Prices
European stocks open mixed with Fed decision, Middle East conflict in focus
Sweden’s central bank cuts interest rate to 2% Sweden’s central bank cut its key interest rate by 25 basis points on Wednesday to 2% amid weakening inflation, but pointed to geopolitical risks ahead. “The economic recovery that began last year has lost momentum, and inflation is expected to be somewhat lower than in the previous […]
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UK inflation lingers at 3.4% in May, bolstering case for interest rate hold
Bags of potatoes grown in the United Kingdom at the D & F McCarthy Ltd. fresh fruit and vegetable wholesaler in Norwich, UK, on Tuesday, Feb. 28, 2023. An acute shortage of salad items on UK supermarket shelves has sparked a political debate, with some people in the industry blaming Brexit while others say its […]
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The Fed is likely to keep rates the same but give a forecast that moves markets. What to expect
Federal Reserve Chair Jerome Powell. Chip Somodevilla | Getty Images Federal Reserve officials get to voice their outlook this week on the future path of interest rates along with the impact that tariffs and Middle East turmoil will have on the economy. While any immediate movement on interest rates seems improbable, the policy meeting, which […]
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Asia-Pacific markets trade mixed as investors assess Israel-Iran conflict; BOJ stands pat on rates
Sunset at Shinjuku , Tokyo – Japan. Xavierarnau | E+ | Getty Images Asia-Pacific markets traded mixed Tuesday, as investors assessed the Israel-Iran conflict after U.S. President Donald Trump urged “everyone” to immediately evacuate Tehran. The president subsequently left the Group of Seven summit a day earlier due to the Middle East crisis. Fitch Ratings […]
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Asia-Pacific markets set to open subdued as Israel-Iran tensions dent investor sentiment
Beijing Central Business District, mix of offices and apartments Ispyfriend | E+ | Getty Images Asia-Pacific markets were set to open subdued Monday, as the escalating Israel-Iran tensions weigh down investors’ sentiment. Oil prices jumped as Israel and Iran exchanged strikes, while gold prices rallied, as investors sought refuge in the safe haven metal with […]
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Yellen expects Trump’s tariffs will hike inflation to 3% year over year
Former Treasury Secretary Janet Yellen predicts President Donald Trump’s tariffs will cause prices to rise and average household income to fall, despite a slowing trend in the U.S. inflation rate. “I would expect inflation, on a year-over-year basis of this year, to shoot up to at least 3%, or slightly over, because of the tariffs,” […]
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CNBC’s Inside India newsletter: From Shein to iPhones: India’s manufacturing moment is here
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. Each weekday, CNBC’s “Inside India” news show gives you news and market commentary on the emerging powerhouse […]
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UK economy shrank sharply in April as Trump tariffs and tax rises kicked in
U.S. President Donald Trump \with British Prime Minister Keir Starmer in the Oval Office at the White House in Washington, D.C., U.S., on Feb. 27, 2025. Kevin Lamarque | Reuters The U.K. economy shrank sharply in April as global trade tariffs and domestic tax rises kicked in, data showed Thursday. The latest monthly growth figures […]
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European stocks fall; FTSE 100 choppy after UK economy shrinks more than expected
UK assets steady after weak economic data The British pound was roughly flat against the U.S. dollar, though dipped 0.3% against the euro after the national statistics office said the U.K. economy contracted 0.3% in April while the country’s trade deficit widened. Stock Chart IconStock chart icon British pound/U.S. dollar. Yields on U.K. government bonds […]
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CNBC Daily Open: Good news on U.S. trade and inflation isn’t lifting markets
A cargo ship at Qingdao Port in Shandong Province, China, on June 9, 2025. Cfoto | Future Publishing | Getty Images Consumer prices in the U.S. have been benign since February, and the May reading continues that trend, according to the Bureau of Labor Statistics’ consumer price index report released Wednesday. Meanwhile, the May jobs […]
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