Federal Reserve Bank

Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as bird flu continues to affect the egg industry on Feb. 10, 2025 in New York City.Spencer Platt | Getty ImagesThe January consumer…

U.S. Secretary of the Treasury Scott Bessent speaks, at the White House, in Washington, U.S. February 3, 2025. Elizabeth Frantz | ReutersThe Trump administration is more focused on keeping Treasury yields low rather than on what the…

Austan Goolsbee speaking at Jackson Hole on August 23, 2024. David A. Grogan | CNBCFederal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing their hand.In recent days,…

A pedestrian walks by a 'hiring now' sign in front of a U-Haul store on December 03, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesAfter a month in which hiring was essentially muted due to storms and strikes, the jobs…

Small business owners are collectively breathing a sigh of relief at the Federal Reserve's widely-anticipated decision to cut interest rates last week, and new data show owners expect to put that increased capital to work.CNBC and…

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., June 14, 2022.Sarah Silbiger | ReutersAfter years of being a beacon for financial markets, the Federal Reserve suddenly finds itself…

PNC Financial is throwing cold water on the fourth-quarter rally.Covid omicron fears will take a heavy toll on risk appetites over the next two weeks, according to Chief Investment Officer Amanda Agati."We've already gotten the Santa…

The recent tech rally may be doomed.Money manager Dan Suzuki of Richard Bernstein Advisors warns the market is far from bottoming — and it's a concept investors fail to grasp, particularly when it comes to growth, technology and…

Philadelphia Fed President Patrick Harker said Thursday he foresees three or four interest rate hikes this year as likely to fight inflation.His thinking, outlined in a live interview on CNBC's "Closing Bell," is consistent with…