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News Update – Late Morning

News Update – Late Morning

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

01:07

Wed, Dec 13 201712:00 PM EST

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

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

an hour 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

an hour ago

Fed Chair Powell: Silicon Valley Bank management failed badly

Fed Chair Powell: Silicon Valley Bank management failed badly

an hour ago

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

an hour ago

Fed Chair Powell: Inflation remains too high, and the labor market remains very tight

Fed Chair Powell: Inflation remains too high, and the labor market remains very tight

2 hours ago

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

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

an hour 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

an hour ago

Fed Chair Powell: Silicon Valley Bank management failed badly

Fed Chair Powell: Silicon Valley Bank management failed badly

an hour ago

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

an hour ago

Fed Chair Powell: Inflation remains too high, and the labor market remains very tight

Fed Chair Powell: Inflation remains too high, and the labor market remains very tight

2 hours ago