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Fed Chairman Jerome Powell: 'Premature' to speculate on interest-rate cuts

Lower inflation readings "are welcome," Jerome Powell says, but "that progress must continue" to reach the Fed's 2% objective.

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Fed's Barkin says he is not willing to take another rate hike off the table

The Richmond Fed president said he still needs to be convinced inflation is on a path to the 2% target.

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Dollar Down, Gold Price Hits $2050 as Markets Hear Fed's Waller, Ignore Bowman

The gold price extended its steep climb against a falling US Dollar on Wednesday, hitting a 5-month high at $2050 as bond traders and speculators heeded one Fed 'hawk' but ignored another over 2024 interest rates

Greece , Australia , United-states , United-kingdom , London , City-of , America , Christopher-waller , Rhona-oconnell , Nick-timiraos , Yannis-stournaras , Michelle-bowman

'Most' Fed officials continue to worry about reacceleration of inflation, minutes show

Federal Reserve officials remain concerned that the strong U.S. economy would cause inflation to reaccelerate, according to minutes of the Fed's meeting...

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Fed's Barkin says he sees inflation 'being stubborn'

The Richmond Fed president is a voting member of the Fed's interest-rate committee this year.

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The Least and Most Mass-produced American Fighter Planes of WWII

The Least and Most Mass-produced American Fighter Planes of WWII
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Bill to memorialize Wounded Knee Massacre Land passes Senate committee

NOVEMBER 17, 2023: The Wounded Knee Massacre Memorial and Sacred Site Act unanimously passed the US Senate Com...

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Fed's Collins won't take additional rate hikes off the table

Boston Fed President Susan Collins said Friday it was premature to rule out further interest-rate hikes.

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Fed's Mester says markets' focus on interest-rate cuts is premature

Cleveland Fed President Loretta Mester said Thursday she still needed to be convinced that inflation is coming down "in a timely way."

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Lake Oswego officers rescue injured hawk

An injured bird got a helping hand from some Lake Oswego police officers Monday.They say they received a call from a concerned person who saw what they thought

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