Prices
Fed cuts by a quarter point, indicates fewer reductions ahead
WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive reduction and one that came with a cautionary tone about additional reductions in coming years. In a move widely anticipated by markets, the Federal Open Market Committee cut its overnight borrowing rate to a target […]
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Renault shares rise 5% after reports of Nissan-Honda merger talks; European stocks mixed
France has not respected fiscal rules for decades, economist says Financial markets have allowed countries like France to get away with disrespecting the euro zone’s fiscal rules for too long, economist Raphael Gallardo told CNBC Wednesday. France is among a number of euro zone member states that have failed to meet the single currency union’s […]
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Europe’s economy faces a bumpy ride in 2025. Here are 5 things to watch
For the price of a 500 square foot apartment in NYC, you can get a property over 2,000 square feet in Madrid, Spain, according to My Dolce Casa. Alexander Spatari | Moment | Getty Images Between political upheaval, some weak economic data and warnings about falling short of its growth potential, Europe’s had a tough […]
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Asia markets open mixed following losses on Wall Street; Japan trade data in focus
Containers at a shipping terminal in Yokohama, Japan on Oct. 18, 2021. Japan’s trade deficit surged in September as imports overwhelmed export growth. Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets opened mixed on Wednesday, following losses on Wall Street that saw the Dow Jones Industrial Average tumble for a ninth straight day. Investors in Asia […]
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Here’s what we now know about the European Central Bank’s rate cut plans
The European Central Bank delivered an expected quarter-point interest rate cut this week — and alongside the announcement came several indications that rates will swiftly move even lower early next year. ECB President Christine Lagarde did note during her Thursday press conference that policymakers gathered in Frankfurt did not believe the fight against inflation is […]
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Russia braced for mammoth rate hike amid fears it’s losing the battle against inflation
A customer with a cart chooses cheese at the Okey supermarket in St. Petersburg. Sopa Images | Lightrocket | Getty Images Russia’s central bank is expected to carry out a mammoth rate hike later this week as inflation continues to soar in the war-focused economy. Russia’s consumer price index continues to rise despite repeated rate […]
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Bank of Japan expected to keep rates on hold this week — CNBC survey
A Japanese national flag flies while a pedestrian walks past the Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Monday, Sept. 14, 2020. Kiyoshi Ota | Bloomberg | Getty Images The Bank of Japan (BOJ) is likely to keep its benchmark interest rate unchanged this week as it awaits greater clarity on domestic wages […]
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Asia markets mostly rise as central bank decisions take the spotlight
View of the headquarters of the Bank of Japan in Tokyo. Sopa Images | Lightrocket | Getty Images Asia-Pacific markets mostly climbed on Monday, with investors looking to several major central back decisions due this week including the Bank of Japan and the People’s Bank of China. The Federal Reserve’s decision on Dec. 18 stateside […]
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European markets slip as investors react to economic data; French stocks edge higher as new prime minister named
French government bond yields creep upward as Bayrou named prime minister Journalists work outside the Élysée Palace after French president Macron named centrist Francois Bayrou as Prime Minister in Paris on Dec. 13, 2026. Bertrand Guay | Afp | Getty Images Yields on French government bonds ticked higher on Friday, after the country’s President Emmanuel […]
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CNBC Daily Open: Inflation’s hot, but so are markets this year
Employees work at stations on the factory floor of Vanson Leathers, in their New Bedford factory, on Sept. 26. Lane Turner | Boston Globe | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter […]
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