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Major central banks diverge on when the first rate cuts will come

European Central Bank (ECB) President Christine Lagarde gestures as she speaks to the media following the Governing Council’s monetary policy meeting at the ECB headquarters in Frankfurt, Germany, December 14, 2023.  Kai Pfaffenbach | Reuters The West’s major central banks all kept interest rates unchanged in recent days, but struck …

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Fed’s John Williams says the central bank isn’t ‘really talking about rate cuts right now’

New York Federal Reserve President John Williams said Friday rate cuts are not a topic of discussion at the moment for the central bank. “We aren’t really talking about rate cuts right now,” he said on CNBC’s “Squawk Box.” “We’re very focused on the question in front of us, which …

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41-year-old mom bought a house in Italy for $62,000

This story is part of CNBC Make It’s Millennial Money series, which details how people around the world earn, spend and save their money. Stephanie Synclair was on her own “Eat, Pray, Love” journey in 2012 when she first visited the place that would become her second home. Synclair was newly into …

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