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Federal Reserve Bank

investors look to key inflation data

by Walter Watson
investors look to key inflation data

U.S. Treasury yields tumbled Tuesday as the latest inflation figures showed a dramatically slower pace of price increases last month. The 10-year Treasury yield fell nearly 18 basis points to …

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Powell says Fed is ‘not confident’ it has done enough to bring inflation down

by Walter Watson
Powell says Fed is ‘not confident’ it has done enough to bring inflation down

Federal Reserve Chairman Jerome Powell said Thursday that he and his fellow policymakers are encouraged by the slowing pace of inflation but are unsure whether they’ve done enough to keep …

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A cool jobs report heats up markets

by Walter Watson
A cool jobs report heats up markets

Job seekers speak with prospective employers during a City of Los Angeles career fair offering to fill vacancies in more than 30 classifications of jobs on November 2, 2023 in …

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The Fed keeps rates, markets celebrate

by Horatio Thompson
The Fed keeps rates, markets celebrate

Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on November 01, 2023 at the Federal Reserve in Washington, DC. Kevin …

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Fed meeting November 2023: Fed holds rates steady

by Ron Morgan
Fed meeting November 2023: Fed holds rates steady

The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is still well above the central …

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Are things about to get more difficult?

by Walter Watson
Are things about to get more difficult?

Up from No. 13 in 2022, Minneapolis, Minnesota ranked as the No. 2 most neighborly city in America. S. Greg Panosian | E+ | Getty Images This report is from …

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CNBC Daily Open: The perfect storm

by Walter Watson
CNBC Daily Open: The perfect storm

NEW YORK, NEW YORK – JUNE 03: People walk by the New York Stock Exchange (NYSE) at the start of the trading day on June 03, 2022 in New York …

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The U.S. consumer is ‘walking towards a cliff,’ strategist warns

by Walter Watson
The U.S. consumer is ‘walking towards a cliff,’ strategist warns

Trouble is brewing for the U.S. consumer, according to one strategist, and a substantial labor market downturn could kickstart a recession. “I think the U.S. consumer is walking towards a …

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Jamie Dimon rips central banks for being ‘100% dead wrong’ on economic forecasts

by Walter Watson
Jamie Dimon rips central banks for being ‘100% dead wrong’ on economic forecasts

Jamie Dimon, CEO of JPMorgan Chase speaking with CNBC’s Leslie Picker in Bozeman, MT on Aug. 2nd, 2023. CNBC JPMorgan Chase CEO Jamie Dimon on Tuesday warned about the dangers …

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10-year Treasury yield retreats after rising to 5%

by Walter Watson
10-year Treasury yield retreats after rising to 5%

U.S. Treasury yields ticked lower Friday after rising to multiyear highs as investors digested comments by Federal Reserve Chairman Jerome Powell. The yield on the 10-year Treasury fell to 4.939% by …

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