Federal reserve

Investors mull Federal Reserve's latest interest rate hike

CBS News business analyst Jill Schlesinger and J.D. Durkin, host of "The Street," join Errol Barnett and Elaine Quijano to discuss this week's market movers on Wall Street.
7 hours ago - Home - CBSNews.com - Top stories - Federal reserve

Federal Reserve/ECB: credit tightening has not yet done its worst

Trend of using expensive high-yield bonds to refinance the disappearing supply of bank loans has begun
Mar. 23, 2023 - World - World - Federal reserve

Impact of Federal Reserve raising interest rates amid banking turmoil

The Federal Reserve raised interest rates another quarter-point in an effort to ease inflation. In the U.K., the Bank of England also raised rates. CBS News contributor and Axios managing editor for business and markets Javier David discusses the ...
Mar. 23, 2023 - Home - CBSNews.com - Top stories - Federal reserve

Federal Reserve hikes interest rate 0.25 point despite banking turmoil

The Federal Reserve is raising its key interest rate 0.25 percentage point. Jeanna Smialek, a Federal Reserve and economy reporter for The New York Times, joined John Dickerson on Prime Time to discuss the Fed's decision.
Mar. 22, 2023 - Home - CBSNews.com - Top stories - Federal reserve

Federal Reserve raises interest rates amid concerns over banking system

The Federal Reserve is raising interest rates again in an effort to ease inflation. The quarter-point hike comes amid increased concern over the U.S. banking system. CBS News political correspondent Caitlin Huey-Burns joins "Red and Blue" to ...
Mar. 22, 2023 - Home - CBSNews.com - Top stories - Federal reserve

Federal Reserve raises interest rates despite recent banking troubles

The Federal Reserve raised interest rates by a quarter of a percentage point, despite several recent bank failures. The Fed signaled that the wave of rate hikes may be nearing an end. Caitlin Huey-Burns takes a closer look.
Mar. 22, 2023 - Home - CBSNews.com - Top stories - Federal reserve

Federal Reserve raises interest rates by a quarter of a percentage point

The Federal Reserve raised interest rates by one quarter of a percentage point at its meeting today. CBS News political correspondent Caitlin Huey-Burns, CBS News contributor and managing editor for business and markets for Axios Javier David, and ...
Mar. 22, 2023 - Home - CBSNews.com - Top stories - Federal reserve

Federal Reserve hikes its key interest rate a quarter point

The U.S. central bank eases up its efforts to curb inflation amid concerns about banking industry risks.
Mar. 22, 2023 - Home - CBSNews.com - Top stories - Federal reserve

US Federal Reserve raises interest rates a quarter-point amid banking turmoil

Fed announces rise to a range of 4.75% to 5% – its ninth consecutive rate rise and the highest rate since 2007Facing the worst banking crisis since 2008 and the highest inflation rate in a generation, the Federal Reserve chose to keep fighting ...
Mar. 22, 2023 - The Guardian - World - Federal reserve

Here's what the Federal Reserve's 25 basis point interest rate hike means for your money

When the Federal Reserve changes its benchmark rate, everything from credit cards to savings accounts can be affected.
Mar. 22, 2023 - US Top News and Analysis - Business

US Federal Reserve raises interest rate by a quarter point – business live

US central bankers must decide whether to push on with monetary tightening, or pause rate hikes amid banking turmoilAnalysis: UK inflation rise complicates Bank of England’s interest rate decisionFull story: UK inflation rate in surprise rise to ...
Mar. 22, 2023 - The Guardian - World - Federal reserve

Federal Reserve set to make pivotal decision on interest rates

The Federal Reserve is widely expected to raise interest rates for ninth time in roughly the span of a year today. CBS News reporter Sarah Ewall-Wice joins Errol Barnett and Lana Zak to discuss what analysts are anticipating and the significance ...
Mar. 22, 2023 - Home - CBSNews.com - Top stories - Federal reserve

Sens. Rick Scott, Elizabeth Warren join forces for Federal Reserve oversight bill

