Today: October 05, 2024
Today: October 05, 2024

interest rates

Finance

Fed seen slowing rate cut pace after strong US jobs data

A surge in U.S. job growth has financial markets betting the Federal Reserve will follow last month's half-point interest rate reduction with smaller moves, and ignited a

Fed seen slowing rate cut pace after strong US jobs data
Economy

Philippine inflation to settle around 3.2% in 2024, finance minister says

The Philippines' inflation rate could settle around 3.2% this year, its finance minister said on Friday, giving room for the central bank to further cut rates.

Philippine inflation to settle around 3.2% in 2024, finance minister says
Economy

Central banks set for 'forceful' hyperactivity?: Mike Dolan

Sudden ebbs and flows of inflation without equivalent hits to economic output may be a feature of a post-pandemic world of fragile supply chains - potentially requiring

Central banks set for 'forceful' hyperactivity?: Mike Dolan
Economy

US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market

America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and suggesting that the pace of hiring is still solid enough to support a growing economy

US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market
Economy

US service sector activity accelerates to 1-1/2-year high; employment declining

U.S. services sector activity jumped to a 1-1/2-year high in September amid strong growth in new orders, more evidence that the economy remained on a solid footing in the third

US service sector activity accelerates to 1-1/2-year high; employment declining
Economy

Canada's services PMI hits six-month low in September

The downturn in Canada's services economy deepened in September as firms shed jobs and new business dropped to a near four-year low, S&P Global Canada services PMI

Canada's services PMI hits six-month low in September
Finance

The 2024 disinflation lesson: ignore oil at your peril: McGeever

In today's digital and services-dominated economy, one might be forgiven for buying into the narrative that oil no longer has any real bearing on

The 2024 disinflation lesson: ignore oil at your peril: McGeever
Stock Markets

Indexes end lower ahead of US jobs data, Middle East still in focus

U.S. stocks finished lower on Thursday ahead of Friday's monthly U.S. payrolls report and as investors kept a watchful eye on the growing conflict in the

Indexes end lower ahead of US jobs data, Middle East still in focus
Economy

Colombia 12-month inflation seen slowing in September despite truckers' strike: Reuters poll

Colombia's 12-month inflation is forecast to continue decelerating in September, despite the impact of a truckers' strike, according to a Reuters poll on

Colombia 12-month inflation seen slowing in September despite truckers' strike: Reuters poll
Finance

Dollar to stay unfazed despite growing uncertainties: Reuters poll

The U.S. dollar will hold steady in coming months despite an expected series of Federal Reserve interest rate cuts, according to median forecasts from FX

Dollar to stay unfazed despite growing uncertainties: Reuters poll
Finance

Euro area long-dated yields rise after sharp drop, geopolitics in focus

Euro area government bond yields rose on Wednesday, a day after long-dated yields posted their biggest daily fall since mid-June on concerns about economic growth.

Euro area long-dated yields rise after sharp drop, geopolitics in focus
Finance

Futures in Japan face hangover from BOJ's bond-buying binge

Japan's $9 trillion bond market is bracing for disruption as a shortage of paper caused by the central bank's massive buying is expected

Futures in Japan face hangover from BOJ's bond-buying binge
Economy

Kenya's inflation falls to 3.6% in Sept

Kenya's inflation fell to 3.6% year-on-year in September from 4.4% a month earlier, the statistics office said on Wednesday.

Kenya's inflation falls to 3.6% in Sept
Uncategorized

Fed liquidity tools see demand ease amid new repo market anxieties

By Michael S.

Fed liquidity tools see demand ease amid new repo market anxieties
Finance

Safe havens gain as Iran fires missiles at Israel

Safe haven currencies strengthened on Tuesday as Iran launched missiles towards Israel, while the dollar also firmed on data showing a resilient U.S. labor market.

Safe havens gain as Iran fires missiles at Israel
Finance

BOJ signals rate-hike pause after big Fed cut, market rout

Bank of Japan policymakers discussed the need to go slow in raising interest rates as jittery markets clouded the outlook, a summary of their September meeting showed,

BOJ signals rate-hike pause after big Fed cut, market rout
Finance

What fueled this week’s record-breaking stock rally

What fueled this week’s record-breaking stock rally

What fueled this week’s record-breaking stock rally
Economy

A dual win for consumers: Inflation cooled last month, paving way for borrowing costs to come down more

A dual win for consumers: Inflation cooled last month, paving way for borrowing costs to come down more

A dual win for consumers: Inflation cooled last month, paving way for borrowing costs to come down more
Economy

Instant view: August US PCE inflation cools to within reach of Fed target

The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce Department reported on Friday.

Instant view: August US PCE inflation cools to within reach of Fed target
Economy

Sputtering Canadian economy fuels calls for big rate cut

Canada's gross domestic product expanded at a faster-than-expected 0.2% rate in July, but an advance estimate indicated that growth likely

Sputtering Canadian economy fuels calls for big rate cut
Finance

Latest inflation data could boost case for more big Fed rate cuts

Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower interest rates by half of a percentage

Latest inflation data could boost case for more big Fed rate cuts
Finance

RBI to keep repo rate at 6.50% in October, cut by 25bps in December: Reuters poll

The Reserve Bank of India (RBI) is expected to cut interest rates by a modest 50 bps over the next six months, according to a majority of economists in a Reuters

RBI to keep repo rate at 6.50% in October, cut by 25bps in December: Reuters poll
Finance

Mexico central bank cuts interest rate by 25 basis points as inflation cools

The Bank of Mexico lowered its benchmark interest rate by 25 basis points to 10.50% on Thursday, the second straight cut as price pressures have been easing in Latin America's

Mexico central bank cuts interest rate by 25 basis points as inflation cools
Business|Economy|Finance

Average rate on a 30-year mortgage slips to 6.08%, lowest level in 2 years

The average rate on a 30-year mortgage in the U.S. slipped this week to its lowest level in two years, boosting home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs

Average rate on a 30-year mortgage slips to 6.08%, lowest level in 2 years

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