Catarina Saraiva

Stay informed with Catarina Saraiva’s coverage and analysis.

Neel Kashkari, president and chief executive officer of the Federal Reserve Bank of Minneapolis, during the Monetary and Banking Conference 2024 at the Palacio Libertad in Buenos Aires, Argentina, on Monday, Oct. 14, 2024. Kashkari said it appears likely that “further modest reductions” in the central bank’s benchmark interest rate will be appropriate in the coming quarters. Photographer: Anita Pouchard Serra/Bloomberg via Getty Images

Fed’s Kashkari says stronger economy could mean fewer rate cuts

By Catarina Saraiva and Bloomberg

Austan Goolsbee during the Obama administration. He is speaking at a podium in a suit.

Top Fed voice predicts ‘many more rate cuts’ in next year

By Catarina Saraiva, Miranda Davis, and others

Eric Rosengren

The 2 Fed officials who traded stocks and assets during the pandemic weren’t technically breaking any rules, watchdog finds

By Catarina Saraiva, Craig Torres, and others

Austan Goolsbee, president and chief executive officer of the Federal Reserve Bank of Chicago, during a Bloomberg Television interview at the Jackson Hole economic symposium in Moran, Wyoming, US, on Friday, Aug. 25, 2023. Federal Reserve Chair Jerome Powell said the US central bank is prepared to raise interest rates further if needed and intends to keep borrowing costs high until inflation is on a convincing path toward the Fed’s 2% target. Photographer: David Paul Morris/Bloomberg via Getty Images

Fed officials applaud report of slowing inflation as ‘real progress’ while cautious about its impact on interest rates: ‘We still have a way to go’

By Catarina Saraiva, Steve Matthews, and others

Michelle Bowman, governor of the U.S. Federal Reserve nominee for U.S. President Donald Trump, speaks during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S., on Tuesday, May 15, 2018. Bowman, a Kansas state bank commissioner, has been nominated to fill a seat at the Fed Board in Washington reserved for a person with community bank experience. Photographer: Andrew Harrer/Bloomberg via Getty Images

Fed’s Bowman says more hikes ‘will likely be needed’ despite lower inflation reading

By Catarina Saraiva and Bloomberg

Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, speaks during a Bloomberg Television interview at the Jackson Hole economic symposium in Moran, Wyoming, US, on Friday, Aug. 26, 2022. Federal Reserve officials stressed the need to keep raising interest rates even as they reserved judgment on how big they should go at their meeting next month. Photographer: David Paul Morris/Bloomberg via Getty Images

Fed’s Raphael Bostic says rate hikes are no longer needed to fight inflation as employment gains slow

By Steve Matthews, Catarina Saraiva, and others

SINTRA, PORTUGAL – JUNE 27: Jerome Powell, Chair of the Federal Reserve of the United States, is followed by security guards while arriving to participate in the morning session during of the second day of the 2023 European Central Bank Forum on Central Banking on June 27, 2023, in Sintra, Portugal. The President of the European Central Bank Christine Lagarde stated in her opening speech that “Eurozone inflation is very high and is likely to remain so for a long time. However, the nature of the eurozone’s inflation challenge is changing.” The European Central Bank hosts its annual Forum on Central Banking from June 26-28, 2023. This year the Forum addresses the macroeconomic stabilization in a volatile inflation environment. (Photo by Horacio Villalobos#Corbis/Corbis via Getty Images)

Fed chair Jerome Powell warns that to cool inflation at least 2 more interest-rate increases are probably coming

By Catarina Saraiva, Alonso Soto, and others

Cheerful woman in her 20s in business meeting with colleagues, teamwork, discussion, connection

The Black and white unemployment gap is the smallest it has ever been

By Catarina Saraiva and Bloomberg

Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, departs from court in New York, US, on Thursday, Feb. 16, 2023. US prosecutors said their discovery that Sam Bankman-Fried used a virtual private network to access the internet on two recent occasions raises concerns that the FTX co-founder could be hiding his online activities. Photographer: Stephanie Keith/Bloomberg

Sam Bankman-Fried may only use a non-smartphone, and his parents must hand over their device details: Prosecutors

By Catarina Saraiva and Bloomberg

Mary Daly, president of the Federal Reserve Bank of San Francisco, speaks during a Bloomberg Television interview in San Francisco, California, US, on Thursday, Aug. 11, 2022. A cooling in July inflation is welcome news and may mean it’s appropriate for the Federal Reserve to slow its interest-rate increases to 50 basis points at its September meeting, but the fight against high inflation is far from over, Daly said. Photographer: David Paul Morris/Bloomberg via Getty Images

Inflation fight requires ‘further policy tightening, maintained for a longer time,’ says Fed’s Daly

By Catarina Saraiva and Bloomberg

Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta, speaks during a panel discussion at the Association for Public Policy Analysis & Management (APPAM) Fall Research conference in Chicago, Illinois, U.S., on Thursday, Nov. 2, 2017. The conference focuses on the importance of data and measurement, and celebrates the government staff who work to improve the measures we use every day. Photographer: Christopher Dilts/Bloomberg via Getty Images

2 Fed bosses says interest rates will go above 5%—but when and by how much remains a mystery

By Catarina Saraiva, Steve Matthews, and others

Lisa Cook, governor of the US Federal Reserve, takes the oath of office during a ceremony in Washington, D.C., US, on Monday, May 23, 2022. Cook is the first Black woman on the Federal Reserve’s board of governors after winning Senate confirmation by the narrowest possible margin this month. Photographer: Al Drago/Bloomberg via Getty Images

U.S. economists are up in arms over ‘cesspool’ hiring website rife with sexual harassment and bullying

By Catarina Saraiva and Bloomberg

WASHINGTON, DC – NOVEMBER 02: U.S. Federal Reserve Bank Board Chairman Jerome Powell delivers opening remarks during a news conference following a meeting of the Federal Open Market Committee (FMOC) at the bank headquarters on November 02, 2022 in Washington, DC. In a move to fight inflation, Powell announced that the Federal Reserve is raising interest rates by three-quarters of a percentage point, the sixth interest rate increase this year and the fourth time in a row at rates this high. (Photo by Chip Somodevilla/Getty Images)

Fed officials are so encouraged by the latest inflation numbers that they’re signaling slower interest rate hikes ahead

By Catarina Saraiva, Craig Torres, and others

Lisa Cook (R) takes the oath of office as she is sworn-in to become a member of the Federal Reserve Board by Federal Reserve Board Chair Jerome Powell, at the Federal Reserve Building in Washington, DC, on May 23, 2022. (Photo by OLIVIER DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)

Fed diversity is improving, but it still has a long way to go

By Catarina Saraiva and Bloomberg

The gap between the wealth of Black and White Americans, one of the starkest benchmarks of inequality in the US, is on track to widen substantially after the pandemic exacerbated wealth concentration.

Why America’s Black-White wealth gap is getting worse

By Catarina Saraiva and Bloomberg