CNBC

Fed should now keep raising rates, then hold them there, CNBC survey finds

Fed should now keep raising rates, then hold them there, CNBC survey finds

US Federal Reserve Chairman Jerome Powell gives a press briefing following the surprise announcement that the FED will cut interest rates on March 3, 2020 in Washington, DC. Eric Baradat | AFP | Getty Images Wall Street finally seems to be embracing the idea that the Federal Reserve will raise rates into restrictive territory and …

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CNBC's Joe Kernan slams Biden adviser for painting 'pretty picture' of struggling economy

CNBC’s Joe Kernan slams Biden adviser for painting ‘pretty picture’ of struggling economy

CNBC anchor Joe Kernen called out Biden’s economic adviser Heather Boushey on Monday during a heated argument over the administration’s messaging on the struggling U.S. economy. The exchange on CNBC’s “Squawk Box” came after Boushey, a member of the White House Council of Economic Advisers, defended the administration’s progress in fighting inflation. Kernan claimed the …

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