All members of the US Federal Reserve’s powerful rate-setting committee judged earlier this month that it would be appropriate to keep interest rates high “for some...
US central bankers remain committed to raising interest rates further to quell rising prices, but agreed it would be appropriate to slow the pace of the...
In Washington circles, saying the “R” word comes with a bit of risk. As the specter of recession looms over the US economy, defining exactly what...
US Federal Reserve Governor Christopher Waller signaled Thursday he may support a full percentage point interest rate hike this month — the biggest increase in more...
The US Senate on Wednesday confirmed President Joe Biden’s nominee for the role of the top Federal Reserve banking cop, a key oversight role for US...
US central bankers last month flagged the concern that sky-high inflation could become persistent and reiterated their willingness to continue raising interest rates to tamp down...
The US economy will slow this year as intended and is expected to avoid a downturn, but the Federal Reserve will have to raise borrowing rates...
The largest banks operating in the US market have sufficient resources to withstand a severe economic downturn and continue providing financing to American families and firms, the...
Federal Reserve Chair Jerome Powell on Thursday downplayed the idea that government pandemic aid was the key factor fueling US inflation, instead blaming a confluence of...
The US economy is strong but faces an “uncertain” global environment and could see further inflation “surprises,” Federal Reserve Chair Jerome Powell said Wednesday. In the...