Despite cool inflation, don’t expect rate cuts

Despite cool inflation, don’t expect rate cuts

The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch| Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more

European markets climb after breaking losing streak; Siemens Energy up 7%

European markets climb after breaking losing streak; Siemens Energy up 7%

Wed, Jun 28 2023 11:47 AM EDT Fed’s Powell on interest rate hikes: More restriction coming because of strong labor market CNBC’s Sara Eisen speaks with Federal Reserve Chairman Jerome Powell and other global central bank leaders Wednesday morning at a monetary policy forum in Sintra, Portugal.  Wed, Jun 28 2023 9:39 AM EDT U.S. … Read more