U.S. Treasury yields fell Friday after July data showed the economy unexpectedly lost 23,000 jobs, raising labor market concerns and dimming expectations for a near-term Federal Reserve interest rate hike.
Australia's property market downturn feels distinct due to investor tax changes and interest rate hikes, with capital city prices projected to drop 7.8% before leveling out.
President Trump has shifted his approach to the Federal Reserve, now frequently communicating with Chairman Kevin Warsh, unlike his contentious relationship with predecessor Jerome Powell. While this engagement may seem beneficial, it poses risks to the Fed's independence, crucial for protecting against political pressure that could lead to reckless economic decisions.
Hong Kong police arrested 25 people, including 13-year-olds, linked to a triad loan shark syndicate charging up to 282 per cent annual interest and laundering millions through personal accounts.
Federal Reserve Governor Lisa Cook stated she is prepared to support higher interest rates if US inflation fails to decrease, citing risks of entrenched inflation.
Nasdaq-listed Bitcoin miner PowerCompute consolidated $18 million in debt under a new Bitcoin-backed credit facility with Arch Lending, pledging 307 BTC as collateral to replace previous loans.
Mortgage demand dropped 2.9% last week as 30-year fixed rates rose to 6.81%, the highest level in over a year, according to the Mortgage Bankers Association.
Financial experts advise investing in fixed deposits based on personal financial goals and cash flow rather than timing interest rates, as RBI keeps repo rate unchanged.
Minneapolis Fed President Neel Kashkari stated that higher interest rates are needed now to lower inflation and avoid drastic increases later, advocating for a gradual approach possibly starting in September.
Campaigners are demanding a windfall tax on UK banks, estimated to raise £19bn, following HSBC's $10.1bn second-quarter profits. The funds could support cost of living initiatives, while banks face scrutiny over profit distribution and lending.
The Reserve Bank of India (RBI) has revised rules for bank deposits, granting banks flexibility in setting interest rates for bulk deposits of ₹3 crore and above. New disclosure requirements mandate daily publication of these rates on bank websites by 10 AM, effective October 1, 2026.
Indian stock market anticipates a pivotal week driven by the Reserve Bank of India's interest rate decision, ongoing US-Iran conflict impacting crude oil, and Q1 FY27 corporate earnings. Domestic macros and foreign investor activity also remain key factors.
President Trump's public push for lower interest rates has been countered by rising borrowing costs, driven by the Iran war, tariffs, and AI data center financing. Despite his claims of a booming economy, inflation and debt service costs are increasing, posing challenges for Republicans ahead of November elections.
Federal Reserve Chairman Kevin Warsh's recent comments were widely seen as dovish on inflation, leading to market shifts. However, a closer look at his prepared remarks suggests he may be more inclined to act on inflation and raise rates than investors currently believe, potentially causing market volatility.
The US Federal Reserve's FOMC maintained interest rates with a 9-3 vote, marking the first time in a decade three members dissented, preferring a quarter-point hike. Fed Chair Kevin Warsh emphasized focusing on overall trends and fostering internal debate, while inflation and geopolitical events continue to influence policy.
The US economy grew by 1.5% in Q2 2026, a slowdown from Q1, as rising imports offset consumer spending. Inflation, measured by the PCE price index, eased slightly to 3.7% but remains above the Fed's 2% target. The Federal Reserve kept interest rates unchanged, though some officials dissented, citing persistent high inflation exacerbated by the Middle East war.
US government borrowing costs reached 2007 levels after the Federal Reserve held interest rates steady, fueling investor fears about inflation and the economy's ability to absorb rising prices, with 30-year Treasury yields hitting a 19-year high and stocks falling sharply.
UK house price growth slowed to 0.1% in July, with annual growth at 1.8%, as economic uncertainty, high interest rates, and geopolitical tensions from the Iran war dampened buyer demand. The average home price edged up slightly to £277,542, according to Nationwide.
The Bank of England's MPC maintained the UK interest rate at 3.75%, warning that an escalation of the Iran war could drive inflation above 4% by 2027, intensifying cost of living pressures. Governor Andrew Bailey dismissed immediate rate hike expectations, despite three MPC members dissenting for an immediate rise to 4%.
Japan's central bank maintains 1.0% interest rate, aligns with market expectations. Yen surges 3.5% after reported intervention, with South Korea joining. BoJ warns of CPI inflation exceeding 2% in 2026's second half.
The Federal Reserve kept interest rates unchanged, prompting market relief. Upcoming earnings from Meta, Microsoft, and Amazon will shed light on AI infrastructure spending, potentially impacting semiconductor and broader markets.
The Federal Reserve maintained interest rates between 3.50% and 3.75% despite three dissenting votes, heightening scrutiny on Chairman Kevin Warsh's strategy to reduce inflation to the 2% target.
The Federal Reserve maintained its benchmark interest rate between 3.5% and 3.75% but signaled potential future hikes if inflation persists above the 2% goal, citing elevated prices despite recent moderations in oil and gas costs.
The US Federal Reserve held its benchmark interest rate steady at 3.5-3.75% amid economic uncertainty, including concerns over the Iran war, despite President Trump's calls for lower rates.
