Section
Economy
Kevin Warsh sworn in as Fed chair amid Trump pressure
Kevin Warsh's Fed chair swearing-in formalises the central-bank handover as traders weigh inflation pressure and White House demands for lower rates.
US consumer sentiment hits May record low on inflation fears
US consumer sentiment hit a record low in May as higher gasoline prices lifted inflation expectations and deepened worries over household finances.
Why bond traders think Warsh’s Fed could hike before it cuts
Warsh Fed rate hike bets are building as swaps, 2-year yields and sticky inflation push traders to doubt any near-term move toward cuts.
Japan core inflation slows to 1.4% as BOJ hike debate returns
Japan core inflation slowed to 1.4 per cent in April, below forecasts and the weakest since March 2022, muddying the Bank of Japan's next rate move.
Fed rate cuts 2026: Nomura sees none as inflation stays sticky
Fed rate cuts in 2026 are looking less likely after Nomura dropped its easing call, citing sticky inflation, firm jobs data and a hawkish backdrop.
Trump returns from China to hotter inflation and higher yields
U.S. inflation is reasserting itself as Trump returns from Beijing, lifting Treasury yields, mortgage costs and pressure on Kevin Warsh's Fed.
Jamie Dimon Warns Interest Rates Could Go 'Much Higher' After Bond Selloff
Jamie Dimon warned interest rates could climb much higher from current levels, hours after FOMC minutes showed a majority of Fed officials open to further rate hikes.
Student loan caps lawsuit puts nursing pipeline at risk
Student loan caps are now at the center of a state lawsuit that says tighter borrowing rules could choke the pipeline for advanced nursing degrees.
Hormuz Blockade and El Niño Converge Into a Commodity Super-Inflation Storm, Citi Warns
Citi Research issued its most severe commodity inflation warning to date, arguing the simultaneous Hormuz blockade and emerging super El Niño could push Brent crude past $150 a barrel while squeezing global food supplies through fertilizer disruption and drought in the same growing season.
RBI Weighs Rate Hike as Rupee Slides Toward 97 Per Dollar
The Reserve Bank of India is weighing an emergency interest rate increase alongside currency swaps and dollar-raising measures to arrest the rupee's slide after it hit a fresh low of almost 97 per dollar this week.
Bank Indonesia rate hike in play as rupiah plumbs new lows
Bank Indonesia rate hike bets rose after the rupiah hit 17,670 per dollar, with economists split on a 25-basis-point move to 5.00 per cent.
Fed Minutes: Rate Hikes Ahead If Inflation Persists
A majority of Fed officials are open to rate hikes if inflation persists, FOMC minutes show, handing Kevin Warsh a hawkish committee days before his swearing-in.
Student loan repayment 2026: how courts changed forgiveness
Student loan repayment in 2026 is shifting as SAVE ends, new rules start on July 1, and lawsuits reshape forgiveness and graduate borrowing.
Average US credit card debt in 2026: a stress signal
Average US credit card debt in 2026 matters because high APRs and stubborn delinquencies show when households are leaning harder on revolving credit.
UK house prices stall at £268,000 as higher mortgage rates bite
UK house prices recorded their first 12-month period of zero growth in nearly two years as the average two-year fixed mortgage rate surged 0.9 percentage points to 5.73 per cent since the Iran conflict began, transmitting bond-market stress directly into household balance sheets.
ECB June hike risk rises as Iran war lifts inflation
ECB June hike risk rose after Pierre Wunsch said an unresolved Iran war could force tighter policy as energy-led inflation rewrites the euro-area outlook.
Student loan forgiveness backlog falls to 88,000 in April
Student loan forgiveness backlog fell to 88,000 after a record 6,870 PSLF buyback decisions, but borrowers remain in limbo.
UK food price caps test inflation policy as costs rise
UK food price caps are the Treasury's answer to rising grocery inflation, but any relief would shift the bill through margins, rules or later prices.
Perli says Fed rate control can absorb lower reserves
Fed reserve demand is back in focus after Roberto Perli said the New York Fed can keep rates on target even as reserves drift lower and cuts recede.
Mortgage rates 2026: why the 30-year fixed hit 6.75%
Mortgage rates hit 6.75%, the highest since July, as the Treasury selloff tightened housing finance and raised borrowing costs into the spring market.
UK energy bills July 2026: cap seen up £209 to £1,850
UK energy bills are forecast to rise by £209 a year in July, taking the Ofgem cap to £1,850 as wholesale costs add fresh pressure to households.
US consumers keep spending as gas and inflation bite
Higher gasoline prices and 3.8 per cent inflation are darkening consumer sentiment, but April spending data show affluent households are still keeping US growth alive.
Student-loan defaults are now a consumer-credit story
Student loan defaults jumped again in 2026, pulling 3.6 million borrowers into default over two quarters and raising fresh risks for credit and spending.
Negative real rates are back as bond markets test central banks
Negative real rates are back as inflation tops policy settings, leaving the Fed and its peers with less room to calm bond markets already pushing yields higher.
Fed rate cuts 2026: Reuters poll points to longer hold
Fed rate cuts 2026 look less likely as a Reuters poll, firmer inflation forecasts and higher Treasury yields push markets to price a longer hold.
