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 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."

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.

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.

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.

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 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.