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Federal Reserve

All articles tagged with #federal reserve

business1 day ago•3 min saved

March CPI Jump Signals Inflation Unease Amid Energy Shock and Middle East Tensions

US consumer prices rose 0.9% in March to 3.3% year over year, driven by a sharp energy surge (gasoline +21.2%); core inflation gained 0.2% for the month and 2.6% year over year. The data mirror a mixed economy: Q4 2025 GDP was revised down to 0.5%, the ISM prices index jumped to 70.7 in March, and consumer confidence hit a record low, but payrolls rose by 178,000 and the unemployment rate fell to 4.3%. With inflation showing momentum and energy shocks continuing, the Fed faces a difficult trade-off between tightening to curb prices and not destabilizing the labor market, as analysts warn the next CPI could remain sturdy due to energy-driven price pressures.

via The Guardian|

#business #cpi #energy

business1 day ago•2 min saved

Fed and Treasury Convene Bank Chiefs on Anthropic Mythos Cyber Risk

Federal Reserve Chair Jerome Powell and Treasury Secretary Scott Bessent hosted a dinner for major U.S. bank CEOs to discuss cyber risks linked to Anthropic's Mythos AI model, which was rolled out in a limited capacity due to security concerns. JPMorgan’s Jamie Dimon could not attend; the meeting followed a Financial Services Forum gathering in Washington. Mythos is part of Anthropic’s Glasswing initiative, with partners including Apple, Google, Microsoft and Nvidia. Anthropic says it has been in ongoing discussions with U.S. government agencies about the model’s cyber capabilities, amid prior incidents and regulatory disputes with the DoD.

via CNBC|

#anthropic #banking #business

economy1 day ago•2 min saved

Energy surge lifts March CPI as core inflation remains restrained

March CPI rose 0.9% to 3.3% year over year, led by a 21.2% spike in gasoline and a 10.9% jump in energy from the Iran conflict; core CPI gained 0.2% for the month and 2.6% annually, signaling contained underlying inflation, with pockets of price declines in medical care, personal care, and used cars. Services excluding energy rose 0.2% and shelter 0.3%. Energy pressures eased in April after a U.S.–Iran cease-fire, and markets expect the Fed to remain patient while watching the broader inflation path toward its target.

via CNBC|

#core-inflation #cpi #economy

economy-and-politics2 days ago•22 min saved

PCE Inflation Jumps Ahead of Iran Conflict, Keeping Fed Hikes in Play

The Fed’s preferred inflation gauge rose 0.4% for a third straight month (core also +0.4%), lifting the year-over-year PCE to 2.8% and core PCE to 3.0%—still well above the Fed’s 2% target. Analysts expect near-term oil-price spikes linked to the Iran conflict to push prices higher and delay rate cuts, with the market reacting to higher rates and a softer economy if the conflict persists.

via MarketWatch|

#core-pce #economy-and-politics #federal-reserve

business2 days ago•3 min saved

Fed minutes hint at two-sided path on rates as inflation lingers

Minutes from the Fed's March meeting show some officials want to keep the option of rate hikes on the table amid persistent inflation and near-term energy-price pressures, while others push out anticipated rate cuts; the committee remains divided on the trajectory of policy.

via Axios|

#business #energy-prices #federal-reserve

business2 days ago•1 min saved

Fed Makes March 2026 FOMC Minutes Public, Clarifying Timing and Data Scope

The Federal Reserve released the minutes from the March 17–18, 2026 FOMC meeting, noting they reflect information available at the time of the meeting and are typically published three weeks after a policy decision; the minutes are available on the Fed’s website and include media contact information for inquiries.

via Federal Reserve Board (.gov)|

#business #economic-conditions #federal-reserve

economy-and-politics12 days ago•22 min saved

Powell Signals Rates Could Move Either Way Amid Mixed Economic Signals

Powell said the U.S. economy faces mixed signals: downside labor-market risks argue for keeping rates low, while upside inflation risks argue against simply staying accommodative. The Fed remains committed to returning inflation to 2%, inflation expectations look stable, and there’s no immediate rate decision due to unresolved effects from the Iran war. The Fed’s March dot plot still indicates one rate cut in 2026, underscoring uncertainty about the policy path amid opposing forces.

