News

Why Trump's push for a 1% Fed policy rate could spell trouble for US economy
A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as ...
Fed official reveals why America's economy remains 'really healthy' despite holding off on rate cuts
Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the ...
'There is vulnerability here': Fed chair taps inspector general to review HQ renovation amid escalating Trump fight
After his weeks-long pressure campaign failed, Donald Trump is escalating his fight with Federal Reserve Chair Jerome Powell.
Under fire for cost overruns, Powell asks watchdog to review the Fed’s $2.5 billion renovation plan
Federal Reserve Chair Jerome Powell has asked the central bank’s inspector general to conduct an additional review of an ...
Fed's Powell asks watchdog to take fresh look at renovation project, Politico reports
U.S. Federal Reserve Chair Jerome Powell has asked the Fed board's inspector general to take a fresh look at the project ...
Trump economic adviser Kevin Hassett is rising in race for next Fed chief
Kevin Hassett, Trump’s longest-serving economic adviser, is a leading contender to become the next Federal Reserve chairman, ...
Fed's extended rate hike campaign is expanding banks' net interest margins, says Argus Research's Biggar
CNBC's "Closing Bell" team discusses what to expect from upcoming bank earnings with Stephen Biggar, director of financial ...
Fed judge: Immigration officials can't stop people in L.A. based on race or spoken language
President Trump is facing growing backlash over his administration's immigration crackdown. A federal judge in California ...