Federal Reserve News

Federal Reserve Ends Special Oversight on Crypto Banking Activities, Signaling Maturity in Sector

The Federal Reserve has decided to end its special oversight program for crypto banking activities, integrating them into standard supervision due to improved understanding and ris...

Fed's Goolsbee Expresses Concerns Over Latest CPI and PPI Inflation Data

Federal Reserve Bank of Chicago President Austan Goolsbee expresses concerns over recent CPI and PPI inflation data, highlighting services inflation as a worry. He discusses the Fe...

Potential Fed Chair Candidate Advocates for Significant Interest Rate Reductions Amid Economic Shifts

David Zervos, a potential Fed chair pick, supports larger interest rate cuts, advocating for up to 200 basis points reduction, influenced by technological and supply-side disinflat...

Fed's Musalem Predicts: Tariff Pressures to Diminish Within 6-9 Months, Amid Economic Signals

Federal Reserve's Alberto Musalem discusses the temporary nature of tariff impacts on inflation, expecting a fade within 6-9 months. He also notes economic weakening signs but main...

Fed's Daly Cautions Against 50 bps Rate Cut, Warns of Misleading Urgency Signals

Mary Daly, President of the Federal Reserve Bank of San Francisco, warns against a 50-basis point rate cut in September, fearing it may signal unnecessary urgency. She highlights a...

Treasury Secretary Urges Federal Reserve for Significant Rate Cuts Amid Economic Uncertainty

US Treasury Secretary Scott Bessent advocates for substantial Federal Reserve rate cuts, suggesting a 1.5 percentage point reduction. Revised labor data might have prompted earlier...

Fed's Bostic Advocates for Patience in Monetary Policy Amid Strong Labor Market

Atlanta Fed President Raphael Bostic suggests the Federal Reserve can afford to wait before adjusting monetary policy, citing a strong labor market with low unemployment rates. He ...

Treasury Secretary Bessent Advocates for a Bold 50 Basis Points Rate Cut by Fed in September

US Treasury Secretary Scott Bessent urges the Federal Reserve to cut interest rates by 50 basis points in September, citing missed opportunities in June and the need for new leader...

Fed's Barkin Signals Caution: Major Rate Cuts Unlikely Amid Strong Labor Market

Federal Reserve's Thomas Barkin indicates major interest rate cuts are unlikely due to strong labor market indicators. He discusses the interplay between consumer spending, unemplo...

Fed's Bowman Anticipates Three Rate Cuts This Year Amid Economic Shifts

Federal Reserve Vice Chair Michelle Bowman forecasts three rate cuts this year, citing economic shifts and labor data. She emphasizes the importance of proactive policy adjustments...

Federal Reserve Eyes September Rate Cut as Economic Indicators Signal Potential Recession

The Federal Reserve is considering a rate cut in September as U.S. economic indicators show signs of deterioration, with market expectations surging and Fed officials signaling rea...

Federal Reserve's Bostic Highlights Economic Turbulence Following Significant Job Revisions

Federal Reserve's Bostic discusses the implications of recent job data revisions, revealing economic turbulence and elevated labor market risks, while maintaining optimism about th...

Exclusive: President Trump Narrows Down Federal Reserve Chair Candidates to Final Three

President Donald Trump has narrowed the list of candidates for the Federal Reserve governor position to three, with plans to appoint both temporary and permanent candidates soon. T...

Fed Governor Lisa Cook Advocates for Caution and Humility in Economic Policymaking Amid Uncertainty

Federal Reserve Governor Lisa Cook calls for cautious and humble approach in economic policymaking, highlighting concerns over recent jobs data and the importance of monitoring a w...

Fed's Kashkari Urges Action on Slowing Economy, Eyes Rate Cuts Amid Uncertainties

Federal Reserve's Neel Kashkari calls for action against the slowing economy, suggesting potential rate cuts. He discusses the unclear impact of tariffs on inflation and expresses ...

President Trump to Announce Federal Reserve Chair Nominee by End of Week, Narrowing Down to Four Candidates

President Donald Trump is set to announce his pick for the Federal Reserve chair by the week's end, choosing from four final candidates. The decision comes amidst criticisms of cur...

