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Steve Matthews

Stay informed with Steve Matthews’s coverage and analysis.

Jeffrey Schmid
FinanceFed official says no rate cuts yet, inflation still above target
By Steve Matthews and BloombergAugust 8, 2024
Fed Chair Jerome Powell frowns
FinanceThe Fed’s first rate cut may come right in the thick of the presidential campaign
By Steve Matthews, Dana Morgan and BloombergJune 8, 2024
Jerome Powell dispels Wall Street’s dream of near-term interest rate cuts by arguing it would be ‘premature’ while leaving the door open to more rate hikes
FinanceJerome Powell dispels Wall Street’s dream of near-term interest rate cuts by arguing it would be ‘premature’ while leaving the door open to more rate hikes
By Steve Matthews and BloombergDecember 1, 2023
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’
FinanceFed 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 BloombergNovember 14, 2023
Fed’s Raphael Bostic says rate hikes are no longer needed to fight inflation as employment gains slow
FinanceFed’s Raphael Bostic says rate hikes are no longer needed to fight inflation as employment gains slow
By Steve Matthews, Catarina Saraiva and BloombergAugust 4, 2023
U.S. on ‘golden path’ to beat inflation without a recession, says Fed’s Austan Goolsbee
FinanceU.S. on ‘golden path’ to beat inflation without a recession, says Fed’s Austan Goolsbee
By Steve Matthews and BloombergJuly 7, 2023
Christopher Waller
EnvironmentFederal Reserve official says climate change isn’t a serious financial risk
By Steve Matthews, Eric Roston and BloombergMay 11, 2023
A Fed bank president is optimistic about the economy and says we could likely get inflation down while avoiding a recession
FinanceA Fed bank president is optimistic about the economy and says we could likely get inflation down while avoiding a recession
By Steve Matthews and BloombergMay 5, 2023
Jerome Powell faces Fed dissent as many see a recession ahead and inflation remains too high
FinanceJerome Powell faces Fed dissent as many see a recession ahead and inflation remains too high
By Steve Matthews, Rich Miller and BloombergApril 30, 2023
Raphael Bostic, president and chief executive officer of the Federal Reserve Bank of Atlanta
FinanceThe Atlanta Fed chair just said what everyone else is thinking: A really strong jobs report could mean bigger interest rate hikes
By Steve Matthews and BloombergFebruary 6, 2023
2 Fed bosses says interest rates will go above 5%—but when and by how much remains a mystery
Finance2 Fed bosses says interest rates will go above 5%—but when and by how much remains a mystery
By Catarina Saraiva, Steve Matthews and BloombergJanuary 10, 2023
Fed Chair Jerome Powell pours cold water on idea that interest rate hikes are over: ‘We still have some ways to go’
FinanceFed Chair Jerome Powell pours cold water on idea that interest rate hikes are over: ‘We still have some ways to go’
By Steve Matthews and BloombergDecember 14, 2022
Fed hikes rates another half point and signals more increases to come in its war against high inflation
FinanceFed hikes rates another half point and signals more increases to come in its war against high inflation
By Steve Matthews and BloombergDecember 14, 2022
Fed chair Jerome Powell
FinanceFed could raise interest rates to higher-than-expected peak after latest jobs report—and looks willing to cause a recession to beat inflation
By Steve Matthews and BloombergDecember 3, 2022
Fed raising rates until 2% inflation reached ‘would guarantee an overshoot and a deep recession,’ warns Bostic
FinanceFed raising rates until 2% inflation reached ‘would guarantee an overshoot and a deep recession,’ warns Bostic
By Steve Matthews and BloombergNovember 19, 2022
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