Federal Reserve Chair Jerome Powell says that the inflationary effects of tariffs could be "more persistent" during a news conference on Wednesday. Find more: cnb.cx/4p3yb99 | CNBC
Federal Reserve Chair Jerome Powell says that the inflationary ef…
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The U.S. government shut down on Wednesday — which means the Federal Reserve will be flying more blind than usual without key government data. CNBC's Steve Liesman breaks down how this could impact the Fed when it comes to setting interest rates. cnb.cx/484YB50 | CNBC
The U.S. government shut down on Wednesday — which means the F…
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Federal Reserve Chair Jerome Powell on Tuesday suggested the central bank is nearing a point where it will stop reducing the size of its bond holdings, but gave no long-run indication of where interest rates are heading. Speaking to the National Association for Business Economics’ conference in Philadelphia, Powell provided a dissertation on where the Fed stands with “quantitative tightening,” or the effort to reduce the more than $6 trillion of securities it holds on its balance sheet. While he
Federal Reserve Chair Jerome Powell on Tuesday suggested the …
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CNBC Fed Survey
CNBC Fed Survey
Jan 1, 2009
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Fed announces first rate cut in nine months, signals more reductions to come | CNN Business
Fed announces first rate cut in nine months, signals more reductions t…
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Cleveland Federal Reserve President Beth Hammack on Monday said the U.S. central bank faces challenges as it attempts to balance fighting stubborn inflation or protecting jobs. “On the inflation side right now, I continue to be worried about where we are from an inflation perspective,” Hammack told CNBC. Read more: cnb.cx/4nQccBD | CNBC
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Federal Reserve officials were at odds during their October meeting over cutting interest rates, divided over whether a stalling labor market or stubborn inflation were bigger economic threats, minutes released Wednesday showed. Officials expressed skepticism about the need for an additional cut that markets had been widely anticipating, with “many” saying that no more cuts are needed at least in 2025. Read more: cnb.cx/4icKqxN | CNBC
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