Federal Reserve Bank

Fed Governor Bowman says additional rate hike could be needed if inflation stays high

Business
Jessica Roberts

“While it is not my baseline outlook, I continue to see the risk that at a future meeting we may need to ...

Time running out for rate cuts, Jim Bianco warns before Fed meeting

Business
Jessica Roberts

“I’m in the camp that the Fed does not change policy in the summer of an election year,” the Bianco Research president ...

CPI inflation report February 2024:

Business
Jessica Roberts

Inflation rose again in February, keeping the Federal Reserve on course to wait at least until the summer before starting to lower ...

Powell says Fed is ‘not far’ from the point of cutting interest rates

Business
Jessica Roberts

Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Semiannual Monetary Policy Report ...

Federal Reserve’s preferred inflation gauge picked up last month in sign of still-elevated prices

Politics
Amanda Smith

WASHINGTON (AP) — An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. ...

10-year Treasury yield slip further after Fed’s ‘big shift’

Business
Jessica Roberts

The 10-year Treasury note yield slipped further on Monday, as the final full trading week of 2023 gets underway. Traders continue to ...

Why Upstart Stock Blasted 20% Higher Today

Business
Jessica Roberts

A consumer at a banker’s desk applying for a loan Shares of Upstart Holdings (NASDAQ: UPST) charged sharply on Wednesday, climbing as ...