interest rates - Page 2

6 months ago

U.K. Inflation Drops to 3-Year Low, Paving Way for Rate Cut in November

Inflation in the United Kingdom has fallen to its lowest level in over three years, according to official data released on Wednesday. The decline in consumer prices has solidified market expectations that

Federal-Reserve's-Bostic-Cautions-on-Further-Rate-Cuts-Amid-Inflation-Concerns

Economy

7 months ago

Federal Reserve’s Bostic Cautions on Further Rate Cuts Amid Inflation Concerns

Federal Reserve Bank of Atlanta President Raphael Bostic has signaled cautious optimism as the central bank begins its rate-cutting cycle, starting with a larger-than-expected half-point reduction. The move, aimed at stabilizing the

Gold-Set-to-Reach-Record-Highs-by-2025-LBMA-Survey-Finds

Finance

6 months ago

Gold Set to Reach Record Highs by 2025, LBMA Survey Finds

Gold is poised to climb to record levels over the next year, according to a survey conducted at the annual London Bullion Market Association (LBMA) gathering in Miami. Industry insiders—including traders, refiners,

US Stocks Mixed Ahead of Fed Meeting as Recession Fears Grow

US stocks showed mixed performance on Monday as weak economic data and comments from Treasury Secretary Scott Bessent heightened concerns about a potential recession ahead of the Federal Reserve’s policy meeting this

3 weeks ago

Markets

Pound Slips as UK Growth Disappoints, Euro Rises

The British pound lost ground against the dollar on Friday after disappointing economic data, while the euro strengthened on news of a German debt deal. Sterling fell as much as 0.25% to

4 weeks ago

Economy

Americans Grow Anxious as Inflation and Job Fears Persist

Americans became more pessimistic about the economic outlook in February, even as their expectations for inflation remained largely unchanged, according to a report from the Federal Reserve Bank of New York released

1 month ago

Economy

Stock Market Drops Amid Tariff Uncertainty and Economic Data

Stocks tumbled last week as uncertainty over President Donald Trump’s tariff policies and their potential impact on the economy weighed on investor sentiment. Major Indexes Decline The S&P 500 (^GSPC) fell more

1 month ago

Markets

February Jobs Report Shows Modest Gains

The February jobs report released on Friday showed slightly higher job gains and a rise in the unemployment rate to 4.1%, adding to investor concerns about the U.S. labor market and broader

1 month ago

Finance

Japan Clears Key Threshold to End Long-Term Deflation

Japan has officially met the criteria for ending long-term price deflation, according to Economy Minister Ryosei Akazawa. The announcement underscores the government’s optimism about the economic outlook and could influence the timing

1 month ago

Economy

U.S. Dollar Falls to Multi-Month Lows After Weak Jobs Data

The U.S. dollar dropped to multi-month lows against the euro and yen on Friday after data showed the labor market in the world’s largest economy slowed last month, creating fewer jobs than

1 month ago

Markets

BoE’s Bailey Urges U.S. to Resolve Trade Issues via Talks

Bank of England (BoE) Governor Andrew Bailey called on the United States to address global economic concerns through diplomatic dialogue rather than import tariffs. Speaking to British lawmakers on Wednesday, Bailey emphasized

1 month ago

Economy

Australia’s Economy Expands as Growth Accelerates in Q4

Australia’s economy grew by 1.3% year-on-year in the fourth quarter, marking its first acceleration since September 2023. GDP Growth Exceeds Expectations GDP growth surpassed economists’ expectations of a 1.2% rise, as polled

1 month ago

Economy

Dow Rises as Market Rebounds from Two-Day Losing Streak

The Dow Jones Industrial Average climbed Wednesday morning after two days of steep losses. Dow stocks gained 0.4% in early trading, while the S&P 500 also moved higher, aiming to break its

1 month ago

Markets