Brazil Cuts Selic Rate to 14% in Fourth Straight Move, Warns of Global Risks
Economy

Brazil Cuts Selic Rate to 14% in Fourth Straight Move, Warns of Global Risks

Brazil's central bank trimmed its benchmark interest rate by a quarter-point to 14%, the lowest in over a year, but caut...

Niamh O'Sullivan 👁 44 💬 0
Brazil holds world’s highest real interest rate even after new Selic cut to 14%
Economy

Brazil holds world’s highest real interest rate even after new Selic cut to 14%

A quarter-point reduction was not enough to dethrone Brazil from the top of the global real-rate ranking, as elevated in...

Niamh O'Sullivan 👁 36 💬 0
Gold Edges Higher as US Jobs Data, Fed Rate Path Take Centre Stage
Markets

Gold Edges Higher as US Jobs Data, Fed Rate Path Take Centre Stage

Gold ticked up to $4,062 as traders braced for US labor data that could sway the Fed's September decision, with Iran ten...

Yael Ben-David 👁 59 💬 0
30-Year Cafe Owner Wouldn't Start Over as Small Business Costs Bite
Economy

30-Year Cafe Owner Wouldn't Start Over as Small Business Costs Bite

A veteran cafe owner says wages, utilities and insurance are crushing margins, while new AMP data shows small-business c...

Niamh O'Sullivan 👁 31 💬 0
Kevin Warsh's Fed Communications Pullback Draws Goldman Warning on Market Volatility
Markets

Kevin Warsh's Fed Communications Pullback Draws Goldman Warning on Market Volatility

The Fed chair is cutting back forward guidance. Wall Street and Goldman Sachs warn the information void could amplify ma...

Yael Ben-David 👁 43 💬 0
Ken Lui Predicts Hong Kong Home Prices Fall 20% Over 18 Months as CCL Heads Below 130
Real Estate

Ken Lui Predicts Hong Kong Home Prices Fall 20% Over 18 Months as CCL Heads Below 130

Columnist Ken Lui sees the CCL falling below 150 in 2026 and 130 in 2027, a ~20% slide, as high US yields and weak rents...

Cormac Doyle 👁 46 💬 0
Gold Hits New All-Time High as Inflation and Low Rates Fuel Rally
Markets

Gold Hits New All-Time High as Inflation and Low Rates Fuel Rally

Gold rose for a third straight session, reaching €1,980.80 ($2,070.50) per ounce, as inflation, loose central bank polic...

Yael Ben-David 👁 33 💬 0
Euribor Explained: The Benchmark Behind Spain's Variable-Rate Mortgages
Personal Finance

Euribor Explained: The Benchmark Behind Spain's Variable-Rate Mortgages

An explainer on the Euribor: how the eurozone interbank benchmark is calculated daily, which tenors matter, and why Span...

Shira Katz 👁 37 💬 0
CD Rates in August: Experts Expect Stability at 4% — and Why Locking In Early Pays
Personal Finance

CD Rates in August: Experts Expect Stability at 4% — and Why Locking In Early Pays

The best certificates of deposit still pay 4% or more, and analysts expect August to be a quiet month for rates — a stro...

Shira Katz 👁 28 💬 0
Brazil's Gross Public Debt Hits 81.9% of GDP, Highest Since 2021
Economy

Brazil's Gross Public Debt Hits 81.9% of GDP, Highest Since 2021

Brazil's gross government debt rose 0.9 percentage points in June to 81.9% of GDP, the highest since April 2021, as inte...

Niamh O'Sullivan 👁 33 💬 0
US National Debt Nears $40 Trillion—What That Means for Global Borrowing Costs, Exports, and Alternative Assets
Markets

US National Debt Nears $40 Trillion—What That Means for Global Borrowing Costs, Exports, and Alternative Assets

With the US federal debt reaching $39.6 trillion and net interest costs topping $1 trillion, the fiscal trajectory is in...

Yael Ben-David 👁 39 💬 0
Bank of Japan Keeps Rates at 1.0% as Dissenter Calls for Immediate Hike
Economy

Bank of Japan Keeps Rates at 1.0% as Dissenter Calls for Immediate Hike

The BOJ held its short-term rate steady in an 8-1 vote but signalled more tightening ahead, with board member Hajime Tak...

Niamh O'Sullivan 👁 41 💬 0
RBI Set to Hold Rates Steady as Brent Retreats, Fed Stays Put
Economy

RBI Set to Hold Rates Steady as Brent Retreats, Fed Stays Put

All 16 economists and treasurers polled expect no change in the August policy review. A sharp drop in crude prices and a...

Niamh O'Sullivan 👁 28 💬 0
Bitcoin Flat at $64,000 as Rate Uncertainty and Middle East Jitters Weigh
Markets

Bitcoin Flat at $64,000 as Rate Uncertainty and Middle East Jitters Weigh

Bitcoin held near $64,000 on Friday, shrugging off a tech stock rally as investor caution over Fed path and geopolitical...

Yael Ben-David 👁 35 💬 0
Ueda Flags Inflation Overshoot Risk, Says BOJ May Accelerate Rate Hikes
Economy

Ueda Flags Inflation Overshoot Risk, Says BOJ May Accelerate Rate Hikes

The Bank of Japan held rates at 1.0% but Governor Ueda warned underlying inflation could surpass the 2% target, citing o...

Niamh O'Sullivan 👁 43 💬 0
European Stocks Rise on AI-Fuelled Tech Bounce as BoE Leaves Rates Unchanged
Markets

European Stocks Rise on AI-Fuelled Tech Bounce as BoE Leaves Rates Unchanged

Technology shares lead gains across Europe amid hopes that a sell-off in AI-linked assets is ending, while the Bank of E...

