Federal Reserve policy decisions, interest rate changes, FOMC meetings, monetary policy analysis, and impact on the U.S. economy and financial markets.
Federal Reserve Chair Kevin Warsh has hired Paul Winfree, who authored the Project 2025 chapter calling for sweeping Fed reforms, as an advisor. The move signals potential alignment with reformist ideas.
New York Fed President John Williams said interest rates are appropriately set and he does not see persistent inflation from the Iran War. He expects inflation to peak soon but remain elevated this year, and suggested the Fed drop language signaling a rate cut.
The Federal Reserve's Beige Book survey found that inflation increased across most U.S. districts, with rising costs attributed to the conflict with Iran. Employment remained steady across the surveyed districts.
Goldman Sachs COO John Waldron estimated the Federal Reserve will cut interest rates by the end of 2026. He shared his view on equity markets during an interview on CNBC's 'Closing Bell'.
The Federal Reserve reported a slight increase in delinquency rates for consumer, commercial, and residential real estate loans in 2025. Loan growth remained steady, indicating a gradual deterioration in credit quality rather than a sharp spike.
Federal Reserve Governor Michelle Bowman cautioned against raising interest rates in response to the current inflation spike, arguing that reacting to temporarily elevated energy prices would add unwarranted policy restraint. She spoke in Reykjavík on May 29, as the PCE price index rose 3.8% in April, though the Dallas Fed's trimmed mean index suggests the surge is narrow and energy-driven.