Andriana Kugler, a member of the Fed’s board, says economic research shows that an independent central bank typically does a ...
It ensures the stability of our financial markets. It regulates financial institutions. The Federal Reserve operates under a mandate from Congress to “promote effectively the goals of maximum ...
The Federal Reserve has three main objectives: maximize employment, stabilize prices, and moderate long-term interest rates. Learn how the Fed’s role has expanded since it was established in 1913.
While Fed officials didn’t comment on President-elect Donald Trump's proposed policies, they said the central bank was in a ...
Short-term U.S. interest rates are likely to be lower on Inauguration Day in 2025 than they are now, and that means the U.S.
For the first time in four years, the Federal Reserve's benchmark, short-term rate was scaled back by a half percentage point. The previous 23-year high remained stagnant since July 2023 until ...
The Federal Reserve meets for its eighth and final two-day rate-setting session of 2024 on Tuesday, December 17, and Wednesday, December 18, 2024. At the end of its Federal Open Market Committee ...
The Federal Reserve cut its benchmark lending rate by a quarter percentage point to a range of 4.5% to 4.75%. The vote was unanimous. Bloomberg's Michael McKee reports.
KPMG chief economist Diane Swonk discusses the Federal Reserve's response to inflation on 'The Claman Countdown.' ...
On Wednesday, Indian markets corrected sharply, with the Nifty and Sensex down significantly following high inflation figures ...
Gold exchange-traded funds (ETFs) have become more appealing due to increased geopolitical risks, central bank policy changes ...
If you follow the news about changes to savings or mortgage rates, you’ve probably heard of the Federal Reserve. It’s a powerful financial system, but as a banking consumer, you don’t ...