Wall Street versus main street
People walk outside of the New York Stock Exchange (NYSE) on September 05, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is …
Federal Reserve Bank
Trump bemoans high interest rates and indicates he might pressure Fed to lower
Former President Donald Trump speaks with the press at the Iowa Pork Producers booth during the 2023 Iowa State Fair at the Iowa State Fairgrounds, Aug. 12, 2023. Demetrius Freeman …
Bond yield jump is not death to equities: BofA’s Savita Subramanian
The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on Tuesday. In fact, Subramanian sees the bond move as a …
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come. While acknowledging that …
Powell Jackson Hole speech could see a shift from the past
Federal Reserve Chairman Jerome Powell testifies before the House Committee on Financial Services June 21, 2023 in Washington, DC. Powell testified on the Federal Reserve’s Semi-Annual Monetary Policy Report during …
investors await Fed speaker comments, economic data
U.S. Treasury yields climbed on Monday as investors remain concerned that interest rates could remain higher for longer than expected. The yield on the 10-year Treasury was up by more …
10-year yield rises to highest level since October 2022
U.S. Treasury yields were mixed Thursday as investors digested minutes from the Federal Reserve’s latest meeting and considered the outlook for inflation and interest rates. At 1:36 p.m. ET, the …
Don’t count out more rate hikes due to jobs: fmr Fed governor Kroszner
Don’t count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner. Kroszner, who’s now a University of Chicago economics professor, believes rates are staying high into …
Fed meeting minutes signal coming rate moves
Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation and said more rate hikes could be necessary in the future unless conditions change, minutes …
Regional banks fall on Fed’s Kashkari call for more capital regulation
Neel Kashkari, President and CEO of the Federal Reserve Bank of Minneapolis, speaks during an interview with Reuters in New York City, New York, May 22, 2023. Mike Segar | …