Inflation rises unexpectedly, complicating picture for the Fed
U.S. inflation rose to 3% in January, driven by increased consumer prices in sectors like groceries and gasoline. Core CPI ...
CNBC Daily Open: Hotter-than-expected inflation stokes U.S. policy concerns
With prices on the rise and higher than expected, the chances that the U.S. Federal Reserve will cut rates more than once or ...
Live updates: Judge unfreezes Trump’s federal buyout plan; Tulsi Gabbard sworn in as intel chief
Follow live updates as the Senate votes on Tulsi Gabbard's nomination. The House DOGE subcommittee, led by Rep. Marjorie ...
Here’s What CFPB Hold Means for Consumers
The Consumer Financial Protection Bureau, which Congress established to monitor credit card companies, mortgage providers, debt collectors and other segments of the consumer finance industry, is the ...
Warren, Waters question Fed chair on proposal ‘upending’ bank stress test framework
Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to ...
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The CFPB – which put $20 billion back in the hands of everyday folks – is ordered to stop work
Experts warn that without the Consumer Financial Protection Bureau, another financial crisis – like in 2008 – could happen.
Powell refrains from saying which way interest rates could go based on Trump's policies
Federal Reserve Chair Jerome Powell, appearing for a second day of testimony before Congress, said central bank officials remain in a wait-and-see mode when it comes to deciding where interest rates ...
Inflation soars in January, hampering plans for rate cuts
Grocery prices were up by 0.5% compared to December, with a nationwide outbreak of bird flu being the likely culprit. The ...
US inflation got worse with rising groceries and gasoline prices
U.S. inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the Federal Reserve’s resolve to delay any further interest rate cuts ...
Fed's Powell sees a ways to go on shrinking Fed holdings
Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent ...
Fed Needs Clarity on New Policies Before Rate Cuts, Bostic Say
Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank must gain more insight on proposed policy ...