Analysis-Hot inflation fuels case for ‘big-bang’ Fed rate hike in March
By Ann Saphir and Lindsay Dunsmuir – Pressure increased on the Federal Reserve on Thursday to take a stronger stand against inflation after an unexpectedly …
Fed
Just stop! Investors want the Fed to quit buying bonds now
By Davide Barbuscia NEW YORK -The U.S. Federal Reserve should stop buying bonds immediately to contain rampant inflation, a top investment manager at BlackRock said …
Investors gird for more hawkish Fed after sharp inflation rise
By Devik Jain, Davide Barbuscia and Chuck Mikolajczak NEW YORK – Investors were bracing for more market volatility after a sharper-than-expected rise in consumer prices …
Fed denies release of correspondence on pandemic trades made by policymakers
By Howard Schneider – The U.S. Federal Reserve, responding to a Freedom of Information Act request by Reuters, said there are about 60 pages of correspondence …
White House defends Raskin as Fed nominee
WASHINGTON – White House press secretary Jen Psaki defended Federal Reserve Board nominee Sarah Bloom Raskin on Monday as a qualified nominee amid criticism from …
Fed up Virginia mom calls out school superintendent…if masks work, why don’t they work?
PRINCE WILLIAM, VA – Virginia mom Merianne Jensen says those who support continued mask mandates for children in public schools will find out they are …
Analysis-Emerging market investors dive for stocks amid Fed storm
By Rodrigo Campos and Marc Jones NEW YORK/LONDON – Developing world investors, buffeted by various “taper tantrums” over the last decade, are now nervously watching …
Fed Chair Powell to become ‘pro tempore’ as he awaits Senate action
– Jerome Powell will become interim Federal Reserve chair on Saturday, ensuring continuity in leadership at the U.S. central bank while his renomination by U.S. …
Fed to start rate hikes with a bang? Not likely
By Ann Saphir and Howard Schneider – Bigger-than-expected U.S. job gains last month are fueling market bets that the Federal Reserve will kick off its …
Fossil Fuel Groups Slam Biden Fed Nominee For Her ‘Vendetta’ Against US Energy Companies
Several fossil fuel industry groups have lined up in opposition to a top Federal Reserve nominee, saying her preferred climate policies would be antithetical to …
Biden’s Fed nominees back U.S. inflation fight
By Ann Saphir and Lindsay Dunsmuir – The Federal Reserve’s inflation fight should be its top priority, President Joe Biden’s nominees to the central bank’s …
Biden nominee Raskin vows Fed will monitor climate risk, not dictate lending
By Pete Schroeder and Hannah Lang WASHINGTON -Sarah Bloom Raskin, President Joe Biden’s pick to be the Fed’s top bank regulator, told U.S. lawmakers on …
Senate Banking Committee Prepares For Showdown Over Fed Nominees
Chris Brunet on February 2, 2022 Three of President Joe Biden’s picks to regulate the banking industry will be grilled in front of the Senate …
Fed nominee Cook says she has been target of anonymous, untrue attacks
NEW YORK – Lisa Cook, one of President Joe Biden’s nominees to serve on the Federal Reserve board, defended her academic record and professional experience …
Senator Toomey says Fed nominee Jefferson is ‘well-suited’ to job
By Jonnelle Marte NEW YORK -One of President Joe Biden’s nominees for the Federal Reserve’s Board of Governors received a key Republican endorsement on Thursday …
Fed nominees say inflation is ‘grave threat,’ vow to fight
By Ann Saphir and Jonnelle Marte – U.S. President Joe Biden’s nominees to the Federal Reserve Board came out swinging against high inflation on Wednesday, …
Dollar to stay dominant, but big Fed push needed to climb higher: Reuters Poll
By Hari Kishan and Shrutee Sarkar BENGALURU – The U.S. dollar will reign supreme for at least another 3-6 months, a Reuters poll of strategists …
White House mobilizes ‘war room’ to boost Fed nominees as attacks pile up
By Andrea Shalal WASHINGTON – After an earlier nominee for a top U.S. banking regulation post was torpedoed, White House officials are determined not to …
As Fed fights inflation, ‘dovish’ may not define Biden’s newest nominees
By Ann Saphir and Howard Schneider – In the summer of 2005, Philip Jefferson spent several weeks learning from fellow Swarthmore College professor Amy Vollmer …
‘Hyper-Partisan’ Fed Nominee Blocks Senate Banking GOP On Twitter
Chris Brunet on February 2, 2022 President Joe Biden’s latest nominee to regulate the banking industry blocked the Senate Banking GOP Twitter account in advance …
Biden’s remake of the Fed faces key Senate vote on Feb. 15
