And almost as expensive due to years of cash flowing in to escape the inflation in neighbouring countries such as Argentina. What’s nicer than an ocean-view apartment to preserve your wealth in real terms?

ECB cuts the deposit rate by a quarter point to 2.75 per cent as expected and offers little shift in tone from December as it continues to move policy away from restrictive territory

After experience of Biden administration, fighting price rises likely to be political priority over targeting economic growth

Yields down, stocks up. After government bonds sold off sharply the week before, buyers were back after favourable inflation prints calmed investors’ nerves in the US and UK in the past week. As far as returning to normal it might be as close as we are going to get for some time.

The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.

The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.”

Looking ahead to 2025, Quest Diagnostics projects revenue in the range of $10.70 billion to $10.85 billion, indicating continuous growth. The adjusted diluted EPS guidance stands between $9.55 and $9.80. This reflects confidence in the business's core strength and strategic initiatives.

The Japanese investment holding company could potentially increase its investment in OpenAI, following the two companies already partnering up for The Stargate Project, which includes other investors such as Oracle and Emirati investment firm MGX.

Today, many countries hold significant amounts of gold in their reserves. Why? This precious metal is often seen as a safe investment, especially in times of economic uncertainty. Central banks store gold to back their currency and ensure financial stability.

As Eurozone inflation has returned to close to target, economic weakness is front of mind at the central bank. Weak household consumption owing to depressed consumer confidence is worrying ECB rate-setters, who now believe there is a growing risk of undershooting the 2 per cent target.

The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.

Claire Jones Exactly. So Trump said after the meeting on the Truth Social platform that the Fed had done very little to fight inflation, that it was something that he would solve and then criticised the Fed’s efforts in other areas. And these had stoked price pressures for US citizens.