Federal Reserve Chairman Jerome Powell confirmed that the central bank will cut rates, but stopped short of offering a possible timeline on when rates will come down. In prepared remarks delivered today before the U.S. House Financial Services Committee, Powell noted...
The head of the Federal Reserve Bank of Atlanta has credited the central bank’s rate policy for bringing down inflation, but he warned it was much too early to talk about cutting rates. In a speech delivered at New York University, Atlanta Fed President and CEO...
The Federal Reserve has decided to keep rates at their current rate of 5.25% to 5.5%. The central bank’s policy making Federal Open Market Committee stated that “economic activity has been expanding at a solid pace,” with strong job gains and low unemployment. And...
Atlanta Federal Reserve President and CEO Raphael Bostic predicted the central bank’s policymaking Federal Open Market Committee could begin to cut rates in the third quarter or even earlier. In prepared remarks published ahead of an appearance before an Atlanta...
Federal Reserve Governor Christopher Waller said the U.S. economy was “within striking distance” of the central bank’s goal of a 2% inflation rate, but he cautioned against pushing for interest rate cuts until a lower inflation environment was sustainable....
Freddie Mac Names Buyers for $428 Million in Delinquent Home Loans
