News

Fed expected to stick with regular-sized rate cut after hot inflation data

A jump in U.S. wholesale prices last month looks to have all but erased the possibility that the Federal Reserve will deliver ...

Fed’s Musalem Says Too Early to Make a Call on September Rate

Federal Reserve Bank of St. Louis President Alberto Musalem said it’s too early for him to decide on whether to lower ...

Fed Faces High Bar for Big Cuts Despite White House Pressure

The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...

Oil prices rise as Fed rate cut, Trump-Putin talks loom

Oil prices rose about 1% on Thursday after U.S. President Donald Trump warned of "severe consequences" if his talks with ...

Bessent: 'I didn't tell the Fed what to do.'

Treasury Secretary Scott Bessent on Thursday said his words a day before about rate cuts were just a suggestion for the ...

Watch CNBC's full interview with St. Louis Fed President Alberto Musalem

Alberto Musalem, St. Louis Federal Reserve president, talks with CNBC's Steve Liesman to discuss outlooks on inflation, how ...

Exclusive: Fed's Daly Says Jumbo Rate Cut Next Month Doesn’t Seem Warranted

San Francisco Fed President Mary Daly pushed back against the need for an interest-rate cut of a half percentage point, or 50 ...

September Fed rate-cut expectations barely budge after PPI

Thursday's hotter-than-expected PPI report hasn't moved the needle much when it comes to traders' expectations for a ...

Stock Market Fear Gauge Sinks. Why Fed Rate Moves Can Reverse That.

Trump’s emerging markets behavior, Amazon takes aim at Walmart, Bullish IPO exceeds expectations, and more news to start your ...

Bessent outlines the qualities he's looking for as he vets Trump's Fed shortlist

Treasury Secretary Scott Bessent shares what characteristics he is looking for as he interviews candidates to succeed ...