Interest rates
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Finance
Here’s what current and former Fed officials are saying about Lisa Cook investigation
Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on…
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Finance
Cleveland Fed’s Hammack casts doubt on interest rate cuts amid inflation worries
Cleveland Federal Reserve President Beth Hammack said Friday she would be hesitant about lowering interest rates as long as inflation…
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Finance
Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted…
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Finance
Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here’s what Wall Street expects
Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the…
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Finance
Kansas City Fed’s Schmid shows hesitation about widely expected September rate cut
Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more…
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Finance
Divided Fed worried about tariffs, inflation and the labor market, minutes show
Federal Reserve officials worried at their July meeting about the state of the labor market and inflation, though most agreed…
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Finance
Bessent says interviews for ‘incredible group’ of potential Fed chairs will start after Labor Day
Treasury Secretary Scott Bessent said Tuesday he will begin interviewing candidates for Federal Reserve chair as soon as the White…
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Finance
Fed’s Goolsbee sees ‘note of unease’ as central bank looks to next interest rate move
Chicago Federal Reserve President Austan Goolsbee said Friday a mixed bag of inflation data this week coupled with lingering uncertainty…
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Economy
Potential Fed chair pick David Zervos of Jefferies backs aggressive interest rate cuts
Wall Street veteran David Zervos added his name Thursday to the list of potential Federal Reserve chairs who think the…
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Economy
Wholesale prices rose 0.9% in July, much more than expected
Wholesale prices rose far more than expected in July, providing a potential sign that inflation is still a threat to…
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