Actualités financières en direct

Piyush Goyal urged Brics nations to dismantle trade barriers and open markets. He also called for linking payment systems and trading in local currencies. Streamlining customs and promoting services trade were also highlighted by …

Piyush Goyal urged Brics nations to dismantle trade barriers and open markets. He also called for linking payment systems and trading in local currencies. Streamlining customs and promoting services trade were also highlighted by the minister. External Affair… View All Comments Share your thoughts in the comments InsightfulAgreeDisagreeSkepticalConcerningPromisingWorth ReadingBig Development Be respectful · TOI community guidelines

By Leika Kihara and Takahiko Wada TOKYO, Sept 11 (Reuters) - The Bank of Japan is set to raise interest rates next week, most likely by 25 basis points, and may signal faster future …

By Leika Kihara and Takahiko Wada TOKYO, Sept 11 (Reuters) - The Bank of Japan is set to raise interest rates next week, most likely by 25 basis points, and may signal faster future tightening if price pressures heighten risks of an inflation overshoot, said four sources familiar with its thinking. A hike to 1.25% ‌would bring the BOJ's policy rate to levels unseen in 31 years. A rate hike just three months after its last one in June also suggests a ‌faster pace of tightening, especially if the bank raises rates again this year. Many in the central bank see conditions falling into place for another rate hike with the economy on course for a moderate recovery and price pressure ​building, the sources said. The BOJ also expects financial conditions to remain loose even if it were to take interest rates to 1.25%, said the sources, who spoke on condition of anonymity as they were not authorised to speak publicly. While the yen's recent rebound could ease pressure on prices by moderating increases in import costs, the currency's past declines and a renewed surge in fuel prices will keep the BOJ on guard over inflation risks, they said. "With underlying inflation so close to 2%, the BOJ needs to be extra mindful of upside price risks," said one of the sources, a view ‌echoed by three more sources. The BOJ raised interest rates to ⁠1% in June and pledged to push up borrowing costs further if economic and price developments move in line with its baseline projections. While it kept rates steady in July, the BOJ signalled a strong chance of a near-term hike by warning of the risk of an inflation overshoot due ⁠to price pressures from the Middle East conflict, a weak yen and brisk AI-related demand. Analysts polled by Reuters expect the BOJ to hike rates to 1.25% at the September 17-18 meeting, 1.5% by end-March next year and then to 1.75% in the second quarter of 2027. Most saw the terminal rate as being at least 1.75%. With markets having fully priced in a September hike, some market players had bet ​the ​BOJ could spur a surprise by going with a bigger-than-expected 50-basis-point hike. With no immediate risk of an abrupt ​jump in wage and price growth, however, the BOJ will likely opt ‌for the usual 25-point hike next week and await more data to gauge whether another near-term increase would be necessary, the sources said. "Underlying inflation is about to reach 2%, but we don't see it sharply overshooting that level," BOJ board member Kazuyuki Masu said on Thursday, suggesting that he saw no imminent signs of a spike in inflation that warranted a big hike next week.

The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they …

The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs are impacting the decisions of both households and businesses. Here's a snapshot of prominent economic data and news that occurred over the past week and what it potentially means for you. U.S. inflation accelerated last month as gas prices climbed U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters as midterm elections near. The Labor Department said Friday that the consumer price index rose 3.4% last month compared with a year ago, the same as in July. But on a monthly basis, inflation accelerated, as costs jumped 0.4% from July to August, up from an increase of just 0.1% the previous month. The figures show that inflation remains stubbornly elevated, more than five years after prices first soared as the economy emerged from the COVID pandemic. Persistent inflation has presented a major challenge for the inflation-fighters at the Federal Reserve and has soured many voters on the Trump administration's economic management. US diesel prices soar past $6 a gallon Diesel prices in the U.S. hit yet another record on Friday, soaring past $6 a gallon on average as Washington's war with Iran disrupts the world's flow of fuel. The national average of $6.05 is up from $5.85 last week and $3.70 this time last year, according to motor club AAA. Higher diesel prices mean more expensive transportation for a long list of everyday goods. That's because diesel is used for many freight and delivery networks. And some businesses have already passed along steeper costs to consumers in the form of added fees on online orders and packages in the mail. US wholesale prices rise in latest sign of stubborn inflation Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war keep costs elevated. The Labor Department's producer price index — which captures inflation before it reaches consumers — rose 5.4% in August from a year ago, up from 4.8% in July, the government said Thursday. Annual wholesale inflation peaked this year at 5.9% in May after the Iran conflict raised energy costs. On a monthly basis, wholesale prices increased 0.4% from July to August, after a 0.1% increase the previous month.

