Fed interest rates

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San Francisco Fed President Mary Daly’s unlikely rise from high school drop-out to inflation fighter: ‘I’m short, I’m female, I’m gay, and I come from a crooked path background’
Newsletters

San Francisco Fed President Mary Daly’s unlikely rise from high school drop-out to inflation fighter: ‘I’m short, I’m female, I’m gay, and I come from a crooked path background’

By Emma Hinchliffe and Joey Abrams
March 5, 2024
Fed chair Powell says the Federal Reserve remains on track to cut interest rates 3 times this year
Finance

Fed chair Powell says the Federal Reserve remains on track to cut interest rates 3 times this year

By Christopher Rugaber and The Associated Press
February 5, 2024
Brian Moynihan, chief executive officer of Bank of America Corp
Finance

Bank of America CEO Brian Moynihan isn’t worried if rates don’t come down—for the bank that could even be a ‘good thing’

By
January 16, 2024
An illustration of a piggy bank with a bandage over the cracks
Finance

Welcome to the era of ‘normalization’: Why Wall Street is convinced consumers will get comfortable with some economic pains in 2024

By
December 26, 2023
Jan Hatzius, chief economist at Goldman Sachs
Finance

Goldman Sachs’ chief economist says the market may be getting ahead of itself on rate cuts—and decreases won’t come as soon as people hope

By
December 11, 2023
Fed hikes still in play amid stubborn inflation and strong economy, warns Pimco’s global economic adviser
Finance

Fed hikes still in play amid stubborn inflation and strong economy, warns Pimco’s global economic adviser

By Michael Mackenzie and Bloomberg
October 26, 2023
The Fed looks set to hold interest rates steady next month, but there is ‘a very substantial risk’ it will hike them again later
Finance

The Fed looks set to hold interest rates steady next month, but there is ‘a very substantial risk’ it will hike them again later

By Craig Torres, Rich Miller and Bloomberg
October 14, 2023
Mohamed El-Erian, chief economic advisor for Allianz
Finance

Top economist Mohamed El-Erian warns markets got ‘drunk on support’ from central bank ‘BFFs,’ and now he’s more comfortable keeping his fortune in cash

By
October 12, 2023
Photo of Bill Ackman
Finance

Business community shocked and outraged by attack on Israel: ‘Terrorism loves a leadership vacuum and we have created one’

By
October 8, 2023
JPMorgan’s Jamie Dimon says Fed may have to hike more because central bank started ‘a day late and a dollar short’ and now is just ‘catching up’
Finance

JPMorgan’s Jamie Dimon says Fed may have to hike more because central bank started ‘a day late and a dollar short’ and now is just ‘catching up’

By Hannah Levitt and Bloomberg
September 21, 2023
Larry Summers: Fed should hike interest rates at least once more to control inflation and an economy that’s still growing to fast
Finance

Larry Summers: Fed should hike interest rates at least once more to control inflation and an economy that’s still growing to fast

By Christopher Anstey and Bloomberg
August 25, 2023
Fed’s Bowman says more hikes ‘will likely be needed’ despite lower inflation reading
Finance

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

By Catarina Saraiva and Bloomberg
August 5, 2023
Fed’s Raphael Bostic says rate hikes are no longer needed to fight inflation as employment gains slow
Finance

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

By Steve Matthews, Catarina Saraiva and Bloomberg
August 4, 2023
Close-up of a person choosing Mega Millions numbers
Personal Finance

There wasn’t a single $1 billion lottery jackpot before 2016. Here’s why there have been 7 since then

By
July 27, 2023
There’s a hidden recession red flag hidden in the latest jobs report, according to two top economists
Finance

There’s a hidden recession red flag hidden in the latest jobs report, according to two top economists

By
July 11, 2023

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