WASHINGTON (AP) — Federal Reserve Vice Chairman Stanley Fischer is leaving the door open for a rate increase in September. He says the factors that have been keeping inflation below the Fed's …

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  • Fed Vice Chair Jefferson: Rates Could Be High for Longer
    Fed Vice Chair Philip Jefferson said in a speech prepared for delivery Tuesday that he expects inflation will decline further with the central bank’s benchmark short-term interest rate “held ...
    04/16/2024 - 2:00 am | View Link
  • When will the Fed cut rates? Maybe not in 2024, one Fed official cautions
    A Federal Reserve official on Thursday raised the possibility the central bank may ... Kashkari's comments come a day after Federal Reserve Chair Jerome Powell said the central bank is likely ...
    04/4/2024 - 10:41 am | View Link
  • Fed’s Kashkari Floats Possibility of No Rate Cuts This Year
    Federal Reserve Bank of Minneapolis President Neel Kashkari said interest-rate cuts may not be needed this year if progress on inflation stalls, especially if the economy remains robust. “In ...
    04/4/2024 - 7:56 am | View Link
  • Gold hits new record high as Fed Chair Jerome Powell stays the course on interest rate cuts
    Gold traded as high as $2,310 an ounce early Thursday morning to continue an upward trend that has seen its value surge more than 25% in the last six months – beating the S&P 500 index, which ...
    04/4/2024 - 4:15 am | View Link
  • Fed’s Kashkari Floats Possibility of No Rate Cuts This Year
    “In March I had jotted down two rate cuts this year if inflation continues to fall back towards our 2% target,” Kashkari said in a virtual event on Thursday. “If we continue to see inflation ...
    04/3/2024 - 1:00 pm | View Link
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