News

Citi CEO Says Conflicting Data a Challenge to Fed Rate Decision
Conflicting economic signals including strong payrolls and weak consumer sentiment are making the job of Federal Reserve ...
Who Is Jerome Powell?
Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was ...
Key Federal Reserve Supervision Official to Depart at Year-End
Michael Gibson, director of the Federal Reserve’s supervision and regulation division, will leave at the end of the year ...
The Fed Has 3 Tools to Fight Tariff-Related Inflation. All Have Drawbacks.
The Federal Reserve has successfully fought demand-driven inflation. Trump’s trade policy is creating a supply-driven shock ...
Fed Reviewing Its Secret Ratings for the Nation’s Biggest Banks
The Federal Reserve’s incoming top banking regulator, Michelle Bowman, is seeking to review confidential ratings of the ...
What To Expect From Wednesday's Federal Reserve Meeting
The central bank is widely expected to stay in "wait-and-see" mode and keep its key interest rate steady Wednesday.
Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
The central bank is bracing for President Trump’s tariffs to dent growth while stoking inflation, keeping interest rate cuts ...
Here’s What the Symbols on the U.S. One Dollar Bill Mean
You probably see the dollar bill every day, but have you ever thought about the symbols on the dollar bill and what they mean ...