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 ...
New Year, New Fed: What the FOMC Rotation Could Mean for Interest Rates
Key Takeaways The Federal Reserve policy committee's annual rotation gives more votes to "hawkish" members this year, whom ...
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 ...
CBS News25d
Federal Reserve cuts interest rates by 0.25 percentage points, but projects fewer reductions in 2025
Speaking in a Wednesday press conference, Federal Reserve Chairman Jerome Powell acknowledged that progress in driving inflation down to the central bank's goal of a 2% annual rate has been slower ...