Latest in India's central bank revises down economic growth forecast for 2025, keeps interest rate steady
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European Central Bank likely to cut rates while weighing US trade concerns and France's chaos
The European Central Bank is releasing its its decision on interest rates and a rate cut is a foregone conclusionABC News - 3m -
Ontario premier says US energy exports will be cut off if Trump imposes sweeping tariffs on Canada
The premier of Canada’s most populous says he will cut off energy to the United States if President-elect Donald Trump imposed sweeping tariffs on all Canadian productsABC News - 4h -
Exclusive-BOJ leaning toward keeping rates steady next week, sources say
The Bank of Japan is leaning toward keeping interest rates steady next week as policymakers prefer to spend more time scrutinising overseas risks and clues on next year's wage outlook, said five ...Yahoo Sports - 3h -
Bank of Canada warns Trump’s tariffs will ‘dramatically’ hit growth
Central bank has slashed borrowing costs five times this year in an effort to combat unemployment and boost growthFinancial Times - 14h -
Unusual scales on crocodile heads due to skin growth rate, scientists say
Researchers find that varying stiffness and speeds at which skin grows lead to ‘mechanical’ formation of inward folds. It sounds like a conundrum that Rudyard Kipling would have explored in his ...The Guardian - 16h -
Inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - 18h -
India's new central bank governor takes over as economic growth slows and inflation rises
Sanjay Malhotra, a career civil servant, has become India’s new central bank governor at a time when the country’s economic growth is slowing and inflation is surgingABC News - 21h -
European Central Bank heads for last rate cut of year — but jumbo move seems off the table
The euro zone central bank will need to do "heavy lifting" next year to support the waning economy, analysts say.CNBC - 23h -
Here’s three things to watch when the central banks of the eurozone and Switzerland meet on ‘Super Thursday’
Rate cuts are expected but some analysts disagree with the market on how big one will be.MarketWatch - 1d -
Biden Calls Project 2025 an ‘Economic Disaster,’ Prays That Trump Will Throw It Away
President Joe Biden reflected on his economic achievements during an address at the Brookings Institution, reminding attendees about the strong economy he’s leaving for his successor.Inc. - 1d -
Will HELOC interest rates continue dropping this December?
HELOC interest rates have been on a decline for much of 2024 but will they continue to drop this month?CBS News - 1d -
Why some credit card APRs are rising even after the Fed slashed interest rates
Most credit cards have a variable rate with a direct connection to the Federal Reserve’s benchmark.NBC News - 1d -
The India IPO party floats into 2025
In this newsletter’s first edition, the CFA’s decline and advice from Uday KotakFinancial Times - 2d -
The Fed slashed interest rates, but some credit card APRs aren't going down. Here's why
Although the Federal Reserve started slashing interest rates in September, the average retail card rate has only gone up.CNBC - 2d -
India appoints Revenue Secretary Sanjay Malhotra as new central bank governor
India has appointed Sanjay Malhotra as governor of the country's central bank for a three-year period, according to CNBC TV18.CNBC - 2d -
India replaces ‘hawkish’ central banker Shaktikanta Das
Incoming Reserve Bank of India governor Sanjay Malhotra seen as more likely to cut rates despite rising inflationFinancial Times - 2d -
'Cambodian Rock Band,' revised 'Flower Drum Song' lead East West Players' 2025-26 season
The 60th anniversary season is the first with new artistic director Lily Tung Crystal at the helm of the nation's oldest and largest producer of Asian American theater.Los Angeles Times - 3d -
China's top leaders are set to discuss GDP growth target, stimulus measures amid economic worries
Market participants will watch the events this week for clues on how policymakers plan to steer the economy through entrenched disinflation and looming U.S. tariffs.CNBC - 3d -
How fast will the ECB lower interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - 4d -
Why do central banks buy gold? Experts weigh in
Knowing the main reasons why central banks buy gold could help inform your approach to gold investing.CBS News - 5d -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - 5d -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - 5d -
India's central bank revises down economic growth forecast for 2025, keeps interest rate steady
The Reserve Bank of India has held interest rate steady since February last year, while a sharper-than-anticipated slowdown in India's growth has made RBI's task tougher.CNBC - 6d -
Trump tariffs a bigger concern than martial law crisis, says Korean central bank chief
Governor highlights US president-elect’s threats and intensifying competition from Chinese exportersFinancial Times - 6d -
Toronto-Dominion Bank Suspends Growth Targets as It Reviews Business
Toronto-Dominion Bank said it suspended financial-growth targets as it reviews its business options, weeks after settling U.S. charges it failed to properly monitor money laundering.The Wall Street Journal - 6d -
4 mortgage interest rate scenarios that could occur in 2025
Many experts predict a gradual decline in mortgage rates next year, but other scenarios could play out.CBS News - 6d -
Afghan economy shows modest signs of growth but recovery remains fragile, says World Bank
The World Bank says Afghanistan’s economy is showing modest signs of growth after two years of severe contractionABC News - Dec. 5 -
Watch live: Fed Chair Jerome Powell discusses central bank independence, crypto at Dealbook conference
The appearances comes two weeks ahead of when the central bank will announce is decision on interest rates.CNBC - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
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Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
France's political chaos casts long shadow over economic growth
"At a time when economic growth in France is slowing markedly, this is bad news. The public deficit will remain high, debt will continue to grow," ING analysts said.CNBC - Dec. 4 -
Weak Australian economic growth hits dollar
Public spending offsets subdued consumer demand in ‘two-speed’ economyFinancial Times - Dec. 4 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Tensions Rise Among Russia’s Elite as Economic Growth Slows
The slowdown is worrying for the Kremlin but not serious enough to significantly hobble its war effort.The New York Times - Dec. 2 -
Will credit card interest rates fall this December?
Credit card rates are sitting at a record high right now, but will they drop lower this month? Here's what to know.CBS News - Dec. 2