Federal Reserve official says Central Bank is not influenced by politics
Adriana Kugler, one of the seven members of the Fed’s governing board, reinforced the central bank’s independence from political influence, describing it as essential for a stable economy. Kugler ...
Boston Fed President says December rate cut isn’t a ‘done deal’Boston Fed President says December rate cut isn’t a ‘done deal’
Boston Fed President Susan Collins said it was too soon to say whether the Fed should cut interest rates next month.
The Trump Stock Market Bump Is Coming Down
The stock market's "Trump bump" that followed his victory over Vice President Kamala Harris in last week's election appears ...
Stock Market Today: Dow ends 300 points lower as rate-cut doubts stall postelection rally
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were ...
Stocks tumble on Wall Street as the 'Trump bump' fades and vaccine makers sink
U.S. stocks suffered their worst loss since election day as the boost from Donald Trump's victory and a Federal Reserve ...
How the Fed's Rate Cuts Will Affect Your Money—And What to Do About It
The Federal Reserve delivered its second interest rate cut in a row to boost the economy and prevent a rise in unemployment, but it may take a while for consumers to see its effects.
US Fed Concerned About Rise In Office Loan Delinquency
Delinquencies on US commercial real estate loans hit the highest level for a decade, the Federal Reserve said Friday, noting that offices were facing a particularly tough time.
Crain's Cleveland Business10h
Former Fed economist talks risks to NEO's post-election economy
“When you have a new administration and they want to have some sort of fiscal policy initiative that could alter growth ...
Crain's Chicago Business11h
'Rates will be a lot lower’ in 12-18 months, Goolsbee says
The Chicago Fed chief said as long as inflation continues down toward the central bank’s 2% goal, interest rates will keep ...
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Richmond Fed’s Barkin expects inflation will fall into next year, hints at slowing rate-cut pace
Richmond Fed president Tom Barkin said Friday that he expects inflation will continue to drop into next year and hinted at ...
Fed's Goolsbee sees another 125 bps of rate cuts by end-2025
Federal Reserve Bank of Chicago President Austan Goolsbee on Friday signaled he feels the U.S. central bank will likely end ...