Boston Fed President: Inflation Remains Too High
The president of the Federal Reserve Bank of Boston believes that inflation still remains too high and that policymakers are keeping an eye on price stability.
Q&A: Atlanta Fed President Sees Rates Staying Higher for Longer
Raphael Bostic, president of the Federal Reserve Bank of Atlanta and a member of the Fed’s interest rate policy committee, doesn’t think another hike is needed. But he’s watching how the current high interest rates are working their way through the economy.
Fed’s Powell Tells Congress More Rate Hikes Likely This Year
With inflation in the United States still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chair Jerome Powell told a House committee Wednesday.
Rising Turmoil Makes Fed’s Rate Decisions More Perilous
Poised to raise interest rates Wednesday for a 10th time, Federal Reserve officials are facing two competing economic trends that could make their future rate decisions more difficult and treacherous.
Fed Raises Rates by Quarter-Point, More Hikes to Come
The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate by a quarter-point, its eighth hike since March. The Fed signaled that even though inflation is easing, it remains high enough to require further rate hikes.
Key Issue as Fed Meets Today: When to Slow Rate Hikes?
Fed officials will likely engage in a fraught debate over whether it may soon be time to slow its rate hikes, which are intended to cool the worst inflation in four decades but are also raising the risk of a recession.
Powell: Inflation Fight May Cause Recession
Intensifying its fight against chronically high inflation, the Federal Reserve raised its key interest rate Wednesday by a substantial three-quarters of a point for a third straight time, an aggressive pace that is heightening the risk of an eventual recession.
Fed Set to Impose Another Big Rate Hike to Fight Inflation
Conflicting signs about the health of the U.S. economy have thrust the Federal Reserve into a difficult spot as its interest rate-setting committee begins its latest meeting.
Yellen: I’m Not Predicting Fed Rate Increases
Treasury Secretary Janet Yellen walked back comments on Tuesday that the Federal Reserve may have to increase rates to deal with inflation.
