News

Philadelphia Fed Manufacturing Index: Activity Remained Weak In June
The index was unchanged at -4.0, marking the third straight negative reading. The latest reading was worse than the forecast ...
Could the Federal Reserve lower interest rates and mortgage rates? Analysts weigh in
The Chicago fed CEO in a Des Moines visit says mortgage rates could come down in nine to 12 months. Other experts aren't so ...
The Fed held interest rates steady, but some credit card APRs keep going up. Here's why
Although the Federal Reserve hasn’t moved its benchmark since December, the average card rate keeps edging higher.
The Fed is set to make its next rate decision today. Here's what to expect.
The Federal Open Market Committee — the 12-member group that sets rate decisions — will meet on June 17-18. The FOMC's decision will be announced on Wednesday, the second day of the meeting.
Fed holds key rate steady, still sees two more cuts this year
The Federal Reserve on Wednesday released its decision on interest rates following its two-day meeting this week.
Chicago Fed chief: Iowa, with its manufacturing and ag jobs, highly affected by tariffs
The head of the Chicago Federal Reserve says tariffs cast uncertainty over Iowa's economy due to its reliance on agriculture and manufacturing.
Crain's Chicago Business14d
Chicago Fed president goes hunting for inflation clues in the heartland
On-the-ground insights have become especially valuable over the last few months as uncertainty about trade and other policies cloud the outlook for inflation.
Fed's Harker says rate cuts this year still possible, amid data quality worries
As he heads toward retirement at month’s end, Philadelphia Federal Reserve President Patrick Harker says interest rate cuts ...
Wisconsin Farmer3d
Bankers in Wisconsin, other Midwest states report more demand for loans, lower repayment rates
Wisconsin farmers and producers across the Midwest had more debt and less capital to start the year, increasing the stakes ...
Fed expected to hold interest rates steady, defying Trump
The Fed, an independent federal agency, is widely expected to continue its defiance of Trump. Investors peg the chances of a decision to leave rates unchanged at 99.9%, according to the CME FedWatch ...