2 h. 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 h. 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

8 h. 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

18 h. 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

27 h. 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

6 d. 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

7 d. 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

7 d. 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

7 d. 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

7 d. 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

2 w. ago London stocks rise on a boost from consumer staples and utilities By Reuters

London stocks rise on a boost from consumer staples and utilities By Reuters  Investing.com

Politics

2 w. ago London stocks rise on a boost from consumer staples and utilities

London stocks rise on a boost from consumer staples and utilities  Reuters

Politics

2 w. ago Fed official says he could back jumbo rate cut if US economy weakens sharply

Central bank governor says August jobs report will be pivotal in setting direction of monetary policy

Politics

3 w. ago Trump gives meandering answer about the Fed after Powell hints at rate cut the president has long wanted

The Federal Reserve chairman’s remarks come as Trump has long demanded an interest rate cuts

Politics

3 w. ago Powell says ‘shifting’ economic risks strengthen case for Fed rate cut

Central bank chair warns of ‘challenging situation’ with tariffs pushing up inflation and jobs market cooling

Economics

3 w. ago Fed chair Jerome Powell signals interest rate cuts amid Trump attacks

Jerome Powell – who Trump has urged to resign – addressed ‘challenging’ dichotomy of economic risks, including tariffsThe Federal Reserve is gearing up to resume cuts to interest rates, its chair, Jerome Powell has signaled, as he warned Donald Trump’s tariffs and immigration crackdown had roiled the global economy and hit the US workforce.For months, Powell has ignored demands from the president to cut interest rates and defied the US president’s calls to resign. But as Trump ramps up his extraordinary attack on the Fed’s independence, Powell suggested on Friday that Fed officials are considering a rate cut. Continue reading...

Politics

3 w. ago US Fed’s Powell signals possible rate cut in Jackson Hole speech – business live

Chair of the Federal Reserve says US economy is facing ‘challenging situation’ as inflation risks persist and job market coolsUnions are raising concerns about the threat of TikTok layoffs, warning it would put millions of British TikTok users at risk.John Chadfield of the Communication Workers Union (CWU) said:TikTok workers have long been sounding the alarm over the real-world costs of cutting human moderation teams in favour of hastily developed, immature AI alternatives.This has been a constant concern throughout the process of TikTok workers’ effort to form a union. Continue reading...

Politics

3 w. ago Powell signals Fed may cut rates soon even as inflation risks remain

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the economy

Economics

3 w. ago Powell says ‘shifting’ economic risks heighten case for Fed rate cut

Central bank chair warns of ‘challenging situation’ with tariffs pushing up inflation and jobs market cooling

Economics

4 w. ago London stocks rise but defence shares retreat after Ukraine talks

London stocks rise but defence shares retreat after Ukraine talks  Reuters

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