Bank of Israel holds rates but leaves hope for cuts this year
The Bank of Israel kept short-term interest rates unchanged for a ninth straight meeting on Monday, but held out the prospect for further easing this year should
February 24, 2025The Bank of Israel kept short-term interest rates unchanged for a ninth straight meeting on Monday, but held out the prospect for further easing this year should
February 24, 2025Peru's gross domestic product (GDP) will likely expand by 4% this year and rank as the second-fastest growing economy in Latin America, a senior official told
February 24, 2025European Central Bank policymaker Pierre Wunsch said the euro zone faces the risk of "sleepwalking" into excessive interest rate cuts and must be prepared to stop soon, the Financial Times
February 24, 2025The Bank of Thailand (BOT) will keep its key interest rate unchanged on Wednesday and cut only once this year to preserve a policy buffer amid growing global
February 24, 2025The European Central Bank could cut its deposit rate down to 2% by this summer, said Bank of France head and ECB policymaker Francois Villeroy de Galhau in an interview published on
February 22, 2025Canada's retail sales in December grew by a robust 2.5% on a monthly basis, beating analysts' expectations, as a sales tax holiday bumped up spending on food and
February 21, 2025Business activity in Germany's private sector picked up slightly in February, driven by a steady performance in services and reduced drag from manufacturing,
February 21, 2025A further reduction in Thailand's policy interest rate would support inflation and improve the debt-servicing capacity of borrowers, the International Monetary Fund said.
February 21, 2025High-frequency data is consistent with the central bank's view that New Zealand's economy bottomed out in the middle of 2024 and started to slowly pick up in
February 21, 2025Japan's factory activity extended declines for an eighth straight month in February but at a slower pace, a private-sector survey showed on Friday, in a sign struggling factories may
February 21, 2025The Bank of Korea (BOK) will cut its key interest rate by 25 basis points on Tuesday, offering support to an economy which barely grew last quarter, according to
February 21, 2025The Bank of Israel is expected to leave short-term interest rates unchanged at a policy meeting next week after inflation spiked in January, although analysts
February 20, 2025Mexican President Claudia Sheinbaum said on Thursday that her government believes 2025 will be a good year for economic growth, despite the uncertainty created by the threat of
February 20, 2025Stubborn inflation and President Donald Trump's hard-line trade policies have rekindled fears of stagflation, a worrying mix of sluggish growth and
February 20, 2025By Michael S.
February 19, 2025The Bank of Mexico on Wednesday halved its growth forecast for the Mexican economy this year and even sees a possibility it will slide into a recession,
February 19, 2025Ant Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field.
February 19, 2025Indonesia's central bank kept interest rates steady on Wednesday, emphasizing its focus on stabilising the rupiah currency amid global
February 19, 2025Vietnam's National Assembly on Wednesday approved raising the economic growth target for this year and backed major infrastructure projects, including a rail link to China and the
February 19, 2025When President Xi Jinping hosted entrepreneurs at a rare meeting in Beijing in 2018, the executives granted coveted front-row seats came
February 18, 2025Singapore offered broad support for workers and businesses, as well as assistance with living costs, with the economy bracing for a rise
February 18, 2025Thailand's government will push for 3.5% economic growth this year and will seek to work closer with the central bank to support small businesses, Prime Minister Paetongtarn
February 18, 2025‘Everyone must go!’: New Zealand’s latest tourism campaign sparks ridicule
February 17, 2025Bank of England Governor Andrew Bailey said in an interview published on Monday that inflation was slowing and an expected pick-up in price growth later this year was unlikely to
February 17, 2025U.S. retail sales dropped by the most in nearly two years in January, likely weighed down by frigid temperatures, wildfires and motor vehicle shortages,
February 14, 2025Sri Lanka's headline inflation is expected to peak around 2 percentage points above the central bank's target in the second quarter of 2026, the bank said in a monetary policy
February 14, 2025As Germany heads to the polls next week, the message from investors is clear: it is the one big economy with room to
February 14, 2025Singapore's government is expected to focus on cost of living issues, housing and employment in next week's budget, as it heads towards an election buoyed by
