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Fed officials will use their meeting in ten days to prepare for a likely rate hike in March, a top Fed watcher said Friday. [Read More]
Federal Reserve officials will use their first meeting of 2022 in ten days to lay the groundwork for moving away from their very-easy money stance... [Read More]
New York Fed President John Williams said Friday he expects inflation to subside this year. [Read More]
Inflation will drop to around 2.5% this year, much closer to the Federal Reserve's longer-run target of 2%, said New York Fed President John Williams,... [Read More]
Industrial production fell 0.1% in December, the Federal Reserve reported Friday. [Read More]
Industrial production fell 0.1% in December, the Federal Reserve reported Friday. [Read More]
The numbers: Industrial production slipped 0.1% in December, the Federal Reserve reported Friday. The decline was below Wall Street expectations of a 0.2% gain, according... [Read More]
Outgoing Fed Vice Chairman Richard Clarida said Thursday that he thinks the surge of inflation last year will prove to be largely transitory. [Read More]
Outgoing Fed Vice Chair Richard Clarida, in what is likely his last comment in office on the economy, said Thursday that he still believes the... [Read More]
The high rate of inflation will cool this year, said Chicago Fed President Charles Evans. [Read More]
The Federal Reserve won't tell banks which sectors receive lending, said Fed Gov. Lael Brainard on Thursday. [Read More]
Federal Reserve Governor Lael Brainard denied Thursday that the ultimate goal of the central bank's focus on climate change risks for banks will end with... [Read More]
Federal Reserve Governor Lael Brainard denied Thursday that the ultimate goal of the central bank's focus on climate change risks for banks will end with... [Read More]
Federal Reserve Governor Lael Brainard denied Thursday that the ultimate goal of the central bank's focus on climate change risks for banks will end with... [Read More]
Initial jobless claims rose 23,000 to 230,000 in the week ended Jan. 8, the Labor Department said Thursday. [Read More]
Philadelphia Fed President Patrick Harker said Thursday he expects 'a fair amount of tightening in 2022.'... [Read More]
With U.S. inflation higher than desired and a very robust labor market, investors can expect "a fair amount of tightening in 2022," said Patrick Harker,... [Read More]
Businesses have been able to pass along price gains to their customers, according to the latest Fed Beige Book report released Wednesday. [Read More]
After years of having little-or-no pricing power, businesses were able to pass along price gains to customers in December, according to the latest Federal Reserve... [Read More]
Cleveland Fed President Loretta Mester on Wednesday said she would like the central bank to shrink its balance sheet quickly so that it comes down... [Read More]
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