Fed raises rates as Warsh bucks Trump to contain inflation
The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, ...
Tag: Federal Reserve
Fed rate hike could be bad news for AI infrastructure buildout
The Federal Reserve began a two-day meeting today, its sixth Federal Open Market Committee meeting this year, and its decision ...
AI CapEx lays groundwork for future growth, Fed chair says
The Federal Reserve’s benchmark interest rate held steady on July 29 in a 9-3 vote, as new Chairman Kevin Warsh pointed to surging AI-driven capital investment as a defining feature of the economic ...
Fed’s Williams says AI is now his main inflation concern
Federal Reserve Bank of New York President John Williams said that among the drivers of inflation in the United States, ...
CISA creates cybersecurity prioritization, patch protocol
The U.S. Cybersecurity and Infrastructure Security Agency is requiring federal government agencies to patch cyber vulnerabilities more quickly and by ...
Inflation expectations jump with Iran War, Fed survey finds
Near-term inflation expectations jumped in March by the most in a year as consumers anticipated higher gas and food prices ...
Fed Official to tell Congress AI offers banks better risk detection, cheaper services
A top Federal Reserve official will tell Congress on Thursday that artificial intelligence promises to transform the banking sector — improving ...
Fed’s Barr calls for guardrails as financial sector adopts AI
Federal Reserve Governor Michael Barr said there needs to be clear guardrails to prevent risks as the financial sector looks ...
Federal Reserve’s gen AI experimentation will take years, Powell says
Even an institution as steeped in tradition as the Federal Reserve is exploring use cases for gen AI. “Generative AI ...
Senator Warren urges Fed to reconsider Capital One deal for Discover
The top Democrats on congressional banking committees called on the Federal Reserve to reconsider its decision to approve Capital One ...
