News

Fed's Daly: Two rate cuts, more or less, appropriate this year

San Francisco Federal Reserve Bank President Mary Daly, in an interview following economic reports showing ...

US Fed to cut rates in September and once more this year, say most economists: Reuters poll

A Federal Reserve interest rate cut in September, the first this year, followed perhaps by another before year-end remains ...

The Fed Might Cut Rates in 5 Weeks—Get 5% on Your Cash Before It's Too Late

With the Fed expected to change course soon, now’s the time to put your cash in a top-paying account and capture strong ...

Fed Chair Faces Scrutiny at Major Policy Speech. Also, Bats.

A colony of bats recently took up residence at the storied Jackson Lake Lodge, where central bankers and economic ...

Fed should cut rates but they're weighing inflation more than employment, says Apollo's Torsten Slok

CNBC's Steve Liesman and Torsten Slok, Apollo partner and chief economist, join 'Closing Bell' to discuss the Federal Reserve ...

Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health

"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...

Fed Portfolio Shift Could Hand Treasury $2 Trillion, BofA Says

A possible shift in the composition of the Federal Reserve’s portfolio of Treasury holdings could result in the central bank ...

Fed to End Program That Stepped Up Bank-Crypto Scrutiny

The Federal Reserve said it will wind down a Biden-era initiative that was designed to step up scrutiny of lenders’ ...

Powell at Jackson Hole, Fed Minutes, Walmart Earnings: What to Watch Next Week

Next week's set-piece event is the Jackson Hole central-bank gathering in Wyoming, slated for Thursday through Saturday.

Fed Rate Cut Grows More Likely as Inflation Holds Steady at 2.7%

Inflation held steady in July and ran slightly cooler than expected, increasing the odds of a Federal Reserve rate cut next ...

Mother Says She Donated Daughter's Pony to Zoo to be Fed to Lions

A mother recently took up a zoo's request to donate pets to feed predators in the facility. In a recent interview with The ...

Is the Fed ready to cut interest rates? Experts weigh in

Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...