Federal Reserve

Bank of America CEO Brian Moynihan expressed concern on Sunday that if the US did not begin decreasing interest rates soon.

August 12, 2024

Business

Bank of America CEO Warns of Potential Consumer Disillusionment

Elon Musk has publicly asked the Federal Reserve to lower interest rates, blasting it for not doing so earlier.

August 5, 2024

Business

Elon Musk Urges Federal Reserve to Cut Interest Rates

Fed's defense of inflation target amid calls for policy overhaul

May 4, 2024

Business

Fed’s defense of inflation target amid calls for policy overhaul

Federal Reserve officials left their policy conference in late January in quest of "greater confidence" that inflation was on a tolerable downward path, a notably squishy standard they set for resolving when the U.S. central bank might begin cutting interest rates.

March 20, 2024

Business

Federal Reserve seeks ‘greater confidence’ in inflation trend

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