Russian central bank surprises markets by holding key rate at 21%

MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency hike in late February, citing cooling inflation…

Russian central bank hikes rates by 200 basis points

MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time since its emergency hike in late February, citing cooling inflation…

US government shutdown, data and stocks

European markets are set to open lower on Friday as investors monitor political turmoil in the U.S. and monetary policy decisions from various major economies. The FTSE 100 is slated…

China keeps benchmark lending rates steady as Fed signals fewer cuts ahead

BEIJING, CHINA – DECEMBER 02: The People’s Bank of China (PBOC) building isn seen on December 2, 2024 in Beijing, China.  Visual China Group | Getty Images China kept its…

Asia markets live: China LPR, Japan CPI

The central bank of the People’s Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing financial risks and maintaining financial stability. Peng Song | Moment…

Delhi’s suffocating smog conundrum

TOPSHOT – A rickshaw drives along a road under heavy smog conditions, in New Delhi Sajjad Hussain | Afp | Getty Images This report is from this week’s CNBC’s “Inside…

What to expect from global central banks in 2025 after Fed slows cuts

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the…

Putin admits Russian inflation is ‘alarming’ and economy ‘overheating’

Russian President Vladimir Putin attends an annual televised phone-in with the country’s citizens dubbed “Direct Line with Vladimir Putin” at the Moscow’s World Trade Center studio in Moscow on June…

Thwarted expectations of more Fed cuts hammered markets

Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors…

European markets live updates: stocks, news, BOE decision

European markets are expected to nosedive at the open Thursday, following their global counterparts lower after the U.S. Federal Reserve signalled yesterday that few rates cuts are on the horizon.…