Craig Torres

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Powell Says Fed Patient On Rate Hikes But Will Act If Needed

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Higher interest rates may be coming whether or not the Fed chooses to raise its benchmark rate.

Warren Asks SEC To Investigate Trading By Fed Officials

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Two regional Fed chiefs recently resigned following revelations about their trading activity last year.

Warren Says She Opposes ‘Dangerous Man' Powell For Second Term As Fed Chair

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Sen. Elizabeth Warren says Fed Chair Jerome Powell has made the U.S. banking system less safe.

Kaplan Steps Down As Dallas Fed Chief, Hours After Rosengren

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Two regional Fed presidents are retiring after embarrassing revelations about stock trading.

Fed's Kaplan, Rosengren To Sell All Stocks Amid Ethics Concerns

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They both said they'd invest the proceeds of their sales in diversified index funds or hold them in cash.

Fed Faces 'Ugly Fight' Over Jobs Goal In Next Big Policy Debate

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The Fed's attention will eventually turn to when they will hike rates for the first time since 2018.

Fed Minutes Show Most Officials See Taper Starting This Year

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Fed policy makers have differed publicly in recent weeks over when the central bank should start tapering.

Powell Says Achieving 'Substantial Further Progress' A Ways Off

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Critics say that ultra-easy monetary policy alongside massive government spending is overheating the economy.

Fed Officials Saw Progress Toward Taper Move, Minutes Show

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The June meeting marked a turn in the central bank's comfort with inflation risks amid heightened price pressures.

Powell Says Inflation From Reopening Larger Than Expected

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The Fed chair also said that inflation could be more "persistent" than expected.

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