Many of Japan's biggest companies from tech conglomerates to Toyota have met union demands for substantial wage hikes for a third consecutive year, seeking to help
March 11, 2025
Hungary’s government is limiting the profit margin for grocers on a number of basic food items in response to growing inflation hitting consumers in the Central European country
March 11, 2025
U.S. small-business confidence dropped for a third straight month in February, wiping away much of the gains notched in the aftermath of President Donald Trump's election
March 11, 2025
Recent inflation outcomes in Sweden have been slightly higher than expected but it remains to be seen how much is due to temporary factors, Riksbank Governor Erik Thedeen said on
March 11, 2025
Japan's Economy Minister Ryosei Akazawa said on Tuesday the government will work closely with the Bank of Japan (BOJ) in reaching its 2% inflation target as rising
March 11, 2025
Waiting to break their fast during the Muslim holy month of Ramadan, clerics in the Indonesian town of Majalengka gathered for an unusual
March 11, 2025
Australian consumer sentiment hit a three-year high in March as slowing inflation and the first interest rate cut in over four years helped lift the gloomy mood for consumers, a
March 10, 2025
Argentine analysts held their forecasts for this year's inflation nearly steady, according to the central bank's market expectations survey published on Monday, predicting year-end
March 10, 2025
BlackRock CEO Larry Fink said on Monday that inflation in the United States will be elevated by nationalistic policies, including the
March 10, 2025
The Federal Reserve won't lower interest rates at its policy meeting next week, but could deliver the first of a set of rapid-fire reductions in borrowing costs in June if rising fears of
March 10, 2025
Bank of Israel policymakers are cautiously optimistic that inflation will ease later in 2025 in the wake of uncertainty stemming from the effects of Israel's war
March 10, 2025
By Michael S.
March 10, 2025
There are still plenty of upside risks to euro zone inflation, so the European Central Bank must remain open-minded on whether to press ahead with interest rate cuts or pause
March 10, 2025
Pakistan's central bank unexpectedly halted its easing cycle on Monday, keeping its key policy rate at 12%, saying there could still be price risks including from an
March 10, 2025
India's February consumer inflation likely eased below the Reserve Bank of India's medium-term target of 4.0% for the first time in six months on moderating food
March 10, 2025
Japan's real wages fell in January after two months of slight gains, data showed on Monday, days before the annual rounds of pay negotiations held each spring
March 09, 2025
Federal Reserve Governor Adriana Kugler said Friday it still remains challenging getting a handle on the impact of the Trump tariff regime, in a climate where these sorts of policies could
March 07, 2025
Federal Reserve Chair Jerome Powell said it remains to be seen if the Trump administration's tariff plans will prove to be inflationary, mapping
March 07, 2025
Morgan Stanley lowered its 2025 economic growth forecast for the United States on Friday, citing greater impact from tariffs and a still-tight labor market resulting in higher inflation.
March 07, 2025
U.S. Federal Reserve Governor Adriana Kugler said on Friday that rising inflation risks argue for an extended period of steady central bank interest rate policy.
March 07, 2025
Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos
March 07, 2025
European Central Bank policymaker Mario Centeno said on Friday he expects inflation to fall to its medium-term target of 2% in a sustainable manner since euro zone inflation is "
March 07, 2025
Democrats are hopeful their party's road to recovery lies in the price of eggs
March 07, 2025
There are upside and downside risks for inflation in Sweden and the central bank has to be watchful and ready to act if needed, Riksbank First Deputy Governor Anna Breman said on
March 07, 2025
Fast-moving developments on Ukraine and Europe will no doubt continue to dominate financial markets this week, while U.S. data includes key inflation numbers and China looks determined to
March 07, 2025
Japan has cleared the key threshold for the government to officially declare an end to long-term price deflation, economy minister Ryosei Akazawa said on Friday.
March 07, 2025
Inflationary pressure from wage gains and prolonged rises in food costs could prompt Bank of Japan board members to discuss another interest rate
March 07, 2025
By Michael S.
March 06, 2025
President Donald Trump’s trade war against America’s three biggest trading partners drew immediate retaliation from Mexico, Canada and China
March 04, 2025
Mortgage rates eased this week for the seventh week in a row, a trend that gives prospective home shoppers more financial flexibility just as the spring homebuying season gets going
March 06, 2025
The John Lewis Partnership and Currys on Thursday became the latest major British retailers to give their staff inflation-beating pay rises which only partly reflect a hike in the
March 06, 2025
Bank of England policymaker Catherine Mann said on Thursday a pick up in inflation was unlikely to lead to longer-term price problems in Britain's economy, and that
March 06, 2025
Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: Link to statement on ECB website: Good afternoon, the
March 06, 2025
U.S. worker productivity grew a bit faster than initially thought in the fourth quarter, helping to curb labor costs and providing a boost in the fight against inflation.
March 06, 2025
By Michael S.
