DAVOS, Switzerland (Reuters) -U.S. President Donald Trump told business leaders gathered at the World Economic Forum in Davos, Switzerland, on Thursday that he is working to reverse inflation and illegal immigration while boosting fossil fuels production in the United States.
The biggest threat to the world economy in the next year is the prospect that inflation turns out to be persistent, former Swiss central bank chief Philipp Hildebrand said.The combination of aging societies,
BlackRock Inc. Chief Executive Officer Larry Fink said investors are too quick to conclude that high inflation is over, raising the prospect that bond yields will rise along with steeper prices.
Key Takeaways President Donald Trump spoke remotely at the World Economic Forum meeting in Davos Thursday, promoting his "America First" economic agenda.Trump said he would use tariffs to push companies to make products in the U.
The biggest threat to the world economy in the next year is the prospect that inflation turns out to be persistent, former Swiss central bank chief Philipp Hildebrand said.
Treasury yield surpassed 5%, it could "shock" the stock market and "force a revaluation," BlackRock's Larry Fink said.
The Bank of Israel could reduce short-term interest rates one or two times in the second half of 2025 as long as inflation moves back below 3%, Governor Amir Yaron said on Wednesday.
Inflation driven by tariffs is among the biggest market risks in 2025, Nicolai Tangen, head of the world's biggest sovereign wealth fund, said Tuesday.
CEO Brian Moynihan catches up with Yahoo Finance Brian Sozzi at the 2025 World Economic Forum in Davos, Switzerland. Moynihan outlines the expected impact of President Donald Trump's tariffs and the possibility of a Federal Reserve interest rate hike.
South Africa's economic outlook is better this year than last, but the inflation picture is more muddied as risks abound, its central bank governor said on Tuesday.
JPMorgan Chase & Co. President Daniel Pinto discusses the state of the US economy as Donald Trump's new administration takes office. He also discusses mergers and acquisitions, inflation in the US and how geopolitics could derail optimism.
A survey found an unprecedented lack of faith in governments, business leaders and the media. Read more at straitstimes.com.