Bloomberg Retracts Incorrect Story on Fed’s Climate Program
Six major U.S. banks won't be required to make submissions for the Fed's Climate Scenario Analysis Exercise because that program's been shut down, sources say.
The Fed is likely to hold interest rates steady as Trump calls for cuts
This story incorporates reporting from ABC, Bloomberg L.P. and The Mountaineer.The Federal Reserve is anticipated to sustain its current interest rates, putting it potentially at odds with President ...
Powell Tells Congress Fed Still in No Rush to Lower Rates
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...
Fed’s Williams Says Inflation on Track to 2% But Will Take Time
Federal Reserve Bank of New York President John Williams said he anticipates inflation will continue to slow toward the ...
Trump Says Fed Made the Right Call Last Week to Pause Rate Cuts
US President Donald Trump said the Federal Reserve was right to pause its rate-cutting path in its decision last week, a break from his penchant for calling for lower rates.