Prices
Gold and silver sell-off accelerates as inflation fears grip global markets
Gold and silver joined a broad sell-off on Thursday, with the metals shedding around 5% and 10%, respectively, as fears about the Iran war and inflation gripped global markets. At 8:43 a.m. ET, spot gold was down 4.9% at just over $4,600 an ounce. Front-month gold futures were down 5.8% at $4,612. Stock Chart IconStock […]
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European stocks tumble 2% as Iran war intensifies; miners lead losses
Vadimrysev | Istock | Getty Images LONDON — European stocks slumped on Thursday as the Iran war escalated further following attacks on Iranian and Qatari energy infrastructure. The pan-European Stoxx 600 was down 2.1% as of 12:10 p.m. in London (8:10 a.m. ET), with all major bourses in negative territory and all sectors except for […]
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The Fed decision, Micron earnings, Amazon’s USPS contract and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. I’m back after a long weekend skiing in Colorado, just in time for yesterday’s Federal Reserve meeting. Stock futures are lower this morning. The three major indexes are coming off a losing day. Here are five key things investors need […]
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Europe’s central banks are no longer in a ‘good place’ as Iran war upends forecasts
A projection of a Euro currency sign is pictured on the facade of the European Central Bank (ECB) headquarters in Frankfurt am Main, western Germany, on Dec. 30, 2025. Kirill Kudryavtsev | Afp | Getty Images Before the war on Iran began in late February, Europe’s central banks enjoyed a more benign inflation outlook as […]
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Bank of Japan keeps rates steady as expected, warns Iran war may push up inflation
The Bank of Japan (BOJ) headquarters is seen beyond the cherry blossoms in Tokyo on March 20, 2023. Kazuhiro Nogi | Afp | Getty Images The Bank of Japan on Thursday kept its rates steady at 0.75% as expected, but noted that inflation risks now are tilted to the upside due to the Iran war. […]
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Asia markets track Wall Street losses as Iran war fuels energy worries; BOJ rate decision on deck
The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Thursday, Oct. 31, 2024. The Bank of Japan kept its benchmark interest rate unchanged. Getty Images Asia-Pacific markets dipped on Thursday, tracking losses on Wall Street that saw the Dow Jones Industrial Average touch a new closing low for the year. The Federal Reserve held […]
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Here are the five key takeaways from this week’s Fed meeting
Key Points Federal Reserve policymakers kept their key interest rate at a range of 3.5% to 3.75% at the conclusion of their March meeting. At his press conference, Fed Chair Jerome Powell faced questions about the oil price shock since the Iran war. The Fed’s dot plot suggests a rate cut could be in the […]
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Analysis: The Fed’s Powell just delivered a new blow to Warsh’s plans for swift rate cuts
US Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Market Committee meeting at the Federal Reserve Board Building in Washington, DC, on March 18, 2026. Brendan Smialowski | AFP | Getty Images Federal Reserve chair nominee Kevin Warsh wants to lower interest rates. Fed officials signaled Wednesday that it […]
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Dow tumbles 600 points to session low as inflation fears hurt stocks: Live updates
A television station broadcasts the Federal Reserve’s decision to hold rates after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, March 18, 2026. Michael Nagle | Bloomberg | Getty Images Stocks sold off on Wednesday after new U.S. economic data […]
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Fed still expects to cut rates once this year despite spiking oil prices
Key Points The Federal Reserve’s so-called dot plot showed a median estimate of 3.4% for the federal funds rate at the end of 2026, the same as what it had projected at the end of last year. However, a closer look at the overall dot plot showed the balance of projections moved toward fewer reductions. […]
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