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June 17, 2023
March of 2022. powell will testify to the senate about policies thursday. former u.s. international trade commission chief peter morici joins us to discuss what this means and peter is good at putting this in simple language. we just heard the fed chairman say getting inflation back to 2% has a long way to go. if that is the case, why did they policy interest rate hikes? >> using money and inflation is good for workers, wages will rise faster than inflation. he has put several people on the boar...
June 16, 2023
When will the Fed start lowering interest rates? Its recent forecast for two more rate hikes this year has pushed out estimates for rate cuts.
June 14, 2023
Even with the pause, Fed officials suggest further increases may come depending on how close economy gets to 2% inflation target
June 14, 2023
Inflation. this decision comes just as two key indicators show prices did ease quite a bit in the past month. joining us now, we have cnn chief business correspondent christine romans. the question i think on everyones minds, is will the fed be done raising interest rates, even if they hold them steady this month? >> yeah. it is a pal pous, just for one month, and then they keep raising interest rates or is this the beginning of the end of the rate increases and thats the question were waiting f...
June 8, 2023
Stay updated with the latest financial market news, including the falling dollar, rising jobless claims, inflation data, and upcoming interest rate decisions.
June 7, 2023
Dollar strengthens as investors await U.S. inflation data and Fed's interest rate decision. Canadian dollar surges after rate hike, while trade deficit widens.
June 6, 2023
Gold prices trade cautiously within a narrow range as investors await signals from the Federal Reserve's upcoming policy meet and assess interest rate prospects.
May 29, 2023
European stock indexes edge lower as euro zone bond yields drop. News of a U.S. debt ceiling deal keeps Wall Street futures positive.
May 25, 2023
How The Fed Rate Increases Will Impact Mortgages
May 15, 2023
Jefferson Is Biden's Pick for Second in Command at the Fed; U.S. Tax Revenue Coming Up Short By James Christie Good day. Federal Reserve governor Philip Jefferson is in line to become second in command at the central bank if the Senate confirms his... | 07:16am