Trump Leaning Toward Warsh or Hassett for Fed Chair
Digest more
The Fed said it would begin making reserve management purchases last week. The move to load up Treasurys has important implications for markets.
The December Federal Reserve meeting may lead to lower mortgage rates, but it's not directly caused by the 25 basis point rate cut.
Federal Reserve governor Stephen Miran has said that “phantom inflation” is distorting the US central bank’s decision-making and causing it to keep interest rates too high.
The race to become the Federal Reserve’s next chair appeared almost over just a couple of weeks ago, but it’s now back to looking like a real competition.
By Michael S. Derby JERSEY CITY, New Jersey, Dec 15 (Reuters) - New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week was the right move and leaves it in a good position to deal with an economy that's on track to perform fairly well next year.
Federal Reserve Governor Stephen Miran again argued the central bank’s policy stance is unnecessarily restrictive on the economy, pointing to his benign outlook for inflation and warning signs in the labor market.
The monthly costs of a mortgage loan of this size are considerably lower than they were at the start of 2025.
By Michael S. Derby Dec 15 (Reuters) - Federal Reserve Bank of Boston President Susan Collins said Monday a changing inflation outlook tilted her toward supporting last week’s central bank interest rate cut.
The board of directors for the Federal Reserve Bank of Atlanta has launched a search for the regional bank’s next president, following news that President Raphael Bostic will retire at the end of February.
Mortgage rates have been largely unchanged.
Three members of the Federal Reserve's policy committee discussed interest rates on Friday, and fittingly, given the divisions on the committee, had three different views on where it should go.
(This December 13 story has been republished with no changes to the text.) By Jan Wolfe WASHINGTON, Dec 13 (Reuters) - The U.S. Supreme Court's conservative justices appear ready to endorse President Donald Trump's power to fire a regulatory agency official despite job protections given by Congress.