Federal Reserve Bank

Fed gave no indication of possible rate cuts at last meeting, minutes show

Federal Reserve officials at their most recent meeting expressed little appetite for cutting interest rates anytime soon, particularly as inflation…

Fed’s Susan Collins says more rate hikes can’t be taken off the table yet

Despite recent encouraging signs on inflation, Boston Federal Reserve President Susan Collins said Friday that more interest rate hikes could…

Fed’s Mester wants ‘much more evidence’ that inflation has been defeated

Cleveland Federal Reserve President Loretta Mester said Thursday that this week’s news showing lower levels of inflation isn’t enough to…

The market thinks the Fed is going to start cutting rates aggressively. Investors could be in for a letdown

Markets seem to have taken this week’s positive economic data as the all-clear signal for the Federal Reserve to start…

Powell says Fed is ‘not confident’ it has done enough to bring inflation down

Federal Reserve Chairman Jerome Powell said Thursday that he and his fellow policymakers are encouraged by the slowing pace of…

Watch Fed Chair Jerome Powell speak live to an IMF panel on monetary policy

[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a…

Cleveland Fed launches search for new leader after Mester leaves

The Cleveland Federal Reserve launched a search Wednesday for its new leader, after current President Loretta Mester retires in mid-2024.…

Fed holds rates steady, upgrades assessment of economic growth

The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor…

Jamie Dimon rips central banks for being ‘100% dead wrong’ on economic forecasts

JPMorgan Chase CEO Jamie Dimon on Tuesday warned about the dangers of locking in an outlook about the economy, particularly…

Stakes raised for Powell speech Thursday with 10-year yield on cusp of 5%. Here’s what he could say

Federal Reserve Chair Jerome Powell is set to deliver what could be a key policy address, with markets bracing that…