A tectonic shift in German fiscal policy has compounded uncertainty for traders trying to bet on how fast the European Central Bank will cut rates
March 06, 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
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
European Central Bank policymakers see a growing chance of a pause in their easing cycle at their next meeting before rates come down again, once they have greater clarity about
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 is cutting interest rates by a quarter percentage point, lowering credit costs for consumers and businesses to support an economy that is struggling to show solid growth
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
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
A look at the day ahead in European and global markets from Ankur Banerjee As trade tensions simmer and investors contend with Germany ripping up its fiscal rulebook, the European Central Bank is
March 06, 2025
South Korea's consumer inflation softened in February for the first time in four months, government data showed on Thursday, providing at least some relief to policymakers looking to
March 06, 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
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
Parts of the U.S.
March 04, 2025
Speculators have mounted their biggest ever wager that the Japanese yen will continue to rise as they position for further Bank of Japan interest rate hikes, an
March 03, 2025
(Opinions expressed are those of the author.) By Mike Dolan A look at the day ahead in U.S. and global markets from Mike Dolan.
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
The Swiss National Bank will not refrain from using interest rates and currency interventions to steer monetary policy despite the risk of being branded a "currency manipulator" by
March 01, 2025
Canada recorded a slight drop in its budget deficit to C$21.72 billion ($15.05 billion) for the first nine months of the 2024/25 fiscal year as government revenues increased
February 28, 2025
New data may point to emerging tension between the U.S.
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
By Michael S.
February 28, 2025
Canada's gross domestic product in the fourth quarter expanded by 2.6% on an annualized basis, surpassing widespread expectations, as a jump in consumer spending
February 28, 2025
A centre-right candidate in Poland's presidential election on Friday became the second contender in the race to call for lower interest rates, after the central
February 28, 2025
Euro zone inflation prospects improved while growth remained anaemic, fresh data showed on Friday, solidifying the case for further ECB rate cuts to stimulate an economy that has
February 28, 2025
Turkey's economy grew 3.0% year-on-year in the fourth quarter of 2024, bringing full-year growth to 3.2%, official data showed on Friday, exceeding forecasts
February 28, 2025
China's banks are cutting the interest rates offered on U.S. dollar deposits after being asked to do so by the central bank, possibly to curtail dollar hoarding and also prop up a
February 28, 2025
Canada's main stock index fell on Thursday to a near six-week low as escalating global trade tensions fueled risk-aversion and despite stronger-
February 27, 2025
Bank of Japan Governor Kazuo Ueda on Thursday warned of "very strong" uncertainty on the global economic outlook that required vigilance in setting monetary policy
February 27, 2025
By Michael S.
February 27, 2025
The European Central Bank will trim its deposit rate again next week to 2.50%, according to all 82 economists polled by Reuters who expected two further cuts by
February 27, 2025
Euro zone inflation was heading back to target but there were still some worries about it, warranting caution in signalling further policy easing, the European Central Bank
February 27, 2025
Recent surveys showing a rise in consumer inflation expectations mean the U.S. central bank needs to keep its focus on ensuring price pressures are fully
February 27, 2025
Canadian Imperial Bank of Commerce reported a rise in first-quarter profit on Thursday, helped by strength in its capital markets unit.
February 27, 2025
When it comes to stock markets around the world, this year has clearly not been “America First.”
February 25, 2025
Australia's central bank needs to see more positive news on inflation before cutting interest rates again, a top central bank official said on Thursday.
February 26, 2025
New Zealand home prices are expected to rise modestly this year and next following a decline in 2024, according to a Reuters poll of housing experts who
February 26, 2025
Japan's top currency diplomat, Atsushi Mimura, said on Wednesday he did not see any disparity between recent rises in the yen and a slew of positive economic data
February 26, 2025
Brazil's federal public debt declined in January, marked by softer signals on U.S. trade policy under President Donald Trump that boosted emerging markets, pushing local interest
February 26, 2025
South African inflation edged up in January in the first release since the statistics agency updated its consumer price basket, but the headline rate
February 26, 2025
The Federal Reserve is likely to resume cutting interest rates in June and could reduce short-term borrowing costs again in September, traders bet on Tuesday as they took on board the
February 25, 2025
A look at the day ahead in Asian markets. Is the U.S. economy beginning to roll over?