February 14, 2025Easing inflation has opened the door for the Reserve Bank of Australia to begin an anticipated brief series of interest rate cuts, starting with a quarter
February 14, 2025New Zealand's central bank will follow through on plans to cut interest rates more with a 50 basis-point reduction on Wednesday to 3.75%,
February 13, 2025Rwanda's central bank kept its key interest rate unchanged at 6.5% for the second monetary policy meeting in a row, saying that despite a recent pickup in
February 13, 2025Britain entered a rare deficit in its goods trade with the United States at the end of last year, according to data published on Thursday that London will hope bolsters its
February 13, 2025Brazil's government on Thursday lowered its economic growth forecast for this year to 2.3%, down from a previous estimate of 2.5% in November, as the economy slows from last
February 13, 2025The Bank of England needs to move cautiously with cutting interest rates because the long process of wrestling down inflation is not yet
February 13, 2025Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner the Federal
February 12, 2025Services activity in Brazil ended 2024 on a negative note despite notching its fourth consecutive year of gains, with the sector unexpectedly slipping in December as the local
February 12, 2025India's new central bank chief Sanjay Malhotra is likely to take a growth-supportive approach over the next few months, as he joins Prime Minister
February 12, 2025South Korea's acting President Choi Sang-mok on Wednesday said he hoped for a swift agreement within the country's parliament on an extra budget to support an economy
February 12, 2025JPMorgan Chase's investment banking fees have grown by a mid-teens percentage so far in the first quarter as clients' economic optimism grows,
February 11, 2025Ken Griffin, founder and CEO of investment firm Citadel, said on Tuesday that U.S.
February 11, 2025Poland is likely to see total investment of more than 650 billion zlotys ($160 billion) in 2025, Prime Minister Donald Tusk said on Monday, as
February 10, 2025Botswana's economy is forecast to grow 3.3% this year after a contraction in 2024, due to an expected recovery in the global diamond market, its
February 10, 2025India's consumer inflation likely fell sharply to a five-month low of 4.60% in January from 5.22% in December on slowing food price rises, according to
February 10, 2025Mexico's inflationary environment is expected to allow policymakers to keep cutting the benchmark interest rate, the head of the Bank of Mexico told Reuters
February 10, 2025New Zealand will relax visa rules to attract more foreign investors, in efforts to stimulate economic growth, its centre-right government said on Sunday.
February 09, 2025The U.S.
February 07, 2025Data shows a healthy US job market. Trump disagrees — and blames Biden
February 07, 2025U.S. wholesale inventories fell in December amid strong sales growth, government data showed on Friday.
February 07, 2025The European Central Bank may still be several interest rate cuts away from the level where it stops holding back economic growth, it said in a paper on Friday, though it
February 07, 2025Global wheat imports are likely to drop this year as slowing economic growth among top buyers, a stronger greenback and higher local
February 07, 2025Thailand is targeting economic growth of 3.5% this year, supported by tourism, foreign investment and government stimulus, a deputy finance minister said on Friday.
February 07, 2025Singaporean banks are set to report stronger profits for the fourth quarter, but growth could take a hit this year as U.S.
February 07, 2025The Reserve Bank of India (RBI) cut its key interest rate for the first time in nearly five years on Friday, as it seeks to boost the sluggish
February 07, 2025China's new yuan loans likely surged in January compared to December but still remained below the record level hit a year earlier, a Reuters poll showed
February 07, 2025The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide stimulus to the sluggish economy, which is projected to grow at its
February 07, 2025The world's leading central bank umbrella group, the Bank for International Settlements, has delivered its first public warning about the risks posed by U.S.
February 07, 2025Argentine analysts nudged down their forecasts for this year's inflation, according to the central bank's market expectations survey published on Thursday, while also turning slightly more
February 06, 2025A look at the day ahead in Asian markets.
February 06, 2025The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp upward revision to its inflation forecasts for this year will prove temporary.
