Fed's Daly: Rates Need To Rise To Tamp Down Too-high Inflation
San Francisco Federal Reserve Bank President Mary Daly said Tuesday she believes the "main risk" to the U.S.
Fed Will Raise Interest Rates More Aggressively If Needed, Powell Says
The U.S. central bank must move "expeditiously" to bring too-high inflation to heel, Federal Reserve Chair Jerome Powell said on Monday, adding that it could use bigger-than-usual interest rate hikes if needed to do so.
Fed Must Move 'Expeditiously' And, If Needed, More Aggressively, Powell Says
The U.S. central bank must move "expeditiously" to bring too-high inflation to heel, Federal Reserve Chair Jerome Powell said on Monday, adding that it could use bigger-than-usual interest rate hikes if needed to do so.
Fed's Bostic Sees 6 Rate Hikes This Year, Risks From War
Atlanta Federal Reserve Bank President Raphael Bostic said Monday he has penciled in a total of six interest rate hikes this year and two for 2023, fewer than most of his colleagues as he worries about the effects of Russia's invasion of Ukraine on the U.S.
Fed's Bostic Sees 6 Rate Hikes This Year, War Risks
Atlanta Federal Reserve Bank President Raphael Bostic said Monday he has penciled in a total of six interest rate hikes this year and two for 2023, fewer than most of his colleagues as he worries about the effects of Russia's invasion of Ukraine on the U.S.
Fed May Have To Be More Aggressive After Hiking Rates This Year, Kashkari Says
The Federal Reserve should raise its policy rate to the range of 1.75% to 2% this year, Minneapolis Fed President Neel Kashkari said on Friday, and at least modestly higher after that to put the brakes on the economy and bring down inflation.
Fed Signals Fastest Tightening Since 2006; Markets See More
Federal Reserve policymakers on Wednesday signaled much faster interest rates hikes this year than they had expected just a few months ago, getting them to about 1.9% by the end of the year as they try to tamp down soaring inflation.
Fed To Raise Rates, Won't Be As Restrictive As '90s: Evans
Federal Reserve Bank of Chicago President Charles Evans on Friday said the U.S.
Who Can Fix The Price Tags? U.S. Businesses Hit By Labor Shortages, Inflation
In Alaska and Utah, job candidates skipped scheduled interviews and new hires failed to show up for their first day of work.
Fed's Evans: U.S. Inflation Extremely High, Rates Hikes Needed
Federal Reserve Bank of Chicago President Charles Evans on Wednesday said "extremely" high inflation poses "quite a risk" to economic growth, and the U.S.
Fed Should Lift Rates A Full Percentage Point By Mid-year -Waller
Federal Reserve Governor Christopher Waller on Thursday laid out the case for a "concerted" effort to rein in inflation, calling for raising interest rates a full percentage point by mid-year, starting with a half-percentage-point hike in March if data in coming weeks continues to point to an "exceedingly hot" economy.
Fed Should Raise Rates A Full Percentage Point By Mid-year -Waller
Federal Reserve Governor Christopher Waller on Thursday laid out the case for a "concerted" effort to rein in inflation, calling for raising interest rates a full percentage point by mid-year, starting with a half-percentage-point hike in March if data in coming weeks continues to point to an "exceedingly hot" economy.
Fed's Daly: Pace Of Policy Tightening Depends On Data
With the U.S. economy and the labor market doing well but inflation too high, it is "appropriate" for the Federal Reserve to begin reducing policy accommodation next month, San Francisco Federal Reserve Bank President Mary Daly said Wednesday.
Fed's Daly Prefers 'At Least' Four Rate Hikes In 2022
San Francisco Federal Reserve Bank President Mary Daly said on Wednesday she expects the U.S.
Fed's Daly: Need More 'Urgency' On Policy Tightening
San Francisco Federal Reserve Bank President Mary Daly said on Wednesday she expects the U.S.
Three Fed Banks Voted To Increase Discount Rate In January
Directors at three regional Federal Reserve banks voted in January to increase the interest rate charged to commercial banks for emergency loans by a quarter of a percentage point, minutes of their discount rate meetings showed on Tuesday.
Fed's Messaging On Pivot Gets High Marks From Wall Street
Federal Reserve Chair Jerome Powell won high marks from Wall Street as he dialed up expectations late last year for a more hawkish policy stance to quell rising inflation, a survey by the New York Federal Reserve published Thursday showed.
Fed's Kashkari Says He Had COVID, And It Informs His Outlook
Minneapolis Federal Reserve Bank President Neel Kashkari said Thursday that he and his family had COVID-19 earlier this year, and the experience drove home for him that it will take some time for the economy to get back to normal.
Fed's Kashkari: 'Let's Not Overdo It' On Fed Rate Hikes
Minneapolis Federal Reserve Bank President Neel Kashkari said Wednesday it's 'appropriate' for the U.S.
Fed's Barkin: 'I'd Have To Be Convinced' Of Need For Half-point Rate Hike
Richmond Federal Reserve Bank President Tom Barkin on Thursday said he would be "conceptually" open to raising interest rates by a bigger-than-usual half-of-a-percentage point increment, but does not see a need for it now.
Fed's Bullard Calls For Big Hike In Interest Rates To Fight Inflation
St. Louis Federal Reserve President James Bullard said on Thursday that he has become "dramatically" more hawkish in light of the hottest inflation reading in nearly 40 years, and he now wants a full percentage point of interest rate hikes over the next three U.S.
As US Bond Market Swoons, Fed Policymakers Sanguine, For Now
Federal Reserve policymakers continue to signal that gradual U.S. interest rate hikes will be enough to tame inflation despite a fast-growing economy, even as a jump in longer-term borrowing costs suggests investors may be increasingly nervous about that rosy scenario.
Fed Policymakers See Rate Hikes, Blurring Dove-Hawk Divide
The Fed in June raised rates for a second time this year, marking the seventh time it has hiked rates since late 2015. It is widely expected to hike rates again when it next meets in September.