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News Update – Late Morning

News Update – Late Morning

CNBC brings you fast, accurate, and actionable business news and market updates.

01:30

Mon, Dec 11 201711:43 AM EST

Recent bank runs make Fed less worried about future inflation

Recent bank runs make Fed less worried about future inflation

Rate cuts are not in our base case, says Fed Chair Powell

Rate cuts are not in our base case, says Fed Chair Powell

16 min ago

There are real costs to bringing inflation to 2%, but the cost of failure is higher: Fed Chair Powell

There are real costs to bringing inflation to 2%, but the cost of failure is higher: Fed Chair Powell

Fed Chair Powell: Silicon Valley Bank management failed badly

Fed Chair Powell: Silicon Valley Bank management failed badly

Fed Chair Powell: Possible credit tightening means monetary policy has less to do

Fed Chair Powell: Possible credit tightening means monetary policy has less to do

Recent bank runs make Fed less worried about future inflation

Recent bank runs make Fed less worried about future inflation

Rate cuts are not in our base case, says Fed Chair Powell

Rate cuts are not in our base case, says Fed Chair Powell

16 min ago

There are real costs to bringing inflation to 2%, but the cost of failure is higher: Fed Chair Powell

There are real costs to bringing inflation to 2%, but the cost of failure is higher: Fed Chair Powell

Fed Chair Powell: Silicon Valley Bank management failed badly

Fed Chair Powell: Silicon Valley Bank management failed badly

Fed Chair Powell: Possible credit tightening means monetary policy has less to do

Fed Chair Powell: Possible credit tightening means monetary policy has less to do