Economic News

By Ambar Warrick Investing.com -- The Reserve Bank of Australia raised interest rates as expected on Tuesday and flagged more hikes this year as it moves to control overheated...

(Bloomberg) -- Economists at Goldman Sachs Group Inc (NYSE:GS). said the risk of a US recession is receding amid a persistently strong jobs market and signs of improving...

By Geoffrey Smith  Investing.com -- The US's shooting down of a Chinese surveillance balloon on the weekend triggers an angry response and generates a reality check for Chinese...

By Noreen Burke Investing.com -- It’s set to be a much quieter week on the economic calendar, but there’s still plenty for markets to mull over after last week’s...

By Geoffrey Smith  Investing.com -- Apple, Alphabet and Amazon all disappointed with their quarterly earnings in various ways, putting a chill on U.S. stocks. The Labor Department...

By Geoffrey Smith  Investing.com -- It’s a moment of truth for India’s capital markets, and perhaps its whole growth model. Gautam Adani, on paper Asia’s richest man until last...

(Bloomberg) -- Mortgage rates in the US fell for a fourth straight week. The average for a 30-year, fixed loan was 6.09%, down from 6.13% last week, Freddie Mac (OTC:FMCC) said...

Investing.com -- European Central Bank President Christine Lagarde answers reporters' questions following the bank's decision on interest rates. -- Feb. 2, 2023    

By Scott Kanowsky Investing.com -- The European Central Bank raised interest rates by another 50 basis points on Thursday, as policymakers remain focused on corralling elevated...

By Geoffrey Smith Investing.com -- The Bank of England raised its key interest rate by another 50 basis points on Thursday, warning that its battle against inflation still isn’t...

By Geoffrey Smith  Investing.com -- The dollar falls to a nine-month low and Treasury yields ease after the Federal Reserve signals the end is near for the current rate hiking...

Investing.com -- Federal Reserve Chairman Jerome Powell answers reporters' questions following the FOMC's decision on interest rates. -- Feb. 1, 2023  

By Yasin Ebrahim      Investing.com -- The Federal Reserve raised interest rates by 0.25% on Wednesday, pushing monetary policy further into restrictive territory as the central...

(Bloomberg) -- The smallest American businesses are cutting jobs and struggling to meet financial commitments like rent payments, a sign that they’re feeling the squeeze more than...

By Geoffrey Smith  Investing.com -- The Fed is set to raise interest rates by another 25 basis points, with all eyes on how chair Jerome Powell responds later to speculation on a...

(Bloomberg) -- Federal Reserve officials are on track to consider pausing interest rate hikes following their March meeting if more evidence of cooling inflation rolls in. That’s...

By Geoffrey Smith Investing.com -- The Federal Reserve starts a two-day policy meeting against a backdrop of weakening economic data - although the International Monetary Fund has...

By Scott Kanowsky Investing.com -- The International Monetary Fund has lifted its growth projections for the world economy this year, citing the positive impact from the recovery...

(Bloomberg) -- US Treasury Secretary Janet Yellen said persistently weak inflation is likely to return as a long-term challenge for the economy and policymakers once pandemic-era...

(Bloomberg) -- Nobel laureate Paul Krugman said he’s concerned investors have put inflation risk in the rear-view mirror too soon, and that easing financial conditions could spark...

(Bloomberg) -- Jerome Powell and Wall Street are headed for another face-off this week as the Federal Reserve seeks to slow its inflation-fighting campaign without signaling a...

By Geoffrey Smith Investing.com -- The dollar drifts and bond yields move higher at the start of a big week for central banks. A drop in German GDP in the fourth quarter makes the...

By Noreen Burke Investing.com -- It’s set to be an action-packed week as three of the world’s largest central banks hold policy meetings and three out of the top four...

(Bloomberg) -- Bond traders nudged their expectations for US inflation higher this week as US stocks advanced, signifying increased confidence in a soft landing for the economy...

By Sam Boughedda Lawrence Summers, the former Treasury Secretary, encouraged the Federal Reserve to pull back on signaling its next move following the expected rate hike next week...

(Bloomberg) -- US short- and long-term inflation expectations improved at the end of January, helping to once again boost consumer sentiment. Respondents said they expect prices to...

By Geoffrey Smith  Investing.com -- Intel tells a tale of woe for the chipmaking segment. The U.S. releases December data for the inflation measure that the Fed really cares about....

By Geoffrey Smith  Investing.com -- All of a sudden, things are looking up in Europe. Well, relatively speaking, at least. First, the good news. The energy-driven disaster that...

By Geoffrey Smith  Investing.com -- Tesla surges 7% in premarket trading after an upbeat outlook for the year from CEO Elon Musk, helping the broader market higher. It's peak...

(Bloomberg) -- Chicago is looking to attract a myriad of foreign workers laid off by technology giants as companies in the city and its suburbs seek to lure top talent and fill...

By Geoffrey Smith  Investing.com -- Stocks are set to open lower after Microsoft reported slowing demand even for the fastest-growing parts of its empire. It's another big day for...

By Geoffrey Smith  Investing.com -- Microsoft (NASDAQ:MSFT) is the first of the Big Tech megacaps to report earnings for the final quarter of 2022, and it's expected to show profit...

By Geoffrey Smith Investing.com -- The dollar fell to its lowest in nine months on rising expectations that the Federal Reserve will revert to mini-rate hikes at its next meeting....

(Bloomberg) -- US Treasury Secretary Janet Yellen said she’s encouraged by progress on inflation, with energy prices and supply-chain issues easing across the globe even as the US...

By Noreen Burke Investing.com -- The standoff over the U.S. debt ceiling looks likely to loom large over financial markets as earnings season continues. Markets will get an update...