Bloomberg Retracts Incorrect Story on Fed’s Climate Program
Six major U.S. banks won't be required to make submissions for the Fed's Climate Scenario Analysis Exercise because that program's been shut down, sources say.
The Fed is likely to hold interest rates steady as Trump calls for cuts
This story incorporates reporting from ABC, Bloomberg L.P. and The Mountaineer.The Federal Reserve is anticipated to sustain its current interest rates, putting it potentially at odds with President ...
Here Are the Key Takeaways From Powell’s Testimony in Senate
Here are the key takeaways from Federal Reserve Chair Jerome Powell’s testimony before the Senate Banking Committee in ...
Fed’s Williams Says Inflation on Track to 2% But Will Take Time
Federal Reserve Bank of New York President John Williams said he anticipates inflation will continue to slow toward the ...
Bond Market Inflation Gauge Pressured Over Trump Tariff Turmoil
Bond investors are betting that the Federal Reserve will have to contend with rising prices once again, and soon, in the wake of President Donald Trump’s plan to slap tariffs on trading partners and ...
EM Currencies Slip as Trump’s Metal Tariffs Hurt Sentiment
Emerging market currencies slipped as US president Donald Trump targeted the metals industry in his latest tariff salvo, ...
Trump Says Fed Made the Right Call Last Week to Pause Rate Cuts
US President Donald Trump said the Federal Reserve was right to pause its rate-cutting path in its decision last week, a break from his penchant for calling for lower rates.
Fed’s Kugler Watchful for Inflation Progress, Policy Uncertainty
Federal Reserve Governor Adriana Kugler said inflation has fallen significantly, but warned recent progress has been slow and that considerable uncertainty remains.