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

interest rates

Business|Economy|Finance|Stock Markets

Banks flood US debt market in biggest single-day raise since 2016, BMO says

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

Banks flood US debt market in biggest single-day raise since 2016, BMO says
Business|Economy|Finance|US

Fed officials wary of inflation risks as they weigh more rate cuts

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

Fed officials wary of inflation risks as they weigh more rate cuts
Economy|Finance|US

Oct CPI inflation up modestly, as expected

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

Oct CPI inflation up modestly, as expected
Economy|Finance|US

Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025

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

Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025
Business|Economy|Finance|Stock Markets

All eyes on CPI

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.

All eyes on CPI
Economy|Europe|Finance

Bank of England's Mann sees inflation pressure keeping rates high

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

Bank of England's Mann sees inflation pressure keeping rates high
Asia|Business|Economy

Indonesian bankers say growth, inflows could be hit by Trump's policies

Indonesia's growth and portfolio investment could be hit if planned policies of U.S.

Indonesian bankers say growth, inflows could be hit by Trump's policies
Business|Economy|Europe|Finance|Stock Markets|Technology|US

European shares edge lower as energy gains offset real estate, tech losses

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,

European shares edge lower as energy gains offset real estate, tech losses
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Wall Street drifts to a mixed finish after an inflation update

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

Stock market today: Wall Street drifts to a mixed finish after an inflation update
Economy|Finance

US inflation rose slightly last month after 2 years of steady cooling but remained low

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

US inflation rose slightly last month after 2 years of steady cooling but remained low
Business|Economy|Finance

Larry Summers sounds the alarm bell on inflation — before Trump even takes office

Larry Summers sounds the alarm bell on inflation — before Trump even takes office

Larry Summers sounds the alarm bell on inflation — before Trump even takes office
Business|Economy|Finance

Australia Oct business sentiment highest in nearly two years, NAB survey shows

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.

Australia Oct business sentiment highest in nearly two years, NAB survey shows
Business|Economy|Finance

Dampening corporate mood, rising bankruptcies cloud BOJ's rate hike path

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

Dampening corporate mood, rising bankruptcies cloud BOJ's rate hike path
Economy|Finance

RBNZ's unusually long summer break argues for extra insurance on rates

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

RBNZ's unusually long summer break argues for extra insurance on rates
Business|Election|Finance|US

Global money market funds saw large inflows on election caution

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.

Global money market funds saw large inflows on election caution
Australia|Business|Finance|Stock Markets

Australian lender ANZ's annual profit shrinks as late repayments rise

ANZ, Australia's No. 4 lender by mortgages, said annual profit tumbled as fierce competition ate away margins while late loan repayments surged,

Australian lender ANZ's annual profit shrinks as late repayments rise
Business|Economy|Finance|MidEast|US

Most Gulf central banks follow Fed lead and cut key interest rates

Most central banks of the Gulf Cooperation Council (GCC) cut key interest rates on Thursday, following the Federal Reserve's decision to reduce

Most Gulf central banks follow Fed lead and cut key interest rates
Business|Economy|Finance|US

US weekly jobless claims rise marginally; unit labor costs stir inflation fears

The number of Americans filing new applications for unemployment benefits rose slightly last week, suggesting no material change in the labor market and

US weekly jobless claims rise marginally; unit labor costs stir inflation fears
Economy|Election|Finance|Stock Markets|US|World

Fed and BOE decide as US House awaited, Germany jarred

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

Fed and BOE decide as US House awaited, Germany jarred
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Most of Wall Street rises after the Fed cuts interest rates

Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy

Stock market today: Most of Wall Street rises after the Fed cuts interest rates
Economy|Finance|US

Why Trump’s return could spark another bout of inflation and delay interest rate cuts

Why Trump’s return could spark another bout of inflation and delay interest rate cuts

Why Trump’s return could spark another bout of inflation and delay interest rate cuts
Economy|Election|Finance|Stock Markets|US

Trump's election victory puts Fed on path for fewer rate cuts

U.S.

Trump's election victory puts Fed on path for fewer rate cuts
Business|US|World

US yields post sharp gains as Trump victory triggers caution about deficits

U.S.

US yields post sharp gains as Trump victory triggers caution about deficits
Uncategorized

Markets more confident Fed balance sheet drawdown has room to run

By Michael S.

