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 ...
Tag: Interest rates
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 ...
Stewart: Rising rates hit borrowers but bring ‘real money’ for savers
While borrowers are getting pinched by rising interest rates, senior savers are seeing meaningful returns for the first time in ...
Podcast: The community bank M&A outlook for 2023
As the end of the year draws near, banking journalist and analyst Paul Davis joins the ABA Banking Journal Podcast ...
Brainard suggests Fed could slow pace of rate increases
It soon may be appropriate to slow the pace of increases in the federal funds rate, Lael Brainard, vice chairwoman ...
Fed raises rates by another 75 basis points
The Federal Open Market Committee today announced it would raise the target range for the federal funds rate to 3.75 ...
Bankers anticipate further interest rate hikes in 2023
Most banking executives believe that interest rates won’t peak until the first half of 2023, according to a new survey ...
Fed minutes: Further rate increases anticipated
Federal Open Market Committee members anticipate that further increases in the federal funds rate will be necessary to bring down ...
Waller: ‘Significant’ rate increase needed to tame inflation
Federal Reserve Gov. Christopher Waller said today he supports a “significant increase” in the federal funds rate at the next ...
Powell: Public perception can hinder inflation fight
The Federal Reserve must act “strongly” to fight inflation “until the job is done,” Fed Chair Jerome Powell said today ...
