34 h. ago Stock Rally Hits a Wall as US Inflation Picks Up: Markets Wrap

The blistering run in stocks hit a wall as a pick-up in inflation lifted bond yields alongside the dollar, with traders paring bets the Federal Reserve will cut interest rates next month.

Economics

35 h. ago Bank of Canada is open to rate cuts, but lower rates are likely a ways off

Robert McLister: Cuts could be several inflation reports and some crossed fingers away

Other

37 h. ago Echoes of 2007 Haunt Dollar as Fed Risks Easing Amid Inflation

The dollar is set for a toxic mix of a Federal Reserve cutting interest rates in the face of rising annual inflation, a damaging scenario last seen nearly two decades ago, according to Bank of America Corp.

Economics

50 h. ago Asian shares are mixed after days of gains driven by hopes for US rate cuts

MANILA, Philippines (AP) — Asian shares were mixed on Thursday after days of gains driven by hopes for lower U.S. interest rates, while U.S. futures slipped. In Tokyo, the Nikkei 225 fell 1.4% to 42,657.94 as investors sold to lock in recent gains that have taken the benchmark to all-time records. The Japanese yen rose […]

Other

60 h. ago Policymakers still unsure where Bank of Canada rate should land

Some members of the governing council said there should not be any further rate relief

Events

61 h. ago Bank of Canada Weighed Cut In July, Opted to Wait for More Data

The Bank of Canada considered cutting interest rates at its last meeting, but trade uncertainty and sticky core inflation compelled officials to hold borrowing costs steady.

Other

65 h. ago Stock markets could rally Wednesday amid optimism for future rate cuts

Stock markets in the U.S. and worldwide are poised for a gainful Wednesday trading session as traders in the U.S. are especially optimistic with a higher potential for rate cuts.

Economics

3 d. ago Stocks Hit Record, Wall Street Fear Gauge Sinks: Markets Wrap

Stocks climbed to a record as an in-line US inflation reading eased price concerns and bolstered bets on a Federal Reserve interest-rate cut in September.

Economics

3 d. ago Global Stocks Extend Rally on Fed Easing Optimism: Markets Wrap

European stocks advanced as risk-on sentiment, fueled by mounting expectations of Federal Reserve interest rate cuts, continued to lift global equity markets and push bond yields lower.

Economics

3 d. ago Emerging Market Stocks Trade Steady Before US Inflation Data

Emerging-market stocks and currencies were steady as traders awaited US inflation data for clues on the path for Federal Reserve interest-rate cuts.

Economics

4 d. ago RBA Delivers Third Rate Cut, Says Future Moves Hinge on Data

Australia’s central bank trimmed its key interest rate for a third time this year, while signaling future policy decisions will hinge on incoming data.

Other

4 d. ago Financial market expects Bank of Canada interest rate to fall to 2.25% by year

Central bank survey finds only 35% chance of recession

Other

4 d. ago Treasury Yields Slide Before CPI as Fed Cut Speculation Grows

Treasury yields slipped as investors brace for a key reading of US inflation that may bolster the case for the Federal Reserve to cut interest rates next month.

Other

5 d. ago US Treasury Rally Stalls as Key Consumer Price Data Looms Large

Treasury yields rose from a three-month low ahead of a key inflation report that may shape market expectations that the Federal Reserve will cut interest rates as soon as next month.

Economics

7 d. ago The Bank of England Has Rarely Been This Split Over Inflation

This week’s interest-rate cut at the Bank of England was perhaps the most divisive yet under Andrew Bailey’s governorship.

Economics

7 d. ago ‘Worst jobs reading in three years’ raises odds of Bank of Canada rate cut next month

Canada shed 41,000 jobs in July, the worst showing since January 2022

Other

7 d. ago Chile’s Annual Inflation Unexpectedly Speeds Up After Rate Cut

Chile’s annual inflation unexpectedly accelerated for the first time since March after the central bank signaled it will gradually lower its borrowing costs over coming quarters.

Economics

9 d. ago Sweden’s Core Inflation Trails Analyst Forecasts, Backing Easing

Sweden’s core inflation rate fell slightly more than analysts expected last month, likely backing the case for the country’s central to cut interest rates later in August to support the misfiring economy.

Economics

1 week ago Korean Inflation Cools, Boosting Case for BOK to Cut Rate Again

The pace of consumer inflation in South Korea slowed, giving the central bank added incentive to resume its rate-cut cycle as the trade-reliant economy braces for the impact from higher US tariffs.

Economics

1 week ago Asian Stocks Decline as Traders Pare Back Risk: Markets Wrap

A selloff in Asian stocks extended to a seventh day after weak US jobs data triggered a pullback in equities and fueled bets on an interest-rate cut by the Federal Reserve.

Economics