Hawkish Fed Comments Boost the Dollar

The dollar index (DXY00 ) rose by +0.20% on Monday. The dollar moved higher on Monday amid hawkish Fed comments. Chicago Fed President Austan Goolsbee and St. Louis Fed President Alberto Musalem said the Fed may have to hike interest rates further to restore price stability.

Fed raises rates for first time since 2023. What it means for you

Federal Reserve policymakers raised the benchmark interest rate just days after President Trump said the United States should have "the lowest interest rates in the world."

Economist warns Fed, Warsh on track for big surprise

Economist David Rosenberg warns the Fed has never avoided a recession tightening into an energy shock and says AI will not protect the economy this time.

Fed's Kashkari says inflation is still too high in 'all aspects' of US economy, in Fox News interview

By Doina Chiacu Sept 20 (Reuters) - Minneapolis Federal Reserve President Neel Kashkari said on Sunday that inflation is too high across all sectors of the US economy, not just in rising oil prices. "So even if we strip out energy,

Fed's Kashkari reportedly says inflation is still too high across the U.S. economy

"So even if we strip out energy, ​which is really ​volatile, and strip out food ... inflation is still too high," Kashkari told Fox News.

The Fed raises interest rates for the first time in over three years

The Federal Reserve raised its benchmark interest rate Wednesday to combat stubborn inflation. That will make it more expensive to borrow money to buy a car or carry a balance on a credit card.

Fed's Williams says rate-control toolkit is working well

By Michael S. Derby NEW YORK, Sept 22 (Reuters) - New York Federal Reserve President John Williams defended the US central bank's monetary policy implementation system on Tuesday, while saying it can be adjusted and tweaked in line with changes in financial markets.