Could the Fed pause next week? It’s not out of the question.
Talk about the Fed possibly pausing its rate hikes at its meeting next week has picked up.
The latest from The Fed column
Talk about the Fed possibly pausing its rate hikes at its meeting next week has picked up.
Cash-hungry banks slightly increased borrowing from the Federal Reserve for the first time in five weeks, to $143.9 billion, in a sign of lingering stress on the U.S. financial system.
There is a trend of slowing inflation and some signs of a gradual cooling in the demand for labor, said New York Fed President John Williams on Wednesday.
Lending fell after the failure of Silicon Valley Bank and businesses hired fewer people, a Fed survey found, but inflation also "appeared to be slowing."
Fed Governor Christopher Waller on Friday said that the central bank needs to continue to raise interest rates.
Chicago Fed President Austan Goolsbee said Friday that a mild recession is definitely a possibility.
Federal Reserve officials were worried at their March meeting that the recent stress in the bank sector would lower U.S. economic growth.
San Francisco Fed chief Mary Daly said the U.S. banking system is "safe and sound," but she did not offer fresh details on the failure of Silicon Valley Bank.
Philadelphia Fed President Patrick Harker on Tuesday said the Fed should raise interest rates above 5% and then pause.
The new head of the Chicago Federal Reserve said the Fed needs "to be cautious" about further increases in interest rates in light of recent bank failures.
The recent bank failures in the United States won't be such a 'big negative' on the U.S. economic outlook, said New York Fed President John Williams on Tuesday.
There are no clear signs of a credit crunch on the U.S. economy, New York Fed President John Williams said Monday.
St. Louis Fed President James Bullard on Thursday downplayed the concern over financial stress on the economy.
Cleveland Fed President Loretta Mester said her forecasts includes 'monetary policy moves somewhat further into restrictive territory' this year.
The stress in the banking sector are likely to reduce consumer spending, New York Fed President John Williams said Friday.
Banks reduced overall borrowing from the Federal Reserve for the second straight week in the aftermath of the failure of Silicon Valley Bank.
Boston Fed President Susan Collins backed the central bank's forecast that sees one more 25 basis point hike and no rate cuts until 2024.
Richmond Fed President Tom Barkin said Thursday the range of possible outcomes for the future path of interest rates is 'pretty wide.'
The ex-vice chairman of the Federal Reserve said it's unrealistic to expect the central bank to start cutting interest rates this year, as Wall Street expects.
Economists see there would be either one more 25 basis point rate hike from the Fed or that the central bank was done with raising rates.