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Federal Reserve Bank

Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation

by Walter Watson
Fed Chair Powell says there has been a ‘lack of further progress’ this year on inflation

Federal Reserve Chair Jerome Powell speaks during a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy at the Federal Reserve in …

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Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead

by Walter Watson
Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead

JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill …

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Wednesday’s report expected to show little progress against inflation

by Walter Watson
Wednesday’s report expected to show little progress against inflation

Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois.  Scott Olson | Getty Images A closely watched Labor Department report due Wednesday is expected …

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Gold prices look ‘very vulnerable’ to a setback, veteran advisor says

by Walter Watson
Gold prices look ‘very vulnerable’ to a setback, veteran advisor says

Gold prices on Monday extended their record-breaking run, notching another all-time high amid robust U.S. economic data and elevated geopolitical tensions. Spot gold prices stood mixed to trade at $2,327 …

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Fed Governor Bowman says additional rate hike could be needed if inflation stays high

by Walter Watson
Fed Governor Bowman says additional rate hike could be needed if inflation stays high

US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019.  Eric Baradat | AFP | Getty Images …

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Fed caution may be justified if the labor market starts to deteriorate

by Walter Watson
Fed caution may be justified if the labor market starts to deteriorate

March’s robust job gains may push the Federal Reserve into a more cautious stance regarding potential rate cuts, with conflicting signs emerging about the labor market’s strength. After the Labor …

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Fed officials still expects rate cuts this year, but not anytime soon

by Walter Watson
Fed officials still expects rate cuts this year, but not anytime soon

Cleveland Federal Reserve President Loretta Mester said Tuesday she still expects interest rate cuts this year, but ruled out the next policy meeting in May. Mester also indicated that the …

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Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer

by Walter Watson
Fed must cut rates more aggressively due to jobs: Canaccord Tony Dwyer

The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will …

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Don’t sweat the prospect of no Fed rate cuts, economist says

by Walter Watson
Don’t sweat the prospect of no Fed rate cuts, economist says

Federal Reserve Bank Chair Jerome Powell speaks during a news conference at the bank’s William McChesney Martin building on March 20, 2024 in Washington, DC. Chip Somodevilla | Getty Images …

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Vanguard doesn’t believe the Fed will cut interest rates this year

by Walter Watson
Vanguard doesn’t believe the Fed will cut interest rates this year

Vanguard doesn’t expect the Federal Reserve to cut interest rates this year, defying the view from Fed officials that the central bank remains on track to reduce rates three times …

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