Russian central bank surprises markets by holding key rate at 21%
MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time…
Fed cuts rate by a quarter point
WASHINGTON – The Federal Reserve on Wednesday lowered its key interest rate by a quarter percentage point, the third consecutive…
If Trump wants to kill inflation, the first thing he needs to do is get more homes built
Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024. Adam Jeffery | CNBC If President-elect Donald Trump…
The CPI report Wednesday is expected to show progress on inflation has hit a wall
A man shops at a Target store in Chicago on November 26, 2024. Kamil Krzaczynski | AFP | Getty Images…
Fed Chair Jerome Powell speaks at Dealbook conference
[The stream is slated to start at 1:40 om ET. Please refresh the page if you do not see a…
Bank of England’s Bailey signals four interest rate cuts in 2025 if inflation cools
Andrew Bailey, governor of the Bank of England, at the central bank’s headquarters in the City of London, U.K., on…
5 things to know before the stock market opens Tuesday
Here are the most important news items that investors need to start their trading day: 1. New highs A specialist…
Fed’s Waller ‘leaning toward’ a rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller speaks during The Clearing House Annual Conference in New York City on Nov. 12, 2024.…
India’s quarterly growth slumps to a near two-year low, well below expectations
Construction workers in Mumbai, India, on June 5, 2024. Bloomberg | Bloomberg | Getty Images India’s economy expanded by just…
Fed officials see interest rate cuts ahead, but only ‘gradually,’ meeting minutes show
Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate…
