Fed Raises Rates by 0.75 Percentage Point, Largest Increase Since 1994
The Federal Reserve approved the largest interest-rate increase since 1994 and signaled it would continue lifting rates this year at...
Central banking
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...
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...
Fed Minutes Show Urgency for Raising Rates to Tame High Inflation
Minutes from the Fed’s May 3-4 meeting, released Wednesday, also showed officials discussed the possibility they would raise interest rates...
Fed Lifts Interest Rates by Half-Point in Biggest Hike Since 2000
The Federal Reserve approved a rare half-percentage-point interest rate increase—the largest since 2000—and a plan to shrink its $9 trillion...
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...
New York Fed: Public Expectations for March 2023 Inflation Hit 6.6% Record
Public expectations for the level of inflation a year from now hit a record in March, according to a survey...
Fed’s Patrick Harker Expects Steady, Deliberate Path of Rate Rises
Federal Reserve Bank of Philadelphia President Patrick Harker said a series of rate increases is needed to tame inflation. “I...
Fed Raises Interest Rates for First Time Since 2018
The Federal Reserve said it would lift interest rates and penciled in a series of further increases this year aimed...
Fed Sets Trading Restrictions for Top Officials
The Federal Reserve formally adopted new ethics rules aimed at limiting financial-market trading by its top officials, senior staff and...
Boston Fed Picks University of Michigan Provost Susan M. Collins as President
The Federal Reserve Bank of Boston selected University of Michigan Provost Susan M. Collins as its next president, filling a...
Fed Interest-Rate Decision Tees Up March Increase
The Federal Reserve signaled it would begin steadily raising interest rates in mid-March, its latest step toward removing stimulus to...
WSJ News Exclusive | Biden Eyes Raskin as Top Fed Banking Regulator
President Biden is considering Sarah Bloom Raskin for a top role at the Federal Reserve as part of a slate...
Turkey Rolls Out Economic Rescue Plan, Reversing Lira’s Spiral
ISTANBUL—Turkey’s currency mounted a dramatic, partial reversal from a monthslong collapse on Tuesday after President Recep Tayyip Erdogan announced a...
WSJ News Exclusive | Fed Chair Powell Seen Visiting White House on Thursday
Federal Reserve Chairman Jerome Powell was seen visiting the White House on Thursday, according to people familiar with the matter....
Fed Dials Back Bond Purchases, Plots End to Stimulus by June
The central bank approved plans to begin scaling back its bond-buying stimulus program this month and end it by June,...
Central Banks Fuel New Bets on Tighter Money as Inflation Rises Globally
Stubbornly high inflation across more wealthy economies last week prompted a shakeout in bond markets as investors began expecting central...
Economy Week Ahead: Central Banks, GDP, Consumer Spending
U.S. consumer spending is expected to have advanced in September. Photo: Joe Raedle/Getty Images By WSJ Staff Oct. 24, 2021...
Fed’s Quarles Says More Fiscal Stimulus Could Let Transitory Inflation Continue Too Long
A top Federal Reserve official said he expected elevated inflation pressures to decline without requiring a more aggressive response by...
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...