Yael Ben-David 👁 36 💬 0
Polish Inflation Rebounds as Fuel Prices Surge, Clouding Prospects for Interest Rate Cuts
Economy

Polish Inflation Rebounds as Fuel Prices Surge, Clouding Prospects for Interest Rate Cuts

A 15.8% year-on-year leap in fuel costs pushed Poland’s CPI back towards 3%, likely keeping the central bank on hold aft...

Niamh O'Sullivan 👁 35 💬 0
Brazil Homebuilder Rout Opens Buying Window as Caixa Pledges R$260bn in Housing Loans
Markets

Brazil Homebuilder Rout Opens Buying Window as Caixa Pledges R$260bn in Housing Loans

Stocks like Direcional and Tenda plunged ~15% in July on credit fears, but analysts at Itaú BBA and Bradesco BBI say the...

Yael Ben-David 👁 40 💬 0
BoE Keeps Rate at 3.75%, Warns of Hike if Iran Conflict Persists
Economy

BoE Keeps Rate at 3.75%, Warns of Hike if Iran Conflict Persists

The Bank of England holds its key rate steady but signals readiness to tighten if Middle East tensions keep energy price...

Niamh O'Sullivan 👁 38 💬 0
Bank of England holds rate at 3.75% as inflation surprise is overshadowed by Iran-driven oil spike
Economy

Bank of England holds rate at 3.75% as inflation surprise is overshadowed by Iran-driven oil spike

The Bank of England kept interest rates at 3.75% for the fifth meeting in a row, but a 6-3 split vote revealed deepening...

Niamh O'Sullivan 👁 36 💬 0
Gold Futures Dip on Oil-Driven Rate Fears, Rebound After Fed Holds
Markets

Gold Futures Dip on Oil-Driven Rate Fears, Rebound After Fed Holds

COMEX gold edged lower before reversing after-hours as the Federal Reserve held rates and the market parsed hawkish oil-...

Yael Ben-David 👁 44 💬 0
Fed Holds Rates, But Three Dissenters Call for a Hike as Inflation Worries Persist
Economy

Fed Holds Rates, But Three Dissenters Call for a Hike as Inflation Worries Persist

The Federal Reserve left its key rate at 3.50–3.75%, but an unusual trio of FOMC members voted for a quarter-point incre...

Niamh O'Sullivan 👁 38 💬 0
Fed Chair Warsh Calls FOMC Split a 'Family Fight' as Three Dissenters Try to Force Rate Hike
Economy

Fed Chair Warsh Calls FOMC Split a 'Family Fight' as Three Dissenters Try to Force Rate Hike

The Federal Reserve held its key rate at 3.5%-3.75% for a fifth straight meeting, but an unusual 8-3 vote highlighted de...

Niamh O'Sullivan 👁 42 💬 0
Federal Reserve Leaves Rates Unchanged Again as Iran War, Oil Spike Trap Policymakers
Economy

Federal Reserve Leaves Rates Unchanged Again as Iran War, Oil Spike Trap Policymakers

The Federal Reserve held its key rate at 3.50–3.75% amid a 3-9 split vote and a new hawkish chair warning of zero tolera...

Niamh O'Sullivan 👁 48 💬 0
BoC Minutes Show Doubts on Growth Durability, Rate Hike Risk if Oil Spike Persists
Economy

BoC Minutes Show Doubts on Growth Durability, Rate Hike Risk if Oil Spike Persists

The Bank of Canada’s July policy meeting minutes reveal officials are uncertain about growth sustainability, while warni...

Niamh O'Sullivan 👁 36 💬 0
Fed Poised to Hold Rates as Iran Conflict Clouds Inflation Outlook
Economy

Fed Poised to Hold Rates as Iran Conflict Clouds Inflation Outlook

The Federal Reserve is expected to keep rates steady but signal a September hike as geopolitical tensions and elevated o...

Niamh O'Sullivan 👁 63 💬 0
Dollar Edges Lower Ahead of Fed Decision, Yen Near 40-Year Low
Markets

Dollar Edges Lower Ahead of Fed Decision, Yen Near 40-Year Low

The US dollar dipped slightly but held near one-month highs on Wednesday as markets braced for a Federal Reserve rate de...

Yael Ben-David 👁 29 💬 0
Federal Reserve Set to Hold Rates as Markets Watch Warsh for Signal on Next Move
Economy

Federal Reserve Set to Hold Rates as Markets Watch Warsh for Signal on Next Move

The FOMC is widely expected to keep the federal funds rate at 3.50–3.75% on July 29, but Chair Kevin Warsh’s press confe...

Niamh O'Sullivan 👁 40 💬 0
Fed Decision Looms: Why a Hawkish Hold Could Send Shockwaves Through Bonds and Mortgages
Economy

Fed Decision Looms: Why a Hawkish Hold Could Send Shockwaves Through Bonds and Mortgages

The Federal Reserve's July meeting is clouded by the highest policy uncertainty since 2024. Even if rates stay on hold, ...

Niamh O'Sullivan 👁 52 💬 0
Investors Position for a Hawkish Fed Hold Amid Inflation Anxiety and Oil Volatility
Economy

Investors Position for a Hawkish Fed Hold Amid Inflation Anxiety and Oil Volatility

With oil volatile and inflation expectations at risk, Wall Street braces for a hawkish Fed hold. Dissent and rising vola...

Niamh O'Sullivan 👁 41 💬 0