CNBC
Inflation job nearly done but tariff risks loom — What European Central Bank members said this week
After years dominated by the pandemic, supply chains, energy and inflation, there was a new topic topping the agenda at the World Bank and International Monetary Fund's Spring Meetings this year: tariffs. The IMF set the tone by kicking off the week with the release of its latest economic forecasts,
Trump insists bond market tumult didn't influence tariff pause: 'I wasn't worried'
President Donald Trump denied that an aggressive bond market sell-off influenced his decision earlier this month to hold off on aggressive "reciprocal" tariffs against U.S. trading partners. "I wasn't worried," Trump said in a Time magazine interview during which he was asked about financial market
German finance minister says trust not yet broken with U.S., prefers zero-for-zero tariff solution
The trust between Europe and the U.S. is not yet broken despite President Donald Trump's aggressive tariff policies, Joerg Kukies, acting German finance minister, told CNBC Thursday. "For trust to be broken, a lot more would have to happen because the transatlantic partnership has been built over so
Bank of England chief focused on tariff 'growth shock' but downplays UK recession risk
The Bank of England is focused on the potential impact of U.S. tariffs on U.K. economic growth if there is a slowdown in global trade, the central bank's governor Andrew Bailey said Thursday. "We're certainly quite focused on the growth shock," Bailey told CNBC's Sara Eisen in an interview at the IM
Orders for big-ticket items like autos and appliances surged 9.2% in March in rush to beat tariffs
Companies in March accelerated their orders for big-ticket long-lasting goods ahead of President Donald Trump's aggressive tariffs on U.S. imports, the Commerce Department reported Thursday. So-called durable goods orders soared a seasonally adjusted 9.2% on the month, up from a 0.9% gain in Februar
他点赞了
Businesses are already trying to pass tariff costs onto customers, Fed report says
Businesses dealing with the early stages of President Donald Trump's tariffs are looking for ways to pass increasing costs onto consumers, according to a Federal Reserve report Wednesday. As Trump ordered against-the-board levies on U.S. imports and higher duties on Chinese products, the Fed's Beige
Consumer spending is up big in early April as people buy in anticipation of tariffs
Consumer spending is rising at a faster clip this month as everyday Americans rush to make purchases before President Donald Trump's full tariff plan takes effect, data released Wednesday from JPMorgan shows. Spending through the first 15 days in April climbed about 3.8% from the same period a year
他点赞了
Oil price recovers significantly – Commerzbank
The Brent oil price rose significantly yesterday and regained last Thursday's interim high of just over $68 per barrel in the morning, Commerzbank's commodity analyst Carsten Fritsch notes. Brent crude surges on sanctions and inventory drop "The price increase was triggered by signs of easing in the
他点赞了
FX daily: Bessent throws US assets a lifeline
The dollar is enjoying some support thanks to a recovery in US market sentiment. At the moment, no other G10 currency has a higher beta than the dollar to US trade news, and Treasury Secretary Scott Bessent’s seemingly conciliatory comments on a US-China trade de-escalation could favour a USD stabil
他点赞了
Fed’s Kashkari: Can’t allow inflation expectations to get unanchored
Minneapolis Fed President Neel Kashkari warned that US tariffs act as a drag on economic growth and emphasised the central bank’s responsibility to prevent those trade measures from fuelling longer-term inflation. Key QuotesIndependent monetary policy leads to better economic outcomes, is foundation
European Central Bank’s Lagarde says she hopes Trump doesn't fire Fed's Powell
European Central Bank President Christine Lagarde on Tuesday said she hoped that U.S. President Donald Trump firing Federal Reserve Chair Jerome Powell was not a scenario that was on the table. Asked by CNBC's Sara Eisen whether Trump finding a way to remove the central bank chief was a material ris
If Trump wants rate cuts, he would likely need to replace the Fed's full board along with Powell
President Donald Trump's public criticism of Fed Chair Jerome Powell has fueled concern that he will try to fire the central bank chief, but even that historic and legally questionable move may not be enough for Trump to bend monetary policy in his preferred direction. Even firing Powell won't neces
IMF slashes 2025 U.S. growth forecast to 1.8% from 2.7%, citing trade tensions
Tariffs are posing major headwinds for the U.S. and global economies, leading the International Monetary Fund to slash its 2025 growth forecast. President Donald Trump's April 2 rollout of "reciprocal" tariffs has not only shaken stocks – the S&P 500 is down 9% since the levies were launched – b
上拉加载
