The Japan flag is juxtaposed against a Japanese yen bank note. Javier Ghersi | Moment | Getty Images Bank of Japan policymakers will gather in Tokyo next week for their penultimate meeting this year. Market observers expect them to raise their inflation projections, while others think further modest adjustments to its yield curve control policy … Read more
U.S. Treasury yields ticked lower Friday after rising to multiyear highs a day earlier as investors digested comments by Federal Reserve Chairman Jerome Powell. The yield on the 10-year Treasury fell to 4.907%, down around 8 basis points. The 2-year Treasury yield was trading around 5.071%, falling around 10 basis points. On Thursday, the 10-year Treasury yield topped 5% … Read more
U.S. Federal Reserve Chair Jerome Powell holds a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in Washington, D.C., on Sept. 20, 2023. Evelyn Hockstein | Reuters Federal Reserve Chair Jerome Powell is set to deliver what could be a key policy address, with … Read more
U.S. Treasury yields rose on Wednesday with the 10-year hitting a fresh multiyear high as investors digested the latest economic data and considered the outlook for Federal Reserve interest rates. The 10-year Treasury yield gained nearly 7 basis points to 4.911%, putting it above 4.9% for the first time since 2007. Meanwhile, the 2-year Treasury … Read more
Federal Reserve Governor Christopher Waller on Wednesday indicated the central bank can afford to hold off on interest rate increases while it watches progress unfold in its efforts to bring down inflation. With the Fed set to meet again in two weeks, Waller said he is weighing recent data points against each other to see … Read more
Pedestrians walk past a billboard announcing the World Bank Group and International Monetary Fund annual meetings, on the side of the International Monetary Fund headquarters in Washington DC on October 5, 2023. Mandel Ngan | Afp | Getty Images Top economists and central bankers appear to be in agreement on one thing: interest rates will … Read more
An undated editorial photo of Chinese yuan cash bills and the flag of the People’s Republic of China. Javier Ghersi | Moment | Getty Images China’s consumer prices were flat in September, while factory gate prices saw annual declines slow for a third month, underscoring the “tortuous” nature of the post-Covid growth recovery in the … Read more
[The stream is slated to start at 10:45 a.m. ET. Please refresh the page if you do not see a player above at that time.] CNBC’s Joumanna Bercetche is moderating a panel at the annual meetings of the International Monetary Fund and World Bank in Marrakech, Morocco. Titled, “Reform Priorities for Tackling Debt,” the seminar will include Kristalina Georgieva, … Read more
One Canada Square, at the heart of Canary Wharf financial district seen standing between the Citibank building and HSBC building on 14th October 2022 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images U.K. gross domestic product grew by 0.2% in August, the Office for National Statistics estimated Thursday, partially recovering from … Read more
A help wanted sign on a storefront in Ocean City, New Jersey, US, on Friday, Aug. 18, 2023. Surveys suggest that despite cooling inflation and jobs gains, Americans remain deeply skeptical of the president’s handling of the post-pandemic economy. Photographer: Al Drago/Bloomberg via Getty Images Al Drago | Bloomberg | Getty Images Inflation is “always … Read more