Turkey’s opposition stuns in sweeping local elections victory over Erdogan’s party
Turkey’s opposition won a stunning victory across several major cities in the country’s local elections Sunday, dealing a severe blow…
Watch CNBC’s live coverage of Friday’s key inflation data
[The stream is slated to start at 8:15 a.m. ET. Please refresh the page if you do not see a…
Nigeria’s central bank hikes interest rate to 24.75% as it battles sky-high inflation, currency crisis
The Central Bank of Nigeria on Tuesday hiked its key interest rate by 200 basis points, as Africa’s largest economy…
Immigration is boosting the U.S. economy and has been ‘really underestimated,’ says JPMorgan research head
The recent surge in immigration into the U.S. is helping to bolster the economy despite a raft of global challenges,…
Switzerland becomes first major economy to cut interest rates in surprise move
The Swiss National Bank on Thursday surprised the market with a decision to lower its main policy rate by 0.25…
Fed raises GDP and inflation outlook, while keeping rate cut forecast
Federal Reserve members still see three interest rate cuts in 2024 despite an improving outlook for economic growth. The Federal…
Fed holds rates steady and maintains three cuts coming sometime this year
The Federal Reserve on Wednesday held interest rates steady as expected and signaled it still plans multiple cuts before the…
Here’s everything to expect from the Federal Reserve’s policy meeting Wednesday
The Federal Reserve has a lot to do at its meeting this week, but ultimately may not end up doing…
Turkey opts for new tightening strategy after signaling a pause to hikes
Turkey’s central bank is opting for a different monetary tightening method as it grapples with climbing inflation, after previously signaling…
Voters blame businesses more than Biden for sticky inflation
President Joe Biden is starting to win the inflation blame game against corporations. A recent Financial Times-Michigan Ross online poll…
