Actualités financières en direct

Kevin M. Warsh, the Federal Reserve chairman, has emphasized the need to swiftly lower inflation, fueling expectations that the central bank might consider raising rates at its next meeting. Kevin M. Warsh, the Federal …

Kevin M. Warsh, the Federal Reserve chairman, has emphasized the need to swiftly lower inflation, fueling expectations that the central bank might consider raising rates at its next meeting. Kevin M. Warsh, the Federal Reserve chairman, has emphasized the need to swiftly lower inflation, fueling expectations that the central bank might consider raising rates at its next meeting. This st…

Minutes from the Federal Reserve's September policy meeting reflect unanimous agreement among officials that interest rates needed to be higher to combat persistent inflation. "Participants generally emphasized that inflation remained elevated while the labor …

Minutes from the Federal Reserve's September policy meeting reflect unanimous agreement among officials that interest rates needed to be higher to combat persistent inflation. "Participants generally emphasized that inflation remained elevated while the labor market appeared to be near full employment, with some signs of strengthening, and that economic activity was expanding at a solid pace. Furthermore, almost all participants assessed that, while inflation risks were tilted to the upside, risks to the labor market had diminished and were now broadly balanced," minutes from the Sept. 16 meeting released Wednesday stated. "Based on the outlook and the changing balance of risks, all participants viewed a higher target range for the federal funds rate as appropriate." The Fed voted unanimously on Sept. 16 to raise rates, the first hike in three years. And at the time, most Federal Open Market Committee members saw a need for at least one more 25 basis point rate hike this year. Markets were banking on a hike and expecting more to come. But economic data released in the past few weeks has changed the picture considerably. "Core" PCE, the Fed's preferred inflation measure, rose a relatively cool 3% in August, beating expectations for a rise of 3.3% and marking a drop from 3.3% in July. Meanwhile, September jobs numbers fell far short of economists' expectations, with a gain of just 29,000 jobs, while the unemployment rate edged up to 4.2% from 4.1%. Read more: How jobs, inflation, and the Fed are all related That less rosy jobs picture, combined with a more positive read on inflation, had analysts — and some Fed officials — throwing cold water on the notion of another rate hike this month. "This data won't shift the broader decision-making calculus for the Fed as inflation remains the supreme concern," Chris Hodge, chief economist for Natixis, previously told Yahoo Finance. "But with wages lower and the jobs picture a bit less rosy, it certainly decreases the urgency to hike in October (and perhaps December if inflation data cooperates)." Federal Reserve Board Chairman Kevin Warsh speaks during a news conference at the Federal Reserve in Washington, Wednesday, Sept. 16, 2026. (AP Photo/Mark Schiefelbein) · AP Photo/Mark Schiefelbein Even before the September job report, Fed Vice Chair Philip Jefferson and New York Fed president John Williams had already begun to temper expectations for a rate hike later this month. Both struck a more cautious tone than several of their colleagues, acknowledging that inflation has remained too high, but that the central bank should take time to assess whether it's on a downward path. Williams said that, after raising rates in September, he sees "no need for urgency" and that "we have time to gather more information."

According to the latest minutes from the US Federal Reserve, officials hint at a possible interest rate rise by year's end in response to ongoing inflation challenges. With inflation reaching a high of 7.2% …

According to the latest minutes from the US Federal Reserve, officials hint at a possible interest rate rise by year's end in response to ongoing inflation challenges. With inflation reaching a high of 7.2% in June 2022, fluctuations have continued amid worri… US Federal Reserve minutes released Wednesday show most policy-makers foresee another interest rate hike by year's end, as the central bank targets stubbornly high inflation.At a meeting in September…

Financial Stocks: Seeking Growth Beyond the Big Banks As we enter the fourth quarter, investors face an increasingly challenging mix of higher interest rates and geopolitical uncertainty. The Fed recently resumed rate hikes while …

Financial Stocks: Seeking Growth Beyond the Big Banks As we enter the fourth quarter, investors face an increasingly challenging mix of higher interest rates and geopolitical uncertainty. The Fed recently resumed rate hikes while the 10-Year Treasury yield ro… Financial Stocks: Seeking Growth Beyond the Big BanksAs we enter the fourth quarter, investors face an increasingly challenging mix of higher interest rates and geopolitical uncertainty. The Fed rece…

