Chicago Fed President remains optimistic about economy, expects labor market to stabilize. Fed may cut interest rates again.

The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.

Chicago’s Pulaski Savings Bank was seized by regulators Friday evening, with most of its assets to be assumed by Millennium ...

Austan Goolsbee said that rates are still above the so-called neutral rate of interest — where policy neither weighs on nor ...

Federal Reserve Bank of Chicago President Austan Goolsbee said he sees continued improvement in inflation and is optimistic ...

Chicago Federal Reserve Bank President Austan Goolsbee said he feels more comfortable that the labor market is stabilizing, ...

Pruitt, President of Lake City Bank, has been elected to the Federal Reserve Bank of Chicago Board of Directors for a three-year term from 2025-2027. The Federal Reserve Bank of Chicago is part of ...

Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S. futures edged lower and oil prices fell after U.S.

WARSAW— Lake City Bank has announced that Kristin L. Pruitt, president of Lake City Bank, has been elected to the Federal Reserve Bank of Chicago Board of Directors for a three-year term from 2025 to ...

WASHINGTON (AP) — The Federal Reserve said Friday that it is leaving an international ... The move is another example of the central bank, which is intended to be independent of politics, taking steps ...

Martin Luther King, Jr. is a federal holiday marked every year on the third Monday in January. The holiday will fall on Jan. 20 in 2025 and the United States Postal Service will be closed.