Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.
The Dow is set to bounce; China labeled a "currency manipulator"; mortgage rates hit November 2016 lows, ex-Fed chiefs call for independent central bank; and Apple invites first customers to its credit card.
The four living former chairs of the Federal Reserve called for the U.S. central bank to remain free to work independently and without fear of political reprisals.
"As former chairs of the board of governors of the Federal Reserve System, we are united in the conviction that the Fed and its chair must be permitted to act independently and in the best interests of the economy, free of short-term political pressures and, in particular, without the threat of removal or demotion of Fed leaders for political reasons," the four...
WASHINGTON, Aug 1- In cutting U.S. interest rates but signaling that a series of further cuts was unlikely, Federal Reserve Chairman Jerome Powell on Wednesday took a page from the playbook of his predecessor Alan Greenspan, who used a similar tactic in the 1990 s with apparent success. Since becoming Fed chair in February 2018, Powell has met at least a dozen times...
July 31- U.S. interest rates have never been as low as they are now at the start of any past Federal Reserve interest rate reduction cycle. Here's a look at each rate-cutting cycle since 1994, when the Fed began announcing its policy actions:. Dissents: Kansas City Fed's Esther George, Boston Fed's Eric Rosengren.
"We look over 15 years, a lot of mistakes were made. You think there would be some more lively discussion," and more dissenters on the Fed, says the longtime stock market bull.
Former Federal Reserve chairman Alan Greenspan joins 'Squawk on the Street' to discuss comments from Fed vice chair Richard Clarida, the state of the U.S. economy and entiltlement concerns.
Former Fed Reserve chairman Alan Greenspan joins 'Squawk on the Street' to discuss the state of the U.S. economy and the Federal Reserve's independence.
Former Federal Reserve Chairman Alan Greenspan joins 'Squawk on the Street' to discuss the state of the U.S. economy.
Former Chair of the Federal Reserve Alan Greenspan joins 'Squawk on the Street' to discuss the state of the U.S. and global economy.
Economic growth won't last as the U.S. labors under the burden of growing entitlement programs, former Fed Chairman Alan Greenspan tells CNBC.
LONDON, March 7- The Federal Reserve's next move on interest rates is more likely to be cutting than raising them given the late stage in the business cycle and its response in similar circumstances in the past. Federal Reserve interest rates are set in a judgment-driven discretionary process by the members of the Federal Open Market Committee rather than...
Over more than three decades and four Fed chiefs, there have been a half-dozen sharp market downturns that forced central bankers to pause tightening programs or even to ease policy.
After three decades with top rates below 40 percent, a big hike from today's 37 percent poses risks politically and perhaps economically.
"My friends and I have been coddled long enough by a billionaire-friendly Congress. It's time for our government to get serious about shared sacrifice," Warren Buffett has said.
Raising the marginal tax rate on the richest Americans to 70 percent would be a "terrible idea," former Fed Chairman Alan Greenspan said.
Five-term Fed Chair Alan Greenspan sits down with CNBC's "Squawk on the Street" to discuss the Fed, the economy, taxes and more.
Eli Lilly Chairman & CEO David Ricks sits down with Mad Money host Jim Cramer to discuss Lilly's acquisition of Loxo.
Five term Fed Chair Alan Greenspan sits down with CNBC's "Squawk on the Street" to talk about market volatility, the economy, and the Fed.