News

EU Faces 50% U.S. Duties, Fed Sounds Alarm
Fed's Goolsbee warns Trump's proposed 50% EU tariff is a completely different order of magnitude. President Trump's plan to ...
The bar for rate moves in any direction is higher, Chicago Fed's Goolsbee says
Chicago Fed President Austan Goolsbee has set a higher bar for rate moves "in any direction" until more clarity emerges ...
29% fewer California homes sold. Is the Fed to blame?
Only 17% of California households could qualify to buy in 2025’s first quarter, according to calculations from the California ...
Plan to beef up Fed forecasts hits hurdle among its regional presidents
A proposal for the U.S. Federal Reserve to release detailed economic forecasts after some of its meetings to anchor the ...
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Is A Fed Interest Rate Cut Ahead in 2025? Chicago FED President Shares his Forecast
Austan Goolsbee predicts that the US Fed will reduce interest rates in the next 10-16 months, sparking enthusiasm in the ...
Fed Officials Throw Cold Water On Hopes of a Summer Interest Rate Cut
The Federal Reserve is unlikely to lower its benchmark interest rate at its two meetings this summer, several bank ...
Fed’s Waller: Tax Bill Appears to Be Driving Up Borrowing Costs
Treasury yields are rising because financial-market participants are concerned that there won’t be any meaningful near-term ...
Fed comments weigh on dollar, set stage for slight rupee upside
The Indian rupee is set to open marginally higher on Wednesday, buoyed by a decline in the U.S. dollar after Federal Reserve ...
Fed's Musalem warns tariffs could have 'significant' impact on economy despite China trade truce
St. Louis Fed president Alberto Musalem said that even after President Trump's 90-day trade truce with China, tariffs at ...
Kansas City Fed Services Activity Index Rises in May
The Kansas City Fed said activity in tourism, wholesale trade and professional services increased in May, while the retail-trade and auto sectors saw declines. The bank said its index of expectations ...
Waller, de la Fed, abre la puerta a recorte de tasas en el segundo semestre
El gobernador de la Reserva Federal Christopher Waller dijo que el banco central podría recortar la tasa de interés en la ...