News

Fed is in 'wait and see' mode on rate cuts, says former Fed Vice Chair Richard Clarida
Richard Clarida, former Federal Reserve Vice Chairman and current global economic advisor at PIMCO, joins CNBC's "Closing ...
Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But ...
Why Trump is accusing Fed Chair Powell of lying—and what it means for interest rates
White House advisors allege Powell misled US Congress about building expenses as they search for legal grounds to unseat him.
Next Fed leader may struggle to deliver the rate cuts Trump wants, watchers say
Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...
Trump demands 'terrible' Fed chair Powell resign immediately, calls for rate cuts
President Donald Trump on Tuesday said Chairman Jerome Powell to resign immediately, and renewed his calls for the central ...
Donald Trump’s rate-cut wish may finally be inching closer, as Fed meeting notes reveal a ‘master class’ in indecision
Fed officials are increasingly split on rate cuts, though UBS’s Paul Donovan says their indecision currently amounts to ...
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...