High oil prices, record American diesel costs and hot US inflation data on Friday cemented investor fears that the Federal Reserve is all but certain to hike rates soon, despite the potential to dent …

High oil prices, record American diesel costs and hot US inflation data on Friday cemented investor fears that the Federal Reserve is all but certain to hike rates soon, despite the potential to dent growth in the world's biggest economy. After a rollercoaste… High oil prices, record American diesel costs and hot US inflation data on Friday cemented investor fears that the Federal Reserve is all but certain to hike rates soon, despite the potential to dent…

Data center construction and AI investment are helping the U.S. economy withstand high interest rates, even as borrowing costs squeeze consumers. Construction on data centers hasn't been as sensitive to interest rate increases, and …

Data center construction and AI investment are helping the U.S. economy withstand high interest rates, even as borrowing costs squeeze consumers. Construction on data centers hasn't been as sensitive to interest rate increases, and it's buoying some consumer spending.Credit: George Frey / Bloomberg via Getty Images Key Takeaways <ul><li>Data…

Prices in the U.S. economy kept rising in August, according to government data released Friday, ratcheting up the affordability squeeze on American consumers while raising pressure on the Federal Reserve to increase interest rates …

Prices in the U.S. economy kept rising in August, according to government data released Friday, ratcheting up the affordability squeeze on American consumers while raising pressure on the Federal Reserve to increase interest rates at its meeting next week. The consumer price index rose 0.4% from July to August, the Labor Department announced, contributing to a 3.4% annual inflation rate. The monthly figure was four times higher than the prior month's reading, while the annual rate held steady. Both were in line with expectations. Core inflation, a measure that ignores volatile food and fuel prices, rose 0.3% on a monthly basis, a bit higher than expected. The annual core reading stood at 2.4%. Energy was a key driver of inflation, with gasoline prices rising 27.4% on an annual basis due to the war with Iran. Airfares were up sharply, as well, with prices up 23% over the last year due to more expensive jet fuel. But the price hikes extended beyond energy and closely related sectors, suggesting that inflationary pressure is becoming broader. Both hospital and car repair prices rose 5.2% year-over-year, while clothing was up 3.6% and restaurant prices up 3.4%. The cost of shelter rose 3%, and the price of food rose 2.7%. What the analysts are saying: "America still has an inflation problem," Navy Federal Credit Union Chief Economist Heather Long said on X. "Americans are getting financially squeezed." Long noted that inflation has now erased all wage gains since April. Wages have grown 3.1% over the last year, Long said, but topline inflation has been higher at 3.4%. Mark Zandi, chief economist at Moody's Analytics, said the economy is under pressure from multiple sources, including the Iran war and President Trump's trade policies. "You've got a lot of shocks that are pushing up inflation and making it uncomfortably high," he told CNBC. "The shocks, we keep hoping they fade away into the background. But they're not going away. They're still plaguing us with these big increases." The persistent pricing pressure seems to be spilling over into how people feel about the economy. The University of Michigan's survey of consumers showed sentiment dropping to 47.8, down from 51.7 at the end of August. "Year-ahead expectations for both personal finances and business conditions plunged," said the survey's director, Joanne Hsu. "With a resurgence in fuel prices and trade tensions, consumers anticipate greater pressures on their pocketbooks to come." Rate hike likely: Thanks to persistent inflation, Wall Street traders now assign an 87% probability to an interest rate hike when Federal Reserve policymakers meet next week, according to the CME FedWatch tool.

The Wall Street Journal editorial board laid into President Donald Trump on Friday for failing to focus on the health of real wages in the economy, as inflation continues to eat into Americans' paychecks …

The Wall Street Journal editorial board laid into President Donald Trump on Friday for failing to focus on the health of real wages in the economy, as inflation continues to eat into Americans' paychecks — and the Federal Reserve struggles to get a handle on … The Wall Street Journal editorial board laid into President Donald Trump on Friday for failing to focus on the health of real wages in the economy, as inflation continues to eat into Americans' paych…

The Bank of Japan plans to raise its policy interest rate to 1.25%, the highest level in about 31 years, at its policy-setting meeting next week, informed sources said Friday. The last time the …

The Bank of Japan plans to raise its policy interest rate to 1.25%, the highest level in about 31 years, at its policy-setting meeting next week, informed sources said Friday. The last time the BOJ policy interest rate stood at 1.25% was in April 1995. With u… The Bank of Japan plans to raise its policy interest rate to 1.25%, the highest level in about 31 years, at its policy-setting meeting next week, informed sources said Friday.The last time the BOJ po…

In August, consumer prices surged, strengthening the anticipation of Federal Reserve rate hikes. The core inflation saw its most substantial rise in four months, pointing to ongoing price pressures across the economy. Rising energy …

