Interest Rates
Cleveland Fed’s Hammack warns of ‘challenging time’ amid inflation worries
Federal Reserve Bank of Cleveland President Beth Hammack attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole Economic Policy Symposium, “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy”, in Jackson Hole, Wyoming, U.S., August 21, 2025. Jim Urquhart | Reuters Cleveland Federal Reserve President Beth Hammack on Monday said the U.S. central […]
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‘Spectacular’ AI growth is creating a serious labor market problem for Fed, Jefferies’ David Zervos warns
Fast Money ‘Spectacular’ AI growth is creating a serious labor market problem for Fed, Jefferies’ David Zervos warns Published Sat, Sep 27 202512:00 PM EDT Alexa LoMonaco Stephanie Landsman@stephlandsman WATCH LIVE Source
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CNBC Daily Open: Bad timing for OpenAI’s Stargate to come online
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images Talk about bad timing. OpenAI’s first Stargate development to come online — a data center in Texas that’s stuffed to the […]
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Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
Key Points Fed Chair Jerome Powell said that weakness in the labor market is outweighing concerns about stubborn inflation, leading to a decision to lower the central bank’s key interest rate last week. “This policy stance, which I see as still modestly restrictive, leaves us well positioned to respond to potential economic developments,” he added […]
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Watch Fed Chair Jerome Powell speak live on interest rates and the economy
[The stream is slated to start at 12:35 p.m. ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above.] Federal Reserve Chair Jerome Powell speaks Tuesday to the Greater Providence Chamber of Commerce 2025 Economic Outlook Luncheon. This is Powell’s first speech […]
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Chicago Fed President Goolsbee says officials have to be careful not to get too aggressive with rate cuts
Key Points Chicago Fed President Austan Goolsbee expressed caution about lowering interest rates as the U.S. economy grapples with the forces of slower growth and a weaker labor market. “With inflation having been over the target for four and a half years in a row and rising, I think we need to be a little […]
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CNBC Daily Open: A virtuous cycle for Nvidia and OpenAI
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference (GTC) at the SAP Center in San Jose, California, U.S. March 18, 2025. Brittany Hosea-Small | Reuters Rarely in life do you get a win-win scenario, but Nvidia seems to have conjured one in its partnership with OpenAI. The chipmaker — which […]
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Fed Governor Stephen Miran pushes case for central bank to slash key interest rate
Key Points Less than a week after taking his seat, Fed Governor Stephen Miran outlined the reasons why he thinks the central bank’s benchmark interest rate is far too high and should be lowered aggressively. Miran thinks the federal funds rate, a level that banks charge each other for overnight lending but that influences a […]
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Watch new Fed Governor Stephen Miran speak live on the economy and interest rates
[The stream is slated to start at Noon ET. CNBC Television will start the stream when the event begins. Please refresh the page if you do not see a player above.] New Federal Reserve Governor Stephen Miran speaks Monday to the Economic Club of New York to explain his views on the economy and monetary […]
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Asia-Pacific markets set to open mixed ahead of China’s loan prime rate decision
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and […]
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