Central banking

Watch live: ECB President Christine Lagarde speaks after opting to hold rates

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European Central Bank holds interest rates steady after 10 consecutive hikes

The European Central Bank ended its run of interest rate hikes on Thursday, despite new upside risks to inflation from…

‘Incredible alpha opportunities’ in the year ahead despite headwinds, says Carlyle Group CEO Harvey Schwartz

Several of Wall Street’s biggest names convened in Riyadh, Saudi Arabia, for the kingdom’s annual Future Investment Initiative, during which…

Jamie Dimon rips central banks for being ‘100% dead wrong’ on economic forecasts

JPMorgan Chase CEO Jamie Dimon on Tuesday warned about the dangers of locking in an outlook about the economy, particularly…

Stakes raised for Powell speech Thursday with 10-year yield on cusp of 5%. Here’s what he could say

Federal Reserve Chair Jerome Powell is set to deliver what could be a key policy address, with markets bracing that…

Fed’s Waller says officials can ‘wait, watch and see’ before acting on interest rates

Federal Reserve Governor Christopher Waller on Wednesday indicated the central bank can afford to hold off on interest rate increases…

Top economists unanimous on ‘higher for longer’ rates as inflation threats linger

Top economists and central bankers appear to be in agreement on one thing: interest rates will stay higher for longer,…

Watch: IMF’s Georgieva and other leaders discuss debt relief and reforms on CNBC panel

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Fed officials see ‘restrictive’ policy staying in place until inflation eases, minutes show

Federal Reserve officials at their September meeting differed on whether any additional interest rate increases would be needed, though the…

Inflation is ‘always going to be a risk’ with the U.S. economy now fundamentally changed, ADP chief economist says

Inflation is “always going to be a risk” in the U.S. due to structural changes in the labor market, according…