Fed Poised for First Rate Hike Under Chair Warsh as Inflation, Oil Prices Surge
Futures markets are pricing an 87% probability that the Federal Reserve raises its benchmark rate a quarter point when its…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
US destroys Iranian vessels in Strait of Hormuz as tanker attack leaves two missing
US forces destroyed two Iranian vessels in the Strait of Hormuz after Iran's Revolutionary Guard Corps tried to seize an…
Russian drone strike near Polish border raises NATO security concerns, dents Crimea recapture odds
A Russian drone attack hit a passenger train near Ukraine's border with Poland, and prediction markets are already pricing in…
CNBC Fed Survey: Majority Now See Two Rate Hikes Over Next Year
A majority of respondents to the CNBC Fed Survey now expect at least two rate hikes over the next year,…
Houthis strike Saudi oil pipeline as attacks on kingdom intensify
Houthi forces have struck Saudi Arabia's key east-west oil pipeline and expanded their grip on the Bab el-Mandeb Strait, a…
