Fed officials signal rates may need to go higher to fight inflation
Two Federal Reserve officials suggested Friday that interest rates may need to go higher amid signs of underlying inflationary pressures in the economy.
A Fed pause likely won’t help struggling consumers
While investors are optimistic the Federal Reserve will pause interest rates this month, the move is unlikely to bring relief to stretched consumers holding credit card debt and variable rate loans.
Fed pauses rate hikes for first time in 15 months but hints at future increases
The Federal Reserve paused its 15-month interest rate hike campaign on Wednesday after government data pointed to a sharp slowdown in inflation last month.
Fed likely to skip interest rate hike for first time in 15 months
The Federal Reserve will likely pause its 15-month interest rate hike campaign Wednesday after government data pointed to a sharp slowdown in inflation.
Fed expected to pause 15-month rate hike campaign this week, survey shows
Economists expect the Federal Reserve to pause interest rate increases during its June meeting, but they are divided over the possibility of future hikes.
Federal Reserve Bank of Cleveland President sees no 'compelling' reason to pause rate hikes: report
Federal Reserve Bank of Cleveland president, Loretta Mester said in an interview with the Financial Times that she sees no "compelling" reason to pause rate hikes.
Another Fed rate hike could be in play during June meeting
The Federal Reserve may hike interest rates for the 11th straight time in June amid signs of stubbornly high inflation, according to Wall Street traders.
Fed officials divided over additional interest rate hikes, meeting minutes show
Federal Reserve officials are split over whether to pause their aggressive interest-rate hike campaign at the June policy-setting meeting, minutes showed.
Fed presidents signal more interest rate hikes needed to cool inflation
Several Federal Reserve officials signaled this week they could support an interest rate hike in June amid signs that inflation still remains too high.
Minneapolis Fed chief Kashkari open to pause in interest-rate hikes amid inflation fight
Minneapolis Federal Reserve President Neel Kashkari told the Wall Street Journal that he is open to a pause on interest rate hikes amid ongoing economic uncertainty.
Powell signals Fed may take its foot off the gas on rate hikes following banking turmoil
Federal Reserve Chairman Jerome Powell said Friday that tighter credit conditions resulting from the recent regional banking crisis may cause the central bank to ease off rate hikes.
Dallas Fed president says data does not justify June rate-hike pause yet
Dallas Federal Reserve President Lorie Logan said Thursday that economic data doesn't justify pausing interest rate hikes at the central bank's June meeting.
April inflation breakdown: Where are prices rising the fastest?
Inflation continued to financially burden millions of U.S. households in April as the cost of things like gasoline, used cars and rent marched higher.
Inflation jumped 0.4% in April as prices remain stubbornly high
The Labor Department said the consumer price index showed that inflation cooled last month, but that underlying price pressures remained stubbornly high.
April inflation report likely to show prices are moderating at 'snail's pace'
Inflation likely remained stubbornly high in April as price pressures continue to squeeze household budgets despite Federal Reserve interest rate hikes.
Fed's Williams warns inflation still too high, will 'take time' to return to 2%
New York Federal Reserve President John Williams said that credit conditions will play a key role in his decision-making for future interest rate hikes.
Americans lack confidence in Biden, Powell, Yellen on the economy, Gallup poll shows
Americans lack confidence in President Biden, Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen on matters related to the economy.
Fed survey signals looming credit crunch after rate hikes, banking turmoil
A new Federal Reserve survey released on Monday shows that a growing number of banks are tightening their lending standards amid higher interest rates.
Americans bracing for higher inflation in the long term, NY Fed survey shows
A New York Federal Reserve survey released Monday shows consumers are bracing for inflation to remain above the central bank's 2% target in the long term.
Silver lining of higher interest rates: Savings account rates
High-yield savings accounts are offering attractive returns to some savers after the Federal Reserve hiked interest rates to the highest level in 16 years.