Prices – Page 11 – ReportWire

European business activity slows in June as higher interest rates begin to bite

[ad_1] Fresh PMI data came in below expectations and pointed to an economic slowdown. Bloomberg | Bloomberg | Getty Images Business activity growth in Europe slowed...

Banking2 years ago

CNBC Daily Open: Seeking shelter in tech

[ad_1] Inside HQ2 at the grand opening of Amazon HQ2 in Arlington, Virginia, on June 15, 2023. Amanda Andrade-Rhoades | The Washington Post | Getty Images...

Banking2 years ago

CNBC Daily Open: Rate hikes and red lights

[ad_1] Road sign and red traffic light for STOP at corner of Wall Street and Broadway in New York, USA. Tim Graham | Getty Images News...

World News2 years ago

Swiss National Bank opts for smaller rate hike, but says more are likely

[ad_1] The Swiss National Bank opted for a smaller rate hike at its quarterly monetary policy meeting Thursday, but said further rises may be needed to...

World News2 years ago

Rate cuts, hikes and pauses: The world’s central banks just made very different decisions

[ad_1] Dollar, yuan, yen and euro notes. Ullstein Bild Dtl. | Ullstein Bild | Getty Images From hawkish pauses to rate hikes and dovish tones, the...

Business2 years ago

Goldman joins Wall Street banks in cutting China’s growth outlook as post-Covid bounce fades

[ad_1] Aerial photo shows the traffic flow on a viaduct in Nanjing, East China’s Jiangsu Province, June 16, 2023. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto...

Business2 years ago

Wall Street prepares for more gains this month after past week’s breakout

[ad_1] Welcome back, animal spirits. The mood on Wall Street has brightened a lot of late, helped this week by the Fed holding the line on...

Real Estate2 years ago

China’s economic recovery is stalling. Here’s what to expect next

[ad_1] A raft of weak Chinese economic data in May has raised hopes of decisive policy intervention. Market watchers are anticipating the next steps from China’s...

Banking2 years ago

Watch: ECB President Christine Lagarde speaks after rate decision

[ad_1] [The stream is slated to start at 8:45 a.m. ET. Please refresh the page if you do not see a player above at that time.]...

World News2 years ago

European Central Bank raises rates by 25 basis points after Fed opts to pause

[ad_1] The European Central Bank announced Thursday a new rate decision. Daniel Roland | Afp | Getty Images The European Central Bank on Thursday announced a...

Business2 years ago

What’s next for stocks partly depends on how much you believe the Fed

[ad_1] “Hawkish in the rhetoric but not in the action.” That’s how Jeff Gundlach described the Fed’s surprise announcement that half of the FOMC members supported...

World News2 years ago

China’s youth unemployment hits a fresh record high in May, major data disappoint

[ad_1] A woman rests on a table at a job fair on June 9, 2023 in Beijing, China. Kevin Frayer | Getty Images News | Getty...

Banking2 years ago

‘Bite of these higher rates is gaining traction almost every day,’ KBW CEO Thomas Michaud warns

[ad_1] A major financial services CEO warns the economy hasn’t fully absorbed higher interest rates yet. Thomas Michaud, who runs Stifel company KBW, notes there’s a...

Banking2 years ago

Here’s how the Federal Reserve’s pause in interest rate hikes affects your money

[ad_1] After more than a year of steady rate hikes, the Federal Reserve held its target federal funds rate steady Wednesday. For households, however, that offers...

Real Estate2 years ago

Why economists say it’s a near certainty that housing inflation will soon fall

[ad_1] Richard Newstead | Moment | Getty Images Housing is perhaps the most consequential category in the consumer price index, a key inflation barometer. As the...

Business2 years ago

China opens a new era of ‘proactive easing’ as the economic recovery turns sour

[ad_1] SHANGHAI, CHINA – NOVEMBER 04, 2022: Buildings at Lujiazui Financial District are illuminated to celebrate the opening ceremony of the 5th China International Import Expo...

World News2 years ago

India’s growth is set to power ahead. Analyst names sectors with the ‘best value’

[ad_1] Birds flying over the corridor of the Jama Masjid at sunrise in New Delhi on October 27, 2016. Money Sharma | Afp | Getty Images...

Breaking News2 years ago

‘Greedflation’ is replacing inflation as companies raise prices for bigger profits, report finds

[ad_1] That’s the practice by many S&P 500 food and consumer companies of raising prices to protect what a new report calls their “cushioned corporate profits,”...

Banking2 years ago

The Federal Reserve may pause its interest rate hiking campaign. What that means for you

[ad_1] damircudic | E+ | Getty Images The Federal Reserve is likely to temporarily pause its aggressive interest rate hikes when it meets next week, experts...

Real Estate2 years ago

HSBC pulls some UK mortgage deals as fears of rising rates hits home buyers once more

[ad_1] “Persistently high inflation and the recent spike in lending rates will trigger a correction in the UK (Aa3 negative) housing market,” Moody’s Investor Service said...