KEY TAKEAWAYS - The U.S. economy is "insulated" from higher interest rates, which could mean a resilient background as the stock market faces other struggles. - Earnings growth is expected to grow, but if …

KEY TAKEAWAYS - The U.S. economy is "insulated" from higher interest rates, which could mean a resilient background as the stock market faces other struggles. - Earnings growth is expected to grow, but if it stays sufficiently strong the stock market could co… KEY TAKEAWAYS- The U.S. economy is "insulated" from higher interest rates, which could mean a resilient background as the stock market faces other struggles.- Earnings growth is expected to grow, but…

Days after elections in which right-wing Brazilian candidates won a significant number of seats and as President Luiz Inácio Lula da Silva headed to a runoff with Sen. Flávio Bolsonaro, students on Wednesday marched …

Days after elections in which right-wing Brazilian candidates won a significant number of seats and as President Luiz Inácio Lula da Silva headed to a runoff with Sen. Flávio Bolsonaro, students on Wednesday marched through Rio de Janeiro in support of the progressive Lula—and expressed fear over the growing influence of the far right in Brazil. Thousands of Brazilians joined the student-led demonstrations, where some carried pictures of Bolsonaro made to look like Adolf Hitler and signs that read, "No to the father, no to the son" and "Never again Bolsonaro." Bolsonaro, a senator who represents the right-wing Liberal Party, is the son of convicted former President Jair Bolsonaro, who is serving a 27-year sentence under house arrest for orchestrating a coup attempt after his election loss in 2022. Bolsonaro's supporters stormed government buildings on January 8, 2023, and the former president—a close ally of President Donald Trump—was found guilty of spreading misinformation about the country's voting system and encouraging his supporters to attack the Capitol. At Wednesday's protest, one supporter of Lula expressed concern for the safety of her transgender wife and remembered the fear many lived with during the coronavirus pandemic, when the elder Bolsonaro refused to take part in basic public health precautions like social distancing and mask-wearing, sent unproven drugs to communities, and spread misinformation about vaccines. Nearly 600,000 people died of Covid-19 across Brazil—the second-highest death toll in the world after the United States. "I remember my family's lives being at risk during the pandemic," Alice Carneiro told Agence France-Presse in Rio. Bolsonaro won 47% of the vote on Sunday, while Lula, of the Worker's Party, had 45%. According to an analysis by the Center for Economic and Policy Research in the US, the Brazilian economy saw growth of 8.9% from 2022-25. Lula took office in 2023. His government has passed a new minimum wage law, expanded maternity leave, and increased benefits for low-income families. The report also notes that high interest rates have raised borrowing costs for households and have increased the rate of delinquency. Voters will go to the polls for the runoff election on October 25. Ahead of the first round of voting this week, Lula's campaign accused the Trump administration of interfering in the country's elections. The US abruptly shut down consular services in Brazil last Friday, citing unspecified "security concerns," and projecting a sense of "instability over the electoral environment,” according to Lula's campaign. Attorney General Jorge Messias also called for a probe ahead of the election into reports that Trump planned to award $1 million to right-wing groups in Brazil, and Brazilian intelligence officials also briefed French and German diplomats on alleged election interference by the US. Last year, Trump slapped the country with 40% tariffs, accusing Lula's government of "persecuting" Jair Bolsonaro. The former president's son has pledged to give amnesty to his father and the supporters who took part in the 2023 coup, should he win the election—like Trump, who pardoned January 6, 2021 insurrectionists when he returned to power. The potential victory of Bolsonaro comes amid a wave of right-wing victories across Latin America, where candidates backed by Trump have won recent elections in Colombia, Chile, and Peru, and the Trump administration has partnered with several governments in joint military operations that officials say are aimed at cracking down on drug trafficking. The march through Rio de Janeiro also coincided with mass student-led protests across France over cuts to education funding; demonstrations in India against the purging of voter rolls; marches by tens of thousands of people in Spain over housing affordability, sparked by public anger over the eviction of an 87-year-old woman; and protests against proposed budget cuts in Chile.

