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Economic News
IMF Chief Says Fed Rate Cuts Are Better Late Than Early
(Bloomberg) -- The head of the International Monetary Fund said the Federal Reserve and…
Treasuries Surge as Bank Stock Rout Rekindles Fed Rate-Cut Hopes
(Bloomberg) -- Treasury yields tumbled Thursday as a second day of declines for US…
Three Latin American Central Banks Cut Interest Rates as Fed Stays Put
(Bloomberg) -- Three of Latin America’s key economies plan to keep easing monetary…
More Americans apply for unemployment benefits but layoffs still historically low
The number of Americans filing for jobless benefits rose last week to the highest level…
Futures climb following Wall St selloff after Fed holds rates steady
By Ankika Biswas and Johann M Cherian(Reuters) -U.S. stock index futures rose on…
Bank of England Signals Rate Cuts Possible Once Inflation Eases
(Bloomberg) -- The Bank of England opened the door to interest-rate reductions,…
Inflation in Europe edges down again. But will Houthi attacks on ships spoil the relief?
FRANKFURT, Germany (AP) — Inflation in Europe edged lower in January to 2.8%, keeping…
Fed’s Powell Cements Pivot But Pushes Back on Timing of Cuts
(Bloomberg) -- Federal Reserve officials cemented the end of their aggressive campaign…
Oil Resumes Gain Ahead of Promised US Response to Jordan Attack
(Bloomberg) -- Oil edged higher after the biggest decline in three weeks on Wednesday…
Fed Keeps Rates Steady While Powell Says March Cut Unlikely
(Bloomberg) -- The Federal Reserve held interest rates steady for a fourth straight…