The Japanese yen started the week at 34-year lows against the U.S. dollar but the currency is now staring at its best week in over a year on Friday.
https://www.cnbc.com/2024/05/03/japans-yen-had-a-rollercoaster-week-here-is-what-happened.html
The prospect of the ECB diverging from the Fed on rate cuts is likely to be "particularly negative" for the euro area, according to one economist.
The cost of borrowing will continue to be high as the Federal Reserve has kept its interest rate policy the same. CNBC Senior Personal Finance Correspondent Sharon Epperson shares tips for how to...
https://www.cnbc.com/video/2024/05/02/how-to-adjust-to-high-interest-rates.html
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in March.
https://www.cnbc.com/2024/05/01/fed-decision-heres-what-changed-in-the-new-statement.html
The Federal Reserve pushed out rate-cut expectations — here's what that means for your credit card, mortgage rate, auto loan and savings account.
With the decision to hold the line on rates, the committee noted a "lack of further progress" in getting inflation back down to the central bank's 2% target.
https://www.cnbc.com/2024/05/01/fed-rate-decision-may-2024-.html
Madison Faller, global market strategist at J.P. Morgan, discusses the outlook for Federal Reserve monetary policy and the state of the U.S. economy.
The benchmark rates of most advanced economies soared in recent years, as central banks aimed to tame inflation following the Covid-19 pandemic.
Political pressure won't force the hand of Thailand's central bank in making its interest rate decisions independently, the country's central bank chief said.
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy.
Trump's political operatives are putting together a plan that would give him unprecedented influence over the Fed, the report states.
It's a tough case to sell that higher interest rates today are having a substantially negative impact on the course of the economy.
That means credit can provide a "very solid foundation" to an investment portfolio, the Oaktree Capital Management co-founder told CNBC.
Roughly a year's worth of rain pummeled the Gulf country in a span of just 12 hours between April 16 and 17, destroying businesses, cars and other property.
https://www.cnbc.com/2024/04/23/uae-floods-central-bank-asks-lenders-to-defer-loan-repayments-.html
Gareth Nicholson of Nomura says the BOJ's "two steps forward, one step back" approach to monetary policy could be positive for the Japanese equity market.
The ECB has become "the central bank to be followed," one central bank governor said.
https://www.cnbc.com/2024/04/19/heres-what-12-ecb-members-said-about-interest-rates-this-week.html
Viktor Shvets of Macquarie Capital says "risk is everywhere", and policy makers and central banks will look through risks and supply side disruptions.
The European Central Bank should cut interest rates in June to avoid falling behind the inflation curve, according to one ECB policymaker.
Morgan Stanley says that the Bank of England will cut interest rates as soon as May, in a notable sign of optimism amid waning market sentiment.
https://www.cnbc.com/2024/04/18/bank-of-england-to-cut-rates-in-may-morgan-stanley-says.html
Several ECB officials have made remarks about their expectations for interest rates in recent days.
Experts now see the Fed waiting until at least September and are increasingly entertaining the possibility of no cuts at all this year.
Geopolitical risk is the biggest threat to a prospective June rate cut from the European Central Bank, according to ECB policymaker Robert Holzmann.
Powell said that while inflation continues to make its way lower, the current state of policy should remain intact.
Fed Chair Jerome Powell speaks to the Wilson Center's Washington Forum on the Canadian Economy.
Her comments come shortly after the central bank gave its clearest indication to date that it could start cutting interest rates during its June meeting.
The Bank of England announced an overhaul of its inflation forecasting models after a long-awaited review by former Fed Chair Ben Bernanke.
The euro zone's central bank held interest rates steady for a fifth straight meeting.
https://www.cnbc.com/2024/04/11/european-central-bank-holds-interest-rates-hints-at-cut-ahead.html
Goldman Sachs still expects stubbornly high U.S. inflation to ease over the coming months, despite yet another print showing that consumer prices remain sticky.
Switzerland's new banking regulations create a "lose-lose situation" for UBS and may limit its potential to challenge Wall Street, says Beat Wittmann of Porta Advisors.
The Federal Reserve is likely to cut rates before the European Central Bank does, a former member of the Bank of England said.