Economy

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Markets raise chances for a Fed rate hike following hot inflation report

Markets raise chances for a Fed rate hike following hot...

Market pricing took virtually any chance of a cut off the table between now and...

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It's not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas

It's not just Iran and oil raising inflation. Prices also...

Here's some of the places where prices are rising fast for consumers.

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Consumer prices rose 3.8% annually in April, the highest since May 2023

Consumer prices rose 3.8% annually in April, the highest...

The consumer price index was expected to increase by 3.7% annually in April, according...

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We spoke to over 30 central bankers, policymakers and politicians. Here are their top concerns

We spoke to over 30 central bankers, policymakers and politicians....

From stagflation to energy security, policymakers spoke to CNBC about the biggest...

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'Resumption of hostilities': Seized ship, vessel attacks push U.S.-Iran ceasefire toward brink

'Resumption of hostilities': Seized ship, vessel attacks...

A U.S. seizure of an Iranian cargo ship and reports of vessels coming under fire...

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Chair nominee Kevin Warsh says Fed must ‘stay in its lane’ to maintain independence

Chair nominee Kevin Warsh says Fed must ‘stay in its lane’...

Warsh also expressed firm commitment to fighting inflation with only one mention...

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Tariff refunds begin on Monday. These retailers are due big paydays

Tariff refunds begin on Monday. These retailers are due...

U.S. importers, such as Walmart and Target, could be in line for billions in tariff...

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‘New cards on the battlefield’: U.S., Iran ratchet up rhetoric with peace talks in limbo

‘New cards on the battlefield’: U.S., Iran ratchet up rhetoric...

American negotiators may be outmatched at the negotiating table by Iran's experienced...

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Trump extends Iran ceasefire — but market focus has already drifted elsewhere

Trump extends Iran ceasefire — but market focus has already...

Prospects for further negotiations remain uncertain, with Tehran and Washington...

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Kevin Warsh gave his preferred way for measuring inflation. It could come back to bite him

Kevin Warsh gave his preferred way for measuring inflation....

But Bank of America economist Aditya Bhave warned Wednesday that such a recalculation...

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These charts show how Iran's economy is in freefall

These charts show how Iran's economy is in freefall

Tehran's hardline rhetoric belies a brutal reality facing the regime and Iranian...

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Will he stay or will he go? With criminal probe over, Fed Chair Powell faces big decision

Will he stay or will he go? With criminal probe over, Fed...

The decision could have important ramifications for policymaking at an especially...

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Will rates go higher in Europe this week? Central banks confront stagflation threat

Will rates go higher in Europe this week? Central banks...

The European Central Bank and Bank of England are expected to hold their nerve and...

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Core inflation rate hit 3.2% in March as first-quarter growth disappointed at 2%

Core inflation rate hit 3.2% in March as first-quarter...

Consumers faced escalating prices in March as the Iran war sent oil soaring and...

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Inside the Fed: Powell vows he won't be a 'shadow chair,' but a Warsh clash will be tough to avoid

Inside the Fed: Powell vows he won't be a 'shadow chair,'...

When the Fed gathers again, it will mark the first time a sitting and former chair...

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Fed dissenters explain 'no' votes, saying they disagreed with hinting next move would be a cut

Fed dissenters explain 'no' votes, saying they disagreed...

Federal Reserve officials who voted this week against the post-meeting statement...