Today: September 18, 2026
Today: September 18, 2026

inflation

Arts|Economy|Entertainment|Finance|World

Dollar pauses after Fed rally as yields, oil retreat

The US dollar eased against the euro on Thursday, a day after logging its biggest jump in three months against the common currency after the Federal

Business|Economy

US labor market on solid footing; rising mortgages pressuring housing sector

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, though the decline was likely exaggerated by the

Business|Economy|Finance

Dollar pressure weighs on LatAm FX; regional stocks edge higher

Most Latin American currencies traded lower on Thursday against the U.S. dollar near multi-week highs, while stocks were mostly higher, with domestic political

Arts|Business|Europe|Finance|Interview

ECB's Rehn sees no second-round inflation, backs joint debt for defence

European Central Bank policymaker Olli Rehn said on Thursday there were no clear signs of second-round inflation effects in the euro zone and backed the use of jointly-

Business|Economy

Bank of England policymakers set out views on rates outlook

The Bank of England left interest rates on hold at 3.75% on Thursday after a 6-3 vote among the members of its Monetary Policy Committee.

Arts|Economy|Europe|Finance|MidEast

BoE's Bailey says outlook too uncertain to judge market bets on four rate hikes

Bank of England Governor Andrew Bailey said on Thursday the outlook was too unpredictable when asked whether markets were right to price in almost four interest rate hikes

Arts|Business|Economy|Finance|Stock Markets|Technology|US

Wall St opens higher as easing oil prices boost Fed hike relief

The major US stock indexes opened higher on Thursday as retreating oil prices boosted sentiment, with the Federal Reserve's first rate hike under Chair Kevin Warsh reassuring

Arts

A timely hike

Stocks edged up early on Thursday as investors digested the Federal Reserve's first interest rate hike in three years.

Business|Economy|Finance

Bank of England holds rates but appears ready to hike soon

The Bank of England is keeping the U.K.’s main interest rate unchanged at 3.75% even though inflation in the United Kingdom has risen to a five-month high as the fallout from the Iran war continues to ratchet up fuel prices

Arts|Business|Economy|Entertainment|Finance

Struggling US home buyers, and market, face new hurdles as mortgage rates near 7%

Mortgage buyer Freddie Mac's latest snapshot of mortgage rates is due out later Thursday and expected to show that the average rate for a 30-year mortgage rose again this week, moving closer to 7%

Business|Economy|Finance|Stock Markets

FTSE indexes gain after BoE holds rates steady, pauses gilt sales

The main UK indexes rose to their highest in over a week on Thursday after the Bank of England kept interest rates unchanged as expected, and said it would halt sales of long-dated

Arts|Economy|Entertainment|Finance|Lifestyle

Fed builds credibility, but hawkish turn leaves investors edgy

Investors are gaining more confidence in the Federal Reserve's inflation-fighting backbone, but uncertainty

Business|Economy|Finance

Dollar's allure, oil surge fan bearish bets on emerging Asian currencies: Reuters poll

Bearish sentiment towards most emerging Asian currencies deepened, a Reuters poll showed on Thursday, as investors contended with the twin headwinds of escalating

Business|Economy|Finance

South Africa's consumer confidence rises despite economic uncertainty, survey shows

South Africa's consumer confidence improved in the third quarter, a survey showed on Thursday, although consumer spending is expected to remain subdued in the coming months due to

Business|Economy|Finance|World

IMF says Australia may need further interest rate rises to tame inflation

The International Monetary Fund (IMF) said on Thursday that Australia's central bank may need to raise interest rates further, with inflation expected to remain elevated

Economy|US

Bank of England to hold rates but energy shock stirs talk of a hike

The Bank of England looks set to keep interest rates on hold on Thursday but investors are watching for any hint that surging energy prices could

Business|Economy|Finance|Political|Stock Markets|US

Federal Reserve hikes key rate for 1st time in 3 years, defying Trump demands for a cut

President Donald Trump is blasting Federal Reserve governors after the board raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly high inflation

Business|Economy|Finance

Fed's Warsh lays out forces driving up bond yields

Federal Reserve Chairman Kevin Warsh suggested on Wednesday that among the forces pushing up bond yields, a loss in confidence in the central bank's inflation fight

Business|Economy|Finance

Trading Day: Lift off!

The U.S.

Business|Economy|Finance

Brazil central bank delivers fifth straight rate cut, leaves next move open

Brazil's central bank on Wednesday cut interest rates by 25 basis points for a fifth straight meeting amid firmer signs of an economic slowdown while

Economy|Political|US

Trump lashes out at Fed after Warsh backs rate hike

US President Donald Trump on Wednesday leveled his most pointed — though still indirect — criticism yet at his hand-picked Federal Reserve chief, fuming

Business|Economy|Finance

What Kevin Warsh said about the Fed’s first rate hike since 2023

What Kevin Warsh said about the Fed’s first rate hike since 2023

Business|Economy|Finance

What do higher rates mean for borrowers and savers?

The U.S. Federal Reserve nudged interest rates higher by a quarter of a percentage point on Wednesday, the first rate hike in more than three years.

