News

Don’t Expect Interest-Rate Cuts or Recession, Fed Presidents Warn
The three presidents all emphasized the limits of backward-looking data and the growing importance of anecdotal intelligence.
Central Banking1d
Tariffs not the only policy causing uncertainty – Fed presidents
US Federal Reserve officials this week reiterated the inflationary and economic risks of president Donald Trump’s policies, ...
InvestmentNews8d
No need for rate cuts now, says Fed's Daly
The Fed decision to stand pat looked wise after the US and China announced early this week they would temporarily lower ...
Crain's Cleveland Business2d
Fed's Hammack, Daly stress wait-and-see policy approach
Two Federal Reserve officials underscored the US central bank can be patient and assess incoming data before adjusting policy ...
Federal Reserve Will Cut Staff By 10%
The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a ...
Federal Reserve Plans to Reduce Staff by 10%
The Federal Reserve is planning to reduce staffing by 10% in the years ahead, Chair Jerome Powell said in a memo to employees seen by The Wall Street Journal.
Federal Reserve official sees signs of slowing economy but not ready to cut rates
WASHINGTON (AP) — A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump's ...
manilatimes1mon
Fed rate cuts may need to wait
San Francisco Federal Reserve President Mary Daly said on Friday that while she was still comfortable with a couple of interest rate cuts this year, rising risks of inflation mean the central bank may ...