February 25, 2025
Wall Street fell further from its record as worries worsen among U.S. consumers about inflation and tariffs
February 25, 2025
Investors and economists expect the U.S. central bank to respond "strongly and systematically" to changes in inflation and the labor market, according to research published
February 24, 2025
Home Depot forecast a surprise drop in 2025 profit on Tuesday as the company grapples with a weak housing market and high interest rates that are making U.S. consumers
February 25, 2025
Richmond Federal Reserve President Tom Barkin said on Tuesday he will follow a wait-and-see approach regarding central bank interest rate policy
February 25, 2025
U.S. banking sector profits rose 2.3% to $66.8 billion in the fourth quarter of 2024, a bank regulator reported on Tuesday, as it also announced moves to
February 25, 2025
The European Central Bank has room to cut its interest rates further if inflation eases to its 2% goal this year as it expects, ECB policymaker Joachim Nagel said on Tuesday,
February 25, 2025
The European Central Bank interest rate that neither slows nor spurs growth has climbed in the past two years, and it's no longer clear the current 2.75% rate is still holding
February 25, 2025
The head of a new congressional panel gearing up to strengthen Capitol Hill's oversight of the Federal Reserve plans a broad review of how the U.S. central
February 25, 2025
Brazil's IPCA-15 consumer price index posted in February its largest monthly rise in almost three years, official data showed on Tuesday, driving 12-month inflation to its
February 25, 2025
The Bank of Korea cut interest rates by 25 basis points and significantly lowered its GDP forecasts on Tuesday, steering Asia's fourth-largest economy
February 25, 2025
Bank of America expects the Federal Reserve to hold interest rates steady this year and into next year, CEO Brian Moynihan said on Tuesday.
February 25, 2025
Chicago Federal Reserve Bank President Austan Goolsbee on Monday said the U.S. central bank is currently in a "wait-and-see" mode and needs more clarity on the total economic impact of the
February 25, 2025
A leading indicator of Japan's service-sector inflation in January accelerated to 3.1% from a year earlier as prices for a wide range of services continued to rise, keeping alive
February 25, 2025
Bank of England policymakers do not have a consensus about how fast the central bank should cut interest rates, even though they all agreed to use the word "gradual
February 24, 2025
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, 2025
European 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, 2025
Investors in Japan's government bond market are getting a glimpse of life without heavy intervention by the Bank of Japan, which is showing little sign of reverting to
February 21, 2025
Hungarian Prime Minister Viktor Orban announced an income tax exemption for mothers of two or three children and said he would cap interest rates on housing loans at 5% from April
February 22, 2025
Tunisian President Kais Saied on Saturday called for the law governing the central bank to be amended, raising concerns the lender will lose its independence and of
February 22, 2025
Hungarian Prime Minister Viktor Orban's ruling Fidesz party will nominate former rate-setter Andrea Mager to succeed outgoing policy maker Gyula Pleschinger
February 21, 2025
Brazil's central bank is convinced that monetary policy is more restrictive than normal given its guidance for an upcoming interest rate hike, and will adjust it
February 21, 2025
The Philippine central bank on Friday said it was reducing the reserve requirement ratio (RRR) for banks by 200 basis points from late March.
February 21, 2025
The Bank of Japan may raise interest rates in March if U.S.
