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

interest rates

Business|Economy|Finance

The average US 30-year mortgage rate falls to 7.18% this week, its third straight decline

The average long-term U.S. mortgage rate fell for the third straight week, offering some relief to prospective homebuyers facing higher home prices

Economy|Europe|Finance|World

BoE joins the rate hike club, Australia may be done already

Several major central banks have raised interest rates this week, though they appear at very different stages of the tightening

Economy|Finance

Bank of England raises rates for first time since 2023, warns more likely

The Bank of England raised interest rates for the first time in over three years on Thursday and warned that at least one more

Business|Economy|Finance|World

BoE hikes rate for first time in 3 years; retreating oil prices may allow for more options ahead

The Bank of England is raising interest rates for the first time in more than three years in an effort to tackle an inflation shock stoked by the Iran war

Economy|Finance

Brazil's Lula to decide on fiscal measures after foreign trips, finance minister says

Brazil's reelected President Luiz Inacio Lula da Silva is expected to decide on potential fiscal measures later this month after an overseas trip, Finance

Arts|Economy|Entertainment|Finance|Science|Technology

Oil and the blame game

As has been the case so often this year, a huge move in crude prices dominated world markets on Wednesday as investors tried to figure out the implications of the US

Uncategorized

Australia's central bank warns public confidence in inflation fight is slipping

Public confidence in the Reserve Bank of Australia's ability to control inflation was eroding, a top central banker said on Thursday, warning that a loss of trust could make

Business|Economy|Finance

Bank of England poised to hike rates for first time in 3 years

The Bank of England is widely expected to raise interest rates for the first time in three years on Thursday due to mounting inflation pressures from the US

Arts|Business|Economy|Environment

BOJ debated need for more rate hikes, scope for faster moves, September minutes show

Bank of Japan policymakers saw the need to keep raising interest rates with some signalling the chance of faster-paced increases, minutes of their September

Economy|Finance|Stock Markets

Trading Day: Oil tanks, stocks leap on US midterms   

Investors put money to work on Wednesday, piling into stocks, bonds, non-dollar currencies and gold following historic US midterm elections that

Economy|Finance|World

Brazil's central bank ends run of rate cuts after Lula election win

Brazil's central bank ended a run of interest rate cuts and kept borrowing costs on hold on Wednesday as it grappled with a worsening inflation outlook

Business|Economy|Finance

AI debt binge isn't crowding out Treasuries, TBAC says

AI-driven corporate borrowing isn't crowding out demand for US Treasuries, according to the latest meeting of the Treasury Borrowing Advisory Committee, which

Arts|Economy|Election|Finance

Election stiffens the Fed's guardrails, but independence risks remain

Democrats' sweeping midterm victory strengthens the Federal Reserve against President Donald Trump's efforts to meddle with it, with the Senate's

Business|Economy|Finance

US services sector activity cools slightly in October; inflation remains elevated

US services sector growth slowed marginally in October amid a moderation in new orders, but supply chains remained strained, keeping prices for inputs elevated.

Business|Economy

Toronto home sales rise for first time in three months in October

Greater Toronto Area home sales rose for the first time in three months in October as lower selling prices offset the recent increase in borrowing costs to

Business|Economy|Finance

Global central banks hit pause in October after September hiking spree

Global central banks largely hit the pause button in October after a round of rate hikes the previous month, though policymakers and

Business|Economy|Europe|Finance

Euro zone economic growth slows to four-month low in October, PMI shows

The euro zone's economic expansion slowed sharply but did remain resilient in October as demand — a key gauge of underlying momentum — came close to stalling while rising

Business|Economy|Europe|Finance

Euro zone wage growth to rebound slightly next year, ECB says

Wage growth in the euro zone is likely to rebound slightly in the first nine months of next year based on the latest pay deals, the European Central Bank said on Wednesday

Business|Finance

New Zealand unemployment hits 5.7% in Q3, highest since 2015

New Zealand's jobless rate rose to 5.7% in the third quarter, its highest level since 2015, while employment fell 0.1% from the previous quarter,

Arts|Business|Economy|Technology|World

US factory orders beat expectations in September amid broad strength

New orders for US factory goods increased more than expected in September, boosted by bookings for aircraft and a range of other goods, government data showed on Tuesday.

