Trump’s victory sets up traps for central banks

The incoming president is likely to attack the Fed if it seeks to counteract his policies or if inflation takes off again

World - Financial Times - November 7

US central bank boss says Trump can't fire him

The US central bank cuts interest rates, as its chairman vows to stay on the job.

Bank stocks soar as Trump victory expected to lead to looser regulatory backdrop

Banks have been pushing all year to loosen capital requirements and are also expected to benefit from potential tax cuts.

Business - MarketWatch - November 6

Banks and Tesla lead list of top-performing stocks following Trump’s victory

The S&P 500 financial sector rose 5% when trading opened on Wednesday.

Business - MarketWatch - November 6

US central bank lowers interest rates by quarter point as new Trump term looms

Rates are now at 4.5% to 4.75%, after two reductions by the Federal Reserve starting in September. The US Federal Reserve lowered interest rates by a quarter point on Thursday, knocking them ...

World - The Guardian - November 7

Democrats Walked Into a Trap Republicans Set for Them

Democrats walked into the trap of defending the very institutions most Americans distrust.

Top stories - The New York Times - November 8

Europe's leaders face up to Trump victory at Hungarian summit

Leaders meeting in Budapest will be focused on Russia's war and fears of US isolationism.

Jimmy Kimmel tears up over 'terrible' Trump victory

Late-night host Jimmy Kimmel fought back tears reacting to former President Trump's victory in Tuesday's election. "Let's be honest, it was a terrible night last night," Kimmel told his audience ...

Politics - The Hill - November 7

Migrants crossing the Darien heard of Donald Trump’s victory — and picked up the pace

Jesús Chávez, a 34-year-old pastry chef from Venezuela, arrived to a village at Panama’s edge of the Darien jungle

World - ABC News - November 9

None of the conventional explanations for Trump’s victory stand up to scrutiny | Ben Davis

This election has blown a hole in the worldviews of both leftists and centrists. The pandemic may be a more important factor. Donald Trump has won, and most shockingly, he won the popular vote. ...

World - The Guardian - November 9

The ‘Landslide’ That Wasn’t: Trump and Allies Pump Up His Narrow Victory

The latest vote count shows that Donald J. Trump won the popular vote by one of the smallest margins since the 19th century. But Mr. Trump claims a “powerful mandate.”

Top stories - The New York Times - 21 hours ago

Russia's central bank raises key rate to 21% to rein in higher-than-forecast inflation

Russia's central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases.

Business - CNBC - October 25

Switzerland is now flirting with deflation, causing a dilemma for its central bank

Switzerland could be at risk of slipping into deflationary territory next year as a stronger Swiss franc dogs policymakers' efforts to get a handle on prices.

Business - CNBC - October 31

Lebanon's detained former central bank governor faces new corruption charge

A Lebanese judge has charged the country’s detained former central bank governor with illicit enrichment and issued an arrest warrant

World - ABC News - October 31

Central banks need escape route from cycle of boom and bust

We should debate excessive policy easing and the neglect of credit and debt developments

World - Financial Times - November 1

Climate breakdown will hit global growth by a third, say central banks

New modelling finds risk to global economies much worse than previously thought, but group of central banks says even this may be an underestimate. The physical shocks caused by climate breakdown ...

World - The Guardian - November 8

Bangladesh tycoon says Singapore citizenship is a shield against central bank ‘intimidation’

Mohammed Saiful Alam considers international arbitration over accusations he siphoned money out of banking sector

World - Financial Times - 4 days ago

Election 2024 live updates: Trump flips battleground state of Arizona

Former President Trump has won the election in key swing states such as Georgia and Pennsylvania, and is projected to win the necessary 270 Electoral College votes, while Republicans have taken ...

Politics - The Hill - November 7

Spanish central banker set to inherit big challenges as next BIS head

Pablo Hernández de Cos to take over amid fears Donald Trump will derail progress on setting capital standards for world’s biggest lenders

Business - Financial Times - November 8

Trump wants to expand the federal death penalty, setting up legal challenges in second term

Throughout his campaign, President-elect Donald Trump signaled he would resume federal executions if he won and make more people eligible for capital punishment, including child rapists, migrants ...

Politics - NBC News - November 9

Trump win sets up GOP battle between deficit hawks, tax cutters

President-elect Trump’s election win is setting up a fight among Republicans over cutting taxes and reining in the deficit as the party inches toward control of both chambers of Congress. ...

Politics - The Hill - November 12

Trump draft executive order would set up board to oust generals en masse: Report

The transition team for President-elect Trump is working on an executive order that would speed up the firing of top military brass if signed, The Wall Street Journal reported Tuesday. The draft ...

Politics - The Hill - November 13

Stock-market investors cheered the end of election uncertainty. Policy uncertainty remains.

Investors asked themselves whether the postelection rally could continue, and if Trump is really as good for the market as some think.

Business - MarketWatch - 4 days ago

Don’t fall into ‘populist trap’ of backing Trump, Badenoch warned

Tory leader advised by senior members not to align herself closely to the president-elect’s success. Kemi Badenoch is being urged not to “fall into a populist trap” by pulling the Conservative ...

World - The Guardian - November 9

Inflation undershoots to jumbo cuts: What 10 European Central Bank members said this week

A slew of Governing Council members spoke to CNBC at the International Monetary Fund's annual meeting in Washington, D.C. this week.

Business - CNBC - October 25

Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending

Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation

World - ABC News - October 25

Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending

World - ABC News - October 25

Bangladesh central banker accuses tycoons of ‘robbing banks’ of $17bn with spy agency help

Conglomerate rejects claim it co-operated to siphon money out of the country during rule of ousted Sheikh Hasina

World - Financial Times - October 28

Japan's central bank to remain undeterred on rate hikes despite LDP's electoral shock, analysts say

Roughly 86% of economists polled by Reuters expect the central bank to leave its rates unchanged when it announces its decision Thursday.

Business - CNBC - October 28

Czech central bank cuts key interest rate to 4% as inflation stays low

The Czech central bank has cut its key interest rate for the eighth time in a row as inflation remains low and the economy is making a slow recovery

World - ABC News - November 7

European Central Banks warns of trade tension risks to euro zone financial stability

The Financial Stability Review also said weak growth was now a bigger threat to the 20-nation euro zone than high inflation.

Business - CNBC - 2 days ago

European Central Bank warns that concentration in highly-valued U.S. tech stocks poses financial stability risk

High equity valuations and investors’ concentration in big U.S. tech stocks are among the main risks to financial stability, says the ECB

Business - MarketWatch - 2 days ago

Messi sets up Martinez golazo in Argentina win

Argentina striker Lautaro Martinez scored in the second half to secure a 1-0 home win against Peru in South American qualifiers for the 2026 World Cup on Tuesday.

Sports - ESPN - 2 days ago

Wicked Limited Edition Gift Sets Are Up For Preorder

Wicked has officially hit the big screen, and it’s pulling in stellar reviews from both critics and viewers alike. And if you’re excited to get it into your home theater, the Wicked: Limited ...

Tech - GameSpot - 19 hours ago

5 key factors that could send Donald Trump back to the White House

From the ground game to Nikki Haley voters, there are several variables that could pave former President Donald Trump's return to the White House next week.

Latest in Trump’s victory sets up traps for central banks