Top economists unanimous on ‘higher for longer’ rates as inflation threats linger
Top economists and central bankers appear to be in agreement on one thing: interest rates will stay higher for longer,…
Philadelphia Fed President Harker advocates holding interest rates ‘where they are’
Philadelphia Federal Reserve President Patrick Harker said Friday he thinks the central bank can stop raising interest rates. “Absent a…
Getting to 2% inflation won’t be easy. This is what will need to happen, and it might not be pretty
In theory, getting inflation closer to the Federal Reserve’s 2% target doesn’t sound terribly difficult. The main culprits are related…
Biden takes credit for easing inflation, strong job market as GOP polls better on economy
WASHINGTON — President Joe Biden lauded Thursday’s Labor Department report showing relatively stable inflation, taking credit for a recent spate…
Fed officials see ‘restrictive’ policy staying in place until inflation eases, minutes show
Federal Reserve officials at their September meeting differed on whether any additional interest rate increases would be needed, though the…
Housing industry urges Powell to stop raising interest rates or risk an economic hard landing
Top real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry…
Bill Ackman says the economy is starting to slow and the Fed is likely done hiking
Pershing Square’s Bill Ackman on Monday sounded alarms on the economy, which he believes has begun to decelerate on the…
Watch live: Top oil CEOs join CNBC at ADIPEC to discuss the energy transition
[The stream is slated to start at 5 a.m. ET. Please refresh the page if you do not see a…
Bill Ackman believes the 10-year Treasury yield could approach 5% soon
Billionaire hedge fund manager Bill Ackman believes long-term Treasury yields can shoot even higher in the short run on the back…
Fed’s Neel Kashkari isn’t sure if interest rates are high enough to stop inflation
Minneapolis Federal Reserve President Neel Kashkari said Wednesday he’s unsure whether the central bank has raised interest rates enough to…
