South Korea elects a president as EU rules on Bulgarian euro entry
Also, a week of decisions on European interest rates, British defence spending and Canadian growth legislation ...
BOJ sets aside maximum provisions for bond transactions, Nikkei reports
The Bank of Japan has set aside the maximum provision for losses on bond transactions, the Nikkei reported on Monday.
Fed’s Waller sees path to multiple interest-rate cuts this year
The Federal Reserve will likely be able to lower interest rates this year, and recent data supports this outlook, Fed Governor Christopher Waller said.
Fed's Waller still open to cutting interest rates later this year
Federal Reserve Governor Christopher Waller said Sunday that interest rate cuts remain possible later this year even as the Trump administration’s tariff regime is likely to push up price pressures ...
Japan sets sights on Africa’s critical minerals, rare earths to cut reliance on China
Tokyo is reasserting a commitment to do more business with Africa as Japanese firms also look to bring new technologies to the continent.
Stanley Fischer, who spread the macroeconomic gospel, dies at 81
Dispatched on several occasions to extinguish emergencies around the world, the esteemed economist drew academic lessons from his experience with countries in crisis.
Slovak central bank chief Kazimir should not get another term, prime minister says
Slovak central bank governor and European Central Bank policymaker Peter Kazimir is not the right candidate to get another six-year term and the country's main ruling party will not back him, Prime ...
US debt is 'sound', no concerns about US dollar's reserve role, Taiwan's central bank says
Taiwan's central bank said on Sunday that U.S. government debt is "sound" and still favoured by investors, and there are no worries about the U.S. dollar's position as the leading international ...
Taiwan Central Bank Warns Exporters Against Currency Speculation
Taiwan’s Central Bank strengthened its warning to local trading companies over their currency purchases as it seeks once again to tamp down speculation on foreign exchange markets and maintain the ...
Slovak Central Bank Chief Kazimir Should Not Get Another Term, Prime Minister Says
(Reuters) - Slovak central bank governor and European Central Bank policymaker Peter Kazimir is not the right candidate to get another six-year term and the country's main ruling party will not back ...
Tunisia's central bank keeps key interest rate unchanged at 7.5%
Tunisia's central bank has kept its benchmark interest rate unchanged at 7.5%, an official at the bank told Reuters on Friday.
South African assets firm after central bank trims lending rate
South Africa's rand, government bonds and stocks strengthened on Thursday after the South African Reserve Bank trimmed its main lending rate, citing well-contained inflation. At 1338 GMT, the rand ...
Treasuries Climb as Signs of US Slowdown Back Bets for Fed Cuts
US Treasuries rose after data revealed the world’s top economy shrank at the start of the year, reinforcing bets the Federal Reserve will lower interest rates twice by early 2026.
South African central bank cuts rates and doubles down on lower inflation target
By Sfundo Parakozov, Kopano Gumbi and Alexander Winning PRETORIA (Reuters) -South Africa's central bank was unexpectedly decisive in cutting interest rates on Thursday, with all members of its ...
South African rates in 'neutral zone' after latest cut, central bank deputy says
South Africa's central bank believes it has reached a "neutral zone" on interest rates after its latest cut and now needs government reforms to spark stronger economic growth, Reserve Bank officials ...
Inflation was slowing before tariffs, but the good news might not last. What’s next?
The favored U.S. inflation tracker of the Federal Reserve is expected to show little or no increase for the second month in a row, but the effort to get the cost of living under control might be far ...
Donald Trump Meets with Fed Chair Jerome Powell: What to Know
Federal Reserve Chair Jerome Powell met with President Donald Trump on Thursday at the White House "to discuss economic developments including for growth, employment, and inflation," the Fed board of ...
Powell tells Trump that Federal Reserve’s interest rate policy will depend on data and outlook
Jay Powell, the chair of the Federal Reserve, told Donald Trump that US monetary policy would be dictated solely by economic data and the outlook, as they held their first meeting of the president’s ...
Trump meets Federal Reserve chief Jerome Powell, steps up call for US rate cuts
The president said in the meeting that keeping rates high was putting the US at an economic disadvantage to other countries, including China.
Core inflation in Japan capital hits 3.6%, keeps BOJ rate-hike chance alive
Core inflation in Japan's capital hit 3.6% in the year to May, data showed on Friday, marking a more than two-year high in a sign persistent rises in food costs will keep the central bank under ...
Dollar poised for fifth-straight monthly drop on trade, fiscal uncertainty
The U.S. dollar softened on Friday, heading for its fifth-straight monthly decline as traders braced for further bouts of uncertainty around trade and fiscal health, while investors awaited a pivotal ...
Rising Inflation, Weak Production Put Bank of Japan in Tough Spot
Japanese government data released Friday present a mixed picture of rising inflation and sluggish industrial activity.
New Zealand's interest rates in neutral zone, data to decide next move, central bank official says
New Zealand's interest rates are in the 2.5%-3.5% neutral band, with past policy easing yet to flow through to the economy to make future moves more dependent on how the economy evolves, a senior ...
Trump summons Fed's Jerome Powell, tells him he's making a mistake on rates
President Trump met with Fed Chair Powell, expressing his disagreement with the Fed's interest rate policy and urging rate cuts to gain an economic advantage over other countries. Powell emphasized ...
