The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...
President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the ...
Financial writer discusses JPMorgan Chase's strong results, Federal Reserve policies, and how they impact future banking stock performance.
Could the Federal Reserve be done cutting rates already? Some on Wall Street certainly think so. Market-implied odds that there will be no further rate cuts in 2025 have been climbing, and were given ...
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs ...
Minutes from the most recent meeting of Federal Reserve policymakers showed uncertainty about the impact of President-elect Trump's immigration and tariff policies on inflation. The Fed's ...
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...
President-elect Donald Trump is set to inherit inflation at a 5-month high. According to the Labor Department, consumer prices rose 2.9% year-over-year and 0.4% month-over-month in December, the ...