CNBC’s Rick Santelli reacts to US jobs report
CNBC analyst Rick Santelli was beside himself on Friday as he reacted on the air to the latest federal data ...
Tag: federal reserve
US GDP sinks 0.9% in second quarter, signaling possible recession
The US gross domestic product posted its second straight quarterly decline in an alarming development that economists widely view as ...
Mortgage rates fall as Federal Reserve prepares for more hikes
Average long-term US mortgage rates eased again this week as the Federal Reserve remains likely to raise its benchmark borrowing ...
Inflation fears drove Fed to sharply hike rates: minutes
Federal Reserve officials were concerned at their meeting last month that consumers were increasingly anticipating higher inflation, and they signaled that much ...
Key inflation gauge tracked by the Fed remains a high 6.3%
A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, ...
Fed’s Jerome Powell says ‘clock is running’ to cut inflation
The Federal Reserve will not let the economy slip into a “higher inflation regime” even if it means raising interest ...
NY Fed President John Williams calls for higher interest rates
New York Federal Reserve Bank President John Williams on Tuesday called for further rapid interest-rate hikes to slow the economy and inflation, including a possible second ...
Federal Reserve could take drastic measures to curb inflation
There’s a chance the Federal Reserve could take extreme action to curb rampant inflation — including hiking interest rates by ...
Only 2 things can stop ‘out of control’ inflation
Hedge fund billionaire Bill Ackman delivered a dire forecast about the impact of persistent inflation on the US economy this ...
Goldman Sachs says stocks will slide until Fed clarifies policy
A lengthy losing streak for US stocks is likely to continue until the Federal Reserve reveals the endpoint of its ...
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