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…
Fed’s Neel Kashkari sees 40% chance of ‘meaningfully higher’ interest rates
Minneapolis Federal Reserve President Neel Kashkari thinks there’s nearly a 50-50 chance that interest rates will need to move significantly…
Dimon warns that the Fed could still raise interest rates sharply from here
JPMorgan Chase CEO Jamie Dimon is warning that interest rates could go up quite a bit further as policymakers face…
Some soft commodity prices are surging, adding to consumer woes
Surging prices for soft commodities, from orange juice to live cattle, are complicating the inflation picture. A host of agricultural…
