Economy Dec 15 Fed will tighten credit faster and sees 3 rate hikes in 2022 amid inflationary pressure By Christopher Rugaber, Associated Press
Economy Sep 29 WATCH: Federal Reserve Chair defends Federal policies, says inflation may persist At a panel sponsored by the European Central Bank on Wednesday Powell said the Fed has avoided the mistake of underestimating the severity of pandemic's economic impact. But criticism of the Fed's policies has grown in recent months as inflation… By Christopher Rugaber, Associated Press
Economy Feb 23 Fed Chair Powell says recovery incomplete, higher inflation unlikely Federal Reserve Chair Jerome Powell underscored the U.S. economy's ongoing weakness Tuesday in remarks that suggested that the Fed sees no need to alter its ultra-low interest rate policies anytime soon. By Christopher Rugaber, Associated Press
Economy Mar 15 Fed takes emergency steps to slash rates and ease bank rules The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage point to nearly zero and announced it would purchase more Treasury securities to encourage lending to try to offset the impact of the… By Christopher Rugaber, Associated Press
Economy Jul 31 Watch 5:32 Why Trump attacked his Fed chair after 1st interest rate cut in years The Federal Reserve cut a key short-term interest rate for the first time in a decade, lowering the federal funds rate a quarter point. It had raised that rate, which reflects what banks charge each other for loans, in December.
Jul 10 Watch 5:20 News Wrap: Fed signals impending interest rate reduction In our news wrap Wednesday, the Federal Reserve gave its strongest signal yet that an interest rate cut is coming. Fed Chair Jerome Powell said growing economic "uncertainty" makes the case for a rate reduction, which would be the first… Continue watching
Dec 14 Watch 4:32 Raising interest rate, Fed sees stronger economy and faces uncertain policy By PBS NewsHour The Federal Reserve hiked a benchmark interest rate on Wednesday. Largely expected but only the second time since 2008, it was a big deal for Fed Chair Janet Yellen to make the announcement. Why now? Jeffrey Brown speaks with Diane… Continue watching
Jun 08 Column: What the U.S. dollar’s ups and downs mean for you By Vikram Mansharamani What forces are affecting the greenback — and more importantly, what do the moves mean for you?… Continue reading
May 20 Column: The world economy is running on monetary fumes By Benn Steil, Emma Smith Global growth is stalling, and central banks are running out of options. Continue reading
Mar 10 Here’s a finger-picking bluegrass song about the Fed’s plan for interest rates By Jon Shayne What do a fiddle, a barn dance and a bale of hay have to do with the Federal Reserve's interest rate policy? A whole lot, says Merle Hazard, who's written yet another finger-picking country song about the economy. Continue reading