New Zealand's economy has posted a pickup in activity, even as persistently high U.S. interest rates continue to shape the global financial backdrop. The combination highlights a diverging picture across...

Read the full article: https://firstfinancialnews.com/new-zealand-economy-shows-growth-as-us-interest-rates-remain-elevated/

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The Federal Reserve has delivered a message investors did not want to hear, signaling it is in no rush to lower interest rates. History shows that periods of prolonged high...

Read the full article: https://firstfinancialnews.com/fed-signals-caution-on-rate-cuts-rattling-stock-market-investors/

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Investors are bracing for a busy stretch of global events, including high-stakes U.S.-China trade discussions, rate decisions from several major central banks, and fresh readings on economic activity across the...

Read the full article: https://firstfinancialnews.com/a-packed-week-ahead-trade-talks-rate-decisions-and-key-economic-data/

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The Bank of Japan has raised its benchmark interest rate to its highest level since 1995, marking another step in the central bank's slow exit from decades of ultra-loose monetary...

Read the full article: https://firstfinancialnews.com/bank-of-japan-lifts-rates-to-highest-level-in-three-decades-2/

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The Bank of Japan lifted its benchmark interest rate by a quarter of a percentage point to 1.25%, its highest level in decades, and signaled that price pressures could prove...

Read the full article: https://firstfinancialnews.com/bank-of-japan-raises-rates-to-125-warns-inflation-risks-are-tilting/

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U.S. consumer prices dropped in June, pulled down by a sharp decline in gasoline costs, offering some relief for households that have struggled with elevated prices over the past few...

Read the full article: https://firstfinancialnews.com/us-consumer-prices-fall-in-june-as-gasoline-drags-index-lower/

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Government bonds fell broadly as major central banks continued raising interest rates, pushing yields higher and renewing pressure on investors who had hoped the tightening cycle was nearing its end....

Read the full article: https://firstfinancialnews.com/global-bond-sell-off-deepens-as-central-banks-press-ahead-with-rate/

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U.S. stocks recovered ground in recent trading as falling oil prices and easing bond yields gave investors some breathing room, following the Federal Reserve's latest interest rate increase. American equity...

Read the full article: https://firstfinancialnews.com/wall-street-bounces-as-oil-retreats-and-treasury-yields-pull-back-following/

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Stock markets around the world moved in opposite directions after a fresh round of central bank interest rate decisions, reflecting how differently economies are absorbing the weight of tighter monetary...

Read the full article: https://firstfinancialnews.com/global-stock-markets-split-as-central-banks-keep-rate-pressure-on/

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The Bank of England left its benchmark interest rate unchanged at 3.75%, citing continued uncertainty in global energy markets as a key factor keeping inflation elevated in the United Kingdom....

Read the full article: https://firstfinancialnews.com/bank-of-england-holds-rates-at-375-as-energy-costs-keep-inflation/

First Financial News — your daily briefing on the economy and markets. More at firstfinancialnews.com.