Markets more confident Fed balance sheet drawdown has room to run
Business|Economy

Canada's services PMI shows return to growth in October

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

Canada's services PMI shows return to growth in October
Business|Economy|Finance|World

Pakistan central bank cuts rates by record 250 bp, beating expectations

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

Pakistan central bank cuts rates by record 250 bp, beating expectations
Business|Economy|Finance|US|World

The world is about to get some much-needed clarity on the US economy’s future

The world is about to get some much-needed clarity on the US economy’s future

The world is about to get some much-needed clarity on the US economy’s future
Election|Finance|US

Federal Reserve is set to cut rates again while facing a hazy post-election outlook

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

Federal Reserve is set to cut rates again while facing a hazy post-election outlook
Business|Economy|Finance|US

Recent data has kept Fed rate view, soft landing, intact

A data-heavy week has kept the U.S.

Recent data has kept Fed rate view, soft landing, intact
Business|Economy|Finance|US

Fed seen on track for 25-basis-point rate cuts next week and in December 

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

Fed seen on track for 25-basis-point rate cuts next week and in December 
Business|Economy|US

Weak US Oct payrolls growth skewed by storms, strikes

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

Weak US Oct payrolls growth skewed by storms, strikes
Business|Economy|Finance

UK house prices edge up in October, Nationwide says

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

UK house prices edge up in October, Nationwide says
Business|Economy|Finance|US

Dollar rebounds after weak jobs data; traders eye US election

The dollar rose against the euro and rebounded against most major currencies on Friday after traders digested data showing U.S. job growth

Dollar rebounds after weak jobs data; traders eye US election
Business|Economy|Europe|Finance

Ukraine holds key rate at 13% as inflationary pressure grows

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

Ukraine holds key rate at 13% as inflationary pressure grows
Business|Economy|Finance|US

Canada's economy stalls in August; central bank's Q3 growth forecast in doubt

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

Canada's economy stalls in August; central bank's Q3 growth forecast in doubt
Business|Finance|Stock Markets|US

Megacaps spooked, world bonds on edge

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

Megacaps spooked, world bonds on edge
Business|Economy|Europe|Finance

ECB's Panetta warns rate policy mustn't push inflation too low

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.

ECB's Panetta warns rate policy mustn't push inflation too low
Asia|Business|Economy|Finance|Stock Markets

BOJ keeps policy steady, leaves door open for near-term rate hike

The Bank of Japan maintained ultra-low interest rates on Thursday but said risks around the U.S. economy were somewhat subsiding, signalling that

BOJ keeps policy steady, leaves door open for near-term rate hike
Economy|Finance|US

US pending home sales jump the most in more than four years, NAR says

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

US pending home sales jump the most in more than four years, NAR says
Business|Economy|Finance|US

Column-The peculiar 'no show' from US cash funds: Mike Dolan

A flood of money was expected to cascade from U.S. cash funds to riskier assets as interest rates began to tumble.

Column-The peculiar 'no show' from US cash funds: Mike Dolan
Asia|Economy|Finance

Thai policy rate adequate to handle risks, inflation target appropriate, central bank says

Thailand's policy interest rate is at an adequate level to address economic risks as the recovery is uneven, while the current

Thai policy rate adequate to handle risks, inflation target appropriate, central bank says
Economy|Finance|Stock Markets|US

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

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

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending
Business|Economy|Finance

Bank of Canada says it is starting to see impact of recent rate cuts

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

Bank of Canada says it is starting to see impact of recent rate cuts
Asia|Business|Economy|Finance

Hong Kong home prices decline for fifth month in Sept

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

Hong Kong home prices decline for fifth month in Sept
Asia|Business|Finance|Stock Markets|US

Stock market today: Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles

Rising technology stocks sent the Nasdaq composite to a record, but trading was mixed along the rest of Wall Street

Stock market today: Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles
Asia|Business|Economy|Finance|World

Japan's political shakeup complicates BOJ, fiscal policy outlook

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

Japan's political shakeup complicates BOJ, fiscal policy outlook
Economy|Europe|Finance

ECB's Nagel cautions against too hasty action on rates

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

ECB's Nagel cautions against too hasty action on rates
Business|Economy|Finance

Here’s why mortgage rates are rising after the Fed’s rate cut

Here’s why mortgage rates are rising after the Fed’s rate cut

Here’s why mortgage rates are rising after the Fed’s rate cut
US

Fed's Hammack: Work to bring inflation to target not complete

By Michael S.

