Eurozone Inflation Slows to 1.8%, Bolstering Bets on Faster Rate Cuts
Investors now expect the European Central Bank to lower interest rates at its next meeting in October.
Posted inBanking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H United States Economy
Fed Chair Powell Underscores That More Rate Cuts Are Coming
Jerome H. Powell, chair of the Federal Reserve, said that inflation is down and unemployment up “significantly,” and that rates will move down “over time.”
Posted inBank of Japan Economic Conditions and Trends Government Bonds Inflation (Economics) Interest Rates Ishiba, Shigeru Japan Liberal Democratic Party (Japan) Politics and Government Stocks and Bonds
Stocks Tumble in Japan After Party’s Election of New Prime Minister
Stocks dropped after Japan’s governing party chose Shigeru Ishiba, a critic of the country’s longstanding ultralow interest rates, as its leader.
Posted inFederal Reserve System Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy
The Fed’s Preferred Inflation Gauge Cooled in August
Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts.