Browsing: Fed

U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on “The Semiannual Monetary Policy Report to the Congress,” on Capitol Hill…

WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later…

Federal Reserve Chair Jerome PowellBloomberg News WASHINGTON — The Federal Reserve could continue shedding mortgage-backed securities even once it stops shrinking its balance sheet. During its meeting…

Total outstanding consumer debt stood at $5 trillion as of January, according to the Federal Reserve’s G.19 consumer credit report released on Friday. That is up slightly from…

The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation. Although inflation receded last month, an escalating…

Jerome Powell, chairman of the Federal Reserve.Al Drago/Bloomberg After a judge dismissed its lawsuit against the Federal Reserve, a Puerto Rican bank has pledged to appeal…

Senator Elizabeth Warren, D-Mass., is the ranking member on the Senate Banking Committee.Al Drago/Bloomberg It’s been two years since Silicon Valley Bank failed and at least…

Federal Reserve Board Gov. Michelle Bowman.Zach Gibson/Bloomberg One of the Federal Reserve Board’s biggest inflation hawks said factors other than price growth could soon play a…

Federal Reserve Chair Jerome Powell said the central bank is adopting a wait-and-see approach to assessing the impact of the Trump administration’s policy changes on trade,…

Jerome Powell, chairman of the US Federal Reserve, speaks during the University Of Chicago Booth School Of Business Monetary Policy Forum in New York, US, on…