Prices
India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases
The newly appointed Reserve Bank of India (RBI) governor Sanjay Malhotra leaves after addressing a press conference, in Mumbai on December 11, 2024. Indranil Mukherjee | Afp | Getty Images India’s central bank will likely cut benchmark interest rates in its policy meeting that’s underway, as easing inflation offers it room to stimulate a faltering […]
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Fed officials are raising concerns about the impact Trump’s tariffs could have on inflation
Austan Goolsbee speaking at Jackson Hole on August 23, 2024. David A. Grogan | CNBC Federal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing their hand. In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding President Donald Trump’s desire to […]
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Asia-Pacific markets set to rise as Wall Street looks past trade developments
Classic Chinese courtyard featuring a stage and red lanterns hanging Jackyenjoyphotography | Moment | Getty Images Asia-Pacific markets were set to mostly climb Wednesday, as Wall Street rose overnight, shrugging off Trump tariffs and China’s retaliation to measures. All eyes will be on China, which will resume trading after the Lunar New Year holidays. The […]
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South Korea consumer inflation rose 2.2% in January, above market expectations
The Seoul skyline. Mongkol Chuewong | Moment | Getty Images South Korea’s consumer inflation quickened to a six-month high in January, government data showed on Wednesday, coming in higher than market expectations on pressure from a weak local currency. The consumer price index (CPI) rose 2.2% from a year earlier, after climbing 1.9% in the previous month, […]
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The Fed could find itself in a policy Catch-22 if tariffs spike inflation and slow growth
Flags outside the Fairmont Royal York in downtown Toronto, Feb. 3, 2025. Andrew Francis Wallace | Toronto Star | Getty Images A complicated scenario is emerging surrounding the tariff drama that could put the Federal Reserve in an uncomfortable Catch-22, unsure whether to use its policy levers to tame inflation or boost growth. With many […]
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Asia-Pacific markets jump as Trump pauses tariffs on Canada and Mexico
Tokyo Tower, Tokyo’s famous landmark, rises high above the skyscrapers in Azabu, Roppongi and Toranomon districts. A tilt-shift lens was used in order to obtain a miniature effect. Krzysztof Baranowski | Moment | Getty Images Asia-Pacific markets rose Tuesday after Donald Trump paused tariffs on Mexico for a month, while Canada also said the U.S. president […]
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In a switch, Trump approves of the Fed’s decision to hold interest rates steady
U.S. President Donald Trump looks on as he signs an executive order in the Oval Office at the White House in Washington, U.S., Jan. 31, 2025. Carlos Barria | Reuters President Donald Trump agreed with the Federal Reserve for its decision last week to leave interest rates unchanged, an early pivot from his previous demand […]
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Europe stocks open in the green to extend record high; traders digest dovish ECB messaging
French inflation held at 1.8% in January French inflation came in at 1.8% in January on a preliminary basis, steady on the previous month, statistics agency Insee reported Friday. Economists polled by Reuters expected a reading of 1.9%. The figure is adjusted for comparison with other euro zone countries. National German inflation figures are due […]
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Japan stocks set to rise while Aussie market opens higher, as Wall Street rises
Crowded and busy Ameyoko shopping street in Tokyo, Japan Visualspace | E+ | Getty Images Japan stocks were set to rise Friday after Wall Street rose overnight as investors assessed Big Tech earnings. Futures for Japan’s benchmark Nikkei 225 in Chicago were at 39,715, while their counterpart in Osaka last traded at 39,580, against the […]
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Watch: ECB President Christine Lagarde speaks after rate decision
[The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision. Follow CNBC’s ECB live blog here. The European Central Bank announced a 25-basis-point […]
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