Susan Collins, president of the Federal Reserve Bank of Boston, speaks during the National Association for Business Economics' Economic Policy Conference in Washington, D.C., March 30, 2023.Ting Shen | Bloomberg | Getty ImagesTwo Federal Reserve policymakers expressed support Friday for keeping interest rates...
Federal Reserve Board Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, D.C., on July 26, 2023.SAUL LOEB | GettyThe Federal Reserve stayed put on Wednesday but forecast it will raise interest...
The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more hike before the end of the year and fewer cuts than previously indicated next year.That final increase, if realized, would do it for...
Instacart gift cards are displayed at a Safeway store on August 28, 2023 in San Anselmo, California.Justin Sullivan | Getty Images News | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up...
Former President Donald Trump speaks with the press at the Iowa Pork Producers booth during the 2023 Iowa State Fair at the Iowa State Fairgrounds, Aug. 12, 2023.Demetrius Freeman | The Washington Post | Getty ImagesFormer President Donald Trump complained that interest rates...
Jim O'Neill, former chief economist Goldman Sachs Group, in Italy in 2019.Alessia Pierdomenico | Bloomberg via Getty ImagesVeteran economist Jim O'Neill says central banks will need to keep interest rates up around 5% across major economies for longer than the market expects, even...