February 06, 2025The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would
February 06, 2025German industrial orders rose significantly more than expected in December due to substantial growth in large-scale orders such as aircraft, ships, trains and military vehicles, the
February 06, 2025The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the COVID-19 pandemic in 2020, as it
February 06, 2025The Czech Republic’s central bank has cut its key interest rate again amid higher than expected inflation
February 06, 2025The European Central bank may need to cut interest rates below a neutral level to stimulate economic growth as inflation is at risk of falling
February 05, 2025Italy's growth this year and next will be weaker than the government's official targets, the country's budget watchdog said on Wednesday, casting a shadow over
February 05, 2025Italy's services sector grew marginally in January but underlying demand conditions remained weak and employment levels decreased, a survey showed on Wednesday.
February 05, 2025Euro zone business activity returned to growth at the start of the year after two months of contraction as demand stabilised, a survey showed on Wednesday.
February 05, 2025Germany's service sector began 2025 on a positive note, with business activity growth reaching a six-month high and employment seeing a modest rise, a survey showed on Wednesday.
February 05, 2025Russia's services sector saw its fastest growth in a year in January, buoyed by a sharp increase in new business, a survey showed on Wednesday.
February 05, 2025Indonesia's economy grew 5.03% in 2024, roughly similar to the previous year's rate and in line with expectations, but the pace was the
February 05, 2025Thailand's government will implement the third phase of its 450 billion baht ($13.4 billion) stimulus scheme in the second quarter of 2025, and will also discuss more measures
February 05, 2025China's services activity expanded at a slower pace in January, with the Lunar New Year holidays worsening employment, but business sentiment improved, a private sector survey
February 05, 2025Japan's service activity expanded for a third straight month in January, helped by a rebound in new export business on Asian demand, a private-sector survey showed on Wednesday.
February 05, 2025Private sector analysts expect the Mexican economy to grow 1.00% this year, a slight drop from their December forecast, a Mexican central bank survey showed on Tuesday.
February 04, 2025Egypt's non-oil private sector expanded in January, marking its best performance in over four years and its first growth since August as output and sales volumes increased, a
February 04, 2025Australian household spending rose for a third straight month in December due to higher discretionary spend, data showed on Tuesday, suggesting consumption is picking up after a
February 04, 2025U.S.
February 03, 2025European Central Bank policymaker Gediminas Simkus said on Monday he expected an interest rate cut in March and "a couple more" in the following months.
February 03, 2025Spain's manufacturing sector lost momentum at the start of 2025, as both output and new orders rose at a much slower pace than in December, a survey showed on Monday.
February 03, 2025Hong Kong's economy increased in the fourth quarter by 2.4% from a year earlier, official advance estimates showed on Monday, expanding for an eighth quarter.
February 03, 2025European Central Bank interest rates have room to fall further given weak growth and a slowdown in inflation, but uncertainty is so high that any more precise guidance on rates
February 03, 2025Australian retail sales dipped in December as pay back for a Black Friday splurge the month before, but discounting helped shoppers make a desperately-needed
February 03, 2025French Prime Minister Francois Bayrou urged the European Central Bank to cut rates faster to help bolster economic growth in Europe now that inflation is back to normal levels,
February 01, 2025India cut personal income tax rates for some individuals in a bid to boost consumption across Asia's third-largest economy, which is projected to grow at its slowest pace in four
February 01, 2025India slashed personal tax rates in its annual budget on Saturday, as the world's fifth largest economy focuses on
February 01, 2025Bridging the Divide: How Smaller Communities Can Thrive in the Tech Economy
January 31, 2025Portugal's budget surplus plunged by 95% in 2024 after Prime Minister Luis Montenegro's government cut taxes for families and businesses and raised wages and pensions to boost the
January 31, 2025U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, suggesting the Federal Reserve would
January 31, 2025Indonesia's additional budget of 100 trillion rupiah ($6.14 billion) for its programme to give free meals to school children this year will add nearly 2 percentage points to the
January 31, 2025European Central Bank policymakers backed further policy easing on Friday just a day after the bank's fourth straight rate cut, despite fresh surveys pointing to
January 31, 2025Thailand's economic growth may falter at under 2.9% this year after a weaker-than-expected fourth quarter despite a
