Bank of America CEO: Inflation could hit Fed's 2% target by 2025
US inflation could hit the Federal Reserve's 2% target in 2025, Bank of America CEO Brian Moynihan told CNN in an exclusive interview Tuesday.
2023-06-27 23:53
Economists weigh in on Mike Pence suggestion to eliminate the Fed's employment mandate
The Federal Reserve has two goals: to keep inflation under control and to strive for maximum employment. Mike Pence, who served as Donald Trump's vice president and is vying to helm the White House, is campaigning on eliminating the Fed's employment mandate.
2023-06-27 03:48
Fed's Williams: Restoring price stability is critical goal right now
NEW YORK Federal Reserve Bank of New York President John Williams said lowering inflation pressures is a key
2023-06-26 21:50
Big US banks to fare well in annual health checks despite spring turmoil
By Pete Schroeder WASHINGTON Big U.S. lenders are expected to show they have ample capital to weather any
2023-06-26 12:23
Factbox-What's new with the U.S. Fed's 2023 bank stress tests?
By Pete Schroeder WASHINGTON The U.S. Federal Reserve is due to release the results of its annual bank
2023-06-26 12:19
Are investors ignoring the Federal Reserve's warning?
Stocks fell last week as several signs pointed to the Federal Reserve continuing to hike rates this year.
2023-06-25 19:24
Exclusive-Fed's Daly: two more US rate hikes a 'very reasonable' projection
By Ann Saphir SAN FRANCISCO Two more U.S. interest-rate hikes this year is a "very reasonable" projection, San
2023-06-23 21:46
Fed's Powell tells Senate Democrats inflation hardest on working families
By Howard Schneider and Ann Saphir WASHINGTON U.S. Federal Reserve Chair Jerome Powell on Thursday defended the likely
2023-06-22 22:53
Analysis - Investors keep bets on U.S. rates soon topping out, despite Powell's hawkishness
By Davide Barbuscia NEW YORK A hawkish tilt from Federal Reserve Chair Jerome Powell hasn't been enough to
2023-06-22 13:27
Atlanta Fed's Bostic: Rates should stay steady from here
By Howard Schneider WASHINGTON The Federal Reserve should not raise interest rates further or it would risk "needlessly"
2023-06-22 04:15
Powell says U.S. Fed will make "judgment call" on costs of new regulations
By Pete Schroeder WASHINGTON (Reuters) -Raising U.S. bank capital requirements to guard against future losses could increase the cost of
2023-06-22 01:58
Powell says he expects dollar to remain global reserve currency
Federal Reserve Chair Jerome Powell said on Wednesday he expects the U.S. dollar to remain the world’s reserve
2023-06-22 01:52