U.S. World Business Lifestyle
Today: May 08, 2026
Today: May 08, 2026

interest rates

Business|Economy|Finance|World

Canada's annual CPI rises to 2.4% as Iran war drives up gasoline costs

Canada's annual inflation rate rose to 2.4% in March, with prices jumping 0.9% on the month, as higher crude oil costs drove up gasoline prices, data

Canada's annual CPI rises to 2.4% as Iran war drives up gasoline costs
Business|Economy|Finance

Here’s what Trump’s Fed pick could have in store for the world’s most powerful central bank

Here’s what Trump’s Fed pick could have in store for the world’s most powerful central bank

Here’s what Trump’s Fed pick could have in store for the world’s most powerful central bank
Business|Economy|Finance|World

Bank Indonesia to hold rates at 4.75% through 2026 as Iran war fuels inflation risks: Reuters poll

Bank Indonesia (BI) is set to keep its key policy rate unchanged on Wednesday, according to all 31 economists polled by Reuters, with many paring bets

Bank Indonesia to hold rates at 4.75% through 2026 as Iran war fuels inflation risks: Reuters poll
Business|Economy|Finance|Stock Markets|World

BoC governor says not concerned about short-term spike in inflation expectations

Bank of Canada Governor Tiff Macklem said on Friday inflation will rise in the short term and that an uptick in

BoC governor says not concerned about short-term spike in inflation expectations
Business|Economy|Finance|Stock Markets|World

China expected to keep benchmark lending rates steady after strong GDP data

China is expected to leave benchmark lending rates unchanged for an 11th consecutive month in April, a Reuters survey showed, as robust first-quarter growth and a pick-

China expected to keep benchmark lending rates steady after strong GDP data
Business|Economy|Finance|Stock Markets|World

Final size of interest rate calibration in Brazil is open, official says

Brazil's central bank is cautious amid uncertainties over the potential duration and consequences of the U.S.-Israeli conflict with Iran, and the final size of its interest rate

Final size of interest rate calibration in Brazil is open, official says
Business|Economy|Finance|Stock Markets|World

Markets in Q1: Everything everywhere all at once

The start to the year has have left investors with a serious case of whiplash with the eruption of war in Iran triggering a record jump in oil prices, major

Markets in Q1: Everything everywhere all at once
Business|Economy|Europe|Finance|World

Euro zone economy may already be on ECB's 'adverse' path, policymaker warns

The euro zone economy may already be on the "adverse" path outlined by the European Central Bank and inflation could become entrenched quicker than in

Euro zone economy may already be on ECB's 'adverse' path, policymaker warns
Business|Economy|World

Fed's Barkin: Households, firms still see oil shock through a "short-term lens"

Businesses continue to act as if high oil prices will prove only a short-term disruption, with little evidence yet it has caused consumers to pull

Fed's Barkin: Households, firms still see oil shock through a "short-term lens"
Business|Economy|Finance|Stock Markets|World

UK firms report biggest jump in price expectations in nearly two years, BoE survey shows

British companies expect to raise prices more quickly in the coming 12 months as they respond to a surge in energy prices due to the Iran war, cut jobs and

UK firms report biggest jump in price expectations in nearly two years, BoE survey shows
Business|Economy|Environment|Finance|World

Fed's Logan says US oil producers unlikely to provide near-term relief for consumers

By Michael S.

Fed's Logan says US oil producers unlikely to provide near-term relief for consumers
Business|Economy|Finance|Stock Markets|World

US jobs report for March is stronger than expected, likely keeping Fed on sidelines

U.S. nonfarm payrolls expanded more than Wall Street anticipated last month and the jobless rate fell to 4.3%, bolstering expectations that the Federal Reserve will hold

US jobs report for March is stronger than expected, likely keeping Fed on sidelines
Business|Economy|Finance|Stock Markets|World

India seen holding rates as 'Goldilocks' phase gives way to stress

India’s central bank is expected to keep interest rates on hold on Wednesday as policymakers assess the fallout from the war in Iran, which threatens the

India seen holding rates as 'Goldilocks' phase gives way to stress
Business|Economy|Finance|Stock Markets|World

IMF says Bank of Japan can see through inflationary shock from Iran war

The Bank of Japan can see through inflationary pressures from the war in the Middle East as any second-round effects on broader prices will be limited,

IMF says Bank of Japan can see through inflationary shock from Iran war
Business|Economy|Europe|Finance|World

