Fed decisions distorted by ‘phantom inflation’, says Stephen Miran

Federal Reserve governor Stephen Miran has said that “phantom inflation” is distorting the US central bank’s decision-making and causing it to keep interest rates too high.

Fed's Miran: Current inflation not reflective of supply and demand in the economy

Current above-target inflation does not reflect underlying supply and demand dynamics that are generating price increases much closer to the central bank's 2% target, Federal Reserve Governor Stephen Miran said on Monday,

For Banks, the Fed's Next Balance Sheet Moves May Matter More Than Rate Cuts

The Federal Reserve’s next moves on the size of its balance sheet could matter for banks as much or more than its rate decisions, says Heard on the Street columnist Telis Demos. The Fed sai

Fed Officials Break Silence; Still Divided About Future Of Interest Rates

Three members of the Federal Reserve's policy committee discussed interest rates on Friday, and fittingly, given the divisions on the committee, had three different views on where it should go.

With Fed independence in crosshairs, will Supreme Court back Trump again?

The court has cited what it calls unique qualities that distinguish the Federal Reserve from other agencies and leave it independent of direct presidential control.

Fed: Will AI be a labor productivity booster or worry in 2026?

After the Federal Reserve voted to cut interest rates by 25 basis points at its December FOMC meeting on Wednesday, Fed Chair Jerome Powell signaled a rate pause to come in 2026 as officials digest incoming economic data.

Will borrowers see lower rates? What the Fed's interest rate cut means for you

If the Fed holds interest rates steady as a means of protecting against inflation, it risks a deeper slowdown of the labor market. On the other hand, by lowering rates to stimulate hiring, the Fed threatens to boost spending and worsen inflation.

Fed's Collins says supported rate cut but it was a 'close call'

Federal Reserve Bank of Boston President Susan Collins said Monday a changing inflation outlook tilted her toward supporting last week’s central bank interest rate cut.

With the Fed’s latest rate cut, these mortgage lenders can fuel your refinance plans

With the Fed’s third rate cut this year, refinancing your mortgage at a 0.50% lower rate can save you over $40,000. Here are the best lenders to choose from.
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