Today: September 21, 2024
Today: September 21, 2024

Federal Reserve

News

Fed policymakers agree: there's no urgency to cut rates

By Ann Saphir and Michael S.

Fed policymakers agree: there's no urgency to cut rates
Business|News

Average long-term US mortgage rate climbs above 7% to highest level since late November

Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage rate moving above 7% this week to its highest level in nearly five months

Average long-term US mortgage rate climbs above 7% to highest level since late November
Business

Fed's Bostic says he is not in a 'mad dash hurry' on rate cuts

Atlanta Federal Reserve President Raphael Bostic on Thursday said inflation is going to return to the U.S. central bank's 2% more slowly than many had expected, and "for me, that's okay ..

Fed's Bostic says he is not in a 'mad dash hurry' on rate cuts
Business|Economy|News

Fed's rate-cut foot-dragging grates on global peers at IMF meetings

Finance chiefs from economies large and small are scrambling to keep pace with the Federal Reserve's rapid resetting of rate-

Fed's rate-cut foot-dragging grates on global peers at IMF meetings
Economy|News|Political

Wall Street's "fear gauge" at over 5-month high on rate cut, Mideast worries

Wall Street's "fear gauge" hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions.

Wall Street's "fear gauge" at over 5-month high on rate cut, Mideast worries
Business|Economy|News

Fed policy on hold because of 'stalled' progress on inflation, Goolsbee says

Progress on bringing down inflation has "stalled" this year, Chicago Federal Reserve President Austan Goolsbee said on Friday, becoming the latest U.S. central banker to drop

Fed policy on hold because of 'stalled' progress on inflation, Goolsbee says
Business|Economy|Environment|News

Fed survey cites inflation, US election as key financial stability risks

Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the Federal Reserve's latest

Fed survey cites inflation, US election as key financial stability risks
Business|Economy|News|World

Analysis-US bond bulls lean into latest selloff despite inflation scare

A sharp selloff in U.S. bonds so far in April is prompting some investors to consider allocating more funds to the asset class to lock in

Analysis-US bond bulls lean into latest selloff despite inflation scare
Economy

Fed hawks and doves: what US central bankers are saying

U.S. central bankers have kept their target for short-term borrowing costs in the 5.25%-5.50% range since last July, when they completed their 2022-2023 rate-hike campaign to combat soaring

Fed hawks and doves: what US central bankers are saying
Economy|News

US business activity cools in April; inflation measures mixed

U.S. business activity cooled in April to a four-month low due to weaker demand, while rates of inflation eased slightly even as input prices rose sharply, suggesting some possible relief

US business activity cools in April; inflation measures mixed
Economy|News

Column-BoE tries to sail a mid-ocean policy :Mike Dolan

Cut in June or not at all? The Bank of England is left parsing policy between a European Central Bank nailed on for cutting rates by mid-year and a U.S.

Column-BoE tries to sail a mid-ocean policy :Mike Dolan
Economy|News|World

Dollar sags after mixed US growth and inflation report, except against yen

The U.S. dollar fell on Thursday, except against the yen, vacillating after data showed unexpected slowing in economic growth and an

Dollar sags after mixed US growth and inflation report, except against yen
Economy|News

Confounding US economic, inflation data cloud Fed's rate path

The Federal Reserve's latest financial stability report was good news for anyone worried that a record run of interest rate hikes might overstress the banking system or

Confounding US economic, inflation data cloud Fed's rate path
Business|News

US applications for jobless claims fall to lowest level in 9 weeks

Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflation

US applications for jobless claims fall to lowest level in 9 weeks
Business|Economy|News|Political

Weak GDP, strong prices, highlight Fed dilemma

U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run potential for the first time in nearly two

Weak GDP, strong prices, highlight Fed dilemma
Business|News

Average long-term US mortgage rate climbs for fourth straight week to highest level since November

The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what’s traditionally the housing market’s busiest time of the year

Average long-term US mortgage rate climbs for fourth straight week to highest level since November
Arts|Business|Economy|News

Japan's yen tumbles to 34-year low; US dollar gains after inflation data

The dollar surged to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, coming in

Japan's yen tumbles to 34-year low; US dollar gains after inflation data
Business|Economy|News

Analysis-Investors brace for 5% Treasury yields as US inflation worries mount

As U.S. inflation worries grow, some investors are preparing for the 10-year U.S. Treasury yield to breach a 16-year high of 5% hit last October.

Analysis-Investors brace for 5% Treasury yields as US inflation worries mount
Business|Economy|News|World

Stock market today: Asian benchmarks mostly climb despite worries about US economy

Asian shares are mostly higher despite worries about the economic outlook and inflation in the U.S. and globally

Stock market today: Asian benchmarks mostly climb despite worries about US economy
News|World

Take Five: Fed straight ahead

A U.S.

Take Five: Fed straight ahead
Economy|News

Trump allies drafting plans to erode Fed's independence, WSJ reports

The allies of Republican presidential candidate Donald Trump are drafting proposals that would attempt to erode the Federal Reserve's independence if he wins, the Wall Street Journal

Trump allies drafting plans to erode Fed's independence, WSJ reports
Economy|News|Political

Futures extend gains after March PCE data

U.S. stock index futures extended gains on Friday, as fresh evidence of progress on the inflation front reignited hopes that the Federal Reserve could cut interest rates sometime this year

Futures extend gains after March PCE data
Business|News

Fed's preferred inflation gauge shows price pressures stayed elevated last month

A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid

Fed's preferred inflation gauge shows price pressures stayed elevated last month
Business|Economy|News

JPMorgan's Dimon says stagflation is possible outcome for US economy, but he hopes for soft landing

JPMorgan CEO Jamie Dimon says stagflation could be one of a number of possible outcomes for the U.S. economy as the Federal Reserve attempts to tame stubbornly high consumer prices

JPMorgan's Dimon says stagflation is possible outcome for US economy, but he hopes for soft landing
News

How Trump could influence the makeup of the Fed

Donald Trump's allies are reported to be drafting proposals to erode the Federal Reserve's independence if the presumptive Republican presidential nominee regains the White House, with

How Trump could influence the makeup of the Fed

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