Federal Reserve

Economist Conviction on Two Rate Hikes This Year Fading

The U.S. Federal Reserve will raise interest rates twice this year, most likely in June, but the probability has faded on signs of a weak start to the year, inflation that is still tame and a brittle global backdrop, a Reuters poll showed.

Fed Sees Pickup in Wage Growth

The U.S. economy continued to expand from late February to early April and low unemployment appears to be spurring an uptick in wage growth, the Federal Reserve said on Wednesday.

Inflation Tests Ahead, Currencies Often Not Cooperating

With the world economy entering a more uncertain phase and the top central banks sounding ever more cautious, attention may turn in the coming week to signs of whether years of aggressive stimulus have yielded any significant rise in inflation.

Yellen: U.S. on Track for More Hikes

The U.S. economy is on a solid course and still on track to warrant further interest rate hikes, Federal Reserve Chair Janet Yellen said on Thursday.

Fed's Bullard: U.S. Needs More Growth, Not Stimulus

The United States needs a long-term economic plan including tax and education reform to revive growth, not rely on more monetary or fiscal stimulus for a short-term boost, St. Louis Fed President James Bullard said on Wednesday.

Fed Debated April Rate Hike

Federal Reserve policymakers debated last month whether an interest rate hike would be needed in April though a consensus emerged that risks from a global economic slowdown warranted a cautious approach.

Week Ahead: Street Looks for Fed Clarity

After enduring several weeks of conflicting comments by Federal Reserve officials that whip-lashed the U.S. stock market, befuddled investors could get a dose of clarity next week on where the Fed stands on its path towards rate hikes.

March Jobs Report Gives Fed More Room to Wait

No April Fool's: The labor market has so far proved to be resilient in the face of a rough first quarter, but a lack of significant wage growth likely gives the central bank reason to wait on more rate hikes.