Turkey cuts interest rates to 42.5% after inflation falls to 2-year low

Borrowing costs reduced for third month running after price rises ease to below 40% for first time since June 2023

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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 Thursday
Financial Times - 3d
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
ECB cuts interest rate to 2.5%

Rate-setters shift tone, suggesting possible pause to reductions in borrowing costs
Financial Times - 1h
Will HELOC interest rates keep falling this March?

HELOC interest rates dropped in both January and February, but will that trend continue this March?
CBS News - 1d
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 you
Financial Times - 2h
How fast will the ECB cut interest rates?

Market Questions is the FT’s guide to the week ahead
Financial Times - 4d
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 - 2d
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 - 3d
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 - Feb. 25
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 - Feb. 25
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 - 6d
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 - Feb. 27
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 - 3d
'We are still at war': Syria's Kurds battle Turkey months after Assad's fall

As Syria's interim leader plans its future, Kurds in the north-east are battling Turkish-backed forces.
BBC News - Feb. 26
Weekly mortgage demand surges 20% higher, after interest rates drop to the lowest since last year

Mortgage demand rallied last week after interest rates dropped to the lowest level since December 2024.
CNBC - 1d
Weekly mortgage demand increases 20% after interest rates drop to lowest since last year

A sharp drop in mortgage interest rates finally lit a fire under loan demand.
NBC News - 1d
Oil prices steady after fall to 6-month lows on tariff worries, OPEC+ supply

Oil futures were little changed early Thursday, attempting to find their footing after ending the previous session at six-month lows.
MarketWatch - 4h
UK death rate 'reaches record low'

The UK death rate reached a record low last year, according to exclusive analysis of death certificate data carried out for BBC News.
BBC News - 3d
What's the CD interest rate forecast for spring 2025?

With the Fed expected to hold rates steady in March, experts predict what could happen with CD stable this spring.
CBS News - Feb. 26
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 - Feb. 25
Is the Fed’s preferred measure of inflation set to fall?

Market Questions is the FT’s guide to the week ahead
Financial Times - Feb. 23
ECB cuts rates. Lagarde in spotlight after German bonds tumble on spending plan.

The European Central Bank on Thursday cut interest rates by a quarter-point, responding to signs of deteriorating activity and weakening inflation despite bond-market turmoil over plans for a ...
MarketWatch - 3h
AI Could Help Address the Accountant Shortage—but Adoption Rates Remain Low

A new report from Wolters Kluwer suggests that the tax industry still has a ways to go around automation.
Inc. - 5d
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 - 4d
Home Depot says high interest rates are hampering home-remodeling plans

“There’s just no denying the deferral that we’re still seeing,” said Billy Bastek, Home Depot’s executive vice president of merchandising.
MarketWatch - Feb. 25
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 - 6d
Eurozone inflation falls to 2.4% as underlying price pressures ease

Drop will bolster ECB rate-setters’ confidence in cutting interest rates this week
Financial Times - 3d
Consumer confidence sinks to 8-month low on worries about inflation and Trump tariffs

A postelection high in consumer confidence after the election of Donald Trump has petered out, as the public digests major upheavals in U.S. economic policies by the new White House.
MarketWatch - Feb. 25
China's M&A deals to rise from decade-low as DeepSeek, AI spur interest, experts say

Yahoo News - 5d
Japan's birth rate fell for a ninth consecutive year in 2024 to hit a record low

The number of babies born in Japan last year fell for a ninth consecutive year to hit a record low, according to health ministry data
ABC News - Feb. 27
HELOC rates hit a two-year low: 3 reasons to open one now

HELOC rates dropped lower this week, easing costs for borrowers. That's not the only reason to open one, though.
CBS News - 6d
Most Voters Want Eric Adams to Resign as Approval Rating Hits Record Low

More than half of New York City voters surveyed in a Quinnipiac University poll said that Mayor Eric Adams should resign.
The New York Times - 15h
Bank of England rate setter warns of higher UK inflation risk driven by wages

Deputy governor Dave Ramsden says interest rate cuts must be gradual
Financial Times - 6d
Two business leaders in Turkey are questioned after they criticize the government

Prosecutors have questioned two Turkish business leaders after they delivered a scathing criticism of President Recep Tayyip Erdogan’s government
ABC News - Feb. 19
PKK declares ceasefire with Turkey after more than 40 years of conflict

Kurdish militant group responds to call from its jailed leader, Abdullah Öcalan, to lay down arms. A Kurdish militia has declared a ceasefire in its 40-year insurgency against Turkey after its ...
The Guardian - 5d
Turkey's Kurds wary of path to peace after PKK declares ceasefire

A momentous ceasefire declaration has stirred a mix of emotions in southeast Turkey and northern Iraq, where people bore the brunt of the 40-year conflict between Kurdish militants and the Turkish ...
ABC News - 4d
Stock investors stopped freaking out over interest rates. Now this threat is re-emerging.

Investors appear to be doing a lot less hand-wringing over higher interest rates lately, but plenty of market risks are still coming up on the horizon.
MarketWatch - Feb. 23
Fed’s Williams signals he’s content to hold interest rates steady at March meeting

U.S. interest-rate policy is in a good place and there is no need “to change it right away,” New York Fed President John Williams said on Tuesday.
MarketWatch - 1d

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