Fed Chair Powell has used Jackson Hole to signal what's next
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The Federal Reserve's latest meeting minutes reveal economists are increasingly worried that inflation could be getting worse, raising concerns for consumers nationwide. Scripps News National Correspondent Joe Saint George breaks down which specific products consumers should monitor and key takeaways from last month's Fed meeting.
Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage fraud.
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Ed Yardeni: Odds of Fed rate cut are under 50%, labor market and inflation both still running warm
Ed Yardeni, Yardeni Research president, join CNBC's 'Squawk on the Street' to discuss market outlooks, expectations for Federal Reserve policy, and much more.
Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the economy as they prepare for an annual conference in Jackson, Wyoming, next week and a crucial policy meeting in September.
South Africa's rand was little moved on Wednesday, despite the country's highest inflation reading for 10 months, as investors awaited minutes from the Fed's July meeting and a symposium later this week that could provide U.
Businesses maintained their inflation expectations at +2.3%, on average, in August vs. July, according to an Atlanta Fed survey released on Wednesday. Sales levels and profit margins "compared to normal" rose last month,
After somewhat positive inflation data in July, the chances of the Federal Reserve cutting interest rates in September are at roughly 83%, according to CME Group 's FedWatch tool calculations on Aug. 18. One month earlier, roughly 59% of traders betting on changes in the federal funds rate thought an interest rate cut would occur in September.