President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.
The Federal Reserve is withdrawing from an environmental group for global central bankers. The Fed joined the group, the Network of Central Banks and Supervisors for Greening the Financial System, in
The dollar hardly budged on Thursday as it held in a tight range after a sharp drop earlier in the week, with investors seeking clarity on expected tariffs from U.S. President Donald Trump and the path of interest rates from global central banks.
The Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, a global coalition of central banks engaged in the study of climate risk that was launched in 2017.
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.
A Federal Reserve official who joins the central bank’s policy committee this year said he has grown less concerned about a labor-market slowdown, a view that could support a patient approach to ...
The Bank of Japan raised its key interest rate to about 0.5% from 0.25% Friday, noting that inflation is holding at a desirable target level. The decision by the central bank came at the end of a two-day policy board meeting in Tokyo.
Every year the Federal Reserve conducts a stress test on about 30 U.S. banks to evaluate their ability to withstand economic crises, using hypothetical scenarios such as when the unemployment rate rises to 10 percent and housing prices drop 40 percent.
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change
The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by the ...
President Trump’s new executive order embraces Bitcoin and open blockchain technologies, bans Central Bank Digital Currencies, and revokes prior restrictive regulations—signaling a landmark policy shift toward fostering responsible innovation and financial freedom in the United States.
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar was modestly lower on Thursday in a choppy session, after comments from U.S. President Donald Trump called for lower interest rates while providing