Inflation
Singapore July inflation eases to cooler-than-expected 0.6% — lowest since Jan. 2021
The Merlion statue in the central business district of Singapore, on Tuesday, July 8, 2025. Bloomberg | Bloomberg | Getty Images Singapore’s inflation cooled to a lower-than-expected 0.6% in July, as the city-state braced for slower growth later this year. This was lower than the 0.7% expected by economists polled by Reuters, and was also […]
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BOJ’s Ueda expects tightening job market to push up wages
Bank of Japan Governor Kazuo Ueda attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole Economic Symposium in Jackson Hole, Wyoming on Aug. 23, 2025. Jim Urquhart | Reuters Bank of Japan Governor Kazuo Ueda said wage hikes are spreading beyond large firms and likely to keep accelerating due to a tightening job […]
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Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson […]
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Cleveland Fed’s Hammack casts doubt on interest rate cuts amid inflation worries
Key Points Cleveland Federal Reserve President Beth Hammack said Friday she would be hesitant about lowering interest rates as long as inflation remains a threat. In a CNBC interview, she said, “I don’t want to move us to a place where we’re being accommodative, because I worry that if we’re accommodative, we could reinvigorate the […]
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Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted a high level of uncertainty that is making the job difficult for monetary policymakers. In his much-anticipated speech at the Fed’s annual conclave in Jackson Hole, Wyoming, the central bank leader in prepared remarks cited […]
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Watch Fed Chair Powell’s full policy speech at Jackson Hole
Federal Reserve Chair Jerome Powell delivered his annual address Friday morning at the central bank’s annual symposium in Jackson Hole, Wyoming. He indicated that conditions ‘may warrant’ interest rate cuts as the Fed proceeds ‘carefully.’ Markets have been looking to Powell to provide strong hints about a September interest rate cut. For their part, the […]
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Japan reports hotter-than-expected core inflation for July — but lowest since March as rice prices ease
Residential and commercial properties near the Shibuya district of Tokyo on May 4, 2023. Richard A. Brooks | Afp | Getty Images Japan’s core inflation rate cooled to 3.1% in July, coming down from 3.3% the month before as rice inflation continued to ease. The figure — which strips out costs for fresh food — […]
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Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’
Fast Money Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’ Published Thu, Aug 21 20257:37 PM EDT Stephanie Landsman@stephlandsman WATCH LIVE Source
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Divided Fed worried about tariffs, inflation and the labor market, minutes show
Key Points The meeting summary depicted a divergence of opinion among the central bankers, whose vote to hold their key rate steady came despite objections from two Fed governors who argued in favor of cutting. “Participants generally pointed to risks to both sides of the Committee’s dual mandate, emphasizing upside risk to inflation and downside […]
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Fed’s Goolsbee sees ‘note of unease’ as central bank looks to next interest rate move
Key Points Chicago Fed President Austan Goolsbee said a mixed bag of inflation data coupled with lingering uncertainty over tariffs have given him some hesitation about lowering interest rates. “We’ve got to get some clarity from the numbers,” Goolsbee, an FOMC voter this year, said during a CNBC interview. Source
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