Prices
WTO hikes global trade forecast for 2025 — but next year doesn’t look so good
A cargo ship sits outside of the Port of Elizabeth marine terminal seen from Bayonne, New Jersey, U.S., April 9 2025. Shannon Stapleton | Reuters The World Trade Organization on Tuesday hiked its forecast for global trade growth in 2025 but warned that the outlook for 2026 had deteriorated. In its latest “Global Trade Outlook […]
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Japan’s bond vigilantes brace for looser fiscal stance after Sanae Takaichi wins party vote
Atlantide Phototravel | Corbis Documentary | Getty Images Japan’s government bond market, long shielded by the Bank of Japan’s yield curve control and decades of deflation, faces a test of faith under Sanae Takaichi, who is set to be the country’s first female prime minister. Markets are betting that Takaichi, who won the race to […]
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Global week ahead: Bull markets, bubbles and ‘Swiftonomics’
Siegfried Layda | Getty Images “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness,” Charles Dickens famously wrote. That aptly captures the dislocation between political events and market action as we go into the next week. The U.S. government shutdown […]
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Russia’s economy is creaking — and the Kremlin wants Russians to pay more for the war
Russian President Vladimir Putin during a meeting on development of ‘new regions’, annexed from Ukraine, at the Kremlin, June 30, 2025, in Moscow, Russia. Contributor | Getty Images Russia is set to hike taxes on businesses and consumers as the government looks for ways to support military spending while its war-focused economy creaks at the […]
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Cleveland Fed’s Hammack warns of ‘challenging time’ amid inflation worries
Federal Reserve Bank of Cleveland President Beth Hammack attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole Economic Policy Symposium, “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy”, in Jackson Hole, Wyoming, U.S., August 21, 2025. Jim Urquhart | Reuters Cleveland Federal Reserve President Beth Hammack on Monday said the U.S. central […]
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The resilient stock market may be keeping the economy out of a recession. Why that’s a bad thing
Traders work on the floor at the New York Stock Exchange in New York City, U.S., Sept. 17, 2025. Brendan McDermid | Reuters Stock market growth that seems impervious to tariffs, politics and a moribund jobs picture is in turn powering consumer spending and putting a floor under an economy that many expected to be […]
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Ken Griffin says more tariff impact on inflation is still ahead, Fed should be independent
Billionaire Wall Street titan Ken Griffin believes the full impact of tariffs on inflation have not been felt yet, and he only sees one more rate cut from the Federal Reserve this year. The founder and CEO of Citadel said Thursday only about half of the inflationary impact from President Donald Trump’s wide-spreading levies on […]
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Swiss central bank says tariffs are a ‘major challenge’ as deal with U.S. remains elusive
The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images The Swiss National Bank said Thursday that tariffs on goods to the U.S. present a “major challenge” for exporters, with its economy set to take a hit. The country has swallowed some of the highest […]
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European stocks open lower ahead of U.S. jobs data; H&M surges on earnings beat
Europe-listed stocks opened lower on Thursday, as investors await the latest U.S. jobs data. The pan-European Stoxx 600 was 0.6% lower by 8:14 a.m. in London (3:14 a.m. ET), with most sectors in negative territory. Retail was a bright spot, with the Stoxx Europe 600 Retail index adding 0.6% in early trade. Fashion retail giant […]
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St. Louis Fed President Musalem sees ‘limited room’ for more interest rate cuts
Key Points St. Louis Fed President Alberto Musalem on Monday reiterated his support for last week’s interest rate cut but said he is wary about going much further. “I believe there is limited room for easing further without policy becoming overly accommodative, and we should tread cautiously” on further reductions, he said. Source
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