Fed's Williams Highlights Strong Labor Market and Anchored Inflation Expectations Amid Cooling Signs

Federal Reserve Bank of New York President John Williams discusses the resilience of the US labor market and steady inflation expectations, despite signs of cooling and tariff-rela...

Fed's Kashkari Emphasizes Data-Driven Policy Amid Political Uncertainties

Federal Reserve Bank of Minneapolis President Neel Kashkari discusses the Fed's data-driven approach amid political changes, emphasizing the importance of reliable economic data ov...

Fed Officials Warn of Economic Risks in Holding Off on Rate Cuts, Urge Gradual Approach

Federal Reserve officials Michelle Bowman and Christopher Waller highlight the risks of delaying interest rate cuts, emphasizing the importance of a gradual approach to safeguard t...

Fed's Bostic Expresses Significant Concerns Over Latest Jobs Data, Hints at Future Rate Cuts

Federal Reserve Bank of Atlanta President Raphael Bostic raises concerns over recent jobs data, indicating potential risks to the job market but maintains a positive outlook on its...

Fed Maintains Interest Rates Amid Economic Uncertainty, Sparks Debate Among FOMC Members

The U.S. Federal Reserve has opted to keep interest rates unchanged at 4.25 to 4.50 percent, citing economic uncertainty and inflation concerns. The decision reveals divisions with...

Federal Reserve Holds Steady: Interest Rates Remain Unchanged Amid Economic Uncertainty

The Federal Reserve has decided to keep interest rates unchanged between 4.25% and 4.5% for the fifth time in a row, amid mixed economic signals including moderated growth and soli...

Federal Reserve's Next Move: Powell Hints at Possible Rate Cut in September Amid Economic Uncertainty

Federal Reserve Chair Jerome Powell discusses the possibility of a key interest rate cut in September, citing upcoming employment and inflation data as critical factors. The curren...

Powell Stands Firm: Fed's Rate Decisions Unswayed by US Debt Cost Concerns

Federal Reserve Chair Jerome Powell dismisses concerns over interest rates impacting US debt costs, affirming the Fed's focus on employment and price stability, independent of poli...

Powell Uncertain on Future Fed Rate Decisions Amid Mixed Economic Signals

Federal Reserve Chair Jerome Powell discusses the uncertainty surrounding future interest rate decisions, emphasizing the Fed's reliance on government data and commitment to its in...

Federal Reserve Holds Steady: Treasury Yields Surge Amid Political Pressure

Following the Federal Reserve's decision to keep interest rates steady at 4.25%–4.5%, Treasury yields saw a significant increase. The 30-year, 10-year, and two-year notes all exper...

Stocks Dip as Fed's Powell Dampens September Rate Cut Expectations

U.S. stocks mostly closed lower after Fed Chair Jerome Powell hinted at no September rate cuts, with tech earnings and currency movements also in focus.

Federal Reserve's Stance on Interest Rates Sparks Market Downturn: Dow Plummets 360 Points

Federal Reserve Chair Jerome Powell's comments on no imminent interest rate cuts led to a market downturn, with the Dow dropping 360 points. Powell also discussed the impact of tar...

Hassett Predicts Fed Rate Cuts Amid Data Dependency and Global Trade Optimism

Kevin Hassett discusses the Federal Reserve's potential rate cuts based on data trends and expresses optimism about US trade negotiations with India, Canada, and China.

Bessent Predicts No Fed Rate Cut Today, Calls for More Creative Economic Strategies

US Treasury Secretary Bessent anticipates no rate cut by the Federal Reserve today, suggesting the Fed needs more creativity in its economic strategies. He and President Trump prai...

Fed Holds Steady: Interest Rates Unchanged Amid Trade War and Inflation Concerns

The Federal Reserve is anticipated to keep interest rates unchanged, amidst global trade uncertainties and inflation concerns. President Trump's calls for rate cuts contrast with r...

Federal Reserve's Secrecy Upheld: Court Denies Public Access to Critical Rate-Setting Meeting

A US court rejected a lawsuit seeking to make the Federal Reserve's rate-setting meeting public, highlighting tensions between the Trump administration and Fed Chairman Jerome Powe...