Adriana Kugler, one of the seven members of the Fed’s governing board, reinforced the central bank’s independence from political influence, describing it as essential for a stable economy. Kugler ...
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management, joins CNBC's 'Closing Bell Overtime' to discuss ...
Strong U.S. economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and ...
The Federal Reserve cut its influential interest rate for the second meeting in a row last week to boost the economy and ...
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...
Federal Reserve Bank of Chicago President Austan Goolsbee on Friday signaled he feels the U.S. central bank will likely end ...
The Fed has two main objectives: maintain maximum employment and contain inflation. Although one single data point is never ...
U.S. stocks are falling toward their worst loss since Election Day on Friday as the big bump Wall Street got from last week’s ...
Jerome Powell's comment that the Fed won't be quick to make rate cuts raised mortgage rates to an even higher level on Friday, eclipsing 7%.
Experts have been saying that mortgage rates will go down in 2025, but if inflation rises under Trump, we could actually see ...