Currency & Economic News
Inflation, interest rate decisions, currency moves, and sovereign debt — filtered for what affects the value of your money.
France unveils cost-cutting budget amid protests
The French government is seeking €54 billion in savings in its 2027 budget proposal, as it faces pressure over its ballooning public debt. But it's likely to fa
Japanese Government Bonds Held by the Bank of Japan
Lorry training firm 'riding out' record diesel price
Fuel prices have been steadily rising since the US-Israel war with Iran began in February.
Iran urges Iraq to lift flight ban amid US sanctions
Iran calls on Iraq to remove flight curbs after US sanctions, in a move that has strained bilateral ties.
Philippines’ jeepney drivers ‘stuck between a rock and a hard place’ despite fare increase
Reggie Manlapig, 46, has been driving jeepneys for nearly 25 years and has weathered rising fuel prices – but with costs spiking amid the global energy crunch,
Could Northern Metropolis draw educational leasing from Hong Kong’s Grade A office sector?
As education sector demand supports Hong Kong’s Grade A office leasing activity, analysts said infrastructure that will serve the Northern Metropolis could deci
Average Contract Interest Rates on Loans and Discounts (Aug.)
US Sanctions A7, a Russia Firm That Helps Sidestep Economic Restrictions
The move followed reports detailing how A7, a Moscow firm, uses shell companies around the world to move funds for clients who are themselves subject to sanctio
The wealthy Cuban Americans ready and waiting for Havana to fall
Cuban exiles in Florida are increasingly hopeful that regime change in Cuba is now on the horizon.
U.S. Bond Yields Hit Highest Level Since 2002
The higher yields, which are pressuring consumer and corporate borrowers and increasingly weighing on certain corners of the stock market, are unlikely to dissi
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson said Thursday that while he supported last month’s interest-rate increase, he saw no urgency for the US central bank
Iran seeks sanctions relief for nuclear inspections
PM warned Rosebank oil field could breach West Bank sanctions
Campaigners and Green Party leader Zack Polanski raise concerns about Rosebank's ties to an Israeli firm.
As Mortgage Rates Hit Highest Level Since 2023, Buyers Look at ARMs
The average 30-year, fixed-rate home loan rose to 7.28 percent, up from 6.34 percent a year ago. More buyers are now turning to adjustable-rate mortgages.
US borrowing costs hit 24-year high as global bond sell-off intensifies
<p>Fears that US deficit is unsustainable also drive UK 30-year bond yields briefly above 6% for first time since 1998</p><ul><li><p><a href="https://www.thegua
US sanctions Iran’s major automakers, rail firms
'We must keep going' says charity hit by fuel prices
Both petrol and diesel prices have risen by a third or more in just the past seven months.
EU retools Trump trade war tripwire into China shipments surge alarm
In April last year, Brussels launched an obscure “import surveillance task force” to track the impact of US President Donald Trump’s trade war with China on the
UK house price growth halves amid rising mortgage interest rates
<p>Prices fell by 0.2% month on month in September as average price of a home slipped to £274,251, says Nationwide</p><ul><li><p><a href="https://www.theguardia
Trump’s New Tariffs Get a Familiar Day in Court
For the third time in less than two years, the Trump administration returned to court on Wednesday to defend its power to wage a punishing global trade war.
Summary of Opinions at the Monetary Policy Meeting on September 17 and 18, 2026
Fed's Kashkari says inflation is 'still too high' even after softer-than-expected PCE data, labor market is 'pretty good'
Kashkari sat down with CNBC's Steve Liesman for an exclusive conversation Wednesday night.
While Surging to Records, Stocks Experience Some ‘Wobbles’
Beneath the S&P 500’s 2 percent gain in the third quarter, the rise in oil prices and bond yields led some investors to become more cautious about the outlook f
Federal Reserve watchdog finds no criminal violations for building renovation cost overruns
<p>Trump criticized $2.4bn rehab amid attempts to pressure then Fed chair Jerome Powell into lowering interest rates</p><p>An internal watchdog said the <a href
Isabel Schnabel: Monetary policy in a world of overlapping shocks
Good news in US inflation report boosts chances Fed won’t hike rates
<p>Traders see about a 35% chance of an October rate hike, down from about 45% following White House pressure</p><p>Good economic news boosted Wall Street’s ma
Fed’s Preferred Inflation Gauge Points to Continued Price Pressures
The Personal Consumption Expenditures price index showed little sign of easing in August, though revised data showed inflation had been slightly cooler than pre
Bracing for More Inflation Volatility
Consumers, business owners and investors are growing increasingly concerned about rising inflation, and its potential repercussions.
Quarterly Schedule of Outright Purchases of Japanese Government Bonds (Competitive Auction Method) (October-December 2026)
US ban on Canadian imports likely to weaken already fragile relationship
<p>It marks another ratcheting up of Trump’s trade war and affects nearly $1bn in imports of a $880bn trade relationship</p><p>US-<a href="https://www.theguardi