BOJ ups rate to 0.25%; U.S. stocks fall
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed…
‘Get on with it’: Why the Fed’s first rate cut wouldn’t be that big of a deal
A version of this post first appeared on TKer.coThe calls for the Federal Reserve to begin cutting interest rates sooner…
10-year Treasury yield hovers around 4% as traders evaluate Fed decision
The 10-year U.S. Treasury yield sat around the key 4% level Wednesday afternoon after Federal Reserve chair Jerome Powell said…
Jackson Hole Might Reveal Potential Divergence Between Central Banks
This year’s Jackson Hole Economic Symposium may provide an early indication of the scale of the potential divergence between central…
ECB to Lift Rates With Services Inflation, Wage Growth Still Strong
The stickiness of services inflation and the strength in wage growth remain a key worry for the European Central Bank,…
BOE Could Raise Interest Rates 50 Basis Points in September
The Bank of England could raise the bank rate by 50 basis points at its September meeting, depending on U.K.…
China’s Central Bank Cuts Two Key Policy Rates
China’s central bank on Tuesday cut a set of policy rates, signaling a that the country’s benchmark lending rates will…
Fed Likely to Start Cutting Rates in Second Quarter of 2024
Economists at Goldman Sachs say their baseline forecast calls for the Federal Reserve to start cutting the fed-funds rate in…
U.K. Recession Likely Despite Second-Quarter Growth
The U.K. is avoiding a recession for now but a contraction may lie ahead, Ruth Gregory, deputy chief economist at…
BOE Unlikely to Pause Rate Hikes Just Yet
September is probably too soon for a pause in the Bank of England’s cycle of raising interest rates, ING economist…