10 h. ago Fed’s preferred inflation gauge stayed elevated in September as spending weakened

WASHINGTON (AP) — The Federal Reserve’s preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate cut by the central bank next week. Prices rose 0.3% in September from August, the Commerce Department said Friday in a report that was delayed five weeks by the government shutdown. […]

Economics

50 h. ago Asian Stocks to Gain as Bets for Fed Rate Cut Rise: Markets Wrap

Asian stocks were set to drift higher Thursday after US shares climbed as more evidence of a slowing US jobs market supported the case for a December Federal Reserve interest rate cut.

Economics

4 d. ago South Korea’s Inflation Holds Steady, Dimming Rate Cut Prospects

South Korea’s consumer inflation held steady in November, giving the central bank more reason to stay cautious about monetary easing as authorities remain wary that a persistent property market rally could kindle financial imbalances.

Economics

8 d. ago BOE Official Plays Down Impact of Energy Bill Cut on Inflation

Bank of England rate-setter Megan Greene played down hopes that a cut to energy bills at Wednesday’s budget will help the central bank stamp out the threat from sticky inflation.

Economics

1 week ago Australia’s Hotter Inflation Sees Markets Price RBA Rate Hikes

Australia’s core inflation exceeded estimates in October, prompting traders and some economists to wager the Reserve Bank’s next move is more likely to be an interest-rate rise than a cut.

Economics

1 week ago S&P 500 Rises on Rate Cut Hopes, Alphabet Challenging Nvidia

US stocks gained as traders upped bets of an interest-rate cut and Alphabet Inc. threatened the dominance of Nvidia Corp. in the artificial intelligence sector.

Other

1 week ago Tech Lifts Stocks as Traders Await Key Fed Data: Markets Wrap

Technology stocks led gains in global equities as investors prepared for a week of key economic data amid rising expectations for a December US interest-rate cut.

Economics

2 w. ago Gold trims loss as U.S. Federal Reserve signals a interest rate cut soon

Swap traders now price in a 68% chance of a December rate reduction

Other

2 w. ago Copper Erases Gains as Fed Easing in Doubt After US Jobs Data

Copper erased gains as traders cast doubt on a December rate cut by the Federal Reserve following a mixed US jobs report.

Other

2 w. ago Stocks Keep Gaining After Jobs as Nvidia Surges: Markets Wrap

A rally in stocks powered ahead as optimism over prospects for the artificial-intelligence technology that has fueled the bull market overshadowed waning expectations for a Federal Reserve rate cut.

Economics

3 w. ago Chile Central Bank Member Was Open to Weighing October Rate Cut

Chile’s central bank said one board member was open to discussing a borrowing cost cut in October even as policymakers agreed there were continued inflation risks, according to the minutes to its last policy meeting.

Other

3 w. ago Bank of Canada considered waiting longer to cut interest rate, deliberations show

Soft labour market and tepid growth justified a cut, but there were differences of opinion about the timing

Other

3 w. ago Bank of Canada Mulled Delaying Cut Until After Carney’s Budget

Bank of Canada officials discussed delaying a rate cut until they had more details about Prime Minister Mark Carney’s budget and US trade policy.

Transport

4 w. ago Chile’s Annual Inflation Slows to Lowest Level Since April 2021

Chile’s annual inflation unexpectedly slowed to the lowest level in April 2021 in a report published days after the central bank said it still needs to gather more data before delivering another interest rate cut.

Economics

4 w. ago Norges Bank Keeps Rate on Hold With Next Cut Still Seen Far Off

Norway’s central bank kept borrowing costs on hold and reiterated that officials will take a while to assess the economy before delivering any further cuts.

Other