February 21, 2025
Japan's core consumer inflation hit 3.2% in January for its fastest pace in 19 months, data showed on Friday, reinforcing expectations that the central bank will keep
February 20, 2025
High-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, 2025
Australia's central bank is cautious about cutting rates further given cost pressures in a hot labour market, but it will respond if
February 21, 2025
Federal Reserve Governor Adriana Kugler on Thursday said she believes the U.S. central bank should leave its target for short-term borrowing costs in its current 4.25%-4.50% range, where
February 20, 2025
Federal Reserve officials are taking note of what they see as rising inflation risks and the uncertain impact of President Donald Trump's trade, immigration and other
February 20, 2025
The 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, 2025
U.S. companies with overseas operations are taking advantage of lower rates in euros to slash their debt funding costs and soften the blow of
February 20, 2025
Japanese bank shares have become highly popular with investors betting on rising Bank of Japan interest rates as uncertainty over the
February 20, 2025
The Bank of Japan will hike interest rates only once more this year, most likely during the third quarter to 0.75%, according to a majority of economists in a
February 20, 2025
Australia's unemployment rate ticked higher in January even though job creation handily outpaced forecasts, data showed on Thursday, a mixed outcome that does little to
February 20, 2025
ANZ Group, Australia's fourth-biggest lender, said on Thursday that asset impairments jumped to their highest levels since 2021 in the first quarter, driven primarily by
February 19, 2025Reserve Bank of New Zealand Governor Adrian Orr said on Thursday that New Zealand was now in an environment of low and stable inflation but warned the volatile
February 19, 2025
The S&P 500 squeaked past its previous record closing high on Tuesday at the top of a holiday-shortened week, with earnings season winding down, U.S.
February 18, 2025
The 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, 2025
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged
February 19, 2025
HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut long-term costs
February 19, 2025
Indonesia's central bank kept interest rates steady on Wednesday, emphasizing its focus on stabilising the rupiah currency amid global
February 19, 2025
A Thai industry body said it wanted more government support to counter global trade risks even as data on Wednesday showed
February 19, 2025
The Bank of Japan must raise interest rates more as keeping them at current low levels could cause excessive risk-taking and push up inflation too much, its board
February 19, 2025
A look at the day ahead in Asian markets.
February 18, 2025
The U.S. dollar strengthened against major currencies on Tuesday, led by gains versus the euro, driven by safe-haven bids amid tariff worries and
February 18, 2025
The chief economist at Brazilian bank Itau, the nation's largest private lender, urged whoever wins next year's presidential elections to reinstate a spending cap
February 18, 2025
San Francisco Federal Reserve Bank President Mary Daly on Tuesday said that while there is no reason to be discouraged about bumpy and sometimes imperceptible progress toward 2% inflation,
February 18, 2025
The Bank of Japan could raise interest rates twice more this year if inflation stays around current levels, which would help prevent the yen from
February 18, 2025
Australia's central bank cut rates for the first time in more than four years on Tuesday but warned it was too early to declare victory over inflation
February 18, 2025
Australian "Big Four" lenders cut their interest rates by 25 basis points on Tuesday, in tandem with the central bank cutting its rates for the first time since November 2020.
February 18, 2025
Australia's central bank expects underlying inflation to fall faster than previously projected as it downgraded the economic outlook, although a still
February 18, 2025
Brazil's central bank monetary policy director Nilton David said on Monday that the base scenario for policymakers is to proceed with an upcoming 100 basis-point interest
February 17, 2025
By Michael S.
February 17, 2025
Federal Reserve Governor Michelle Bowman said on Monday she wanted increased conviction that inflation will decline further this year before lowering
February 17, 2025
Bank 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, 2025
Hawkish comments from the Bank of Japan and sticky inflation are lifting bond yields to multi-year highs and pushing forward rate hike expectations, shaking long-held
February 17, 2025
A look at the day ahead in European and global markets from Wayne Cole. It's been a mostly upbeat start to the week for Asian shares, even though a holiday in U.S. markets has thinned liquidity.
February 17, 2025
In a world where information, money and asset prices move faster than at any time in history, one key element of financial markets remains resolutely
February 13, 2025The Commerce Department on Wednesday reports on housing starts for January and the Federal Reserve releases minutes from its most recent policy meeting
February 14, 2025The generational change at the top of the Swiss National Bank does not alter its commitment to low inflation, governing board member Petra Tschudin said in an interview published on
February 14, 2025
New 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, 2025
The S&P 500 ended higher on Thursday, lifted by gains in Nvidia, Apple and Tesla, after U.S.
