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CNBC's Steve Liesman and Torsten Slok, Apollo partner and chief economist, join 'Closing Bell' to discuss the Federal Reserve ...
Trump and Wall Street want the Fed to lower the target policy interest rate and fuel more monetary inflation. If Trump gets his way, ordinary people will suffer ...
The Labor Department reported Thursday that the producer price index (PPI)—a measure of wholesale inflation before it hits ...
U.S. Treasury Secretary Scott Bessent said he isn’t calling for a series of interest-rate cuts from the Federal Reserve, just pointing out that models suggest a “neutral” rate would be about 1.5 ...
Economy will grow more slowly, inflation will move higher in Trump's term amid his tariff, immigration, budget plans. But U.S. should dodge recession ...
Chicago Federal Reserve president Austan Goolsbee described President Trump’s wide-ranging tariffs as “stagflationary” on ...
New economic data releases could increase mortgage rate volatility in the coming weeks, leading up to the Fed's September ...
President Donald Trump has threatened a "major lawsuit" against Federal Reserve Chair Jerome Powell, while once again calling for an immediate cut to interest rates following muted inflation data.
The 30-year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week.
NEW YORK (AP) — Most stocks fell on Wall Street Thursday after a disappointing report said inflation was worse last month at ...
Consumer sentiment worsened in August, snapping two consecutive months of improved attitudes among shoppers as President ...
In recent months, President Trump's tariff strategy has avoided triggering runaway inflation or an outright recession, but instead introduced a stealth economic hazard: a persisten ...