Prices
Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts
Shoppers carry Macy’s and Nordstrom bags at Broadway Plaza in Walnut Creek, California, US, on Monday, Dec. 16, 2024. The Bureau of Economic Analysis is scheduled to release personal spending figures on December 20. David Paul Morris | Bloomberg | Getty Images While the impact so far this year has been muted, tariffs are expected […]
Read More
Powell forced to stave off uprisings in markets and on his own Fed board as his term ends
Key Points Fed Chair Jerome Powell will have to steer his way through a suddenly very contentious atmosphere among policymakers that will make whichever direction the Fed chooses divisive. While Wall Street economists were split over whether the FOMC will in fact approve another reduction at the Dec. 9-10 meeting, they were in agreement that […]
Read More
European Central Bank holds rates steady as economy shows resilience
The European Central Bank has kept interest rates on hold, as expected, at its latest meeting on Thursday. The central bank held its key deposit facility rate at 2% for the third consecutive time, having last cut rates in June. The trim, which coincided with euro zone inflation hitting the ECB’s target rate of 2%, was […]
Read More
Euro zone economy ekes out 0.2% growth in the third quarter
Pedestrians wear protective face masks while passing stores and cafes on Rue Montorgueil in Paris, France, on Wednesday, Aug. 26, 2020. Bloomberg | Bloomberg | Getty Images The euro zone economy eked out 0.2% growth in the third quarter, just beating expectations, according to flash data from Eurostat on Thursday. Economists polled by Reuters had anticipated the bloc’s […]
Read More
European markets open in negative territory ahead of earnings, growth data and ECB decision
General view of Amsterdam’s city center. Nurphoto | Nurphoto | Getty Images LONDON — European stocks were lower on Thursday as regional investors await more corporate earnings, the latest growth data and a European Central Bank rate decision. The pan-European Stoxx 600 was 0.1% lower at 8:55 a.m. in London (4:55 a.m. ET). The U.K.’s […]
Read More
10-year Treasury yield surges back above 4% after Powell says December rate cut far from certain
Treasury yields gained even after the Federal Reserve cut rates for a second time this year as central bank chief Jerome Powell indicated another easing in December was far from certain. The benchmark 10-year Treasury yield was 7 basis points higher at 4.054%. The 2-year Treasury note yield added 9 basis points to 3.582%. The 30-year bond yield rose 5 basis points […]
Read More
There were two Fed dissenters: Miran wanted a bigger cut and Schmid voted for no easing at all
Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025. Aaron Clamage | CNBC There were two dissenters from the Federal Reserve’s decision to lower the federal funds rate by a quarter percentage point on Wednesday, in two different directions. Federal Reserve Governor Stephen Miran instead called […]
Read More
Trump ‘losing’ trade war with China going in to Xi meeting, Senate Democrats say in report
U.S. Sen. Elizabeth Warren (D-MA) during a Senate Finance Committee hearing in the Dirksen Senate Office Building on April 8, 2025 in Washington, DC. Kayla Bartkowski | Getty Images President Donald Trump is “losing a self-inflicted trade war” with China, leaving the United States with a “weak hand” going into his meeting with Chinese President […]
Read More
Nvidia’s day of deals, the Fed decision, Boeing earnings and more in Morning Squawk
Jensen Huang, chief executive officer of Nvidia Corp., during a Bloomberg Television interview at the Nvidia AI summit in Washington, DC, US, on Tuesday, Oct. 28, 2025. Kent Nishimura | Bloomberg | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to […]
Read More