February 13, 2025
The European Central Bank could cut interest rates three more times this year even if its U.S. counterpart moves more slowly but policy easing is predicated on a
February 13, 2025
Most economists expect the Bank of Japan to raise short-term interest rates again in the latter half of this year, a monthly survey on economists conducted by private think tank
February 13, 2025
The Federal Reserve will likely wait until September before cutting its policy rate, traders bet on Thursday, as data kept alive worries over elevated inflation and a decline
February 13, 2025
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the
February 13, 2025
The Bank of England needs to move cautiously with cutting interest rates because the long process of wrestling down inflation is not yet
February 13, 2025
Japan's annual wholesale inflation jumped to a seven-month high of 4.2% in January and accelerated for the fifth straight month, highlighting persistent price
February 13, 2025
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting expectations for lower interest rates this year
February 13, 2025
Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he expected
February 13, 2025
A look at the day ahead in Asian markets.
February 12, 2025
Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives and the public that they may be
February 12, 2025
Surprisingly strong U.S. inflation in January stoked investor fears that a heating economy and looming tariffs could corner the Federal
February 12, 2025
President Donald Trump on Wednesday said that interest rates should be lowered and that would go "hand in hand" with his upcoming tariffs, despite economists' expectations that tariffs
February 12, 2025
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions
February 12, 2025
The U.S. consumer price index increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing
February 12, 2025
India'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, 2025
The U.S.
February 11, 2025
Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday the need to get inflation back to target will keep monetary policy on pause for now.
February 11, 2025Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in interest rates last week did not mean she
February 11, 2025
Key takeaways from Fed Chair Jerome Powell’s congressional hearing
February 11, 2025
A fight is brewing between President Trump and Fed Chief Jerome Powell over the Federal Reserve’s unwillingness to aggressively cut interest rates. CNN's Matt Egan talks to AGF Investment's Greg Valliere about why the tension could begin to unnerve the markets.
February 11, 2025
Federal Reserve Chair Jerome Powell says Americans’ bank accounts are safe despite the Trump administration’s shutdown of a consumer financial regulatory agency
February 10, 2025
Bank of England policymaker Catherine Mann said companies will struggle to raise prices this year as consumers are hit by job losses and spending softens, the Financial Times reported on
February 11, 2025
U.S. central bankers paused interest-rate cuts at their January 28-29 meeting, noting bumpy progress toward their 2% inflation goal, a still-strong labor market, and a lot of uncertainty
January 15, 2025
Commonwealth Bank of Australia's strong asset quality is expected to help the lender deliver marginal cash earnings growth in the first half, though analysts believe its
February 10, 2025
Australian consumer sentiment remained in the doldrums in February, a survey showed on Tuesday, failing to benefit from slowing inflation or speculation about an imminent cut in
February 10, 2025
Faced with the threat of rising inflation, the U.S.
February 11, 2025
Most brokerages continue to expect a slower pace of interest rate cuts from the U.S.
November 07, 2024
Mexico'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, 2025
A key measure of excess liquidity in the financial system is evaporating rapidly.
February 07, 2025
Federal Reserve officials on Friday said the U.S. job market is solid and noted the lack of clarity over how President Donald Trump's policies will affect economic growth and
February 07, 2025
Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one time this year, backing away from earlier bets on two rate cuts starting
February 07, 2025
Canada's economy added 76,000 jobs in January and the jobless rate edged down to 6.6%, Statistics Canada data showed on Friday.
February 07, 2025
Bank of England Chief Economist Huw Pill said on Friday that an expected rise in inflation this year would probably not lead to second-round price
February 07, 2025
Mexico's annual inflation rate slowed slightly more than expected in January, official data showed on Friday, after the central bank accelerated the pace of its interest rate
February 07, 2025
The 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, 2025
Turkey's central bank governor Fatih Karahan said on Friday the bank is "not on autopilot" after two straight interest rate cuts and its
February 07, 2025
Singaporean banks are set to report stronger profits for the fourth quarter, but growth could take a hit this year as U.S.
