Some market pros believe the Federal Reserve may be more willing to risk recession with accelerated interest rate hikes after May’s super-hot inflation report.
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Markets expect the Fed will now be more willing to risk recession to fight hot inflation
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Bank of Japan is poised to raise rates to a 30-year high despite economic weakness
Kazuo Ueda, governor of the Bank of Japan (BOJ), gestures to speak during a budget committee session at the lower house of parliament in Tokyo, Japan, on Tuesday, Dec. 9, 2025. Ueda said the recent pace of increases in Japans long-term bond yields is “somewhat fast,” while adding that long-term yields should be determined by […]
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BP names new CEO — its fourth in 6 years
British oil giant BP has appointed Woodside Energy boss Meg O’Neill as its next CEO, replacing Murray Auchincloss after less than two years in the role. Auchincloss will step down today, with Carol Howle, BP’s executive vice president for supply, trading and shipping set to serve as interim CEO until O’Neill takes over the role […]
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CNBC’s Inside India newsletter: Why the India-U.S. trade deal remains elusive
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story India-U.S. relationship looked set to reach new heights at the start of 2025. Prime Minister Narendra Modi was among the earliest foreign leaders to meet the newly elected […]
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