Philippine inflation quickened in September but stayed below the central bank’s target range, giving monetary authorities space to reduce the benchmark interest rate further this year https://t.co/GXIRlFgu0G ...

Pakistan’s central bank governor sees inflation holding steady, although further interest-rate cuts will depend on the impact of the recent devastating floods and the outcome of an ongoing International Monetary Fund review. https://t.co/kXBTXc9nX1 ...

Gold clinched a fresh record — pushing closer to $4,000 an ounce — as the US government shutdown added another layer of uncertainty over the Fed's interest-rate path before a gathering of policymakers later this month https://t.co/5i905iYu8g ...

New Zealand businesses were less optimistic in the third quarter, raising the risk of another recession and deeper interest-rate cuts from the central bank https://t.co/dKyS9DQ0YP ...

BREAKING: 🇺🇸 FED GOVERNOR STEPHEN MIRAN DEMANDS AGGRESSIVE INTEREST RATE CUTS OF UP TO 50 BPS. https://t.co/IkyK78FjE9 ...

September's jobs report. We don't have one thanks to the government shutdown. So, with the data blackout, Wall Street is looking elsewhere for clues, especially as the Fed debates its next interest rate decision later this month.Here are three signs labor market is cooling, even without that official jobs report. Number one, jolts, aka the job openings and labor turnover survey. Job openings are holding steady, but hiring is slowing and fewer people are quitting.That tells us workers feel less confident and ...

Well, the S&P and NASDAQ pulling back after hitting fresh record highs at the open. Joining us with his outlook, PNC asset management, chief investment strategist, Young Ma, thank you so much for joining us. I mean, there's so much to talk about here, but I guess we really should start with the news of the day being, of course, this government shutdown moving into day two.And if you look back at history and the four or so shutdowns that lasted more than a day in the last 30 years, most of them had a muted e ...

Egypt made its fourth interest-rate cut of the year, taking advantage of a stronger currency and inflation that’s at its lowest since 2022 https://t.co/JfH1kvZGfk ...

That marks a stagnation or even reversal of private job growth, the latest sign of a labor market slowdown through 2025. Traders increased bets on two more interest rate cuts from the Federal Reserve this year. ...

Yeah, the refi boom we saw just a few weeks ago just went bust thanks to higher mortgage rates. The average rate on the 30-year fix for conforming loans increased last week to 6.46% from 6.34%. That's for loans with 20% down according to the Mortgage Bankers Association.Now, as a result, applications to refinance a home loan dropped 21% last week from the previous week. They had surged much higher just a few weeks ago when rates dropped to that three-year low just before the Fed cut its rate. This drop in r ...