The Fed is becoming somewhat more bank-friendly

The health of the major US banks after the latest stress tests, and whether PCE inflation will ease enough to move rate policy this year.

By Roger Ferguson
Roger Ferguson on CNBC's Squawk Box, 25 June 2026

Pamir co-founder Roger W. Ferguson, Jr., former Vice Chairman of the Federal Reserve and former CEO of TIAA, joined CNBC's Squawk Box on 25 June 2026 after the latest bank stress tests.

He discussed the health of the major US banks and whether inflation, as measured by PCE, will ease enough to affect Fed rate policy this year.

Watch the segment on CNBC (6 min).

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