Business|Economy|Finance

Mexico analysts slightly lift inflation, growth forecasts

Private sector analysts polled by Mexico's central bank edged up their expectations for headline inflation this year and 2027, while also nudging up their economic

Economy|Finance|Political

Bank of Canada head says fiscal policy not hitting fight against inflation

The Canadian government's current fiscal policy is not making it harder for the Bank of Canada to fight inflation, Governor Tiff Macklem told the House of Commons finance

Business|Finance

Dollar choppy but little changed as Mideast, US midterms weighed

The dollar seesawed between modest gains and losses on Tuesday as investors gauged uncertainty over a possible US-Iran deal and the outcome of US

Economy|Finance

Brazil's Lula not weighing proposal to slash interest rates, minister says

Brazil's re-elected President Luiz Inacio Lula da Silva is not considering a proposal from an influential economist to slash benchmark interest rates as a

Finance

Brazil economists raise inflation, rate forecasts after Lula reelection

Private-sector economists raised their forecasts for Brazil's inflation and interest rates in the first weekly central bank poll since left-wing President Luiz Inacio Lula

Business|Economy|Finance|Technology

Global financial markets were already fragile. Big AI bets could break them 

Financial markets are struggling under the weight of wars, soaring sovereign debt and trade tensions, with signs of trouble showing

Business|Economy|Finance

Midterms and mediation

Energy markets were blindsided overnight by reports of US military strikes on Iran, cutting across multiple reports on Monday of peace talk mediation that had sent

Uncategorized

Weaker dollar views stick running into US midterms, but strategists brace for resilience: Reuters poll

The US dollar will slip in coming months according to FX strategists polled by Reuters who have clung to their long-held bearish view running into

Business|Economy|Finance

Brazil’s post-election market shock clouds path to cheaper credit​

Brazil’s market rout following the reelection of Luiz Inacio Lula da Silva has clouded the prospect of cheaper credit, leaving

Arts|Economy|Europe|World

For many Russians, higher utility bills are latest inflation shock

In the Russian capital Moscow, history teacher Polina Ibragimova was shocked when a utility bill arrived that amounted to more than half her monthly pay.

Business|Economy|Finance

Australia's central bank lifts rates to 18-year high, split vote points to pause ahead

Australia's central bank raised its cash rate to an 18-year high on Tuesday in its fifth hike of the year, though a surprisingly narrow 6-3 vote

Business|Economy

South Korea October headline inflation moderates ahead of expected rate hike

South Korea's headline inflation slowed in October, government data showed on Tuesday, providing a slight reprieve for central bankers but remaining firmly above target.

Business|Economy|Finance

Business loan demand softened last quarter, Fed survey shows

Business demand for bank loans weakened last quarter for the first time in more than a year, a Federal Reserve survey showed on Monday, though banks said some borrowers

Economy|Environment|Science

El Nino poses 'meaningful risk' of higher inflation in 2027, SF Fed paper says

The El Nino weather pattern that could cause a record rise in ocean temperatures in coming months poses a "meaningful risk" of higher US inflation in 2027 even as it

Business|Economy|Finance

US Treasury auction changes loom in 2027; dealers eye long-end cuts

The US Treasury is widely expected to leave coupon auction sizes unchanged at this week's quarterly refunding announcement, but investors are

Economy|Europe|Political|World

Belgian government in crisis after budget talks collapse

By Bart H.

Business|Economy|Finance|World

Manufacturing solid but strain of energy costs, supply disruptions starts to show

Global manufacturing activity remained solid in October but factories are increasingly showing strain from rising energy costs while

Business|Economy|Finance

Sterling drifts as BoE rate decision comes into focus

The pound was broadly steady against both the dollar and euro on Monday as investor attention shifted from last week's UK budget to an expected Bank of England rate hike on

Business|Economy|Europe|Finance

UK October manufacturing PMI shows fastest output growth in two years

British manufacturers started the final quarter of 2026 with the strongest output growth in more than two years, a survey showed on Monday, although fast-

