Despite shakeup at the Fed, a rate hike in September is likely
Some Federal Reserve officials are already advocating for two consecutive rate hikes starting this month to ensure inflation's defeat, but will their sway hold amid a shakeup at the Fed committee that decides interest rates?
2023-07-18 02:47
Is the wild ride over? Fed faces broader debate as it tees up rate hike
By Howard Schneider WASHINGTON Since the Federal Reserve decided to keep interest rates on hold at its June
2023-07-17 18:27
Federal appeals court rules Microsoft can close its Activision merger
A federal appeals court said it will not block Microsoft from closing its $69 billion acquisition of Activision Blizzard, handing the Federal Trade Commission its second major defeat this week in a case involving the future of the video game industry.
2023-07-15 07:46
Fed's rate hike lags are about to bite: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -For the Fed and the U.S. economy, the hard bit starts now. Depending on
2023-07-14 14:53
Fed's Waller eyes July rate rise, and another hike before year ends
By Michael S. Derby NEW YORK Federal Reserve Governor Christopher Waller said Thursday he’s not ready to call
2023-07-14 06:52
San Francisco Fed president: 'It's really too early to declare victory on inflation'
Despite promising signs that inflation is abating, San Francisco Federal Reserve Bank President Mary Daly said the fight against price increases isn't over.
2023-07-14 05:46
Fed hawk Bullard steps down to be dean at business school in Indiana
By Michael S. Derby and Ann Saphir (Reuters) -St. Louis Federal Reserve President James Bullard, a leading hawk at the
2023-07-14 04:45
St. Louis Fed President James Bullard is stepping down, effective August
St. Louis Federal Reserve President James Bullard announced Thursday he is stepping down from his position in mid-August.
2023-07-14 02:56
Banks can manage outflow risk in Fed's new payment service system, Mester says
By Michael S. Derby NEW YORK Cleveland Federal Reserve President Loretta Mester said on Wednesday that the U.S.
2023-07-13 04:21
Inflation just fell when rate hikes were paused. So why should the Fed keep hiking?
Inflation cooled for the 12th consecutive month in June, moving to 3% from 4% in May, according to the latest Consumer Price Index data from the Labor Department.
2023-07-13 03:48
Fed's Jefferson, fellow Fed nominees advance toward confirmation
By Moira Warburton and Ann Saphir WASHINGTON (Reuters) -U.S. President Joe Biden's three Federal Reserve Board nominees, including his pick
2023-07-13 02:50
US economic activity rose slightly in recent weeks, Fed survey shows
U.S. economic activity increased slightly in recent weeks, and expectations were for continued slow growth in coming months,
2023-07-13 02:22