Fed, inflation and interest rate
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Russell T. Vought, the head of the Office of Management and Budget, said he and other administration officials wanted access to the Fed’s building in Washington.
With the Federal Reserve's July meeting on the horizon, many prospective homebuyers and homeowners are wondering what it could mean for mortgage rates. After years of relatively high borrowing costs, even the slightest dip could open doors for those hoping to buy or refinance. But the path forward is far from clear.
Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade barriers are likely to spark more inflation in the months ahead. Speaking at a housing conference in Washington,
The U.S. Federal Reserve should not cut interest rates "for some time" as the impact of Trump administration tariffs begin passing through to consumer prices, with tight monetary policy needed to keep inflationary psychology in check,
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Mark Coombs, Ashmore Group CEO, joins CNBC's 'Squawk on the Street' to discuss the importance of central bank independence, how dollar weakness is impacting outlooks on the U.S., and more.
Former Federal Reserve Governor Kevin Warsh believes the Federal Reserve has mishandled interest rates and faces a credibility deficit due to changing policy goalposts. In an interview with CNBC, Warsh emphasized that the Fed’s current problems stem primarily from its own mistakes rather than external criticism.
A healthy crop of earnings helped European stocks bust out of a four-day losing streak on Thursday, Wall Street was watching Netflix and the dollar bounced after U.S. President Donald Trump quashed talk he was about to fire Fed head Jerome Powell.