Fed, interest rates
Digest more
White House, Fed and Kevin Hassett
Digest more
Fed, Trump and New York
Digest more
Federal Reserve governor Stephen Miran dialed back his calls for how deeply the Fed should cut rates this year, telling an interviewer that recent data have reflected a stronger economy than he had expected.
Minneapolis Fed president Neel Kashkari said Thursday he thinks the central bank is “pretty close” to neutral on the level of its benchmark policy rate, implying there may be little room left to cut rates.
Feb 19 () - San Francisco Federal Reserve President Mary Daly on Thursday said that with the labor market in a better place because of the Fed's rate cuts last year, and with inflation expected to resume its decline as the impact of tariffs rolls off,
The recent inflation and jobs data were supposed to bridge the gap for the Fed over the direction of interest rates. But the timing and amount of rate cuts still remains cloudy. CNBC's Steve Liesman joins 'Squawk Box' with more.
“Something like this is extremely rare in foreign exchange markets," ING says.
13hon MSN
Fed's Kashkari: Hassett comments about Fed researchers represent another attack on independence
WASHINGTON, Feb 19 (Reuters) - The call by a top Trump administration official for New York Federal Reserve staff to "be disciplined" for recent research on tariffs was just the latest move by the administration to undermine the independence of the central bank,
The Philadelphia Fed Manufacturing Index strengthened to 16.3 in February, topping the 7.5 consensus, and up from 12.6 prior, according to data released by the Federal Reserve Bank of Philadelphia on Thursday.
The US Fed's January meeting minutes hint at potential rate hikes if inflation persists, raising concerns for emerging markets. Experts weigh in on the implications for the dollar, global capital flows.