Maryland town swears in first Black council members in 200-year history
A Maryland town swore in Black lawmakers Monday for the first time in its 200-year history.
1970-01-01 08:00
Fed's Mester says one more U.S. rate hike may be needed
By Michael S. Derby NEW YORK Federal Reserve Bank of Cleveland President Loretta Mester said Monday that the
1970-01-01 08:00
Fed chief Powell has warned of economic pain. In York, Pa., he heard all about it
By Howard Schneider YORK, Pennsylvania After helping build a floor under the economy during the pandemic only to
1970-01-01 08:00
Fed's Barr says his focus is on how long to hold rates high
Federal Reserve Vice Chair for Supervision Michael Barr on Monday said the U.S. central bank should proceed "carefully"
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Fed's Powell: Economy still working through the impact of the pandemic
By Howard Schneider YORK, Pa. The U.S. economy is still dealing with the aftermath of the COVID-19 pandemic,
1970-01-01 08:00
Fed's Bowman: Expects it to be appropriate to raise rates further
Federal Reserve Governor Michelle Bowman on Monday said she remains willing to support another increase in the central
1970-01-01 08:00
Going to food banks. Canceling after-school activities. How federal workers will manage a government shutdown
Several million federal employees will stop being paid if lawmakers cannot agree on funding the federal agencies by the start of the coming fiscal year on October 1. Hundreds of people wrote to CNN to express their views about the looming shutdown.
1970-01-01 08:00
Government shutdowns aren't really shutdowns. But they are a bad deal for everyone
A "government shutdown" -- as we've come to define it -- is expected if lawmakers can't agree to pass a spending bill. But most of the government, as it touches people's everyday lives, will continue to churn.
1970-01-01 08:00
Fed doves, Fed hawks: US central bankers in their own words
The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy
1970-01-01 08:00
Fed's Williams says central bank may be done with rate rises
By Michael S. Derby NEW YORK Federal Reserve Bank of New York President John Williams said Friday the
1970-01-01 08:00
Dips in core and "supercore" inflation could bolster a Fed hold
By Howard Schneider WASHINGTON A measure of inflation closely watched by the Federal Reserve has now averaged near
1970-01-01 08:00
Explainer-Charting the Fed's data flow
By Howard Schneider The Federal Reserve held its benchmark overnight interest rate steady at its Sept. 19-20 policy
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