Interest Rates
Fed minutes show divide over October rate cut and cast doubt about December
Key Points While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less certain. Disagreements stretched into the outlook for December, with officials expressing skepticism about the need for an additional cut that markets had been widely anticipating, with “many” saying that no more cuts are needed at least […]
Read More
Asia-Pacific markets track Wall Street declines as tech-led sell-off deepens
Eschcollection | Digitalvision | Getty Images Asia-Pacific markets mostly fell Wednesday, tracking Wall Street declines as concerns about artificial intelligence valuations continued to pressure tech stocks. Japan’s benchmark Nikkei 225 index fell 0.36% at the open, while the Topix index lost 0.26%. Technology sector dragged the Nikkei 225 index lower in early trading, led by […]
Read More
CNBC Daily Open: We could still close the year with a rally despite AI slump
The Nasdaq Composite dropped 0.84% Monday stateside as technology stocks were under pressure, with Apple, Meta and Oracle retreating more than 1% each. Artificial intelligence lynchpin Nvidia performed worse, losing almost 2%. CEO Jensen Huang in October said the chipmaker had “half a trillion dollars” of business on the books for 2025 and 2026. When […]
Read More
Former Fed Gov. Adriana Kugler violated trading rules while at central bank: ethics report
Adriana Kugler testifies before a Senate Banking Committee hearing on her nomination to be a member of the Federal Reserve Board of Governors, on Capitol Hill in Washington, U.S., June 21, 2023. Jonathan Ernst | Reuters Former Federal Reserve Board Gov. Adriana Kugler, in 2024, broke the central bank’s rules regarding stock trading, according to […]
Read More
Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts
Key Points Federal Reserve Chair Jerome Powell wasn’t kidding a couple weeks ago when he said a December rate cut wasn’t in the bag. Whereas traders as recently as a few days ago were pricing in at least a 2-to-1 probability of a quarter percentage point cut, that’s now flipped to a coin toss. As […]
Read More
Asia markets mostly rise as Dow tops 48,000 for first time; traders eye U.S. government reopening
View of the Skytree from Ueno and Asakusa in Tokyo Jackal Pan | Moment | Getty Images Asia-Pacific markets mostly rose Thursday, following mixed trading on Wall Street as investors kept an eye on the U.S. government, which appeared poised to reopen as soon as the end of the week. Japan’s benchmark Nikkei 225 index […]
Read More
Boston Fed President Collins advocates holding rates steady, sees ‘high bar’ for further cuts
Key Points Boston Fed President Susan Collins said she will be reluctant to support further rate cuts anytime soon with inflation still high and policymakers hampered by a lack of data. “I see several reasons to have a relatively high bar for additional easing in the near term,” said Collins, a voter this year on […]
Read More
India inflation cools more than expected in October, boosting hopes for further rate cuts
A man pushes a trolley inside a supermarket in Mumbai, India, on September 7, 2025. (Photo by Indranil Aditya/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images India’s consumer inflation cooled to 0.25% in October, strengthening hopes of more policy easing by the Reserve Bank of India. The headline inflation number was below estimates […]
Read More
Asia-Pacific markets set to open mixed after Wall Street gains on revived AI trade
A landscaped Sunset shot over Osaka toward the Dojima River, we see the modern city skyline of Osaka in the shot, this is a beautiful shot of the sunset with beautiful orange colors, over the modern city. ©Fitopardo | Moment | Getty Images Asia-Pacific markets were set to open mixed Tuesday, after Wall Street gained […]
Read More
Miran says half-point cut ‘appropriate’ for December, but Fed should at least reduce by a quarter point
Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025. CNBC Federal Reserve Governor Stephan Miran on Monday advocated for further interest rate cuts as a way stave off a potential economic softening ahead. In a CNBC interview, the central bank official held to his belief that […]
Read More