The data spells at least a mild stagflationary environment that will make policymaking troublesome.
It's a tough case to sell that higher interest rates today are having a substantially negative impact on the course of the economy.
That means credit can provide a "very solid foundation" to an investment portfolio, the Oaktree Capital Management co-founder told CNBC.
Further increases in the benchmark borrowing rate are making their way back into the public conversation.
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.
The sanctions by the Department of the Treasury's Office of Foreign Assets Control target 16 individuals and two entities involved in Tehran's drone production.
Experts now see the Fed waiting until at least September and are increasingly entertaining the possibility of no cuts at all this year.
Powell said that while inflation continues to make its way lower, the current state of policy should remain intact.
Fed Chair Jerome Powell speaks to the Wilson Center's Washington Forum on the Canadian Economy.
Yellen's comments come as Israel's wartime Cabinet is weighing how to respond to the attack in retaliation for an Israeli strike on an Iranian consulate in Syria.
The bank is on the right path to increasing efficiencies, with many positives outweighing the negatives in Tuesday's report.
The head of the world's largest money manager said it's unlikely the central bank will hit its 2% goal anytime soon.
The producer price index was expected to increase 0.3% in March, according to the Dow Jones consensus estimate.
Goldman Sachs still expects stubbornly high U.S. inflation to ease over the coming months, despite yet another print showing that consumer prices remain sticky.
The Federal Reserve is likely to cut rates before the European Central Bank does, a former member of the Bank of England said.
The Fed released the minutes from its March meeting.
https://www.cnbc.com/2024/04/10/fed-meeting-minutes-point-to-caution-on-inflation.html
March's consumer price index release Wednesday helped verify worries that inflation is proving stickier than thought.
The Fed is determined not to reduce interest rates too soon, experts say — a mistake the central bank has made in the past.
The Bank of England will on Friday publish a long-awaited review by former Federal Reserve Chair Ben Bernanke that could lead to significant changes in its policymaking.
Markets this week will get two key signals on how soon and to what extent the Fed will cut interest rates.
https://www.cnbc.com/2024/04/08/fed-rate-cuts-as-few-as-2-expected.html
Janet Yellen arrived in China on Thursday and is due to depart on Tuesday.
Here are the most important news items that investors need to start their trading day.
https://www.cnbc.com/2024/04/08/5-things-to-know-before-the-stock-market-opens-monday.html
The Fed is more likely to err on the side of caution given its past mistakes, says one chief economist.
https://www.cnbc.com/2024/04/08/they-cant-get-it-wrong-again-will-the-fed-cut-rates-this-year.html
CNBC’s Daily Open is going on a two-week hiatus after today's newsletter. We’ll be back on Monday April 22. See you then!
https://www.cnbc.com/2024/04/08/cnbc-daily-open-what-rate-cut.html
March's robust job gains may push the Fed into a more cautious stance regarding potential rate cuts.
Bowman said that it's possible more hikes could be needed, rather than the cuts the market is expecting.
Jan Hatzius, chief economist at Goldman Sachs, said Friday that he still expects three interest rate cuts from the Federal Reserve this year.
The growing concerns around the nation's rising debt and deficit is understandable.
Federal Reserve Chairman Jerome Powell said Wednesday it will take a while for policymakers to evaluate the current state of inflation.
Federal Reserve Chair Jerome Powell speaks Wednesday to the Stanford Business, Government and Society forum.