A top bank says the Fed must act now to address the highest bond yields since 2007

The Fed can't wait until its June meeting to address surging bond yields. Strategists say Fed officials should turn hawkish now to calm markets.

Warsh takes the Fed's helm with a policy dilemma already unfolding

By Howard Schneider WASHINGTON, May 22 (Reuters) - Kevin Warsh, whose broad criticism of current U.S. Federal Reserve officials, playbook for rate cuts and ties to President Donald Trump elevated him past other contenders to lead the central bank,

Fed expects rate hike if inflation remains elevated, meeting minutes show

Federal Reserve official say they believe the institution needs to tighten monetary policy if inflation continues to run above its target rate, according to minutes from last month’s meeting. “A majority of participants highlighted,

Why the Fed May Be Convinced to Reverse Course on Interest Rates

Rate hikes are now more likely as the Federal Reserve weighs rising inflation fueled by higher oil prices and ongoing economic uncertainty.

Fed's Waller's ready to axe 'easing bias,' says rate-cut talk now is 'crazy'

Federal Reserve Governor Christopher Waller, an influential voice in policymaking who until recently had advocated for lower interest rates, on Friday said the ​Fed should axe the "easing bias" from its policy statement and ​effectively open the door to a possible rate hike.