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inflation

Pace of government spending ‘not helpful’ in efforts to tame inflation: Macklem – National

by Vera Ward
Pace of government spending ‘not helpful’ in efforts to tame inflation: Macklem – National

The Bank of Canada’s efforts to tame inflation by raising interest rates are at odds with the projected pace of government spending, says governor Tiff Macklem. Macklem spoke to reporters …

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Bank of Canada holds interest rate steady at 5%

by Anas Siddiqui
Bank of Canada holds interest rate steady at 5%

The Bank of Canada has decided to keep its benchmark interest rate steady at five per cent, the second straight time the central bank has done so and a sign it may …

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Opinion: China, India or Japan: which offers the best hope for investors in 2024?

by Anas Siddiqui
Opinion: China, India or Japan: which offers the best hope for investors in 2024?

Several weeks into the final quarter of 2023 and Asian investors are starting to reflect on a year in markets that looks very different from the lofty expectations many had …

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Oil deals ahead of Big Tech earnings

by Walter Watson
Oil deals ahead of Big Tech earnings

Omar Marques | Lightrocket | 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 …

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A surprise result in Argentina’s presidential election sets up a showdown

by Walter Watson
A surprise result in Argentina’s presidential election sets up a showdown

Economy Minister Sergio Massa produced a big surprise by finishing first in the opening round of Argentina’s presidential election, reflecting voters’ wariness about handing the presidency to his chief rival, …

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Bill Ackman covers bet against Treasurys, says ‘too much risk in the world’ to bet against bonds

by Walter Watson
Bill Ackman covers bet against Treasurys, says ‘too much risk in the world’ to bet against bonds

Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Pershing Square’s Bill Ackman revealed Monday he …

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Why the world needs Morocco’s desert rock

by Walter Watson
Why the world needs Morocco’s desert rock

Morocco has the largest phosphate reserves in the world – making it one of the most important countries for food supply. CNBC visited a phosphate mine close to Marrakesh to …

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Investors can’t shake off the feeling of uncertainty

by Walter Watson
Investors can’t shake off the feeling of uncertainty

Traffic_analyzer | Istock | 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 …

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Opinion: China downturn, Israel-Hamas war, US election strife – is 2024 already doomed?

by Anas Siddiqui
Opinion: China downturn, Israel-Hamas war, US election strife – is 2024 already doomed?

When asked why the BOJ isn’t tapering or preparing to raise interest rates, governor Kazuo Ueda has taken to signalling that it all depends on China. So has Bank of …

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A shaky economy has forced Italy’s far-right prime minister to scale back her populist agenda

by Walter Watson
A shaky economy has forced Italy’s far-right prime minister to scale back her populist agenda

An exposé on Giorgia Meloni’s longtime partner caught on tape sexually harassing female colleagues was likely not the news Italy’s prime minister hoped would mark her one-year anniversary in power. But Meloni, who …

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