Federal Reserve Beige Book gives the greenlight to further rate cuts
Fed confirms it has seen little sign of improvement The Federal Reserve isn’t directly impacted by the government shutdown, and…
Most U.S. consumers expect higher holiday prices and a weaker economy, survey finds
As the peak holiday shopping season approaches, most U.S. consumers have a downbeat outlook on the economy, according to an…
G7 agrees to keep united front on China export controls, diversify suppliers
Group of Seven finance ministers agreed to keep a united front and coordinate their short-term response to China’s export controls…
Fed’s Waller favors 25-basis-point rate cut in October amid job market worries
Federal Reserve Governor Christopher Waller said on Thursday he’s on board with another interest rate cut at the U.S. central…
China says US restrictive measures undermine trade talk atmosphere
China’s commerce minister, Wang Wentao, said “intensive U.S. restrictive measures” rolled out after talks in Madrid in September seriously harmed…
UK economy returns to growth, but only just, as Reeves plans budget
Britain’s economy returned to growth in August when it expanded by a marginal 0.1% from July, official data showed on…
US-China tensions pose potentially material risk to growth outlook, Fed’s Miran says
Renewed U.S.-China trade tensions pose a “material” downside risk to the economic outlook, making it more important that the U.S.…
Shutdown could cost US economy $15 billion a week, Treasury says
The two-week-old federal government shutdown may cost the U.S. economy as much as $15 billion a week in lost output,…
Fed’s Miran says he is not focused on asset price boom in push for lower rates
Federal Reserve Governor Stephen Miran on Thursday said he was not concerned that easing monetary policy risks further inflating historically…
UK lenders expect demand for mortgage and consumer credit to flatten
British lenders expect to see unchanged demand for mortgages in the last three months of 2025, according to a Bank…