The central bankers discussed the need to slow rate increases soon at their last meeting, while signaling that they are likely to raise borrowing costs higher.Federal Reserve officials agreed at their November meeting that it would soon be appropriate to slow…
Americans are extremely attuned to the cost of living, and as midterm election voters head to the polls, they are divided over whom to blame.Inflation has roared back onto the scene as a key issue ahead of the 2022 midterm elections,…
The Federal Reserve chair is eyeing near-term inflation expectations, which might shape wages — and help keep prices rising rapidly.Amitis Oskoui, a consultant who works mostly with nonprofits and philanthropies, has not had a wage increase since inflation began to noticeably…
The Federal Reserve has now raised interest rates six times this year as it tries to quash the fastest inflation in four decades.Federal Reserve officials made their fourth supersize interest rate increase in a row on Wednesday and signaled that they…
The central bank is expected to raise rates three-quarters of a point today, but what it says about its next steps will be even more important.The Federal Reserve is expected to continue its fight against the fastest inflation in 40 years…
Jerome H. Powell, who is well liked across the political spectrum, is presiding over the fastest interest rate increases in generations, with another one expected this week.Jerome H. Powell has for years enjoyed something rare in a politically divided Washington: widespread…
James Bullard, who leads the Federal Reserve Bank of St. Louis, appeared at a Citigroup forum last week in Washington. Reporters were not invited.James Bullard, the president of the Federal Reserve Bank of St. Louis, spoke last Friday at an off-the-record,…
Federal Reserve officials are barreling toward another three-quarter-point increase in November, and they may decide to do more next year.Federal Reserve officials have coalesced around a plan to raise interest rates by three-quarters of a point next month as policymakers grow…
Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, reported on Friday that he had failed to previously disclose financial transactions on his official central bank forms — including ones that ran afoul of Fed rules that limit trading…
