Nation Jun 17 What Warsh's first meeting as Fed chair signals By Amna Nawaz, Azhar Merchant, Nana Adwoa Antwi-Boasiako
Economy Jun 17 WATCH: New Fed chair Kevin Warsh holds first news conference after leaving interest rate unchanged The Federal Reserve kept its key rate unchanged Wednesday yet almost half the central bank’s policymakers said they could support a rate hike later this year. By Christopher Rugaber, Associated Press
Economy Apr 28 WATCH: Powell says he plans to stay at Fed after chair term ends amid legal attacks by the Trump administration “I worry these attacks are battering this institution and putting at risk the things that really matter to the public,” Jerome Powell said in fairly candid remarks at a press conference after the Fed announced its decision to keep its… By Christopher Rugaber, Associated Press
Economy Apr 06 Top Fed official sees potential rate hike amid higher gas prices, inflation concerns A top Federal Reserve official said Monday that an interest rate hike could be appropriate if inflation remains persistently above the central bank's 2% target, the latest sign that some policymakers are moving away from a bias toward reducing borrowing costs. By Christopher Rugaber, Associated Press
Economy Mar 24 Chances of Fed cutting interest rates fade as inflation worsens With inflation measures likely to rise in the coming months, the prospect of interest rate cuts this year by the Federal Reserve is fading. By Christopher Rugaber, Associated Press
Mar 19 Average U.S. long-term mortgage rate rises to 6.22%, highest in more than 3 months By Alex Veiga, Associated Press When mortgage rates rise, they can add hundreds of dollars a month in costs for home shoppers, limiting what they can afford to buy. Continue reading
Mar 18 WATCH: Fed Chair Powell holds news briefing after interest rate left unchanged By Christopher Rugaber, Associated Press Federal Reserve officials expect the Iran war will worsen inflation this year while having little impact on growth, but they still expect to cut their key rate once in 2026. Continue reading
Feb 26 Average U.S. long-term mortgage rate dips below 6% for the first time since 2022 By Alex Veiga, Associated Press The benchmark 30-year fixed rate mortgage rate fell to 5.98% from 6.01% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.76%. Continue reading
Jan 30 Watch 6:34 What Trump's nomination of inflation hawk Kevin Warsh means for the Federal Reserve By Amna Nawaz, Diane Lincoln Estes President Trump announced Kevin Warsh as his pick to be the next chairman of the Federal Reserve. Warsh was an advisor to George W. Bush and served on the Federal Reserve’s Board of Governors from 2006 to 2011. If confirmed,… Continue watching
Jan 29 Trump says he'll announce Federal Reserve chair pick next week By Associated Press President Donald Trump said his pick will do a "good job" and that he wants the Fed to cut rates when there are signs of economic growth. Continue reading