News

Federal Reserve official sees signs of slowing economy but not ready to cut rates
A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused ...
Will the Fed step in if America’s labor market cracks from Trump’s tariffs?
President Donald Trump’s volatile trade war threatens both higher inflation and rising unemployment, forcing the Federal Reserve to make the difficult choice of addressing just one of those problems ...
Federal Reserve leaves key rate unchanged as it sees risk of higher prices, higher unemployment
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump's demands to lower ...
Understanding Jerome Powell's Role: How the Fed Chair's Influence Affects You
The Fed Chair leads the Federal Reserve’s Board of Governors and chairs the Federal Open Market Committee, setting the course ...
Lane Report7d
Federal Reserve Bank of St. Louis President Alberto Musalem visits Paducah
Greater Paducah Economic Development (GPED) was honored to co-host Federal Reserve Bank of St. Louis President Alberto Musalem during his recent visit to Western Kentucky.
US Supreme Court resolves pay fight in favor of federal workers who also are military reservists
The U.S. Supreme Court said that federal employees who also are in the military reserve must be paid the equivalent of their ...
Federal Reserve blows $2.5B on ‘Palace of Versailles’ HQ despite mounting losses: ‘Congress must put its foot down’
The Federal Reserve is pushing ahead with an eye-watering $2.5 billion revamp of its Washington, DC HQ despite mounting ...
The Hill14d
Consumer sentiment falls to lowest level since postpandemic inflation peak
The Federal Reserve expects inflation to top out at 2.7 percent this year and to subside to 2.2 percent next year. Inflation is currently at a 2.5 percent annual increase, as measured by the Commerce ...