File photo: Reserve Bank of India (RBI) Governor Sanjay Malhotra arrives at a press conference in Mumbai (Picture credit: Reuters) RBI raises FY27 growth and inflation projections MUMBAI: In a move that could hurt …

File photo: Reserve Bank of India (RBI) Governor Sanjay Malhotra arrives at a press conference in Mumbai (Picture credit: Reuters) RBI raises FY27 growth and inflation projections MUMBAI: In a move that could hurt consumption during the festive season, mortgages and other loans are set to become more expensive, while deposits will start yielding higher returns in a few weeks, with Reserve Bank of India Wednesday announcing a hike in key interest rates.RBI raised the repo rate by a widely expected 25 basis points to 5.5% on Wednesday, its first increase since Feb 2023, as stronger than expected growth and broader price pressures due to escalation of the West Asia conflict prompted the Monetary Policy Committee to unanimously vote for an increase and shift its stance from neutral to "calibrated tightening".The move will raise the EMI on a Rs 1 crore loan over 15 years by around Rs 1,500 a month, or about Rs 1,471 at a base rate of 8.5%.If EMI remains unchanged, the higher rate could extend the loan by about 5.5 to 5.9 months, equivalent to six additional instalments.Clarifying that the calibrated tightening was an indication of future actions, RBI governor Sanjay Malhotra said, "Given the current conditions, rate cuts are off the table in the near term and policy action ahead can only be a rate hike or a pause, depending on the evolving conditions and the outlook."According to SBI chairman CS Setty, the repo rate hike is both a response to inflation and a recognition of the resilience of the Indian economy.“The upward revision in the growth outlook is reassuring, even as geopolitical developments and supply-side pressures including elevated energy prices warrant continued close monitoring,” he said.According to SBI group chief economist Soumya Kanti Ghosh, with inflation currently expected to peak at around 6.8% in Nov 2026, the corresponding peak repo rate could be around 6% in Dec. So, brace for further increase in EMIs. One of the drivers of inflation is crude oil, which RBI estimates will now average $95 a barrel for FY27, up $5 from its earlier estimate after global prices increased from $82 a barrel in July to around $116 per barrel in Sept.While banks are expected to take a few weeks to revise their fixed deposit rates as they are flush with funds from the special NRI deposit scheme, Bajaj Finance revised its FD rates by up to 40 basis points, taking rates for senior citizens up to 8.15%.RBI raised its 2026-27 real GDP growth forecast by 40 basis points from the Aug review to 7.1%, driven largely by a sharp revision in Q2 growth to 7.2% from 6.4%. The Q3 forecast was also raised, while the Q4 projection was unchanged.It also raised this year’s inflation forecast from 5% to 5.2%, with all quarterly forecasts revised higher; Q1 FY28 saw the biggest increase, at 30 basis points to 5.6%. Core inflation was also raised marginally to 4.4%. The MPC expects inflation to average 5.8% over the next three quarters.

Fed Minutes Show Hawkish Unity Behind September Rate HikeBloomberg.com The Fed was unanimous about raising rates in September. Economic signals have since changed.Yahoo Finance Fed Telegraphs Another Interest Rate Hike This Year | Economy …

Fed Minutes Show Hawkish Unity Behind September Rate HikeBloomberg.com The Fed was unanimous about raising rates in September. Economic signals have since changed.Yahoo Finance Fed Telegraphs Another Interest Rate Hike This Year | Economy | U.S. NewsU.S. News… The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.

For millions of Americans, the economy and labor market appear to be sending conflicting signals. While the unemployment rate is relatively low by historical standards, many job seekers are reporting that they have spent …

For millions of Americans, the economy and labor market appear to be sending conflicting signals. While the unemployment rate is relatively low by historical standards, many job seekers are reporting that they have spent months applying for positions with lit… For millions of Americans, the economy and labor market appear to be sending conflicting signals.While the unemployment rate is relatively low by historical standards, many job seekers are reporting …

President Donald Trump has made no secret of his desire to exert control over the Federal Reserve’s economic policy. His primary demand? Cut interest rates. That, Trump seems to reason, will give the economy …

President Donald Trump has made no secret of his desire to exert control over the Federal Reserve’s economic policy. His primary demand? Cut interest rates. That, Trump seems to reason, will give the economy a short-term jolt, even if it causes longer-term pa… President Donald Trump has made no secret of his desire to exert control over the Federal Reserves economic policy. His primary demand? Cut interest rates.That, Trump seems to reason, will give the e…