Latest in South Korea unexpectedly cuts rates by 25 basis points — first back to back cuts since 2009
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Inflation rises 2.6% in October after Fed starts interest rate cuts
U.S. inflation rose 2.6% on an annual basis in October, matching forecasts from economists, but signaling a bumpy road ahead in the Federal Reserve's battle to tame inflation. CBS News MoneyWatch ...Top stories - CBS News - November 13 -
Inflation rises slightly as economy reacts to interest rate cuts
New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.Top stories - CBS News - November 13 -
U.S. Inflation Ticks Up to 2.6% in October, as Fed Considers Rate Cut
Inflation has cooled notably, but a pickup in annual price increases underscores that it is not fully back to normal.Business - The New York Times - November 13 -
Collapsed London Capital & Finance operated as Ponzi scheme, court rules
High Court judge finds individuals connected with scandal liable for damagesBusiness - Financial Times - November 14 -
ECB cut rates to avoid damage to economy, meeting minutes show
Hawkish policymakers agreed with move because of a strengthening ‘disinflationary trend’World - Financial Times - November 14 -
Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.Business - MarketWatch - November 14 -
Fed Chair Jerome Powell Says No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.Business - The New York Times - November 14 -
Fed Expected to Cut Rates Carefully Amid Inflation Pressures
Inflation is nearing the Fed’s 2 percent goal, but rate cuts will be cautious.Business - Inc. - November 14 -
ECB must commit to faster rate cuts, says Bank of Italy governor
Fabio Panetta sees risk of inflation falling ‘well below’ central bank’s 2% target amid stagnant demandBusiness - Financial Times - November 19 -
Chicago Federal Reserve President Encourages Cautious Rate Cuts
Some policymakers want to ensure the labor market doesn’t cool more, suggesting additional rate cuts.Business - Inc. - 6 days ago -
Fed eyes ‘gradual’ approach to cutting U.S. interest rates, minutes show
“Many” senior Federal Reserve officials said a more gradual approach to reducing interest rates was warranted in light of ongoing uncertainty about the U.S. economy and the appropriate level of ...Business - MarketWatch - Yesterday -
Fed Minutes Show Options Are Open on Interest Rate Cuts
Minutes from a Nov. 6-7 meeting showed that Federal Reserve policymakers favored lowering rates “gradually.”Business - The New York Times - Yesterday -
Netanyahu Wanted Trump Back. But the Middle East Has Changed Since 2016.
The region looks different than when Donald Trump first took office, and so does Trump’s inner circle.World - The Wall Street Journal - November 7 -
South Africa cuts growth target as economic reality bites
Lower GDP projection comes despite coalition’s charm offensive to win over foreign investorsBusiness - Financial Times - October 30 -
Richard Moore executed in South Carolina despite appeal to cut sentence to life
South Carolina executed convicted killer Richard Moore despite a broad appeal for mercy by parties that included three jurors and the judge from his trial.Top stories - NBC News - November 1 -
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Volunteers enter South Africa shaft to aid miners
This week a government minister said those underground illegally would be "smoked out".Top stories - BBC News - November 15 -