WASHINGTON – President Joe Biden’s bid to put his mark on the U.S. Federal Reserve faces a key test in two weeks time when the …
Bostic: Fed needs to act “soon” to be sure inflation expectations stay controlled
WASHINGTON – U.S. inflation risks being pushed to a permanently higher level if the Federal Reserve does not get the current bout of price increases …
‘Extreme Left-Wing Positions’: Biden’s ‘Activist’ Fed Nominee Lisa Cook Once Supported Reparations
Chris Brunet on January 31, 2022 President Joe Biden’s nominee to regulate the banking industry has previously expressed support for economic reparations to black Americans, …
25 States Urge Biden To Rescind Fed Nominee Over ‘Radical’ Climate, Social Views
A large coalition of state financial officers announced their opposition to one of President Joe Biden’s top nominees for the Federal Reserve over her “radical” …
White House says judge Fed nominee Raskin on her credentials, not marriage
By Jeff Mason and Andrea Shalal WASHINGTON -White House press secretary Jen Psaki on Monday rejected concerns that Sarah Bloom Raskin would be unable to …
Inflation expectations stable, faster price rises may be easing -Fed data
By Howard Schneider and Jonnelle Marte – Data watched closely by the Federal Reserve showed inflation expectations remained broadly anchored through the end of last …
Chamber Of Commerce Signals Opposition To Latest Biden Fed Nominee Sarah Bloom Raskin
Chris Brunet on January 27, 2022 The largest lobbying group in the U.S. is raising concerns over President Joe Biden’s latest high-profile nominee, according to …
Republican Sen. Toomey Criticizes Biden Fed Nominees’ Lack Of ‘Experience’
Chris Brunet on January 25, 2022 The ranking member of the Senate Banking Committee is challenging President Joe Biden’s slate of nominees to the Federal …
Biden’s Fed Nominee Lisa Cook Criticized For Being Unqualified, Embellishing Resume
Chris Brunet on January 20, 2022 President Joe Biden’s latest high-profile Fed nominee is in danger of being struck down in the Senate because she …
Officer Who Stopped Gabby Petito ‘Desperately F***ed Over’ By Her Death
The police officer who handled the Utah traffic stop of Brian Laundrie and Gabby Petito said he was traumatized by the latter’s death, according to …
Fed Vice Chair To Resign Earlier Than Expected After Fraud Allegations
Federal Reserve Vice Chairman Richard Clarida announced Monday that he would step down from his position two weeks earlier than he originally planned because he …
Fed Ex driver pinched for series of home break-ins around Macon County
MACON, GA – During the last several weeks, multiple thefts have been reported in the Highlands area. Detectives with the Macon County Sheriff’s Office have …
Fed To Pivot Away From Pandemic Era Stimulus As Unemployment Falls And Inflation Soars
The Federal Reserve is likely to shift away from its pandemic era stimulus programs as inflation continues to soar and unemployment falls. The Fed, under …
Fed Inflation Experts Are About As Credible As ‘Late-Night Psychic Hotlines,’ GOP Senator Says
Republican Louisiana Sen. John Kennedy criticized Federal Reserve Chairman Jerome Powell and the central bank’s forecasters over their failed inflation projections on Tuesday. Before asking …
The Fed Could End Inflation, But Experts Say Wall Street Would Hate It
The Federal Reserve’s decision to reduce its monthly bond purchases contributed to a surge in prices, benefiting billionaires and corporations while crushing lower-income Americans, multiple …
Top Fed Governor Announces Resignation, Giving Biden Another Nomination Opportunity
Federal Reserve governor Randal Quarles announced Monday he would resign from his position in December, giving President Joe Biden another opportunity to fill a seat …
Fed Chair Powell Visits White House As Speculation Grows Around His Job
Federal Reserve Chairman Jerome Powell was seen visiting the White House Thursday, The Wall Street Journal reported. Powell’s term leading the Fed is set to …
Fed Scales Back Bond Purchases As Inflation Rises
The Federal Reserve announced Wednesday that it would begin scaling back its monthly bond purchases in November, marking the first step towards ending its pandemic …
Fed Governor Thinks Regulators Need To Tell Banks How To Deal With Climate Change
Federal Reserve Governor Lael Brainard believes financial regulators should tell banks how to tackle climate change as a way to monitor threats to the overall …
Inflation Hits Another Multi-Decade High After Fed Boosts Projection
A key economic index used by the Federal Reserve to measure inflation surged to another 30-year high in August as Americans continued to experience sticker …