Lindsay Dunsmuir

Fed's Daly Says 50-basis-point Rate Hike Next Month Is 'Reasonable'

It would be 'reasonable' for the Federal Reserve to raise interest rates by 50 basis points next month if the economy evolves as expected, San Francisco Fed President Mary Daly said on Wednesday, as she cautioned once again that policymakers are resolute in reducing decades-high inflation.

Fed's Bowman Keeping Open Mind On Size Of Rate Rise At March Meeting

Federal Reserve Governor Michelle Bowman said on Monday that she is keeping her options open on the required size of an initial interest rate rise at the central bank's next meeting in March, a stance that indicates some divisions among policymakers on how aggressively to begin its tightening cycle.

Fed's Bowman Keeping Open Mind On Possible Half Percentage Point Rate Hike In March

Federal Reserve Governor Michelle Bowman said on Monday that she will assess incoming economic data over the next three weeks in deciding whether a half percentage point interest rate rise at the central bank's next meeting in March is needed, a stance that underscores divisions among policymakers on how aggressively to begin its tightening cycle.

Fed Set To Hold Rates Steady, Remain On Track For More Hikes

The Federal Reserve is expected to keep interest rates unchanged on Wednesday, but solid economic growth combined with rising inflation are likely to keep it on track for another two hikes this year even as President Donald Trump has ramped up criticism of its push to raise rates.