Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it…
Watch Federal Reserve Chair Jerome Powell speak live in Atlanta on policy
[The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a…
Zelenskyy says ‘new phase of war’ has begun, Hungary to back EU ‘strategic partnership’
This was CNBC’s live blog tracking developments on the war in Ukraine. Ukrainian President Volodymyr Zelenskyy on Thursday called for…
Fed’s favorite gauge shows inflation rose 0.2% in October and 3.5% from a year ago, as expected
Inflation as measured by personal spending increased in line with expectations in October, possibly giving the Federal Reserve more incentive…
Baby among civilians injured in missile strikes on Ukraine; Russia causes a stir at security summit
This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates. Ukrainian officials…
Here’s what it would take for the Fed to start slashing interest rates in 2024
Interest rate cuts don’t happen during good times, something important for markets to remember amid hotly anticipated easing next year…
Fed’s Barkin says rate hikes are still on the table if inflation doesn’t continue to ease
Richmond Federal Reserve President Thomas Barkin said Wednesday that policymakers need to retain the option of raising interest rates if…
U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated
The U.S. economy grew at an even stronger pace then previously indicated in the third quarter, the product of better-than-expected…