Fed's Hammack: Work to bring inflation to target not complete
Business|Economy|Europe|Stock Markets

ECB hawks push back against bets on more and bigger cuts

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

ECB hawks push back against bets on more and bigger cuts
Economy|Finance|US

Euro, yen climb as dollar rally takes a breather

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

Euro, yen climb as dollar rally takes a breather
Asia|Economy

South Korea's economy barely grows in Q3 as exports slip

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

South Korea's economy barely grows in Q3 as exports slip
Asia|Business|Economy|Finance

BOJ chief says it is 'still taking time' to hit inflation goal

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

BOJ chief says it is 'still taking time' to hit inflation goal
Africa|Economy|Finance

South African inflation drops sharply, paving way for more rate cuts

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

South African inflation drops sharply, paving way for more rate cuts
Asia|Economy|Election|Finance|Stock Markets|US

Stock market today: Wall Street slumps to a rare 3-day losing streak

U.S. stocks fell as more steam came out of Wall Street’s huge, record-breaking rally

Stock market today: Wall Street slumps to a rare 3-day losing streak
Economy|Finance|US

Dollar continues rally, hits 3-month high vs yen

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

Dollar continues rally, hits 3-month high vs yen
Economy|Europe|Finance

US, Europe matching rate paths must diverge: McGeever

U.S. and European interest rates have followed parallel paths this year, even as the regions' economic and inflationary outlooks have veered in different

US, Europe matching rate paths must diverge: McGeever
Economy|Finance

ECB's Centeno sees risk of undershooting inflation goal, wants gradual, steady rate cuts

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

ECB's Centeno sees risk of undershooting inflation goal, wants gradual, steady rate cuts
Business|Economy|Finance|Stock Markets|World

Bank of Israel voted 5-0 to hold rates at October decision, minutes show

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

Bank of Israel voted 5-0 to hold rates at October decision, minutes show
Business|Europe|Finance|Stock Markets

European shares sag, SAP boosts tech stocks after forecast raise

European stocks slipped on Tuesday, as investors navigated geopolitical and global interest-rate cut uncertainties, while German company

European shares sag, SAP boosts tech stocks after forecast raise
Economy|Europe|Finance

No signs that euro zone inflation will deviate from current projections, ECB's Escriva says

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

No signs that euro zone inflation will deviate from current projections, ECB's Escriva says
Business|Economy|Finance

Australia central bank surprised employment is so strong, but not 'data obsessed'

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

Australia central bank surprised employment is so strong, but not 'data obsessed'
Economy|Europe|Finance

Asking prices for UK homes barely rise in October, Rightmove says

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

Asking prices for UK homes barely rise in October, Rightmove says
Business|Economy|US

US home builder confidence rises for second straight month

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.

US home builder confidence rises for second straight month
Business|Economy|Finance

Big central banks are firmly in rate-cut mode

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

Big central banks are firmly in rate-cut mode
Economy|Finance|US

Strong discretionary spending buoys US retail sales in September

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

Strong discretionary spending buoys US retail sales in September
Economy|Europe|Finance

ECB cuts rates as expected, says well on track to tame inflation

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

ECB cuts rates as expected, says well on track to tame inflation
Business|Economy|Europe|Finance|Stock Markets|Technology|US

Stocks stunned by ASML curveball, pound plunges

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

Stocks stunned by ASML curveball, pound plunges
Asia|Economy|Finance

Thai central bank delivers first rate cut since 2020, downplays political pressure

Thailand's central bank unexpectedly cut its key interest rate on Wednesday, saying the move brought rates a "neutral" level consistent

Thai central bank delivers first rate cut since 2020, downplays political pressure
Economy|Europe|Finance

Inflation expected to stay above ECB target in medium term, survey finds

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

Inflation expected to stay above ECB target in medium term, survey finds
Asia|Business|Economy|Finance|Stock Markets

Triple dose of central banks as tech, oil slump

A look at the day ahead in Asian markets. 

Triple dose of central banks as tech, oil slump
Business|Finance|Stock Markets

UBS lifts year-end target for S&P 500 to 5,850 points

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,

UBS lifts year-end target for S&P 500 to 5,850 points
Business|Finance|Stock Markets

Tech, banks spark new US records as China relapses

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

Tech, banks spark new US records as China relapses
Economy|Europe|Finance

French inflation slowed more than expected in September, INSEE says

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

French inflation slowed more than expected in September, INSEE says
Business|Economy|Finance|Stock Markets|US

European and US bonds rapidly diverge as economic wedge widens

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

European and US bonds rapidly diverge as economic wedge widens
Economy|Finance|US

US dollar continues uptrend as Fed policy provides lift

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

US dollar continues uptrend as Fed policy provides lift
Business|Economy|Finance|US

Traders keep bets on 25 basis point Fed rate cuts in November, December

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

Traders keep bets on 25 basis point Fed rate cuts in November, December
Business|Economy|Europe|Finance

Markets turn cautious before uncertain weekend

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.

