3+ week, 5+ day ago  (283+ words) WASHINGTON " The Federal Reserve's interest rate-setting body is expected to outline its near-term plans Wednesday, with markets overwhelmingly anticipating officials will leave rates unchanged, even as risks are growing on both sides of the central bank's mandate. The Federal Open…...

2+ mon, 4+ week ago  (667+ words) Federal Reserve Vice Chair for Supervision Michelle Bowman said Friday that the labor market shows signs of fragility and that it may be premature for the central bank to adopt a wait-and-see approach to monetary policy. Speaking at the New…...

1+ mon, 1+ week ago  (1438+ words) Overview bullets generated by AI with editorial review The Federal Reserve Bank of Kansas City approved a limited-purpose master account for Kraken Financial, granting the cryptocurrency exchange direct access to the central bank's payment network. The milestone makes Kraken "the…...

2+ week, 3+ day ago  (971+ words) WASHINGTON " Geopolitical pressures emanating from the ongoing war with Iran are clouding the Federal Reserve's already-murky monetary policy outlook, leading some former central bank officials to predict that interest rates will remain where they are into the foreseeable future. The…...

2+ week, 4+ day ago  (610+ words) Three members of the Federal Reserve's rate-setting committee said Thursday that inflation risks are rising due to the ongoing war in Iran. In separate appearances, Fed Gov. Lisa Cook, Gov. Michael Barr and Vice Chair Philip Jefferson said U. S. military actions…...

3+ week, 11+ hour ago  (738+ words) Federal Reserve Gov. Michael Barr said Tuesday that any changes to monetary policy will depend heavily on the trajectory of inflation. Barr, speaking at a National Community Investment Conference in Phoenix hosted by the Federal Reserve Bank of San Francisco,…...

3+ day, 13+ hour ago  (609+ words) "I wish we stopped using the word independence " independence about the Fed, independence about executive agencies generally," Quarles said. "There is no such thing as an independent agency in our constitutional system, and as a matter of general political first…...

3+ day, 19+ hour ago  (1024+ words) A recently finalized rule barring bank examiners from using reputational risk as the basis for a complaint to bank management includes exceptions that experts say show how difficult it is to distinguish cleanly between material and trivial risks " and how…...

4+ day, 2+ hour ago  (581+ words) Fuel oil rose 30. 7%, the largest monthly increase in the index since February 2000. Electricity prices increased 0. 8% and natural gas fell 0. 9%." Food prices were flat in March after rising 0. 4% in February, with food at home and food at restaurants going in opposite…...

4+ day, 22+ hour ago  (779+ words) Mortgage rates backed off their recent 2026 high this week after concerns over an escalation of the Iran War temporarily subsided, but the numbers don't necessarily mean an end to ongoing volatility, economists warned." The 30-year fixed average decreased 9 basis points…...