Federal Reserve Bank

Fed’s Neel Kashkari sees 40% chance of ‘meaningfully higher’ interest rates

Minneapolis Federal Reserve President Neel Kashkari thinks there’s nearly a 50-50 chance that interest rates will need to move significantly…

Dimon warns that the Fed could still raise interest rates sharply from here

JPMorgan Chase CEO Jamie Dimon is warning that interest rates could go up quite a bit further as policymakers face…

Two key Fed officials express support for keeping interest rates high

Two Federal Reserve policymakers expressed support Friday for keeping interest rates elevated as the battle against too-high inflation continues. In…

Fed declines to hike, but points to rates staying higher for longer

The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more…

Here’s everything the Fed is expected to do Wednesday

As often has been the case, this week’s Federal Reserve meeting will be less about what policymakers are doing now…

Trump bemoans high interest rates and indicates he might pressure Fed to lower

Former President Donald Trump complained that interest rates are too high and indicated that if he gets another term in…

Fed’s Collins says policymakers can ‘proceed cautiously’ on future rate hikes

Boston Federal Reserve President Susan Collins on Wednesday advocated a patient approach to policymaking while saying she needs more evidence…

Treasury yield jump is not ‘death to equities,’ BofA’s Savita Subramanian says

The latest jump in Treasury yields is not “death to equities,” BofA Securities’ Savita Subramanian told CNBC’s “Fast Money” on…

Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’

Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest…

Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past

Since he took over the chair’s position at the Federal Reserve in 2018, Jerome Powell has used his annual addresses…