Today: October 18, 2026
Today: October 18, 2026

interest rates

Economy|Finance

IMF dials up calls for urgent fiscal consolidation

The International Monetary Fund on Wednesday issued an urgent call for advanced economies and others to reduce government spending, cut deficits and lower

Business|Economy

How Singapore's unique monetary policy works

Singapore's central bank kept its monetary settings unchanged on Wednesday, surprising analysts who expected a tightening, with the economy projected to

Economy|Interview

Fed's Williams sees no need for rate hike in 2027, Bloomberg News reports

By Michael S.

Arts

Fed's Collins sees another rate hike on the table before end of 2026

By Michael S.

Business|Economy|Europe|Finance|Technology

AI limiting European workers' bargaining power, ECB's Lane says

The 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

Business|Economy|Finance|Science|Technology

Brutal session for chip stocks shows AI trade is turning

A 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

Business|Economy|Finance|Stock Markets

Citi profit tops estimates on higher investment banking, services and wealth revenue

Citigroup beat Wall Street estimates for third-quarter profit on Tuesday, helped by stronger investment banking revenue and transactions

Business|Economy|Finance|Stock Markets

Big banks post strong Q3 profits, but warn higher rates and inflation could bite

Wall Street’s biggest banks have reported another strong quarter as U.S. consumers continue to pay bills and businesses invest in AI

Arts|Business|Economy|Finance|Interview|Technology

Goolsbee says AI-induced inflation is 'jumping out of its lane,' Semafor reports

Federal 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

Africa|Americas|Arts|Asia|Australia|Business|Economy|Europe|Finance|MidEast|Science|Technology|World

Dollar retreats from 18-month high as oil prices fall, inflation data in focus

The 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

Arts

US Treasury yield peak still ahead as Fed likely to tighten again, PIMCO's Ivascyn says

US Treasury yields may have further room to rise, with the Federal Reserve likely to deliver one or two more rate increases before the current

Business|Economy|Finance|Stock Markets

Higher yields revive the case for a new-look 60/40 portfolio

US investors are favourably reassessing the traditional 60% stock, 40% bond portfolio strategy as a selloff in government debt lifts yields to levels

Uncategorized

US home sales rose in September, but slowed from a year earlier as mortgage rates, prices rose

Sales 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

Arts|Economy

Japan's wholesale inflation remains elevated, keeps alive BOJ rate-hike view

Japan'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

Business|Economy|Finance

Britain needs to keep deficit reduction on track, IMF says

Britain needs to ensure it sticks to its deficit reduction plans as government borrowing soars elsewhere, the International Monetary Fund warned on

Business|Economy|Finance|Interview|Stock Markets|US

Fed's Hammack: Hope to cool demand, and inflation, without job market pain

Cleveland Federal Reserve President Beth Hammack said on Monday she hopes the Fed can lower inflation without damaging the job market, but that may

Business|Economy|Finance|Stock Markets

Nasdaq falls ahead of earnings, economic data while oil rallies

The technology-heavy Nasdaq composite closed lower on Monday as oil prices jumped nearly $2 a barrel after attacks on a Saudi airport, and

Asia|Business|Economy|Europe|Finance|Stock Markets

Oil rallies, sending dollar higher on expectations of higher US rates

Oil prices climbed on Monday as attacks on Saudi Arabia overshadowed hopes for supply improvements, and expectations for higher US

Business|Economy|Finance|Stock Markets|US

Goldman upgrades global equities on earnings optimism

Goldman Sachs on Monday upgraded its three-month view on global equities to "overweight" from "neutral", saying earnings growth remains supportive for equities and valuations have

Business|Economy|Finance|World

India inflation jumps to 5.54% in September, strengthening case for further rate hikes

India's retail inflation jumped to 5.54% in September, data showed on Monday, nearing the upper end of the central bank's 2%-6% tolerance band and strengthening the case for further

Business|Economy

Russia's new budget allows more monetary easing, but is not the only factor, central bank official says

