Bank of England set to hold interest rates as economists debate 2024 cuts
A passageway near the Bank of England (BOE) in the City of London, U.K., on Thursday, March 18, 2021. Hollie Adams | Bloomberg | Getty Images LONDON — The Bank …
Breaking News: Economy
Mortgage refinance demand jumps after rates drop
An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. Mario Tama | Getty Images …
European Central Bank to focus on shrinking its balance sheet
Christine Lagarde, president of the European Central Bank (ECB). Bloomberg | Bloomberg | Getty Images FRANKFURT — The European Central Bank meets this week with investors closely monitoring to see …
Biden on CPI: Too many things unaffordable
U.S. President Joe Biden speaks about the Inflation Reduction Act of 2022 in the State Dining Room of the White House in Washington, D.C., on July 28, 2022. Mandel Ngan …
Economy may start to help Biden with voters
U.S. President Joe Biden speaks while meeting with business leaders and governors in the Eisenhower Executive Office Building in Washington, D.C. March 9, 2022, regarding the administration’s long-awaited executive order …
CPI inflation report November 2023
Prices across a broad range of goods and services edged higher in November as energy prices declined, providing hope that inflation could be on a lower trajectory. The consumer price …
Fed to start cutting rates midyear in 2024 with high chance of soft landing, CNBC Fed survey finds
Rate cuts, an increased chance of a soft landing and lower inflation — the outlook for next year is looking up in the CNBC Fed Survey, to a point. Respondents …
U.S. pension funds heavily invested in China despite crackdown
3d illustration flag of China. Close up waving flag of China. Aoraee | Istock | Getty Images U.S. proposals to clamp down on investments in China may be being undermined …
Spanish economist set to lead EU’s huge lending unit on her priorities
The incoming head of one of the world’s largest development banks says it must become faster and more efficient in order to finance priorities such as the climate transition and Ukraine …
Oil, gold and Treasurys diverge on U.S. recession risk: Livermore’s Neuhauser
Markets are confused over the odds of a U.S. recession, and “somebody has got it wrong,” according to hedge fund manager David Neuhauser. The CIO of Livermore Partners told CNBC …