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Search resuls for: "David Doyle"


25 mentions found


☆ Why economists who originally expected multiple deep rate cuts in 2024 now say a hike is possible
  + stars: | 2024-04-29 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +4 min
From deeps rate cuts to a potential rate hike in 2024, one firm has changed its forecast in a big way. Macquarie said the resilient economy means potential interest rate cuts won't happen until 2025. Assuming the central bank moves the federal funds rate down by 25 basis point increments, that would equate to nine interest rate cuts just this year. AdvertisementThat lack of economic weakness has led to a stark shift in interest rate forecasts, with even the Federal Reserve suggesting that its initial projections of three interest rate cuts this year could dwindle to one rate cut or even none. That could be a double whammy for a stock market that had been largely fixated on interest rate cuts this year.
Persons: Macquarie, —, David Doyle, Neil Shankar, Jerome Powell Organizations: Service, Macquarie, Federal Reserve, Fed, UBS
☆ Yen crumbles under towering dollar and U.S. Treasury yields
  + stars: | 2024-04-12 | by ( ) www.cnbc.com   time to read: +4 min
In this photo illustration, the man is holding several U.S. dollar bills with some Chinese yuan in the background. The yen struggled to break away from a 34-year low on Friday and was headed for a weekly decline, while the dollar hovered near a five-month high alongside U.S. Treasury yields as traders heavily scaled back bets for a slew of U.S. rate cuts this year. The yen was last marginally higher at 153.17 per dollar, languishing near a 34-year trough of 153.32 per dollar hit in the previous session on the back of a surge in U.S. Treasury yields, which the dollar/yen pair tends to closely track. The benchmark 10-year yield was last at 4.5784%, flirting with a five-month peak of 4.5930% hit in the previous session. The renewed dollar strength also weighed on the Australian and New Zealand dollars , which each fell 0.02%.
Persons: Tony Sycamore, Shunichi Suzuki, David Doyle Organizations: U.S, Treasury, European Central Bank, Federal Reserve, IG, Japanese Finance, ECB, New, Macquarie Locations: U.S, United States, freefall, Tokyo, New Zealand
☆ What is shrinkflation? Here’s why consumers may be getting less for their money
  + stars: | 2024-03-17 | by ( Lorie Konish | ) www.cnbc.com   time to read: +5 min
Pixelseffect | E+ | Getty ImagesSome grocery store products are providing less for your money. At the State of the Union, he again took a stand against shrinkflation, complaining that Snickers bars have become smaller. on X earlier this month, the White House responded, "C is for consumers getting ripped off." Where consumers may see shrinkflationFor now, it's up to consumers to spot the changes companies may make to their products. Why critics say shrinkflation is the wrong focusWhile shrinkflation is now under the political spotlight, not all experts agree the emphasis is correctly placed.
Persons: Joe Biden, Cookie, Biden, hasn't, Cookie Monster, Mara Weinraub, Weinraub, Shrinkflation, shrinkflation, Veronique de Rugy, de Rugy, David Doyle, Justin Sullivan Organizations: State, Union, shrinkflation, White, Federal Trade Commission, FTC, of Labor, Finance, Social, Federal, Labor Statistics, of Labor Statistics, George Mason University, Costco, Getty Locations: U.S, California, Macquarie, Novato , California
☆ Here’s the inflation breakdown for February 2024 — in one chart
  + stars: | 2024-03-12 | by ( Lorie Konish | ) www.cnbc.com   time to read: +3 min
Inflation is down from its hottest point in 2022, but is still warm, considering the Federal Reserve's 2% inflation target. Real wages are on the rise, said Hamrick, which means people are seeing wages adjusted for inflation. When interest rates may subsideOne factor that affects how well Americans are doing — for better or for worse — is interest rates. The Federal Reserve is expected to cut interest rates this year, after having executed a series of rate increases to tamp down inflation. "We don't perceive there to be like an imminent pressure on the Fed to cut rates," such as a recession or sudden rise in unemployment, Doyle said.
Persons: Elijah Nouvelage, Mark Hamrick, David Doyle, Doyle, Hamrick Organizations: Kroger, AFP, Getty, Bureau of Labor Statistics, Federal Reserve, Federal Locations: Atlanta, Macquarie
☆ Congo's Katumbi promises security in restive east
  + stars: | 2023-11-24 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsCongo's Katumbi promises security in restive eastPostedWith less than a month until Democratic Republic of Congo's election, presidential candidate Moise Katumbi has told residents in Goma that he will make security a priority if he wins. David Doyle has more.
