News

The Bar for Near-Term Rate Cuts Is ‘A Little Higher,’ Fed’s Goolsbee Says
Federal Reserve Bank of Chicago President Austan Goolsbee said lower borrowing costs are still possible over the next 10 to ...
Fed Must Contain Long-Term Inflation Expectations, Musalem Says
Federal Reserve Bank of St. Louis President Alberto Musalem said officials are focused on keeping long-run inflation expectations stable as businesses and consumers anticipate prices to rise in the ...
Fed to Shrink Staff by About 10% Over Next Several Years
The Federal Reserve plans to shrink its system-wide workforce by about 10% over the next couple of years, mainly through ...
Supreme Court Shields Fed as It Lets Trump Fire Agency Leaders
The US Supreme Court shielded the Federal Reserve from Donald Trump’s push to fire top officials at independent federal ...
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Federal Reserve to reduce staff by 10%
The Federal Reserve system plans to reduce its staff count by 10% over the coming years, primarily through attrition, its ...
Fed’s Daly, Hammack 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 ...
Fed Must Be Steady Hand Amid Stock, Policy Moves, Goolsbee Says
Federal Reserve Bank of Chicago President Austan Goolsbee said that it’s important for central bankers not to respond to ...
Fed’s Musalem Says Tariffs Will Likely Weigh on Growth, Jobs
Federal Reserve Bank of St. Louis President Alberto Musalem said tariffs will likely weigh on the US economy and weaken the ...
US Initial Jobless Claims Decline to Lowest Level in Four Weeks
Applications for US unemployment benefits fell to a four-week low, adding to evidence that the job market remains healthy in ...
Fed Officials Signal Rates Likely to Stay on Hold Until at Least September
Two Federal Reserve officials, including New York Fed chief John Williams, suggested policymakers may not be ready to lower ...
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Traders See Fed Cutting Rates Just Twice in 2025 on Cooling Trade War
(Bloomberg) -- Traders lowered their bets on the Federal Reserve’s interest-rate cuts this year, pricing in just two ...