News

Fed Chair Faces Scrutiny at Major Policy Speech. Also, Bats.

A colony of bats recently took up residence at the storied Jackson Lake Lodge, where central bankers and economic ...

Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health

"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ ...

Fed Portfolio Shift Could Hand Treasury $2 Trillion, BofA Says

A possible shift in the composition of the Federal Reserve’s portfolio of Treasury holdings could result in the central bank ...

Powell at Jackson Hole, Fed Minutes, Walmart Earnings: What to Watch Next Week

Next week's set-piece event is the Jackson Hole central-bank gathering in Wyoming, slated for Thursday through Saturday.

Fed Faces High Bar for Big Cuts Despite White House Pressure

The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...

Fed to End Program That Stepped Up Bank-Crypto Scrutiny

The Federal Reserve said it will wind down a Biden-era initiative that was designed to step up scrutiny of lenders’ ...

Trump says Fed chair search down to ‘three or four’ candidates, with announcement coming ‘a little bit early'

President Donald Trump said on Wednesday that he has narrowed down the list of candidates to replace Chair Jerome Powell to ...

There's one thing that could throw cold water on rate cuts, says one of the contenders for Fed chief

The 10-year Treasury yield will be a key factor determining how aggressively the Fed can cut rates, Marc Sumerlin, a contender for Fed Chair, said.