Recent research has identified periods when the Federal Reserve intentionally acted to slow inflation when it exceeded ...
DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.
Billionaire Elon Musk suggested in a series of social media posts that the Fed should undergo closer scrutiny, making the ...
You might think of the Federal Reserve as a bank to banks. It holds bank deposits, lends money to financial institutions, and facilitates the process for banks to borrow funds from each other.
The Federal Reserve’s Mary Daly is in no rush to lower interest rates until inflation is closing in on the central bank’s 2% ...
Stock index futures slipped on Tuesday as President Donald Trump signed an order imposing 25% tariffs on steel and aluminum.
Provident Financial Holdings, Inc. ("Company”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B. ("Bank”), today announced earnings for the second quarter of the fiscal year ...
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
Initial claims for state unemployment benefits increased 6,000 to a seasonally adjusted 223,000 for the week ended Jan. 18, the Labor Department said on Thursday. Economists polled by Reuters had ...
The Federal Reserve's monetary is well-positioned to achieve the central banks' maximum employment and price stability ...
Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should ...