March 06, 2025
The European Central Bank cut interest rates again on Thursday but warned of "phenomenal uncertainty" including the risk that trade wars and
March 05, 2025
The European Central Bank cut interest rates for the sixth time in nine months on Thursday, sticking to its easing plan in the face of economic upheaval from an unfolding trade
March 06, 2025
The European Central Bank cut interest rates as expected on Thursday and kept the door ajar to more, even as a looming trade war with the U.S. and plans to boost military spending
March 06, 2025
Turkey’s central bank has lowered its key interest rate by a further 2.5 percentage points days after official figures indicated a slowdown in inflation that has eroded households’ purchasing power
March 06, 2025
British companies expect to raise prices faster in the coming 12 months, and their expectations for staffing numbers eased due to a rise in employment costs in April, a Bank of
March 06, 2025
Will you pay more for gas under the new Canada tariffs? Depends on where you live
March 05, 2025
U.S. services sector growth unexpectedly picked up in February and prices for inputs increased, which combined with a recent surge in the cost of raw materials
March 05, 2025
Swiss inflation fell to its lowest level in nearly four years in February, government data showed on Wednesday, increasing the likelihood the Swiss central bank will cut rates later
March 05, 2025
Fact-checking Trump’s address to Congress
March 05, 2025
Trump visited their local grocery store during the campaign. They’re holding on to hope that prices fall
March 05, 2025
Monetary policy easing in Poland may begin in the second half of 2025, International Monetary Found (IMF) representative in Poland Geoff Gottlieb said on Wednesday during the
March 05, 2025
The euro zone economy trod water again last month as a weak expansion in the bloc's dominant services industry was overshadowed by a long-running downturn in manufacturing, a survey
March 05, 2025
British services firms in February cut staff at the fastest pace since 2020 ahead of tax and minimum-wage hikes that come into effect next month, an industry survey
March 05, 2025
Italy's campaign to put more of its huge public debt in the hands of small domestic savers will grow increasingly difficult, analysts say, but foreign investors lured
March 05, 2025
Growth in India's services sector accelerated in February, supported by robust demand and a firm business outlook that led to a substantial increase in
March 05, 2025
Just one in three Americans approve of President Donald Trump's handling of the cost of living in the U.S., a sign of unease as he enacts steep tariffs on imports
March 04, 2025
Discount retailer Ross Stores forecast annual sales and profit below estimates on Tuesday, joining its larger peers in indicating a dip in consumer demand due to rising inflationary
March 04, 2025
By Michael S.
March 04, 2025
A U.S. economy praised for its surprising resilience to a pandemic, high inflation, and rapid interest rate hikes faces a new challenge from President Donald
March 04, 2025
Target warned on Tuesday that uncertainty around tariffs would weigh on the retailer's profit in the first quarter and doubled down on sourcing more
March 04, 2025
The state of the US economy, in 9 charts
March 04, 2025
Australian retail sales posted a small gain in January after a strong showing in the last quarter as consumer spending continued to pick up amid a slowdown in
March 04, 2025
The CEO of Australia's biggest bank said on Tuesday the country’s easing cycle would be “slower and shallower” than what people had been expecting, predicting that further rate cuts
March 04, 2025
British retailers will likely push up their prices in the coming months in response to higher employment costs in April, according to a survey on Tuesday which
March 04, 2025
Wall Street's main stock indexes closed sharply lower on Monday after President Donald Trump announced the start of 25% tariffs
March 03, 2025
Euro zone inflation dipped a bit less than expected last month but its most closely watched component also dropped, sealing the case for another ECB interest
March 03, 2025
Japan's top currency diplomat, Atsushi Mimura, on Monday cautioned about foreign exchange moves and their negative impact on the country's goal of achieving real wage growth.
March 03, 2025
Turkish annual consumer price inflation slowed to 39.05% in February, official data showed on Monday, lower than a Reuters poll forecast and sustaining a downtrend since it peaked
March 03, 2025
Argentina’s libertarian president Javier Milei has signaled that a new and much-anticipated deal with the International Monetary Fund is imminent
March 02, 2025
Brazil's government is considering cutting import taxes on ethanol in a bid to appease U.S.
February 28, 2025
New data may point to emerging tension between the U.S.
February 28, 2025
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy
February 28, 2025
Malawi's government trimmed its economic growth forecast for this year in its annual budget on Friday as disgruntled citizens protested in major cities over rising
February 28, 2025
U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded
February 28, 2025
The U.S. Commerce Department's Personal Consumption Expenditures (PCE) price index increased 0.3% in January after advancing by an unrevised 0.3% in December, data showed on Friday.
February 28, 2025
Inflation is easing, but another alarm bell is ringing about the US economy
February 28, 2025
The Russian central bank is seen keeping the key interest rate on hold at 21% at its meeting on March 21 while the rouble is seen retreating
February 28, 2025
German inflation remained flat in February for the second month in a row at 2.8%, preliminary data from the federal statistics office showed on Friday, despite
February 28, 2025
By Michael S.
February 28, 2025
Purdue Pharma files new bankruptcy plan for $7.4 billion opioid settlement
Central banks take the limelight, briefly
Turkey detains Erdogan's main rival on array of charges
Bank of Korea's Chang says need to monitor household debt growth
Openly gay soccer player still faces online death threats
CBS' '60 Minutes' is unflinching in its White House coverage in the shadow of Trump's $20B lawsuit
March Madness: Davis perfect on six 3s as North Carolina routs San Diego State 95-68 in First Four