Interest Rates
CNBC Daily Open: Can’t wait until 2% to start cutting rates
A “Now Hiring” sign is displayed on a storefront in Adams Morgan Neighborhood on October 07, 2022 in Washington, DC. Anna Moneymaker | 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 need to know, […]
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Atlanta Fed President Bostic says officials can’t wait for inflation to hit 2% before cutting
speaking at Jackson Hole on August 23, 2024. David A. Grogan | CNBC Atlanta Federal Reserve President Raphael Bostic signaled Wednesday that he is ready to start lowering interest rates even though inflation is still running above the central bank’s target. Previously one of the more hawkish policymakers, or in favor of tighter policy to […]
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Goldman issues warning on how quickly market confidence has recovered from an August stocks slump
Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 23, 2024. Angela Weiss | AFP | Getty Images The speedy return of market confidence following a dramatic global sell-off in risky assets should be seen as a cause for concern, according to the head of asset allocation research […]
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CNBC Daily Open: Everyone’s waiting for Nvidia
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. Angela Weiss | AFP | 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, […]
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Bank of Japan to begin initial research to include wage trends in ‘tankan’ business survey
Pedestrians walk past the northern entrance to the Bank of Japan (BOJ) headquarters in Tokyo, Japan. Tomohiro Ohsumi | Bloomberg | Getty Images The Bank of Japan (BOJ) said on Tuesday it would start preliminary research on including wage-related items in its quarterly “tankan” business survey to more accurately reflect wage trends in the country’s monetary policy. The central bank plans […]
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Copper prices near six-week high as one strategist says the ‘worst of the correction is over’
Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday, May 6, 2022. Bloomberg | Bloomberg | Getty Images Copper prices on Tuesday rose to an almost six-week high, supported by fresh investor demand and market optimism over the potential for imminent […]
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CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. Angela Weiss | AFP | 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, […]
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Why dividend stocks should be a hot play into fall
ETF Edge Why dividend stocks should be a hot play into fall Published Sat, Aug 24 202411:00 AM EDT Ellie Stevens@elliestevens02 WATCH LIVE Source
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How investors can prepare for lower interest rates: It’s ‘like getting a haircut,’ advisor says
Key Points Federal Reserve chair Jerome Powell signaled on Friday that lower interest rates are ahead. It would be the first time the central bank cut rates since the beginning of the Covid-19 pandemic. Investors likely shouldn’t do much to prepare for that shift, advisors said. They can expect lower-risk assets like cash and short-term […]
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Bank of England’s Bailey: ‘More restrictive policy’ could still be needed due to labor market shocks
Andrew Bailey, governor of the Bank of England, waits to deliver a lecture at the London School of Economics in London, UK, on Tuesday, May 21, 2024. Bloomberg | Bloomberg | Getty Images Bank of England Governor Andrew Bailey will hail the progress made in dampening inflation in the U.K. in a Friday speech, but […]
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