Inflation battle may be far from over

Workers assemble printed circuit boards at the Intervala manufacturing facility in Mount Pleasant, Pennsylvania, US, on Tuesday, Jan. 30, 2024. The US Census Bureau is scheduled to release factory orders figures on February 2. Justin Merriman | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily … Read more

Vanguard doesn’t believe the Fed will cut interest rates this year

Vanguard doesn’t expect the Federal Reserve to cut interest rates this year, defying the view from Fed officials that the central bank remains on track to reduce rates three times in 2024. The Fed on Wednesday left interest rates unchanged for the fifth consecutive time, as expected, keeping its benchmark overnight borrowing rate in a … Read more

Markets surge on Fed rate-cut signals

A trader works, as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 20, 2024.  Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more

Wall Street heaves a sigh of relief

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. Elizabeth Frantz | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more

The last leg of inflation fight remains tough

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on June 14, 2023 in Washington, DC.  Drew Angerer | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international … Read more

Bank of Japan made a landmark rate pivot. Here’s what happens next

Neon advertisements in Osaka’s Dotonbori district in Japan Alexander Spatari | Moment | Getty Images Japan’s central bank on Tuesday finally ended its experiment with negative rates and unconventional easing tools which were aimed at reflating the world’s fourth-largest economy. The Bank of Japan’s decision came just days after Rengo, Japan’s largest federation of trade … Read more

U.S. consumer sentiment stays steady

Shoppers are seen at Whole Foods Market on October 14, 2022, in Atlanta, Georgia. Elijah Nouvelage | Afp | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

Saudi Arabia wealth fund in talks to acquire national airline Saudia: Report

Boeing 787 Dreamliner Saudi Arabian. Aircraft to Fiumicino Leonardo da Vinci Airport. Fiumicino (Italia), Nov. 11, 2021 Massimo Insabato/Archivio Massimo Insabato/Mondadori Portfolio via Getty Images Saudi Arabia’s behemoth sovereign wealth fund is in talks to buy the kingdom’s national airline Saudia, Bloomberg reported over the weekend, citing people familiar with the matter. The reported move … Read more

Wall Street focus turns to the Fed

A trader works, as a screen displays a news conference by Federal Reserve Board Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange on Dec. 13, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings … Read more

South Korea plans to speed up reforms to boost shareholder returns

A currency dealer monitors exchange rates in a trading room at KEB Hana Bank in Seoul, South Korea. Jung Yeon-Je | AFP | Getty Images South Korea’s financial regulator will look at speeding up the corporate reforms proposed last month and could reportedly add newer measures, after market players voiced concerns the announced steps might … Read more