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CNBC Daily Open: U.S. consumers are feeling bad and expect inflation to spike
The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of ...
CNBC Daily Open: U.S. consumers think inflation will shoot up in the year ahead
The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of ...
CNBC Daily Open: Investors soothed by cooler-than-expected inflation in February, even as Trump's trade war escalates
Cooler-than-expected U.S. inflation soothed investors, but U.S. President Donald Trump’s 25% tariffs on steel and aluminum ...
Fed decision recap: Powell says tariffs could delay progress on lowering inflation
Central bank policymakers are expected to keep rates at their target range of 4.25% to 4.5%. The Fed’s rate path will be key ...
CNBC Daily Open: For nervous investors, Fed's dot plot comes as a relief
The U.S. Federal Reserve kept interest rates steady, as widely expected, and kept its projection of two rate cuts this year.
Stagflation? Fed sees higher inflation and an economy growing by less than 2% this year
Federal Reserve officials slashed their economic outlook in the latest projections released Wednesday, seeing the U.S.
Fed meeting live updates: Central bank sees higher inflation and lower growth. Powell presser ahead
Central bank policymakers are expected to keep rates at their target range of 4.25% to 4.5%. The Fed’s rate path will be key ...
Cooler inflation isn't enough to save stocks from fresh tariff threats
Treasury Secretary Scott Bessent on Thursday also reiterated the administration's position that it's willing to tolerate ...
Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey
The 32 survey respondents, who include fund managers, strategists and analysts, raised the probability of recession to 36% from 23% in January.
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CNBC Daily Open: U.S. consumers are feeling bad and expect inflation to spike
That's when annual inflation was at 7.1% and Federal Reserve Chair Jerome Powell acknowledged that the chances of a soft landing — where inflation is tamed without the economy slipping into ...