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 Barkin says economy may be firming, inflation not limited to energy, tariff shocks

By Howard Schneider BALTIMORE, Sept 22 (Reuters) - US economic conditions "are, if anything, firming," with continued consumer spending and strength beyond the boom in artificial intelligence keeping the Federal Reserve's focus on inflation,

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, After Raising Rates, Grapples With What Comes Next

Kevin M. Warsh, the chairman of the Federal Reserve, on Wednesday left open-ended how much more interest rates may have to rise to tame inflation.

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,