In August, consumer prices surged, strengthening the anticipation of Federal Reserve rate hikes. The core inflation saw its most substantial rise in four months, pointing to ongoing price pressures across the economy. Rising energy costs have affected multipl… U.S. consumer prices accelerated in August, while a key measure of underlying inflation posted its largest increase in four months, reinforcing expectations that the Federal Reserve will raise intere…

Reserve Bank of India's Governor Sanjay Malhotra said on Friday that the Monetary Policy Committee (MPC) will reassess growth and inflation dynamics at its meeting next month. Malhotra's remarks came amid rising prices of …

Reserve Bank of India's Governor Sanjay Malhotra said on Friday that the Monetary Policy Committee (MPC) will reassess growth and inflation dynamics at its meeting next month. Malhotra's remarks came amid rising prices of crude oil due to the ongoing crisis in West Asia in the wake of the US-Iran war. On inflation Reserve Bank of India Governor Sanjay Malhotra said inflation risks are “on both sides” right now, and he isn't ready to say which way they'll break before the Monetary Policy Committee (MPC) meets again in October. "I mean, risks are there on both sides... The MPC will make a reassessment of the growth-inflation dynamics when it meets in a month or so. Let me not give my assessment," Malhotra said in an exclusive interview with CNBC-TV18. Malhotra said food such as sugar and onions were elevated, but those increases had largely been factored into RBI's projections because of deficient rainfall, though crude remains a worry. He added that rising crude oil prices will have an impact, but the extent will depend on how much is passed through. “Crude has gone up. July was for the Indian basket an average of 82 billion dollars. August, it has gone up to 90 billion dollars, and so that will certainly have some impact, but it will depend again on the pass-through. Till now, the government has to a great degree absorbed and cushioned that shock, and as a result of that, you find that the Indian economy has weathered this shock really well,” he said. Malhotra added that the government has, to a great degree, absorbed and cushioned that shock; as a result, the Indian economy has weathered this shock really well. According to the media house, Governor Malhotra stressed that the RBI does not assess monetary policy based only on average inflation. Instead, it looks at headline inflation, its composition, the trajectory of prices and underlying inflation. He said inflation had been normalising, while underlying inflation remained low, although core inflation excluding precious metals was also increasing and moving towards the target. The Reserve Bank of India (RBI) governor said it would continue to watch whether there is persistence, inflation expectations, and generalisation. Malhotra also flagged a separate, newer pressure point: rising global bond yields, with the US 10-year approaching 5 per cent and G7 yields at multi-decade highs. Asked directly whether this would weigh on monetary policy, he was quoted as saying. "Well, obviously yes, it does impact us." In a separate follow-up, he added that the impact would be felt "on both growth, inflation, on the interest rates." Malhotra told CNBC-TV18 that higher bond yields in other jurisdictions were being driven by factors including high fiscal deficits, elevated public debt, greater pass-through of energy shocks and higher inflation expectations. While Indian bond yields have also risen, he said the increase has been much smaller. Malhotra said all these factors would be taken into account at the MPC's next meeting, but declined to offer his own assessment of the growth-inflation outlook ahead of that review. The next meeting of the Monetary Policy Committee (MPC), the RBI's rate-setting panel, is scheduled for October 5-7, 2026. On FCNR (B) deposits In an interview with CNBC-TV18, Malhotra said nearly 50 per cent of the Foreign Currency Non-Resident (Bank), or FCNR(B) deposits, mobilised under the forex swap facility, is for a 5-year tenor. The inflows under the FCNR (B) deposits totalled $127.22 billion in the recently concluded RBI swap facility. The governor said the flows were certainly "very robust" and reflect the strong belief and confidence of the investors worldwide in the extremely strong macroeconomic fundamentals of India. "It demonstrates at the same time that we can get foreign flows, capital flows, in a short period of time. This helps us, in terms of financial stability, external sector resilience. We are quite happy with the result," he added. Also Read | RBI curbs push prop traders to tap clients’ shares for derivatives Malhotra said the strong flows have helped stabilise the forex markets. "It has given us the liquidity at the same time, and it has improved sentiments," he said. He said that FCNR(B) deposits are predominantly concentrated in the 5-year tenure, which accounts for nearly half of the total portfolio at approximately (48.50-50 per cent). The next largest segment, comprising about 42 per cent, falls within the 3-year up to 4-year maturity bracket. The remaining share, about 9 per cent, falls in 4-5 years' tenure window. Malhotra said the Reserve Bank has enough tools at its disposal to manage the current surplus of liquidity in the banking system, and is prepared to use them as needed.