Federal Reserve’s campaign to raise interest rates will help some banks but not all
Experts say variables include what type of loans a bank has on its books, local competition and marketplace demand.
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Fed expected to leave rates alone as trade war raises anxiety
The Federal Reserve will meet this week to assess an economy that has just enjoyed a healthy spurt of growth but faces a flurry of trade fights pushed by President Donald Trump that could imperil that growth over time.
Fed leader bullish on U.S. economy, expects rates to keep rising
In his semi-annual testimony to Congress on Tuesday, Federal Reserve Chairman Jerome Powell gave lawmakers an upbeat assessment of the economy.
Fed Chair Powell says economy in ‘good place’ at moment
In an interview Thursday, Federal Reserve Chairman Jerome Powell gave an upbeat assessment of the economy, noting that unemployment is at its lowest point in nearly two decades and inflation is rising toward the Fed’s optimal range.
Fed raises key interest rate, sees possible acceleration in hikes
The Federal Reserve took note of a resilient U.S. economy Wednesday by raising its benchmark interest rate for the second time this year and signaling that it may step up its pace of rate increases.
Anticipation surrounds Fed’s rate forecasts after next hike
The Federal Reserve is set Wednesday to modestly raise its key short-term interest rate for the second time this year. But attention will be focused on any hints the Fed might accelerate its hikes in the coming months.
Fed discussed ‘slightly steeper’ future rate hikes in latest meeting
Federal Reserve officials signaled rising confidence last month that a strong economy will lift inflation closer to its 2 percent target and that they may accelerate the Fed's pace of interest rate hikes as a result.
Fed raises key rate, foresees two more hikes this year
The Federal Reserve is raising its key interest rate and signaling confidence in the U.S. economy's durability but plans to continue a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell.
Powell says outlook strong, signaling gradual rate hikes
Federal Reserve Chairman Jerome Powell told Congress on Tuesday that the outlook for the U.S. economy "remains strong" despite the recent stock market turbulence, keeping the central bank on track to gradually raise interest rates.
Five things to look for when new Fed chair Powell meets Congress
When Jerome Powell testifies to Congress on Tuesday in his first public appearance as chairman of the Federal Reserve, investors will be paying close attention to his every word.
Fed officials: Stronger economy boosts chance for rate hikes
Many analysts think the Fed may accelerate its rate increases and boost rates four times this year. That would likely cause consumer rates such as mortgage rates to rise more quickly.
Market’s turmoil could affect Federal Reserve’s rate decisions
The turbulence coursing through markets has raised speculation that Fed officials might decide to slow their pace of rate increases out of fear of upsetting the markets and possibly harming the economy.
Fed leaves key rate unchanged at Yellen’s final meeting
The Federal Reserve said it expects the steadily strengthening economy to warrant further gradual increases in its benchmark rate.
Senate approves Powell to follow Yellen as Federal Reserve chair
Jerome Powell, 64, has served for 5-1/2 years on the Federal Reserve’s board. A lawyer and investment manager by training, many expect him to follow Janet Yellen’s cautious approach to interest rates.
Fed makes third rate increase this year, foresees three more in 2018
Steps the Federal Reserve took Wednesday could lead over time to higher loan rates for consumers and businesses and slightly better returns for savers.
Fed set to raise rates as Yellen gives final news conference
Investors seem certain about this: The Federal Reserve is going to raise interest rates this week for the third time this year.
Yellen says she’ll leave Fed once Powell becomes chairman
Janet Yellen’s decision to leave will give Trump a fourth spot to fill on the Fed’s seven-person Board of Governors in Washington, including a vice chairman spot.
Powell pledges to pursue Fed’s employment, inflation goals
Jerome Powell, President Donald Trump’s pick to lead the Federal Reserve, pledged to pursue the U.S. central bank’s goals of stable prices and maximum employment while keeping a watchful eye on financial sector risks.
Trump to pick Powell as Federal Reserve chairman, sources say
Trump, who has said he’ll announce his pick Thursday, would be choosing a former private-equity executive who favors continuing gradual interest-rate increases and sympathizes with White House calls to ease financial regulations.
Fed leaves key rate unchanged but hints at future hikes
With a new Federal Reserve leader about to be announced, the Fed is hinting that it's preparing to resume raising rates as the economy shakes off the effects of recent hurricanes.