Latest in Turkish inflation falls below 40% to set up further rate cuts
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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 - 11h -
Is the Fed’s preferred measure of inflation set to fall?
Market Questions is the FT’s guide to the week aheadFinancial Times - Feb. 23 -
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 - 11h -
Trade-promoting UK departments face ‘up to 40%’ staff cuts
Restructuring plans come as Britain seeks to boost inward investmentFinancial Times - Feb. 23 -
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 -
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 - 12h -
Bitcoin falls below 90K in 3-month low
Bitcoin fell below $90,000 on Tuesday, marking a three-month low for the popular cryptocurrency. The price of Bitcoin dropped more than 8 percent to $87,262 as of Tuesday afternoon, according to ...The Hill - 6d -
Share of jobs paid below UK living wage rises at record rate
Data from Living Wage Foundation reflects pressures facing employers even before Budget tax risesFinancial Times - 4d -
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 - 13h -
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 -
Treasury yields fall as investors await Fed’s favorite inflation measure
U.S. Treasury yields were lower on Friday as investors awaited the release of a key inflation reading — the most anticipated data of the week.CNBC - 3d -
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 - 11h -
Key Interest Rate Falls as Worries About the Economy Rise
Investors’ increasingly gloomy sentiment about economic growth appears to be driving down the 10-year Treasury yield.The New York Times - 6h -
How fast will the ECB cut interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - 1d -
Stocks fall after Trump confirms Mexico, Canada tariffs are set to begin
Stocks fell after President Trump confirmed 25% tariffs on nearly all goods from Mexico and Canada are set to begin. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 1h -
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 - 6d -
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 -
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 -
With tariffs ramping up, this investment option can provide protection against inflation
The threat of tariffs on imports is causing some investors to consider increasing their exposure to TIPS to help buffer their portfolios against inflation.CNBC - Feb. 21 -
Americans say incomes not keeping up with inflation — CBS News poll
Americans express concern about their ability to pay bills and save money.CBS News - 3d -
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 -
Mortgage rates drop to lowest since mid-December, but demand still falls short
Applications for a mortgage to purchase a home were flat for the week and 3% higher than the same week one year ago.CNBC - 5d -
Mortgage rates are falling, but it’s not helping sell more homes. Are lower house prices next?
Homebuilder stocks are in a bear market, as lower mortgage rates and continued rate discounts haven’t improved demand.MarketWatch - 2d -
Mortgage rates are falling. Here’s how much income you need now to buy a house for $250,000, $400,000 and $1 million.
Mortgage rates fell for the sixth week in a row, offering more financial relief to home buyers.MarketWatch - 2d -
Instacart stock falls as profit forecast comes up short
Shares of Instacart fell after hours on Tuesday, after the grocery delivery app’s forecast for its preferred measure of profit came in below expectations.MarketWatch - 5d -
Disease outbreaks and starvation set to grow after USAID cuts
Millions of people around the world are today feeling the repercussions of President Donald Trump’s decision to freeze international aid for 90 days and shut down the U.S.NBC News - 6d -
Social Security Administration sets ‘massive’ reorganization, ‘significant’ job cuts
The Social Security Administration announced a “massive” reorganization and “significant” job cuts on Thursday that critics said could increase customer-service wait times and make it more ...MarketWatch - 3d -
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India beat NZ to set up semi-final v Australia
India will face Australia in the first semi-final of the Champions Trophy on Tuesday, having beaten New Zealand to finish top of Group A.BBC News - 1d -
10 Live-Service Games Made Up More Than 40% Of Last Month's US Playtime On PlayStation And Xbox
Live-service games are a large and durable part of the gaming ecosystem, and new data from last month demonstrates just how dominant the biggest games have become. A new report from Circana stated ...GameSpot - 5d -
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 -
Mourinho v Turkish football - what is going on?
Jose Mourinho's tenure at any club is guaranteed to be colourful, but his eight-month reign as Fenerbahce manager is turning caustic.BBC News - 6d -
Most Americans say income is not keeping up with inflation, CBS News poll finds
Most Americans believe their incomes aren't keeping pace with inflation, according to a new CBS News poll. CBS News executive director of elections and surveys Anthony Salvanto unpacks the findings.CBS News - 3d -
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 -
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 -
Lower mortgage rates may tempt home buyers. But these fast-rising phantom costs could sneak up on them.
Mortgage rates are down to a nearly three-month low. But if you’re thinking of buying a home, beware of these hidden costs.MarketWatch - Feb. 21 -
NFL scouting combine: Texas' Isaiah Bond fails to back up prediction of topping Xavier Worthy's 40-yard dash record
The Texas WR said on Friday that he would beat Worthy's record time of 4.21.Yahoo Sports - 2d -
Bracketology: Tennessee faces Texas A&M in battle of No. 2 seeds who could move up if a top-line team falls
This weekend could see some movement in Jerry Palm's NCAA Tournament bracket projectionCBS Sports - Feb. 21