Markets turn cautious before uncertain weekend
Business|Economy|Finance|US

US inflation rate fell to 2.4% in September − here’s what that means for interest rates and markets

Fed policymakers will be paying close attention to the latest data as their next policy meeting draws nearer.

US inflation rate fell to 2.4% in September − here’s what that means for interest rates and markets
Business|Economy|Finance

Mortgage rates surged for the second-straight week after hitting two-year lows

Mortgage rates surged for the second-straight week after hitting two-year lows

Mortgage rates surged for the second-straight week after hitting two-year lows
Economy|Finance|US

US 30-year mortgage rises to 6.32%, biggest weekly gain since April, Freddie Mac says

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

US 30-year mortgage rises to 6.32%, biggest weekly gain since April, Freddie Mac says
Economy|Finance|US

Instant view: Warm Sept CPI inflation chills outlook for dovish Fed

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

Instant view: Warm Sept CPI inflation chills outlook for dovish Fed
Business|Economy|Finance|Stock Markets|US

Wall Street ends slightly lower after higher than expected inflation, jobless claims

Wall Street's main indexes closed lower on Thursday as investors looked to higher-than-expected inflation and unemployment claims for indications

Wall Street ends slightly lower after higher than expected inflation, jobless claims
Asia|Business|Economy|Finance

BOJ will hike rates if it has more confidence in forecasts, says deputy governor Himino

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

BOJ will hike rates if it has more confidence in forecasts, says deputy governor Himino
Business|Economy|Europe

UK property market strengthens, pressure on renters intensifies, RICS says

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

UK property market strengthens, pressure on renters intensifies, RICS says
Economy|Finance|US

US 30-year mortgage rate jumps to 6.36%, biggest weekly gain in 15 months

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

US 30-year mortgage rate jumps to 6.36%, biggest weekly gain in 15 months
Business|Finance|Stock Markets|US

Equities rise after Fed minutes; inflation data and earnings in focus

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

Equities rise after Fed minutes; inflation data and earnings in focus
Economy|Finance|US

Column-Dollar won't fall as rest of world won't let it: Mike Dolan

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

Column-Dollar won't fall as rest of world won't let it: Mike Dolan
Business|Economy|Europe|Finance

ECB's Stournaras backs two quarter-point rate cuts in 2024, FT says

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

ECB's Stournaras backs two quarter-point rate cuts in 2024, FT says
Finance|Stock Markets|US

Fed Vice Chair Jefferson: Sept rate cut was 'timely'

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.

Fed Vice Chair Jefferson: Sept rate cut was 'timely'
Economy|Europe|Finance

Euro zone inflation on the decline but job not yet done, ECB's Nagel says

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,

Euro zone inflation on the decline but job not yet done, ECB's Nagel says
Americas|Economy|News

Brazil consumer prices seen higher in Sept as drought bites: Reuters poll

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,

Brazil consumer prices seen higher in Sept as drought bites: Reuters poll
Asia|Business|Economy|Finance

Japan trusts BOJ on monetary policy, economy minister says

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

Japan trusts BOJ on monetary policy, economy minister says
Business|Economy|Finance|News|Stock Markets|US

Stock market today: Wall Street rebounds after Hong Kong stocks fall to worst day since 2008

U.S. stocks rebounded after falling oil prices released some of the pressure that built up on the market

Stock market today: Wall Street rebounds after Hong Kong stocks fall to worst day since 2008
Business|Economy|Finance

Bank of Korea to kick off easing cycle with 25 bps cut on October 11: Reuters poll

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

Bank of Korea to kick off easing cycle with 25 bps cut on October 11: Reuters poll
Asia|Business|Economy|Finance|News

Fall in Japan's real wages, spending likely just minor bump for further BOJ hikes

Japan's inflation-adjusted wages fell in August while household spending also declined, but analysts say underlying trends point to a gradual

Fall in Japan's real wages, spending likely just minor bump for further BOJ hikes
Business|Economy|Finance|US

Fed's Musalem argues for more rate cuts, says data to drive easings

Federal Reserve Bank of St.

