Sunday, May 3, 2026
Today's Print

Tag: US Central bank

US inflation accelerated to 3.5% in March, dampening interest rate cut hopes

Washington—US consumer inflation continued to accelerate last month, according to government data published Wednesday, reducing the chances of an early interest rate cut from...

US Fed official leaves door open on new rate hike

WASHINGTON, USA—A top Federal Reserve official left the door open Tuesday on a further interest rate hike to combat inflation, although stressing that the...

US Fed expected to hike again despite signs of slowing economy

The US Federal Reserve is widely expected to raise its benchmark lending rate for a tenth -- and possibly final -- time on Wednesday,...

High rent and gas prices keeping US inflation elevated

WASHINGTON—Rising rents, a gasoline price rebound and vehicle costs helped keep US inflation elevated in January, analysts say, amid signs that policymakers have some...

US Fed opens policy meeting as it seeks to tame inflation

WASHINGTON, United States—The US central bank opened its two-day policy meeting on Tuesday, preparing for another salvo in the war on rising inflation. The Federal...

Powell says Fed prepared to raise rates ‘aggressively’

WASHINGTON, United States—The US central bank is prepared to raise interest rates by bigger steps than the quarter-point hike announced last week if that...

Ukraine war complicates Fed’s inflation fighting effort

WASHINGTON, United States—The uncertainty created by Russia’s invasion of Ukraine and its impact on the global economy is piling more complexity onto the US...

Lisa Cook, expert on economic scars of racism, now Biden’s Fed nominee

By Heather Scott WASHINGTON, United States—A researcher focused on how discrimination has harmed the American economy and the damage downturns do to the poor, Lisa...

Fed sharpens inflation-fighting weapons as rate increases near

WASHINGTON, United States—The Federal Reserve has its inflation-fighting weapons ready to fire, and when the US central bank’s policy committee convenes this coming week,...

Fed official sees first US rate hike in spring 2022

WASHINGTON―With inflation expected to remain high for some time, the US central bank is likely to raise interest rates soon after it ends its...

US Fed expected to stand its ground despite inflation

WASHINGTON—Even in the face of rising inflation, the lackluster progress on restoring jobs lost during the pandemic means the US Federal Reserve is unlikely...

US Federal Reserve holds first policy meeting of Biden administration

By Heather Scott WASHINGTON"•With a new year and a new administration in the White House, the US central bank nonetheless faces an unprecedented challenge in...

Fed orders major banks to stop share repurchases

Washington—The Federal Reserve on Thursday ordered 34 major US banks to suspend share buybacks in the third quarter and limit dividend payments to shareholders. The...

US central bank closely monitoring trade altercations

Chicago"•The US central bank is “closely monitoring” trade disputes and the implications for the economy, Federal Reserve Chairman Jerome Powell said Tuesday. A day after...
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