News

The Federal Reserve Bank of Philadelphia appointed Anna Paulson, who currently serves as the Chicago Fed’s head of research, ...
the Fed can—and does—extend liquidity to financial institutions in the name of preventing bank runs and contagion to other ...
WASHINGTON, March 19 (Reuters) - U.S. central bankers on Wednesday signaled they are likely to deliver two quarter-point interest-rate cuts later this year, the same median forecast as three ...
The Fed will need to cut much more in order to offset these headwinds. We essentially project a return to normal for inflation in 2025, with inflation averaging 2.0% over 2025-29. Slowing economic ...
Fed officials project they’ll lower the federal funds rate by half a percentage point this year to a range of 3.75% to 4%, according to their median estimate. But the divide among policymakers ...
Along with its policy announcement, the Fed released updated economic forecasts in its Summary of Economic Projections (SEP), including its "dot plot," which maps out policymakers' expectations ...
This is in line with Fed officials' continued embrace of data dependence. Powell noted that 14 months ago, unemployment was at 3.5% compared to the 4.3% rate logged in July.
Fed officials now see inflation staying higher this year than previously estimated and economic growth going lower than prior predictions. Policymakers estimate that the core Personal Consumption ...
As was widely expected, the Fed kept the policy rate unchanged in the 4.25-4.50% range. Nine of the 19 Fed policymakers expect it to be in the 3.75%-4.00% range by the end of this year ...
WASHINGTON (Reuters) -U.S. central bankers on Wednesday signaled they are likely to deliver two quarter-point interest-rate cuts later this year, the same median forecast as three months ago, even as ...