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

Federal Reserve

Economy

Fed's Bostic: Lowering inflation still main US central bank mission

Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday that controlling inflation is still the U.S. central bank's mission, although he did not say what that

Fed's Bostic: Lowering inflation still main US central bank mission
Business

Fed's Logan: Fed has "some time" to see data before deciding next rate move

By Michael S.

Fed's Logan: Fed has "some time" to see data before deciding next rate move
Business

Dollar hits 150 yen then dips on intervention jitters

The dollar touched the closely watched 150 level against the yen on Friday, before falling back again, as investors positioned for the

Dollar hits 150 yen then dips on intervention jitters
Economy

Relentless climb in Treasury yields may have further to run after surging to 5%

Some investors believe a bond market selloff that has pushed the benchmark U.S.

Relentless climb in Treasury yields may have further to run after surging to 5%
Economy

Fed's Bostic: possible Fed could lower rates in late 2024 - CNBC

By Michael S.

Fed's Bostic: possible Fed could lower rates in late 2024 - CNBC
Economy

BofA pushes out final Fed rate hike expectation to December

BofA Global Research said on Friday it now expects the U.S. Federal Reserve to deliver a 25-basis-point rate hike in December instead of November.

BofA pushes out final Fed rate hike expectation to December
Economy

Bond term premiums are now a focus for the Fed. What are they?

U.S.

Bond term premiums are now a focus for the Fed. What are they?
Economy

Fed's Mester says Fed at or near peak for interest rate target

By Michael S.

Fed's Mester says Fed at or near peak for interest rate target
Economy

Fed's Mester says plenty of room left to run on balance sheet drawdown

Federal Reserve Bank of Cleveland President Loretta Mester said on Friday the central bank still has plenty of space to cut the size of its holdings as a complement to its tighter

Fed's Mester says plenty of room left to run on balance sheet drawdown
Economy

Inflation, commercial real estate among top financial stability concerns -Fed survey

The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are among the top concerns of

Inflation, commercial real estate among top financial stability concerns -Fed survey
Business

Vanguard bets on long-term US Treasuries after 'cruel summer' for bond investors

U.S. asset manager Vanguard is bullish on longer-dated Treasuries after this year's brutal selloff, betting that the Federal Reserve is at the end of its rate

Vanguard bets on long-term US Treasuries after 'cruel summer' for bond investors
Economy

Fed hawks, Fed doves: What U.S. central bankers say about policy

By Ann Saphir The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market

Fed hawks, Fed doves: What U.S. central bankers say about policy
Business

US Fed considers shrinking fees banks charge on debit card transactions

The U.S.

US Fed considers shrinking fees banks charge on debit card transactions
Economy

Column-Financial conditions tighten again to temper heated US economy: McGeever

After 18 months of relentlessly rising borrowing costs, the U.S. economy is accelerating again, begging the question about when or if tightening

Column-Financial conditions tighten again to temper heated US economy: McGeever
Economy

NY Fed to tackle weather-related risks in upcoming research barrage

Early next month, the Federal Reserve Bank of New York will take on what has become something of a fraught subject for the central bank: climate change.

NY Fed to tackle weather-related risks in upcoming research barrage
News

US economy delivers blockbuster performance in third quarter

The U.S. economy grew almost 5% in the third quarter, again defying dire warnings of a recession, as higher wages from a tight labor market helped to fuel

US economy delivers blockbuster performance in third quarter
Economy

Wall Street ends lower on mixed earnings, robust data

U.S. stocks tumbled on Thursday, dragged by tech and tech-adjacent megacap shares as investors digested mixed quarterly earnings and signs of economic resiliency

Wall Street ends lower on mixed earnings, robust data
Economy

Traders boost bets Fed will keep rates on hold this year

Traders on Thursday added to bets the Federal Reserve will keep policy on hold through this year and will begin interest rate cuts in mid-2024, despite a stronger-than-expected reading for

Traders boost bets Fed will keep rates on hold this year
Business

Federal Reserve Board ends enforcement action with Citigroup

The Federal Reserve Board on Thursday terminated the enforcement action with Citigroup, sending the shares of the lender up 2/1% in morning trading.

Federal Reserve Board ends enforcement action with Citigroup
Business|Economy|News|World

Stock market today: Wall Street falls, bringing the S&P 500 index 10% below its July peak

Stocks closed lower on Wall Street, bringing the S&P 500 index 10% below the peak it reached in July

Stock market today: Wall Street falls, bringing the S&P 500 index 10% below its July peak
Economy

Wall Street ends mixed at close of earnings-packed week

U.S. stocks closed mostly lower on Friday, losing momentum as investors digested a hectic week of mixed earnings, and economic data that seemed to support the "

Wall Street ends mixed at close of earnings-packed week
Economy

Tighter credit, lending conditions build case for Fed policy hold

U.S.

Tighter credit, lending conditions build case for Fed policy hold
Business|News

US consumers keep spending briskly even in the face of persistent inflation and high interest rates

An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth

US consumers keep spending briskly even in the face of persistent inflation and high interest rates
Economy

US consumer spending exits third quarter on strong note; monthly core inflation rises

U.S. consumer spending surged in September as households boosted purchases of motor vehicles and traveled, keeping spending on a higher growth path heading

US consumer spending exits third quarter on strong note; monthly core inflation rises
Economy

Fed seen keeping rates on hold well into next year

Cooling inflation will likely keep the Federal Reserve on pause in coming months, traders bet on Friday, even as persistent underlying price pressures amid strong consumer spending kept some chance of

Fed seen keeping rates on hold well into next year

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