Only 6 new banks were established in 2024, dwindling due to high capital requirements, an unfavorable interest rate ...

Steve Miran, Trump's current chair of the CEA, said: "Holding century bonds is less risky for reserve managers if they have access to swap lines granting them substantial short-term dollar liquidity.

Bessent believes that deregulation, reordered global trade and lower government spending can pay for tax cuts. The actions of ...

Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall Street ...

The Federal Reserve governor voted against the decision to slow the pace of balance sheet reduction earlier this week, ...

The past two weeks have been a whirlwind of activity for the financial and crypto sectors, with developments on Capitol Hill and from key ...

President Donald Trump said the Federal Reserve should cut interest rates, splitting with the U.S. central bank as officials ...

The US Federal Reserve noted that Committee decided to "maintain the target range for the federal funds rate at 4-1/4 to ...

The US Federal Reserve has kept interest rates unchanged at 4.25 per cent - 4.50 per cent. This was the second policy meeting ...

The Federal Reserve said in today’s FOMC policy statement, “In assessing the appropriate stance of monetary policy, the Committee will continue ...

For release at 2:00 p.m. EDT March 19, 2025 Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent ...