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

interest rates

Economy|News

UK labour market loses steam in August, recruiters say

Britain's labour market cooled noticeably last month as job placements fell sharply and pay growth slowed, according to a survey of recruiters on Monday that could bolster the case for

UK labour market loses steam in August, recruiters say
Americas|Business|Economy|News

US employers have good reasons not to hire more workers now

US employers have good reasons not to hire more workers now

US employers have good reasons not to hire more workers now
Business|Economy|Finance

Economic worries back on Wall Street's radar after jobs data

Uncertainty over the U.S. economy's health is rippling through markets, adding fuel to an already-volatile period that has investors grappling

Economic worries back on Wall Street's radar after jobs data
Americas|Economy

Mexico inflation seen easing in August after months accelerating: Reuters poll

Mexico's headline inflation rate likely eased in August after accelerating for the previous five months, a Reuters poll of analysts showed on Friday, boosting expectations that

Mexico inflation seen easing in August after months accelerating: Reuters poll
Business|Economy|Finance

Traders see Fed starting with 25 bps cut in Sept

Traders priced in a quarter-point Federal Reserve interest-rate cut this month, with a bigger move expected at its next meeting, after Fed Governor Christopher Waller said recent labor

Traders see Fed starting with 25 bps cut in Sept
Business|Economy

Canada's unemployment rate at 6.6%, economists call for larger rate cuts

Canada's unemployment rate edged up to 6.6% in August, scaling past a seven-year peak excluding the pandemic years of 2020 and 2021, data showed on Friday,

Canada's unemployment rate at 6.6%, economists call for larger rate cuts
Business|Economy|Finance

Wall Street stocks fall, big weekly drop as market waits for Fed to move

U.S. stocks fell on Friday, weighed down by a jobs report that showed a continued labor market slowdown but left traders uncertain about how far the Federal

Wall Street stocks fall, big weekly drop as market waits for Fed to move
Finance|Stock Markets

Payrolls, Williams and Waller - a big decider

A look at the day ahead in U.S. and global markets from Mike Dolan Friday looks set to play out like a concentrated version of what markets have been navigating all year - what's the fine

Payrolls, Williams and Waller - a big decider
Business|Economy|Finance

Global stock index, Treasury yields fall after mixed US jobs report

MSCI's global equities gauge fell more than 1% on Friday and U.S.

Global stock index, Treasury yields fall after mixed US jobs report
Economy|Finance

Cash could stay attractive for months despite rate cuts, JP Morgan says

Looming interest rate cuts may not immediately spur a rush out of cash-like instruments, as yields on some shorter-dated government bonds could take months to

Cash could stay attractive for months despite rate cuts, JP Morgan says
Business|Economy|Finance|News

US second-quarter productivity revised higher

U.S. worker productivity grew faster than initially thought in the second quarter, reining in labor costs, suggesting that inflation pressures could continue to subside.

US second-quarter productivity revised higher
Economy|Finance|News

US labor market stays afloat as unemployment rate falls to 4.2%

U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested the labor market was not falling off the cliff to

US labor market stays afloat as unemployment rate falls to 4.2%
Business|Economy|News

Applications for US jobless benefits fall to 2-month low as layoffs remain at healthy levels

The number of Americans filing for unemployment benefits fell to its lowest level in two months last week, signaling that layoffs remain relatively low despite other signs of labor market cooling

Applications for US jobless benefits fall to 2-month low as layoffs remain at healthy levels
Business|Economy|Finance

Canadian dollar rally to resume in 2025 if global economy picks up: Reuters poll

The Canadian dollar is set to give back some of its recent gains over coming months but could make another move higher in 2025 if central bank easing cycles revive

Canadian dollar rally to resume in 2025 if global economy picks up: Reuters poll
Business|Economy|Finance

Bank of England allots record 40 billion pounds in weekly repo

The Bank of England allotted a record 40.29 billion pounds ($53.02 billion) in seven-day funds in its weekly short-term repo on Thursday, up from 36.584 billion pounds last week.

Bank of England allots record 40 billion pounds in weekly repo
Business|Economy

UK construction growth slows despite housing drive, PMI shows

Growth in Britain's construction industry slowed in August despite the biggest pickup in homebuilding in nearly two years, according to a survey on Thursday that added to signs of

UK construction growth slows despite housing drive, PMI shows
Asia|Economy

Bullish bets on most Asian currencies rise on Fed rate cut bets: Reuters poll

Analysts have raised bullish bets on most Asian currencies after mixed data heightened concerns about economic growth in the world's largest economy, increasing the odds of

Bullish bets on most Asian currencies rise on Fed rate cut bets: Reuters poll
Business|Europe|Finance|Stock Markets

Markets hit tentative pause on selloff

A look at the day ahead in European and global markets from Ankur Banerjee Markets hit the pause button after a selloff in equities since the start of the week but sentiment remained fragile, as

Markets hit tentative pause on selloff
Asia|Finance

Global equity index slips ahead of US jobs data; oil steadies

MSCI's global equities index edged down on Thursday as investors digested mixed economic data while they anxiously waited for Friday's crucial

Global equity index slips ahead of US jobs data; oil steadies
Economy|Finance

Dollar eases ahead of US payrolls test

The U.S. dollar eased against most major currencies on Thursday in choppy trading as investors braced for Friday's U.S. payrolls report,

Dollar eases ahead of US payrolls test
Business|Economy|News

America has the fewest jobs available since January 2021

America has the fewest jobs available since January 2021

America has the fewest jobs available since January 2021
Economy|Finance

Fed rate-cut size this month to hinge on job market health

Federal Reserve policymakers are increasingly attentive to the U.S. labor market as they prepare for a policy-setting meeting later this month, when their assessment of job-

Fed rate-cut size this month to hinge on job market health
Business|Economy|Finance|News

US job openings fall to 3-1/2-year low in July

U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but probably not enough for the Federal Reserve to consider a big interest

US job openings fall to 3-1/2-year low in July
Americas|Business|Economy

US job openings hit 3-1/2-year low as labor market eases

U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but the reduction on its own is probably not enough to

US job openings hit 3-1/2-year low as labor market eases
Economy|Europe|Finance|News

ECB at risk of becoming too restrictive, Cipollone says

The European Central Bank can continue to cut interest rates given the slowdown in inflation, and there is a risk the bank could keep policy too tight, ECB board member Piero

ECB at risk of becoming too restrictive, Cipollone says
Economy|Finance|News

US housing inflation likely to fall in year ahead, Fed paper says

U.S. housing inflation is likely to ease in the coming year as the gap between supply and demand for homes narrows, according to research published on Tuesday by the Federal Reserve Bank

US housing inflation likely to fall in year ahead, Fed paper says
Economy|Finance

Russian central bank says medium-term inflation risks remain high

Russia's annual inflation may have peaked in July, the central bank said on Tuesday, but medium-term inflationary risks remain high and it is too early to speak about a steady

Russian central bank says medium-term inflation risks remain high
Uncategorized

NY Fed finds moderating near-term inflation expectations in June

By Michael S.

NY Fed finds moderating near-term inflation expectations in June
Uncategorized

Fed's Jefferson flags challenges on communications front

By Michael S.

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

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

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

Wholesale price inflation accelerated in August from historically slow pace

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