January 30, 2025The European Central Bank cut interest rates on Thursday and policymakers guided for a further reduction in March as concerns over
January 29, 2025A further European Central Bank interest rate cut is likely to go through in March without much resistance among policymakers before the debate between them on further easing
January 30, 2025Greece's economy is projected to grow 2.1% in 2025, mainly driven by investment, the International Monetary Fund mission said on Thursday, adding that any crisis in major euro area
January 30, 2025Traders grew more confident on Thursday that the European Central Bank would deliver three more rate cuts this year, as weak growth data followed
January 30, 2025The US economy just had another robust year
January 30, 2025The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about
January 30, 2025The Philippine economy expanded a lower than expected 5.2% in the fourth quarter from a year earlier, official data showed on Thursday, weighed down
January 30, 2025The Federal Reserve left interest rates in the 4.25% to 4.50% target range on Wednesday and gave little insight into when further easing may take place in an economy where inflation remains
January 29, 2025More Indians are becoming less hopeful about their quality of life as stagnant wages and higher living costs cloud future prospects, a survey showed, in disappointing news for
January 29, 2025British finance minister Rachel Reeves is expected to back the expansion of Heathrow Airport on Wednesday, turning to the country's most controversial infrastructure project in her
January 28, 2025U.K. Treasury chief Rachel Reeves says that the new Labour government is backing the construction of third runway at London’s Heathrow Airport
January 29, 2025Peru, the world's no. 2 copper exporter, plans to issue up to three sovereign bonds this year to finance its ballooning fiscal deficit after economic growth edged
January 29, 2025Britain's Labour government will back the construction of a third runway at London's Heathrow Airport to boost trade and economic growth, finance
January 29, 2025Sweden's central bank cut its key policy rate to 2.25% from 2.50% as expected on Wednesday to boost sluggish economic growth and said its forecast for interest rates held though
January 29, 2025The Bank of Japan will likely raise interest rates again around June or July, and seek to triple its policy rate to at least 1.5% in the next two
January 28, 2025Canadian wholesale trade most likely rose 0.1% in December from November, largely driven by higher sales in the motor vehicle and motor vehicle parts and accessories subsector,
January 27, 2025Russia could face a wave of corporate bankruptcies this year as the share of enterprises with risky levels of debt in total corporate revenue doubled in 2024, a leading think tank
January 27, 2025China's January non-manufacturing activity grew but at a slower pace than in December, an official survey showed on Monday, suggesting policymakers need to introduce even more
January 27, 2025British industry and energy minister Sarah Jones said that meetings in Davos this week with CEOs considering where to make their
January 24, 2025General Motors reports its fourth-quarter financial results on Tuesday, The Federal Reserve wraps up its two-day policy meeting on Wednesday and on Thursday the Commerce Department issues its first estimate of how the U.S. economy performed in the final quarter of 2024
January 24, 2025The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut
January 24, 2025China's factory activity likely expanded for a fourth month in January, highlighting the supply-side strength of the world's No.2 economy, which is bracing for U.S. tariff hikes
January 24, 2025China's fiscal revenue in 2024 grew 1.3% from a year earlier, slowing sharply from a 6.4% rise in 2023, finance ministry data showed on Friday, as a protracted property market slump
January 24, 2025France's services sector shrank further in January as businesses faced weak demand and political uncertainty, according to a closely-watched business survey by S&P Global published
January 24, 2025Euro zone business began the new year with a modest return to growth as stable services activity in January was complemented by an easing of the long-running
January 24, 2025Nigeria needs to double economic growth within the next year or two from an annualized rate of 3.5% in the third quarter to lift its population out of
January 23, 2025Canada's retail sales were flat in November as consumers purchased less from supermarkets, grocery stores, alcohol outlets and furniture shops but the numbers
January 23, 2025The head of Bangladesh's interim government, Nobel laureate Muhammad Yunus, said on Thursday that his country's high growth under
January 23, 2025Singapore's key consumer price gauge rose 1.8% in December from a year earlier, more than economist forecasts and the lowest in more than three years, official
January 23, 2025New Zealand will relax rules to lure foreign investment, Prime Minister Christopher Luxon said on Thursday, as his centre-right government tries to spur economic growth and boost jobs.