Russia's three-year budget plan is in line with the central bank's July forecast and will allow for a further easing of monetary policy,  Deputy Central Bank Governor Alexei

Business|Economy|Finance

Fed officials are warning of more pain. Many Americans are already feeling it

Fed officials are warning of more pain. Many Americans are already feeling it

Economy|Finance

Middle East war, high debt levels to dominate IMF-World Bank meetings in Bangkok

Finance officials from around the world will gather in Bangkok this week under the shadow of a widening war in the Middle East, the biggest-ever energy

Business|Economy|Finance|Stock Markets|US

Bank earnings, CPI headline busy markets week as S&P 500 hovers near records

Quarterly earnings reports from banks, along with inflation data and other economic releases next week, will offer US stock investors insight into the

Arts|Economy|Finance|Stock Markets|US

Stocks advance ahead of earnings, navigating still-high Treasury yields and oil prices

World stocks rose on Friday, with government bond yields and oil prices only incrementally higher, ahead of key economic

Business|Economy|Europe|Finance|World

Euro falls, set for fifth straight weekly drop as oil prices rise

The euro was poised for a fifth straight weekly drop on Friday, with early gains fading as oil prices erased earlier declines, but recent selling

Economy|Finance

With midterms approaching, Americans’ confidence in the economy is in a tailspin

With midterms approaching, Americans’ confidence in the economy is in a tailspin

Business|Economy|Finance

Bonds, bombs and barricades

Could bond market pain be contagious?

Business|Economy|Finance|Stock Markets

US 10-year Treasury yield risks hitting 6% for first time since 2000, Pimco's Ivascyn tells FT

The benchmark 10-year US Treasury yield could rise to 6% for the first time since 2000 as high oil prices fuel inflation concerns and worries over the country's growing public debt,

Asia|Business|Economy|Finance|MidEast

Singapore poised to tighten monetary policy amid strong growth and rising inflation risks

Singapore is expected to tighten monetary policy at a scheduled review on Wednesday as robust growth and inflation risks bolster the case

Business|Economy|Political

Japan PM vows to keep watching yen, inflation moves carefully

Japanese Prime Minister Sanae Takaichi said on Friday the government will continue to scrutinise exchange-rate and price developments carefully, and respond appropriately.

Arts|Business|Economy|Finance

Japanese annual household spending drops for 9 straight months

Japanese household spending fell less than expected in August from a year earlier, government data showed on Friday, for a ninth straight month of decline.

Arts

Rising oil prices, falling technology stocks and reversing bond yields keep Wall Street unsettled

Some sharp reversals kept financial markets unsteady, as oil prices rose and U.S. stock indexes swung

Arts|Business|Economy|Finance|Stock Markets|Technology

S&P 500, Nasdaq end lower as crude prices jump, chip stocks weigh

US stocks dipped on Thursday as crude prices surged on a spike in Middle East tensions and a cut in US output that stoked inflation

Business|Economy|Finance|Stock Markets|US

US bonds rally after 30-year auction finds solid demand

US Treasuries rose on Thursday, with most yields across the curve falling for just the second time this week, after a 30-year bond auction met

Business|Economy|Finance

Dollar eases as European yields pull back from highs

The dollar retreated on Thursday as a rise in euro zone bond yields stalled, while expectations for the path of interest rates from the Federal Reserve

Business|Economy|Finance|Stock Markets

Wall Street winces at bond squeeze

Stock markets finally stalled on Wednesday and early Thursday as the bond crunch ground on, with the latest Federal Reserve minutes showing most policymakers in

Economy|Europe|Finance

ECB to hike rates again in December as inflation almost doubles 2% target: Reuters poll

The European Central Bank is expected to hold its deposit rate at 2.50% this month but raise it by 25 basis points in December as inflation runs nearly

