Hosted on MSN5m
Atlanta Fed’s Raphael Bostic Reportedly Says It’s Unclear When The Next Rate Cut Will Happen
Atlanta Federal Reserve President Raphael Bostic reportedly said on Wednesday that it is unclear when the central bank can ...
U.S. inflation spikes unexpectedly in first 2025 reading
An increase in housing-related costs is the primary driver behind jump to 3% inflation as skyrocketing egg prices push up ...
Trump wants interest rate cuts. The market isn't buying it.
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
Hosted on MSN2h
US retail spending slows but stays higher year on year
Data from the CNBC/NRF Retail Monitor shows online sales saw the highest growth, while health and personal care stores had ...
Stocktwits on MSN3h
Bank Of America CEO Reportedly Says Fed Unlikely To Cut Rates This Year: ‘Our Research Team Has Taken All Rate Cuts Off The Table’
Bank of America CEO Brian Moynihan has reportedly said the Federal Reserve is unlikely to cut rates this year as consumer ...
Mediaite4h
‘Our Worst Nightmare!’ CNBC Anchors Watch Stocks ‘Tank’ As Price Inflation Report Comes In Hot Even Before Trump Tariffs
CNBC anchors Becky Quick and Joe Kernen were alarmed as stock futures "tanked" on worse-than-expected CPI in the January inflation report.
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are'
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
Stocktwits on MSN5h
Consumer Prices Up 0.5% In January, Higher-Than-Estimated Figures Spook Stocks, Bonds: Retail Even Considers ‘Rate Hike’ As Solution
Consumer price index (CPI) rose 0.5% on a seasonally adjusted basis in January while the annual inflation rate rose 3%, ...
Stock futures are little changed as traders brace for January consumer inflation report: Live updates
Traders were on guard after Federal Reserve Chair Jerome Powell said on Tuesday that the central bank is in no hurry to lower ...
Baton Rouge Business Report1d
Roundup: CFPB leadership / Egg prices / EV incentives
Two senior leaders at the Consumer Financial Protection Bureau announced their resignations the day after acting Director Russell Vought instructed all staff to cease working. In separate memos sent ...
bankingdive1d
CFPB’s enforcement, supervision chiefs step down
The moves come after the bureau’s new leaders issued stop-work orders – and threatened personnel action in cases of ...
2 top CFPB officials quit after Trump, Musk target U.S. consumer protection agency
Two top officials in the U.S. Consumer Financial Protection Bureau resigned Tuesday as the Trump administration takes aim the ...