Ever upward, says the Fed. getty Higher for longer. That’s what numerous Federal Reserve officials have been saying about interest rates for some time. Nonetheless, many investors don’t take them at t...
Tag: Lael Brainard
Fed Governor Lael Brainard sees high rates ahead even with progress on inflation
Lael Brainard, vice chair of the US Federal Reserve, during a University of Chicago Booth School of Business event in Chicago, Illinois, US, on Thursday, Jan. 19, 2023. Jim Vondruska | Bloomberg | Ge...
Fed directs big banks to disclose how they are preparing for climate change risks
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022. ...
How the Fed Might Slow Down
“Move fast and break things,” hasn’t been such a great corporate slogan lately. It might not be a very good slogan for Federal Reserve policy, either. Minutes to the Fed’s September rate-setting meeti...
Two Fed Officials Make Case for Caution With Future Interest Rate Raises
Two Federal Reserve officials began laying out a case for exercising caution in raising interest rates after policy makers last month telegraphed plans to continue lifting rates at their fastest pace ...
Markets See 0.75 Percentage Point Hike At November Fed Meeting
Jerome Powell, chairman of the US Federal Reserve, speaks during a Fed Listens event in Washington, … [+] D.C., US, on Friday, Sept. 23, 2022. The Fed is expected to set interest rates again on ...
Dow Closes Worst September In 20 Years, Stocks Plunge As Bear Market Roars
Topline Markets sank Friday to close a historically bad month and quarter, with the Dow Jones Industrial Average closing 22% below its January 5 peak, as investors continue to fret over tighter moneta...
Fed on Path for Another 0.75-Point Interest-Rate Lift After Powell’s Inflation Pledge
Updated Sept. 7, 2022 10:29 am ET Listen to article (2 minutes) The Federal Reserve appears to be on a path to raise interest rates by another 0.75 percentage point this month in the wake of Chairman ...
Federal Reserve’s FedNow payments system will be live within a year, says Brainard
The Federal Reserve is getting closer to delivering its much-anticipated instant payments system, FedNow. In a virtual speech on August 29, Fed Vice Chair Lael Brainard announced: “We will be r...
Fed’s Mester says half-point rate hikes are needed to fight inflation
Cleveland Federal Reserve President Loretta Mester said Friday that she doesn’t see ample evidence that inflation has peaked and thus is on board with supporting a series of aggressive interest ...
Fed Vice Chair Lael Brainard says it’s ‘very hard to see the case’ for the Fed pausing rate hikes
Federal Reserve Vice Chair Lael Brainard said Thursday that it’s unlikely the central bank will be taking a break from its current rate-hiking cycle anytime soon. Though she stressed that Fed po...
Fed’s Waller sees likelihood of multiple half-point interest rate hikes ahead
Getting inflation under control will require raising interest rates at a faster pace than normal even though the pace of price increases probably has peaked, Federal Reserve Governor Christopher Walle...
What’s Behind The Recent Dow Jones Stock Market Performance?
getty Key takeaways Last week, the stock market declined following the release of the Federal Reserve’s March meeting minutes The Dow Jones Industrial Average kicked off this week with additional loss...
Here’s a look at inflation-fighting pros, cons of Fed raising rates
A customer shops at at a grocery store on February 10, 2022 in Miami, Florida. The Labor Department announced that consumer prices jumped 7.5% last month compared with 12 months earlier, the steepest ...
Key people from the Fed just spooked the markets — here’s what they said
If there was any question about where the Federal Reserve stands on the key issue of the day — inflation — two important officials brought even more clarity on Tuesday. Fed Governor Lael Brainard and ...
Fed’s Brainard Mentions Use-Cases for a US CBDC
While so far, the US Federal Reserve doesn’t know whether it will issue its own central bank digital currency (CBDC), Lael Brainard, Federal Reserve Board Governor, on Friday highlighted several reaso...
Will Circle And Tether Reign Supreme? Federal Reserve Predicts Stablecoin Issuer Duopoly
Federal Reserve Governor Lael Brainard, nominated by President Biden to be the Vice Chair of Supervision at the Fed, issued a warning Friday about the rapid growth of stablecoins. Before the 2022 U.S....
Fed releases long-awaited study on a digital dollar, but doesn’t take a position yet on creating one
Federal Reserve Board Chairman Jerome Powell speaking at a re-nomination hearing of the Senate Banking, Housing and Urban Affairs Committee, on January 11, 2022, in Washington, DC. Pool / Getty The Fe...
Biden to nominate Sarah Bloom Raskin as vice chair for supervision at Fed
Sarah Bloom Raskin, in her role as Deputy Treasury Secretary at the Treasury Department in Washington, October 2, 2014. Yuri Gripas | Reuters President Joe Biden will nominate Sarah Bloom Raskin to be...
Fed Vice Chair Clarida to step down early following scrutiny over his trades during pandemic
Federal Reserve Vice Chairman Richard Clarida said Monday he will be leaving his post with just a few weeks left on his term and amid revelations regarding his trading of stock funds. In an announceme...
Watch Fed Chair Jerome Powell testify live at his Senate confirmation hearing
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell testifies Tuesday before the Senate Banking...