Breaking News: Economy

Here's everything the Federal Reserve should be doing today

Here’s everything the Federal Reserve should be doing today

Construction workers outside the Marriner S. Eccles Federal Reserve Building, photographed Wednesday, July 27, 2022 in Washington, DC. Kent Nishimura | Los Angeles Times | Getty Images There’s not much mystery surrounding Wednesday’s Federal Reserve meeting, with markets widely expecting the central bank to approve its third consecutive three-quarter point interest rate hike. That doesn’t …

Here’s everything the Federal Reserve should be doing today Read More »

Fed should now keep raising rates, then hold them there, CNBC survey finds

Fed should now keep raising rates, then hold them there, CNBC survey finds

US Federal Reserve Chairman Jerome Powell gives a press briefing following the surprise announcement that the FED will cut interest rates on March 3, 2020 in Washington, DC. Eric Baradat | AFP | Getty Images Wall Street finally seems to be embracing the idea that the Federal Reserve will raise rates into restrictive territory and …

Fed should now keep raising rates, then hold them there, CNBC survey finds Read More »

Fed's Waller predicts 'significant' rate hike this month, backs data-dependent approach

Fed’s Waller predicts ‘significant’ rate hike this month, backs data-dependent approach

Christopher Waller, U.S. President Donald Trump’s nominee for Governor of the Federal Reserve, speaks during a Senate Banking Committee confirmation hearing in Washington, DC, U.S., Thursday, Feb. 13, 2020. Andre Harrer | Bloomberg | Getty Images On Friday, Federal Reserve Governor Christopher Waller echoed recent sentiments from his colleagues, saying he expects a big hike …

Fed’s Waller predicts ‘significant’ rate hike this month, backs data-dependent approach Read More »