WASHINGTON The appointment of Mary Daly as the second-ever woman to head up the San Francisco Federal Reserve makes plain that some regional central banks continue to make strides in creating a diverse leadership as criticism intensifies about the Fed's hiring policies while others fall behind.
WASHINGTON, Sept 14 The appointment of Mary Daly
as the second-ever woman to head up the San Francisco Federal
Reserve makes plain that some regional central banks continue to
make strides in creating a diverse leadership as criticism
intensifies about the Fed's hiring policies while others fall
DALLAS/WASHINGTON The Federal Reserve should keep raising U.S. interest rates until mid-2019, and only then needs to take a decision on when it ought to stop, Dallas Fed President Robert Kaplan suggested on Friday.
The Federal Reserve will likely have to raise interest rates past the neutral rate to keep the economy on a sustainable growth path and inflation around target, according to Chicago Federal Reserve Bank President Charles Evans.
More frequent price changes for goods and a rise in the consistency of pricing due to the growth of online retailers may be affecting inflation, according to an academic paper presented on Saturday to some of the world's top central bankers.
WASHINGTON U.S. consumer prices rose in July and the underlying trend continued to strengthen, pointing to a steady increase in inflation pressures that keeps the Federal Reserve on track to gradually raise interest rates.
WASHINGTON If President Donald Trump's comments that the Federal Reserve risked killing U.S. economic growth with higher interest rates was even discussed at a policy meeting that ended on Wednesday, there was no sign of it as the central bank indicated it would stick with its forecast of two more rate increases this year.
WASHINGTON The U.S. Federal Reserve kept interest rates unchanged on Wednesday but characterized the economy as strong, keeping the central bank on track to increase borrowing costs in September.
WASHINGTON The Federal Reserve is expected to keep interest rates unchanged on Wednesday, but solid economic growth combined with rising inflation are likely to keep it on track for another two hikes this year even as President Donald Trump has ramped up criticism of its push to raise rates.
WASHINGTON/NEW YORK The U.S. Treasury on Monday said it expects to borrow $56 billion more during the third quarter than previously estimated, and market participants expect shorter-dated Treasuries to absorb the brunt of the new supply as the Trump administration grapples with a mushrooming budget deficit.