Fed's Daly says rate hikes likely needed, but not urgently
The Federal Reserve will probably need to increase short-term interest rates further to rein in too-high inflation, San Francisco Federal Reserve
October 15, 2026The Federal Reserve will probably need to increase short-term interest rates further to rein in too-high inflation, San Francisco Federal Reserve
October 15, 2026US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and
October 15, 2026The head of the International Monetary Fund says the United States and other wealthy nations must urgently tackle mounting global debt, which is weighing most heavily on low-income countries
October 14, 2026UK stocks ended higher on Wednesday, supported by a rise in healthcare and consumer staples sectors, which gained on a weaker sterling after data showed US inflation came in hotter
October 14, 2026U.S. inflation accelerated last month as gas, clothes, and air fares got more expensive, evidence that rising prices remain an economic challenge just a few weeks before the midterm elections
October 14, 2026Bank of England Chief Economist Huw Pill, who has voted for a quarter-point interest rate hike in recent months, said on Wednesday he was more sceptical about market pricing of four
October 14, 2026A look at the day ahead in European and global markets from Rocky Swift With US Federal Reserve officials singing a less hawkish tune overnight, Singapore kept the dovish trend rolling with a surprise
October 14, 2026US consumer prices likely surged in September, driven by rising gasoline and food costs, and adding to a string of unfavorable developments for President Donald Trump
October 14, 2026The International Monetary Fund on Wednesday issued an urgent call for advanced economies and others to reduce government spending, cut deficits and lower
October 14, 2026Singapore's central bank kept its monetary settings unchanged on Wednesday, surprising analysts who expected a tightening, with the economy projected to
October 03, 2023By Michael S.
October 14, 2026By Michael S.
October 14, 2026The increased use of AI by euro zone companies could curb workers' ability to demand higher wages while heavy investment into the new technology may be materially
October 14, 2026A selloff in AI supplier shares on Tuesday is the strongest sign to date that the mood on the trade of the decade is shifting, with growing worries that
October 13, 2026Citigroup beat Wall Street estimates for third-quarter profit on Tuesday, helped by stronger investment banking revenue and transactions
October 13, 2026Wall Street’s biggest banks have reported another strong quarter as U.S. consumers continue to pay bills and businesses invest in AI
October 13, 2026Federal Reserve Bank of Chicago President Austan Goolsbee said on Tuesday that inflation is starting to feel like "aggregate overheating" fueled by spillovers from the artificial
October 13, 2026The dollar slipped from an 18-month high on Tuesday as oil prices retreated and investors reassessed the AI-fueled rally that has supported demand for US
October 13, 2026US Treasury yields may have further room to rise, with the Federal Reserve likely to deliver one or two more rate increases before the current
October 13, 2026US investors are favourably reassessing the traditional 60% stock, 40% bond portfolio strategy as a selloff in government debt lifts yields to levels
October 13, 2026Sales of previously occupied U.S. homes rose in September from the previous month, but slowed compared to a year ago, the latest sign the housing market remains stalled as rising mortgage rates and home prices discourage prospective homebuyers
October 13, 2026Japan's wholesale prices rose 6.8% in the year to September, according to data released on Tuesday, slowing from the previous month but highlighting mounting
October 13, 2026Britain needs to ensure it sticks to its deficit reduction plans as government borrowing soars elsewhere, the International Monetary Fund warned on
October 13, 2026Cleveland Federal Reserve President Beth Hammack said on Monday she hopes the Fed can lower inflation without damaging the job market, but that may
October 13, 2026