Federal Reserve
The Commerce Department released the Federal Reserve’s preferred inflation gauge, which showed inflation trended higher in September, as third-quarter GDP rose more than expected.
Federal Reserve policymakers left interest rates unchanged at their October meeting ahead of next week’s midterm elections while inflation remains elevated.
With midterm elections days away, the Federal Reserve faces a high bar for an October rate hike despite hotter-than-expected September CPI data.
Fed Governor Lisa Cook’s attorney questions Kevin Hassett’s role in a White House mortgage investigation and seeks to delay a hearing scheduled for Nov. 5.
White House advisor Kevin Hassett says rising energy costs contributed to disappointing inflation data, while bank executives report that consumers continue to spend.
‘Picture the faculty lounge trying to build a new football stadium,’ a Wall Street Journal editorial says of the central bank’s feckless renovation project
Kevin Warsh taps the GSA to take over the Federal Reserve’s $2.38 billion renovation after an IG report flagged major cost overruns and delays.
Running out of cash is a bad thing. Running out of worthless cash is an even worse thing
The Federal Reserve’s inspector general released its findings from an investigation into the cost overruns in a Fed renovation project, finding no administrative misconduct.
The Federal Reserve’s latest rate hike is likely to increase borrowing costs for many consumers, while high-yield savings account rates could gradually rise.
The Federal Reserve raised interest rates, and markets now price in up to two more hikes by year’s end as inflation remains above the 2% target.
The Federal Reserve rate hike pushed 30-year mortgage rates to 7.14%, and real estate experts warn price reductions and a buyer’s market may follow.
The economy is in a prosperous position, roughly a year after Trump and the Republicans passed their One, Big, Beautiful Bill
The Federal Reserve raised its key interest rate for the first time in three years amid persistent inflation caused in part by high energy prices.
The Federal Reserve is widely expected to hike interest rates Wednesday as inflation stays stubbornly above the central bank’s target and Treasury yields hover around 5%.
The former Federal Reserve chair reportedly sold his Gibson Island waterfront mansion in an off-market deal less than three months after leaving the central bank.
Kevin Warsh’s Jackson Hole Symposium keynote signals the Federal Reserve is prepared to raise rates if PCE inflation fails to reach its 2% target.
Fed Chair Kevin Warsh on Friday will deliver his first keynote at the annual Jackson Hole monetary policy conference against a backdrop of economic uncertainty.
Federal Reserve Chair Kevin Warsh delivers his first Jackson Hole keynote as bond yields near highs and markets demand clarity on the Fed’s rate path.
The Fed’s favored inflation gauge remained well above the central bank’s 2% target in July after the Commerce Department released the PCE inflation report.
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