Kristalina Georgieva, IMF managing director, speaks on a panel at the World Economic Forum in Davos, Switzerland.
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.
Treasury yield surpassed 5%, it could "shock" the stock market and "force a revaluation," BlackRock's Larry Fink said.
I mean, get over it,” JPMorgan Chase CEO Jamie Dimon told CNBC on Wednesday from the World Economic Forum in Switzerland. “National security trumps a little bit more inflation.”
South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its central bank governor said on Tuesday.
Inflation driven by U.S. tariffs is among the biggest market risks in 2025, Nicolai Tangen, CEO of Norges Bank Investment Management told CNBC at the World Economic Forum in Davos. Tangen also flagged chief risks to markets including higher for longer interest rates,
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay put. As Bank of America CEO Brian Moynihan may attest, Trump’s timing is not coincidental.
After lowering key rates in December, the ECB is widely expected to announce another 25 basis points (bps) cut, taking the benchmark rate on deposit facility from 3% to 2.75%. It would be the fourth straight interest rates cut after trimming them in September, October and December 2024.
DESPITE falling short of its growth target, easing inflation would allow the government to lower interest rates and boost consumption in 2025, according to Finance Secretary Ralph G. Recto. Recto said he remains bullish this year due to lower inflation,
FRANKFURT, Germany, Jan 30, 2025 (BSS/AFP) - Despite US President Donald Trump's sabre-rattling, the European Central Bank is set to press on with interest rate cuts Thursday as officials increasingly voice confidence that the fight against inflation is on track.