India federal finance ministry seeks relaxation in central bank's gold loan proposals
India's federal finance ministry has sought relaxations in the new rules on gold loans proposed by the central bank, according to a post on its official social media handle.
Trump spurs questions about safety of Germany's gold in New York
FRANKFURT/BERLIN - The safety of Germany's gold reserves held overseas and in New York in particular, until recently mainly a talking point for the country's far-right party and gold bugs, is becoming ...
Thai economy improved in April on increased manufacturing, central bank says
The Thai economy improved in April from March, driven by the manufacturing sector after a sharp increase in exports drove inventory replenishment and also helped by a slight rise in tourism, the ...
Slovakia's Fico excoriates judge over central banker bribery conviction
Slovak Prime Minister Robert Fico lambasted a judge who fined central bank Governor Petr Kazimir for corruption on Thursday, saying the judge might be politically motivated and should be probed for ...
Main goal in Italy bank M&A should be better credit, savings products, central bank says
The Bank of Italy on Friday urged domestic lenders, which are facing an unprecedented wave of hostile takeover bids, not to lose sight of the main goal of merger deals: improving the offer of credit ...
Thai economy improved in April, outlook still intact, central bank says
The Thai economy improved in April from March and the outlook remains in line with its downwardly revised forecast for this year with the impact of U.S. tariffs to be seen in the second half, the ...
ECB's Panetta: reduced room for more rate cuts but must be flexible
The European Central Bank has reduced room for further rate cuts but should maintain a pragmatic, flexible approach and make future decisions on a case-by-case basis, governing council member Fabio ...
China's central bank injects 700 bln yuan of outright reverse repos in May
China's central bank has injected 700 billion yuan ($97 billion) into its banking system during May through an outright reverse repurchase tool, the bank said on Friday.
China's central bank injects 700 billion yuan of outright reverse repos in May
China's central bank has injected 700 billion yuan ($97 billion) into its banking system during May through an outright reverse repurchase tool, the bank said on Friday. The operations, conducted with ...
German Bund anchor can shield euro area from excessive curve steepening
A global selloff in government bonds due to concerns over high debt and bond sales has not left the euro zone unscathed, but Germany's growing safe-haven status should shield the bloc from an ...
Czech growth helped by investment, exports, tariffs cloud outlook, central bank says
Czech Republic's 2.2% year-on-year economic expansion in the first quarter was above the central bank's forecast of 2.1% mainly thanks to more resilient investments and exports, but the uncertainty ...
Powell met with Trump for first time this term. Here’s what it means for markets.
The Federal Reserve chair “stress[ed] that the path of policy will depend entirely on incoming economic information and what that means for the outlook.”
China Preps $70 Billion in New Capital to Supercharge Investment
China plans to allocate 500 billion yuan ($70 billion) of capital that could be leveraged up to fast track new infrastructure projects as authorities seek to cushion the economy from US tariffs, ...
German inflation nears ECB target in May but challenges remain
German inflation eased further in May, bringing it closer to the European Central Bank's 2% target and bolstering the case for an interest rate cut next week, but economic turmoil and stubbornly high ...
Dollar Losing Safe-Haven Status, Europe Should Take Advantage
The dollar was up against a basket of currencies, but is gradually losing its safe-haven status, presenting an opportunity for the eurozone, ING said.
Fed will avoid rate cuts until sometime in 2026, BNP says
Uncertainty around tariffs and inflation will likely keep the Federal Reserve on hold until sometime in 2026 when it comes to interest-rate cuts, according to BNP Paribas. Investors appear reassured t ...
Brazil's central bank unlikely to cut rates before 2026, Itau says
Brazil's central bank is unlikely to have room to cut interest rates before next year, and even then the risk is tilted toward further delays, economists at Itau Unibanco , the country's largest ...
Stock Market News Today: Investors Await Nvidia Earnings; Nasdaq Opens Higher
Trump's tariffs continue to affect the global economy and markets. Follow for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
EU warns Spain's government not to hinder BBVA's bid for Sabadell
The European Union has warned the Spanish government against trying to prevent banking consolidation it says is needed to create strong lenders, after Madrid announced a ministerial review of BBVA's ...
Russian banks' net profit up 7% m/m in April, central bank says
The net profit of Russian banks rose by 7% in month-on-month terms in April to 261 billion roubles ($3.27 billion), according to data published by the central bank on Wednesday.
Dow on track to finish lower after Fed minutes point to inflation risk
Major U.S. stock indexes were headed mostly lower in Wednesday's final hour of trading after minutes of the Federal Reserve's May 6-7 meeting appeared to emphasize the risks of higher inflation. In an ...
Fed saw inflation, jobless, stability risks at May meeting, minutes show
U.S. Federal Reserve officials at their last meeting acknowledged they could face "difficult tradeoffs" in coming months in the form of rising inflation alongside rising unemployment, an outlook ...
VIX wavers after Fed meeting minutes and as Nvidia results near
Wall Street’s "fear gauge" was wavering on Wednesday afternoon, as investors weighed the minutes of the Federal Reserve's most recent policy meeting. The Cboe Volatility Index, which trades under the ...