Browsing: Feds

Cleveland Federal Reserve President Beth Hammack said Friday she would be hesitant about lowering interest rates as long as inflation remains a threat.In a CNBC interview,…

Kansas City Federal Reserve President Jeffrey Schmid expressed doubt about lowering interest rates in September, saying policymakers still have more work to do on inflation.Speaking to…

President Trump is demanding the resignation of Federal Reserve Governor Lisa Cook after his housing chief accused her of lying on mortgage applications. The allegations, if…

More than four years after the Paycheck Protection Program, or PPP, stopped accepting applications, the U.S. federal government is still combating fraud that exploited the emergency…

A Federal Reserve official emphasized the importance of the central bank’s independence, warning that interference could lead to higher inflation.Federal Reserve Bank of Chicago President Austan…

Meeting date Rate change Target & target range Sept. 18, 2007 -50 basis points 4.75 percent Oct. 30-31, 2007 -25 basis points 4.5 percent Dec. 11,…

Adriana Kugler, member of the Federal Reserve Board of Governors. Al Drago/Bloomberg The Federal Reserve Board will have its first vacancy of President Donald Trump’s second…

Buy now/pay later products could have similar pitfalls to payday lenders and other predatory financial services, according to the Federal Reserve’s former top regulator.Speaking at a…

There are many, many different scenarios…where inflation does or doesn’t prove out to be at the levels we think, where the labor market does or doesn’t…

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in…