Federal Reserve System – Page 34

Powell Cites ‘Real Progress’ as Central Bankers Assess Inflation Fight

Jerome H. Powell, the Fed chair, and Christine Lagarde, the European Central Bank chief, sounded optimistic about recent inflation data but reiterated the need for more confidence for rate cuts.

By Eshe Nelson and Jeanna Smialek

Banking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy

The Fed’s Preferred Inflation Measure Cools, Welcome News

The economy appears to be downshifting and price gains are moderating, as Federal Reserve officials creep closer to beating inflation.

By Jeanna Smialek

Banking and Financial Institutions Federal Reserve System Regulation and Deregulation of Industry Silicon Valley Bank Subprime Mortgage Crisis United States Economy

Banks Could Weather Even Extreme Economic Tumult, Fed Finds

The Federal Reserve for the first time tested major banks’ ability to withstand crisis scenarios — and the largest U.S. lenders stood tall.

By Rob Copeland

Building (Construction) Federal Reserve System Interest Rates Mortgages Prices (Fares, Fees and Rates) Real Estate and Housing (Residential) United States Economy

New Home Construction Slows as Mortgage Rates Remain High

Home building in May fell to its slowest pace in four years despite a supply shortage. That trend could put even greater strain on buyers.

By Danielle Kaye

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