Fed’s Kashkari Says Inflation Is Still Too High Beyond Oil After Rate Hike
Minneapolis Federal Reserve President Neel Kashkari said Sunday that inflation remains too high across the…
Category: Federal Reserve Policy
News and clear explanations of Federal Reserve policy decisions and how they affect everyday Americans. We cover Federal Open Market Committee (FOMC) interest rate decisions, inflation updates, and Fed policy changes, explaining what each decision means for mortgage rates, savings account yields, and borrowing costs. Sourced from official Federal Reserve Board releases and FOMC statements.
Philadelphia Fed Index Eases to 37.8 as Price Pressures Rise
Manufacturing activity in the Philadelphia Federal Reserve district remained firmly in expansion territory in September,…
U.S. Jobless Claims Fall 10,000 to 196,000 in Latest Week
The number of Americans filing new claims for unemployment benefits fell by 10,000 in the…
Housing Starts Fall 2.6% as Single-Family Building Jumps 7.6%
U.S. housing starts fell 2.6% in August even as single-family construction rebounded sharply, with a…
Fed’s Bowman Says Bank Stress-Test Overhaul Nears Finalization
Federal Reserve Vice Chair for Supervision Michelle Bowman said the central bank is approaching a…
Only Four States Post Significant Payroll Gains in August
Only four states recorded statistically significant increases in nonfarm payroll employment in August 2026, while…
Mortgage Rates Jump to 6.95%, Up 19 Basis Points in a Week
U.S. mortgage rates jumped sharply in the latest weekly reading, pushing the average 30-year fixed…
Dow Posts Worst Week Since March as 10-Year Treasury Reaches 5.01%
The Dow Jones Industrial Average finished its worst week since March as U.S. Treasury yields…
Bowman Says Fed Knew of SVB Risks by March 2022
Federal Reserve supervisors knew, or should have known, about major vulnerabilities at Silicon Valley Bank…
U.S. Industrial Production Stalls as Manufacturing Falls 0.3%
U.S. industrial production was essentially unchanged in August as factory output fell 0.3%, while stronger…
Fed Raises Interest on Reserve Balances to 3.90% as New Policy Takes Effect
The Federal Reserve’s new interest-rate settings took effect Thursday, September 17, raising the interest rate…
Dow Drops 1.21% After Fed Hike as S&P 500 Falls 0.45%
U.S. stocks closed lower Wednesday after the Federal Reserve raised interest rates for the first…
Fed Raises 2026 Growth Forecast to 2.3% as Inflation Outlook Worsens
Federal Reserve officials raised their outlook for U.S. economic growth while also projecting slightly higher…
Gold Rebounds Above $4,300 After Fed Hike and Treasury Yield Jump
Gold rebounded above $4,300 an ounce early Thursday after suffering a sharp reversal following the…
Fed Raises Rates to 3.75%-4% in First Increase Since 2023
WASHINGTON — The Federal Reserve raised interest rates by a quarter percentage point Wednesday, lifting…
Fed Rate Decision: Retail Sales Jump 1.2% as Fed Hikes Rates to 4%
WASHINGTON — The Federal Reserve raised interest rates by 25 basis points to 3.75%–4.00% Wednesday,…
U.S. Emergency Oil Reserve Falls to 285M Barrels, Lowest Since November 1982
The U.S. Strategic Petroleum Reserve has fallen to 285.36 million barrels of crude oil, pushing…
Physical Oil Cargoes Top $130 as Saudi Supply Disruptions Deepen
Some physical crude oil cargoes in Europe traded above $130 a barrel Tuesday as the…
New York Factory Gauge Drops to 7.6 as Price Pressures Rise
New York manufacturing growth slowed sharply in September while factory price pressures increased, giving Federal…
Fed Rate Decision: Fed Hikes Rates to 3.75%-4.00% as New Dot Plot Shifts 2027 Outlook
The September 16 move marked the Fed’s first rate increase since 2023 and reversed the…
Mortgage Rates Rise to 6.76% Before Fed’s September Decision
U.S. mortgage rates climbed again just days before the Federal Reserve’s September policy meeting, adding…
Inflation Outruns Pay as Real Hourly Earnings Fall 0.1% in August
U.S. workers received higher hourly pay in August, but consumer prices rose even faster, causing…
U.S. Household Wealth Jumps $12.8T to Record $195.9T
U.S. household wealth surged by $12.8 trillion in the second quarter of 2026, lifting aggregate…
U.S. Dollar Hits Two-Week High as Oil and Fed Hike Bets Surge
The U.S. dollar climbed to a two-week high on Monday as another jump in oil…
Trump Says U.S. Should Have World’s Lowest Rates Before Fed Meeting
President Donald Trump intensified his pressure on the Federal Reserve days before its September policy…
Goldman, JPMorgan and HSBC Now Expect a September Fed Rate Hike
Goldman Sachs, JPMorgan and HSBC now expect the Federal Reserve to raise interest rates by…
Consumer Sentiment Falls to 47.8 as Inflation Expectations Hit 4.6%
U.S. consumer sentiment fell sharply in early September as households grew more worried about their…
Saudi Oil Pipeline Attack Raises New Inflation Risk Before Fed Decision
Saudi Arabia has shut down its East–West oil pipeline after multiple attacks, adding a new…
Kevin Warsh Faces Defining September Fed Test as Inflation Stays High
Kevin Warsh is heading into the Federal Reserve’s Sept. 15–16 meeting with a decision that…
Federal Reserve SOMA Explained: Securities Portfolio, Operations, and Monetary Policy Management
The System Open Market Account, usually called SOMA, is the Federal Reserve System’s main portfolio…