Fed Chair Powell won’t be fired but should cut interest rates
U.S. President Donald Trump speaks at the White House in Washington, D.C., U.S., April 22, 2025.Kevin Lamarque | ReutersPresident Donald…
Fed Governor Waller says inflation softening faster than he expected put him in half-point-cut camp
Federal Reserve Governor Christopher Waller said Friday he supported a half percentage point rate cut at this week's meeting because…
Fed cuts rates by a half point at September 2024 meeting
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid…
Aggressive Fed move is unlikely to spur a surprise Bank of England cut
Commuters outside the Bank of England (BOE) in the City of London, UK, on Monday, Sept. 16, 2024. The central…
Wholesale prices rose 0.2%, in line with expectations
Wholesale prices rose in August about in line with expectations, the final inflation data point as the Federal Reserve gets…
Weak EU growth threatening bloc’s geopolitical relevance
Italian Prime Minister Mario Draghi during the press conference at the Multifunctional Hall of the Prime Minister on July 12,…
Saudi investment minister touts green shoring on path to diversification
Khalid Al-Falih, Saudi Arabia's investment minister, during the Bloomberg New Economy Forum in Singapore, on Wednesday, Nov. 8, 2023. Bloomberg |…
Jobs report August 2024:
The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the…
Fed’s favorite inflation indicator increased 0.2% in July, as expected
Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to…
CNBC Daily Open: A ‘crazy’ summer
Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New…