Federal Reserve Bank
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Finance
Fed holds interest rates steady, still sees two cuts coming this year
WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still…
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Finance
Powell says Fed is awaiting ‘greater clarity’ on Trump policies before making next move on rates
Jerome Powell, chairman of the US Federal Reserve, speaks during the University Of Chicago Booth School Of Business Monetary Policy…
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Finance
Fed officials are worried about tariffs’ impact on inflation and see rate cuts on hold, minutes show
Federal Reserve officials in January agreed they would need to see inflation come down more before lowering interest rates further,…
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Finance
Powell squashes the possibility that the Fed will develop its own digital currency
U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual…
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Economy
Consumer price report Wednesday expected to show inflation isn’t going away
Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as…
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Economy
Bessent says Trump is focused on the 10-year Treasury yield and won’t push the Fed to cut rates
U.S. Secretary of the Treasury Scott Bessent speaks, at the White House, in Washington, U.S. February 3, 2025. Elizabeth Frantz…
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Economy
Fed officials are raising concerns about the impact Trump’s tariffs could have on inflation
Austan Goolsbee speaking at Jackson Hole on August 23, 2024. David A. Grogan | CNBC Federal Reserve officials take great pains…
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Finance
Fed holds rates steady, takes less confident view on inflation
The Federal Reserve held its key interest rate in check Wednesday, reversing a recent trend of easing policy as it…
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Finance
The Fed meets for the first time since Trump’s term started. Here’s what to expect
US Federal Reserve Chairman Jerome Powell speaks at a press conference after the Monetary Policy Committee meeting in Washington, DC,…
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Finance
Fed Governor Bowman says December interest rate cut should be the last
Michelle Bowman, governor of the U.S. Federal Reserve, speaks during the Exchequer Club meeting in Washington, D.C., on Feb. 21,…
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