Search
Items tagged with: interestrates
Friday, January 30, 2026
Lukoil agrees to sell most of its foreign assets to US investment group
The Carlyle deal does not include Lukoil's assets in Kazakhstan and is still subject to approval by the U.S. Treasury Department, the Russian energy giant said.Martin Fornusek (The Kyiv Independent)
Warsh is currently a fellow at the right-leaning Hoover Institution & a lecturer at the Stanford Graduate School of Business.
In some ways, Warsh is an unlikely choice for #Trump because he has long been a hawk in #FederalReserve parlance, or someone who typically supports higher #InterestRates to control #inflation. Trump, by contrast, has said the Fed’s key rate should be as low as 1%, far below its current level of about 3.6%, a stance few economists endorse.
The RBA looks set to reverse course, with economists now predicting a rate hike as soon as February 3rd, following higher-than-expected inflation data.
While the central bank cut rates three times last year, stubborn inflation is forcing its hand. The big question is: can stressed borrowers handle it?
Key Points from the Analysis:
* A single 0.25% hike could push 1.3 million Australian households into mortgage stress.
* Economists are divided: some urge immediate action to curb inflation, while others warn hiking too fast risks "snuffing out" consumer spending and economic growth.
* The RBA faces a tough communication challenge, trying to explain why rate rises are necessary to people struggling with high living costs and massive housing debt.
#RBA #InterestRates #Inflation #AusPol #CostOfLiving #MortgageStress #AustralianEconomy
abc.net.au/news/2026-01-29/inf…
Rate hike pain is on the way for Australian borrowers, but will they be able to tolerate it?
The Reserve Bank cut interest rates three times last year, betting inflation would moderate. But that hasn't happened, and now a rate hike looks likely next month — and possibly another in May.Nassim Khadem (ABC News)
#FederalReserve keeps #InterestRates unchanged even as #Trump continues to insist they be lowered
#FOMC #JeromePowell #economy #tariffs #inflation
apnews.com/article/federal-res…
Meanwhile, #inflation "remains somewhat elevated," the #CentralBank said, while the job market has "shown some signs of stabilization."
Though the #Fed noted that "job gains have remained low," it also removed language from its prior statement saying that downside risks to employment had risen - an indication policymakers as a group are becoming less worried about a rapid downturn in the labor market.
#US #FederalReserve #FOMC #JeromePowell #Trump #InterestRates #economy
The #US #FederalReserve has held #InterestRates steady.
It cited still-elevated #inflation alongside solid economic growth, & it gave little indication in its latest policy statement of when borrowing costs might fall again.
"Economic activity has been expanding at a solid pace," #Fed policymakers said in the statement after voting 10-2 to hold the US #CentralBank's benchmark interest rate in the 3.50%-3.75% range following a two-day meeting.
#FOMC #JeromePowell #Trump #economy
Press conference with Federal Open Market Committee [#FOMC] Chair #JeromePowell at 2∶30PM ET∶
#FederalReserve #Fed #InterestRates #economy #money #Trump #tariffs #inflation #recession #trumpcession #Affordability #CostOfLiving
Market on high alert for yen intervention after Takaichi warning
Intervention speculation builds after traders reported Friday that the Federal Reserve Bank of New York had contacted financial institutions to ask about the yen’s exchange rate.The Japan Times
Gee, when Erdoğan kept cutting interest rates—as Trump wants to do—the net was 80% inflation!
The end of Erdoğanomics? Turkey almost doubles interest rates to fight inflation
politico.eu/article/end-recep-…
#TrumpMustGo #Fed #JeromePowell #LisaCook #InterestRates #Hyperinflation #USPol
The end of Erdoğanomics? Turkey almost doubles interest rates to fight inflation
The apparent U-turn is being entrusted to mainstream financial experts, while Erdoğan himself still insists interest rates should remain low.Gabriel Gavin (POLITICO)
Gee, when Erdogan kept cutting interest rates—as Trump wants to do—the net was 80% inflation!
The end of Erdoğanomics? Turkey almost doubles interest rates to fight inflation
politico.eu/article/end-recep-…
#TrumpMustGo #Fed #JeromePowell #LisaCook #InterestRates #Hyperinflation #USPol
The end of Erdoğanomics? Turkey almost doubles interest rates to fight inflation
The apparent U-turn is being entrusted to mainstream financial experts, while Erdoğan himself still insists interest rates should remain low.Gabriel Gavin (POLITICO)
The #FederalReserve sets #MonetaryPolicy & #InterestRates, among other duties, & when #Congress established it, lawmakers worked to insulate it from #political #influence. Its leaders have 14-year terms & may be removed only “for cause.” But #Trump has increasingly attacked the #Fed, pressuring it to lower interest rates as well as trying to push out its chair, #JeromePowell, & fire board governor #LisaCook.
Monthly inflation has edged up, which will likely give the Bank of England's Monetary Policy Committee al the justification they need for keeping interest rates where they are...
And will leave the economy still under-pressure from high(er) interest rates.
Don' forget interest rate policy take between 18-24 months to work its way through the economic system, so the BoE is ensuring the UK economy remains moribund well into 2027.
Entrepreneurial courage is critical for European growth
The continent’s public-sector leaders have begun laying the foundation for renewed economic growth. Europe’s boldest companies have the opportunity to supercharge it.Tunde Olanrewaju, Managing Partner Europe, McKinsey & Company, Anna Kortis and Jan Mischke, Partners, McKinsey Global Institute and Solveigh Hieronimus, Senior Partner, and Member, McKinsey Global Institute Council, McKinsey & Company (POLITICO)
Silence won’t protect the Bank of Japan’s independence
Why then does silence persist? Because in today’s institutional environment, speaking carries visible political risk, while silence carries little immediate cost.Kumiharu Shigehara (The Japan Times)
Keir Starmer goes big on wind power — even as Trump trashes it
The British prime minister commits to a major expansion of offshore wind as he eyes a 2030 clean power milestone. Just don’t tell his friend Donald.Charlie Cooper (POLITICO)
Federal prosecutors served #FederalReserve Chair #JeromePowell a subpoena last week seeking grand jury testimony about renovation of the institution’s Washington HQ. There’s no indication of impropriety surrounding the construction project; #Trump has long feuded with Powell, whom Trump appointed in his first term, over #InterestRates.
#Trump lashed out at the #FederalReserve Tuesday — as his admin tries to fabricate charges against the central bank’s chair, #JeromePowell — & called for lower #InterestRates during a speech touting his economic record [not something to brag about] a year into his 2nd term.
“That jerk will be gone soon,” Trump pledged, even as #Republicans have criticized a criminal investigation into the #CentralBank.
#law #economy #independence #dictatorship #RevengePolitics
washingtonpost.com/politics/20…
#US #ConsumerPrices increased in December, lifted by higher costs for #rents & #food as some of the distortions related to the government shutdown that had artificially lowered #inflation in November unwound, cementing expectations the #FederalReserve would leave #InterestRates unchanged this month. [Hence the #Trump #DOJ “criminal investigation” into #Fed Chair #JeromePowell]
#economy #affordability #CostOfLiving #recession #tariffs #trumpcession