Fed Vice Chair Philip Jefferson warns the US central bank faces a softening labor market at the same time as inflation pressures increase https://t.co/nddnamFhxZ ...

Deposit account rates are on the decline — but the good news is you can lock in a competitive return on a certificate of deposit (CD) today and preserve your earning power. In fact, the best CDs still pay rates above 4%. Read on for a snapshot of CD rates today and where to find the best offers. Where are the best CD rates today? CDs today typically offer rates significantly higher than traditional savings accounts. Currently, the best short-term CDs (six to 12 months) generally offer rates around 4% to ...

Money market accounts (MMAs) can be a great place to store your cash if you're looking for a relatively high interest rate along with liquidity and flexibility. Unlike traditional savings accounts, MMAs typically offer better returns, and they may also provide check-writing privileges and debit card access. This makes these accounts ideal for holding long-term savings that you want to grow over time, but can still access when needed for certain purchases or bills. Find out which banks have the best MMA rat ...

CEO of DoubleLine Capital Jeffrey Gundlach says his firm is buying emerging market bonds, particularly those denominated in local currencies instead of the U.S. dollar. - Getty Images The so-called bond king says local currency emerging-markets bonds are the place to be. “We have an environment that is highly unusual,” DoubleLine CEO Jeffrey Gundlach told UBS in a podcast interview last week that was just released. The investor who was famously dubbed the bond king said that for the first time in the nea ...

Headline inflation and the trimmed mean measure both sat within the RBA’s 2–3% target range during the June quarter. On paper, that marks a significant achievement: consumer price inflation rose just 2.1% over the year to June 2025. Key categories such as Housing (+1.2%), Food and non-alcoholic beverages (+1.0%), and Health (+1.5%) were the main drivers of quarterly increases.However, the RBA has flagged concerns that the downward momentum is weakening. The monthly CPI indicator climbed 3.0% in the 12 month ...

The Reserve Bank of India’s interest rate decision on Wednesday will likely be a close call, with policymakers facing multiple reasons to lower borrowing costs as inflation stays low and economic growth takes a knock from high US tariffs.While a majority of economists — 24 of 39 surveyed by Bloomberg News — predict the repurchase rate will remain on hold at 5.5%, 15 expect a quarter-point reduction, citing India’s darkening growth prospects. Even many of those forecasting a hold say there’s justification to ...

French inflation picked up on an acceleration in the services sector and smaller declines in energy prices, though remained well below the ECB’s 2% target https://t.co/uQ8p20rHVx ...

British households put more away in savings in the second quarter, a sign of continued caution amid rising inflation https://t.co/F8eTM8nbs9 ...

While a majority of economists — 24 of 38 surveyed by Bloomberg News — predict the repurchase rate will remain on hold at 5.5%, 14 expect a quarter-point reduction, citing India’s darkening growth prospects. Even many of those forecasting a hold say there’s justification to ease.The six-member monetary policy committee, led by Governor Sanjay Malhotra, will need to juggle a number of competing objectives this week. Inflation, which is hovering near the lower end of the 2%–6% target band, is expected to eas ...

Core Viewpoint - The Reserve Bank of Australia (RBA) has maintained its benchmark policy rate at 3.6% amid rising inflation, which is currently at its highest level in over a year [1][2]. Economic Indicators - Australia's headline inflation rate for August was reported at 3%, the highest since July 2024, driven by increases in housing, food, and alcohol prices [2]. - The RBA noted that inflation in the September quarter may exceed previous expectations, indicating potential persistence in certain areas [2]. Monetary Policy Actions - The RBA has reduced rates by 75 basis points in 2025, following a period of stability at 4.35% since November 2023, as part of efforts to control inflation [3]. - The central bank's decision to hold rates reflects a focus on curbing inflation while acknowledging the uncertain economic outlook [3][4]. Economic Growth - Australia's GDP grew by 1.8% year-over-year, surpassing the 1.6% forecast by economists and improving from the previous quarter's 1.3% growth [5]. - On a quarter-over-quarter basis, GDP increased by 0.6%, exceeding the 0.5% expected growth [5]. - The growth was primarily driven by domestic spending, including household and government consumption [5].