The new US Federal Reserve Chairman Kevin Warsh says in his first major speech that inflation is too high and that measures may be necessary. The market's reaction is a sharply increased belief in a hike in the key interest rate in September.
BusinessLorie Logan - one of the Federal Reserve's (Fed) top decision-makers - wants the US interest rate raised at the Fed meeting on July 29.
BusinessChristopher Waller, a member of the Federal Reserve (Fed) board, says there could be a key interest rate hike in the US if inflation continues to trend upward.
BusinessThe U.S. economy added 172,000 nonfarm payrolls in May, according to monthly data from the U.S. Department of Labor. That was significantly more than expected and reduces the likelihood of interest-rate cuts.
BusinessStubborn inflationary pressures and now strong job figures seem to be reducing the chance that Kevin Warsh - the new head of the Federal Reserve (Fed) - can lower the key interest rate in the United States. That raises the risk of a clash with President Donald Trump.
BusinessThe Federal Reserve (the Fed) has decided to leave the United States' key interest rate unchanged at 3.50–3.75 percent, as expected.
BusinessThe US Federal Reserve (Fed) has cut its key interest rate by a quarter of a percentage point to a range of 3.50–3.75 percent, as expected. However, the Fed is cautious about future cuts.
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