Former Federal Reserve Bank of St. Louis President James Bullard tells The Wall Street Journal the Fed has performed remarkably well over the past two years but faces a shifting challenge.
Treasury yields surged following the Fed's cautious outlook on rate cuts in 2025. The 2-year Treasury yield, closely tied to Fed rate expectations, rose to 4.352 percent from 4.239 percent on Tuesday.
A new year brings new goals. But studies have shown that most people don’t tend to uphold their New Year’s resolutions much ...
President-elect Donald Trump and Federal Reserve Chair Jay Powell have clashed before, and there is a chance they could do so ...
Trump and Fed Chair Powell tensions grow as Trump's 2025 economic agenda challenges Fed policies and independence.
The website had nearly 15 million users last year, and it is on track for even more in 2024, up from fewer than 400,000 as ...
James Bullard, who ended a 15-year term as president of the St. Louis Fed in 2023, told CNN that criticism the Fed pegged inflation as transitory in 2021 and thus was slow to act was “fair.” ...
The Fed’s main tool is its key interest rate ... and new situations by changing his mind fairly quickly,” said Bullard, who is now Purdue University’s dean of the Mitch Daniels School ...
Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US ...
In updated economic forecasts published alongside the rate decision, members of the Fed’s rate-setting committee pencilled in just two quarter-point rate cuts in 2025, down from an earlier ...
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement. But they also halved the number of ...
It had projected four cuts just three months ago. Traders watch Fed chairman Jerome Powell’s press conference in Washington. Bloomberg Shares tumbled as traders who had been counting on lower ...