Fed's Musalem argues for more rate cuts, says data to drive easings
Business|Economy|Europe|Finance

ECB's Holzmann: inflation not yet defeated

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

ECB's Holzmann: inflation not yet defeated
Business|Economy|Finance

Why a key borrowing rate is above 4% again

Why a key borrowing rate is above 4% again

Why a key borrowing rate is above 4% again
Asia|Business|Economy|Finance|Stock Markets

BOJ highlights broadening wage, price gains but warns of risks

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

BOJ highlights broadening wage, price gains but warns of risks
Business|Economy|Finance|Stock Markets|US

How a rates rethink after strong US jobs data could shake up markets

The reverberations from a blowout U.S. employment number could threaten an assortment of trades predicated on falling interest rates, if

How a rates rethink after strong US jobs data could shake up markets
Business|Economy

What a hot job market means for inflation

What a hot job market means for inflation

What a hot job market means for inflation
Business|Economy|Finance|News|US

Fed seen slowing rate cut pace after strong US jobs data

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

Fed seen slowing rate cut pace after strong US jobs data
Asia|Business|Economy|Finance|News

Philippine inflation to settle around 3.2% in 2024, finance minister says

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.

Philippine inflation to settle around 3.2% in 2024, finance minister says
Business|Economy|News

Central banks set for 'forceful' hyperactivity?: Mike Dolan

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

Central banks set for 'forceful' hyperactivity?: Mike Dolan
Business|Economy|News|US

US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market

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

US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market
Asia|Business|Finance|News|Stock Markets

Oil's shadow over world markets darkens

A look at the day ahead in Asian markets. What comes down must go up.

Oil's shadow over world markets darkens
Business|Economy|News|US

US service sector activity accelerates to 1-1/2-year high; employment declining

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

US service sector activity accelerates to 1-1/2-year high; employment declining
Business|Economy|Finance|News|US

Canada's services PMI hits six-month low in September

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

Canada's services PMI hits six-month low in September
Business|Economy|Finance

The 2024 disinflation lesson: ignore oil at your peril: McGeever

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

The 2024 disinflation lesson: ignore oil at your peril: McGeever
Asia|Economy|Finance

Thai finance minister talks liquidity, debt woes with central bank chief

Thailand's finance minister said he had met the central bank governor on Thursday and discussed the issue of high household debt

Thai finance minister talks liquidity, debt woes with central bank chief
Business|Economy|Finance|News|Stock Markets|US

Canadian dollar expected to strengthen in 2025 as rate cuts boost economy: Reuters poll

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

Canadian dollar expected to strengthen in 2025 as rate cuts boost economy: Reuters poll
Business|Economy|Finance|News|Stock Markets|US

Indexes end lower ahead of US jobs data, Middle East still in focus

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

Indexes end lower ahead of US jobs data, Middle East still in focus
Economy|Finance

Colombia 12-month inflation seen slowing in September despite truckers' strike: Reuters poll

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

Colombia 12-month inflation seen slowing in September despite truckers' strike: Reuters poll
Business|Economy|Finance|US

Dollar to stay unfazed despite growing uncertainties: Reuters poll

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

Dollar to stay unfazed despite growing uncertainties: Reuters poll
Economy|Europe|Finance|Stock Markets

Euro area long-dated yields rise after sharp drop, geopolitics in focus

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.

Euro area long-dated yields rise after sharp drop, geopolitics in focus
Business|Economy|Finance

Futures in Japan face hangover from BOJ's bond-buying binge

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

Futures in Japan face hangover from BOJ's bond-buying binge
Africa|Economy|Finance|News

Kenya's inflation falls to 3.6% in Sept

Kenya's inflation fell to 3.6% year-on-year in September from 4.4% a month earlier, the statistics office said on Wednesday.

Kenya's inflation falls to 3.6% in Sept
Uncategorized

Fed liquidity tools see demand ease amid new repo market anxieties

By Michael S.

Fed liquidity tools see demand ease amid new repo market anxieties
Business|Finance|Stock Markets|US

Stocks kick off Q4 at record, euro inflation undershoots

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

Stocks kick off Q4 at record, euro inflation undershoots
Economy|Finance|News|Stock Markets|US|World

Safe havens gain as Iran fires missiles at Israel

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.

