Federal Reserve Bank

A change to this one clause could be the most important part of the Fed meeting

Immediately after the Federal Reserve wraps up its meeting this week, all eyes are likely to gravitate to one small…

Watchdog report is critical of former Fed officials in stock trading controversy

A watchdog review into market trading from two former high-ranking Federal Reserve officials criticizes their actions but does not accuse…

Fed’s Raphael Bostic expects rate cuts to happen in the third quarter

Atlanta Federal Reserve President Raphael Bostic expects policymakers to start cutting rates in the third quarter of this year, saying…

Fed Governor Bowman adjusts rate stance, says hikes likely over but not ready to cut yet

Federal Reserve Governor Michelle Bowman, who had been one of the central bank’s staunchest advocates for tight monetary policy, said…

Market forecaster Jim Bianco sees the 10-year Treasury yield surging to 5.5% – a multi-decade high

It’s a level not seen since George W. Bush was president. Wall Street forecaster Jim Bianco is predicting the benchmark…

Fed officials in December saw rate cuts likely, but path highly uncertain, minutes show

Federal Reserve officials in December concluded that interest rate cuts are likely in 2024, though they appeared to provide little…

Fed’s Barkin sees likely soft landing ahead but notes rate hikes still a possibility

Richmond Federal Reserve President Thomas Barkin on Wednesday expressed confidence that the economy is on its way to a soft…

‘Big Short’ investor Steve Eisman worries ‘everybody is coming into the year feeling too good,’ sees room for disappointment

Investor Steve Eisman of “The Big Short” fame is questioning the level of bullishness on Wall Street — even with…

Fed’s favorite inflation gauge shows prices rose at 3.2% annual rate in November, less than expected

A gauge the Federal Reserve uses for inflation rose slightly in November and edged closer to the central bank’s goal.…

Fed holds rates steady, indicates three cuts coming in 2024

The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and set the table…