Articles by Ann Saphir

Fed's Powell's Absence Of Specific Guidance Leaves Analysts To Fill The Gaps

After the U.S. central bank raised its policy target interest rate on Wednesday by three-quarters of a percent for the second month in a row, Federal Reserve Chair Jerome Powell did something he hasn't done since rate hikes began in March: He avoided putting exact numbers to the size of the next rate hike.

Fed's Barkin, Daly Exit Some Securities As Rules Revamped

Two Federal Reserve presidents sold or plan to sell securities in light of strict new limits on policymakers' investment portfolios, put in place after an ethics scandal last year involving trading activities of two fellow central bankers, financial disclosures published on Friday show.

Fed's Barkin, Daly Dump Stocks, Bonds After Ethics Scandal

Two Federal Reserve presidents sold or plan to sell securities following an ethics scandal last year around the investment activities of two fellow central bankers that led to strict new limits on policymakers' securities portfolios, financial disclosures published Friday show.

Fed's Evans: Another Big Rate Hike 'Reasonable' For July

Chicago Federal Reserve Bank President Charles Evans on Wednesday signaled he would likely back another big interest rate hike in July unless inflation data improves, saying the Fed's top priority is to "take the steam" out of price pressures.

Bets Rise On Bigger Fed Rate Hikes As Inflation Sears

Stubbornly hot U.S. inflation is fueling bets that the Federal Reserve will need to get more aggressive on interest rate hikes to cool price pressures, with chances of a 75-basis-point rate hike seen rising and the policy rate expected to top 3% by year end.

Fed Policymakers Map Out Shift To 'Measured' Hikes

Two U.S. central bankers say they expect the Federal Reserve to downshift to a more measured pace of policy tightening after July as it seeks to quell inflation without lifting borrowing costs so high that they send the economy into recession.

Powell's Fed Getting More Diverse, But Big Gaps Remain

By September, eight of the 18 officials who determine monetary policy for the world's biggest economy will be women and five will be people of color - both records - with more opportunities to diversify further in the months ahead.

Traders Bet Fed To Go Bigger, But Mester Says Not So Fast

With expectations for a half-percentage point rate hike at the Federal Reserve's May meeting now locked in, traders on Friday piled into bets that the central bank will go even bigger in subsequent months, but one Fed policymaker pushed back, saying a more "methodical" approach was appropriate even in the face of too-high inflation.

Fed's Evans: Half-point Hike "worthy" Of Consideration

Chicago Federal Reserve Bank President Charles Evans on Monday signaled he would not necessarily oppose getting interest rates up to a neutral setting of 2.25% to 2.5% by the end of the year, a pace that would require a couple of 50 basis-point rate hikes at upcoming Fed meetings.

Fed's Evans: Half-point Hikes Likely, Shouldn't Go Too Far

Chicago Federal Reserve Bank President Charles Evans on Monday signaled he would not necessarily oppose getting interest rates up to a neutral setting of 2.25% to 2.5% by the end of the year, a pace that would require a couple of 50 basis-point rate hikes at upcoming Fed meetings.

Fed's Evans Says 'Timely' Interest Rate Hikes Needed

The Federal Reserve needs to raise interest rates this year and next to bring down high inflation before it gets embedded in American psychology and becomes even harder to get rid of, Chicago Fed President Charles Evans said on Thursday.

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