News

Federal Reserve taps Michael Horowitz as new inspector general
The Federal Reserve appointed Michael E. Horowitz to lead the U.S. central bank's Office of Inspector General starting June 30, 2025 ...
'Moderately restrictive' monetary policy is still appropriate, Fed's Harker says
The Federal Reserve's monetary policy is "moderately restrictive, and I think that's appropriate," Philadelphia Fed President ...
Fed’s Harker says rate cuts this year still possible
Philadelphia Federal Reserve President Patrick Harker, who is set to retire at the end of June, has stated that interest rate cuts could be a possibility this year, given the current economic ...
Fed's Harker says rate cuts this year still possible, amid data quality worries
As he heads toward retirement at month’s end, Philadelphia Federal Reserve President Patrick Harker says interest rate cuts ...
Solid Report Bolsters Fed’s Patient Approach to Interest Rate Cuts
A solid jobs report in May has reinforced the Federal Reserve’s stance that it can take its time before restarting interest ...
Trump presses Powell for a full-point interest rate cut despite strong jobs report
President Donald Trump on Friday urged Federal Reserve Chairman Jerome Powell to slash interest rates by a full percentage ...