City Kansas City Financial News

31.12 / 15:05

COST UPS Citi Fed Rate-Setting Panel Gets New Members in 2022 Amid Rate-Rise Expectations

Federal Reserve regional bank presidents who gain votes in the new year on the central bank’s interest-rate-setting committee are likely to strongly support raising borrowing costs to try to combat high inflation.

08.11 / 13:41

Citi Action Derby’s Take: A Hawkish Case for Fed Action on Inflation Emerges

Federal Reserve Chairman Jerome Powell’s clear guidance that the U.S. central bank doesn’t need to raise short-term interest rates soon is facing a nascent challenge by one of the institution’s most reliable hawks.

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