Jennifer Schonberger has been a financial journalist for over 14 years covering markets, the economy and investing. At Yahoo Finance she covers the Federal Reserve, cryptocurrencies, and the intersection of business and politics. Prior to Yahoo, Jennifer covered the Federal Reserve and the economy for the Fox Business Network. She also specialized in covering investing for Kiplinger’s Personal Finance and The Motley Fool.
- Yahoo Finance
Fed officials warn rates may rise again and stay higher for longer
Two Fed officials made it clear Friday that more tightening could be needed to bring down inflation.
- Yahoo Finance
Powell: 'We would just have to deal’ with less data if government shuts down
A possible shutdown at the end of this month could make the job of the Fed more difficult as economic tracking from certain agencies would cease.
- Yahoo Finance
Federal Reserve leaves interest rates unchanged at 22-year high, signals one more hike in '23
The Federal Reserve on Wednesday left the target range for its benchmark interest rate unchanged at a 22-year high.
- Yahoo Finance
Fed expected to hold rates steady while keeping door open to more hikes
Central bank watchers expect the Fed this week to pause its rate hikes while still striking a 'stern, resolute tone' in the fight to cool inflation.
- Yahoo Finance
Warren asks regulators to be tougher on banks as bank CEOs push back on new rules
A debate about the aggressiveness of bank regulators is intensifying on the 15th anniversary of a bank collapse that triggered the 2008 financial crisis.
- Yahoo Finance
The Fed may hold rates steady in September, but that doesn't mean it's done
Fed officials have signaled they could pause rates this month as they slow their fight against inflation while also warning that more hikes could still be necessary.
- Yahoo Finance
Apple and Google are ‘choke points’ to equitable payment system: CFPB’s Chopra
Consumer Financial Protection Bureau director Rohit Chopra said Thursday that tech giants are cutting off innovation in the US payments system.
- Yahoo Finance
Fed's Beige Book: Inflation, wage growth will slow later this year
Businesses in several parts of the country monitored by the Fed struggled in August to pass along higher costs as price growth slows.
- Yahoo Finance
Boston Fed’s Collins: More rate hikes are possible as Fed proceeds with 'patience'
Boston Federal Reserve President Susan Collins said Wednesday that the central bank should take its time as it looks to bring inflation down, but warned further rate hikes could be warranted.
- Yahoo Finance
Fed's Mester: 'Job market is still strong' despite higher unemployment
The Cleveland Fed president said in a speech Friday that the 3.8% jobless rate was still "low" and inflation "remains too high."
- Yahoo Finance
Atlanta Fed's Bostic favors holding rates steady for now
Atlanta Fed President Raphael Bostic wants the central bank to hold rates at current levels until inflation gets down to the Fed's 2% target.
- Yahoo Finance
Women’s equal pay: To fix the pay gap, fix the childcare issue
The lack of affordable, reliable childcare is a major contributor to the pay gap between men and women.
- Yahoo Finance
Bernstein: White House will push Congress to 'do more' on childcare support
The chair of President Biden’s Council of Economic Advisers said "we need to do more" now that a pandemic-era safety net is due to expire in September.
- Yahoo Finance
Fed's Harker wants to hold rates steady in September and 'see how things turn out'
The Philadelphia Fed president was more cautious than Fed Chair Jerome Powell in how he described the central bank's fight against inflation.
- Yahoo Finance
Powell says Fed 'prepared to raise rates further' to bring inflation down
Fed Chair Jay Powell reiterated his message that the Fed will keep monetary policy tight until the Fed brings inflation back to its 2% target.
- Yahoo Finance
Fed's Collins: More rate hikes may be needed
Boston Fed President Susan Collins said the central bank may hike interest rates further and will likely need to keep rates elevated for a "substantial" period of time.
- Yahoo Finance
All eyes on Powell as Fed chair prepares for big speech in Jackson Hole
The investment world will be listening to how Powell frames the central bank's fight against inflation.
- Yahoo Finance
Not all Fed officials wanted to raise interest rates in July, minutes show
Most Fed officials remained concerned about "significant upside risks" to inflation, implying more rate hikes are possible, but some urged caution.
- Yahoo Finance
Fed's Kashkari: 'Not ready to say that we're done' raising rates
The regional Fed president said the Fed has "made good progress" on inflation, but it's still too high.
- Yahoo Finance
San Francisco Fed’s Daly: 'There’s still more work to do' on inflation
The regional Fed president said the new inflation reading released Thursday was 'good news' but not enough to declare 'victory is ours.'