
The European Central Bank should proceed with caution on further interest rate cuts given inflation had not yet been overcome, Austrian central bank Governor Robert Holzmann told
October 07, 2024
Why a key borrowing rate is above 4% again
October 07, 2024
The Bank of Japan said broadening wage hikes were underpinning consumption and prodding more firms in regional areas to pass on rising labour costs, signalling the
October 07, 2024
The reverberations from a blowout U.S. employment number could threaten an assortment of trades predicated on falling interest rates, if
October 07, 2024
What a hot job market means for inflation
October 06, 2024
A surge in U.S. job growth has financial markets betting the Federal Reserve will follow last month's half-point interest rate reduction with smaller moves, and ignited a
October 04, 2024
The Philippines' inflation rate could settle around 3.2% this year, its finance minister said on Friday, giving room for the central bank to further cut rates.
October 04, 2024
Sudden ebbs and flows of inflation without equivalent hits to economic output may be a feature of a post-pandemic world of fragile supply chains - potentially requiring
October 04, 2024
America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and suggesting that the pace of hiring is still solid enough to support a growing economy
October 03, 2024
A look at the day ahead in Asian markets. What comes down must go up.
October 03, 2024
U.S. services sector activity jumped to a 1-1/2-year high in September amid strong growth in new orders, more evidence that the economy remained on a solid footing in the third
October 03, 2024
The downturn in Canada's services economy deepened in September as firms shed jobs and new business dropped to a near four-year low, S&P Global Canada services PMI
October 03, 2024
In today's digital and services-dominated economy, one might be forgiven for buying into the narrative that oil no longer has any real bearing on
October 03, 2024
Thailand's finance minister said he had met the central bank governor on Thursday and discussed the issue of high household debt
October 03, 2024
The Canadian dollar is forecast to extend its recovery against its U.S. counterpart in the coming year as lower borrowing costs bolster economic growth in Canada
October 03, 2024
U.S. stocks finished lower on Thursday ahead of Friday's monthly U.S. payrolls report and as investors kept a watchful eye on the growing conflict in the
October 03, 2024
Colombia's 12-month inflation is forecast to continue decelerating in September, despite the impact of a truckers' strike, according to a Reuters poll on
October 02, 2024
The U.S. dollar will hold steady in coming months despite an expected series of Federal Reserve interest rate cuts, according to median forecasts from FX
October 02, 2024
Euro area government bond yields rose on Wednesday, a day after long-dated yields posted their biggest daily fall since mid-June on concerns about economic growth.
October 02, 2024
Japan's $9 trillion bond market is bracing for disruption as a shortage of paper caused by the central bank's massive buying is expected
October 02, 2024
Kenya's inflation fell to 3.6% year-on-year in September from 4.4% a month earlier, the statistics office said on Wednesday.
October 02, 2024
By Michael S.
October 01, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's S&P500 kicks off the final quarter of a stellar 2024 from yet another record close notched on Monday - with odd quarter
October 01, 2024
Safe haven currencies strengthened on Tuesday as Iran launched missiles towards Israel, while the dollar also firmed on data showing a resilient U.S. labor market.
October 01, 2024
Bank of Japan policymakers discussed the need to go slow in raising interest rates as jittery markets clouded the outlook, a summary of their September meeting showed,
September 30, 2024
The pace of South Korea's export growth slowed in September, with shipments to the United States losing momentum, in an outcome that may support market expectations
September 30, 2024
What fueled this week’s record-breaking stock rally
September 27, 2024
A dual win for consumers: Inflation cooled last month, paving way for borrowing costs to come down more
September 27, 2024
The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce Department reported on Friday.
September 27, 2024
Canada's gross domestic product expanded at a faster-than-expected 0.2% rate in July, but an advance estimate indicated that growth likely
September 27, 2024
Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower interest rates by half of a percentage
September 27, 2024
The Reserve Bank of India (RBI) is expected to cut interest rates by a modest 50 bps over the next six months, according to a majority of economists in a Reuters
September 27, 2024
The Bank of Mexico lowered its benchmark interest rate by 25 basis points to 10.50% on Thursday, the second straight cut as price pressures have been easing in Latin America's
September 26, 2024
The average rate on a 30-year mortgage in the U.S. slipped this week to its lowest level in two years, boosting home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs
September 26, 2024
New orders for key U.S.-manufactured capital goods unexpectedly rose in August, though business spending on equipment appears to have lost momentum in the third quarter.
September 26, 2024
The number of Americans filing new applications for unemployment benefits dropped to a four-month low last week, suggesting that the labor market remained
September 26, 2024
With key central banks now aligned in cutting interest rates a real-time experiment is underway in how much the global financial
September 26, 2024
U.S. stocks rose to another record as financial markets around the world rallied again
September 26, 2024
Gold’s hitting new records again. Here’s what it means for the economy
September 25, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The unexpected downturn in U.S. household confidence this month and growing anxiety about jobs has spurred aggressive interest rate
September 25, 2024
The Federal Reserve's aggressive start of the easing cycle has rekindled inflation worries in the U.S. bond market, as some investors fear looser financial
September 25, 2024
U.S. stocks edged back from their records as financial markets around the world took a pause following big recent moves
September 25, 2024
Australian consumer price inflation slowed to a three-year low in August thanks to government rebates on electricity, while core inflation hit its lowest since early
September 25, 2024
South Korea's Finance Minister Choi Sang-mok said on Wednesday that the government's policy priority was more focused on tackling slowing domestic demand than rising household debt
September 25, 2024
The dollar bounced off a 14-month low against the euro on Wednesday in choppy trading, but investors held onto bets that the Federal Reserve will make another
September 24, 2024
A leading indicator of Japan's service-sector inflation held steady at 2.7% in August, data showed on Wednesday, underscoring the central bank's view that rising wages
September 24, 2024
American consumers are feeling less confident this month and concerns about jobs rose significantly
September 24, 2024
Americans are drowning in credit card debt. Trump’s proposed cap on interest rates probably won’t help
September 24, 2024
Drew Greenblatt loves that the Federal Reserve has cut interest rates.
September 24, 2024
U.S. stocks drifted to more records in a quiet day of trading
September 24, 2024
China's yuan hit a 16-month high against the U.S. dollar on Tuesday, after the central bank of the world's second-largest economy revealed new stimulus
September 24, 2024
A look at the day ahead in Asian markets.
September 23, 2024
Global stock indexes rose on Monday as Federal Reserve policymakers said last week's large interest rate cut was warranted, while the euro fell against the
September 22, 2024
A look at the day ahead in Asian markets.
September 22, 2024
With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it’s all but conquered inflation after three long years
September 22, 2024
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point interest rate cut this week, favoring a quarter-
September 20, 2024
What lower rates mean for markets
September 20, 2024
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
September 20, 2024
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
September 20, 2024
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
September 20, 2024
The dollar strengthened against the yen on Friday, hitting its highest level in two weeks, after the Bank of Japan left interest rates
September 19, 2024
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,
September 19, 2024
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
September 19, 2024
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
September 19, 2024
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
September 19, 2024
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
September 19, 2024
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
September 19, 2024
The number of Americans applying for unemployment benefits fell to their lowest level in four months last week
September 19, 2024
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
September 19, 2024
European stocks jumped on Thursday after the U.S.
September 19, 2024
Wall Street romped to records as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates
September 19, 2024
The relatively large rate cut signals that the Fed is shifting its focus from fighting inflation to supporting the labor market, an economist explains.
September 18, 2024
A look at the day ahead in Asian markets.
September 18, 2024
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
September 18, 2024
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
September 18, 2024
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
September 18, 2024
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