Federal Reserve Bank

Fed’s Kashkari sees two more 2025 cuts given hiring slowdown

Fed officials lowered interest rates by a quarter percentage point — the first cut since December — at their policy meeting Wednesday, citing the need to support a more fragile job market.

Trump may want to push out Powell, but markets value an ‘independent’ Fed

US Federal Reserve’s operational independence is not a gift from the political executive and legislature. It’s the outcome of prior bouts of inflation, with the system adapting to reach the most effective way to combat it. Undermining it will have long-term consequences in financial markets

Powell says Fed wants to see 'more good inflation readings' before it can cut rates

Speaking at a conference at the Federal Reserve Bank of San Francisco, Powell said he still expected "inflation to come down on a sometimes bumpy path to 2%."

The Fed, staring down two big choices, charts an aggressive path

Policymakers came into the year expecting to barely lift interest rates in 2022, forecasting that they would close out the year below 1%, up from around zero.

Jackson Hole | US Fed reiterates its focus on price stability

Jerome Powell’s comment on the three policy lessons from the past means that the US Fed will have to continue to keep interest rates high to fight inflation

US inflation jumped 8.5% in past year, highest since 1981

From February to March, inflation rose 1.2% , the biggest month-to-month jump since 2005.

Crypto is a very interesting long-term story, says Christopher Wood

Cryptos remain a “vulnerable asset class” but bitcoin stands to gain with the Federal Reserve planning to tighten liquidity and hike rates, says Wood

Deutsche Bank's U.S. ops deemed 'troubled' by Fed a year ago: WSJ

The "troubled condition" status is one of the lowest designations employed by the Fed, The WSJ said.

Fed can start unwinding stimulus this year: Williams

It would make sense if the US economy continues to grow for the Federal Reserve to begin trimming its USD 4.5 trillion balance sheet towards the end of this year, unwinding extraordinary stimulus deployed during the crisis, a Fed policymaker said on Thursday.

Fed's Williams sees three rate hikes without any fiscal stimulus

San Francisco Federal Reserve Bank President John Williams on Tuesday said he sees a "good case" for three rate hikes this year even without any fiscal stimulus, but if the economy accelerates, the Fed would need to raise rates faster.

Fed's Evans says US job market 'kind of tight,' inflation low

Chicago Federal Reserve Bank President Charles Evans said on Monday that while the U.S. labor market is "kind of tight," wage growth is slow and inflation is still too low, suggesting he believes the central bank should go slow on raising interest rates.

Fed is nerdy, geeky, and politically neutral: Policymaker

"Having that independence is very important," Williams said, adding that criticism of the Fed is part of democracy and is to be expected. "We are focused on the economy, focused on achieving our goals; it is not a partisan activity."

Market may stay weak on global cues; Fed leaves rates unchanged

Global markets fear a Donald Trump win in US Presidential election while the Federal Reserve kept interest rates unchanged in its last decision before the polls. The central bank maintained status quo in interest rates but signalled it could hike in December, as equities remained pressured by uncertainty over the impending US elections.

Fed's John Williams says September rate hike makes sense

Williams does not have a vote on Fed policy this year, but his views are seen as influential on the policy-setting committee because of his longstanding relationship with Fed Chair Janet Yellen, his former boss at the San Francisco Fed, and his research-driven style.

Don‘t think Fed will raise rates in 2016: Bank Julius Baer

With China's Producer Price Index lessening and the deflation going away, earnings in the country are expected to rise, he says.

US doing fine, world isn't: Fed's John Williams

John Williams, President & CEO of the Federal Reserve Bank of San Francisco, told CNBC on Monday that he believe the US economy is doing "quite well," pointing to stable inflation and strong employment growth.

William Dudley says too early to think about a rate rise

The Fed surprised half of Wall Street in September by holding rates steady rather than hiking. Fed Chair Janet Yellen and other officials have said they expect a rate hike will be needed by the end of this year, but two Fed governors last week urged caution.