Today: September 20, 2024
Today: September 20, 2024

Federal Reserve

Economy

Fed's Cook says hopes current policy setting is adequate to settle inflation

Federal Reserve Gov. Lisa Cook said she hopes the central bank's current target interest rate is adequate to return inflation to the Fed's 2% target.

Fed's Cook says hopes current policy setting is adequate to settle inflation
Economy

Fed report shows US loan officers see tighter credit, weaker demand

Banks tightened lending standards for U.S. businesses and households in the third quarter, but the pace of change appeared to ease, and demand for loans fell

Fed report shows US loan officers see tighter credit, weaker demand
Economy

Fed's Neel Kashkari not convinced rate hikes are over -WSJ

Minneapolis Federal Reserve Bank President Neel Kashkari said he would err on the side of overtightening monetary policy rather than not doing enough to bring inflation down to the central

Fed's Neel Kashkari not convinced rate hikes are over -WSJ
Economy

Kashkari: Fed has more work to do to control inflation

Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday that the U.S. central bank likely has more work ahead of it to control inflation.

Kashkari: Fed has more work to do to control inflation
Economy

Fed may have to do more to get US inflation back to 2% - Kashkari

The Federal Reserve may have to do more to bring inflation back down to its 2% target given the recent run of resilient economic data, Minneapolis Fed Bank President Neel Kashkari said on

Fed may have to do more to get US inflation back to 2% - Kashkari
Economy

Fed's Waller calls Q3 US GDP growth a 'blowout,' but newer data suggest slowdown

Federal Reserve policymakers fresh from last week's decision to hold the policy rate steady are weighing strong economic data, some

Fed's Waller calls Q3 US GDP growth a 'blowout,' but newer data suggest slowdown
Economy

Fed's Logan: watching if financial conditions tight enough

Dallas Federal Reserve Bank President Lorie Logan on Tuesday said she supported leaving the Fed's policy rate on hold last week to assess if financial conditions are

Fed's Logan: watching if financial conditions tight enough
Economy

NY Fed: US Q3 credit card debt up on strong economy, as credit woes tick higher

By Michael S.

NY Fed: US Q3 credit card debt up on strong economy, as credit woes tick higher
Economy

Column-October suddenly looks like a bad bond dream: Mike Dolan

If the notorious 'term premium' is evaporating again, then last month's bond rout may just have been a nightmare.

Column-October suddenly looks like a bad bond dream: Mike Dolan
Economy

Fed's Williams says US central bank's policymaking now more strategic

By Michael S.

Fed's Williams says US central bank's policymaking now more strategic
Economy

Fed's Jefferson: high uncertainty could justify aggressive policy

Federal Reserve Vice Chair Philip Jefferson on Wednesday closed a daylong Fed conference with the observation that operating under uncertainty is a challenge for central bankers and that,

Fed's Jefferson: high uncertainty could justify aggressive policy
Economy

S&P 500, Nasdaq snap winning streaks after Powell, Treasury auction

U.S. stocks closed lower on Thursday, snapping the longest winning streaks for the Nasdaq and S&P 500 in two years, as Treasury yields climbed after a disappointing

S&P 500, Nasdaq snap winning streaks after Powell, Treasury auction
Economy

Fed done raising rates; risk is for expected Q2 cut to be delayed - Reuters poll

The U.S.

Fed done raising rates; risk is for expected Q2 cut to be delayed - Reuters poll
Business

New US jobless claims edge down; continued claims on the rise

The number of Americans filing new claims for unemployment benefits edged down last week, signaling that layoffs remain low even as the still-strong job market shows some signs

New US jobless claims edge down; continued claims on the rise
Business

Fed's Barkin: 'remains to be seen' if more tightening is needed

Richmond Federal Reserve Bank President Thomas Barkin on Thursday said that while there's been "real progress" on inflation, he is still unsure if the U.S. central bank will

Fed's Barkin: 'remains to be seen' if more tightening is needed
Economy

Fed reverse repos fall under $1 trillion for first time since August 2021

Money parked at the Federal Reserve’s reverse repo facility fell under the $1 trillion mark for the first time in just over two years, central bank data released on Thursday

Fed reverse repos fall under $1 trillion for first time since August 2021
Economy

Traders now see Fed starting rate cuts later in 2024 

Traders of futures contracts that track expectations for the Federal Reserve's policy rate pushed out bets on the U.S. central bank's likely first interest-rate cut to June of next year, after Fed

Traders now see Fed starting rate cuts later in 2024 
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

Fed's Powell leans hawkish in IMF remarks

U.S.

Fed's Powell leans hawkish in IMF remarks
Economy

Fed's Powell: biggest mistake would be to fail to control inflation

Federal Reserve Chair Jerome Powell on Thursday said that while the Fed is "not going to ignore" a significant tightening in financial conditions from higher bond yields, there is no "

Fed's Powell: biggest mistake would be to fail to control inflation
Economy

Marketmind: Powell pushback puts cloud 9 beyond reach

A look at the day ahead in U.S. and global markets from Mike Dolan A slightly exaggerated market reaction to Fed chair Jerome Powell's pushback against early U.S. interest rate cuts was enough to

Marketmind: Powell pushback puts cloud 9 beyond reach
Business

Wall Street looks to slippery open as Fed's Powell quells rate peak bets

U.S. stocks looked set for a mixed to lower start on Friday, while the dollar was steady as hawkish comments from U.S.

Wall Street looks to slippery open as Fed's Powell quells rate peak bets
Economy

Column-Central banks need a word with budget masters: Mike Dolan

If a re-emerging risk premium in bonds is down to government debt sustainability worries, central banks may need to lobby their Treasuries that it's undermining their

Column-Central banks need a word with budget masters: Mike Dolan
Economy

Analysis-Some investors see Powell's hawkish lean as response to looser financial conditions

A hawkish lean from Federal Reserve Chair Jerome Powell chilled a recent rebound in stocks and bonds, with some investors suggesting the central bank

Analysis-Some investors see Powell's hawkish lean as response to looser financial conditions
Business|Economy|News|World

Stock market today: Wall Street rallies and adds to its strong gains in November

Wall Street rose sharply to add to an already strong November, which is on track to be one of the market's best months of the year

Stock market today: Wall Street rallies and adds to its strong gains in November

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