Senator Warren blasts Fed’s Jerome Powell on banks, rates
Sen. Elizabeth Warren has made it clear she is not a fan of Federal Reserve Chair Jerome Powell, and took a few more swipes at him Friday over banks and interest rate hikes.
Fed's Powell warns banking crisis could tighten lending, slow US economy
Recent turmoil within the banking sector will further tighten credit for U.S. households, weighing down the U.S. economy amid already slowing growth.
Fed's Powell: Silicon Valley Bank management 'failed badly'
Federal Reserve Chairman Jerome Powell said Wednesday the management of Silicon Valley Bank "failed badly" by exposing the firm to substantial risks from its bond holdings and deposit base.
Fed raises interest rates a quarter point despite recent banking turmoil
The Fed is trying to balance its fight against inflation with a new crisis in the financial sector triggered by the collapse of Silicon Valley Bank earlier this month.
A tick-tock of the US banking crisis
The Federal Reserve’s interest rate hike strategy has inadvertently caused a banking crisis as elevated interest rates slow bank loans.
Ted Cruz introduces bill blocking Fed from adopting central bank digital currency
Senator Ted Cruz introduced legislation banning the Federal Reserve from moving forward with a central bank digital currency that would be available for use by consumers.
Fed officials meet in shadow of banking crisis, high inflation
Turmoil within the banking sector has upended expectations for the Federal Reserve's rate-hike decision Wednesday as officials continue to grapple with high inflation.
One year into its inflation fight, the Fed faces a murky future
The Fed began raising interest rates one year ago. Where it goes from here remains murky as it continues to confront high inflation and bank sector turmoil.
Bank turmoil raises investor bets on big Fed rate cuts this year
The odds that the Federal Reserve cuts interest rates in May by a quarter-percentage point jumped in the wake of multiple crises within the banking sector.
The FDIC and your bank deposits: What to know
After the FDIC seized Silicon Valley Bank, some customers knew their money was insured, others were left hanging until regulators stepped in.
Wholesale inflation unexpectedly falls 0.1% in February
The price producer index unexpectedly dropped in February, evidence that high inflation is beginning to ease, the Labor Department reported on Wednesday.
Inflation rose 0.4% in February as prices remain stubbornly high
Inflation rose in line with expectations in February as price pressures in the economy remain uncomfortably high, according to CPI data released Tuesday.
February inflation report likely to show consumer prices remain elevated
The consumer price index likely remained stubbornly high in February as inflation continues to inflict financial pain on millions of American households.
SVB failure throws Fed rate-hike decision next week into uncertainty
Fallout from the Silicon Valley Bank collapse last week could affect the Federal Reserve's interest-rate hike decision at its two-day meeting next week.
US job growth surges again in February as economy adds 311,000 new positions
The February payroll report released Friday provided a key snapshot of the labor market's health amid the Fed's aggressive interest rate-hike campaign.
High-stakes February jobs report expected to show hiring cooled off
The Labor Department's February payroll report will shed light on the health of the labor market amid steeper interest rates when it is released on Friday.
Treasury bond yield inversion signals economic pain
The inversion of the bond yield curve deepened to its widest spread for two- and 10-year Treasurys since 1981 as Fed Chair Jerome Powell testified before Congress.
Steeper Fed rate hike back on table after Powell's hawkish testimony
Bets are climbing that the Federal Reserve raises interest rates by a half-percentage point later this month in the face of stubbornly high inflation.
LARRY KUDLOW: Powell and Biden are getting ready to slaughter the small business sector
FOX Business host Larry Kudlow explains why President Biden's decision to increase interest rates will have a negative impact on the economy, small businesses and inflation.
Fed's Jerome Powell, Sen. Elizabeth Warren clash in tense exchange over rate hikes
Federal Reserve Chair Jerome Powell fired back at Sen. Elizabeth Warren in a tense exchange Tuesday over the potential impact of the central bank's interest rate hikes.