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How steep Fed rate hikes affect your finances
By Cora Lewis
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Inflation is a global problem. Here's how central banks are addressing it
By Nicole Goodkind
Federal Reserve to keep interest rates above 4% beyond 2023, economists predict
By Colby Smith & Caitlin Gilbert
Fed expected to hike rates by three-quarters of a point again, but its forecast may matter most
By Patti Domm
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Formerly Twitter
Jason Furman
jasonfurman
The FOMC meeting was a foregone conclusion nonevent. That is likely to be true of the next several meetings.
Not changing rates partly reflects good news--the real economy is very strong and does not need cuts. And partly bad news--setbacks in progress on inflation.
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Gregory Daco
GregDaco
📺Thanks @SullyCNBC for having me on "Last Call" @CNBC!
1️⃣ "Stagflation" misnomer: 3% #GDP growth & <3% #inflation
2️⃣ Forward-looking perspective: cooler labor demand, softer income growth & + consumer scrutiny
3️⃣ Elevated risk of #Fed mistake
www.cnbc.com/video/2024/04/30/fed-policy-makers-need-to-be-a-bit-more-cautious-says-ey-parthenons-greg-daco.html @EYnews pic.twitter.com/eFP46TGcBp
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Gregory Daco
GregDaco
Fed to Signal It Has Stomach to Keep Rates High for Longer www.wsj.com/economy/central-banking/federal-reserve-meeting-interest-rates-inflation-6dcb05e8?st=8oxltwlnea3c3ot
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Heather Long
byHeatherLong
Fed Chair Powell summary today:
1) A rate hike is very unlikely
2) His base case is to cut rates later this year, but it’s not a given
3) No sign of stagflation
4) 3% inflation is not acceptable
#Fed #economy pic.twitter.com/s6UwoWoSuz
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All coverage
U.S. dollar soars to two-decade high as Fed flags more large hikes
By Gertrude Chavez-Dreyfuss
Inflation and higher rates are a 'dangerous mix' for consumers already stretched thin, says chief financial analyst
By Jessica Dickler
Central banks set to hit peak rates at faster pace
By Valentina Romei
Fed raises interest rates by 0.75 points to fight inflation
By Rachel Siegel, Kathy Orton & David J. Lynch
The Fed raised interest rates again. What does that mean for the economy and inflation?
By Madeleine Ngo
Fed raises interest rate by 0.75 percentage points as US seeks to rein in inflation
By Dominic Rushe & Lauren Aratani
What rising interest rates mean for you
By Jeanne Sahadi
Central banks raise rates again as Fed drives global inflation fight
By Francesco Canepa & Howard Schneider
FOREX U.S. dollar sails higher as markets price in hefty Fed rate hike
By Gertrude Chavez-Dreyfuss
Fed delivers another big rate hike; Powell vows to 'keep at it'
By Ann Saphir & Howard Schneider
Fed Delivers Third-Straight Big Hike, Sees More Increases Ahead
By Matthew Boesler & Craig Torres
The Fed is now expected to keep raising rates then hold them there, CNBC survey shows
By Steve Liesman
Historic rate hikes mark the largest 6-month increase in 41 years: What you should do with your money
By Ryan Ermey
Federal Reserve's increasing interest rate hikes put Main Street economy 'dangerously close' to edge of lending cliff
By Eric Rosenbaum
The Fed just made a 'jumbo' interest rate hike of 75 basis points—here are 4 things that will be more expensive
By Mike Winters
The Fed Intensifies Its Battle Against Inflation
By Jeanna Smialek
Fed Raises Interest Rates By 75 Basis Points to Fight Inflation
By Jeanna Smialek, Joe Rennison & Ben Casselman