Federal Reserve Bank

Fed officials were divided on whether to cut rates by half a point in September, minutes show

WASHINGTON – Federal Reserve officials at their September meeting agreed to cut interest rates but were unsure how aggressive to…

Fed rate cuts should favor preferred stocks, Virtus fund manager says

One financial firm is trying to capitalize on preferred stocks – which carry more risks than bonds, but aren’t as…

Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report

A hiring sign is posted on the exterior of Urban Outfitters at the Tysons Corner Center mall on August 22,…

Week’s two key inflation reports to help decide size of Fed’s rate cut

People shop at a store in Brooklyn on August 14, 2024 in New York City.  Spencer Platt | Getty Images…

CPI inflation report August 2024:

Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also…

Former head of Dallas Fed Kaplan urges a half-point interest rate cut

If Robert Kaplan still had a say in the matter, he’d be pushing for a half percentage point interest rate…

Fed Governor Waller backs interest rate cut at September meeting, open to larger move

Federal Reserve Governor Christopher Waller on Friday backed an interest rate cut at the upcoming central bank policy meeting in…

Watch Fed Chair Jerome Powell speak live on economy, policy views

[The stream is slated to start at 1:55 p.m. ET. Please refresh the page if you do not see a…

Watch Fed Chair Jerome Powell speak live on economy, policy views

[The stream is slated to start at 1:55 p.m. ET. Please refresh the page if you do not see a…

Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation

Federal Reserve Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last…