News

Public Broadcasting Service (PBS)8h
How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...
Trump says Federal Reserve should lower interest rates by 3 points
The Bureau of Labor Statistics on Tuesday released June inflation data, showing prices increased from the prior month. Hours ...
Why Isn't the Fed Cutting Interest Rates? What To Know
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Jamie Dimon touts Fed independence as Trump ponders replacing Jerome Powell
JPMorgan Chase CEO Jamie Dimon went to bat Tuesday for the Federal Reserve and its chair, Jerome Powell, as the White House ...
Asia Shares Struggle, Dollar Soars on Lowered Fed Rate Cut Bets
Brent crude futures fell 5 cents to $69.16 a barrel, while U.S. West Texas Intermediate crude futures declined 9 cents to $66 ...
Trump urges rate cuts to boost savings, but Fed says economy is strong
Economic experts say the Federal Reserve is unlikely to cut rates despite President Donald Trump's demands due to uncertainty ...
Fed's extended rate hike campaign is expanding banks' net interest margins, says Argus Research's Biggar
CNBC's "Closing Bell" team discusses what to expect from upcoming bank earnings with Stephen Biggar, director of financial ...
Trump Is Considering a ‘Shadow Fed.’ Here’s Why That's Risky
President Donald Trump has signaled he’s already looking to replace Federal Reserve Chair Jerome Powell far earlier than ...