Interest Rates
Asia markets open higher amid holiday-thinned trade; silver hits fresh high
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and […]
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Fed chair candidate Hassett says U.S. is way behind the curve on lowering interest rates
National Economic Council Director Kevin Hassett said Tuesday that the Federal Reserve is not cutting interest rates quickly enough, even though the U.S. economy grew at a much faster-than-expected pace in the third quarter. Hassett, a leading contender to succeed Federal Reserve Chair Jerome Powell when his term ends in May, said the artificial intelligence […]
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Here’s how AI could influence the Fed’s economic outlook
Key Points Members of the Federal Open Market Committee are factoring rising labor productivity in their economic forecasts. In a long-run “unbounded growth” scenario where AI is fully developed, up to 23% of workers may lose employment and labor productivity increases by as much as three to four times, according to a May 2025 research […]
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Fed’s Hammack says there’s no need to change interest rates for months, WSJ reports
Beth Hammack, president and chief executive officer of the Federal Reserve Bank of Cleveland, center, speaks with attendees at the Columbus Metropolitan Club in Columbus, Ohio, US, on Wednesday, April 16, 2025. Brian Kaiser | Bloomberg | Getty Images Federal Reserve Bank of Cleveland President Beth Hammack said she saw no need to change U.S. […]
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Here are four key takeaways from Europe’s central banks’ final rate decisions of 2025
Thursday’s bonanza of four European central banks announcing interest rate decisions was as expected: the European Central Bank, Norges Bank, and Riksbank held their rates, while the Bank of England cut. But there were hints at what’s ahead for 2026. Here are four key takeaways. 1. The BoE voted to cut, but only just The […]
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Fed’s Goolsbee explains vote against rate cut, says central bank should have waited
Austan Goolsbee, President and CEO of the Federal Reserve Bank of Chicago, speaks to the Economic Club of New York in New York City, U.S., April 10, 2025. Brendan McDermid | Reuters Chicago Federal Reserve President Austan Goolsbee on Friday explained why he voted against this week’s interest rate cut, saying policymakers should have waited […]
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India’s inflation rises to 0.71% in November as decline in food, fuel prices loses steam
Shoppers purchase groceries at the upscale LuLu Hypermarket located in the Lulu International Shopping Mall in Kerala, India, on May 25, 2022. Nurphoto | Nurphoto | Getty Images India’s consumer inflation rose to 0.71% in November, accelerating from an all-time low of 0.25% in the prior month. The headline inflation number was in line with […]
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Here are the five big takeaways from Wednesday’s Fed rate decision
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on December 10, 2025 in Washington, DC. Chip Somodevilla | Getty Images The Federal Reserve on Wednesday approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue […]
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Trump says Fed could have ‘at least doubled’ latest interest rate cut
U.S. President Donald Trump participates in a roundtable discussion with business leaders at the White House in Washington, D.C., U.S., Dec. 10, 2025. Jonathan Ernst | Reuters President Donald Trump on Wednesday said the Federal Reserve’s latest decision to cut benchmark interest rates by a quarter percentage point could have been “at least doubled.” Trump, […]
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The Fed is the most divided it’s been in more than six years
Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025. CNBC There were three dissenters from the Federal Reserve’s decision to lower the federal funds rate by a quarter percentage point on Wednesday, making it the most divisive the central bank has been in more than a […]
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