Latest in India's central bank cuts rates for the first time in nearly five years, forecasts faster growth next year
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Bank of England cuts interest rates to 4.5%
The Bank of England has announced an interest rate cut to 4.5%. CBS News foreign correspondent Ramy Inocencio has more on what that means.CBS News - 1d -
Investors price in faster pace of rate cuts after BoE decision
Bank of England reduces interest rate to 4.5% and halves 2025 growth forecastFinancial Times - 1d -
Why central banks’ hunger for gold shows ‘no sign of being quelled’ this year
Central banks stretched their gold-buying streak to a 15th consecutive year in 2024, contributing to rise in total demand for the precious metal to its highest annual level on record — with no sign ...MarketWatch - 2d -
AI ‘godfather’ predicts another revolution in the tech in next five years
Meta’s Yann LeCun says current systems too limited to create domestic robots and fully automated cars. One of the “godfathers” of modern artificial intelligence has predicted a further revolution ...The Guardian - 2d -
Inflation will slow this year, allowing Fed to cut rates further, says former St. Louis Fed chief
Former St. Louis Federal President James Bullard said that inflation will slow markedly this year, allowing the central bank to continue to lower interest rates.MarketWatch - 4d -
Bank of England expected to cut rates again as UK economy stagnates
Quarter-point reduction forecast even as short-term inflation pressures are set to increaseFinancial Times - 4d -
Australia news live: Antoinette Lattouf gives evidence in case against ABC; NAB becomes first of big four banks to cut fixed-interest mortgage rates
Follow today’s news live. Get our breaking news email , free app or daily news podcast Labor names sites of more study hubs for regional uni students . The federal government has announced ...The Guardian - 4d -
India set for blockbuster IPO year despite slowing economic growth
Public flotations could raise more than $23bn in 2025 as local demand keeps valuations highFinancial Times - 5d -
Top Fed officials comments highlight split on central bank about next interest-rate cuts
Bowman, Goolsbee differ on outlook for inflationMarketWatch - 6d -
How five years of Brexit reshaped Britain
Starmer’s ‘reset’ with EU could reduce friction and improve relations for some sectors of societyFinancial Times - Jan. 31 -
Five key impacts of Brexit five years on
The UK left the European Union on 31 January 2020.BBC News - Jan. 31 -
European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.The New York Times - Jan. 31 -
ECB decision: Interest rates cut to nearly 2-year low — and more easing likely
The European Central Bank on Thursday cut interest rates by a quarter of a percentage point, saying it expects inflation to fall back to its target later in the year and signaling that further ...MarketWatch - Jan. 30 -
European Central Bank cuts interest rates to support growth as eurozone economy stagnates - as it happened
Live coverage of business, economics and financial news as ECB cuts main interest rate by 0.25 percentage points in effort to support European economies. It was a flash reading on the Eurozone ...The Guardian - Jan. 30 -
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a ...ABC News - Jan. 30 -
US central bankers resist Trump’s pressure to cut interest rates
Also in today’s newsletter, the White House’s U-turn on freezing federal fundingFinancial Times - Jan. 30 -
Central bank decisions — as they happened: Powell says no rush to adjust Fed policy stance; Canada cuts rates for sixth consecutive meeting
US central bank holds rates steady as it resists Donald Trump’s calls to cut borrowing costsFinancial Times - Jan. 30 -
DoubleLine’s Gundlach says his base case is one rate cut this year, two reductions maximum
"It's going to be a slow process to get to a hurdle to cut rates again. … I don't think you're going to see a cut at the next Fed meeting," Gundlach said.CNBC - Jan. 29 -
Trump bashes Fed after bank doesn't cut rates
President Trump ripped the Federal Reserve and the man he appointed to lead it Wednesday after the central bank kept interest rates steady. In a post on Truth Social, the president accused the Fed ...The Hill - Jan. 29 -
European Central Bank to cut rates again with Trump threat and U.S. divergence in focus
"The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards the Dollar."CNBC - Jan. 29 -
Wall Street still sees two rate cuts this year, but conviction is getting weaker, CNBC survey finds
Respondents dialed back their expectations for interest rate cuts but still believe the central bank will ease this year.CNBC - Jan. 28 -
India, China to Resume Direct Flights After Nearly Five Years
It was the latest thaw in relations between the two countries, whose troops were involved in deadly skirmishes high in the Himalayas in 2020.The New York Times - Jan. 28 -
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India and China agree to resume direct flights for first time in five years
The development is the latest sign of thaw in diplomatic relations between the world’s two most populous nations. India and China have agreed in principle to resume direct flights between the two ...The Guardian - Jan. 28 -
Forget the ‘Magnificent Seven.’ Here are the biggest investment themes in the next five years.
Bank of America offers what it sees will be the top 10 themes by 2030, and investment recommendations to go with those.MarketWatch - Jan. 25 -
Bank of Japan raises rates to highest level in 17 years
Central bank signals more increases to come if wage and price growth hit forecastsFinancial Times - Jan. 24 -
Singapore eases monetary policy for first time in 4 years
City-state’s central bank cites ‘trade frictions’ as it trims growth and inflation forecasts for 2025Financial Times - Jan. 24 -
Turkey's central bank lowers benchmark interest rate to 45%
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 45%ABC News - Jan. 23 -
Zack Steffen plays first US match in nearly 3 years in 3-0 friendly win over Costa Rica
Goalkeeper Zack Steffen played his first international match in nearly three years, Brian White and Caden Clark scored their first national team goals and the United States beat Costa Rica 3-0 in ...ABC News - Jan. 22 -
Birth rate in South Korea, the world's lowest, set to rise for the first time in nine years
South Korea’s birthrate is set to show a rise in 2024 for the first time in nine years, following a rebound in marriages that were delayed due to the pandemic.NBC News - Jan. 22 -
Dick Vitale, now cancer-free, returning to broadcasting for first time in nearly 2 years
After numerous cancer battles, Vitale announced earlier this month his vocal cords are cancer-free.Yahoo Sports - Jan. 17 -
Worst global growth for 6 years forecast due to tariffs
The World Bank predicts global economic growth of 2.7% this year amid concerns living standards will struggle to improve.BBC News - Jan. 16 -
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The latest jump threatens to sideline more buyers and sellers.The New York Times - Jan. 16 -
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.CNBC - Jan. 16 -
Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts
Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%CNBC - Jan. 16 -
BoE may need to speed up rate cuts in coming year, policymaker says
Alan Taylor says stalling UK economy raises risks that five or six reductions will be neededFinancial Times - Jan. 15 -
India’s Maha Kumbh Mela festival gets under way for first time in 144 years
The grand version of the 12-yearly Hindu pilgrimage is expected to draw more than 400 million devotees. The world’s largest religious gathering kicked off on Monday as millions of Hindu devotees ...The Guardian - Jan. 13 -
Dow sees worst start to a year since 2016 as Fed rate-cut hopes fade for 2025
U.S. stocks are down so far in 2025 as market volatility climbs.MarketWatch - Jan. 11 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
10-year Treasury yield drops for first time in five sessions during shortened trading
Treasury yields finished lower in Thursday’s abbreviated trading session, with the bond market shutting early in observance of a national day of mourning to honor former President Jimmy Carter.MarketWatch - Jan. 9