Economy Oct 28 WATCH: Warsh holds briefing after Fed leaves key interest rate unchanged By Christopher Rugaber, Associated Press
Economy Oct 27 5 things to watch for in this week's Federal Reserve meeting The Fed’s Oct. 27-28 meeting will be the fourth of Chairman Kevin Warsh’s tenure, which has been marked by questions regarding his independence from President Donald Trump, who appointed him earlier this year. By Chris Rugaber, Associated Press
Economy Oct 16 Fed chair Warsh says price stability is key but shies away from signals about rates Federal Reserve Chairman Kevin Warsh said Friday he won’t prejudge what the U.S. central bank will do about interest rates at its upcoming meetings in October and December. By Elaine Kurtenbach, Associated Press
Economy Oct 15 How much longer will consumers be willing to muscle through higher prices? High gas prices are intensifying inflation and vacuuming up more of Americans' dollars, yet consumers are still digging deep to spend, powering the economy, at least for now… By Christopher Rugaber, Associated Press
Education Oct 07 Student loan borrowers have more time to reduce interest rates. Here's what to know The original deadline was Sept. 30, but the U.S. Department of Education extended it to give borrowers more time to enroll. The rate reduction will last through June 2028. By Adriana Morga, Associated Press
Sep 16 Watch 6:54 Interest rate hike a 'reassuring' sign Fed is acting independently, economist says By Geoff Bennett, Courtney Norris 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… Continue watching
Sep 16 U.S. stocks slip after the Fed raises interest rates, hints more hikes may be on the way By Stan Choe, Associated Press 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. Continue reading
Sep 16 What the Fed rate hike likely means for you By Paul Wiseman, Associated Press Bad news for borrowers, good news for savers. Continue reading
Sep 16 Retail sales rise better-than-expected 1.2% in August By Anne D'Innocenzio, Associated Press The strong spending report comes as the Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation. Continue reading
Sep 15 WATCH: Warsh says 'inflation is too high' after Fed raises interest rate 1st time in 3 years By Christopher Rugaber, Associated Press 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. Continue reading