But when fresh data this Friday showed the job market is more robust than even the Fed chair thought, some analysts saw it as an opportunity to engage in what Philipp Carlsson-Szlezak, Boston ...
The Fed reported that as of Wednesday, the level of its so-called earnings remittance to the Treasury Department stood at negative $201.2 billion. The number represents a paper loss that central ...
Federal Reserve Chair Jerome Powell said Monday the Fed can help regional and local banks in hurricane-affected areas of the country make sure they have enough cash on hand for their customers ...
Federal Reserve (Fed) Chairman Jerome Powell participated in a moderated discussion titled "A View from the Federal Reserve Board" at the National Association for Business Economics Annual Meeting ...
The cut is made more notable by the first dissent from a Fed governor in nearly 20 years, with Michelle Bowman voting instead for a quarter-percentage-point cut. This dissent is a welcome development.
Powell said that two further rate cuts are possible if the economy continues to perform as expected, though they are likely to not be as aggressive as the half-percent cut the Fed made two weeks ago.
Federal Reserve (Fed) Governor Lisa Cook said late Thursday, she "wholeheartedly supported a 50 bps rate cut." ...
Inflation is slowing so much that some economists said it could pave the way for another big Fed rate cut, if other data suggest one is warranted. By Jeanna Smialek Inflation cooled in August ...
At a recent September meeting, the Federal Reserve finally cut its benchmark interest rate. The Fed's decision — part of an effort to fight inflation — ended a long period of elevated rates.
On September 18, at precisely 2:00 pm, the Chairman of the Federal Reserve announced a reduction of 50 basis points (½ of 1%) in the Fed Funds target rate. It was the first rate cut in 4 ½ years ...
Behind the scenes, the firm has submitted a third-party review of its risk and control overhauls to the Fed for the central bank’s analysis and sign-off, according to people familiar with the ...