4 h. ago Fed officials were cautious about inflation as they agreed rate cuts

Minutes from US central bank’s September meeting showed lingering concern about price pressures

Politics

9 d. ago London stocks rise as financials lead gains; US government shutdown looms

London stocks rise as financials lead gains; US government shutdown looms  Reuters

Politics

2 w. ago FTSE 100 Live: London stocks bounce as miners rise in copper spike, defence boosted by Trump

FTSE 100 Live: London stocks bounce as miners rise in copper spike, defence boosted by Trump  Proactive financial news

Politics

2 w. ago Fed’s Powell signals further US interest rate cuts are not guaranteed

Central bank faces ‘challenging situation’ as it weighs inflation risks while jobs market softens

Politics

2 w. ago Fed has room for three more rate cuts as US growth slows, says OECD

Paris-based group predicts US policy rate will be trimmed to 3.25% to 3.5% by spring next year

Politics

2 w. ago Trump’s Fed pick doubles down on calls to aggressively cut interest rates

Stephen Miran says rates should be below 3% by end of year and dismisses fears of US president’s tariffs stoking inflationStephen Miran, Donald Trump’s new appointee on the Federal Reserve’s interest-rate-setting board, has doubled down on his calls for the central bank to more aggressively cut interest rates.Last week, the Fed cut interest rates by a quarter point, bringing rates down to a range of 4% to 4.25% – the lowest it’s been since early 2023. Out of 12 voting board members, Miran was the only one to vote against the crowd. He wanted a half-point cut, not a quarter-point cut. Continue reading...

Politics

2 w. ago Fed’s Stephen Miran defends call for sharper interest rate cut

Trump ally insists president’s immigration policies are disinflationary

Politics

2 w. ago London stocks rise after Fed cuts rates as expected; focus on Bank of England By Reuters

London stocks rise after Fed cuts rates as expected; focus on Bank of England By Reuters  Investing.com

Politics

2 w. ago London stocks rise after Fed cuts rates as expected; focus on Bank of England

London stocks rise after Fed cuts rates as expected; focus on Bank of England  Reuters

Politics

2 w. ago Will mortgage rates drop further after the Fed's rate cut? Not necessarily

The Federal Reserve just cut its benchmark rate for the first time since last year, but that doesn't guarantee mortgage rates will keep dropping

Politics

3 w. ago Federal Reserve cuts interest rates for first time in nearly a year, from 4.25% to 4% – live updates

Quarter point reduction comes amid concern of political pressure on the independent central bank from the Trump administrationIn economic projections released after the Fed’s rate-cute decision, members of the Fed’s board submitted their economic predictions for the economy over the next few years.A slight majority of board members seem to expect another rate cut by the end of the year, while a majority see more rate cuts in 2026. Board members are predicting a slight increase in unemployment, though they seem to think that inflation will largely cool in 2026 and 2027. Continue reading...

Politics

3 w. ago The Federal Reserve wrestles with how many interest rate cuts to make and how fast

With the Federal Reserve widely expected to reduce its key interest rate by a quarter-point to about 4.1%, economists and Wall Street investors will be looking Wednesday for signs of how deeply the Fed might cut rates in the next few months

Politics

3 w. ago London stocks rise as investors assess corporate earnings, US inflation data

London stocks rise as investors assess corporate earnings, US inflation data  Reuters

Economics

3 w. ago US inflation rises in August as companies push Trump tariffs cost onto consumers

New CPI update shows prices increased 2.9% over the last year, but Wall Street optimistic Fed will cut interest ratesInflation rose slightly in August as companies continued to push the cost of tariffs onto consumers.The newest update to the consumer price index (CPI), which measures a basket of goods and services, showed that prices increased 2.9% over the last year – the highest since January. Core CPI, which excludes energy and food costs, stayed stable at 3.1% after going up in July. Continue reading...

Economics

3 w. ago US inflation rises in August as firms pass Trump tariffs cost on to consumers

New CPI update shows prices increased 2.9% over the last year, but Wall Street optimistic Fed will cut interest ratesInflation rose slightly in August as companies continued to push the cost of tariffs on to consumers.The newest update to the consumer price index (CPI), which measures a basket of goods and services, showed that prices increased 2.9% over the last year – the highest since January. Core CPI, which excludes energy and food costs, stayed stable at 3.1% after going up in July. Continue reading...

Economics

3 w. ago London stocks rise as investors assess corporate earnings, await US inflation data By Reuters

London stocks rise as investors assess corporate earnings, await US inflation data By Reuters  Investing.com

Economics

3 w. ago London stocks rise as investors assess corporate earnings, await US inflation data

London stocks rise as investors assess corporate earnings, await US inflation data  Reuters

Economics