ECB must be patient, even if adverse scenario may be materialising: policymaker

The euro zone economy may be moving towards the European Central Bank's adverse scenario but policymakers need to remain patient and not rush any

ECB must be patient, even if adverse scenario may be materialising: policymaker
Economy|Europe|World

ECB may not have rate-hike evidence by April 30 meeting, policymaker says

The European Central Bank may not have all the data this month to determine if interest rates will have to be raised to tame an inflation surge and the June meeting

ECB may not have rate-hike evidence by April 30 meeting, policymaker says
Business|Economy|Finance|Stock Markets|World

JPMorgan's Dimon warns Iran war may drive inflation and interest rates higher

JPMorgan Chase CEO Jamie Dimon warned on Monday that the war in Iran risks oil and commodity price shocks that could keep inflation sticky and push

JPMorgan's Dimon warns Iran war may drive inflation and interest rates higher
Business|Crime|Economy|Political|World

Trump threatens to fire Powell if he doesn't quit Fed board; ongoing probe clouds Warsh confirmation

President Donald Trump on Wednesday threatened to fire Federal Reserve Chair Jerome Powell from his separate seat on the U.S. central bank's Board

Trump threatens to fire Powell if he doesn't quit Fed board; ongoing probe clouds Warsh confirmation
Business|Economy|Political|Stock Markets|World

Wall Street closes mixed, with signs of progress as Trump's Iran deadline draws near

U.S. stocks ended mixed on Tuesday amid signs of progress in negotiations as the minutes ticked down to President Donald Trump's

Wall Street closes mixed, with signs of progress as Trump's Iran deadline draws near
Business|Economy|Finance|World

Central banks' concern over rising geopolitical tensions surges, survey shows

Concerns among central banks about geopolitical tensions have surged dramatically this year and are now viewed as the top global risk, according to a new

Central banks' concern over rising geopolitical tensions surges, survey shows
Business|Economy|Finance|World

New Zealand holds rates, warns of 'decisive' move if Iran war fuels inflation

New Zealand's central bank kept its policy rate at 2.25% on Wednesday for a second meeting, buying time to assess the fallout from the

New Zealand holds rates, warns of 'decisive' move if Iran war fuels inflation
Business|Economy|Finance|World

Fed minutes of March meeting could flesh out how policymakers view war risks to economy

U.S.

Fed minutes of March meeting could flesh out how policymakers view war risks to economy
Business|Economy|Finance|World

US mortgage rates edge down to 6.51%, MBA says

The interest rate on the most popular U.S. home loan ticked down last week for the first time since the start of the Iran war, but not enough to rejuvenate a housing market that's

US mortgage rates edge down to 6.51%, MBA says
Business|Economy|Finance|Stock Markets|US|World

US import prices increase below expectations; sharp rise anticipated due to Iran war

U.S. import prices increased less than expected in March, though the trend still pointed to firming imported inflationary pressures as the Middle

US import prices increase below expectations; sharp rise anticipated due to Iran war
Business|Economy|Finance|Stock Markets|World

Israel inflation eases to 1.9% but unlikely to entice rate cut amid Iran conflict

Israel's annual inflation rate moved back below 2% in March but the decline will likely have little impact on near-term interest rate decisions due to

Israel inflation eases to 1.9% but unlikely to entice rate cut amid Iran conflict
Business|Economy|Environment|Finance|MidEast|Political|Stock Markets|US|World

IMF cautions countries against broad fuel subsidies to deal with war-driven energy shock

The war in the Middle East has intensified strains on an already fragile global fiscal situation, with higher interest rates and rising energy prices

IMF cautions countries against broad fuel subsidies to deal with war-driven energy shock
Business|Economy|Finance|Political|Stock Markets

Prosecutors sought access to Federal Reserve building as Trump threatens to fire Powell

Federal prosecutors made an unannounced visit this week to a construction site at Federal Reserve headquarters that is the focus of an investigation into a $2.5 billion renovation project, according to two people familiar with the visit

Prosecutors sought access to Federal Reserve building as Trump threatens to fire Powell
Business|Economy|Finance|World

US PCE inflation picks up in February; consumer spending solid

U.S. inflation increased as expected in February and likely rose further in March amid the war with Iran, a trend that is expected to discourage the Federal Reserve