Arts|Business|Economy|Europe|Finance|MidEast

UK 10-year borrowing costs rise to 19-year high after oil prices jump

British long-term borrowing costs hit fresh multi-decade highs on Thursday as part of a global bond selloff driven by a sharp rise in oil prices triggered by attacks on

Business|Economy|Finance|Technology

AI boom to fuel Australia inflation despite higher rates, ex-RBA official says

Australia's AI investment boom is likely to boost inflation in the near term as productivity benefits take longer to emerge, leaving the central bank with limited

Finance

Bank of England's Pill says central banks must focus on inflation

Bank of England Chief Economist Huw Pill said on Thursday that central banks had to keep their focus on fighting inflation against the backdrop of rising bond yields in

Business|Economy|Finance

Bank of England's Greene says UK pay outlook worries her

British employers look on course to raise pay by around 3.5% next year, a bigger increase than would be helpful in returning inflation to its 2% target, Bank of England

Business|Economy|Finance

'Dangerous' for BoE to rely on high bond yields to control inflation, MPC's Greene says

The Bank of England should not continue to rely on high bond yields to do its job of taming inflation, Monetary Policy Committee member Megan Greene said on Thursday.

Arts|Economy|Europe|Interview

With inflation risks to upside, ECB may need to hike more, Dolenc says

The European Central Bank may have to keep raising interest rates given an abundance of upside inflation risks but the timing and size of any move remain

Economy|Europe

Le Pen lifting retirement age is key to French bond yields, RBC BlueBay strategist says

How far French borrowing costs rise will depend on whether presidential candidates, above all far-right frontrunner Marine Le Pen,

Arts|Economy|Finance|MidEast|US

Fed's Waller: More hikes needed, but there is 'flexibility' about the pace

US Federal Reserve Governor Christopher Waller said on Thursday that additional rate hikes will likely be needed to lower inflation to the Fed's 2%

Business|Economy|Finance

Bank of Japan sees broadening inflationary pressure

The Bank of Japan said price increases driven by higher raw material costs were spreading to consumer goods with some firms hiking prices more often,

Arts|Asia|Business|Economy|Environment|Europe|MidEast

Thai central bank in no rush to raise rates, governor says

Thailand's central bank chief said on Thursday there is no rush to raise interest rates and monetary policy could not address structural issues constraining economic growth.

Arts|Economy|Entertainment|Finance|Food|Lifestyle|Opinion|Technology

Fed minutes show some officials want to prepare for market stress

Federal Reserve meeting minutes from last month’s policy meeting noted some officials believe it’s time for the central bank to get ready for bond market stress.

Business|Economy|Finance|Stock Markets

Trading Day: Stocks, bonds in delicate dance 

A sea of red swept across global stocks on Wednesday as the bond market selloff picked up again and lifted long-dated US yields to 24-year highs,

Business|Economy|Finance|Stock Markets|Technology

Wall Street retreats from its record as stocks fall worldwide

U.S. stocks pulled back from their record

Arts

Trump says Federal Reserve Board would like to see the country do badly

US President Donald Trump, asked by a reporter on Wednesday about mortgage rates, said the Federal Reserve Board "would like to see the country do badly".

Business|Economy|Finance|Stock Markets

Wall Street ends lower, off record highs, as Treasury yields climb

Wall Street closed lower on Wednesday, as long-dated US Treasury yields resumed their climb, reviving fears about inflation and

Arts|Economy|Entertainment|Finance

Fed policymakers divided over rate-hike logic in September, minutes show

Federal Reserve policymakers were divided last month over the rationale for raising interest rates, with "some participants" seeing a hike as needed

Business|Economy|Finance

Fed minutes: Another rate hike likely coming this year to combat persistent inflation

Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, minutes released Wednesday from the central bank’s most recent meeting showed

Arts|Business|Economy|Environment|Finance|Science|Technology

NY Fed September survey finds public expecting more near-term inflation

By Michael S.