Arts|Business|Economy|Europe|Finance|MidEast|Stock Markets

Euro zone factory growth eases in October but remains solid, PMI shows

Euro zone manufacturing activity growth held up well in October, albeit easing as new order growth slowed and rising costs from energy and supply-chain disruptions squeezed

Business|Economy|Europe|Finance

ECB will have to raise rates again, extent uncertain, Kazimir says

The European Central Bank will have to raise interest rates again to prevent high inflation from getting entrenched and markets may be underestimating what is needed to

Arts|Asia|Economy|Environment

BOJ flags progress in anchoring inflation around target

Japan has made gradual progress towards anchoring inflation around the central bank's 2% target, the Bank of Japan said in a report on Monday, bolstering the

Business|Economy|Finance

Bank of England poised to raise rates but may push back on bets for more

The Bank of England is expected to bow to inflation pressure from soaring energy costs and raise interest rates on Thursday, though it may push

Arts|Economy|Environment|Europe

Australian home prices fall for seventh month, looming rate hike adds to pain

Australian home prices fell for a seventh month in October, with the downturn proving steeper than any in the past four decades, while the heightened risk of another imminent

Business|Economy|Finance

Fed officials make case for rate hikes amid ongoing inflation concerns

By Ann Saphir and Michael S.

Business|Economy|Finance

Fed needs at least two more rate hikes, Logan says

The Federal Reserve needs to raise rates at least two more times to get inflation under control, Dallas Fed President Lorie Logan said on Friday, in some of the most

Arts|Finance|Technology

Yen set for third straight daily gain against dollar after BOJ holds rates

The yen was on track for a third consecutive daily gain on Friday after the Bank of Japan left rates unchanged and upgraded its

Arts|Finance|Interview

Fed's Barkin says US central bank's direction 'straightforward,' the question is pace, SiriusXM reports

Richmond Federal Reserve President Tom Barkin said on Friday that with high inflation and the economy solid, the path of US monetary policy was "

Arts|Business|Europe

Syngenta Group reports lower revenue after heatwave hits sales

Syngenta on Friday reported lower sales and profit during the third quarter, as summer heatwaves in Europe hit demand for its crop protection products, and cash-strapped

Business|Economy|Finance

Canada's economy stalls again in August, likely lost ground in September

Canada's economy stalled in August for the second straight month as increases in the retail, manufacturing and construction sectors were largely offset

Economy|Finance|Stock Markets|US

US fiscal deterioration main headache for investors as midterms loom

The United States' deteriorating fiscal picture has been a nagging worry for investors, who see no easy solutions however

Arts|Economy|Europe|Finance|MidEast|World

Europe's economy brushes off energy shock from Iran war, shows moderate growth in Q3

Europe’s economy persevered with moderate growth in the third quarter despite higher oil prices from the US-Iran war, as gross domestic product increased by 0.4% over the quarter before

Business|Economy|Finance

New economic data challenges Fed chief's not-too-hot perspective

New data may challenge Federal Reserve Chairman Kevin Warsh's sense that the US economy can handle a robust expansion without stoking inflation, as a

Economy|Europe|Finance

ECB policymakers bring rate hike debate into the open

The European Central Bank may need to raise interest rates further to counter high inflation and prevent it from spiralling into wages, ECB policymakers said on Friday,

Business|Economy|Europe|Finance

Euro zone growth beats projections but headwinds mount

The euro zone economy grew faster than predicted last quarter, displaying exceptional resilience to headwinds from expensive energy, even as surging

Arts|Economy

ECB survey sees higher inflation in coming quarters

Euro zone inflation is expected to be sharply higher this year and next than earlier predicted, and may only return to the European Central Bank's 2% target in 2028, the

Business|Economy|Finance

BOJ Governor Ueda's comments at news conference

The Bank of Japan kept interest rates steady on Friday, but declared victory in a nearly 14-year battle to hit its price target and signalled vigilance against

Business|Finance

BOJ declares victory in hitting price target, signals near-term hikes

The Bank of Japan kept interest rates steady on Friday, but declared victory in a nearly 14-year battle to hit its price target and

Asia|Business|Economy|Finance|Stock Markets|Technology|World

Japan's Nikkei slumps up to 3% as tech stocks tumble on AI worries

Japan's Nikkei share average dropped as much as 3% on Friday, led by chip-related stocks, as concerns mounted over the sustainability of spending to fund the AI boom.

