BlackRock warns that investors are making a mistake by betting on the Fed to cut rates
The expectation for cuts would be consistent with a recession and an accompanying fall in inflation.
Fed poised to approve quarter-point rate hike next week, despite market turmoil
Chairman Jerome Powell and his fellow central bankers will want to signal that it's important to continue the fight to bring down inflation.
One year after the first rate hike, the Fed stands at policy crossroads
The Fed in some ways is both closer and further away from its goals when it first started raising rates.
European Central Bank hikes rates despite market mayhem, pledges support if needed
Some market players questioned whether President Christine Lagarde would proceed with a hike, given recent shocks in the banking sector.
Long-awaited Fed digital payment system to launch in July
FedNow creates "a leading-edge payments system that is resilient, adaptive, and accessible," said Richmond Fed President Tom Barkin.