Federal Reserve Bank

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…

Biden’s Federal Reserve Board nominees clear key Senate committee

WASHINGTON — The Senate Banking Committee approved President Joe Biden’s three nominees to the Federal Reserve Board of Governors on…

Payrolls report Friday likely to show a jobs market that is still hot

The U.S. jobs market is still on fire, no matter how much effort policymakers put into cooling it off. Despite…

Fed sees more rate hikes ahead, but at a slower pace, meeting minutes show

Almost all Federal Reserve officials at their June meeting indicated further tightening is likely, if at a slower pace than…

Fed Chair Powell says smaller banks likely will be exempt from higher capital requirements

New rules expected to require that banks keep more capital almost certainly won’t apply to smaller institutions, Federal Reserve Chair…