Aug 20- A swift steepening of the U.S. 2- year/10-year yield curve after it inverted last week may have given investors hope that the United States can escape recession. They should probably take a breath. A catalyst for another inversion might happen later this week if the Federal Reserve's minutes on its July 30-31 meeting on Wednesday or Fed Chairman Jerome...
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...
Mike Mayo, Wells Fargo Securities banking analyst, joins 'Fast Money Halftime Report' to discuss takeaways from his interview with former Fed chairman Paul Volcker. Volcker said there are increasing concerns about the culture of financial systems.
Former Fed Chair Paul Volcker steps up his criticism of banks, saying "the only thing that matters is how much profit the firm (and you) make."
The revelation of communication between Wall Street donors and possible Democratic candidates threatens to exacerbate tension between liberal and moderate Democratic voters.
Former Fed Chair Paul Volcker says there's a basic lack of respect for government institutions and described Washington as a 'swamp' run by plutocrats, in an interview with The New York Times' and Squawk Box co-anchor Andrew Ross Sorkin.
Former Federal Reserve Chairman Paul Volcker, who has reached legend status in the world of central banking, isn't optimistic about current conditions.
A legal loophole allows major banks to avoid telling American authorities about certain trading in financial instruments known as derivatives.
With changes to the Volcker Rule, odds rise that Wall Street traders can make a killing – or be killed — trading in markets.
There's pretty clear evidence that the path of rates has had a near-perfect correlation with the physical stature of the Fed chair.
The White House says its proposed budget and policies would boost growth to levels not seen in decades. The CBO remains unconvinced.
President Trump thinks the country is "a mess." But it's not showing up in much of the latest economic data.
The national debt would surge under a Donald Trump presidency, though not as much as originally thought, according to a new analysis.
CNBC's Steve Liesman provides highlights from Thursday night's event where Fed Chair Janet Yellen was joined by predecessors Ben Bernanke, Alan Greenspan and Paul Volcker. Yellen said the Fed remains in gradual hiking mode and the U.S. is not a bubble economy.
Federal Reserve Chair Janet Yellen touted the strength of the United States economy and said she did not regret the December rate hike.
April is one of the market's best months. But a poor earnings season and March's heady gains could cause lackluster returns.
Growth is the singular economic issue of our time, says Larry Kudlow. He thinks Bush and Trump have the best ideas on taxes.
Opposition has been going on since Hamilton/Jefferson, says Roger Lowenstein, New York Times Magazine, providing an inside look at the creation of the nation's central bank.