Interest Rates
Home rental prices see slowdown as airfare and lodging costs rise
CNBC’s Seema Mody reports on how inflation is affecting domestic and international travel. Source
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rise ahead of key inflation report, after volatile session Traders on the floor of the NYSE, May 10, 2022. Source: NYSE U.S. stock futures rose Wednesday ahead of the first of two key inflation reports […]
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ECB’s Lagarde cements expectations for upcoming rate hike
Lagarde has joined a growing number of ECB policymakers calling for a July rate hike. Picture Alliance | Picture Alliance | Getty Images The European Central Bank is likely to end its bond-buying stimulus programme early in the third quarter of this year, followed by a rate hike that could come just “a few weeks” […]
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Fed’s Waller promises to tackle inflation, says mistakes of the ’70s won’t be repeated
Christopher Waller, U.S. President Donald Trump’s nominee for governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S, on Thursday, Feb. 13, 2020. Andrew Harrer | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller pledged Tuesday that the rate-setting group wouldn’t make the same mistakes on inflation […]
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David Tepper tells Cramer he’s covered his Nasdaq short, thinks selling could be ending
“What he really is focused on, if we get down to [S&P 500] 3,600 to 3,500, he’s not going to be a trader,” David Tepper told Jim Cramer on Tuesday. Source
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5 things to know before the stock market opens Tuesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to rise after S&P 500 hits lowest level in over a year Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2022. Brendan McDermid | […]
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Fed’s Neel Kashkari confident inflation can come down, but not without some pain
Neel Kashkari Anjali Sundaram | CNBC Minneapolis Federal Reserve President Neel Kashkari said Monday he’s confident inflation will come back to normal though it’s taking longer than he expected. Acknowledging that he was on “team transitory” in believing that surging prices wouldn’t last, he said persistent supply-demand imbalances have generated the highest inflation levels in […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Nasdaq futures over drop 2% as stocks continue to sell off Traders on the floor of the NYSE, May 6, 2022. Source: NYSE The Nasdaq was poised to lead Wall Street lower again Monday, with futures tied […]
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Interest rates are surging — here’s how to protect your money
An entire generation is experiencing higher interest rates for the first time in their adult lives. Interest rates have been at historic lows since the global financial crisis — but they’re beginning to creep up. An entire generation of people is experiencing higher interest rates for the first time in their adult lives. Interest rates […]
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Southeast Asia faces a ‘big risk’ of social unrest if food inflation surges, says economist
A supermarket in Indonesia on May 1, 2022. Relative to other countries, food consumption accounts for a large proportion of what people spend on in countries like Indonesia, the Philippines and Vietnam, said economist Mohamed Faiz Nagutha. Adriana Adie | Nurphoto | Getty Images Southeast Asia will face a “big risk” of social unrest if […]
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