Breaking Data

Latest stock market data plus index, currencies, and commodities performance

Fed minutes reveal debate over rate cut

Several members cited labor market concerns and inflation progress as reasons to consider easing policy

22 Aug 2024, 10:33

US employment report shows labour demand stalling

A soft set of employment numbers from the US this afternoon and which leaves the Fed looking precariously behind the curve policy-wise.

2 Aug 2024, 15:19

Bank of England's Surprise Rate Cut: A Look at What's Next for UK Monetary Policy

The BoE showed an increased willingness to tolerate data misses and vote to cut interest rates today. But going forward, the pace of monetary loosening to come looks set to be slow and gradual.

1 Aug 2024, 13:06

Euro-area Q2 growth stronger than expected, ECB faces rate cut dilemma

Today's reading shows an unchanged pace of growth compared to Q1. But the ECB will still find itself under pressure to cut rates again in September.

30 Jul 2024, 12:32

US Q2 GDP report rules out the small chance of a July interest rate cut

Although the main factors behind today's better GDP numbers look unsustainable going forward, the report should put to bed the suggestions made recently that the Fed should cut interest rates this month.

25 Jul 2024, 14:56

UK PMI surveys raise further doubts about an August rate cut

Although today's reports showed output prices to be slowing, robust outlooks for both growth and employment will do nothing to assuage BoE concerns about the strength of underlying inflationary pressures going forward.

24 Jul 2024, 11:26

US June retail sales numbers show consumer spending continuing to weaken

Today's report shows consumer spending continuing to slowly soften, presenting no obstacle to hold the Fed back from cutting interest rates.

16 Jul 2024, 15:19

Stronger US PPI numbers still allow the Fed to cut interest rates in September

Today's PPI numbers appear at first glance to rule out any suggestion of a first interest rate cut being delivered in September. But as with all such reports, the devil is in the detail.

12 Jul 2024, 15:20

US CPI report gives the Fed the green light to start cutting interest rates

Today's report showed disinflationary pressures to be widespread across the US economy. Reasons for the Fed to delay cutting rates are becoming few and far between.

11 Jul 2024, 15:05

US PCE and personal spending numbers open the door wider for a September interest rate cut

With core PCE growing increasingly slowly while personal spending stalls, the case for cutting interest rates continues to strengthen.

28 Jun 2024, 15:38