Business|Economy|Finance|Stock Markets

BOJ keeps interest rates steady, signals further rate hikes

The Bank of Japan kept interest rates steady on Friday, but revised up its inflation forecast and stressed anew its readiness to continue pushing up borrowing costs to

Business|Economy|Finance

Analysts react to BOJ decision to keep rates steady

The Bank of Japan kept interest rates steady on Friday, but revised up its inflation forecast and stressed anew its readiness to continue pushing up borrowing costs to forestall

Arts|Asia|Business|Economy|Europe|Finance|Stock Markets|World

Tokyo core inflation exceeds BOJ target in October

Annual core inflation in Japan's capital well exceeded the central bank's 2% target in October, data showed on Friday, highlighting mounting price pressure

Business|Economy|Finance|Technology

Trading Day: Communication breakdown

The big three US stock indices fell on Thursday, despite weaker oil prices, lower bond yields and upbeat economic growth data, as a record fall

Business|Economy|Finance|Science|Technology

Equities and bond yields dip with AI jitters and economic data in focus

Wall Street equity indexes dipped on Thursday as AI jitters offset some encouraging economic data while Europe's stocks rallied as

Business|Economy|Environment|Science

Soy, rare earths and fuels: how Brazil vote impacts the global flow of resources

Brazil's surprising reelection of leftist President Luiz Inacio Lula da Silva will have implications for the global flow of commodities from the

Arts|Economy|Europe|Finance

Euro edges up versus dollar after ECB holds rates

The euro edged higher on Thursday after the European Central Bank kept interest rates unchanged, while the dollar eased against

Business|Economy|Technology

Wall Street ends lower as Alphabet revenue miss revives AI capex jitters

US stocks slid on Thursday, with investors reassessing big tech's massive AI spending spree as they digested high-profile earnings and

Business|Economy|Finance

The average 30-year US mortgage rate dips to 7.24%, the lowest level in more than a month.

The average long-term U.S. mortgage rate declined for the second straight week, falling to its lowest level in more than a month

Arts|Asia|Economy|Europe|MidEast

Central banks take a breather, though more hikes are to come

Major central banks took a break from interest rate rises this week, but they are by no means done, with energy prices near multi-

Arts|Economy|Europe|Finance|World

ECB flags December hike but sees yield rise hitting growth

The European Central Bank left interest rates unchanged in a well-telegraphed move on Thursday but clearly hinted at another hike

Business|Economy|Finance

Robust consumer spending, AI-related investment power US economy in third quarter

The US economy grew at its fastest pace in a year in the third quarter, shrugging off higher oil prices stemming from the conflict in the Middle East

Business|Economy|Europe|Finance

ECB governors see December hike likely followed by pause, sources say

European Central Bank policymakers expect to increase interest rates in December to fight high, energy-led inflation and then pause as a rise in bond yields is set to

Business|Economy|Finance

Last snapshot of the US economy before midterms shows stronger growth but higher inflation

Last snapshot of the US economy before midterms shows stronger growth but higher inflation

Business|Economy|Finance

US stock index futures pare losses after economic data

US stock index futures pared declines slightly on Thursday as investors assessed the latest inflation reading, released a day after the US Federal Reserve kept interest rates

Business|Economy|Finance

US inflation heats up in September; consumer spending rises

US inflation accelerated in September as consumers paid more for gasoline and other goods, supporting economists' expectations of an interest rate increase from the

Business|Economy|Europe|Finance|Stock Markets

ECB keeps rates unchanged; euro and bond yields fall

The European Central Bank left interest rates unchanged in a well-telegraphed move on Thursday, and said inflation risks were on the rise from surging energy costs, which

Business|Economy|Europe|Finance

ECB's Lagarde steps down, saying she can't remain neutral on world events

European Central Bank President Christine Lagarde said on Thursday she would step down early from her position in order to have the

Arts|Economy|Finance|Science|Technology

Firefighting cash burn

There were few fireworks from the Federal Reserve on Wednesday, with two dissenters to the decision to keep rates unchanged, but there were indications of more hikes

Economy|Europe|Finance

Christine Lagarde: The outsider who led the ECB her way

Christine Lagarde's decision to step down early as European Central Bank president ends an eventful seven years at an institution she

Business|Economy|Finance

Japan bonds steady ahead of BOJ decision; strong auction lends support

Japanese government bonds (JGBs) were steady on Thursday, a day before the Bank of Japan's monetary policy decision, while strong demand at an auction of 2-year notes

Business|Economy|Finance|Stock Markets

In the AI alphabet, cash is king

A look at the day ahead in European and global markets from Wayne Cole.

