Janet Yellen Pushes China on Debt Relief for Zambia
The Treasury secretary, during a three-country trip to Africa, pursued a crucial test of a U.S.-backed effort to help developing...
Federal Reserve
Consumer Spending Tapered Off Ahead of the Holidays
Households boosted spending on services while cutting outlays on goods, including autos. The outlook for the holiday-shopping season remains murky....
Fed Minutes Show Most Officials Favored Slowing Rate Rises Soon
EconomyU.S. EconomyPolicy makers have signaled plans to dial back the pace of interest-rate increases, while warning rates could rise to...
Elevated Inflation Presents Risk to U.S. Economy, Fed Report Finds
EconomyCentral bank identifies near-term threats in Financial Stability Report Source link
Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates
EconomyU.S. EconomyChairman Jerome Powell says too soon to talk about pausing rate increases Source link
U.S. Wages Rose Rapidly in Third Quarter, Keeping Pressure on Inflation
Wages and prices continued to rise rapidly in the late summer, keeping the Federal Reserve on track for more interest-rate...
Essay | Janet Yellen’s Learning Curve
When Janet Yellen testified before a congressional commission almost a decade ago about the 2007-2009 global financial crisis, an interlocutor...
Fed’s Inflation Fight Has Some Economists Fearing an Unnecessarily Deep Downturn
Some economists fear the Federal Reserve—humbled after waiting too long to withdraw its support of a booming economy last year—is...
Central Banks May Stoke Risks by Raising Interest Rates Together
Central banks around the world are raising their key interest rates in the most widespread tightening of monetary policy on...
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...
Fed Raises Interest Rates by 0.75 Percentage Point for Third Straight Meeting
The decision Wednesday—unanimously supported by the Fed’s 12-member rate-setting committee—will lift its benchmark federal-funds rate to a range between 3%...
Fed Officials Back Another Large Rate Increase
A Federal Reserve official suggested he would support raising interest rates by another 0.75-percentage point later this month to combat...
Fed’s Powell Affirms Need to Act Strongly to Fight Inflation
Federal Reserve Chairman Jerome Powell said the central bank is squarely focused on bringing down high inflation to prevent it...
Fed Plans 2023 Launch of Long-Anticipated Faster Payments System
WASHINGTON—The Federal Reserve is set to launch a long-awaited faster payments system next year, a step that officials say will...
Wall Street Bets the Fed Is Bluffing in High-Stakes Inflation Game
Wall Street thinks it’s bluffing.This could spell trouble for both of them. Markets pummeled by the Fed’s rate increases in...
Fed Officials See Need for Continued Interest-Rate Increases, but Less Certainty Over Destination
Federal Reserve officials agreed at their monetary-policy meeting last month they needed to keep raising interest rates enough to lower...
Federal Reserve Finalizes Guidelines for Access to Its Payment Systems
The Federal Reserve said Monday it would adopt a tiered approach toward determining whether to grant financial institutions access to...
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...
If This Is a Recession, We Might Not Know for Months
As the Federal Reserve continues to raise interest rates in its fight against the highest inflation in more than four...
Jerome Powell Pressed Over How Fed Would Respond to Economic Slowdown
Lawmakers pressed Federal Reserve Chairman Jerome Powell over how the central bank would manage trade-offs it could confront if its...
