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News Update – Pre-Markets

News Update – Pre-Markets

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

01:29

Fri, Dec 9 20225:42 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

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

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