Interest Rates
Sen. Tillis will oppose Trump Fed chair pick Warsh until Powell probe resolved
Sen. Thom Tillis said Friday that he will oppose President Donald Trump’s nomination of Kevin Warsh as Federal Reserve chair until the criminal probe of the current chair, Jerome Powell, is “fully” resolved. “Protecting the independence of the Federal Reserve from political interference or legal intimidation is non-negotiable,” the North Carolina Republican said in a […]
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CNBC Daily Open: Investors expected the Fed to hold rates — it was Powell’s comments that drew interest
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Jan. 28, 2026. Kent Nishimura | Bloomberg | Getty Images As expected, the U.S. Federal Reserve left its key interest rate steady in a range between 3.5%-3.75%. But what investors […]
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CNBC Daily Open: Fed expectedly keeps rates steady — the intrigue was elsewhere
Federal Reserve Chair Jerome Powell pauses while speaking during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on Jan. 28, 2026 in Washington, DC. Kevin Dietsch | Getty Images As expected, the U.S. Federal Reserve left its key interest rate steady in a range between 3.5%-3.75%. But what investors were […]
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Here are the five key takeaways from Wednesday’s Fed rate decision
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee (FOMC) on interest rate policy, in Washington, D.C., U.S., Jan. 28, 2026. Jonathan Ernst | Reuters The Federal Reserve wrapped up a two-day policy meeting Wednesday, delivering pretty much what the market expected and […]
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Fed holds key interest rate steady as economic view improves
The Federal Reserve on Wednesday voted to take a break from a recent run of interest rate cuts, as the central bank navigates questions about its independence and awaits a new leader. Meeting market expectations, the central bank’s Federal Open Market Committee voted to keep its key interest rate in a range between 3.5%-3.75%. The […]
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Fed has not yet complied with subpoenas as Powell probe continues: Source
Jerome Powell, chairman of the US Federal Reserve, during the Hoover Institution’s George P. Shultz Memorial Lecture Series in Stanford, California, US, on Monday, Dec. 1, 2025. Jason Henry | Bloomberg | Getty Images The Federal Reserve has not yet complied with grand jury subpoenas issued as part of a criminal investigation of Fed Chair […]
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The Fed releases its latest interest rate decision Wednesday. Here’s what to expect
U.S. Federal Reserve Chair Jerome Powell holds a press conference after the Fed cut interest rates by quarter of a percentage point, in Washington, D.C., U.S., October 29, 2025. Kevin Lamarque | Reuters This week’s Federal Reserve meeting offers little suspense and probably not much action, even as massive changes loom over the central bank’s […]
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Supreme Court case on Trump bid to fire Fed Governor Lisa Cook set for oral arguments
Lisa Cook, governor of the US Federal Reserve, and U.S. President Donald Trump. Ting Shen | Bloomberg | Getty Images | Jonathan Ernst | Reuters The Supreme Court is set to hear oral arguments on Wednesday morning in a case over whether President Donald Trump has the power to fire Federal Reserve Gov. Lisa Cook […]
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Some in BOJ see scope to raise rates sooner than markets expect, sources say: Reuters
The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Friday, Dec. 19, 2025. Photographer: Akio Kon/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Some Bank of Japan policymakers see scope to raise interest rates sooner than markets expect, with April a distinct possibility, as a sliding yen risks adding to already broadening […]
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Fed’s Goolsbee says inflation could come ‘roaring back’ if central bank independence goes away
Chicago Federal Reserve President Austan Goolsbee expressed caution Thursday about recent attacks on the central bank and Chair Jerome Powell, saying they could adversely affect inflation. “Anything that’s infringing or attacking the independence of the central bank is a mess,” Goolsbee said during a CNBC “Squawk Box” interview. “You’re going to get inflation come roaring […]
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