Federal Reserve Governor Christopher Waller said Tuesday that the surge in long-term Treasury yields is already weighing on housing and other rate-sensitive businesses, providing some of the restraint policymakers otherwise seek through higher short-term interest...
Cleveland Federal Reserve President Beth Hammack said Monday that monetary policy needs to remain restrictive to bring inflation back to the central bank’s 2% target, arguing that smaller adjustments made relatively quickly may be preferable to waiting until larger...
St. Louis Federal Reserve President Alberto Musalem said Thursday that the central bank may need to raise interest rates further over the next six to nine months to return inflation to its 2% target, giving investors a more explicit sense of the period in which he...
Federal Reserve Governor Christopher Waller said Thursday he expects additional interest-rate increases if the economy continues to develop as anticipated, but argued the central bank can space those moves rather than raise rates at consecutive meetings. His remarks...
Most Federal Reserve policymakers expected another interest-rate increase would likely be warranted before the end of 2026, according to minutes released Wednesday from the central bank’s September 15–16 meeting. For an already strained housing market, the document...