interest rate

Canada’s unexpected inflation surge dampens hopes of July rate cut

Canada’s unexpected inflation surge dampens hopes of July rate cut

The annual inflation rate accelerated to 2.9 percent in May from 2.7 percent in April

ECB may cut interest rates twice more this year, to reach as low as 2.25 percent in 2025

ECB may cut interest rates twice more this year, to reach as low as 2.25 percent in 2025

While the ECB must ensure inflation returns to 2 percent, it shouldn’t overly dampen economic activity with interest rate cuts

Chinese financial sector sees 8.5 percent increase in total assets, reaching $66.93 trillion

Chinese financial sector sees 8.5 percent increase in total assets, reaching $66.93 trillion

The assets of the banking sector reached 429.58 trillion yuan, up 8.1 percent YoY

Swiss National Bank lowers key interest rate to 1.25 percent in second round of rate cuts

Swiss National Bank lowers key interest rate to 1.25 percent in second round of rate cuts

The SNB now expects inflation to be 1.3 percent in 2024, 1.1 percent in 2025, and 1 percent in 2026.

People’s Bank of China keeps interest rates unchanged in line with expectations

People’s Bank of China keeps interest rates unchanged in line with expectations

The one-year LPR was kept at 3.45 percent, while the five-year LPR was maintained at 3.95 percent

U.K. inflation reaches central bank’s 2 percent target: Will policymakers respond with rate cuts?

U.K. inflation reaches central bank’s 2 percent target: Will policymakers respond with rate cuts?

This marks the lowest annual increase in the consumer price index since mid-2021, in line with analysts' forecasts

Bank of Japan to reduce government bond buying

Bank of Japan to reduce government bond buying

The central bank decided to outline its plan to reduce buying for the next 1-2 years in its July meeting

U.S. producer prices decline 0.2 percent in May

U.S. producer prices decline 0.2 percent in May

Data reveals 4.8 percent decline in energy index and 0.1 percent decline in food prices

ECB shouldn’t rush or delay future interest rate cuts: Bank of France governor

ECB shouldn’t rush or delay future interest rate cuts: Bank of France governor

France central bank governor calls on governments and regulators to boost capital markets union to help close investment gap

ECB cuts interest rates for the first time since 2019, down to 3.75 percent from 4 percent

ECB cuts interest rates for the first time since 2019, down to 3.75 percent from 4 percent

Eurosystem staff now see headline inflation averaging 2.5 percent in 2024, 2.2 percent in 2025, and 1.9 percent in 2026

South Korea to post trade surplus of $43.4 billion in 2024: Report

South Korea to post trade surplus of $43.4 billion in 2024: Report

The country's growth rate for 2024 has been revised up to 2.7 percent by research firm

Bank of Canada lowers key interest rates to 4.75 percent, marking first cut in four years

Bank of Canada lowers key interest rates to 4.75 percent, marking first cut in four years

Inflation in Canada declined this year to a three-year low of 2.7 percent in April

Eurozone inflation hits 2.6 percent in May, services inflation reaches 7-month high of 4.1 percent

Eurozone inflation hits 2.6 percent in May, services inflation reaches 7-month high of 4.1 percent

Until this month, Eurozone inflation had been steadily declining towards the ECB's 2 percent target

U.S. economic growth in Q1 revised down to 1.3 percent, but consumer spending stays strong

U.S. economic growth in Q1 revised down to 1.3 percent, but consumer spending stays strong

Q1 GDP growth was a sharp slowdown from Q4 2023's 3.4 percent pace

Gold prices decline on stronger dollar ahead of key economic data

Gold prices decline on stronger dollar ahead of key economic data

First-quarter GDP data expected to reveal resilience in the U.S. economy, impacting rate cut expectations

Australia’s inflation hits five-month high in April at 3.6 percent annually with 4.1 percent core rate

Australia’s inflation hits five-month high in April at 3.6 percent annually with 4.1 percent core rate

The CPI excluding volatile items and holiday travel stayed at an annual 4.1 percent

U.S. consumer confidence index climbs to 102.0 in May, but inflation concerns linger

U.S. consumer confidence index climbs to 102.0 in May, but inflation concerns linger

Consumers' 12-month inflation expectations rose to 5.4 percent from 5.3 percent in April

Gold prices dip as traders reduce rate cut expectations ahead of U.S. inflation data

Gold prices dip as traders reduce rate cut expectations ahead of U.S. inflation data

Fed officials say the central bank needs to wait for significant progress on inflation before cutting interest rates

Gold prices dip as focus shifts to U.S. inflation data

Gold prices dip as focus shifts to U.S. inflation data

Strong dollar, possible interest rate hikes are major risks to gold prices

Gold prices recover from 2-week low ahead of U.S. inflation data

Gold prices recover from 2-week low ahead of U.S. inflation data

Gold prices achieved a record high of $2,449.89 but have since lost over $100

Japan’s core inflation slows to 2.2 percent in April, signaling patience for BoJ rate hikes

Japan’s core inflation slows to 2.2 percent in April, signaling patience for BoJ rate hikes

Yen weakness fuels speculation of early BoJ rate hike

Gold prices eye largest weekly drop in 8 months

Gold prices eye largest weekly drop in 8 months

Chinese reserve buying remains a significant tailwind, driving demand and supporting gold prices

Gold prices continue to decline after Monday’s record high

Gold prices continue to decline after Monday’s record high

Traders are currently pricing in a 73 percent chance of an interest rate cut in November

New Zealand Central Bank keeps cash rate unchanged at 5.5 percent, signals further policy tightening ahead

New Zealand Central Bank keeps cash rate unchanged at 5.5 percent, signals further policy tightening ahead

Consumer price inflation came in higher than expected at 4.0 percent in the first quarter of the year