NEW YORK (Reuters) - The full suite of tariffs sought by the Trump administration would have created notable upward pressure for already high levels of inflation, a report by the Federal Reserve Bank ...
And without knowing what actual policy will be implemented, it's just really not possible to be too precise about what the likely impacts are going to be," said Susan Collins, president of the Federal ...
The banking sector's credit portfolio grew by 2% year-over-year in 2024, driven mainly by a 15% increase in loans to shadow ...
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
Federal Reserve Chair Jerome Powell testified before a Senate committee and said the central bank's workforce is more "overworked" than "overstaffed" in pushback against Elon Musk. Elon Musk put ...
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loan to a lower rate, rose this week.