Federal Reserve Bank

Don’t count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests

Don’t count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner. Kroszner, who’s now a University…

Fed officials see ‘upside risks’ to inflation possibly leading to more rate hikes, minutes show

Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation and said more rate hikes…

Regional banks slide after Fed’s Kashkari advocates ‘significantly further’ capital regulation

Minneapolis Federal Reserve President Neel Kashkari favors getting tougher on regional banks, following a crisis earlier this year that he…

Wholesale prices rose 0.3% in July, higher than expected

A measure of wholesale prices rose more than expected in July, countering recent trends showing that inflation pressures are easing.…

Thursday’s inflation data may be low, but don’t expect the Fed to declare ‘mission accomplished’ yet

Thursday’s consumer price index report likely will show that the pace of price increases is easing, but not enough to…

Veteran banker Jeffrey Schmid picked to lead Kansas City Fed

The Kansas City Federal Reserve is about to get a new leader as the inflation-fighting central bank plots its course…

CME Group CEO Terry Duffy: Manage your risk because everyone I’ve talked to got Fed ‘dead wrong’

It’s vital for investors to manage risk right now no matter where interest rates go, according to CME Group CEO…

Fed approves hike that takes interest rates to highest level in more than 22 years

WASHINGTON – The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their…

Here’s what to expect from the Federal Reserve meeting Wednesday

Despite an improving inflation picture, the Federal Reserve is expected on Wednesday to approve what would be the 11th interest…

The war against inflation is a long way away from being won

Don’t break out the party hats just yet: Despite recent signs that inflation is cooling, the fight to bring down…