Latest in Inflation eases to 2.4% in Europe, supporting likely central bank rate cut
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Inflation eases to 2.4% in Europe, supporting likely central bank rate cut
Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering ...ABC News - 10h -
Euro zone inflation dips to 2.4% in February as ECB bets point to sixth rate cut
Economists surveyed by Reuters had been expecting inflation to ease to 2.3% in February.CNBC - 11h -
Eurozone inflation falls to 2.4% as underlying price pressures ease
Drop will bolster ECB rate-setters’ confidence in cutting interest rates this weekFinancial Times - 10h -
Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.CNBC - Feb. 21 -
Turkish inflation falls below 40% to set up further rate cuts
Central bank expected to reduce interest rates by 250 basis points when it meets on ThursdayFinancial Times - 10h -
Bank of England rate setter warns of higher UK inflation risk driven by wages
Deputy governor Dave Ramsden says interest rate cuts must be gradualFinancial Times - 3d -
Could Europe fill the gap if the US cuts support for Ukraine?
If America were to withdraw its military support for Ukraine, how big of a hole would it leave?BBC News - 31m -
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.The New York Times - Feb. 20 -
Bank of Korea slashes rates to lowest since August 2022 on economic worries, cuts growth forecast
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - 6d -
January inflation eases in Fed’s preferred measure
Inflation in the Federal Reserve’s preferred price gauge eased in January after making steady increases throughout the fall. The personal consumption expenditures (PCE) price index increased by 0.3 ...The Hill - 3d -
PCE Report Showed Inflation Eased Slightly in January
But consumer spending unexpectedly slowed, complicating the central bank’s plans for interest rates.The New York Times - 3d -
PCE Report Showed Inflation Eased Slightly in January
But consumer spending unexpectedly slowed, complicating the central bank’s plans for interest rates.The New York Times - 3d -
China likely to cut inflation outlook to two-decade low, lay out stimulus plans at 'Two Sessions' meeting
Beijing is expected to revise down its annual consumer price inflation target to around 2% — the lowest in more than two decades — from 3% or higher in prior years.CNBC - 4d -
Fed’s Logan backs shortening maturity of central bank’s balance sheet
Dallas Fed President Lorie Logan on Tuesday backed a plan to change the composition of the Fed’s secondary-market purchases of Treasury securities so that the central bank’s holdings match the ...MarketWatch - 6d -
German Central Bank Loss Points to More Economic Woes for Germany
The central bank’s president said it was “not possible to rule out” a third year of no economic growth.The New York Times - 6d -
South Africa’s central bank governor sounds alarm on ‘rightwing populism’
Lesetja Kganyago warns institutions are increasingly a target as the principle of independence comes under attackFinancial Times - 1d -
Trump economic approval ratings sag as inflation fears grow
Polls show that Americans’ confidence is slipping in President Trump’s ability to handle the economy – the most important issue in the 2024 election and the one that likely carried Trump to a ...The Hill - 2d -
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 - 12h -
Monday Briefing: Europe Pledges to Support Ukraine
Plus, remote taste testing.The New York Times - 1d -
UK develops AI CV-writing tool to ease pressure on job support staff
Plan will free up work coaches for more ‘valuable’ employment as ministers seek to cut welfare billFinancial Times - Feb. 23 -
How fast will the ECB cut interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - 1d -
Balatro's Confusing Rating Finally Changed, Leads To Europe Changing How It Rates Gambling Games
The PEGI board has announced that it has reversed its decision to classify Balatro with a PEGI 18 rating and will instead have a PEGI 12 rating. The game has a E10+ rating in North America, making ...GameSpot - Feb. 24 -
Zelenskyy seeks support from Europe after contentious meeting with Trump
Ukrainian President Volodymyr Zelenskyy met with British Prime Minister Keir Starmer on Saturday as European leaders grapple with the fallout from Friday’s contentious exchange in the Oval Office, ...NBC News - 1d -
Keir Starmer says Europe ‘at crossroads in history’ and must support Ukraine
Prime minister confirms UK and France will lead a ‘coalition of the willing’ to help end the war with Russia . Russia-Ukraine war – latest updates Keir Starmer has said Europe is “at a ...The Guardian - 23h -
Zelenskyy thanks U.S. for support as Europe forges united front against Russia
Ukraine's president, after his clash with President Trump, says he's still open to a possible minerals deal, but his country still needs security guarantees.CBS News - 2h -
Fed’s Barkin says interest rates may have to rise to combat inflation headwinds
Barkin said he understands that the fight against inflation has been long, but that “it is critical that we remain steadfast.”MarketWatch - 6d -
No ‘golden age’ is coming. Trump’s tariffs will hit Americans with higher interest rates and more inflation.
Protectionism won’t make us rich — especially if tariffs launch a trade war.MarketWatch - 5d -
The Fed’s favorite tool to track inflation unlikely to offer ammo for reducing U.S. interest rates
The latest look at U.S. inflation is unlikely to ease the worries on Wall Street, but it probably won’t add to the jitters.MarketWatch - 4d -
Major Asia bank to cut 4,000 roles as AI replaces humans
It makes DBS one of the first major banks to offer details on how AI will affect its operations.BBC News - 6d -
Fed’s Schmid warns against rate cuts in response to weaker outlook
Schmid, a voting member of the Fed’s interest-rate committee this year, pointed to two lasting lessons from history.MarketWatch - 4d -
Europe pledges support for Ukraine after Oval Office clash between Zelenskyy and Trump
World leaders from across Europe are making known their support for Ukraine in the aftermath of last week's fiery White House meeting between Ukrainian President Volodymyr Zelenskyy and President ...CBS News - 8h -
Europe must cut electricity taxes, warn Iberdrola and EDP bosses
Energy company chiefs say EU must ‘urgently’ remove various taxes and simplify billsFinancial Times - 6d -
ECB faces risk of ‘sleepwalking’ into too many rate cuts, says top official
Rate-setters need to stand ready to pause further monetary easing, Belgian central bank governor saysFinancial Times - Feb. 24 -
Most Americans in new survey support funding increases as Trump admin seeks cuts
Far more Americans support increasing federal funding in key areas than those who favor decreasing funding, according to a new survey, even as the Trump administration seeks sweeping cuts to ...The Hill - 23h -
Roy Wood Jr. on DOGE cuts: Like watching people 'put together Legos without instructions'
Comedian Roy Wood Jr. likened the Department of Government Efficiency's efforts to cut federal spending to someone building LEGOs without instructions, while Elon Musk defended the team's mistakes ...The Hill - 3d -
Prolific blood donor who saved 2.4 million babies dies at 88
An Australian man credited with saving more than 2 million babies through decades of regular blood and plasma donations has died at age 88.NBC News - 12h -
What Trump’s Deportation Plans Mean for Central America
Deporting migrants to Central American countries removes many political and legal hurdles for the Trump administration. How far can the practice go before these nations reach a breaking point?The New York Times - 6d -
Trump eases rules on military raids and airstrikes
President Trump is giving U.S. commanders more leeway to authorize military airstrikes and special operational raids. Defense Secretary Pete Hegseth implemented the changes earlier this month while ...CBS News - 2d