Tag: Interest Rates
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Fed officials were split on direction of interest rates at last meeting, minutes show
The Federal Reserve on Wednesday released minutes from its June 16-17 meeting.
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Fed meeting minutes to show ‘family fight’ over rates. The squabble could drag on for a while
There have been few instances over the past 35 years or so when the Fed has only made one rate move, be it up or down.
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Weak jobs growth and easing oil prices reinforce expectations for Fed pause, analysts say
U.S. Fed is unlikely to raise interest rates for now, amid lower oil prices and eased tensions in the Middle East, analysts say.
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5 takeaways from President Donald Trump’s interview with CNBC
The president defended his family’s business and said he feels bad that the presidency creates a conflict of interest in any of his children’s investments.
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Watch Fed Chief Kevin Warsh and other central bank leaders talk rate policy at ECB forum: Live updates
The Fed chairman joins a panel of other central bank leaders Wednesday at the ECB Forum on Central Banking in Sintra, Portugal.
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Cleveland Fed President Hammack sees AI fueling inflation, says rate hikes may be necessary
“We’ve got inflation that’s too high, and it’s been too high for the past five years,” Beth Hammack told CNBC’s Sara Eisen.
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Supreme Court rules Trump cannot fire Fed Governor Lisa Cook for now
The ruling by the Supreme Court means that Lisa Cook will remain as a Federal Reserve governor as her lawsuit challenging Trump’s effort to fire her proceeds.
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Minneapolis Fed President Neel Kashkari says he expects a rate hike this year
Kashkari said he sees a hike likely this year as the economy continues to feel the hit from spiking inflation.
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Trump eases pressure on Fed Chairman Kevin Warsh as inflation tops 4%
President Donald Trump’s economic advisers are giving Warsh space as the new Fed chairman on interest rates as the president repeats calls to cut.
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Why is gold falling as inflation rises? The myth explained
Gold is heading for a fourth monthly fall even as US inflation hits a three-year high. Here is why higher rates, not inflation, now drive the gold price.
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