The Fed’s membership has been criticized by Republicans in Congress. In a short statement, the Fed said it had “appreciated” working with the Network of Central Banks and Supervisors for ...
Any negative impacts of the Fed’s rate hikes during those years have been small for many consumers and companies, according to Torsten Slok, chief economist for New York-based asset manager ...
That’s hurting stock prices. The Fed has cut its main interest rate by a full percentage point since September. The intent is to give the economy breathing room after the Fed earlier hiked the federal ...
US government bonds had their best day in months after benign inflation data revived the case for additional Federal Reserve interest-rate cuts. The rally slashed Treasury yields across maturities ...
While the chance of a hike this year is still put at zero by pricing of fed-funds futures, according to CME Group’s FedWatch, it is a topic of heavy discussion.
Minutes from the meeting, released after the typical three-week lag, also showed clear division among the Fed’s 19 policymakers. Some officials expressed support for keeping the central bank’s ...
Christopher Waller, an influential member of the Fed’s board of governors, said he expects inflation will move closer to the Fed’s 2% target in the coming months. And in some of the first ...
Barr will continue to serve on the Fed’s board of governors. His term in that role extends until January 2032.
The remarks, from Governor Adriana Kugler and San Francisco Fed President Mary Daly, highlight the delicate balancing act facing U.S. central bankers this year as they look to slow their pace of ...