US PCE inflation picks up in February; consumer spending solid
Business|Economy|Finance|Stock Markets|World

South Korea holds rates steady as Iran war fans inflation, growth risks

South Korea's central bank kept its policy interest rate steady on Friday and warned of a highly uncertain path ahead as a broadening conflict

South Korea holds rates steady as Iran war fans inflation, growth risks
Business|Economy|Finance|World

US consumer inflation expected to have surged in March amid Iran war

U.S. consumer prices likely recorded their biggest increase in nearly four years in March as the war with Iran boosted oil prices and the pass-

US consumer inflation expected to have surged in March amid Iran war
Business|Economy|Finance|Stock Markets|US|World

US labor market holds steady; inflation firmer before Iran war

New applications for U.S. unemployment benefits increased moderately last week, showing no signs of labor market deterioration and potentially giving

US labor market holds steady; inflation firmer before Iran war
Business|Economy|Finance|World

Fed will need to explain why current inflation jump differs from 2022 surge

When surging U.S. inflation peaked in June of 2022, driven by rising prices for energy but also for food, shelter, vehicles, and a host of other

Fed will need to explain why current inflation jump differs from 2022 surge
Economy|World

US consumer inflation hot in March amid record surge in gasoline prices

U.S. consumer prices increased by the most in nearly four years in March as the war with Iran led to a record surge in the cost of gasoline and

US consumer inflation hot in March amid record surge in gasoline prices
Asia|Business|Economy|Finance|Stock Markets|World

BOJ policy to boost yen could be an option to curb inflation, Japanese minister says

Bank of Japan monetary policy could be an option to tame rising prices by boosting the yen, Japan's trade minister said on Sunday, as the central bank weighs raising

BOJ policy to boost yen could be an option to curb inflation, Japanese minister says
Business|Economy|Finance|Stock Markets|US

NY Fed says paper loss on bond holdings shrank last year

By Michael S.

NY Fed says paper loss on bond holdings shrank last year
Business|Economy|Finance|Stock Markets|World

Seeking shelter from war and stagflation? Take a look at China's bond market

Investors are scooping up Chinese debt, which has stood tall in sliding bond markets globally, betting that China's low

Seeking shelter from war and stagflation? Take a look at China's bond market
Australia|Business|Economy|Finance|World

RBA's Hauser not sure interest rates are at the right level to tame inflation

A top Australian central banker said on Monday he was not confident that interest rates were at the right level to tame inflation, but policymakers would now also need to monitor

RBA's Hauser not sure interest rates are at the right level to tame inflation
Business|Economy|Finance|Stock Markets|US|World

Wells Fargo misses expectations on interest income, revenue; shares fall

Wells Fargo warned rising energy prices will likely affect the U.S. economy, after the bank reported first-quarter interest income and

Wells Fargo misses expectations on interest income, revenue; shares fall
Business|Economy|Finance|Stock Markets|World

Higher oil prices, higher yields, no more rate cuts? No problem for US stocks

The U.S. stock market has now nudged above where it was when the Iran war began over six weeks ago, which investors say is a reflection of bets that

Higher oil prices, higher yields, no more rate cuts? No problem for US stocks
Business|Economy|World

US wholesale prices surged 4% last month after the war in Iran sent energy prices flying

U.S. wholesale prices surged last month as the Iran war drove up the cost of energy

US wholesale prices surged 4% last month after the war in Iran sent energy prices flying
Business|Economy|Political|World

More Federal Reserve officials see possible rate hikes this year, minutes show

More Federal Reserve policymakers were willing to consider an interest rate hike this year at their March meeting than in January, as higher gas prices stemming from the Iran war threatened to worsen inflation in the coming months

More Federal Reserve officials see possible rate hikes this year, minutes show
Business|Economy|Finance|Political|Stock Markets|US|World

Jamie Dimon warns that the Iran war could bring an economic ‘skunk’ to the party

Jamie Dimon warns that the Iran war could bring an economic ‘skunk’ to the party

Jamie Dimon warns that the Iran war could bring an economic ‘skunk’ to the party
Asia|Business|Economy|World

Business sentiments in Japan improving despite Iran worries

A quarterly survey by the Bank of Japan shows business sentiment among major Japanese manufacturers improved slightly

Business sentiments in Japan improving despite Iran worries
Business|Economy|Finance|Stock Markets|World

The war in Iran has shaken up financial markets. See the impact of the conflict, in five charts

