Inflation
Watch Fed Chair Powell’s full policy speech at Jackson Hole
Federal Reserve Chair Jerome Powell delivered his annual address Friday morning at the central bank’s annual symposium in Jackson Hole, Wyoming. He indicated that conditions ‘may warrant’ interest rate cuts as the Fed proceeds ‘carefully.’ Markets have been looking to Powell to provide strong hints about a September interest rate cut. For their part, the […]
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Japan reports hotter-than-expected core inflation for July — but lowest since March as rice prices ease
Residential and commercial properties near the Shibuya district of Tokyo on May 4, 2023. Richard A. Brooks | Afp | Getty Images Japan’s core inflation rate cooled to 3.1% in July, coming down from 3.3% the month before as rice inflation continued to ease. The figure — which strips out costs for fresh food — […]
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Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’
Fast Money Former Walmart U.S. CEO Bill Simon questions stock drop: ‘It was about as good of a quarter as any retailer could have in any environment’ Published Thu, Aug 21 20257:37 PM EDT Stephanie Landsman@stephlandsman WATCH LIVE Source
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Divided Fed worried about tariffs, inflation and the labor market, minutes show
Key Points The meeting summary depicted a divergence of opinion among the central bankers, whose vote to hold their key rate steady came despite objections from two Fed governors who argued in favor of cutting. “Participants generally pointed to risks to both sides of the Committee’s dual mandate, emphasizing upside risk to inflation and downside […]
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Fed’s Goolsbee sees ‘note of unease’ as central bank looks to next interest rate move
Key Points Chicago Fed President Austan Goolsbee said a mixed bag of inflation data coupled with lingering uncertainty over tariffs have given him some hesitation about lowering interest rates. “We’ve got to get some clarity from the numbers,” Goolsbee, an FOMC voter this year, said during a CNBC interview. Source
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Wholesale prices rose 0.9% in July, much more than expected
Wholesale prices rose far more than expected in July, providing a potential sign that inflation is still a threat to the U.S. economy, a Bureau of Labor Statistics report Thursday showed. The producer price index, which measures final demand goods and services prices, jumped 0.9% on the month, compared to the Dow Jones estimate for […]
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India’s rising middle class will boost the mid-tier hospitality sector, says analyst
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Manishi Raychaudhuri, CEO of Emmer Capital Partners, talks about India’s rising middle class and how that will boost the mid-tier hotel segment over the next decade. He adds job creation and income expectations will remain the most important driver for consumption, noting […]
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CNBC Daily Open: Trump says tariffs haven’t caused inflation — economists think they will soon
Goldman Sachs chairman and CEO David Solomon speaks during Goldman Sachs analyst impact fund competition at Goldman Sachs Headquarters in New York City, U.S., November 14, 2023. Brendan Mcdermid | Reuters Don’t mess with DJ D-Sol — Goldman Sachs CEO David Solomon’s stage name when he’s rocking the clubs in his other life as a […]
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CNBC Daily Open: Despite cooler-than-expected CPI, economists agree higher prices are coming
David Solomon, CEO of Goldman Sachs, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Don’t mess with DJ D-Sol — Goldman Sachs CEO David Solomon’s stage name when he’s rocking the clubs in his other life as a DJ. U.S. President Donald […]
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CNBC Daily Open: The U.S. inflation jump scare is not here — at least not yet
A sale sign inside a clothing store in Artesia, California, U.S. on August 7, 2025. Patrick T. Fallon | Afp | Getty Images Waiting for tariff-induced price increases in the U.S. to show up can feel like watching an M. Night Shyamalan movie. July’s consumer price index came in mostly benign. The headline annual rate […]
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