Fed's Schmid says central bank 'near' neutral interest rate level
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
Fed’s Collins says her concerns about labor-market fragility have decreased
The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, ...
Schmid Wants to Further Reduce Fed’s Balance Sheet
Kansas City Fed President Jeff Schmid said Thursday that he wants to continue to shrink the central bank’s footprint in ...
Fed finds new reason for confidence in obscure inflation gauge
Top Federal Reserve officials — including Chair Jerome Powell — are increasingly pointing to an obscure price gauge as a ...
U.S. households are piling on record credit card debt, says Fed report
But Americans' kitchen table finances are also in a precarious place, with credit card balances reaching a new high. The news ...
Fed minutes show Wall Street pushed back expected end of balance sheet drawdown
Banks told the Fed ahead of the December policy meeting that they saw this process ending in June of this year.
Fed’s Harker Sees Solid Economy Today, Little Certainty Tomorrow
Federal Reserve Bank of Philadelphia President Patrick Harker remains confident in inflation’s meandering path toward a 2% ...