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...
Interest Rates
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...
Senate Confirms Jerome Powell to Second Term Leading Federal Reserve
Mr. Powell’s nomination, approved Thursday on an 80-19 vote, has been on track for months to win bipartisan approval despite...
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...
Senate Expected to Confirm Brainard as Federal Reserve’s Vice Chairwoman
Federal Reserve governor Lael Brainard is poised to win confirmation as the central bank’s vice chairwoman after clearing a procedural...
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’s Powell Could Seal Expectations of Half-Point Rate Rise in May
Federal Reserve Chairman Jerome Powell is scheduled to participate in a panel discussion hosted by the International Monetary Fund on...
Hot Economy, Rising Inflation: The Fed Has Never Successfully Fixed a Problem Like This
The Federal Reserve is setting out to do something it has never accomplished before: reduce inflation a lot without significantly...
Russia Cuts Interest Rate as Financial System Stabilizes
Russia’s central bank cut its key interest rate following an unscheduled meeting of policy makers Friday, a sign that efforts to...
Interest-Rate Surge Ripples Through Economy, From Homes to Car Loans
The Fed’s moves to chill inflation have driven up bond yields and many other borrowing costs linked to them. So...
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’s Brainard Says Reducing Elevated Inflation ‘Is of Paramount Importance’
A top Federal Reserve official said the central bank is strongly committed to taking steps that will reduce inflation this...
Economists Seek Recession Clues in the Yield Curve
As yields on two-year Treasury notes this week moved above yields on 10-year notes, Wall Street analysts sent up warning...
March Jobs Report Keeps Fed on Track for Larger Rate Rise in May
Friday’s employment figures underscore the urgency Federal Reserve officials feel to quickly withdraw economic stimulus by raising interest rates in...
U.S. Inflation Rises to 40-Year Peak in February by Fed’s Preferred Measure
Inflation reached a new 40-year peak in February, according to the Federal Reserve’s preferred gauge, buoyed in part by a...
Home Sales Fell in February Amid Tight Supply, Rising Mortgage Rates
Sales of previously owned homes declined in February as rising mortgage-interest rates and a shortage of homes for sale made...
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...
Economy Week Ahead: Retail, Central Banks, Home Sales
The Fed is looking to cool demand and control inflation. Photo: Jonathan Ernst/REUTERS By WSJ staff March 13, 2022 3:00...
Powell Says Fed Is on Track to Raise Rates in Two Weeks
Federal Reserve Chairman Jerome Powell said he would propose a quarter-percentage point rate increase at the central bank’s meeting in...
Fed Officials Lean Against Expectations of Half-Point Increase in March
Federal Reserve officials pushed back Friday against the prospect that they would begin raising interest rates next month with a...