Business|Economy|Finance|World

Euro drops toward 17-month lows, dollar holds gains after Fed minutes

The euro tumbled on Wednesday as French bonds came under renewed pressure on fiscal concerns, while the dollar held gains following the minutes from

Business|Economy|Finance|Science|Stock Markets|Technology|World

Existential threats join bubble fears as AI mood sobers at Singapore forums

Existential and financial risks posed by the artificial intelligence boom were top of mind for investors and policymakers at two conferences in Singapore

Business|Economy|Finance|Stock Markets|US

Storm brewing

As the US third-quarter earnings season gets set to kick off, Wall Street's S&P 500 joined the Nasdaq in setting a new record high on Tuesday - its first in about six

Business|Economy|Finance|Political

Fed minutes could detail rate-hike decision, policy path

A readout on Wednesday of the Federal Reserve's last policy meeting is expected to show a much broader debate than reflected in the unanimous decision

Business|Economy|Finance

India raises policy rate by 25 bps in first hike in nearly four years

The Indian central bank raised its benchmark repo rate INREPO=ECI by 25 basis points to 5.5% on Wednesday, marking the first rise in nearly four years amid mounting inflation and

Business|Economy|Finance

India joins global rate-tightening wave with first hike in nearly 4 years

India's central bank raised its benchmark repo rate by 25 basis points to 5.5% on Wednesday, marking the first rise in nearly four years amid

Business|Economy|Finance

Japan's real wages rise for eighth straight month in August  

Japan's real wages rose 1.5% in August from a year earlier, marking the eighth consecutive month of gains, government data showed on Wednesday, pointing to a continued

Economy|Finance|Stock Markets|Technology

Trading Day: Running with the bulls

The S&P 500 and Nasdaq hit record highs on Tuesday as a pause in the bond market sell-off and steady oil prices paved the way for a tech- and AI-

Business|Economy|Finance

New York Fed says supply chain pressures rose last month relative to August

Supply chain pressures heated up modestly in September, a report said from the Federal Reserve Bank of New York on Tuesday.

Economy|Finance

Euro bounces as decline in French bond yields cools debt jitters

The euro rebounded on Tuesday and was poised for its strongest move higher in seven weeks after falling to a 17-month low on the prior day, as a

Business|Economy|Finance

Slowdown in money-fund cash flow hits short-term Treasuries

A stream of investor cash flowing into money-market funds has slowed significantly this year, pushing up yields on Treasury bills and

Business|Economy|Europe|Finance|World

ECB's Rehn: High yields to dampen energy price pass-through

Rapid energy inflation across the euro zone has not yet spread to other goods and services, and the recent rise in bond yields is likely to dampen price pressures as it

Business|Economy|Finance

High inflation has become embedded in Britain, Bank of England's Mann says

Inflation running above the Bank of England's 2% target appears to have become embedded in the British economy and risks getting further entrenched in wage negotiations early

Arts

BOJ chief calls for more focus on anchoring inflation around target

Bank of Japan Governor Kazuo Ueda said on Tuesday it was becoming more important to anchor underlying inflation around the central bank's 2% target, signalling

Arts|Asia|Business|Finance|World

Thai September headline CPI rises 2.82% on year, below forecast

Thailand's headline consumer price index rose 2.82% in September from a year earlier, after a 2.53% annual increase in the previous month, driven by higher fuel and food

Business|Europe|Finance|Stock Markets

Spain to France: hold my cerveza

A look at the day ahead in European and global markets from Stella Qiu Just when markets thought Europe's political theatre could not get more crowded with the French fiscal drama, Spanish Prime

Business|Economy|Finance|World

BOJ may signal underlying inflation has hit 2% goal, sources say

The Bank of Japan may signal this month that underlying inflation has roughly hit its 2% target, three sources familiar with its thinking

Business|Economy|Finance|Stock Markets|World

Nasdaq hits record as dollar and Treasury yields climb, oil prices ease

Wall Street equities were buoyed by advances in mega-cap stocks on Monday, as Treasury yields held near multiyear highs, the dollar advanced