High company valuations a ‘worry,’ IMF’s capital markets chief says
High corporate valuations could pose a significant risk to financial stability as market optimism becomes untethered from fundamentals, the IMF said Tuesday.
UK inflation eases less than expected to 3.2% in March
Economists polled by Reuters expected a reading of 3.1%, down from 3.4% in February.
IMF upgrades global growth forecast as economy proves ‘surprisingly resilient’ despite downside risks
The IMF on Tuesday raised its global growth forecast slightly, saying the economy had proven "surprisingly resilient" despite inflationary pressures.
U.S. economy will see ‘more things break’ in 2025 if rates stay high, strategist says
Altaf Kassam told CNBC that classic monetary policy mechanisms had "broken."
Retail sales jumped 0.7% in March, much higher than expected
Retail sales increased 0.7% for the month, considerably faster than the Dow Jones consensus forecast for a 0.3% increase.
Consumer prices rose 3.5% from a year ago in March, more than expected
The consumer price index in March was expected to increase 3.4% from a year ago, according to the Dow Jones consensus estimate.
WTO forecasts rebound in global trade but keeps geopolitical risks in focus
The World Trade Organization said Wednesday that it expects global trade to rebound gradually this year before rising further in 2025 as the impacts of...
Hot inflation data pushes market’s rate cut expectations to September
March's consumer price index release Wednesday helped verify worries that inflation is proving stickier than thought.
European Central Bank gives strong signal that cuts are on the way despite Fed uncertainty
The euro zone's central bank held interest rates steady for a fifth straight meeting.