UK inflation surges above Bank of England's 2% target, curbing December rate cut expectations
The hike marks a sharp increase from the 1.7% rise recorded in September and exceeds the 2.2% forecast of economists polled by Reuters.
Nomura expects Fed to pause rate-cut cycle in December
The U.S. Federal Reserve is no longer expected to cut interest rates at its December policy meeting, Nomura has said, making it the first global brokerage to signal a pause in the central bank's rate-cutting cycle in the wake of Donald Trump's election win.
Traders Trim Big Canada Rate Cut Bets After Inflation Uptick
Inflation in Canada rose by more than forecast and underlying price pressures reaccelerated, hiccups that may dissuade policymakers from a second straight 50 basis-point cut to interest rates next month.
Traders trim Bank of England rate cut bets after U.K. inflation rebounds
The chances of another rate cut this year by the Bank of England has diminished after data showed an acceleration in the pace of Britain’s inflation last month.
Canada's inflation rate jumps back to 2%, curbing large rate-cut bets
Canada's annual inflation rate rose more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on Tuesday, causing markets to scale back bets on a big rate cut next month.
U.K. Inflation Rebounds Above Bank of England Target
The annual rate of inflation rose above the BOE target in October, a move that was expected by policymakers, who have said they would cut their key rate only gradually.
Inflation soars back above Bank of England target in sharpest spike for two years
The Bank of England seeks to control inflation – the speed at which the cost of goods and services are rising – by raising and lowering the cost of borrowing via its base inte
Boston Fed President says December rate cut isn’t a ‘done deal’Boston Fed President says December rate cut isn’t a ‘done deal’
Boston Fed President Susan Collins said it was too soon to say whether the Fed should cut interest rates next month.
Austin American-Statesman13d
A Fed rate cut may be coming, but it may be too small for Americans to notice
It would be the Fed’s second consecutive rate cut but smaller than its half-point cut in September that kicked off the ...
FM bats for rate cut: Should you lock an FD at the current interest rates? Check the latest rates here
In case RBI’s six-member core policy committee cuts the repo rate in its Dec meet, the lending rates would follow suit. So ...
December Rate Cut in Philippines Uncertain After Trump Win
The Philippine central bank is on course for more rate cuts, Governor Eli Remolona said Tuesday, even as Donald Trump’s win ...
What the Fed rate cut means for mortgage interest rates
Mortgage rates, in particular, surged last year to their highest level since 2000 but have since come down alongside ...
Tennessean12d
Another Fed rate cut is ahead, but so is ongoing uncertainty after the election
Borrowers barely felt interest rates budge after the Fed's first rate cut back in September, and they're not about to get a big bang for their buck Thursday when the Federal Reserve makes its next ...
Turkey Central Bank to Pivot Toward Rate Cut After One More Hold
Turkey’s central bank will probably hold its main interest rate for an eighth straight month this week, though policymakers ...
Most Gulf bourses fall on Fed's rate-cut caution; Egypt extends loss
Most stock markets in the Gulf ended lower on Monday, hurt by concerns that the U.S. Federal Reserve would slow its pace of ...