Prices
One Fed official may have saved market from another rout. Why John Williams’ remarks matter so much
Key Points Messages that come out of the top echelon at the Fed are measured carefully, calibrated between delivering clear ideas about policy without causing undue reaction in financial markets. That’s why a speech Friday from the current New York Fed leader, John Williams, mattered so much to markets. Ongoing concerns about AI tempered a […]
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Fed likely to not cut rates in December following delayed September data, according to market odds
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Oct. 29, 2025. Al Drago | Bloomberg | Getty Images Odds of a December rate cut remained low following the release of delayed jobs data. Markets were last pricing […]
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European stock market sell-off continues as investors await Nvidia earnings
Traders work on the floor of the New York Stock Exchange during morning trading on November 17, 2025 in New York City. Michael M. Santiago | Getty Images News | Getty Images LONDON — European markets resumed their sell off on Wednesday amid lingering doubts over tech stocks, with investors eagerly awaiting Nvidia earnings later. […]
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UK inflation cools to 3.6% in October, boosting chance of a Christmas rate cut
Regent Street in London celebrates the Christmas season on November 13, 2025 in London, England. Ben Montgomery | Getty Images Entertainment | Getty Images The U.K.’s inflation rate cooled to 3.6% in October, marking one of the last major economic data releases ahead of the government’s Autumn Budget next week. Economists polled by Reuters had […]
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Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts
Key Points Federal Reserve Chair Jerome Powell wasn’t kidding a couple weeks ago when he said a December rate cut wasn’t in the bag. Whereas traders as recently as a few days ago were pricing in at least a 2-to-1 probability of a quarter percentage point cut, that’s now flipped to a coin toss. As […]
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UK economy grows by a meager 0.1% in the third quarter, missing expectations
Shoppers and visitors on London’s Oxford Street brave the bad weather using Union Flag umbrellas on 6th May 2024. Mike Kemp | In Pictures | Getty Images The U.K. economy grew a meager 0.1% in the third quarter, according to preliminary figures from the Office for National Statistics. Economists polled by Reuters expected the economy […]
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British assets volatile as cooling labor market adds pressure to Bank of England and Finance Minister Reeves
Millennium Wheel And Skyline At Sunset. London, England. Design Pics Editorial | Universal Images Group | Getty Images U.K. assets were volatile in morning trade on Tuesday, as investors weighed the economic impact of a weakening labor market ahead of a critical budget and the final interest rate decision of the year. Data released by […]
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Bank of England rate cut a close call ahead of the Autumn Budget
A Union flag flutters from a pole atop the Bank of England, in the City of London on August 7, 2025. Niklas Halle’n | Afp | Getty Images LONDON — The Bank of England on Thursday is set to make its last interest rate decision before the Autumn Budget later this month, with economists saying […]
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Fed Governor Lisa Cook, in first policy speech since Trump suit, says she’s undecided on Dec. rate cut
Key Points Federal Reserve Governor Lisa Cook, in her first policy speech since President Donald Trump tried to remove her from office, said Monday that she supported the recent interest rate cut. She noted that December is a “live meeting,” with the rate decision dependent on how risks break down between stubborn inflation and a […]
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Third-quarter earnings are indicating a divided economy
A Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris | Bloomberg | Getty Images With more consumer companies preparing to report third-quarter earnings this week, Wall Street will be watching for signs of a bifurcated or “K-shaped” economy as consumers diverge in their spending behaviors. There have […]
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