via MarketWatch|

#economy-and-politics #federal-reserve #inflation

business12 days ago•1 min saved

Powell Heads to Harvard for Potential Final Public Appearance as Fed Term Winds Down

Powell told a Harvard economics class that the economy is growing solidly and signaled a rate hold for now, as markets weigh a cautious policy path amid external risks. With his May term end and a stalled Senate confirmation of successor Kevin Warsh, plus investigations into Fed HQ renovations, the transition faces hurdles.

via CNBC|

#business #economy #federal-reserve

business13 days ago•2 min saved

Treasury Seeks Retraction Over FT Story on Fed Oversight Plan

The U.S. Treasury formally demanded the Financial Times retract a March story about Scott Bessent’s alleged push for tighter Federal Reserve oversight modeled on the Bank of England, disputing several claims and the headline. The Treasury says the statements are false, while the FT stands by its reporting and included Treasury responses. The episode, coming amid Trump-era pressure on the Fed and market sensitivity to the central bank’s independence, highlights ongoing tensions over monetary policy and oversight.

via theguardian.com|

#business #federal-reserve #financial-times

politics14 days ago•4 min saved

Trump's signature to appear on all new U.S. currency, Treasury breaks with tradition

The U.S. Treasury announced that President Trump’s signature will appear on all new paper currency, a first for a sitting president and a break from the usual signatures of the Treasury Secretary and Treasurer, as part of commemorations around America’s 250th birthday; the plan has drawn political debate and raises questions about the legality of depicting a living president on currency, with support and criticism from lawmakers and experts.

via PBS|

#currency #federal-reserve #politics

business15 days ago•6 min saved

Iran conflict rattles US Treasuries as liquidity fades and volatility spikes

The $30 trillion US Treasury market is showing signs of strain as the Iran war drives broader market volatility and thinning liquidity, with market depth shrinking, electronic trading disrupted, and shorter-dated notes and inflation-linked Treasuries most affected, while auctions underperform and traders reassess the Fed’s rate path.

via Financial Times|

#bond-market-liquidity #business #federal-reserve

business17 days ago•6 min saved

Wall Street Faces Rising Recession Odds Amid War and Oil Shock

Geopolitical tensions with Iran and rising oil prices have lifted recession risk expectations on Wall Street, with Moody’s Analytics at 48.6%, Goldman Sachs at 30%, Wilmington Trust at 45%, and EY Parthenon at 40%; economists warn the odds are elevated though not certain, driven by a fragile labor market and inflation pressures, while a diplomatic resolution or policy support could help avert a downturn.

via CNBC|

#business #federal-reserve #geopolitics

politics17 days ago•4 min saved

Prosecutor concedes no crime in Fed renovation after sealed hearing

The Justice Department’s probe into the Federal Reserve’s $2.5 billion renovation found no evidence of criminal conduct, with a sealed March hearing transcript showing Assistant U.S. Attorney Andrew Massucco acknowledging uncertainty about fraud while noting cost overruns; Judge Boasberg later quashed the government’s subpoenas, saying there was essentially no evidence against Fed Chair Jerome Powell, and the investigation’s momentum stalled the Senate’s consideration of a Powell replacement.

via CBS News|

#federal-reserve #investigation #politics

business17 days ago•6 min saved

Gold hits 2026 low as rate-cut bets fade amid Iran tensions and dollar rally

Gold futures slid to a 2026 low as investors priced in fewer near-term rate cuts and a stronger dollar amid Iran-related tensions and crude-energy concerns, despite Trump’s five‑day pause on strikes.

via New York Post|

#business #federal-reserve #gold

politics17 days ago•306 min saved

DOJ: No criminal evidence found against Powell in Fed HQ renovations

During a March 3 hearing, a federal prosecutor told Judge Boasberg there’s no evidence of fraud or criminal misconduct by Fed Chair Jerome Powell in the $2.5 billion Federal Reserve headquarters renovations, even as subpoenas were issued and then quashed amid questions about the case. The DOJ probe began in January amid Trump’s criticisms and concerns over Fed independence; Powell’s term ends in May, with former Fed Governor Kevin Warsh nominated to take his place, though some lawmakers want the probe resolved before confirming him. The Washington Post first reported the court remarks.

via CNN|

#doj #federal-reserve #judge-boasberg