CNBC Daily Open: Fed’s inflation worries didn’t bother markets
On paper, minutes for the Fed’s December meeting spelled bad news for investors. But it seems investors had already priced in ...
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Understanding the federal funds rate: What it is and how it affects your wallet
The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...
Why the blowout jobs report is tanking stocks and sending yields spiking
"Markets tried to front-run the Fed on the level of interest rates and are now paying the price," Jamie Cox of Harris ...
CNBC Daily Open: Markets shrug off inflation warnings
On paper, minutes for the Fed’s December meeting spelled bad news for investors. But investors, it seems, had already priced ...
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The Federal Reserve Thinks Trump is Going to Make Inflation Much Worse
Officials are deeply worried that the incoming president's policies on immigration and trade will cause inflation to rise.
CNBC Daily Open: Spike in long-term borrowing costs isn’t just about the UK economy
The borrowing cost for the U.K. government is at an almost three-decade high. But it's not a localized problem like the one ...
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Fed's latest rate hike means credit cardholders can expect higher bills this spring and summer, warns expert
In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interest rates for the first time since December 2018. The Fed ...
CNBC Daily Open: The Santa Rally didn’t show up, but that's not necessarily bad news
The Santa Claus Rally didn’t materialize. According to some analysts, that might spell trouble. But we shouldn't put too much ...