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Economic events

Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength

by Merchant Moller
Swiss National Bank takes leap with 50-basis-point interest rate cut amid franc strength

The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim amid an ongoing tussle with depressed inflation and a …

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What’s in store for new RBI Governor Sanjay Malhotra

by Merchant Moller
What’s in store for new RBI Governor Sanjay Malhotra

Sanjay Malhotra, governor of the Reserve Bank of India (RBI), during a news conference in Mumbai, India, on Wednesday, Dec. 11, 2024. India’s newly-appointed central bank governor Malhotra said he will look …

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Indian travelers will be the story of the next decade: Hilton exec

by Dennis chmitz
Indian travelers will be the story of the next decade: Hilton exec

Indian travelers spent $34.2 billion on outbound travel in 2023, according to the World Travel & Tourism Council. But the current level of Indian travel is “minuscule” compared with what’s …

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Buoyed by Trump, U.S. dealers optimistic on everything except EV sales

by Nevil Nickel
Buoyed by Trump, U.S. dealers optimistic on everything except EV sales

Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May 28, 2020. Nick Carey | Reuters DETROIT — …

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India appoints Revenue Secretary Sanjay Malhotra as new central bank governor

by Merchant Moller
India appoints Revenue Secretary Sanjay Malhotra as new central bank governor

People stand in front of a Reserve Bank of India logo at the Global Fintech Fest in Mumbai, India, 5 September, 2023. Niharika Kulkarni | Nurphoto | Getty Images India …

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UK business confidence falls to lowest level in almost two years

by Merchant Moller
UK business confidence falls to lowest level in almost two years

Members of the public are seen shopping for Black Friday deals in Glasgow, Scotland.  Jeff J Mitchell | Getty Images News | Getty Images LONDON — British businesses lost steam …

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China CPI growth drops to a five-month low, missing expectations

by Merchant Moller
China CPI growth drops to a five-month low, missing expectations

Customers shopping for vegetables at a supermarket in Nanjing, China. Nurphoto | Nurphoto | Getty Images China’s consumer inflation fell to a five-month low in November and missed expectations, climbing …

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France’s Barnier government is gone but what happens next?

by Merchant Moller
France’s Barnier government is gone but what happens next?

French Prime Minister Michel Barnier delivers a speech during the debate prior to the no-confidence votes on his administration at the National Assembly in Paris, France on December 4, 2024. …

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U.S. exceptionalism seems difficult to dismiss for now

by Merchant Moller
U.S. exceptionalism seems difficult to dismiss for now

The New York Stock Exchange on Nov. 21, 2024. Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets …

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U.S. exceptionalism seems difficult to dislodge for now

by Merchant Moller
U.S. exceptionalism seems difficult to dislodge for now

The New York Stock Exchange on November 21, 2024 in New York City.  Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily …

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