ABA report: Consumers managing credit well despite continued headwinds
Consumers continued to manage their credit well despite economic headwinds in the third quarter of 2022, according to the latest ...
Tag: Interest rates
Powell expects Fed to pick up pace of rate hikes
Recent economic data suggests the Federal Reserve will need to continue to raise interest rates this year to slow inflation ...
Gruenberg: Rising interest rates could cut into bank profitability
The current interest rate environment has had “dramatic effects” on the profitability and risk profiles for banks’ funding and investment ...
FOMC minutes: Most members favored a lower rate increase
Nearly every member of the Federal Open Market Committee agreed to raise the federal funds rate by 25 basis points ...
FOMC raises rates by 25 basis points
The Federal Open Market Committee this week announced it would raise the target range for the federal funds rate by ...
Fed raises rates by 50 basis points
The Federal Open Market Committee today announced it would raise the target range for the federal funds rate by 50 ...
Powell signals Fed will slow pace of rate increases
In a speech today, Federal Reserve Chairman Jerome Powell said while inflation remains persistently high, the Federal Open Market Committee ...
Brainard reflects on effects of COVID, war on inflation
The “relative inelasticity of supply in key sectors” sets the economy of the past three years (encompassing the COVID-19 pandemic ...
Fed officials see inflation fight lasting through 2024
Two members of the Federal Open Market Committee said today that the committee is likely to raise the federal funds ...
FOMC: Full effects of rate-hike campaign not yet known
Against the backdrop of significantly slowing economic growth and a tight labor market, Federal Open Market Committee members agreed to ...
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