Prices
Ken Griffin says more tariff impact on inflation is still ahead, Fed should be independent
Billionaire Wall Street titan Ken Griffin believes the full impact of tariffs on inflation have not been felt yet, and he only sees one more rate cut from the Federal Reserve this year. The founder and CEO of Citadel said Thursday only about half of the inflationary impact from President Donald Trump’s wide-spreading levies on […]
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Swiss central bank says tariffs are a ‘major challenge’ as deal with U.S. remains elusive
The Swiss National Bank (SNB) in Bern, Switzerland, on Thursday, Dec. 12, 2024. Stefan Wermuth | Bloomberg | Getty Images The Swiss National Bank said Thursday that tariffs on goods to the U.S. present a “major challenge” for exporters, with its economy set to take a hit. The country has swallowed some of the highest […]
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European stocks open lower ahead of U.S. jobs data; H&M surges on earnings beat
Europe-listed stocks opened lower on Thursday, as investors await the latest U.S. jobs data. The pan-European Stoxx 600 was 0.6% lower by 8:14 a.m. in London (3:14 a.m. ET), with most sectors in negative territory. Retail was a bright spot, with the Stoxx Europe 600 Retail index adding 0.6% in early trade. Fashion retail giant […]
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St. Louis Fed President Musalem sees ‘limited room’ for more interest rate cuts
Key Points St. Louis Fed President Alberto Musalem on Monday reiterated his support for last week’s interest rate cut but said he is wary about going much further. “I believe there is limited room for easing further without policy becoming overly accommodative, and we should tread cautiously” on further reductions, he said. Source
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CNBC Daily Open: Hindsight could give the Fed a stern lesson on its rate cut
U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters The U.S. personal consumption expenditures price index for August comes out Friday. The Federal Reserve will hope the report shows […]
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CNBC Daily Open: U.S. inflation report on Friday will tell if rate cut was a good idea
Federal Reserve Chairman Jerome Powell talks with reporters following the regular Federal Open Market Committee meetings at the Fed on July 30, 2025 in Washington, DC. Chip Somodevilla | Getty Images The U.S. personal consumption expenditures price index for August comes out Friday. The Federal Reserve will hope the report shows headline inflation is either […]
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Global week ahead: There’s hope for Europe’s comeback
CNBC is on the road this week to assess if Europe’s economic recovery is intact. Source
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Miran says he doesn’t see tariffs causing inflation, putting him in minority on Fed committee
Key Points Federal Reserve Governor Stephen Miran told CNBC Friday that he doesn’t anticipate President Donald Trump’s tariffs will cause inflation. The governor also said that he believes Trump’s border policies will give rise to disinflation. Earlier this week, Miran dissented against the central bank cutting its key interest rate by a quarter percentage point. […]
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Japan’s Nikkei 225 erases gains to trade lower after BOJ keeps interest rate steady
People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Japan’s benchmark Nikkei 225 index pared gains to fall 0.57% Friday, after the Bank of Japan kept its policy rate steady at 0.5%, in line with the forecast from a Reuters poll of economists. The benchmark index had hit a fresh record […]
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Germany was billed as Europe’s growth driver. Now economists are saying: Not so fast
German Chancellor Friedrich Merz addresses the Bundestag during a debate over the 2025 federal budget on September 17, 2025 in Berlin, Germany. Nadja Wohlleben | Getty Images News | Getty Images Huge investment pledges and major fiscal changes had bolstered hopes that Germany could give the euro zone economy a much-needed boost, but economists are […]
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