US Economy News Today: Fed's Bowman Still Sees Case for Interest Rate Hikes If Inflation Persists

Federal Reserve speakers continued to speak about their fight against inflation and a leading economic indicators index showed declines over the past six months. Read More

Why the Fed may want to cut rates to tame inflation, according to BlackRock's bond chief

"I would lay out an argument that actually, if you cut interest rates, you bring down inflation," Rieder said. Read More

Fed's Bowman repeats she's willing to hike rates if needed

U.S. Federal Reserve Governor Michelle Bowman on Friday repeated her view that inflation will fall further with the policy rate held steady, but said she has seen no improvement on inflation this year ... Read More

Fed's Powell says high interest rates may 'take longer than expected' to lower inflation

Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated a rate hike is unlikely. Read More

Fed’s Powell downplays potential for a rate hike despite higher price pressures

Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price ... Read More

How The Fed’s Interest Rate Hike Will Affect Savings Accounts

Kelly Anne has over ... rates after the Fed hike, it will do little to offset how inflation has weakened how far those extra dollars will go. Even in a low interest rate environment, it’s ... Read More

Fed expected to keep interest rates higher for longer amid stubborn inflation

"While the contrarian view of Fed rate hikes has become ... Get a brief on the top business stories of the week, plus CEO interviews, market updates, tech and money news that matters to you. Read More

US regulators reconsider capital hike for big banks, WSJ reports

May 19 (Reuters) - The Federal Reserve and two other U.S. regulators are moving toward a new plan that would significantly reduce a nearly 20% mandated increase in capital for the country's biggest ... Read More

Bar is high for another rate hike, but one can’t be ruled out: Fed’s Kashkari

The bar for another Federal Reserve rate hike is high, but further tightening can’t be ruled out, Minneapolis Federal Reserve Bank President Neel ... Read More

Fed Rate Doubts Have Options Traders Covering Both Hikes and Cuts

Treasury options traders are protecting against everything from multiple interest-rate cuts this year to a hike ahead of the ... around the path of the Fed’s monetary policy for this year ... Read More

How the Federal Reserve impacts mortgage rates: Will mortgage rates go down in 2024?

This puts upward pressure on mortgage rates. The Fed's rate hikes can also signal to ... Molly Grace is a mortgage reporter at Business Insider with over six years of experience writing about ... Read More