Not All Fed Officials Wanted to Raise Interest Rates in July, Minutes Show
Most members of the Fed were concerned at their last meeting about "significant upside risks" to inflation.
Most members of the Fed were concerned at their last meeting about "significant upside risks" to inflation.
President Biden has signed an executive order designed to prohibit Americans from investing in some Chinese companies.
Federal Res of NY Pres. John Williams sees need to keep US monetary policy restrictive for some time. Interest-rate cuts may be warranted next year.
Fitch Ratings downgraded the credit scores of Fannie Mae and Freddie Mac to AA+ from AAA, a day after it cut the US sovereign credit rating.
US sovereign rating may have slipped but Treasuries remain a buy. That’s the prognosis of strategists.
Fitch downgraded the US government's top credit rating Tuesday from AAA to AA+ and provoked widespread response in Washington.
Austan Goolsbee said that he hasn't made up his mind about whether to raise interest rates or stop hiking at Fed's next policy meeting in September.