After meandering for a couple of months, financial markets endured numerous frenzied swings during March as the war in Iran raged

The war in Iran has shaken up financial markets. See the impact of the conflict, in five charts
Business|Economy|Environment|Finance|Stock Markets|World

Oil jumps to $100 per barrel and stocks sink worldwide with no clear end in sight for the Iran war

Worries about the war with Iran sent oil prices back to $100 per barrel and stocks sinking worldwide

Oil jumps to $100 per barrel and stocks sink worldwide with no clear end in sight for the Iran war
Economy|Political|World

Mortgage rates climb to 6.11% as Iran war roils markets

Mortgage rates climb to 6.11% as Iran war roils markets

Mortgage rates climb to 6.11% as Iran war roils markets
Economy|World

Inflation held steady last month, but that was before the attack on Iran sent energy costs soaring

Inflation stayed stubbornly elevated last month as gas prices rose in a snapshot of what consumer prices looked like before the U.S.-Israeli attack on Iran sent energy costs soaring

Inflation held steady last month, but that was before the attack on Iran sent energy costs soaring
Business|Economy|Finance|Stock Markets|World

Dow suffers worst week since April as oil hits $90 and weak jobs data adds to market anxiety

Dow suffers worst week since April as oil hits $90 and weak jobs data adds to market anxiety

Dow suffers worst week since April as oil hits $90 and weak jobs data adds to market anxiety
Business|Economy|Finance|World

The US lost a surprising 92,000 jobs last month as the unemployment rate ticked up to 4.4%

American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain

The US lost a surprising 92,000 jobs last month as the unemployment rate ticked up to 4.4%
Economy

Average US long-term mortgage rate dips to 6.01%, lowest level in more than 3 years

The average long-term U.S. mortgage rate slipped this week to its lowest level in more than three years, but remains around 6% in the same narrow range it has been in this year

Average US long-term mortgage rate dips to 6.01%, lowest level in more than 3 years
Economy|Europe|Finance|Political|Stock Markets|World

UK interest rate cut expected in March after inflation drop

Inflation in the U.K. has fallen to a 10-month low largely on the back of lower food and gas prices

UK interest rate cut expected in March after inflation drop
Business|Economy|US|World

Surge of 130,000 US hires last month is a stark contrast to the weak hiring of 2025

U.S. employers added a surprisingly strong 130,000 jobs last month, but government revisions cut 2024-2025 U.S. payrolls by hundreds of thousands

Surge of 130,000 US hires last month is a stark contrast to the weak hiring of 2025
Australia|Business|Economy|World

Australia's central bank raises interest rate to 3.85% after 3 cuts

Australia’s central bank has lifted its benchmark interest rate by a quarter percentage point to 3.85%, after three rate cuts last year and as inflation surges

Australia's central bank raises interest rate to 3.85% after 3 cuts
Business|Economy|Finance|Stock Markets|US

US producer prices rose 0.5% in December, more than expected, on uptick in services inflation

U.S. wholesale prices rose a hotter-than-expected 0.5% in December

US producer prices rose 0.5% in December, more than expected, on uptick in services inflation
Asia|Business|Economy|Finance|Stock Markets|World

After a day of sharp swings, Wall Street ends nearly where it began

A day of dramatic swings on Wall Street, including Microsoft's worst drop in nearly six years, finished with only relatively modest moves

After a day of sharp swings, Wall Street ends nearly where it began
Business|Economy|Finance|Technology

Bilt's new credit cards will feature 10% interest rate, meeting bipartisan call for lower card rates

Bilt has announced an overhaul of its credit cards, introducing an 10% introductory interest rate for one year

Bilt's new credit cards will feature 10% interest rate, meeting bipartisan call for lower card rates
Business|Economy|Finance|Stock Markets|Technology|World

Wall Street pulls back from its records as JPMorgan Chase and Delta kick off earnings season

Wall Street pulled back from its records following a mixed start to the latest profit reporting season for big U.S. companies

Wall Street pulls back from its records as JPMorgan Chase and Delta kick off earnings season
Business|Economy|Finance|US

Inflation cooled slightly in December though it remains above Fed's target

Inflation declined a bit last month as prices for gas and used cars fell, a sign that cost pressures are slowly easing

Inflation cooled slightly in December though it remains above Fed's target
Business|Economy|World

