Federal Reserve

Fed's Williams, Unfazed by China, Sees 3-5 Rate Hikes This Year

San Francisco Federal Reserve President John Williams said Monday he is unfazed by the weak economic data out of China that has spooked Wall Street, and sees three to five U.S. interest rate hikes this year as reasonable given the strength of the U.S. economy.

Fed's Lacker: Four Rate Hikes in 2016 Would be 'Gradual'

Federal Reserve forecasts pointing to four interest rate hikes in 2016 show what the U.S. central bank means when it says it anticipates raising rates at a "gradual pace," Richmond Fed President Jeffrey Lacker said on Friday.

General Electric’s Shrinkage is a Good Thing

GE is oh so close to becoming a growth industrial stock after years of being a stagnant one, now that the industrial giant ahead of schedule in jettisoning the bulk of GE Capital.

Gross: Fed May Have Missed Rate-Hike Window

Bond guru Bill Gross, who has long called for the Federal Reserve to raise interest rates, said on Wednesday that U.S. central bankers may have missed their window of opportunity to hike rates earlier this year and doing so now could create "self-inflicted" instability.

Fed's Kocherlakota: Don't Touch Interest Rates Yet

In an interview with FBN, Minneapolis Fed Chairman Narayana Kocherlakota said the central bank should maintain near-zero interest rates this year and consider the possibility of additional quantitative easing.