Interest rate hikes and balance sheet reduction shrink net income for the central bank.
Tagged: Federal Reserve Board (FRB)
Inflation must hit its 2% goal for Fed to reduce rates.
Bankers from around the nation participate in Redlining the Reservation webinar.
Decision on interest rate reductions will be assessed on a month-to-month basis, as Powell expresses growing confidence in inflation control.
The Democratic U.S. Senator and three of her colleagues are asking the Fed to lower interest rates this week.
Federal Reserve leaves the door open for increases.
While the Shelter Index remains high, experts see an opportunity for a decrease in mortgage interest rates.
Despite mounting pressures, the central bank remains cautious as housing and mortgage sectors show signs of stagnation.
Despite recent drops in inflation, Powell hints at potential rate hikes; emphasizes the need for a stable economy amidst accelerated growth risks.