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Prices

Bank of England bond sales creating a ‘selling gold at the bottom’ moment

by Adrian Jhonsan
Bank of England bond sales creating a ‘selling gold at the bottom’ moment

People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023. Henry Nicholls | Reuters LONDON — The Bank of England’s …

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Germany predicted to be the only major European economy to contract

by Adrian Jhonsan
Germany predicted to be the only major European economy to contract

A metalworker grinding a peace of metal is pictured in a forge in Klitten, Germany. Manufacturing activity has struggled this year. Florian Gaertner | Photothek | Getty Images Germany is …

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Here’s when workers may catch up

by Adrian Jhonsan
Here’s when workers may catch up

A sign posted outside a restaurant looking to hire workers in Miami, May 5, 2023. Joe Raedle | Getty Images News | Getty Images The gap between wage growth and …

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Rising oil prices reignite inflation fears

by Adrian Jhonsan
Rising oil prices reignite inflation fears

In an aerial view, the Valero Houston refinery is seen on August 28, 2023 in Houston, Texas. Brandon Bell | Getty Images This report is from today’s CNBC Daily Open, …

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Christie lets Fed off the hook for inflation, blames Trump and Biden

by Adrian Jhonsan
Christie lets Fed off the hook for inflation, blames Trump and Biden

Americans dogged by persistently high prices are finally getting signs of relief as inflation has slowly but steadily cooled over the past year — but that’s no thanks to President …

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Europe can avoid a recession, EU’s Gentiloni says

by Adrian Jhonsan
Europe can avoid a recession, EU’s Gentiloni says

Europe is facing the impact of a “double crisis,” but the region can avoid a recession, Paolo Gentiloni, the European Commissioner for economic affairs, told CNBC on Saturday. “I think …

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Former White House economic advisor says more Fed hiking is coming

by James Odonell
Former White House economic advisor says more Fed hiking is coming

WASHINGTON — A former White House economist on Tuesday said he thinks the Federal Reserve will hike interest rates again amid rising inflation numbers and energy prices. “The hiking is …

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Categories Politics

Stiglitz explains how the Fed went wrong on inflation

by Adrian Jhonsan
Stiglitz explains how the Fed went wrong on inflation

The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation that has plagued the U.S. economy over the last two years, according to Nobel Prize-winning economist Joseph …

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Categories World

Heading into Labor Day weekend, Biden celebrates new job growth

by Adrian Jhonsan
Heading into Labor Day weekend, Biden celebrates new job growth

U.S. President Joe Biden speaks about the August U.S. jobs and employment report numbers in the Rose Garden of the White House in Washington, September 1, 2023. Jonathan Ernst | …

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Global growth to slow, but India, Indonesia may be bright spots: Moody’s

by Adrian Jhonsan
Global growth to slow, but India, Indonesia may be bright spots: Moody’s

An aerial view shows the Central Bank of India building, in Mumbai, India, 28 September, 2022. (Photo by Niharika Kulkarni/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images The …

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