Central bank maintains current rate range as officials debate future monetary policy direction ahead of leadership transition.
Former Fed governor emerges as leading candidate as markets anticipate leadership transition at central bank.
The April 30-May 1 FOMC meeting maintained current policy as officials weigh inflation concerns against economic headwinds.
Current Fed Chair Jerome Powell's term expires in February 2026, as Trump considers potential nominees for the position.
The Federal Reserve Board on Wednesday invited public comment on a proposal that would allow U.S. banks and credit unions to use intermediaries to transfer funds through the FedNow Service.
Hyperscale Data forecasts Q1 2026 revenue of $43-45 million, up from $25 million year-over-year, pending subsidiary recovery.
Cleveland Fed President Beth Hammack warns central bank must remain flexible on rates amid ongoing price pressures.
Recent Fed communications suggest policymakers may delay anticipated rate reductions amid ongoing uncertainty about inflation trajectory.
Consumer expectations for one-year inflation climbed to 3.1% in February, reflecting concerns about persistent price pressures.
Goldman Sachs and Barclays raise 2026 profit expectations as AI productivity gains accelerate corporate efficiency.
Fed governors Bowman and Logan deliver diverging speeches on interest rates ahead of Friday's crucial jobs report.
Economists expect modest 60,000 job gains as oil shock raises recession odds to 30%.