WSJ News Exclusive | Janet Yellen Dismisses Minting $1 Trillion Coin to Avoid Default
Treasury Secretary says the Federal Reserve likely wouldn’t accept a platinum coin if one were minted in an effort to...
Central Bank Intervention
Fed’s Barkin and George Say Inflation Fight Isn’t Over Despite Promising Signs
Inflation readings have been encouraging recently, but the Fed’s fight against rising prices isn’t over, the leaders of the Richmond...
U.K. Treasury Chief Jeremy Hunt Looks to Reassure Markets With New Tax Plan
LONDON—New U.K. Chancellor Jeremy Hunt will make a statement later Monday, unveiling new public spending and tax policies as he...
Fed’s Lael Brainard Warns on Inflation, Financial Stability Risks
A senior Federal Reserve official warned of the risks that additional inflationary shocks could lead the central bank to raise...
World’s Central Banks Race to Raise Rates After Fed Increase
LONDON—Central banks around the world moved Thursday to combat the effects of a soaring dollar and rising inflation, joining the...
Dollar’s Rise Spells Trouble for Global Economies
The U.S. dollar is experiencing a once-in-a-generation rally. For the rest of the world, that is a big problem.The dollar’s...
New Dallas Fed Chief Puts Inflation Fight on Front Burner
Lorie Logan in her first comments as leader of the Federal Reserve Bank of Dallas on Wednesday said she agreed...
Fed Likely to Want Further Evidence of Inflation Slowdown
A slowdown in inflation last month, following recent indications of a robust labor market, complicates the Federal Reserve’s decision on...
Bank of England Makes Biggest Rate Rise Since 1995 as Inflation Soars
LONDON—The Bank of England raised its key interest rate by a half percentage point Thursday, the largest single step in...
Economy Week Ahead: U.S. Growth, Interest Rates and Wages in Focus
Tuesday The S&P CoreLogic Case-Shiller National Home Price Index, which measures average home prices in major metropolitan areas, will show...
Bank of Canada’s Beaudry: Policy Rate Might Be Headed Toward 3% or Above
OTTAWA—The rapid acceleration in prices has increased the likelihood the Bank of Canada may need to double its policy interest...
Fed Official Supports Raising Interest Rates at Fast Clip ‘for Several Meetings’
A Federal Reserve official said Monday he would support raising interest rates in half-percentage-point increments for several more meetings, adding...
Digital Dollar Could Coexist With Stablecoins, Fed Vice Chairwoman Says
WASHINGTON—A U.S. central bank digital currency could one day provide consumers with a level of safety amid a proliferation of...
Global Growth Ebbs in Face of Ukraine War, China Slowdown
FRANKFURT—Economic growth is slowing in large parts of the globe as businesses struggle to navigate the effects of Russia’s invasion...
Fed Officials Debated Inflation Concerns, Taper Pace at November Meeting
Federal Reserve officials expressed greater concern at their meeting earlier this month about how long inflation would stay elevated and...
Powell Says Fed Could Start Scaling Back Stimulus This Year
Federal Reserve Chairman Jerome Powell reaffirmed the central bank’s emerging plan to begin reversing its easy-money policies later this year...
Range of Fed Officials Say Time for Bond-Buying Taper Is Near
Several Federal Reserve officials said Friday the time is likely to arrive soon when the U.S. central bank will be...
Fed Launches Standing Repo Facility to Boost Market Liquidity
The Federal Reserve is launching new facilities designed to provide liquidity to big Wall Street banks and foreign institutions like...
