Boston Fed names new board of directors
The Federal Reserve Bank of Boston has named its 2025 board of directors, led by Roger W. Crandall, chief executive of ...
MassMutual CEO takes chair role at Boston Federal Reserve
The Federal Reserve Board has named Roger Crandall as chair of the Boston central bank, the board said in a news release Monday. Crandall succeeds Corey Thomas, whose term ended Dec. 31. The chairman ...
Why the December Jobs Report Dashed Hopes for Another Fed Rate Cut
If you've been waiting for borrowing costs to fall for credit cards, car loans or mortgages, your wait just got longer.
Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last ...
December jobs report: Big 256,000 gain fans inflation fears and Fed rate-cut doubts
The surprising 256,000 increase in new jobs in December and a declining unemployment rate is good news, but the latest ...
Crain's Chicago Business3d
Chicago Fed chief says jobs data shows labor market stabilizing
Austan Goolsbee stuck by his call that interest rates will be a “fair bit lower” over the next 12 to 18 months as long as ...
Fed's Goolsbee: Rates should go down if conditions are stable and there is no uptick in inflation
In an interview with CNBC on Friday, Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee said if conditions are stable and there is no uptick in inflation, with full employment, rates ...
New Year, New Fed: What the FOMC Rotation Could Mean for Interest Rates
The Federal Reserve's policy committee is changing for 2025, and the turnover could affect the central bank's decisions on setting interest rates.