Interest Rates
Bank of Japan likely to stay course with a rate hike in December or January, analysts say
After a messy election, the Bank of Japan decided to hold its benchmark policy rate at 0.25%, as expected. But analysts say that the central bank’s focus on normalizing monetary policy — raising rates — remains unchanged. The BOJ board maintained its three-year inflation projections with minor adjustments, signaling that the economy is progressing in […]
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CNBC Daily Open: Everyone gave Reddit an upvote
The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening Bell®. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where […]
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CNBC Daily Open: Everyone loves Reddit
Reddit logo on website. Jakub Porzycki | Nurphoto | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to know today […]
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Morgan Stanley CEO says the era of zero interest rates and inflation ‘is over’
Ted Pick, co-president of Morgan Stanley, speaks during a Bloomberg Television interview in New York, US, on Thursday, Oct. 26, 2023. Jeenah Moon | Bloomberg | Getty Images RIYADH — The days of easy money and zero interest rates are firmly in the past, Morgan Stanley CEO Ted Pick said Tuesday, speaking at a panel […]
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Larry Fink says the Fed won’t cut interest rates as much as markets expect this year
Andrew Ross Sorkin speaks with BlackRock CEO Larry Fink during the New York Times DealBook Summit in the Appel Room at the Jazz at Lincoln Center in New York City on Nov. 30, 2022. Michael M. Santiago | Getty Images The U.S. Federal Reserve won’t cut interest rates as much as markets expect because “embedded […]
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CNBC Daily Open: Treasury yields are making a return, like an uninvited ex
Specialist traders work inside a post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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CNBC Daily Open: Treasury yields have made a return, like an unwelcome ex
Specialist traders work inside a post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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South Korea’s economy barely grows in third quarter, missing expectations
Shoppers at the shopping street in Hongdae district in Seoul, South Korea, on Saturday, July 2, 2022. Woohae Cho | Bloomberg | Getty Images South Korea’s economy barely grew in the third quarter, missing market expectations, as consumer spending rebounded but exports fell. In the July-September quarter, gross domestic product expanded 0.1% from a quarter earlier on a […]
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European Central Bank policymakers split on the need for jumbo rate cuts as growth concerns take over
A cyclist drives along a road under a railway bridge near the headquarters of the European Central Bank (ECB) in Frankfurt am Main, western Germany, on July 18, 2024, ahead of an ECB press conference on the Eurozone’s monetary policy. Kirill Kudryavtsev | Afp | Getty Images Policymakers at the European Central Bank are split […]
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CNBC Daily Open: The economy and inflation might stay strong
Shoppers make their way through the Miami Design District featuring stores from many luxury fashion names on December 14, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they […]
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