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Economists push back Fed rate cut bets amid rising energy prices

Economists push back Fed rate cut bets amid rising energy prices

The US Federal Reserve is likely to wait at least six months before cutting interest rates this year, as inflation pressures persist, according to a Reuters poll of

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Apr 22, 2026
UK unemployment rate dips to 4.9%, but energy shock threatens rebound

UK unemployment rate dips to 4.9%, but energy shock threatens rebound

Unemployment in the United Kingdom unexpectedly fell in the three months to February, offering a brief sign of resilience in the labour market. However, economists and business groups

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Apr 21, 2026
Trump weighs UAE currency swap as war risks test Gulf economy

Trump weighs UAE currency swap as war risks test Gulf economy

US President Donald Trump said on Tuesday that Washington is considering financial support measures for the United Arab Emirates, including a potential currency swap arrangement, as geopolitical tensions

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Apr 21, 2026
UK sentiment drops to 33-month low as household concerns rise

UK sentiment drops to 33-month low as household concerns rise

British consumer morale dropped sharply last month, hitting its lowest level since mid-2023, according to two surveys released on Monday. The decline reflects growing concerns over inflation and

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Apr 20, 2026
Strait of Hormuz war poses risk to US dollar, FX markets

Strait of Hormuz war poses risk to US dollar, FX markets

The ongoing closure of the Strait of Hormuz, following seven turbulent weeks of war, has amplified global economic uncertainty, with a new analysis suggesting that central bank actions—particularly

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Apr 20, 2026
IMF signals Venezuela loan if data and reforms advance

IMF signals Venezuela loan if data and reforms advance

The International Monetary Fund is preparing to deepen its engagement with Venezuela, with Managing Director Kristalina Georgieva signaling that a financial support program could follow if key conditions

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Apr 18, 2026
Warsh’s nomination scrutiny sets stage for heated confirmation hearing

Warsh’s nomination scrutiny sets stage for heated confirmation hearing

The nomination of Kevin Warsh to lead the Federal Reserve is fast becoming one of the most contentious confirmation battles in recent years, reflecting a broader clash over

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Apr 18, 2026
Investors eye Fed hearing as Iran optimism boosts equities

Investors eye Fed hearing as Iran optimism boosts equities

Global financial markets are showing renewed optimism as US President Donald Trump signalled confidence that the war in Iran could end soon, with talks potentially resuming over the

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Apr 17, 2026
Is the S&P 500 surge built on conditioning, plumbing, and illusion?

Is the S&P 500 surge built on conditioning, plumbing, and illusion?

We are in the middle of the largest oil supply shock in history. A war is still raging. Consumer confidence is at record lows. But somehow, the S&P

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Apr 17, 2026
US jobless claims fall to 207,000; labour market steady, hiring cautious

US jobless claims fall to 207,000; labour market steady, hiring cautious

The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued resilience in the labour market even as businesses remain cautious about hiring

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Apr 16, 2026

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