Jefferson echoed recent statements from other officials that it’s in the Fed’s best interest to move slowly as it evaluates ...
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said the central bank needed to assess the “scope, ...
Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded ...
The split came into clear focus on Friday, the first day Fed officials spoke publicly in the wake of the decision earlier in the week to hold its benchmark interest rate steady in a range of 4.25%-4.5 ...
Bowman said on Friday she expects declining inflation to allow further interest rate cuts this year, but feels many factors ...
Fed Chair Jerome Powell has said it is harder to gauge where inflation is headed, in part because of uncertainty about policies President Donald Trump will adopt.
The Fed meets eight times a year to assess the health of the US economy and vote on the federal funds rate, the rate banks use to lend and borrow money. While the Fed's decision to change rates ...
A rate pause means there's still time to score a high annual percentage yield, or APY, on a CD. Banks tend to follow the ...
Powell made clear that Fed policymakers are in no rush to reduce interest rates further, after lowering borrowing costs by a ...
The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that ...
As Donald Trump prepares to take office as the 47th president of the United States, rumors have emerged about a potential strategic reserve including US-based cryptocurrencies and not just Bitcoin.
Inflation rose 2.9% on an annual basis in December, with the latest Consumer Price Index illustrating the Federal Reserve's challenge in battling stickier-than-expected price increases.