Today: September 27, 2024
Today: September 27, 2024

interest rates

Americas|Business|Economy|Finance

Traders brace for least predictable Fed meeting in years

Traders in global financial markets are facing extraordinary uncertainty as they await the U.S.

September 18, 2024
Traders brace for least predictable Fed meeting in years
Asia|Business|Economy|Finance|News|Stock Markets

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

September 18, 2024
Stock market today: Most of Wall Street edges lower after Fed delivers a big cut to rates
Business|Economy|Finance|World

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

September 18, 2024
Oil prices fall as Fed rate cut stirs economic worries, storage report mixed
Business|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?

September 17, 2024
So we’re expecting a rate cut. When will we start to see a difference in the economy?
Business|Economy

America’s economic engine is still revving, despite fears of a slowdown

America’s economic engine is still revving, despite fears of a slowdown

September 17, 2024
America’s economic engine is still revving, despite fears of a slowdown
Business|Economy|News|Political

Elizabeth Warren calls for emergency-like Fed rate cut ASAP

Elizabeth Warren calls for emergency-like Fed rate cut ASAP

September 17, 2024
Elizabeth Warren calls for emergency-like Fed rate cut ASAP
Business|Economy|Finance|News|Stock Markets

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

September 17, 2024
S&P 500 ends little changed as early gains fade before Fed decision
Economy|Finance

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

September 17, 2024
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,

September 17, 2024
S. Africa consumer confidence recovers to pre-pandemic levels, survey shows
Asia|Business|Economy|Finance

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

September 17, 2024
Stock market today: Wall Street stays stuck in place as it counts down to a rate cut
Asia|Business|Europe|Finance|Stock Markets

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-

September 17, 2024
Yen's big week begins
Business|Economy|Finance

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?

September 16, 2024
The Fed is finally about to cut interest rates. What took so long?
Business|Economy|News

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

September 16, 2024
What's happening in Las Vegas shows Fed's 'soft landing' is a good bet
Business|Economy|Finance|News

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

September 16, 2024
Fed hits easing week, China economy weak
Asia|Business|Finance

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.

September 16, 2024
Asian bonds attract massive inflows in August on Fed easing hopes
Asia|News

China gloom vs Wall St vroom

A look at the day ahead in Asian markets.

September 15, 2024
China gloom vs Wall St vroom
Economy|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

September 15, 2024
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.

September 15, 2024
Bank of Canada governor raises prospect of faster rate cuts, FT reports
Business|Economy|News

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

September 13, 2024
US consumer sentiment ticks higher for second month but remains subdued
Business|Economy|Finance

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

September 13, 2024
US consumer sentiment climbs to four-month high; import prices drop
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

September 13, 2024
Gold bulls set sights on previously dismissed record $3,000/oz milestone
Business|Economy|Finance|Stock Markets

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

September 13, 2024
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.

September 13, 2024
Top ECB governors voice confidence on inflation and rates
Business|Economy|Finance

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.

September 13, 2024
Fed, ready, steady, cut
Economy|Finance

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

September 13, 2024
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.

September 12, 2024
ECB cuts growth forecasts, still sees inflation at target in late 2025
Economy|Europe|Finance|News

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.

September 12, 2024
ECB cuts rates as growth and inflation slow
Business|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

September 12, 2024
Receiving swaps to get more profitable than adding bonds in India, BNP Paribas exec says
Economy|Finance|Stock Markets

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.

September 12, 2024
The first cut isn't always the deepest
Business|Europe|Finance|Stock Markets|Technology

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%

September 12, 2024
European shares hit one-week high as ECB cuts interest rates
Asia|Business|Technology

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

September 12, 2024
Stock market today: Wall Street climbs closer to its record high
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

September 12, 2024
Bank of Korea board member says growth, financial stability are key to rate cuts
Asia|Business|Finance|Stock Markets

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.

September 12, 2024
Wall Street ends higher, gold hits record ahead of rate cuts
Business|Economy

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

September 11, 2024
UK pay settlements lowest in nearly two years, IDR survey shows
Economy|Finance|News

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

September 11, 2024
Small Aug CPI rise seen sealing 25 bp cut next week
Business|Economy|Finance

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

September 11, 2024
Fed expected to deliver quarter-percentage-point rate cut next week
Economy|Finance

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

September 11, 2024
US inflation trending lower, but some stickiness remains
Business|Finance

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

September 11, 2024
US banks extend fall as investors assess executives' sobering forecasts
Economy|Finance|News|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

September 11, 2024
FTSE 100 drops on Rentokil warning; U.S. inflation data weighs
Business|Economy|Finance

'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.

September 11, 2024
'Blunt' interest rates pose questions about Fed easing :Mike Dolan
Asia|Business|Finance|Stock Markets

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

September 11, 2024
Stock market today: Wall Street storms back from an early slide thanks to Nvidia and Big Tech
Economy|Finance|News

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

September 10, 2024
US inflation reaches a 3-year low as Federal Reserve prepares to cut interest rates
Finance|News|Stock Markets

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

September 10, 2024
Calm returns as TV debate eyed, China angst
Economy|Europe|News

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

September 10, 2024
German inflation falls to the lowest level in more than three years
Business|Economy|Finance

Australian consumers downbeat in Sept amid economic worries

Australian consumer sentiment stayed downbeat in September as concerns over the economy and jobs bubbled to the surface even as worries over higher interest rates eased, a survey

September 09, 2024
Australian consumers downbeat in Sept amid economic worries
Uncategorized

NY Fed finds moderating near-term inflation expectations in June

By Michael S.

July 08, 2024
NY Fed finds moderating near-term inflation expectations in June
Uncategorized

Fed's Jefferson flags challenges on communications front

By Michael S.

May 28, 2024
Fed's Jefferson flags challenges on communications front
Economy

US applications for jobless benefits fall to lowest level in nearly 8 months

U.S. applications for unemployment benefits fell to their lowest level in eight months last week as the labor market continues to show strength in the face of elevated interest rates

September 21, 2023
US applications for jobless benefits fall to lowest level in nearly 8 months
Economy

Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'

Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools

September 18, 2023
Federal Reserve is poised to leave rates unchanged as it tracks progress toward a 'soft landing'
Economy

Wholesale price inflation accelerated in August from historically slow pace

U.S. wholesale prices increases accelerated in August, a sign that inflation remains stubbornly persistent despite a series of sharp interest rate hikes by the Federal Reserve

September 14, 2023
Wholesale price inflation accelerated in August from historically slow pace

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