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 ...

Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...

The Federal Reserve meets for its second two-day rate-setting session of 2025 on Tuesday, March 18, and Wednesday, March 19, 2025. At the end of its Federal Open Market Committee session on ...

Federal Reserve Board ... meeting, released after the typical three-week lag, also showed clear division among the Fed’s 19 policymakers. Some expressed support for keeping the central bank ...

The Fed left interest rates unchanged at its last meeting on Jan ... each with its own reserve bank. Each Federal Reserve district has a nine-member board of directors. Six are elected by ...

The S&P 500 slipped after the Federal Reserve left interest rates unchanged in its first policy decision of 2025, while Nvidia tumbled.

The Federal ... the Fed’s board of governors, the group of Fed officials that includes Powell, who are responsible for setting interest rates along with regional Fed reserve bank presidents ...

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 ...

The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week ... a hands-off approach to the central bank. Former president Joe Biden reappointed ...

After three cuts at the end of last year, Federal Reserve ... bank was not on a “pre-set course.” 8 Federal funds target rate 6 No change 4 The Fed held interest rates steady at its first ...

I will continue to serve as a member of the Federal Reserve Board." He continued ... Trump made statements at the Economic Club of Chicago in October suggesting he'd considered dismissing ...