"Lots of good things happen" in addition to real wage increases when a good labour market lasts for a sustained period of time, Powell said...

Investors are now waiting for a speech by Federal Reserve Chairman Jerome Powell on Friday at a central bank summit in Jackson Hole, Wyomin...

Harker spoke to the television channel on the sidelines of the Kansas City Fed's annual research conference in Jackson Hole, Wyoming. He wa...

While there will always be an active debate about the appropriateness of the 2% target in the economic community, "we're not changing it ri...

Recent inflation readings "show that disinflation is proceeding slowly - which is disappointing, to say the least," Harker said. The Fed ta...

Data on Tuesday is likely to show the U.S. monthly consumer prices climbing 0.4% month-on-month in January and the core CPI gaining 0.4% as...

"I expect that we will raise rates a few more times this year, though, to my mind, the days of us raising them 75 basis points at a time ha...

Lower interest rates tend to be beneficial for bullion, decreasing the opportunity cost of holding the non-yielding asset. Data on Wednesda...

Fed officials are mulling a further moderation in the pace of rate hikes following a slowing in US inflation. Consumer prices rose 6.5% in ...

Harker will be a voting member of the rate-setting Federal Open Market Committee this year. In 2022, the Fed raised rates at a historically...

The 10-year Treasury yield hit 4.291%, a level last seen in December 2007. The yield was last up 5 basis points (bps) at 4.274%. It was on ...

Meanwhile, Beijing is considering cutting the quarantine period for visitors to seven days from 10 days, Bloomberg news reported on Thursda...

Harker did not say explicitly in his prepared remarks whether he feels those larger increases will be appropriate, or how high the Fed's po...

Harker's remarks echoed the Fed's turn towards inflation fighting, a shift cemented at a December meeting, where it signaled three rate hik...

Harker emphasized that the Fed would not move suddenly when it begins to reduce the pace of the purchases.

Boston’s Eric Rosengren also voiced his opposition to additional cuts in an Aug. 19 interview on Bloomberg TV.

At the ET Wharton Business Plan Competition, the ideas, and the can-do spirit were evident.