WASHINGTON — The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts… Read More »Federal Reserve cuts interest rates by a quarter point
The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is… Read More »Fed holds rates steady, upgrades assessment of economic growth
A construction in a multifamily and single family residential housing complex is shown in the Rancho Penasquitos neighborhood, in San Diego, California, September 19, 2023.… Read More »Getting to 2% inflation won’t be easy. This is what will need to happen, and it might not be pretty
U.S. Federal Reserve board member Lael Brainard speaks after she was nominated by U.S. President Joe Biden to serve as vice chair of the Federal… Read More »Fed Vice Chair Brainard warns against retreating from inflation fight prematurely
Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, July… Read More »Federal Reserve’s increasing interest rate hikes put Main Street economy ‘dangerously close’ to edge of lending cliff
Loretta Mester at Jackson Hole, Wyoming David A. Grogan | CNBC Cleveland Federal Reserve President Loretta Mester said Wednesday she sees interest rates rising considerably… Read More »Fed’s Mester sees benchmark rate above 4% and no cuts at least through 2023
Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association conference In San Diego, California,… Read More »Fed Governor Bowman sees ‘similarly sized’ rate hikes ahead after three-quarter point moves
The U.S. Federal Reserve increased its benchmark interest rate by 75 basis points to a range of 1.5%-1.75% in June — the biggest increase since… Read More »The Federal Reserve just raised interest rates 75 basis points. Here’s what it means for the Main Street economy
U.S. Federal Reserve Board Chairman Jerome Powell takes questions after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to… Read More »Fed promises ‘unconditional’ approach to taking down inflation in report to Congress
