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Federal reserve

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Fed Reserve Chairman Kevin Warsh holds a press conference in Washington

Economy Sep 20

Federal Reserve rate hike reflects new world of sticky inflation and faster growth

By Christopher Rugaber, Associated Press

Economy Sep 16

rates
Watch 6:54
Interest rate hike a 'reassuring' sign Fed is acting independently, economist says

The Federal Reserve raised interest rates by a quarter of a point, the first hike in three years. It comes as the war in Iran continues to put pressure on prices and is the first major move by Fed Chair…

By Geoff Bennett, Courtney Norris

Economy Sep 16

A screen displays stock market information after the opening bell at the New York Stock Exchange (NYSE) in New York City
U.S. stocks slip after the Fed raises interest rates, hints more hikes may be on the way

U.S. stocks slipped Wednesday after the Federal Reserve hiked its main interest rate for the first time in three years and suggested more may be ahead as it tries to get the nation’s high inflation under control.

By Stan Choe, Associated Press

Economy Sep 16

Fed Reserve Chairman Kevin Warsh holds a press conference in Washington
What the Fed rate hike likely means for you

Bad news for borrowers, good news for savers.

By Paul Wiseman, Associated Press

Economy Sep 15

Fed Reserve Chairman Kevin Warsh holds a press conference in Washington
WATCH: Warsh says 'inflation is too high' after Fed raises interest rate 1st time in 3 years

The quarter-point increase lifts the Fed’s key rate to about 3.9% and, over time, could result in higher borrowing costs for mortgages, auto loans, and credit cards.

By Christopher Rugaber, Associated Press

Sep 07

Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him

By Josh Boak, Associated Press

President Donald Trump has spent 20 months promising that America was on the cusp of an economic boom. But Friday's surprisingly positive jobs report ultimately provoked frustration from Trump.

Continue reading

Sep 03

Fed governor Waller muddies outlook on possible rate hike later this month

By Christopher Rugaber, Associated Press

Federal Reserve governor Christopher Waller said Thursday that an inflation report next week will largely determine whether he supports an interest rate hike later this month or not.

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Aug 31

WATCH: Trump says Fed Chair Warsh will 'do what he has to do' on possible rate hikes

By Associated Press

Trump suggested he’s not necessarily opposed to Federal Reserve Chair Kevin Warsh raising interest rates because of inflationary pressures, but he said that he thinks interest rates are “too high.”…

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Aug 29

Warsh raises stakes for Fed's next meeting, and other takeaways from Jackson Hole conference

By Christopher Rugaber, Associated Press

Warsh's high-profile speech at the Fed's annual Jackson Hole economic conference was mostly praised afterward by economists and other Fed policymakers in attendance. Still, there was also some pushback and criticism during the first day of the conference.

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Aug 28

Watch 6:11
Fed Chair Warsh not ruling out interest rate hike amid inflation concerns

By Amna Nawaz, Karina Cuevas, Amalia Huot-Marchand

Federal Reserve Chair Kevin Warsh said there is still work to do on inflation. At the Fed’s annual economic symposium in Jackson Hole, Wyoming, Warsh also said that although he is not committed to a rate hike, he is not…

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