People shop at a grocery store in Brooklyn on July 11, 2024 in New York City. Spencer Platt | Getty Images Consumers grew more confident in July that inflation will be less of a problem in the coming years, according to a New York Federal Reserve report Monday that...
Europe inflation may spike on Olympics and Taylor Swift, but UBS says it won’t hit locals’ wallets
A general view of the Eiffel Tower with the Olympics rings pictured with national flags of competing countries from the Place du Trocadero ahead of Paris 2024 Olympic Games on July 21, 2024 in Paris, France. Kevin Voigt | Getty Images Sport | Getty Images The Olympic Games are...
Trump says he should get a say on Federal Reserve interest rate decisions
Republican presidential candidate former President Donald Trump speaks during a press conference at his Mar-a-Lago estate on August 08, 2024, in Palm Beach, Florida. Joe Raedle | Getty Images Republican presidential nominee Donald Trump on Thursday said that he should have a voice when the Federal Reserve makes its...
Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut
Jeremy Siegel Scott Mlyn | CNBC Wharton School Professor Jeremy Siegel no longer thinks it's vital for the Federal Reserve to implement an emergency interest rate reduction, but still wants policymakers to cut quickly and aggressively. Siegel caused a stir Monday when he told CNBC that Fed Chair Jerome...