Safe havens gain as Iran fires missiles at Israel
Asia|Business|Economy|Finance|News|World

BOJ signals rate-hike pause after big Fed cut, market rout

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,

BOJ signals rate-hike pause after big Fed cut, market rout
Asia|Business|Economy|Finance

South Korea export momentum cools, led by slower U.S. shipments

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

South Korea export momentum cools, led by slower U.S. shipments
Business|Economy|Finance|News|Stock Markets

What fueled this week’s record-breaking stock rally

What fueled this week’s record-breaking stock rally

What fueled this week’s record-breaking stock rally
Economy|Finance|News

A dual win for consumers: Inflation cooled last month, paving way for borrowing costs to come down more

A dual win for consumers: Inflation cooled last month, paving way for borrowing costs to come down more

A dual win for consumers: Inflation cooled last month, paving way for borrowing costs to come down more
Economy|Finance|US

Instant view: August US PCE inflation cools to within reach of Fed target

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.

Instant view: August US PCE inflation cools to within reach of Fed target
Economy|News

Sputtering Canadian economy fuels calls for big rate cut

Canada's gross domestic product expanded at a faster-than-expected 0.2% rate in July, but an advance estimate indicated that growth likely

Sputtering Canadian economy fuels calls for big rate cut
Economy|Finance|News|US

Latest inflation data could boost case for more big Fed rate cuts

Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower interest rates by half of a percentage

Latest inflation data could boost case for more big Fed rate cuts
Business|Economy|Finance

RBI to keep repo rate at 6.50% in October, cut by 25bps in December: Reuters poll

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

RBI to keep repo rate at 6.50% in October, cut by 25bps in December: Reuters poll
Americas|Economy|Finance

Mexico central bank cuts interest rate by 25 basis points as inflation cools

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

Mexico central bank cuts interest rate by 25 basis points as inflation cools
Business|Economy|Finance|News|US

Average rate on a 30-year mortgage slips to 6.08%, lowest level in 2 years

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

Average rate on a 30-year mortgage slips to 6.08%, lowest level in 2 years
Business|Economy|Finance|US

US core capital goods orders rise in August

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.

US core capital goods orders rise in August
Business|Economy|Finance|News|US

Low weekly US jobless claims, robust corporate profits highlight economy's resilience

The number of Americans filing new applications for unemployment benefits dropped to a four-month low last week, suggesting that the labor market remained

Low weekly US jobless claims, robust corporate profits highlight economy's resilience
Business|Economy|Finance

Global hunt for neutral interest rate to shape finance costs

With key central banks now aligned in cutting interest rates a real-time experiment is underway in how much the global financial

Global hunt for neutral interest rate to shape finance costs
Business|Finance|News|Stock Markets|US

Stock market today: Wall Street ticks to another record as stocks worldwide rally

U.S. stocks rose to another record as financial markets around the world rallied again

Stock market today: Wall Street ticks to another record as stocks worldwide rally
Business|Economy|Finance|News

Gold’s hitting new records again. Here’s what it means for the economy

Gold’s hitting new records again. Here’s what it means for the economy

Gold’s hitting new records again. Here’s what it means for the economy
Business|Economy|Finance|Stock Markets|US

US confidence wobble weighs, China buoyed

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

US confidence wobble weighs, China buoyed
Business|Economy|Finance|US

Fed's bumper rate cut revives 'reflation specter' in US bond market

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

Fed's bumper rate cut revives 'reflation specter' in US bond market
Business|Economy|Finance|News|Stock Markets|US

Stock market today: Wall Street edges back from its record highs

U.S. stocks edged back from their records as financial markets around the world took a pause following big recent moves

Stock market today: Wall Street edges back from its record highs
Business|Economy|Finance

Australia inflation slows to 3-year low in August, core also trends lower

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

Australia inflation slows to 3-year low in August, core also trends lower
Economy|Finance|News

South Korea fin minister prioritises demand recovery over household debt

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

South Korea fin minister prioritises demand recovery over household debt
Business|Economy|Finance|US

Dollar rises from 14-month low, yuan dips

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

Dollar rises from 14-month low, yuan dips
Asia|Economy|Finance

Japan's corporate service inflation steady, BOJ focusing on Oct data

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

Japan's corporate service inflation steady, BOJ focusing on Oct data
Business|Economy|News|US

American consumers are feeling less confident as concerns about jobs take center stage

American consumers are feeling less confident this month and concerns about jobs rose significantly

American consumers are feeling less confident as concerns about jobs take center stage
News|US

Fed's Bowman: Lingering inflation risks warrant more cautious cuts

U.S.

