News

Harker Urges Fed to Wait for More Clarity Before Adjusting Rates
Federal Reserve Bank of Philadelphia President Patrick Harker said there’s a potential path to lowering rates in the second ...
Fed likely to leave rates unchanged as US job market cools but doesn't crumble
Federal Reserve policymakers have already signaled they are in no rush to cut interest rates, and a government report on ...
Tariffs' Toll on Jobs Is Limited So Far, Giving the Fed a Break
The U.S. labor market remained on firm footing in May—even as concerns mounted that higher tariffs would prompt employers to ...
Solid Report Bolsters Fed’s Patient Approach to Interest Rate Cuts
A solid jobs report in May has reinforced the Federal Reserve’s stance that it can take its time before restarting interest ...
Healthy US employment data keeps Fed on hold for the summer
The US economy gained 139,000 non-farm jobs in May, although gains for March and April were revised down by a combined 95,000 ...
Businesses Expect to Pass Along 50% of Tariffs, Fed Survey Finds
Business expect to pass through roughly half of tariff-related expenses to US consumers still reeling from the pandemic-era ...
Chicago Fed chief: Iowa, with its manufacturing and ag jobs, highly affected by tariffs
The head of the Chicago Federal Reserve says tariffs cast uncertainty over Iowa's economy due to its reliance on agriculture ...
Bowman's goal as new top Fed banking cop: Make US lenders 'safe to fail'
The Federal Reserve’s new top banking cop Michelle Bowman said Friday she wants to revisit bank regulations made in the wake ...