Philadelphia Fed President Patrick Harker said Tuesday he thinks interest rates need to go above 5% but didn't know how much higher.

Image via Federal Reserve Bank. Anna Paulson is the new president of the Federal Reserve Bank of Philadelphia, officially taking the reigns of predecessor Patrick Harker on July 1. Anna Paulson ...

Anna Paulson is the new president of the Federal Reserve Bank of Philadelphia, officially taking the reigns of predecessor Patrick Harker.

Anna Paulson officially began her tenure as the new president of the Federal Reserve Bank of Philadelphia on July 1, writes Kristen Mosbrucker-Garza for ...

The chances the Federal Reserve will cut interest rates by 50 basis points in December are growing, according to Oxford Economics. The June jobs report showed strong headline numbers, but the ...

The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a charity.

Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.

Goldman Sachs now expects the Federal Reserve will make its next interest rate cut in September, and not December as previously thought, as tariffs have less of an inflationary impact than earlier ...

U.S. President Donald Trump said on Friday he would not appoint anyone to head the Federal Reserve who would not lower interest rates from where they are, setting perhaps the most explicit litmus ...

The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe economic downturn.

A group of large US banks comfortably cleared the Federal Reserve’s annual stress test, setting the stage for lenders to boost buybacks and dividends for shareholders.