U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year
Fri Oct 16 6:34 pm
CNBC | Economy Headlines
Analysis: Everyone expects the Fed to hold rates in October. Kevin Warsh could surprise us all
Fri Oct 16 12:27 pm
Investors expect the Fed to pause rate hikes in October, but Kevin Warsh's rejection of traditional communications practices and continued concern about inflation leave the decision uncertain.
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Economists: Hot PPI shows Fed's work is not done
Thu Oct 15 11:37 am
'We see real risks the Fed will deliver another rate hike in two weeks' time,' one Fedwatcher warns
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U.S. Treasury dismisses IMF debt warning and 'messy' forecasting
Thu Oct 15 9:42 am
The exchange comes as U.S. debt exceeds $40 trillion and 10-year Treasury yields remain above 5%, intensifying scrutiny of the fiscal outlook.
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Wholesale prices jumped 6.3% annually in September, biggest gain since 2022
Thu Oct 15 12:15 pm
September producer prices were expected to increase 0.6% month over month and 5.5% annually, according to the consensus estimate by Dow Jones.
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Analysis: Why a $2 trillion deficit and 5% Treasury yields are becoming America's biggest economic challenge
Fri Oct 16 6:33 pm
Treasury yields above 5% are raising borrowing costs for households and the federal government, highlighting the challenge of financing $2 trillion deficits.
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China indicates rare earths will keep flowing to EU, regardless of U.S. trade deal expiration
Thu Oct 15 5:02 am
European trade commissioner Maroš Sefčovič met with Chinese Commerce Minister Wang Wentao in Beijing last week.
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UK economy grew 0.1% in August, beating expectations
Thu Oct 15 4:44 am
The U.K. is grappling with a cost-of-living crisis sparked by sticky inflation and surging energy costs.
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How high inflation became a 'fact of life' in the U.S.
Wed Oct 14 1:20 pm
U.S. inflation has stayed elevated for years, raising concern at the Federal Reserve that consumers may come to expect stubbornly high prices.
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Consumer prices rose 3.7% annually in September as gas prices skyrocket
Wed Oct 14 9:53 am
The consumer price index was expected to increase 0.6% in September on a monthly basis and 3.6% from a year ago, according to the Dow Jones consensus forecast.
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'Godzilla El Niño' is wreaking havoc with Philippine central bank's inflation forecasts
Wed Oct 14 12:24 am
The Philippine central bank is running policy scenarios for a severe El Niño on top of the oil shock, with inflation at a three-year high.
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The latest inflation data is expected to show price increases are accelerating
Tue Oct 13 2:05 pm
Economists expect the consumer price index for September to rise 0.6% on the month and 3.6% year over year.
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