Money

Central banks struggle with economic uncertainty and rates

Central banks face challenges amid economic uncertainty, impacting policy decisions and investor confidence worldwide.

Published

3 weeks ago

June 20, 2025

Ahron Young

Central banks face challenges amid economic uncertainty, impacting policy decisions and investor confidence worldwide.

In Short:
Central banks are grappling with economic uncertainty, prompting various interest rate cuts globally to stimulate growth. Many central banks, including those in Norway, Sweden, and Japan, are adjusting rates in response to inflation and trade concerns, while others like the Federal Reserve and the Bank of England are considering future cuts.

Central banks are facing significant uncertainty concerning economic growth and inflation, making their policy decisions increasingly challenging as they approach the end of their rate-cutting cycles.

This uncertainty is also impacting investors. Recently, Norway’s central bank surprised markets with an interest rate cut, while the U.S. Federal Reserve cautioned against relying heavily on its policy projections.

The Swiss National Bank responded to decreasing inflation and economic unpredictability by reducing its benchmark rate to 0% but may consider further cuts. The Bank of Canada has maintained its rate at 2.75%, suggesting a potential future cut in light of tariffs affecting the economy.

Sweden’s central bank cut its key rate as well, aiming to stimulate growth amid weak price pressures.

In New Zealand, expectations are for rates to remain steady after a recent reduction to protect its economy from global trade uncertainties. The European Central Bank has also cut rates, considering further adjustments to meet inflation goals.

The Federal Reserve is keeping rates steady, although further cuts are anticipated due to low inflation. In Britain, the Bank of England held rates but may continue cuts in response to weak labour indicators.

The Reserve Bank of Australia is prepared for rate cuts due to weak growth data and trade tensions, while Norway’s central bank has been cautious with its recent decision. The Bank of Japan remains the only bank in a tightening phase, balancing escalating tensions and tariff concerns with its monetary policies.

Money

Trump’s ‘big beautiful bill’ passes Senate

Trump’s tax and spending bill passes Senate 51-50; faces House vote amid concerns over inequality and support cuts.

Published

6 days ago

July 2, 2025

ticker NEWS

Trump’s tax and spending bill passes Senate 51-50; faces House vote amid concerns over inequality and support cuts.

President Trump’s sweeping tax and spending bill has narrowly passed the U.S. Senate 51-50, with Vice-President JD Vance breaking the tie.

The bill promises big tax breaks, military boosts, and immigration crackdowns, while slashing support for Medicaid and low-income aid, a move critics say risks deepening inequality.

All eyes now turn to the House vote, where Trump’s political clout will face a fresh test.

#Trump #BigBeautifulBill #USPolitics #TickerNews

Money

Nike stock surges 17% after promising turnaround update

Nike’s stock surged 17% after CEO reassured investors of an imminent recovery despite ongoing challenges and inventory issues.

Published

1 week ago

June 28, 2025

Ahron Young

Nike’s stock surged 17% after CEO reassured investors of an imminent recovery despite ongoing challenges and inventory issues.

In Short:
Nike’s stock rose 17% after a better-than-expected earnings report, despite a difficult fourth quarter. CEO Elliott Hill expressed optimism for future improvements due to new strategies, including better product launches and enhanced relationships with retail partners.

Nike’s stock experienced a 17% increase on Friday following an earnings report that exceeded expectations, indicating the company is moving past its recent challenges.

The fourth-quarter report revealed substantial declines, including a 12% drop in sales and an 86% decrease in net income. However, CEO Elliott Hill reassured investors that the worst is over and improvements are anticipated in upcoming quarters.

Despite a poor fourth quarter, Hill emphasised the effectiveness of the ‘Win Now’ turnaround plan initiated 90 days ago. Initial reactions to the earnings report were negative, but optimism grew during the earnings call, leading to a significant rise in stock value.

Product launches

Hill also highlighted advancements in product launches and efforts to rebuild relationships with wholesale partners as central to the company’s strategy. Nike has re-engaged with Amazon for product sales and made strides in appealing to female consumers, evidenced by successful launches in women’s shops.

Following positive remarks from several banks, including HSBC upgrading Nike’s stock rating, the company’s outlook became more promising. HSBC raised its price target for Nike, indicating potential growth.

Money

Markets reel as Fed chair faces pressure

U.S. dollar hits three-year low; speculation grows over Powell’s future amid concerns of Trump’s potential interference.

Published

2 weeks ago

June 27, 2025

ticker NEWS

U.S. dollar hits three-year low; speculation grows over Powell’s future amid concerns of Trump’s potential interference.

The U.S. dollar has plunged to a three-year low, and all eyes are on Federal Reserve Chair Jerome Powell amid swirling speculation about his future.

Markets are reacting to fears President Trump could replace Powell before his term ends, or worse, install a “shadow chair” to quietly override Fed decisions.

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#JeromePowell #FederalReserve #USDollar #Trump #markets #InterestRates #tickernews