Fed’s Schmid Cites Inflation Risks in Dissent Against Rate Cut
Federal Reserve Bank of Kansas City President Jeff Schmid said he voted against the US central bank’s decision…
Şimşek says recent price data don’t alter disinflation perception
Türkiye’s disinflation process remains on track despite recent price data, Treasury and Finance Minister Mehmet Şimşek said on…
AI Boom Drives US GDP Growth
I’m Ben Holland, an economics editor in Washington. Today we’re looking at the US AI boom and its…
Is a Private Credit Crisis Brewing? Tricolor, First Brands Shake Wall Street
The business model of Tricolor Holdings didn’t sound especially stable to begin with. The auto lender, based in…
Fears over PTSB job cuts and free bus fares in Dublin – The Irish Times
PTSB’s move to put itself up for sale has stoked concerns a new owner will cut branches and…
Jerome Powell says the AI hiring apocalypse is real: ‘Job creation is pretty close to zero.’
Federal Reserve Chair Jerome Powell drew a stark picture of a labor market that looks fine on the…
ECB Holds Rates With Inflation Near 2% and Economy Expanding
The European Central Bank left interest rates unchanged for a third meeting, with inflation in check and the…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…
US Mortgage Rates Fall to 6.3%, Boosting Buying and Refinancing
US mortgage rates fell to a fresh one-year low, encouraging more homeowners to refinance and drawing prospective buyers…
RBA Faces Tough Balancing Act on Interest Rates, Governor Bullock Says – Bloomberg.com
RBA Faces Tough Balancing Act on Interest Rates, Governor Bullock Says Bloomberg.comAustralian Dollar holds gains as US Dollar declines…
Euro Zone to Get Hard Data on Tariff Damage as ECB Sets Rates
Europe will get a rigorous economic health-check this week, helping gauge the impact of US tariffs on growth…
Fed likely to cut rates again despite uncertainty from shutdown
The Federal Reserve (Fed) is expected to announce its second rate cut of the year at a meeting…