Persons: Congo's, Moise Katumbi, David Doyle Organizations: Democratic Locations: restive, Democratic Republic, Goma
☆ Congo's president launches election campaign
  + stars: | 2023-11-20 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsCongo's president launches election campaignPostedCongo's President Felix Tshisekedi has launched his campaign for the country's December 20 election as opposition parties attempt to unite behind a joint candidate. David Doyle has more.
Persons: Felix Tshisekedi, David Doyle Organizations: Congo's
☆ Liberia's Weah concedes election defeat to Boakai
  + stars: | 2023-11-18 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsLiberia's Weah concedes election defeat to BoakaiPostedLiberia is set for its second democratic transfer of power in seven decades after football-star-turned-president George Weah called to congratulate former vice-president Joseph Boakai on his election victory. David Doyle has more.
Persons: Liberia's Weah, Boakai, George Weah, Joseph Boakai, David Doyle Locations: Liberia
☆ Madagascar's president seeks re-election amid protests
  + stars: | 2023-11-13 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsMadagascar's president seeks re-election amid protestsPostedMadagascar's President Andry Rajoelina held his final campaign rally on Sunday (November 12) ahead of an election on Thursday (November 16) - but rivals are calling for the vote to be postponed and say Rajoelina should be disqualified. David Doyle has more.
Persons: Andry Rajoelina, David Doyle
☆ Dollar holds on to gains after firm U.S. inflation; focus turns to China data
  + stars: | 2023-10-13 | by ( ) www.cnbc.com   time to read: +2 min
A foreign currency dealer counts US dollar notes at a currency market in Karachi on July 19, 2022. The dollar remained firm on Friday, putting pressure across a basket of currencies as stronger-than-expected U.S. consumer inflation revived prospects that the Federal Reserve will have to keep rates higher for longer. U.S. consumer prices were pushed higher by a jump in rental costs in September, data showed on Thursday. On the day, markets are also focused on a handful of economic data from China out later in the Asian morning, including trade data, consumer inflation and producer prices for September. The Australian dollar , which often trades as a proxy for China growth, stood at $0.6321, while the kiwi fell to $0.59275.
Persons: David Doyle, Macquarie, Kyle Rodda, Sterling Organizations: Federal Reserve, Bloomberg News Locations: Karachi, U.S, Tokyo, China
☆ Liberia election: tallying begins after high turnout
  + stars: | 2023-10-11 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsLiberia election: tallying begins after high turnoutPostedLiberia's electoral commission says vote-counting was high in an election on Tuesday (October 10) that will test the popularity of soccer star-turned-president George Weah. David Doyle has more.
Persons: George Weah, David Doyle Locations: Liberia
☆ French troops begin Niger withdrawal
  + stars: | 2023-10-11 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsFrench troops begin Niger withdrawalPostedIn the latest sign of France's diminishing influence in West Africa, 1,500 soldiers began departing Niger via road on Tuesday. David Doyle has more.
Persons: David Doyle Locations: Niger, West Africa
☆ Will Liberia's voters give George Weah more time?
  + stars: | 2023-10-06 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsWill Liberia's voters give George Weah more time? PostedLiberians vote in an election on Tuesday (October 10) in which soccer-star turned president George Weah is seeking more time, after a first term critics say was marred by corruption and continued hardship. David Doyle has more.
Persons: Will Liberia's, George Weah, David Doyle
☆ What could the market impact be from Gabon's coup?
  + stars: | 2023-08-30 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsWhat could the market impact be from Gabon's coup? PostedMilitary officers say they have seized power in oil-rich Gabon. David Doyle explores the impact on sectors such as oil and mining.
Persons: David Doyle Locations: Gabon
☆ Gabon's president appeals for help after coup
  + stars: | 2023-08-30 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsGabon's president appeals for help after coupPostedGabon's President Ali Bongo urged friends "all over the world" to "make noise" after military officers said they had seized power and placed him under house arrest. David Doyle has more.
Persons: Ali Bongo, David Doyle
☆ Xi calls for expansion at BRICS summit
  + stars: | 2023-08-23 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsXi calls for expansion at BRICS summitPostedLeaders of the BRICS countries - Brazil, Russia, India, China and South Africa, have been speaking at a summit in Johannesburg. The issue of expanding the bloc of emerging countries has been front and center. David Doyle has more.
