Interest Rates Fed’s ‘higher for longer’ stance hits investment and sows uncertainty around the world Consumers are delaying big purchases while businesses are waiting for borrowing costs to fall
The Week Ahead The Week Ahead: Smurfit Kappa to hold EGM on WestRock deal; all eyes on US inflationYour guide to major events in the world of business coming up this week
Markets Markets Wrap: Wall Street drifts to mixed finish after the latest signal of a slowing economyTreasury yields also slid in the bond market after a report showed US manufacturing shrank in May for the 18th time in 19 months
GES24 Rate cuts will be ‘less than forecast’, warns chief economist at Sweden’s biggest bank The European Central Bank is widely expected to begin cutting rates next month but the pace of reductions may not be as fast as previously expected
Banking Explainer: What would a global split on interest rates mean for businesses?As the ECB and Bank of England mull cutting rates, Dominic McGrath explores the real risks overtaking the Fed could pose for firms
Stock Take Kathleen Gallagher: Interest rate divergence between Europe and the US could fuel fresh inflationWith Europe now heavily dependent on imports of US liquefied natural gas, a weaker euro could lead to fresh energy price inflation
Markets Stocks mixed in wake of Jerome Powell’s rates comments, as markets await Apple resultsEurope’s Stoxx 600 fell by 0.3 per cent, while the yen continued its slide against the dollar
Economy US federal reserve holds interest rates as inflation pressures remainThe US central bank said price pressures remain elevated in the US economy
Inflation Analysts split on British rate cut timing, even as inflation fallsUK inflation figures brought good news with price rises falling to 3.2 per cent in March, but some still think rate cuts will come later in the year
The Big Picture Vincent Boland: Fed’s hasty revision of interest rates is most dramatic shift in expectations in yearsDemand for interest cuts in election year likely to see economy take centre stage in UK and US races
UK Ex-Bank of England official warns against following Fed policy too closely ahead of crucial review Charlie Bean’s come ahead of the publication of Ben Bernanke, a former chair of the Federal Reserve’s, review into the bank’s forecasting model
Economics Explainer: What to expect from the Bank of England’s major forecasting reviewBen Bernanke’s review of the bank’s forecasting approach will be published on Friday following sustained criticism of the regulator’s officials
Interest Rates OECD warns Fed, ECB and major central banks not to halt fight on inflation too earlyThe OECD’s warning comes as the European Central Bank (ECB) and the Federal Reserve begin to shift away from aggressive tightening and signal their next moves will be to cut rates
Economy Bank of England to hold interest rates but cuts may be on wayRates expected to be kept at 5.25 per cent for the fourth time in a row
Markets Markets Wrap: European stocks fall back as traders dial back rate cut hopesInvestors reset their expectations of when the Federal Reserve will start cutting interest rates and assessed a deluge of corporate earnings
Economy US Federal Reserve sees interest rates staying higher for longerIn December central bankers voted unanimously to hold the benchmark lending rate steady in a range of 5.25 per cent to 5.5 per cent
Opinion Ian Guider: Investors bet on the roaring ‘20s starting next yearFinancial markets have wagered the house on a presumption that the risks and issues which made the last few years problematic will end
Markets European stocks rise after holiday; bonds advance: Markets WrapTechnology stocks were among the biggest gainers as Prosus NV rebounded from a slump
Markets S&P 500 trades within a whisker of all-time high: Markets WrapUS stocks kicked off the final week of 2023 with gains, extending a rally that put the market on the brink of a record
Markets Gold Pushes Higher on Expectations for Fed Rate Cuts Next YearBullion is trading near a record high, heading for its first annual increase in three years