Japan hikes interest rate to highest level since 1995 as inflation bites
It comes as new PM Sanae Takaichi is keen for inflation to fall but also needs low government borrowing costs.
It comes as new PM Sanae Takaichi is keen for inflation to fall but also needs low government borrowing costs.
Thursday saw the release of a much lighter-than-expected inflation report for November, and economists are already questioning its significance.
The Bank of England voted to cut interest rates from 4% to 3.75% in its last monetary policy move of 2025.
November's CPI report is expected to show the annual inflation rate at 3.1%, according to economists polled by Dow Jones.

In a system dominated by Keynesian economics the word “deflation” is considered taboo; like saying D

Historically, the chemical industry has proven to be an excellent early indicator of severe economic
There are indications that policymakers will be more inclined to cut further if the labor market stays weak.
There are indications that policymakers will be more inclined to cut further if the labor market stays weak.
Special quarter-dollar coin designs for the U.S.' 250th birthday feature pilgrims and former presidents rather than previously floated civil rights themes.
The White House is rolling out its gold card visa.
In a letter set to be released Thursday, Bessent will recommend changing the approach of the Financial Stability Oversight Council.
India, which is an emerging AI and cloud infrastructure hub, has witnessed a surge of global tech investment recently.
The price of the precious metal has topped $60 an ounce for the first time ever.
The delayed core personal consumption expenditures price index for September was expected to show a 2.9% annual increase.

The consequences for us all end in a crisis of reality.The errors of economic and monetary managemen

The consequences for us all end in a crisis of reality.The errors of economic and monetary managemen
The firm said layoff plans totaled 71,321 in November, a step down from October but still enough to bring the 2025 total up to 1.17 million.

The United States is on the brink of an industrial transformation that could redefine its economic t

The United States is on the brink of an industrial transformation that could redefine its economic t
The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.