Persons: Xi, David Doyle Locations: BRICS, Brazil, Russia, India, China, South Africa, Johannesburg
☆ Zimbabweans vote in 'heavily skewed' election
  + stars: | 2023-08-23 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsZimbabweans vote in 'heavily skewed' electionPostedMany in Zimbabwe are hoping for change after two decades of unrelenting economic turmoil - but as they queued at polling stations on Wednesday, analysts were warning that the ruling party is unlikely to relinquish its stranglehold on power. David Doyle has more.
Persons: David Doyle Locations: Zimbabwe
☆ Is Zimbabwe heading for another disputed election?
  + stars: | 2023-08-21 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsIs Zimbabwe heading for another disputed election? PostedZimbabwe's opposition is hoping to defy the odds and end the stranglehold of the ZANU-PF in elections this week - but there are expectations that the contest will be skewed in favor of a party that has ruled for decades. David Doyle has more.
Persons: David Doyle Organizations: ZANU Locations: Zimbabwe
☆ What you need to know about Zimbabawe's election
  + stars: | 2023-07-21 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsWhat you need to know about Zimbabawe's electionPostedZimbabweans head to the polls on August 23. David Doyle explains what's at stake in the one-time bread basket of Africa.
Persons: David Doyle, what's Locations: Africa
☆ Kenya's Ruto says anti-tax protests 'will not happen'
  + stars: | 2023-07-14 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsKenya's Ruto says anti-tax protests 'will not happen'PostedKenya's opposition has called for more protests against tax hikes next week, but the country's president has said they will not be allowed to happen. David Doyle has more.
Persons: Kenya's Ruto, David Doyle
☆ Kenyan opposition leader calls for tax boycott
  + stars: | 2023-06-28 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsKenyan opposition leader calls for tax boycottPosted"We will deny Ruto the taxes" - so said Kenyan opposition leader Raila Odinga on Tuesday as he urged his supporters to boycott measures in a new finance bill and commit acts of civil disobedience. David Doyle has more.
Persons: Raila Odinga, David Doyle Organizations: Kenyan
☆ Macro uncertainties means market downside is still a 'meaningful risk', says Barclays' Venu Krishna
  + stars: | 2023-06-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMacro uncertainties means market downside is still a 'meaningful risk', says Barclays' Venu KrishnaVenu Krishna, Barclays head of U.S. equity strategy and David Doyle, Macquarie head of economics, joins 'Closing Bell Overtime' to talk the day's market action, the possibility of future Fed rate hikes, and more.
Persons: Venu Krishna Venu Krishna, David Doyle, Macquarie Organizations: Barclays
☆ Sierra Leone election marred by transparency fears
  + stars: | 2023-06-27 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsSierra Leone election marred by transparency fearsPostedSierra Leone's electoral commission says incumbent president Julius Maada Bio is leading the vote count in a presidential election that has been marred by claims of a lack of transparency and violence. David Doyle has more.
Persons: Julius Maada, David Doyle Organizations: Sierra Locations: Sierra Leone, Sierra Leone's
☆ Watch CNBC's full interview with Venu Krishna and David Doyle
  + stars: | 2023-06-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Venu Krishna and David DoyleVenu Krishna, Barclays head of U.S. equity strategy and David Doyle, Macquarie head of economics, joins 'Closing Bell Overtime' to talk the day's market action, the possibility of future Fed rate hikes, and more.
Persons: Venu Krishna, David Doyle Venu Krishna, David Doyle, Macquarie Organizations: Barclays
☆ Sierra Leone prepares for a tense election
  + stars: | 2023-06-23 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsSierra Leone prepares for a tense electionPostedSome election-related violence has created a sense of trepidation in Sierra Leone as people prepare to vote in a presidential election on Saturday, amid frustrations over the economy. David Doyle has more.
Persons: David Doyle Organizations: Sierra Locations: Sierra Leone
☆ Eritrea rejoins regional bloc after 16-year absence
  + stars: | 2023-06-13 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsEritrea rejoins regional bloc after 16-year absencePostedEritrea has taken further steps to rebuild ties with its neighbors, announcing late on Monday that it had rejoined the East Africa bloc IGAD. David Doyle has more.
Persons: David Doyle Organizations: East, IGAD Locations: Eritrea, East Africa
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