Federal Reserve Bank

Ilyce Glink and Samuel J. Tamkin, Tribune Content Agency Every year, Ilyce and Sam offer their readers New Year’s resolutions for home buyers, sellers and their personal finances. These are their…

Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, July 27, 2022.Elizabeth Frantz | ReutersThe Federal Reserve's decision to…

The U.S. Federal Reserve increased its benchmark interest rate by 75 basis points to a range of 1.5%-1.75% in June — the biggest increase since 1994. Fed Chair Jerome Powell (above) flagged there could be another rate hike in July.Mary F.…

Blistering inflation is threatening to reignite twin declines in U.S. stocks and bonds, leaving investors with few places to hide from a Federal Reserve that appears headed for its most aggressive policy tightening in decades. Friday gave a…

Calling high inflation the Federal Reserve's "number one challenge," Vice Chair Lael Brainard on Thursday said she backs at least a couple more half percentage point interest rate hikes, with more on tap if price pressures fail to cool.…

Ilyce Glink and Samuel J. Tamkin, Tribune Content Agency Mortgage interest rates have doubled over the past 15 months, throwing a curveball to first-time buyers who were trying to cope with skyrocketing…

Roger FergusonMichael Nagle | Bloomberg | Getty ImagesAnyone who read a Fed chair coining the term "soft-ish" for an economic landing, as Jerome Powell did on Wednesday, as a bullish signal, has a transitory understanding of how much…

Ilyce Glink and Samuel J. Tamkin, Tribune Content Agency Over the past few weeks, we’ve fielded a number of questions about how to prove the cost of improvements and calculate the capital gain of real…

Investors in the coming week will parse minutes of the Federal Reserve’s March meeting to gauge central bankers’ appetite for a half percentage point increase in interest rates next month. Wednesday’s minutes will provide key details of the…

Small businesses will be facing growing challenges from inflation and higher wages, Chicago Federal Reserve President Charles Evans said Friday.Even with average earnings flattening out in February, Evans told CNBC, he hears from smaller…