Trump-appointed Fed members break ranks, leave Stephen Miran isolated on big cut voteStephen Miran, a recent Trump appointee to the Federal Reserve, dissented from the majority by advocating for a larger rate cut. His call f...
Fed's Goolsbee: Need to wait until anxiety recedes to feel comfortable about outlookAustan Goolsbee of the Chicago Federal Reserve notes challenges in assessing the economy. Donald Trump's tariff announcements create compli...
Fed Chair Powell signals possible tweaks to 'dot plot' rate-path forecastsFederal Reserve Chair Jerome Powell hinted at possible updates to the Fed's dot plot as part of a comprehensive policy review. The revision...
Fed needs more clarity before it can go back to cutting rates, says GoolsbeeChicago Fed President Austan Goolsbee stated that the central bank is in a 'wait-and-see' mode due to uncertainties surrounding the economi...
US Fed should not act urgently when it's not required, Daly saysSan Francisco Federal Reserve Bank President Mary Daly said on Monday there is no urgency to cut U.S. interest rates, with the economy and ...
Atlanta Fed's Raphael Bostic says US interest rates are high enoughAtlanta Federal Reserve Bank President Raphael Bostic laid out a case on Thursday against any further U.S. interest rate hikes, saying mone...
Fed interest-rate hike seen a lock for JulyThe report, which showed employers hired 209,000 workers last month, is "consistent with steady and gradual slowing of the labor market," w...
Fed seen hiking policy rate above 5% as job gains surgePowell has said he does not expect inflation to fall fast enough to allow the Fed to cut rates at all this year. Friday's Labor Department ...
Fed seen ending rate hikes by March as inflation slowsThe U.S. central bank's preferred gauge for inflation, the personal consumption expenditures (PCE) price index, rose 5.0% in December from ...
Fed's Powell: committed to inflation fight, not trying to trigger recessionThat steep rate hike path, designed to slow the economy, has sparked widespread concern about a recession and a weakening of labor markets,...
How will Fed's rate hike impact consumers?That could mean more pain for Americans already digging into their wallets to pay more for gas, groceries and pretty much everything else."...
Fed's Neel Kashkari says inflation will be temporary, workers will returnThe U.S. central bank is beginning a debate over when to start reducing its support for the economy now that the number of daily COVID-19 c...
Next up for Fed's Powell and the taper test: 'string' theoryThe Fed's promise on bond buying is not just tied to jobs -it also hinges on inflation. But judging progress by that metric will be tough.
Fed will be tested in 2021 as vaccines boost US economic outlookIn its final policy meeting of the year this week, the U.S. central bank is expected to keep its key overnight interest rate pinned near ze...
Fed faces ill political winds as Biden prepares for White HouseThe shuttering of the programs, which many analysts have credited for helping to blunt the economic pain of the pandemic, will push the Fed...
Trade wars cost U.S., China billions of dollars each in 2018The U.S. and Chinese economies each lose about $2.9 billion annually due to Beijing's tariffs on soybeans, corn, wheat and sorghum alone, s...