Why the December Jobs Report Dashed Hopes for Another Fed Rate Cut
If you've been waiting for borrowing costs to fall for credit cards, car loans or mortgages, your wait just got longer.
Investopedia29d
Federal Reserve Bank of Chicago: Role and Responsibilities
Investopedia / Candra Huff The Federal Reserve Bank of Chicago is one of 12 reserve banks in the Federal Reserve System (FRS). The bank is responsible for the seventh district, whose territory ...
Fed's Goolsbee: Rates should go down if conditions are stable and there is no uptick in inflation
In an interview with CNBC on Friday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said if conditions are stable and there is no uptick in inflation, with full employment, rates ...
Top Federal Reserve bank regulator, under fire from GOP, to step down next month
The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation ...
December jobs report: Big 256,000 gain fans inflation fears and Fed rate-cut doubts
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
NBC Chicago1mon
Federal Reserve is likely to cut interest rates next week. Here's what that means for you
The Federal Reserve is likely to cut interest rates for ... So far, the central bank has moved slowly as they recalibrate policy after swiftly hiking rates when inflation hit a 40-year high.
Federal Reserve officials at December meeting expected slower pace of rate cuts ahead
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the ...