Today: November 12, 2026
Today: November 12, 2026

interest rates

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Fed has time to calibrate rate hikes, Daly says

The Federal Reserve will likely need to raise interest rates further to deal with elevated inflation, San Francisco Fed President Mary Daly said

Business|Economy|Finance

Fed sets new meeting schedule for 2027, as foretold by Warsh

The US Federal Reserve on Thursday unveiled an updated schedule for monetary policy meetings for 2027 following Chairman Kevin Warsh's announcement last month that policymakers

Business|Economy|Finance

The average US 30-year mortgage rate falls to 7.11% this week, its fourth straight decline

The average long-term U.S. mortgage rate fell for the fourth straight week, offering more relief for prospective home shoppers at a time when many have put off buying a home due to elevated home loan borrowing costs and prices

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US labor market resilient; existing home sales hit more than 16-year low in October

The number of Americans filing new claims for unemployment benefits increased more than expected last week, but remained at a level consistent with a

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Fed's Hammack signals support for gradual rate-hike path

By Michael S.

Business|Economy|Finance

Brazil inflation remains above goal despite softer-than-expected October reading

Consumer prices in Brazil rose less than expected in the 12 months through October but remained above the central bank's target range, as policymakers vow to keep using

Africa|Americas|Asia|Business|Economy|Europe|Finance|MidEast

India's inflation breaches central bank's 6% limit, bolsters case for rate hikes

India's retail inflation surged to 6.09% in October, breaching the central bank's 6% limit for the first time under the new series,

Business|Economy|Finance|World

AI spending helps lift UK growth to fastest since early 2024

Britain's economy grew at the fastest rate in two-and-a-half years in the third quarter of 2026, helped by investment in artificial

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UK house sales outlook is darkest since 2023, RICS says

British property surveyors were the most downbeat about the short-term outlook for house sales in more than three years in October, as rising interest rates for mortgages

Business|Finance

Japan wholesale inflation accelerates, keeps alive rate hike view

Japan's annual wholesale inflation re-accelerated in October as the Middle East conflict and AI-related demand kept pushing up prices for fuel and

Business|Economy|Finance|Stock Markets|Technology

AI stocks rebound, and Wall Street nearly returns to where it was before last week's sell-off

A rebound for AI stocks lifted the U.S. market

Economy

Brazil's central bank chief sees negative value in providing policy guidance

Brazil's central bank governor Gabriel Galipolo said on Wednesday that he sees the value of providing monetary policy guidance as negative amid an uncertain economic

Arts|Business|Finance|Science|Technology

Stocks end higher as CoreWeave results ease AI spending worries

US stocks closed higher on Wednesday, with the S&P 500 and the Nasdaq each rallying more than 1% as earnings from neocloud firm

Arts|Business|Finance

Stocks rise on tech gains; Nvidia falls after hours 

Major stock indexes rose on Wednesday, led by gains in technology shares after an upbeat report from CoreWeave lifted

Arts|Business|Finance

Dollar climbs as traders raise December Fed hike bets

The dollar strengthened against major currencies on Wednesday, buoyed by growing expectations that the Federal Reserve will raise interest rates after hot

Business|Economy|Finance|World

As higher prices seep into broader economy, Fed officials consider faster hikes

More evidence this week of hot inflation in the U.S. was unpleasant news for the Federal Reserve, not to mention consumers: Rising prices may be spreading beyond the one-time shocks from tariffs and high gas prices into the wider economy, meaning that mortgages, credit cards and other forms of borrowing are likely to become increasingly expensive

Business|Economy|Finance

Japan advisers urge focus on sustaining growth after inflation hits BOJ goal

Private-sector members of the Japanese government's top economic panel said on Wednesday that hitting the central bank's 2% inflation target is not an end

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Everyone loves CoreWeave

A look at the day ahead in European and global markets from Stella Qiu Just as investors were hoping falling oil prices had cooled inflation fears, a stubbornly hot US CPI report and a chorus of

Business|Economy|Political

Brazil plans measures for 2027 fiscal savings, source says

Brazil will unveil in the next few days measures to achieve a fiscal adjustment equivalent to 0.5% of gross domestic product in 2027, a government source said on Tuesday.

Economy|Finance

Fed's Paulson calls for gradual rate hikes amid ongoing high inflation 

By Michael S.

Business|Economy|Finance

UK inflation to overshoot Bank of England target for next 4 years, NIESR forecasts

The Bank of England will not succeed in returning inflation to target before 2030, driven by second-round effects on wages caused by the Iran war, according to forecasts

Economy|Finance

Brazil central bank chief says it will keep fighting inflation with tight policy

Brazil's central bank governor, Gabriel Galipolo, said on Tuesday that the bank would use tight monetary policy to keep inflation under control even if it

Business|Economy|Finance

Fed's Bowman says 'still work to do' on inflation

Federal Reserve Vice Chair of Supervision Michelle Bowman on Tuesday added her voice to the chorus of colleagues pointing to inflation as their biggest priority,

Economy|Finance

Fed officials open door to a quicker round of rate hikes as inflation worsens

The odds that the Federal Reserve may raise interest rates by half a percentage point next month jumped on Tuesday after US data