Fed's Bowman: Lingering inflation risks warrant more cautious cuts
Business|Economy|Finance|News|Opinion|US

Americans are drowning in credit card debt. Trump’s proposed cap on interest rates probably won’t help

Americans are drowning in credit card debt. Trump’s proposed cap on interest rates probably won’t help

Americans are drowning in credit card debt. Trump’s proposed cap on interest rates probably won’t help
Business|Economy|Finance|US

Fed's rate cut offers limited relief for US factories facing China competition

Drew Greenblatt loves that the Federal Reserve has cut interest rates.

Fed's rate cut offers limited relief for US factories facing China competition
Business|Economy|Finance|News|Stock Markets|US

Stock market today: Wall Street drifts to more records after Chinese stocks soar

U.S. stocks drifted to more records in a quiet day of trading

Stock market today: Wall Street drifts to more records after Chinese stocks soar
Asia|Business|Economy|Finance|US

China's yuan surges to 16-month peak on new stimulus measures

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

China's yuan surges to 16-month peak on new stimulus measures
Asia|Business|Economy|Finance|News

Policy spotlight falls on RBA, BOJ's Ueda

A look at the day ahead in Asian markets.

Policy spotlight falls on RBA, BOJ's Ueda
Business|Economy|Finance|News|Stock Markets|US

Stocks climb, euro falls; Fed officials say large rate cut was warranted

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

Stocks climb, euro falls; Fed officials say large rate cut was warranted
Asia|Economy|News

Fed adrenaline keeps pumping, PBOC inertia may drag

A look at the day ahead in Asian markets.

Fed adrenaline keeps pumping, PBOC inertia may drag
Economy|Finance|US

The Fed sees its inflation fight as a success. Will the public eventually agree?

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

The Fed sees its inflation fight as a success. Will the public eventually agree?
Economy|Finance|News|US

Fed's Bowman says dissent on large rate cut based on above-target inflation data

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-

Fed's Bowman says dissent on large rate cut based on above-target inflation data
Business|Economy|Finance

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
Economy|Finance|News|Stock Markets|US

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
Economy|Finance|News|Stock Markets|US

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
Economy|Finance|News|US

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|Business|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|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|News|Stock Markets|US

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
Asia|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|Stock Markets|US

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
Business|Economy|Finance|US

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|News|US

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|News|Stock Markets|US

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
Business|Europe|Finance|News|Stock Markets|US|World

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
Business|Economy|Finance|Stock Markets|US

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
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|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|US

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

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
Economy|Finance|News|US

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
Economy|Europe|Finance|News

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|US

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|Stock Markets|US

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|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
Business|Finance|Stock Markets|US

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
Business|Economy|Finance|News|Stock Markets|US

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
Economy|Finance|US

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|Finance|News

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|News|US

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|Finance|US

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|Finance|Stock Markets|US

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|US

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
Business|Economy|Finance|News|Stock Markets|US

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|Europe|Finance

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|News|US

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|US

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
Economy|Finance|News|Stock Markets|US

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|Economy|Finance|Stock Markets|US

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|Business|Economy|Finance|News

China gloom vs Wall St vroom

A look at the day ahead in Asian markets.

China gloom vs Wall St vroom
Economy|Finance|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|Finance|US

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
Economy|Finance|US

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
Business|Economy|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
Economy|Finance

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
Americas|Business|Economy|Europe|Finance|News|US

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
Business|Economy|Finance|News|US

US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut

The U.S. dollar fell on Friday to its

US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut
Business|Economy|Europe|Finance|News

ECB cuts growth forecasts, still sees inflation at target in late 2025

The European Central Bank lowered its 2024 economic growth projection on Thursday but still sees inflation broadly in line with its 2% target by the end of 2025.

ECB cuts growth forecasts, still sees inflation at target in late 2025
Business|Economy|Europe|Finance

ECB cuts rates as growth and inflation slow

The European Central Bank cut its interest rates on Thursday, saying lower inflation and economic growth were allowing it to take its foot off the brake slightly.

ECB cuts rates as growth and inflation slow
Asia|Economy|Finance

Receiving swaps to get more profitable than adding bonds in India, BNP Paribas exec says

Indian investors should prioritize receiving bets on overnight indexed swaps over taking fresh long positions in bonds as potential gains from OIS are expected

Receiving swaps to get more profitable than adding bonds in India, BNP Paribas exec says
Business|Economy|Finance|News|Stock Markets|US

The first cut isn't always the deepest

A look at the day ahead in U.S. and global markets by Amanda Cooper. The first cut might be the deepest in some cases, but in the case of the Federal Reserve, it would seem not.

