Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
The Trump economy: inflation versus isolationism
Economists now, on average, predict inflation will be 2.6 per cent this year, up from 2.2 per cent before the election, ...
Bank of Japan raises policy rate to 0.5% and signals further increases
In a well-trailed move, the Bank of Japan on Friday raised the policy rate by 0.25 percentage points, taking it to 0.5 per ...
The ECB needs a rethink of its policy approach
Experience suggests that abundant and cheap money is not a harbinger of price or financial stability, much less of sustained ...
Fixed income investors seek ways to navigate a Trump presidency
Investors have already seen the yield on the 10-year Treasury rise from as little as 3.6 per cent in mid-September to about 4 ...
How low will UK interest rates go?
Bond markets in the UK may be more sensitive to fiscal credibility following the turbulence after the 2022 Liz Truss budget. But fiscal sustainability in the UK does not significantly differ from some ...
UK Budget fallout adds to Bank of England dilemma on interest rates
Employers are cutting jobs and raising prices to offset tax increases, with wages still growing too fast for policymakers’ ...
Economy remains steady amid persistent inflation | Opinion
The FOMC plans to meet eight times in 2025 to evaluate the state of the economy and adjust policies as needed. At its final ...
‘Anti-woke’ vs industrial push: Australian voters face stark choice
Rinehart has called on Australia to adopt the US president’s agenda of tax and spending cuts, and has pushed for Canberra to ...
Central banks live: Macklem says ‘no doubt’ the threat of tariffs ‘weighed’ on rate cut decision
Macklem said "there's no doubt" that the threat of tariffs "weighed" on the Canadian central bank’s decision to lower rates for a sixth consecutive time.
Immigration and growth
Record numbers of migrants came into the US after the pandemic, growing US consumption and the American labour force. This, many argue, was the key reason the US continued to grow, even as inflation ...