Top Fed Official Sees Inflation Decline as Notable Improvement

[ad_1] A top Federal Reserve official said the recent decline in inflation was an important development that could raise questions over the extent to which the Fed needs to cool…

FTX Says It Has Located More Than $5 Billion in Cash, Liquid Assets

[ad_1] Bankrupt cryptocurrency exchange FTX said it has located more than $5 billion in cash and other liquid assets and is hoping to sell hundreds of additional holdings with a…

Fed Official: ‘We Have a Lot More Work to Do’ to Bring Inflation Down

[ad_1] A Federal Reserve official said job growth will need to slow and the labor market will have to weaken somewhat for the central bank to have confidence that inflation…

Richmond Fed’s Tom Barkin Says Inflation Fight Isn’t Over

[ad_1] The Federal Reserve’s fight against inflation isn’t over even though price-pressure readings have moved in the right direction recently, Federal Reserve Bank of Richmond President Tom Barkin said. The…

Fed Official Sees Progress on Inflation, Says More Rate Rises Needed

[ad_1] The Federal Reserve’s short-term benchmark rate isn’t yet at a level high enough to sufficiently slow the U.S. economy to combat high inflation, but it should get there this…

Fed’s Kashkari Sees Rates Rising to 5.4%

[ad_1] Minneapolis Fed President Neel Kashkari said he expects the Federal Reserve will need to raise interest rates by another percentage point over the next few months, despite signs that…

Retiring Fed President Challenged the Consensus Inside Central Bank

[ad_1] The Federal Reserve is set to lose one of its more diligent skeptics when Esther George, president of the Federal Reserve Bank of Kansas City, retires next month. Ms.…