The first cut isn't always the deepest
Business|Europe|Finance|Stock Markets

European shares hit one-week high as ECB cuts interest rates

European shares jumped on Thursday after the European Central Bank (ECB) cut interest rates again as inflation hovers within striking distance of its 2%

European shares hit one-week high as ECB cuts interest rates
Business|Economy|Finance|News|Stock Markets|US

Stock market today: Wall Street climbs closer to its record high

U.S. stocks rose closer to their all-time highs following a couple reports on the economy that came in close to expectations

Stock market today: Wall Street climbs closer to its record high
Asia|Economy|Finance

Bank of Korea board member says growth, financial stability are key to rate cuts

A board member of South Korea's central bank said economic growth and financial stability are key factors for the monetary policy board to consider as it determines the timing and

Bank of Korea board member says growth, financial stability are key to rate cuts
Business|Finance|Stock Markets|US

Wall Street ends higher, gold hits record ahead of rate cuts

Wall Street eked out gains and gold surged to a record high on Thursday as investors awaited a Federal Reserve interest rate cut next week.

Wall Street ends higher, gold hits record ahead of rate cuts
Business|Economy|Finance|News

UK pay settlements lowest in nearly two years, IDR survey shows

Pay awards granted by British employers fell during the three months to July, according to a survey that chimed with an official gauge of cooling wage growth that

UK pay settlements lowest in nearly two years, IDR survey shows
Business|Economy|Europe|Finance

Inflation's down and the European Central Bank has cut rates, again. Next up: The Fed

With inflation subsiding, the European Central Bank is cutting its benchmark interest rate to prop up tepid growth with lower borrowing costs for companies and home buyers

Inflation's down and the European Central Bank has cut rates, again. Next up: The Fed
Economy|Finance|News|US

Small Aug CPI rise seen sealing 25 bp cut next week

U.S. consumer prices rose marginally in August, but underlying inflation showed some stickiness, which could discourage the Federal Reserve from delivering a half-point interest rate cut

Small Aug CPI rise seen sealing 25 bp cut next week
Business|Economy|Finance|News|US

Fed expected to deliver quarter-percentage-point rate cut next week

U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction, as they seek to reduce the odds of a recession

Fed expected to deliver quarter-percentage-point rate cut next week
Economy|Finance|News|US

US inflation trending lower, but some stickiness remains

U.S. consumer prices rose slightly in August, but underlying inflation showed some stickiness amid higher costs for housing and other services, further dashing

US inflation trending lower, but some stickiness remains
Business|Economy|Finance|Stock Markets|US

US banks extend fall as investors assess executives' sobering forecasts

U.S. bank stocks fell on Wednesday, extending declines after top executives warned of a slower-than-anticipated recovery in investment banking and an expected hit to

US banks extend fall as investors assess executives' sobering forecasts
Business|Europe|Finance|Stock Markets

FTSE 100 drops on Rentokil warning; U.S. inflation data weighs

The UK's benchmark FTSE 100 stock index ended lower on Wednesday, led by a decline in Rentokil shares after the pest control company warned on North

FTSE 100 drops on Rentokil warning; U.S. inflation data weighs
Economy|Finance|US

'Blunt' interest rates pose questions about Fed easing :Mike Dolan

If steep interest rate hikes failed to slow the U.S. economy much in recent years, it is reasonable to ask whether their reversal will prove as toothless in a downturn.

'Blunt' interest rates pose questions about Fed easing :Mike Dolan
Business|Economy|Finance|Stock Markets|Technology|US

Stock market today: Wall Street storms back from an early slide thanks to Nvidia and Big Tech

U.S. stock indexes stormed back from big early drops to finish higher, led by a handful of influential Big Tech companies

Stock market today: Wall Street storms back from an early slide thanks to Nvidia and Big Tech
Economy|Election|Finance|US

US inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates

The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the final weeks of the presidential race

US inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates
Business|Finance|Stock Markets|US

Calm returns as TV debate eyed, China angst

A look at the day ahead in U.S. and global markets from Mike Dolan Markets have recovered their poise this week on a potent mix of U.S. 'soft landing' hopes and interest rate cut speculation and now

Calm returns as TV debate eyed, China angst
Business|Economy|Europe|Finance|Stock Markets

German inflation falls to the lowest level in more than three years

German inflation fell to its lowest level in more than three years in August, a second estimate confirmed on Tuesday, making it easier for the European Central

German inflation falls to the lowest level in more than three years