MyNorthwest.com13d
Text of the policy statement the Federal Reserve released Wednesday
Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: Recent indicators ...
Bloomberg L.P.8d
New York Fed’s Tweak to Key Repo Facility Hampered by Its Design
The Federal Reserve Bank of New York’s plan to conduct additional liquidity operations through the end of the year will provide needed support at a time when funding markets tend to be volatile ...
New York State Factory Activity Gauge Falls Most Since May 2023
A measure of New York state factory activity retreated by the most since May 2023 after surging last month to an almost three ...
Fed cuts rates by quarter point, scales back cuts for 2025
The Federal Reserve reduced interest rates by a quarter percentage point Wednesday and scaled back the number of cuts it ...
Bloomberg L.P.15d
New York State Factory Activity Gauge Falls Most Since May 2023
A measure of New York state factory activity retreated by ... year high following the election of Donald Trump. The Federal Reserve Bank of New York’s December manufacturing index slid 31 ...
Wall Street Journal29d
New York Fed’s Williams Says Rate-Cut Timing Will Depend on Data
Federal Reserve Bank of New York President John Williams said Monday more interest-rate cuts will be needed, but that the right timing would depend on upcoming data. Speaking at the Queens Chamber ...
CNN12d
Dow plunges by more than 1,100 points after Fed projects fewer rate cuts next year
From CNN's Lucy Bayly and John Towfighi The Dow fell by 1,123 points Wednesday, ending the day 2.58% lower after the Federal Reserve indicated in a policy statement that it is ... Fed Chair Jerome ...
Stunning new data shows voters were right to question Biden-Harris job numbers
The White House and others kept pointing to jobs figures as proof of the Biden-Harris administration’s economic success. But ...
Fed expected to cut rates again — but what happens next is anyone's guess
The Federal Reserve is expected to announce another quarter-point cut to its key interest rate Wednesday, an effort to boost ...
American Banker13d
Politics, history, hubris: why agency consolidation isn't easy
Proposals to streamline U.S. banking regulators have resurfaced with the Trump administration's focus on efficiency, but ...
MyNorthwest.com11d
Federal Reserve’s preferred inflation gauge shows price pressures eased last month
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures ...
The New York Times28d
Fed Chair Powell Acknowledges Inflation Is a ‘Little Higher’ Than Expected
transcript Speaking at The New York Times DealBook Summit, the chair of the Federal Reserve, Jerome H. Powell, said there was strong bipartisan support on Capitol Hill for the central bank’s ...