News

Powell warns ending Fed interest on reserves would be 'volatile' and costly
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Fed advances plan to ease bank leverage requirements
The Federal Reserve unveiled a proposal on Wednesday that would overhaul how much capital large global banks must hold ...
Congress Grills Powell Over The Fed's Reluctance To Cut Rates
The Fed remains in a holding pattern, keeping rates unchanged as inflation risks from tariffs and economic uncertainty ...
Divided Fed proposes rule to ease capital requirements for big Wall Street banks
The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate.
Powell calls reports of lavish Fed building renovations inaccurate
Federal Reserve Chair Jerome Powell on Wednesday pushed back against reports the central bank was spending money excessively ...
Fed’s Powell repeats warning about tariffs as some GOP senators accuse him of bias
Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up ...
Powell says tariff-driven inflation a big question for Fed
Federal Reserve Chair Jerome Powell said the US central bank is still struggling to determine the impact of tariffs on ...
Fed officials are starting to break rank and join Trump
Some Federal Reserve officials are joining President Donald Trump in calling for lower interest rates as soon as July.
NY Fed’s Williams Says Monetary Policy Is Still Well Placed
New York Fed President John Williams said the central bank’s interest-rate stance is “entirely appropriate” as uncertainty ...
Chicago Fed President Goolsbee meets with SC Johnson, MolsonCoors to gauge economy's health
Austan Goolsbee, president of the Federal Reserve Bank of Chicago, traveled to Wisconsin to meet with businesses to hear ...