January 23, 2025The South African Reserve Bank will trim its repo rate next week by a quarter of a percentage point to 7.50% and repeat that in March, but then delay its final
January 23, 2025A speech by U.N. Secretary-General Antonio Guterres criticizing fossil fuel use and warning of the perils of artificial intelligence has headlined the agenda at the World Economic Forum’s annual event in Davos
January 22, 2025British finance minister Rachel Reeves has forced out the chairman of the country's competition watchdog, saying he did not agree with her views on how to speed up the country's
January 22, 2025Britain's government should set out what failures would be acceptable if regulations are eased in the push for economic growth, the bosses of the Financial Conduct
January 22, 2025The Bank of Israel could reduce short-term interest rates one or two times in the second half of 2025 as long as inflation moves back below 3%, Governor Amir Yaron
January 22, 2025U.S.
January 21, 2025After two years of progress on inflation and surprisingly persistent economic growth, the Federal Reserve next week meets with one eye on new Trump
January 21, 2025Economists are split on whether Singapore's central bank will loosen monetary policy this week or leave its settings unchanged to wait to see what policies U.S.
January 21, 2025Nigeria plans to rebase its gross domestic product and inflation data by the end of the month to capture changes in certain sectors of the economy and to reflect current consumption
January 20, 2025The Bank of England (BoE) is open to discussions with Britain's government about new ways to help boost economic growth by paring back regulatory requirements for the financial
January 20, 2025Guyana's economy achieved its fifth consecutive year of double-digit growth in 2024, expanding 43.6% as oil output and exports showed solid
January 17, 2025China notified the International Monetary Fund on Thursday that its economy grew by 5% in 2024, IMF Chief Economist Pierre-Olivier Gourinchas told reporters,
January 17, 2025Britain's finance watchdog told the government on Friday that it would "take greater risks" to support its drive for more economic growth
January 17, 2025As investors seek assets that will shine under a Donald Trump presidency, one corner of the U.S. stock market expected to benefit from the Republican's policies
January 17, 2025China's commerce ministry kicked off subsidised auto trade-ins on Friday, extending a program likened to the U.S. "cash-for-clunkers" stimulus that had bolstered China's car sales
January 17, 2025Investors who had been enjoying a brief rebound in long-suffering UK markets are hunkering down for a stretch of losses as
January 17, 2025Finance minister Rachel Reeves has urged Britain's regulators to remove barriers to economic growth, tasking them with creating a regulatory environment that boosts investment and
January 16, 2025J.P.Morgan estimated spending on data centers could contribute between 10-20 basis points to U.S. economic growth in 2025-2026 as technology companies race to benefit from
January 16, 2025U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing to strong demand in the economy and further
January 16, 2025American consumers wrapped up the year in a spending mood, shopping for all sorts of merchandise from furniture to clothing, and eating out at restaurants, according to the latest government snapshot
January 16, 2025U.S. business inventories rose marginally in November, suggesting that restocking will probably not contribute to economic growth in the fourth quarter.
