Page 15 - Marriners Eccles News Today

The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.

Since hitting their peaks last year, stocks and bonds have been hemorrhaging amid soaring inflation, rising interest rates, and war in Eastern Europe.

Traders of U.S. government debt were dealt a stern reminder last week not to sleep on a market that’s been headed in one direction for a long time.

Federal Reserve officials are reinforcing expectations they would raise interest rates by a half percentage point next month, accelerating a hawkish pivot to curb the hottest inflation in four decades. “I think that’s a reasonable option for us because the federal funds rate is very low,” Federal Reserve Bank of New York President John Williams said on Thursday in a Bloomberg Television interview. “We do need to move policy back to more neutral levels.” His remarks helped fan a sharp r...

The Fed has started hiking rates. As recent market action shows, Powell's decisions matter more to investors than even those of Putin.

The US Federal Reserve is raising interest rates for the first time since 2018 in an attempt to bring fast-rising prices under control.

The Federal Reserve Board is taking a fresh look at how financial firms get coveted access to the U.S. central bank’s payment system — a controversial question that’s weighing on President Biden’s pick to be Wall Street’s top bank regulator.

Key inflation gauge hit 6.1% in January, highest since 1982

The figure reported Friday by the Commerce Department was the largest year-over-year rise since 1982.

Federal Reserve Governor Michelle Bowman says she's open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.