Debt ceiling stalemate is a new headwind for the Fed
adminThe Federal Reserve's decision on whether to continue raising interest rates comes at a difficult economic time for the United States, with President Biden and Republicans in Congress locked in…
Powell: Fed made ‘mistakes’ in regulation and supervision during his tenure
Federal Reserve Chairman Jerome Powell said Wednesday that he has "some" regrets about the policy choices the central bank has made under his tenure in light of the recent spate…
The Fed Raised Rates: What Happened to the Gold Price?
After an impressive jump to nearly $2,030 an ounce at 1:20 p.m. EST, the price of gold pulled back on Wednesday (May 3) following the decision by the US Federal…
G Secs rally on expectations that the Fed will pause rate hikes
Government Securities (G Secs) rose on Wednesday with yields closing at the lowest in 13 months, in line with the move in US Treasury yields which fell on expectations that…
Warren and Kennedy ask Fed inspector general to testify in subcommittee
Sen. Elizabeth Warren, D-Mass., is calling on the Inspector General of the Federal Reserve and the Bureau of Consumer Financial Protection to testify before a panel of the Senate Banking…
The Fed is expected to raise interest rates: What you need to know
Federal Reserve officials are set to release an interest rate decision on Wednesday afternoon, and while investors widely expect policymakers to raise borrowing costs by a quarter point, they will…
Fed to decide next rate move after bank jitters
WASHINGTON — Federal Reserve officials are widely expected to raise borrowing costs by a quarter of a percentage point on Wednesday, the 10th straight rate hike since March 2022. But…