January 16, 2025Greece has received 18 billion euros ($18.5 billion) in grants and loans from the European Union's Recovery Fund since 2021, equivalent to about 8% of its economic output, the
January 16, 2025Britain's finance minister Rachel Reeves said on Thursday she would press regulators on what more her government can do to deliver growth after data showed the country's economic
January 16, 2025South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday and signalled it needs to wait for the domestic political
January 16, 2025Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas Maduro told lawmakers in an annual address to the national assembly and other
January 15, 2025Provisional indicators point to Portugal's economic growth having accelerated in the fourth quarter, giving the government greater confidence that this year's
January 15, 2025Spain expects even more tourists to flock to the country in 2025 after an estimated record 94 million foreigners visited last year, 10% more than in 2023, Tourism Minister Jordi
January 15, 2025Indonesia's central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing to prop up growth in Southeast Asia's
January 15, 2025President Joe Biden's tenure in the White House is ending with a gulf between his policy record and his public reputation
January 14, 2025Italian industrial output was marginally stronger than expected in November, rising 0.3% from the month before, data showed on Tuesday, but the country's manufacturing sector
January 14, 2025China's economic growth is likely to slow to 4.5% in 2025 and cool further to 4.2% in 2026, a Reuters poll showed, with policymakers poised to roll out fresh stimulus
January 14, 2025India plans to project higher economic growth for the next fiscal year, two government officials with direct knowledge of the matter said, adding that fiscal
January 14, 2025The European Central Bank will keep cutting interest rates and should end policy restriction in the coming months, but looming trade tariffs, which may not even be effective,
January 14, 2025China's exports gained momentum in December, with imports also showing recovery, though strength at the year-end was in part fuelled by
January 13, 2025China has ample fiscal policy space and tools to support economic growth this year and it will step up spending to spur investment, Vice Finance Minister Liao Min said on Friday.
January 10, 2025India's industrial output growth hit a six-month high of 5.2% year-on-year in November helped by a strong rise in output of consumer durables and capital goods, government data
January 10, 2025Malaysia's industrial production rose 3.6% from a year earlier in November, above market expectations, government data showed on Friday.
January 10, 2025British households' expectations for inflation rose in December, according to a survey published on Thursday that may add to concerns among investors about the slow pace of future
January 09, 2025Euro zone retail sales grew less than expected in November, confirming that consumption remains in the doldrums and adding to a recent string of gloomy data about the health of
January 09, 2025U.S. wholesale inventories fell 0.2% in November, as initially estimated last month, amid sharp declines in stocks of long-lasting manufactured goods like motor vehicles and
January 08, 2025Tanzania's central bank left its key interest rate unchanged at 6% on Wednesday, holding it steady for a third consecutive policy meeting, with an aim of
January 08, 2025China has expanded the scope of a consumer goods trade-in scheme and will give more subsidies for digital purchases this year, in an effort to revive sluggish domestic demand, an
January 08, 2025After world-beating economic growth last year, India's policymakers are scrambling to head off a sharp slowdown as worsening global conditions
January 08, 2025Job vacancies in Australia rebounded in the November quarter to break nine straight quarters of declines, data showed on Wednesday, in a further sign of resilience in the labour
January 08, 2025The Bank of Japan will likely keep raising interest rates in the coming years as inflation appears on track to sustainably hit its 2% target, said former governor
January 08, 2025Argentina's economy is seen expanding by 4.5% in 2025 while the country's inflation rate is estimated to end this year at 25.9%, according to the average forecast of analysts
January 07, 2025Fitch Ratings on Tuesday upgraded its rating for El Salvador to B- from its prior CCC+ status, along with a stable outlook, citing a reduction in financing needs helped by a recently
January 07, 2025Euro zone inflation accelerated in December, an unwelcome but anticipated blip that is unlikely to derail further interest rate cuts from the European Central Bank.
January 07, 2025Brazil's Finance Minister Fernando Haddad said on Tuesday that the country's economic growth likely hit 3.6% in 2024, while the primary deficit for the year is
January 07, 2025Brazil's federal tax revenue posted double-digit growth in November, the revenue service said on Tuesday, maintaining the strong momentum seen this year as the government works to
January 07, 2025Kenya's economic growth slowed in the third quarter of 2024 from the same period a year earlier due to underperformance in most sectors of the economy, the statistics office said
January 07, 2025The number of foreclosed homes in China rose in 2024 from the previous year, a private-sector survey showed on Tuesday, heightening concerns about mortgage delinquencies amid a
January 07, 2025