Sluggish hiring closes out a frustrating year for job seekers though unemployment slips to 4.4%

Sluggish hiring last month closed out a year of weak employment gains that have frustrated job seekers even as layoffs and unemployment have also been low

Sluggish hiring closes out a frustrating year for job seekers though unemployment slips to 4.4%
Business|Economy|Finance|Stock Markets|World

Wall Street falls in light trading on the final day of 2025, another banner year for markets

Wall Street fell on the final day of trading for 2025, a banner year for markets that was driven by both optimism and uncertainty

Wall Street falls in light trading on the final day of 2025, another banner year for markets
Business|Economy|Finance|Stock Markets|World

Asian shares follow Wall Street lower in final stretch of 2025

Shares are mostly lower in Asia and U.S. futures are flat after stocks slipped on Wall Street

Asian shares follow Wall Street lower in final stretch of 2025
Business|Economy|Finance|Stock Markets|World

Stocks close slightly lower in quiet post-Christmas trading

Stocks closed slightly lower as investors returned from the Christmas holiday

Stocks close slightly lower in quiet post-Christmas trading
Business|Economy|Finance|US|World

Average US long-term mortgage rate ticks down to 6.18% this week

The average rate on a 30-year U.S. mortgage ticked down modestly this week, remaining in the same narrow range of the past two months

Average US long-term mortgage rate ticks down to 6.18% this week
Business|Economy|Finance|Stock Markets|World

S&P 500 closes at another record, beating the high it set earlier this month

Wall Street closed at another record following a surprisingly strong report on economic growth over the summer

S&P 500 closes at another record, beating the high it set earlier this month
Business|Economy|Finance|Stock Markets|Technology|World

Wall Street rises after an encouraging inflation update, as Micron helps AI stocks stop their slide

U.S. stocks rose following an encouraging report on inflation that could help the Federal Reserve keep cutting interest rates next year

Wall Street rises after an encouraging inflation update, as Micron helps AI stocks stop their slide
Business|Economy|Finance|Stock Markets|World

More drops for AI stocks drag Wall Street to its worst day in nearly a month

More drops for AI stocks dragged the U.S. market to its worst day in nearly a month

More drops for AI stocks drag Wall Street to its worst day in nearly a month
Business|Economy|Finance|Stock Markets|World

Wall Street slips as oil prices keep dropping

The U.S. stock market drifted through a mixed day of trading after reports on the economy did little to clear uncertainty about where interest rates may be heading

Wall Street slips as oil prices keep dropping
Business|Economy|Finance|Stock Markets|US|World

Average US long-term mortgage rate ticks up to 6.22%, but remains close to its low for the year

The average rate on a 30-year U.S. mortgage edged higher this week, though it remains relatively near its low point so far this year

Average US long-term mortgage rate ticks up to 6.22%, but remains close to its low for the year
Economy

Wall Street rises to the edge of its all-time high

The U.S. stock market rose to the edge of its all-time high

Wall Street rises to the edge of its all-time high
Business|Economy|Finance|Stock Markets|US

Indexes close higher as data keeps Fed rate cut expectations elevated

U.S. stocks advanced to close higher on Wednesday, as a flurry of economic data kept expectations elevated for an interest rate cut by the Federal

Indexes close higher as data keeps Fed rate cut expectations elevated
Business|Economy|Finance|Political|US|World

Lower interest rates would likely eliminate the need for 50-year mortgage, US Treasury adviser says

Lower interest rates would likely eliminate the need for a 50-year mortgage floated by President Donald Trump to boost housing

Lower interest rates would likely eliminate the need for 50-year mortgage, US Treasury adviser says
Business|Economy|World

SNB expected to avoid negative rates despite inflation downturn

The Swiss National Bank will stick to its 0% interest policy next week and well into 2026 rather than opting for negative rates, economists said on Wednesday,

SNB expected to avoid negative rates despite inflation downturn
Business|Economy|World

China likely to chase 5% GDP growth in 2026 in bid to end deflation

China is likely to stick to its current annual economic growth target of around 5% next year, government advisers and analysts said, a goal that would require authorities to

China likely to chase 5% GDP growth in 2026 in bid to end deflation
Business|Economy|Finance|World

Toronto home sales hit five-month low in November

Greater Toronto Area home sales fell to a five-month low in November and prices declined as an uncertain economic outlook kept homebuyers on the sidelines,

Toronto home sales hit five-month low in November