3 h. ago Musalem Says Inflation Expectations Key If Fed’s Goals Conflict

Federal Reserve Bank of St. Louis President Alberto Musalem said that while he anticipates price growth to moderate toward the central bank’s 2% goal, it is vital for policymakers to keep inflation expectations in check.

Economics

10 h. ago Inflation eases to 2.4% in Europe, supporting likely central bank rate cut

FRANKFURT, Germany (AP) — Inflation in Europe eased to an annual 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering borrowing costs for an economy that’s still struggling to show robust growth. The February figure for […]

Economics

14 h. ago Indonesia Posts First Annual Deflation in More Than Two Decades

Indonesia recorded its first annual deflation in more than two decades as electricity tariffs and prices of some staple foods fell, potentially giving room for the central bank to weigh a rate cut if the rupiah stabilizes.

Other

4 d. ago Schmid Says Fed May Need to Balance Growth Concerns, Inflation

Federal Reserve Bank of Kansas City President Jeff Schmid sounded a warning about rising inflation expectations and concerns over economic growth, cautioning that the US central bank may soon confront both.

Economics

5 d. ago Thailand Surprises With Rate Cut as Risks to Growth Increase

The Bank of Thailand unexpectedly cut its key interest rate for the first time in four months, acting after disappointing growth data and public calls for lower borrowing costs from both the prime minister and the International Monetary Fund.

Other

6 d. ago Scotiabank Tops Estimates on Loan Income, Credit Provisions Miss

Bank of Nova Scotia beat estimates as it benefited from lower funding costs after the country’s central bank cut interest rates by 200 basis points since last June, even as it set aside more money than expected for possibly bad loans.

Economics

7 d. ago Mexico Inflation Ticks Higher in Line With Banxico Forecasts

Mexico’s annual inflation accelerated roughly in line with economists’ forecasts in early February, holding near the central bank’s estimates and keeping chances of a sixth straight interest rate cut in play.

Economics

1 week ago Bank of Canada’s Macklem Doubts Core Inflation Gauges, Pledges Review

Bank of Canada Governor Tiff Macklem says underlying price pressures may be cooler than indicated by the central bank’s two preferred measures of core inflation.

Economics

1 week ago Central bank has limited tools to mitigate trade war: Tiff Macklem

MISSISSAUGA, ONT. — Bank of Canada governor Tiff Macklem says the central bank doesn’t have a lot of tools in its toolbox to mitigate the devastating effects tariffs would have on the economy. In prepared remarks for a speech Friday, Macklem said if the U.S. imposes its threatened tariffs and Canada retaliates, Canadian economic growth […]

Economics

1 week ago Mexico’s Central Bank Looks to Easing Amid US Tariff Pressure

Mexican central bank policymakers pledged to continue monetary policy easing despite the uncertainty generated by the US proposal to implement tariffs on all of Mexico’s exports.

Economics

1 week ago Fed’s Musalem Sees Increased Risk of Inflation Stalling Above 2%

Federal Reserve Bank of St. Louis President Alberto Musalem said policy should remain “modestly restrictive” until it’s clear inflation is on track to the central bank’s 2% target, and that he sees increased risks that progress may stall or even reverse.

Economics

1 week ago Could Trump policies impact inflation fight? U.S. Fed is concerned

Policymakers at last month's meeting agreed they should hold interest rates steady until it was clear that inflation would dependably fall to the central bank's target.

Economics

1 week ago Bank of Canada could skip March rate cut: Economists on the latest inflation numbers

Policymakers find themselves in an awkward position. some say

Economics

1 week ago Australian central bank cuts benchmark interest rate for the first time since October 2020

MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation cools. The Reserve Bank of Australia reduced the cash rate by a quarter percentage point from 4.35% to 4.1%. at its first board meeting for the year. The cut was […]

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