February 07, 2025
The Bank of Japan is likely to raise interest rates again this year and see borrowing costs reach levels deemed neutral to the economy by the end of 2027, a senior
February 07, 2025
The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate for the third time in six months
February 06, 2025
Japan should be on alert for any spillover effects from rising foreign market volatility that could affect liquidity conditions for its financial institutions, the
February 07, 2025Japanese household spending rose for the first time in five months in year-on-year terms in December and at a much faster-than-expected pace, but the government
February 07, 2025
(Rueters) - Dallas Federal Reserve Bank President Lorie Logan on Thursday signaled she was ready to keep interest rates on hold for "quite some time" even if inflation drops closer to the Fed's 2%
February 06, 2025
The Bank of Japan is increasingly blaming chronic labour shortages, not stagnant demand, as the main reason for its weak economic activity, a justification it may use
February 06, 2025
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
February 06, 2025
Principal Financial Group reported an increase in fourth-quarter profit on Thursday, helped by higher premiums and fees in its specialty benefits business.
February 06, 2025A look at the day ahead in Asian markets.
February 06, 2025
A full-employment economy with solid growth and falling inflation will let the U.S.
February 06, 2025
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market constraints that could impede President
February 06, 2025
The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated continued interest rate hikes, while sterling
February 06, 2025
The 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, 2025
Credit ratings firm Equifax's fourth-quarter revenue fell short of estimates, hurt by a weaker hiring market and slower-than-expected mortgage growth as interest rates remain elevated,
February 06, 2025
Mexico's annual inflation rate likely slid to its lowest level in four years in January, a Reuters poll of analysts predicted on Thursday, boosting bets the central bank will
February 06, 2025
The 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, 2025
A look at the day ahead in European and global markets from Rae Wee Investors in Europe will wake up to an action-packed Thursday spanning a rate decision from the Bank of England (BoE) and a flurry
February 06, 2025
European Central Bank interest rates have room to fall further as inflation moderates, ECB board member Piero Cipollone said, warning that
February 06, 2025
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective home shoppers getting into the market before the busy spring homebuying season starts
February 06, 2025
The 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, 2025
The Czech Republic’s central bank has cut its key interest rate again amid higher than expected inflation
February 06, 2025
The Bank of Japan must raise interest rates to at least 1% by the second half of the fiscal year beginning in April, hawkish board member
February 06, 2025
The 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, 2025
A look at the day ahead in U.S. and global markets from Mike Dolan As the week's tariff rollercoaster levels out a bit, Wall Street stocks are tilting lower again - clouded by a poor reception for
February 05, 2025
Inflation is approaching the European Central Bank's 2% target, and how much lower the rates will go depends on data confirming inflation is converging towards that target in a
February 05, 2025
The Bank of Japan will continue to raise interest rates if underlying inflation accelerates toward its 2% target as projected, a senior central bank official said on
February 05, 2025
The Philippine central bank will take a "measured approach" in easing policy rates, it said on Wednesday, as annual inflation held steady at 2.9% in January,
February 05, 2025
The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said on Tuesday, reiterating the U.S. central
February 05, 2025
Brazil's Treasury on Tuesday estimated that federal public debt will rise up to 16% this year, as bonds linked to the benchmark interest rate potentially exceed
February 04, 2025
Brazil's central bank on Tuesday stressed that cooling economic activity is crucial for bringing inflation to target, while labeling the unanchoring of inflation
February 04, 2025
A voting board member, Shin Sung-hwan, who dissented in the Bank of Korea's decision to keep policy rates unchanged in January, said the economy faces bigger risks due to domestic
February 04, 2025
All three of Japan's "megabanks" are on course for record annual income after the first nine months of the financial year as they cash in on sales of cross-
February 04, 2025
Trump has begun another trade war. Here's a timeline of how we got here
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