Browsing: Fed

Federal Reserve Chair Jerome PowellBloomberg News WASHINGTON — The Federal Reserve could continue shedding mortgage-backed securities even once it stops shrinking its balance sheet. During its meeting…

WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later…

Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington,…

The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation. Although inflation receded last month, an escalating…

A formerly troubled community bank has shed another regulatory shackle as it continues to recover from a data breach three years ago.The Federal Reserve Board ended…

Staff at the Federal Reserve cooperated with the Treasury Department to give Elon Musk’s Department of Government Efficiency access to federal payment systems, according to a…

U.S. inflation cooled slightly in February despite broad uncertainty related to trade wars and other economic policy shakeups. The development is a positive for the Federal…

Jerome Powell, chairman of the Federal Reserve.Al Drago/Bloomberg After a judge dismissed its lawsuit against the Federal Reserve, a Puerto Rican bank has pledged to appeal…

Senator Elizabeth Warren, D-Mass., is the ranking member on the Senate Banking Committee.Al Drago/Bloomberg It’s been two years since Silicon Valley Bank failed and at least…

Federal Reserve Board Gov. Michelle Bowman.Zach Gibson/Bloomberg One of the Federal Reserve Board’s biggest inflation hawks said factors other than price growth could soon play a…