Australia cuts interest rates for first time since 2020 as election looms
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Australian central bank cuts benchmark interest rate for the first time since October 2020
Australia’s central bank has reduced its benchmark interest rate for the first time since October 2020 as the nation’s inflation coolsABC News - 2d -
Australia's central bank cuts rates for the first time in more than four years, flags economic uncertainties
The central bank had held its policy rate steady at 4.35% since November 2023, following an extended period of 13 rate hikes to tame inflation at home.CNBC - 2d -
Trump wants interest rate cuts. The market isn't buying it.
Just before the release of Wednesday’s monthly consumer price report, President Donald Trump called for lower interest rates in a post on his Truth Social platform.NBC News - Feb. 12 -
Southport attack: Parents speak publicly for first time since murders
The families also said the sentencing of the man who killed them should not have been televised as they wanted the girls to be remembered for their personalities.BBC News - Feb. 9 -
Kuminga returns to Warriors practice for first time since injury
The Golden State Warriors announced some good news about injured forward Jonathan Kuminga as they gear up for the final 27 games of the 2024-25 NBA season.Yahoo Sports - 1d -
BlackRock awards Larry Fink carried interest incentive for first time
Move to sweeten pay package comes as banks and asset managers have started to emulate private equity practicesFinancial Times - 6d -
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 - 16h -
Intel pops 16% for best day since March 2020 on potential breakup
Intel shares rallied 16% on Tuesday on a report that deals from Broadcom and Taiwan Semiconductor Manufacturing could break up the company.CNBC - 1d -
UK interest rates are too restrictive
But uncertainty and a rise in near-term inflation warrants a cautious approach to cutsFinancial Times - Feb. 11
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Germany’s chance for a revival
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Walmart points to ‘uncertain time’ with warning of weaker sales growth
Shares of world’s biggest retailer slide after full-year revenue growth forecast fails to meet Wall Street’s expectationsFinancial Times - 2h -
ECB’s annual loss hits record €7.9bn
Loss reflects higher interest payments made to national central banksFinancial Times - 3h -
Baltic self-sufficiency is a warning for Washington
Rendering US military support good-to-have rather than need-to-have will diminish America’s global influenceFinancial Times - 4h -
Trump rushes to meet Putin’s demands on Ukraine
Also in today’s newsletter, can Europe defend itself without help from the US?Financial Times - 6h
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