
Oil Prices Dip as Market Eyes Trump’s Stance on Israel-Iran Conflict
Jun 19, 2025 01:51 am UTC| Economy
Oil prices fell slightly on Thursday as investors remained cautious amid uncertainty over U.S. involvement in the escalating Israel-Iran conflict. Brent crude futures declined 37 cents (0.48%) to $76.33 a barrel by 0110...

New Zealand GDP Beats Forecasts, Slows Rate Cut Expectations
Jun 19, 2025 01:13 am UTC| Economy
New Zealands economy expanded more than expected in Q1 2025, strengthening recovery hopes after last years recession and giving the Reserve Bank of New Zealand (RBNZ) more leeway before making further interest rate cuts....

Japanese Firms Stay Steady Despite Trump Tariffs and Tax Debate
Jun 19, 2025 01:12 am UTC| Economy
Most Japanese companies are staying the course despite U.S. President Donald Trumps tariffs, according to a Reuters survey conducted by Nikkei Research between June 413. Among 220 responding firms, 71% said the impact of...

Bank of England Likely to Hold Rates Amid Inflation and Energy Concerns
Jun 19, 2025 01:07 am UTC| Economy Central Banks
The Bank of England (BoE) is expected to keep interest rates steady at 4.25% on Thursday, as policymakers assess weakening inflation and economic signals alongside rising energy costs from the Israel-Iran conflict. British...

Brazil Surprises Markets with Rate Hike to 15% Amid Inflation Concerns
Jun 19, 2025 01:05 am UTC| Economy Central Banks
Brazils central bank raised the Selic interest rate by 25 basis points to 15% on Wednesday, defying market expectations of a pause. This marks the seventh straight hike and pushes rates to their highest level since 2006,...

Fed Holds Rates Steady Amid Inflation Worries from Trump Tariffs
Jun 19, 2025 01:01 am UTC| Economy Central Banks
The Federal Reserve kept interest rates unchanged on Wednesday, maintaining the benchmark rate at 4.25%-4.50%. While policymakers still forecast rate cuts in 2025, Fed Chair Jerome Powell cautioned against certainty,...

Powell Warns Tariffs to Boost U.S. Inflation Over Summer
Jun 19, 2025 00:50 am UTC| Economy Politics Insights & Views
Federal Reserve Chair Jerome Powell said Wednesday that U.S. consumers will begin to feel the effects of President Donald Trumps tariffs as goods inflation rises in the coming months. Powell emphasized that tariffs on...