Specialized search for economics

23+ min ago (262+ words) Finance Minister Satsuki Katayama on Saturday effectively signaled acceptance of an anticipated interest rate hike by the Bank of Japan. "There is no major disagreement between us and the BOJ," Katayama said in a speech in Sendai, Miyagi Prefecture. "I thought I should say this since reports have been circulating." The Japanese central bank is reportedly likely to raise its policy interest rate to around 0.75% from around 0.5% at present at its two-day monetary policy meeting through Friday this week. According to a recent Bloomberg survey of 50 analysts, all forecast that the central bank will raise its policy rate at the meeting. The stance of Prime Minister Sanae Takaichi's Cabinet on monetary policy is seen as a key factor for the BOJ to hike rates. Takaichi is known for her pro-monetary stimulus stance, but she has toned down her rhetoric and…...

23+ min ago (331+ words) National Economic Council head Kevin Hassett said he'd consider President Donald Trump's policy opinions if picked to lead the Federal Reserve, but that the central bank's interest rate decisions would remain independent. The president "has very strong and well-founded views about what we ought to do," Hassett, Trump's top economic adviser at the'White House, said Sunday on CBS' "Face the Nation." "But in the end, the job of the Fed is to be independent and to work with the group of people that are on the'Board of Governors, the'FOMC, to drive a group consensus on where interest rates should be," he said. Hassett was responding to questions about Trump's comment Friday that he should be able to make recommendations on rates set by the Fed. Trump and senior advisers have pressed Fed Chair'Jay Powell'to lower rates for months " while also…...

35+ min ago (881+ words) A VILLAGE has lost its last remaining pub just before Christmas " with the landlady blasting Labour's Budget as the "final nail in the coffin. Carol Kenny, 64, will pull her final pint at the Swan Inn in Mattishall, Norfolk, today " less than 12 months after she first took over the bar. Carol says she is being forced to close up shop because of rising rent, bills and business rates " costing her thousands more in the new year. It leaves the village, one of the largest in the county with a population of 2,500, without a pub. In a heartbreaking admission, Carol, who lives above the bar, said: "I just can't afford to keep this place on. "I know a lot of other landlords will find themselves in the same situation after the budget. Pub owner Jeremy Clarkson declares 'all Labour MPs are banned…...

41+ min ago (514+ words) London markets reopen on Monday, 15 December 2025 with three forces likely to dominate the early tone: a risk-off aftertaste from Wall Street's late-week tech-led pullback, accelerating expectations of a Bank of England rate cut later this week, and a data-heavy global calendar that could reshape rate and FX pricing before Christmas. Below is what to watch into the London Stock Exchange open (08:00 GMT), the themes that matter most for the FTSE 100 and FTSE 250, and the UK shares likely to be in focus. Where London left off on Friday The immediate question for Monday is whether the FTSE's commodity-heavy composition (energy/miners) can stabilise the index if global risk sentiment stays fragile. US equities ended the week lower For UK investors, this matters because higher global yields tend to pressure "long-duration" growth equities and can tighten financial conditions'while also feeding through to…...

1+ hour, 8+ min ago (506+ words) KARACHI: The State Bank of Pakistan (SBP) is widely expected to maintain its key policy rate at 11% in its upcoming Monetary Policy Committee (MPC) meeting scheduled for Monday, as inflation risks linked to food prices and external pressures continue to weigh on the outlook. A majority of analysts and surveys conducted by leading brokerage houses anticipate no change in the policy rate. Headline inflation has shown an upward trend in recent months, increasing from 4.1% in July to 6.1% in November, largely driven by disruptions in food supply following recent floods. After cutting interest rates by a cumulative 1,100 basis points since June 2024, the central bank has kept the policy rate unchanged at 11% for the last four consecutive meetings. The most recent rate cut was announced in May this year. According to a recent research note by Arif Habib Limited (AHL), the SBP…...

1+ hour, 13+ min ago (355+ words) India is entering a decisive phase of economic expansion that could redefine wealth creation over the next two decades, according to the 30th Wealth Creation Study by Motilal Oswal Financial Services. Drawing inspiration from the past 17 years, during which India's economy expanded fourfold from $1 trillion in 2008 to $4 trillion in 2025, the study envisions a similar quadrupling of GDP to $16 trillion over the next 17 years, from 2025 to 2042. Rising income levels are another major structural driver. India's per capita GDP is projected to quadruple from around $2,600 at present to approximately $10,400 by 2042. This income transition is expected to push large segments of the population into higher consumption brackets, providing a sustained boost to consumer discretionary sectors. The study notes that categories such as white goods, quick commerce, food technology platforms, travel and tourism, telecom services, healthcare, and allied services are likely to see strong demand…...

2+ hour, 4+ min ago (608+ words) National Economic Council Director Kevin Hassett, one of the top contenders to replace Jerome Powell as Federal Reserve chair, downplayed any role that President Donald Trump's opinion would have in setting interest rates. That's despite Trump repeatedly insisting that he ought to have some say on monetary policy. Most recently, he said Friday his voice should be heard because "I've made a lot of money." In an interview Sunday on CBS' Face the Nation, Hassett said Trump has "very strong and well founded views" but pointed out that the Fed is independent, with the chairman tasked with driving consensus among other policymakers on the rate-setting Federal Open Market Committee. "But in the end, it's a committee that votes," he added. "And I'd be happy to talk to the president every day until both of us are dead because it's so…...

2+ hour, 41+ min ago (909+ words) The Federal Reserve cut rates another 25 basis points and confirmed it would begin buying $40 billion of Treasury bills starting December 12th. This should have been rocket fuel for crypto'but it became a sell-the-news event. Crypto has followed equities lower, and majors are red across the board. The relief rally into the FOMC has ... [Why Is Crypto Down Today? Majors Red Across the Board " Banking Play Digitap ($TAP) Presents Best Crypto Presale December Opportunity]Read more The Federal Reserve cut rates another 25 basis points and confirmed it would begin buying $40 billion of Treasury bills starting December 12th. This should have been rocket fuel for crypto'but it became a sell-the-news event. Crypto has followed equities lower, and majors are red across the board. The relief rally into the FOMC has flipped into a grind lower. Bitcoin is struggling to hold the $90,000, and ETH is…...

2+ hour, 41+ min ago (731+ words) The latest forecast from Ed Yardeni" Editor's Note: Last week, Louis Navellier, Luke Lango,and I held our TheAmerican Dream 2.0 Summit.It was one of our most energetic and engaged events of the year. In the event, we walked through" As it turns out, just as the Summit was airing, Louis' favorite economist, Ed Yardeni, stepped forward and validated the entire thesis we presented at the event. So today, Louis is joining us to discuss the latest forecast from Yardeni " and what it means for ourAmerican Dream 2.0prediction. Take it away, Louis" But after a famous 15-year run of an "overweight" recommendation for the Information Technology and Communication Services sectors, Ed Yardeni " Wall Street's most respected economists " is now recommending a "market weighting." In other words, Yardeni is not calling for a crash, but he believes the era of the market…...

2+ hour, 45+ min ago (63+ words) The US president says the economy and investment is booming, but data and living costs tell a different story. The Real Numbers Behind Trump's Economy US President Donald Trump is promoting his nation's economic record, insisting prices are falling and investment is surging " but the data, and rising cost-of-living pressures, tell a different story. Jillian Wolf checks the facts....