Why the Fed’s Next Interest Rate Move Is Becoming So Hard to Predict
What should the Fed do to fight high inflation while preventing the job market from collapsing? Ask its 12 leaders and you'll get 12 different answers.
Fed Vice Chair Says Economic Trade-Offs Justify Lowering Rates Slowly
Philip Jefferson offered a case study in the central bank’s predicament Monday, acknowledging the risk of stubborn inflation ...
Dow plunges 300 points on fears of AI bubble, waning hope for Fed rate cut
The S&P 500 dipped 0.8% while the tech-heavy Nasdaq fell 1.1% as investors panicked over whether AI firms have been ...
Jerome Powell’s era of consensus at the Fed is over
Federal Reserve policymakers are split over whether they should continue cutting interest rates, ending the long stretch of consensus that has defined Chair Jerome Powell’s leadership of the central ...
Gold slips to one-week low as traders scale back US rate cut bets
Gold prices fell to their lowest levels in more than a week on Tuesday as fading bets on a Federal Reserve interest rate cut ...
Fed's hawkish rate cut tone is behind bitcoin pullback, says Pantera's Jiang
CNBC’s “The Exchange” team discusses what is behind bitcoin's recent pullback with Cosmo Jiang, general partner at Pantera ...
Fund managers are bullish. Bank of America warns of trouble ahead if the Fed doesn’t cut.
Strategists at Bank of America warn that the optimism expressed by fund managers could provide an air pocket for stocks to ...