Donald Trump and Federal Reserve Chair Jay Powell could be on a collision course in 2025. At a Jan. 7 press conference, Trump said "inflation is still raging, and interest rates are far too high." ...
Financial markets are still concerned about inflation. The Fed influences short-term interest rates, which are falling, but ...
The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.” ...
The US Federal Reserve is pulling out of an international climate change initiative, it announced Friday, just days before Republican President-elect Donald Trump takes office.
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to ...
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the ...
The Federal Reserve is withdrawing from an environmental group for global central bankers. The Fed joined the group, the ...
The U.S. Federal Reserve revealed on Friday that it has withdrawn its membership from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), a global body of central ...
Trump's Treasury Secretary nominee Scott Bessent opposed US CBDC development during his Senate confirmation hearing, aligning ...
The central bank’s recent infusion of financial-market brawn includes Beth Hammack, who worked for three decades at Goldman ...
Every year the Federal Reserve conducts a stress test on about 30 U.S. banks to evaluate their ability to withstand economic ...
Trump's Treasury nominee, Scott Bessent, opposes a US CBDC, arguing it's unnecessary given existing secure US assets.