Economy News Charting The Global Economy Ecb Cuts Rates, Us Payrolls Surge

Charting the Global Economy: Fed reins in rate-cut expectations

North American central banks lowered borrowing costs but signaled fewer cuts ahead, while the ECB and Bank of Japan held rates steady. AI is boosting US economic growth, and Europe shows resilience ... Read More

Wall Street digests global selloff over AI worries and US rate cut doubts - as it happened

Investors are fretting over the pace of rate cuts and pricey valuations of heavyweight artificial intelligence stocks that have fueled much of the U.S. stock market's gains in recent years. Read More

Charting the global economy: Bank of England holds line on rates

Global central banks are navigating complex economic landscapes. The Bank of England paused rate cuts, hinting at a December move dependent on inflation and jobs. Read More

ECB to Pause Rates at Least Until 2027 on Steady Inflation and Growth Outlook

BENGALURU -The European Central Bank has finished cutting interest rates as inflation holds around its 2% target and the economy marches steadily on, according to a growing majority of economists in a ... Read More

Fed's December rate cut looks increasingly like a toss-up

Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a growing number of Federal Reserve policymakers are signaling reticence ... Read More

The unprecedented government shutdown will weigh on a US economy already under stress

The six-week government shutdown that came to an end late Wednesday will be another drag on an economy already facing many challenges, though the full impact will take months to measure ... Read More

ECB holds rates steady with eurozone more resilient

The European Central Bank kept interest rates unchanged again Thursday, saying inflation was in check and risks to the eurozone economy had eased while warning of continued risks from trade and ... Read More

ECB to hold interest rates steady with inflation subdued

The European Central Bank is expected to hold interest rates steady this week for its third straight meeting, with inflation under control and the long-struggling eurozone economy looking healthier. Read More

More ECB Rate Cuts Increasingly Unlikely, Wunsch Says

WASHINGTON (Reuters) -The chances of further interest rate cuts from the European Central Bank are declining given the economy's resilience and inflation holding around the 2% target, Belgian central ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ... Read More