Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal 'virtuous cycle' in play

Bank of Japan raises rates to highest level in 17 years

Central bank signals more increases to come if wage and price growth hit forecasts

Financial Times - 4h

Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal 'virtuous cycle' in play

The move comes in line with expectations from CNBC's survey, where an overwhelming majority of economists predicted a hike.

CNBC - 7h

Japan core inflation climbs to a 16-month high, boosting case for rate hikes

The Bank of Japan is expected to raise rates by 25 basis points later in the day as it concludes its monetary policy meeting.

CNBC - 12h

EA’s stock posts biggest daily percentage drop since 2008, as analysts parse key franchise’s troubles

While some analysts downgraded Electronic Arts shares, others found reasons to stay optimistic.

MarketWatch - 14h

Japan’s biggest banks hit valuation landmark as BoJ weighs rate rise

Largest lenders now trade at or close to their book values for first time in almost a decade

Financial Times - 1d

Bank of Japan is expected to hike rates this week, CNBC survey shows

Out of 19 economists, 18 agreed on prospects of a rate hike, with most pointing to a recent change in tone of the BOJ leadership as driving their expectations.

CNBC - 2d

Pay after inflation rises at fastest rate since 2021

Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.

BBC News - 3d

Trump’s policies risk stoking inflation and preventing rate cuts, IMF warns

Taking drive for deregulation too far could push the US on to a ‘dangerous boom-bust path’, fund cautions

Financial Times - 6d

Cancer rates have increased for young women since 2002, research shows

While a new report from the American Cancer Society showed an overall drop in U.S. cancer deaths, it also highlighted an uptick in the number of young women being diagnosed with the disease. Dr. ...

CBS News - Jan. 16

UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing

But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.

The New York Times - Jan. 16

Mortgage rates rise past a key mark, signaling bad news for home buyers

The 30-year mortgage rate inched up for the fifth week in a row, Freddie Mac says, making it more expensive to take on a mortgage.

MarketWatch - 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

Trump to inherit 5-month high inflation rate

President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...

CBS News - Jan. 15

Core inflation rate slows to 3.2% in December, less than expected

The consumer price index was expected to rise 0.3% in December and show an annual inflation rate of 2.9%.

CNBC - Jan. 15

Surprise fall in inflation boosts interest rate cut hopes

Inflation falls for the first time in three months, sparking expectations rates may be cut to 4.5% in February.

BBC News - Jan. 15

Inflation Rose in December, Putting Rate Cuts Into Question

The consumer price index rose 2.9 percent in the last month of the year, the Labor Department reports.

Inc. - Jan. 15

ECB’s chief economist warns of too-low inflation if rates stay high

Philip Lane points to dangers of borrowing costs that remain ‘too high for too long’

Financial Times - Jan. 13

Is US inflation set to rise further?

Market Questions is the FT’s guide to the week ahead

Financial Times - Jan. 12

This is what it could take for the Fed to hike interest rates

Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption expenditures price index

MarketWatch - Jan. 11

10-, 30-year Treasury yields end at highest since November 2023 after strong jobs report

Yields on 10- and 30-year U.S. government debt finished at their highest levels in over a year on Friday after December payrolls data came in stronger than expected, reducing market expectations ...

MarketWatch - Jan. 10

Mortgage rates are not rising yet but Reeves has to act

Why Rachel Reeves needs a more detailed growth strategy - and soon.

BBC News - Jan. 10

30-Year Mortgage Rate Climbs to 6.93%, the Highest Since July

Borrowing costs have been rising for months, tracking yields on government bonds. The move threatens to push more buyers and sellers to the sidelines.

The New York Times - Jan. 9

10-year Treasury yield rises to highest since April as Fed notes upside risk to inflation

The benchmark yield topped 4.7%, after the latest Fed meeting minutes indicated greater concern over inflation.

CNBC - Jan. 8

Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show

“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.

MarketWatch - Jan. 8

UK 10-year borrowing costs hit highest level since 2008

Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rules

Financial Times - Jan. 8

Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live

Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...

The Guardian - Jan. 8

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