'Soft landing' narrative takes shape in post-pandemic US economy
By Howard Schneider AMELIA ISLAND, Florida The pummeling taken by bank bond portfolios during more than a year
2023-05-18 18:28
Angry lawmakers accuse Fed of inaction in insider trading investigation
Congressional lawmakers grilled Federal Reserve Inspector General Mark Bialek Wednesday over possible insider trading among Fed officials in 2020, accusing the nation's central bank of inaction.
2023-05-18 08:55
Fed's watchdog defends work before Senate amid questions over his independence
By Michael S. Derby NEW YORK The Federal Reserve’s in-house watchdog defended his agency's independence and ability to
2023-05-18 06:57
FedEx Express pilots vote in support of strike - ALPA union
Pilots of FedEx Express, a unit of FedEx Corp, have voted "overwhelmingly" in support of a strike, the
2023-05-17 23:45
NY Fed report finds decline in downside economic risks
By Michael S. Derby NEW YORK Risks to the economic outlook in a time of a rapid Federal
2023-05-17 22:56
Fed's Mester says central bank committed to getting back to 2% inflation
By Michael S. Derby NEW YORK Federal Reserve Bank of Cleveland President Loretta Mester said Tuesday the U.S.
2023-05-16 20:28
Powell's legacy tested by inflation, bank crisis, new Fed dynamics
By Howard Schneider WASHINGTON Federal Reserve Chair Jerome Powell, who navigated a combative White House and a pandemic
2023-05-16 18:16
Fed's Barkin not yet convinced inflation heading steadily lower
By Howard Schneider AMELIA ISLAND, Florida (Reuters) -Richmond Federal Reserve President Thomas Barkin on Monday said he is not convinced
2023-05-16 05:48
Fed monetary policy mechanics would be tested by US debt default
By Michael S. Derby NEW YORK A default on U.S. Treasury debt would be a leap into the
2023-05-16 02:48
NY Fed finds big slowdown in new mortgage creation in first quarter
By Michael S. Derby NEW YORK Amid a modest gain in overall household borrowing levels during the first
2023-05-15 23:17
We may need to go up on interest rates - Fed's Bostic
Raphael Bostic, the president of the Atlantic Federal Reserve Bank, said he does not expect any interest-rate cuts this year
2023-05-15 19:52
The Fed probably won't cut rates anytime soon. Why that's good news for markets
Wall Street is eager to see the Federal Reserve wind down its aggressive rate-hiking cycle that's battered markets and tested investor morale. Although a pause in interest rate hikes appears likely, cuts may be farther off than some believe.
2023-05-14 20:26