![US Fed should avoid climate change ‘mission creep’: Powell [Video]](https://usanewsvideo.com/wp-content/uploads/2024/04/mp_1361221_0_6cf79e2c545c5e0fjpg.jpg)
The Federal Reserve should avoid tackling politically-charged issues like climate change without Congressional approval if it is to maintain public trust in the institution, the head of the US central bank said Wednesday. The Fed should avoid “mission creep” in order to “maintain the public’s trust” in the institution, Powell said.
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![Fed still sees rate cuts this year; election timing won’t affect decision WPXI [Video]](https://usanewsvideo.com/wp-content/uploads/2024/04/mp_1360266_0_KYFTOCPKFMXCFGX74DILQJNNXIjpg.jpg)
Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said, despite recent reports showing that the U.S. economy is still strong and that U.S. inflation picked up in January and February
![Fed still sees rate cuts this year; election timing won’t affect decision WSOC TV [Video]](https://usanewsvideo.com/wp-content/uploads/2024/04/mp_1359497_0_KYFTOCPKFMXCFGX74DILQJNNXIjpg.jpg)
Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said, despite recent reports showing that the U.S. economy is still strong and that U.S. inflation picked up in January and February
![A projection is not a promise [Video]](https://usanewsvideo.com/wp-content/uploads/2024/04/mp_1359090_0_1073958821712104295753gettyimages2102336484reddit394404c5rqdoidjpeg.jpg)
The U.S. Federal Reserve may not cut rates in June and that could have global implications.
![US Fed official predicts higher long-term interest rates [Video]](https://usanewsvideo.com/wp-content/uploads/2024/04/mp_1357747_0_1f36307602db7135jpg.jpg)
A senior Federal Reserve official confirmed Tuesday that she recently raised her prediction for interest rates over the longer term due to the enduring strength of the US economy.
![High probability of a Fed July cut, says Citi Private Bank [Video]](https://usanewsvideo.com/wp-content/uploads/2024/04/mp_1354563_0_10739535317120328121712032810339568516811080pnbcnewsjpg.jpg)
Toby Gresham, investment counsellor team lead at Citi Private Bank, says the U.S. Federal Reserve has “shown us a very clear glide path.”
![Egg prices cool slightly from Easter 2023 [Video]](https://usanewsvideo.com/wp-content/uploads/2024/03/mp_1344540_0_77fcb9077b3cf62cb843c36832b46e0c.jpg)
There’s not as much shell-shock on egg prices compared to last year, but the average price nationally for a carton of large eggs is still near historic highs.
![Strategist discusses Fed and ECB interest rate outlook [Video]](https://usanewsvideo.com/wp-content/uploads/2024/03/mp_1332049_0_10739262217114320551711432053338676391011080pnbcnewsjpg.jpg)
Bill Papadakis, macro strategist at Lombard Odier, also discusses the Swiss central bank’s recent decision to cut interest rates and the outlook for the U.S. Federal Reserve’s monetary policy.
![Global shares are mostly lower as investors pin hopes on rate cuts WFTV [Video]](https://usanewsvideo.com/wp-content/uploads/2024/03/mp_1327224_0_3RE5UM5IVHZUUGFTFDPCYEAKEAjpg.jpg)
Global shares are mostly lower as investors await further indications of future U.S. interest rate cuts
![U.S. Treasury yields as investors weigh monetary policy outlook [Video]](https://usanewsvideo.com/wp-content/uploads/2024/03/mp_1318960_0_1073881991710517152778TradersTFPhotoACJ20240315PRESS14jpg.jpg)
U.S. Treasury yields fell on Friday as investors weighed the path ahead for monetary policy and considered when the Federal Reserve will begin cutting rates.
![‘No question’ Biden is ‘frustrated’ with Netanyahu: Peter Baker on Israel-Hamas war [Video]](https://usanewsvideo.com/wp-content/uploads/2024/03/mp_1315420_0_1711042565172njansingjohnsonnetanyahuisrael2403211920x1080eg9zd5jpg.jpg)
House Speaker Johnson says he plans to invite Israeli Prime Minister Netanyahu to address U.S. Congress. Also, the U.S. submitted a draft resolution to the U.N. called for an immediate ceasefire. NBC News’ Ryan Nobles and MSNBC political analyst Peter Baker discuss more.
![Hermes lawsuit claims luxury retailer reserves its famed Birkin bags only for its biggest spenders WFTV [Video]](https://usanewsvideo.com/wp-content/uploads/2024/03/mp_1315405_0_DCF6VTV3AC6JK6G4QKAHQBVDJMjpg.jpg)
Hermes is being targeted in a new lawsuit accusing the luxury retailer of selling its coveted Birkin handbags only to customers who have spent exorbitant amounts of money at the store on other goods