NEW BRUNSWICK, N.J. — An overwhelming 85% of New Jersey residents are dissatisfied with how the state government is handling the cost of living and … Read more
New Jersey bill would require restaurants to disclose mandatory gratuities TRENTON, N.J. — New legislation introduced in the New Jersey Legislature would require restaurants to … Read more
A female Secret Service agent, stationed in the Atlanta Field Office, made a surprising and unauthorized move during the event. So, picture this: It’s just … Read more
MINNEAPOLIS, MN — In what is being described as the largest COVID-19 relief fraud scheme in the nation, 47 individuals have been federally charged in … Read more
LONDON (Reuters) – Investors dumped cash and bought stocks in the week to Wednesday, according to BofA Global Research, as hopes of interest rate cuts … Read more
A look at the day ahead in U.S. and global markets from Mike Dolan Surprise news of a 2%-plus print on U.S. headline inflation rate … Read more
‘I’m Ready For Merrick Garland To Go’: Comer Says He’s ‘Fed Up’ With Biden AG Harold Hutchison on June 22, 2023 Republican Rep. James Comer … Read more
A look at the day ahead in European and global markets from Anshuman Daga No pain, no gain. That seems to be message from the … Read more
(Reuters) – The U.S. Federal Reserve and the European Central Bank may both be able to execute a “relatively soft landing” that avoids a harsh … Read more
‘Higher Than We Expect’: Top Fed Official Issues Grim Prediction On Reining In Inflation Max Keating on August 1, 2022 Neel Kashkari, president of the … Read more
WASHINGTON – The U.S. Federal Reserve will need to keep raising interest rates to control inflation but the pace and final level will be shaped … Read more
By Lisa Pauline Mattackal (Reuters) – Investors and policymakers should welcome the Federal Reserve’s changing tack to provide less definitive signals on forward guidance, even … Read more
The Pelosis ‘Appear To Have Taken Advantage Of Inside Information,’ Says Former Fed Chair Gabe Kaminsky on July 28, 2022 Nancy Pelosi and her husband … Read more
By Rae Wee and Harish Sridharan SINGAPORE – As the United States pushes ahead with its steepest interest rate hikes in a generation, investors are … Read more
SHEFFIELD: Fed Scrambles To Get A Grip On Inflation While Manchin Hands Schumer A Green Spending Spree Carrie Sheffield on July 27, 2022 The Federal … Read more
NEW YORK – Federal Reserve Chair Jerome Powell on Wednesday said he has been gratified to see that financial markets have behaved in an orderly … Read more
China Tried To Plant Spies Inside The Fed And Kidnap Economist, Congress Finds Max Keating on July 26, 2022 China has carried out a sustained, … Read more
WASHINGTON – The Biden administration’s goal of cutting deficits would help the Federal Reserve in its efforts to cut inflation, a top White House economic … Read more
By Prerana Bhat BENGALURU – The U.S. Federal Reserve will opt for another 75 basis point rate hike rather than a larger move at its … Read more
By Howard Schneider WASHINGTON – Two new analyses from Federal Reserve staff have concluded that strains in the U.S. Treasury market could complicate the central … Read more
(Reuters) – With inflation in the United States running at levels not seen in four decades, market participants worry the Federal Reserve will need to … Read more
NEW YORK – Futures on the federal funds rate have increased the chances of a full percentage-point hike at the Federal Reserve meeting later this … Read more
By David Randall NEW YORK – The Federal Reserve is ignoring signs of deflation as it continues its aggressive interest rate-hike plan to combat inflation … Read more
(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari said he and his fellow U.S. central bankers are “totally united” on getting too-high inflation back … Read more
(Reuters) – The U.S Federal Reserve needs to maintain focus on bringing down high inflation even if it runs the risk of causing economic harm, … Read more
By Davide Barbuscia NEW YORK – The Federal Reserve of New York will publish monthly updates on the U.S. corporate bond market to help identify … Read more
‘Hell Of A Mess Here’: Sen. John Kennedy Tears Into Fed Chair Over The State Of The Economy Harold Hutchison on June 22, 2022 Republican … Read more
By Prerana Bhat and Indradip Ghosh BENGALURU – The Federal Reserve will deliver another 75-basis-point interest rate hike in July, followed by a half-percentage-point rise … Read more
By Lindsay Dunsmuir (Reuters) – Only about one third of the current bout of high inflation in the United States is demand driven, according to … Read more
(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Friday said he supported the U.S. central bank’s 0.75 percentage point interest-rate hike this week, … Read more
(Reuters) – The Federal Reserve, which earlier this week unveiled its biggest interest rate hike in more than a quarter of a century, on Friday … Read more
(Reuters) – Manufacturing activity in the U.S. mid-Atlantic region weakened unexpectedly in June as new orders dropped to a two-year low and goods producers’ near-term … Read more
By Rae Wee and Alun John SINGAPORE/HONG KONG – Asia’s emerging economies are better placed than most other regions to weather a bout of turbo-charged … Read more
By Shashwat Awasthi and Savyata Mishra (Reuters) – Bearish bets on several Asian currencies hit a record high in the face of rising U.S. interest … Read more
By Yousef Saba DUBAI – Most Gulf central banks followed the U.S. Federal Reserve on Wednesday, lifting their key interest rates by three-quarters of a … Read more
NEW YORK – The U.S. dollar extended its gains on Wednesday, after the Federal Reserve raised its target interest rate by three-quarters of a percentage … Read more
(Reuters) – Federal Reserve officials on Wednesday ratcheted up their forecasts for where their target interest rate will be at the end of this year … Read more
By Mike Dolan LONDON – If the U.S. Federal Reserve’s plans are changing week to week, then the concept of “forward guidance” as a policy … Read more
By Howard Schneider WASHINGTON – Eroding inflation data and fast-changing views in financial markets on Monday have opened the door to a larger-than-expected three-quarter-percentage point … Read more
MANILA – The Philippine central bank’s monetary policy actions are not tied to the decisions of the United States’ Federal Reserve, Bangko Sentral ng Pilipinas … Read more
By Pete Schroeder WASHINGTON – A Republican senator is demanding answers from the Federal Reserve Bank of Kansas City after he says it revoked a … Read more
TOKYO – Bank of Japan Governor Haruhiko Kuroda said dollar moves may not be affected much by U.S. interest rate hikes unless the pace is … Read more
(Reuters) – Federal Reserve Chair Jerome Powell will give his twice-yearly report on monetary policy to the U.S. Senate on June 22, just a week … Read more
(Reuters) – The Federal Reserve is likely to continue tightening monetary policy beyond the half percentage point interest rate hikes expected at each of its … Read more
WASHINGTON – U.S. President Joe Biden told Federal Reserve Chair Jerome Powell on Tuesday that he will give the central bank the space and independence … Read more
WASHINGTON – U.S. President Joe Biden said he and Jerome Powell will discuss inflation in a White House meeting Tuesday, and pledged to give the … Read more
NEW YORK – The Federal Reserve could pause its monetary policy tightening in September if there is an economic deterioration and inflation subsides, BofA strategists … Read more
By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland – The U.S. Federal Reserve may be forced to rethink its hawkish stance as it hikes … Read more
By Dan Burns DAVOS, Switzerland – Republican U.S. Senator Pat Toomey said Monday it is likely Michael Barr will be confirmed as the Federal Reserve’s … Read more
ATLANTA, Ga – The quick response in financial markets to tighter monetary policy offers hope that other parts of the economy may adjust more quickly … Read more