Business|Economy|Finance|Technology

AI-related investment, consumers likely boosted US economic growth in third quarter

US economic growth likely accelerated in the third quarter as resilient consumer spending and AI-driven business investment more than offset the impact

Asia|Business|Economy|Finance|Interview|World

Bank of Korea board member says won moves faster than expected

A voting member on the Bank of Korea's board warned that the recent pace of the won's moves warranted close monitoring, signalling caution over the currency even as the

Arts|Economy|Entertainment|Finance

Fed highlights economic strength but muddies outlook for Treasuries

The Federal Reserve kept interest rates steady on Wednesday as expected, but it was not able to comfort bond investors

Business|Economy|Finance|Interview

New Zealand central bank governor says chances of December hike are 'high'

New Zealand central bank governor Anna Breman said on Thursday chances the bank will hike the official cash rate in December are "high".

Business|Economy|Finance|Stock Markets|Technology

Trading Day: Fed pauses, Big Tech reports

Wall Street rose on Wednesday after the Federal Reserve kept interest rates on hold and as investors focused on key earnings reports.

Business|Economy|Finance

Fed's policy committee to weigh balance sheet issues early next year, Warsh says

By Michael S.

Arts|Economy|Finance|Stock Markets|Technology|US|World

Global stocks hold gains after Fed decision, oil prices rise

Global stocks and major Wall Street indexes gained on Wednesday after the Federal Reserve held interest rates steady, as

Finance

Warsh says politics played no role in Fed's rate decision by group he is 'honored' to lead

Federal Reserve Chairman Kevin Warsh on Wednesday said he is "honored" to lead the central bank's policymakers and said politics

Business|Economy|Finance|Technology

Fed's Warsh says US economy not running too hot

Federal Reserve Chairman Kevin Warsh said on Wednesday that the US economy is not running too hot despite some demand pressures from the boom in AI investment, adding

Business|Economy|Finance|Political|Stock Markets|US

FOMC holds rates steady, markets rise modestly

The Federal Reserve held interest rates steady on Wednesday, awaiting further data on the path of inflation, and said it would reduce its policy-meeting schedule starting

Economy

Fed leaves rates unchanged as it awaits 'accumulation of more information'

The Federal Reserve held interest rates steady on Wednesday, as expected, opting to delay any changes to borrowing costs until after

Business|Economy|Finance

Federal Reserve keeps rates unchanged despite elevated inflation

The Federal Reserve kept its key rate unchanged Wednesday at about 3.9% despite stubbornly high inflation, while providing little hint about its next moves

Business|Economy

Fed keeps interest rates unchanged, but two officials dissented in favor of a rate hike

Fed keeps interest rates unchanged, but two officials dissented in favor of a rate hike

Economy|Finance

In first budget, UK's Healey tries to shelter households from economic storms

UK finance minister John Healey offered help on Wednesday to households buffeted by "global economic storms", easing the hit from rising

Business|Economy|Finance|Political

UK seeks to give households 'breathing space' this winter over Iran war energy price spike

U_K_ Treasury chief John Healey has used his first budget statement to offer households and businesses support with their energy bills this winter in the face of what he termed “global economic storms.”

Economy|Finance

UK inflation forecast to average 3.4% in 2027, OBR says

British inflation is set to average 3.4% in 2027, the country's budget watchdog said on Wednesday following finance

Business|Economy|Finance

What to expect from the Fed today

What to expect from the Fed today

Arts|Business|Economy|Europe|Finance|MidEast|Stock Markets

European banks beat profit forecasts, Brazil overshadows Santander 

European banks went some way to easing investor concerns about slowing earnings momentum