Food inflation is going to pick up next year, but Whole Foods should manage it easily, the upscale grocer’s co-CEO told CNBC’s “Closing Bell” on Tuesday.
Stocks have marched higher as many investors bet that the world’s policymakers will fix what ails the global economy. But with risks across the globe still lurking, many pros are quietly sticking with quality, dividend-paying large-cap stocks.
Chinese policymakers are likely to cut interest rate and reserve ratio requirements this quarter, JPMorgan’s Chief Asian and Emerging Markets Equity Strategist, Adrian Mowat, told CNBC’s “Squawk on the Street” on Thursday.
Lending should continue to increase in the third quarter, but at a slower pace than the second quarter, regional bank PNC Financial CEO James Rohr said on CNBC’s “Squawk Box” Tuesday.