Federal Reserve
21 articles

Stock market braces for midterms, earnings and jobs data
A packed calendar of US midterm elections, corporate earnings and jobs data meets an AI-wary stock market, while Europe's growth slows and Lagarde's exit looms.

Hawkish Fed Risk Grows as GDP Beats and Inflation Accelerates
Third-quarter GDP grew 3.4% and September inflation picked up, while Kevin Warsh keeps Wall Street guessing on a possible December hike. Here is what it means.

FOMC statement: Warsh says US economy isn't running too hot
Fed Chair Warsh said after the October FOMC statement that the US economy is not running too hot. Here is what that framing signals and what to watch next.

Hawkish Fed Bets Build as Stocks Rally Into FOMC Decision
Wall Street closed higher on renewed AI enthusiasm as oil held near April highs and a CNBC survey pointed to Fed rate hikes ahead, just not at this week's meeting.

US-Canada Tariff Talks Add a Wrinkle to the Next FOMC Statement
US and Canada are reportedly working on a deal to ease steel and auto tariffs. Here is why that matters for the Fed's inflation read and its next FOMC statement.
Bowman in Bangkok: Supervisory Modernization After SVB
Bowman used a Bangkok speech to the Reinventing Bretton Woods Committee to address supervisory modernization after Silicon Valley Bank. Here is what is known and what to watch.

Bowman speech on SVB review: supervisors knew nine months early
In Bangkok, Fed Vice Chair Michelle Bowman cited an independent SVB review that found missed supervisory action and called for clearer decision rights.

Fed Discount Rate Minutes Are Out, Distinct From FOMC Minutes
The Fed released minutes of Board discount rate meetings from August 17, September 9 and September 16, 2026. Here is what the release is and how it differs from FOMC minutes.

Hawkish Fed: Discount Rate Minutes Show Banks Pushed a Hike
Minutes of the Fed's August and September discount rate meetings show Reserve Bank requests for a higher rate grew from two to seven before the September hike.

FOMC minutes for September 15-16 meeting: what to look for
The Fed released FOMC minutes from its September 15-16, 2026 meeting. Here is what the release is, why it matters, and which signals readers should check first.
Hawkish vs. dovish: reading the language of a hawkish Fed
What hawkish and dovish mean at the Federal Reserve, how to spot each in FOMC statements, Fed testimony and the dot plot, and why the labels can mislead.

FOMC minutes vs. the statement: what each tells you
How FOMC minutes differ from the FOMC statement: timing, content, authorship, what participants' views reveal, and how to read the two documents together.

Discount window modernization: Jefferson links it to Treasuries
Vice Chair Jefferson said Fed discount window upgrades, including a portal now used for over 60% of loan requests, support banks and Treasury market liquidity.
Hawkish Fed Raises Rates to 3.75%-4% in Unanimous September Vote
A hawkish Fed raised the federal funds range a quarter point on Sept. 16, 2026, and new projections put the 2026 median rate at 4.1% and PCE inflation at 3.7%.

How an FOMC meeting works, from the agenda to the FOMC statement
A plain-English guide to how an FOMC meeting works: who votes, how often the committee meets, what is released afterward, and how decisions reach the public.
Hawkish Fed pressure: four Reserve Banks sought a higher discount rate
Board minutes show four Reserve Bank boards backed a 4% primary credit rate in July, yet the Board held at 3.75% and left the interest on reserves at 3.65%.
FOMC Minutes for July 2026 Detail the Case for a Rate Hike
July 2026 FOMC minutes, released August 19, show many participants saw inflation risks skewed to the upside as three voters dissented in favor of a rate hike.

Fed testimony: Warsh sets up five task forces on policy
In his first semiannual Fed testimony, Chairman Warsh pledged to restore price stability and named five task forces on communications and the balance sheet
June 2026 Dot Plot: Fed Projects Higher Inflation, Steady Rates
The June 2026 dot plot put the 2026 median fed funds rate at 3.8% as the Fed raised its PCE inflation forecast to 3.6% and held rates at 3.50% to 3.75% again.
FOMC Minutes Show Doubts Over the Easing Bias in April 2026
April 2026 FOMC minutes, released May 20, show almost all participants saw high Middle East uncertainty and many feared inflation could last longer than hoped.
FOMC Statement, April 2026: A Hold With Four Dissents
The April 29, 2026 FOMC statement kept rates at 3.50% to 3.75%, but four dissents split both ways: one for a cut and three against the statement's easing bias.