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

Charting the global economy: Tame US CPI supports more fed rate cuts

Softer-than-expected US inflation data offers the Federal Reserve potential room to cut interest rates beyond next week's meeting. Meanwhile, Canada is ready to resume trade talks with the US, and ... Read More

ECB keeps rates unchanged as economy hums along despite trade strife

The European Central Bank kept interest rates unchanged at 2% in a well-telegraphed decision on Thursday, offering no clues about its next move, even as investors keep betting that one final cut may ... Read More

ECB keeps rates unchanged as economy holds up for now

The European Central Bank kept interest rates unchanged at 2% for the third meeting in a row on Thursday and repeated that policy was in a "good place" as economic risks recede and the euro zone shows ... 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

Trade Tensions Weigh on IMF’s Outlook for Global Economy

Fed Chair Jerome Powell was speaking in Philadelphia before the National Association of Business Economics. Photo: Hannah Beier/Bloomberg News Tariffs, inflation and other threats such as eroding ... Read More