Sens. Rick Scott (R-Fla.) and Elizabeth Warren (D-Mass.) on Wednesday unveiled legislation that would beef up oversight of the Federal Reserve following two high-profile bank failures. The bill would require an independent inspector general, who ...
Mar. 22, 2023 - Just In News | The Hill - Politics - Federal reserve

What to expect from today's Federal Reserve meeting

The Federal Reserve will decide whether it needs to boost interest rates again at a meeting Wednesday. Inflation still remains high, but the nation's recent banking crisis is causing concern over how the Fed should respond. CBS News senior White ...
Mar. 22, 2023 - Home - CBSNews.com - Top stories - Federal reserve

Federal Reserve to announce key interest rate decision amid ongoing banking turmoil

The Federal Reserve will announce its interest rate decision after several recent bank failures have shaken the industry. The housing industry will be one of the most impacted by the decision. Ed O'Keefe reports.
Mar. 22, 2023 - Home - CBSNews.com - Top stories - Federal reserve

Here's everything the Federal Reserve is expected to do Wednesday

The Fed will close its two-day meeting Wednesday with a heavy air of uncertainty.
Mar. 22, 2023 - US Top News and Analysis - Business - Federal reserve

Biden White House closely watching Federal Reserve following bank failures

• Analysis: The bank panic may not be over. It all depends on the Fed • Opinion: Republicans say ESG investing is 'woke.' Here's why they're wrong
Mar. 22, 2023 - CNN.com - RSS Channel - HP Hero - Top stories - Joe biden

Federal Reserve expected to raise interest rates amid banking crisis

The Federal Reserve is expected to announce another round of interest rate hikes on Wednesday. Colby Smith, U.S. economics editor for the Financial Times, joined CBS News to discuss how the Fed's potential decision is tied to the banking crisis.
Mar. 21, 2023 - Home - CBSNews.com - Top stories - Federal reserve

Federal Reserve faces key decision on rate increase

The Federal Reserve will announce its rate decision after several recent bank failures have shaken the industry. Real estate has been among the most impacted sectors. Ed O'Keefe reports.
Mar. 21, 2023 - Home - CBSNews.com - Top stories - Federal reserve

Federal Reserve poised to hike interest rates amid banking turmoil

The Federal Reserve is expected to announce another interest rate hike when it meets this week amid a crisis of confidence in the banking industry. The Federal Deposit Insurance Corporation announced over the weekend that it sold a huge portion of ...
Mar. 20, 2023 - Home - CBSNews.com - Top stories - Federal reserve

Inflation fight moves to Congress as bank failures limit Federal Reserve

One major consequence of the Silicon Valley Bank (SVB) and Signature Bank failures is that the fight against historic inflation will shift primarily to Congress from the Federal Reserve. The recent banking turmoil has curtailed the Fed’s ability ...
Mar. 20, 2023 - Just In News | The Hill - Politics - Federal reserve

Federal Reserve and Global Central Banks Act to Shore Up Dollar Access

America’s central bank and its counterparts around the world are rushing to cushion markets against the impact of bank problems.
Mar. 19, 2023 - NYT > Top Stories - Top stories

US Federal Reserve and other central banks try to head off crisis by keeping dollars flowing

• UBS is buying Credit Suisse in bid to halt banking crisis • Opinion: The SVB collapse doesn't have to be the first in a chain of many • Video: Will UBS move stave off panic? Economy reporter weighs in
Mar. 19, 2023 - CNN.com - RSS Channel - HP Hero - Top stories

Warren argues Federal Reserve interest rate hikes should stop

Sen. Elizabeth Warren (D-Mass.) on Sunday argued that the Federal Reserve should stop hiking interest rates in an effort to control high inflation. “I do not think he should raise rates,” Warren said of Federal Reserve Chair Jerome Powell on ...
Mar. 19, 2023 - Just In News | The Hill - Politics - Federal reserve

Elizabeth Warren: Jerome Powell has ‘failed’ as Federal Reserve chair

Sen. Elizabeth Warren slammed Federal Reserve Chair Jerome Powell in an interview with NBC News' "Meet the Press" Sunday, saying he "has failed" in his duties.
Mar. 19, 2023 - NBC News Politics - Politics - Federal reserve