US third quarter growth revised up to 5.2% US economic growth was stronger than estimated for the July to September period this year, government data showed today, due to higher investment and government … Business • 29 Nov
US consumer inflation cools to 3.2% in October US consumer inflation cooled more than expected last month, according to government data published today, providing some welcome news for policymakers looking to control price … Business • 14 Nov
US Fed could hike rates again if 'appropriate' - Powell The US Federal Reserve is prepared, if needed, to increase interest rates further in order to bring inflation down to its long-term 2% target, Fed … Business • 10 Nov
Traders bet ECB first big central bank to cut rates Financial markets are ramping up expectations for interest rate cuts from the European Central Bank, betting it will be the first major central bank to … Business • 03 Nov
US economy grows at fastest rate in nearly two years The US economy heated up in the third quarter, government data showed today, as a resilient job market helped boost consumer spending, holding off the … Business • 26 Oct
US inflation is 'still too high', says Fed Chair Powell US inflation is "still too high" despite a recent slowdown, Federal Reserve Chair Jerome Powell said yesterday, leaving the door open for a new interest … Business • 20 Oct
US retail sales better than expected in September Retail sales in the US came in stronger than expected in September according to government data released today, supported partly by sales in the auto … Business • 17 Oct
US consumer inflation holds steady in September Consumer inflation held steady in the US last month, according to government data released today, giving policymakers some reprieve in their battle to tamp down … Business • 12 Oct
ECB's Lane says high inflation rates 'horrible' Euro zone companies are finally absorbing wage pressures and the labour market has started to soften, European Central Bank chief economist Philip Lane said last … Business • 22 Sep
Fed's hawkish stance spooks investors The Federal Reserve's plans for a prolonged period of elevated interest rates could continue pressuring stocks and bonds in coming months. Business • 21 Sep
US Federal Reserve leaves rates unchanged The US Federal Reserve held interest rates steady today but stiffened its hawkish stance, with a further rate increase projected by the end of the … Business • 21 Sep
US retail sales see higher than expected increase Retail sales in the US accelerated slightly in August, government data showed today, as a spike in gas prices boosted sales at service stations. Business • 14 Sep
US consumer inflation ticks up in August on fuel prices Consumer inflation in the US picked up in August for a second month in a row, according to government data released today, putting the heat … Business • 13 Sep
US second-quarter GDP growth revised lower US economic growth was revised lower to a still-solid pace in the second quarter, but momentum appears to have picked up early in the third … Business • 30 Aug
Inflation talk shifts ahead of Jackson Hole gathering Inflation has fallen across much of the world this year but the job is only half done, even if top central banks are now getting … Business • 24 Aug
Fed officials divided over need for more rate hikes Federal Reserve officials were divided over the need for more interest rate hikes at the Fed's July 25-26 meeting, with "some participants" citing the risks … Business • 17 Aug
US retail sales increase more than expected in July US retail sales increased more than expected in July as Americans boosted online purchases and dined out more, suggesting the economy continued to expand early … Business • 15 Aug
US annual inflation slows, consumer spending solid US annual inflation slowed considerably in June, likely pushing the Federal Reserve closer to ending its fastest interest rate hiking cycle since the 1980s. Business • 28 Jul
US economy posts surprise 2.4% growth in second quarter The US economy defied expectations to see growth pick up in the second quarter, according to government data released today, boosted by some forms of … Business • 27 Jul
ECB set to raise rates by 25 basis points in July The European Central Bank will raise interest rates by 25 basis points on July 27, according to all economists in a Reuters poll, a slight … Business • 20 Jul
More tightening to come, say top central bank chiefs Leaders of the world's top central banks reaffirmed that they think further policy tightening will be needed to tame stubbornly high inflation but still believe … Business • 29 Jun
US Fed votes to hold interest rates steady The US Federal Reserve has vote to pause its aggressive campaign of interest rate hikes despite "elevated" inflation, while indicating that another sharp increase could … Business • 14 Jun
US consumer prices increase solidly in April US consumer prices increased in April on higher fuel costs and rents, while underlying inflation remained strong as used motor vehicle prices rebounded, potentially ensuring … Business • 10 May
UK interest rates could rise to 4.5% this week The Bank of England is not ready to stop raising interest rates as soaring food prices has kept UK inflation elevated, economists have said. Business • 08 May
PacWest, Western Alliance hit amid US banking concerns Shares of US bank PacWest Bancorp slid further in premarket trade today, dragging other regional lenders down. Business • 04 May
