Today: September 19, 2024
Today: September 19, 2024

Latest From Howard Schneider and Ann Saphir

Business|Economy|Finance

Fed unveils oversized rate cut as it gains 'greater confidence' about inflation

The U.S. central bank on Wednesday kicked off an anticipated series of interest rate cuts with a larger-than-usual half-percentage-point

Fed unveils oversized rate cut as it gains 'greater confidence' about inflation
Business|Economy|News

What's happening in Las Vegas shows Fed's 'soft landing' is a good bet

The cracks in the labor market in Las Vegas and across Nevada have typically appeared early and widened fast when the U.S. economy

What's happening in Las Vegas shows Fed's 'soft landing' is a good bet
Business|Economy|Finance

Fed's Powell, in policy shift, says 'time has come' to cut rates

Federal Reserve Chair Jerome Powell on Friday endorsed an imminent start to interest rate cuts, saying further cooling in the job

Fed's Powell, in policy shift, says 'time has come' to cut rates
Business|Finance

Fed has 'clear path' to achieving goals without recession, Collins says

Boston Federal Reserve President Susan Collins on Thursday expressed confidence the U.S. central bank will be able to bring

Fed has 'clear path' to achieving goals without recession, Collins says
Economy|Finance

Fed's Powell puts September rate cut on table as US inflation cools

Federal Reserve Chair Jerome Powell said on Wednesday interest rates could be cut as soon as September if the U.S. economy follows its expected

Fed's Powell puts September rate cut on table as US inflation cools
Economy|News

US economy no longer overheated, Fed's Powell tells Congress

The U.S. is "no longer an overheated economy" with a job market that has cooled from its pandemic-era extremes and in many ways is back where

US economy no longer overheated, Fed's Powell tells Congress
Business

With Fed likely done hiking rates, Waller flags pivot ahead

Federal Reserve policymakers look increasingly comfortable closing out the year with interest rates on hold and the clock ticking on the timing

With Fed likely done hiking rates, Waller flags pivot ahead
Business

With Fed likely done hiking rates, Waller flags pivot ahead

Federal Reserve policymakers look increasingly comfortable closing out the year with interest rates on hold and the clock ticking on the timing

With Fed likely done hiking rates, Waller flags pivot ahead
Business

Fed's Powell: "Not confident" policy is tight enough, supply-side help may be finished

U.S.

Fed's Powell: "Not confident" policy is tight enough, supply-side help may be finished
Business|Economy|News

Fed leaves rates unchanged, sees only one 2024 cut despite inflation progress

The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December as

Fed leaves rates unchanged, sees only one 2024 cut despite inflation progress
Economy

Fed officials mull whether rates high enough as inflation expectations jump

Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a

Fed officials mull whether rates high enough as inflation expectations jump
Economy

Fed's Waller says US "within striking distance" of inflation goal

The U.S. is "within striking distance" of the Federal Reserve's 2% inflation goal, but the central bank should not rush towards cuts in its

Fed's Waller says US "within striking distance" of inflation goal
Economy

With rate hikes likely done, Fed turns to timing of cuts

The Federal Reserve left interest rates unchanged on Wednesday and U.S. central bank chief Jerome Powell said the historic tightening of

With rate hikes likely done, Fed turns to timing of cuts
Economy

Fed's 'golden path' to lower inflation may have some potholes

The "golden path" some Federal Reserve officials see leading to lower inflation without high unemployment may, like the pot of gold at the end of

Fed's 'golden path' to lower inflation may have some potholes
Economy

Nodding to rising bond yields, Fed's Jefferson says can "proceed carefully"

The U.S.

Nodding to rising bond yields, Fed's Jefferson says can "proceed carefully"
Economy

Middle East conflict adds new risks to global economic outlook

The outbreak of military conflict in the Middle East may leave central bankers battling new inflationary trends as well as deal a blow to economic

Middle East conflict adds new risks to global economic outlook
News|Political

Fed leaves rates unchanged, flags 'lack of further progress' on inflation

The U.S.

Fed leaves rates unchanged, flags 'lack of further progress' on inflation
Uncategorized

Fed's Powell: higher rates may be needed, will move 'carefully'

The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Friday, promising to move with care at upcoming meetings as he noted both progress made on easing price pressures as well as risks from the surprising strength of the U.S. economy. While not as hawkish a message as he delivered this time a year ago at the annual Jackson Hole Economic Policy Symposium, Powell’s remarks still delivered a punch, with investors now seeing one more rate hike by year-end more

Fed's Powell: higher rates may be needed, will move 'carefully'
Uncategorized

Fed's Powell: higher rates may be needed, will move 'carefully'

The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Friday, promising to move with care at upcoming meetings as he noted both progress made on easing price pressures as well as risks from the surprising strength of the U.S. economy. While not as hawkish a message as he delivered this time a year ago at the annual Jackson Hole Economic Policy Symposium, Powell’s remarks still delivered a punch, with investors now seeing one more rate hike by year-end more

Fed's Powell: higher rates may be needed, will move 'carefully'

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