Business|Economy|Finance|US

Warsh says US economy has strengthened, inflation is the problem

Federal Reserve Chairman Kevin Warsh said on Wednesday that the U.S. economy has strengthened since Fed policymakers last met in June, with a labor market essentially running at

Business|Economy|Finance

Major US banks raise prime rate after first Fed rate hike since 2023

Top U.S. banks raised their prime lending rate on Wednesday after the Federal Reserve lifted its benchmark interest rate, a move that would increase borrowing costs for consumers

Business|Economy

Fed raises rates in search of 'timelier' drop in inflation, sees more tightening ahead

The Federal Reserve raised interest rates on Wednesday and flagged more hikes in the coming months, with new U.S. central bank chief Kevin Warsh

Arts|Business|Economy|Finance|Technology|US

Amazon increases minimum starting hourly wage for full-time core operations employees

Online behemoth Amazon said it’s increasing the minimum starting hourly wage for its U.S. full-time core operations employees to $20 ahead of the holiday shopping season

Business|Economy|Finance|Stock Markets|Technology

US stocks slip after the Fed hikes interest rates and hints more increases may be on the way

U.S. stocks slipped after the Federal Reserve hiked its main interest rate for the first time in three years and suggested more increases may be ahead as it tries to get the nation’s high inflation under control

Business|Economy|Finance

US consumers and businesses are now facing a future of more expensive borrowing

The Federal Reserve’s rate hike comes as the US economy is increasingly moving at two very different speeds.

Business|Economy|Political

Warsh says Fed focus to stay on inflation, underlying trends have not meaningfully improved

The Federal Reserve's predominant focus will remain on controlling inflation, Fed Chairman Kevin Warsh said on Wednesday after the U.S. central bank raised rates.

Business|Economy|Finance

Instant View: Stocks pull back after Fed raises rates, points to another hike this year

 The Federal Reserve raised interest rates on Wednesday and flagged further increases in borrowing costs in coming months, with new US central bank chief Kevin Warsh

Business|Economy|Finance

Fed rate hike likely means more expensive credit cards and mortgages, but savers may rejoice

The Federal Reserve just raised the cost of borrowing money — bad news for borrowers, good news for savers

Business|Economy|Finance|US|World

Robust US retail sales underscore economy's resilience, inflation pressures building

U.S. retail sales rebounded sharply in August as households boosted purchases of a range of goods while also spending more at restaurants and bars,

Business|Economy|Finance

US import prices jump in August on strength in capital, consumer goods

U.S. import prices surged in August amid solid increases in the costs of capital and consumer goods, suggesting inflation could rise further in the coming months.

Business|Economy|Finance

US homebuilder sentiment drops to 12-month low in September

U.S. homebuilder sentiment dropped to a one-year low in September as rising mortgage rates dampen demand for housing, a survey showed on Wednesday.

Arts|Business|Economy|Finance|Lifestyle

Dollarama raises annual sales forecast in Canada as cost-conscious shoppers trade down

Canada's Dollarama raised annual comparable sales growth forecast on Wednesday, as shoppers opt for its cheaper everyday products while contending with higher

Business|Economy|Finance|World

Brazil's July activity falls more than expected ahead of rate decision

Economic activity in Brazil fell by a seasonally adjusted 0.2% in July from the previous month, a central bank index showed on Wednesday, compared with expectations for

Business|Economy|Finance

UK PM Burnham says he will take tough decisions to keep economy on track

British Prime Minister Andy Burnham said he is ready to take the difficult decisions required to ensure the UK economy remains on track, after data on Wednesday showed a

Business|Economy|Finance

Warsh's words may matter more than the anticipated Fed rate hike

The Federal Reserve is expected on Wednesday to hike interest rates for the first time since 2023, a decision driven by stubbornly high inflation

Business|Economy|Finance|Stock Markets|US

A time to hike?

An unsettled few days set the scene for the week's main event: the Federal Reserve's policy decision.

Business|Economy|Finance

Bond market woes likely a factor for Fed, but intervention seen as unlikely

By Michael S.

Business|Finance

UK inflation rises to 5-month high, further pressuring Bank of England to raise rates this year

Inflation in the United Kingdom has risen to a five-month high, an increase that will pressure the Bank of England to hike interest rates again over coming months

Business|Economy|Europe|Finance|Stock Markets

European shares rise as oil pauses ahead of Fed rate decision

European shares edged up from the previous session's three-month low on Wednesday as a pause in the oil price rally lifted risk appetite ahead

Economy

Warsh on collision course with Trump administration

A look at the day ahead in European and global markets from Gregor Stuart Hunter Federal Reserve Chair Kevin Warsh is likely to come out of Wednesday's policy decision bruised one way or another.

Business|Finance

UK inflation hits 3.1% but data offers some relief for BoE

British inflation accelerated to a five-month high of 3.1% in August, but measures excluding surging energy prices held stable, official

Arts|Asia|Economy|Finance

BOJ set to raise interest rates to 31-year high as inflation risks loom

The Bank of Japan is set to raise interest rates to a 31-year high on Friday and signal readiness to keep pushing up borrowing costs, joining other major

Economy|World

Japan records a trade deficit for 4th month as oil imports soar

Japan’s trade deficit totaled $7 billion last month, as surging oil prices sent the cost of imports soaring

Business|Economy|Finance|World

Japan August imports jump as oil prices lift costs, exports stay firm

Japan posted its largest increase in imports in nearly four years in August as higher oil prices lifted energy costs, while exports rose for a 12th month

Business|Economy|Finance|Stock Markets

10-year Treasury yield hits highest level since 2007 ahead of Fed rate decision

10-year Treasury yield hits highest level since 2007 ahead of Fed rate decision