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The Fed isn't likely to pause its rate hikes anytime soon as the economy still has a lot of momentum, Vice Chair Lael Brainard says

"Right now, it's very hard to see the case for a pause," Fed Vice Chair Lael Brainard told CNBC on …

Brian Evans   


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Global shares fall as hawkish Fed signals continue to echo across financial markets

Stocks eased after more signals from Federal Reserve officials that US rates will soon rise, while …

Adam Morgan McCarthy   


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With Jerome Powell's second term, markets are betting the Fed will be more aggressive on inflation

Investors think Jerome Powell will be more hawkish than Lael Brainard – who was also up for the job…

Harry Robertson   


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Jennifer Sor   


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There's a good chance Jerome Powell will lose his job as Fed chair due to left-wing pressure, JPMorgan says

Fed Chair Jerome Powell has won praise for his handling of the economy, but left-wing Democrats may…

Harry Robertson   


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Fed punts on the creation of a digital dollar in long-awaited report on central bank cryptocurrencies

The Fed said the report wasn't intended to indicate "any imminent decisions about the appropriatene…

Natasha Dailey   


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Wyoming bitcoin evangelist Sen. Lummis wants to block Powell and Brainard's nominations to the Fed over their 'political approach' to crypto

"My faith in the Fed has been deeply shaken by its political approach to digital assets in my home …

Natasha Dailey   


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Biden backing Powell to chair the Fed is another stiff arm to progressive Democrats

For months, progressives urged Biden to pick a new Fed chair, yet didn't quite rally around Lael Br…

Ben Winck   


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Labor shortages are set to fade by the fall, Fed's Brainard says

Unemployment benefits, childcare costs, and virus fears are likely keeping Americans from seeking w…

Ben Winck   


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Fed governor says central bank will partner with MIT on possible digital currency

The program involves a "hypothetical" currency, Fed Governor Lael Brainard said, adding the central…

Ben Winck   


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Relief measures should soon prioritize long-term employment, inflation goals over stabilization, Fed official says

Detailed forward guidance and new asset-purchase strategies could help protect against a second eco…

Ben Winck   


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A digital dollar could speed up benefit payments and aid 'underbanked" Americans, says Fed Governor Lael Brainard

A CBDC could provide a foundation on which private-sector competition could flourish, says Fed Gove…

Carla Mozée   


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The stock market's fear gauge soars 17% as aggressive Fed forces investors to 'wake up to screeching hawks'

Lael Brainard and Mary Daly, considered dovish voices at the Fed, have indicated at least one rate …

Carla Mozée   


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Stablecoins could exist alongside a digital dollar as CBDCs could help secure global payments systems, Fed Vice Chair Lael Brainard says

A CBDC "could coexist with and be complementary to stablecoins and commercial bank money," Brainard…

Carla Mozée   


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Climate change is already costing the global economy - and damage will only worsen without green initiatives, Fed's Brainard says

Federal Reserve Governor Lael Brainard's comments stressing climate change come as the central bank…

Ben Winck   


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Elon Musk weighs in on the Fed's monetary policy again: 'A bad Fed decision affects the lives of everyone'

Elon Musk has spoken up on the Fed again, sparking reminders of his worries the central bank could …

Zinya Salfiti   


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Citadel boss Ken Griffin likens Fed rate hike policy to taking a course of antibiotics, says taking the foot off the brake now would be a 'mistake'

A lower-than-expected inflation rate in October has prompted some experts to say the Fed should sta…

Huileng Tan   


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The US dollar has fallen to a 3-month low after easing inflation in October dampened expectations for more big rate hikes

"The evidence is looking more and more convincing that inflation is falling," signaling softness at…

Carla Mozée   


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The Fed will hike rates once more in November and then stop because the soaring dollar risks breaking markets, market veteran Ed Yardeni says

"What's breaking is the soaring dollar. A soaring dollar has been associated in the past with creat…

Matthew Fox   


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Goldman Sachs raises its Fed rate hike forecast to 75 basis points for September as Fed officials push hawkish messages

Goldman now also sees the Fed raising its key interest rate by 50 basis points in November, higher …

Carla Mozée