Articles Tagged 'federal reserve'
Trump to pick Jerome Powell as Federal Reserve chairman
President Trump reportedly will nominate Federal Reserve governor Jerome Powell to be the next chairman of the Federal Reserve, opting for stability and continuity at…
Powell likely next Fed chief, though Yellen best suited: economists
Jerome Powell likely will be the next Federal Reserve chairman, according to a slim majority of economists in a Reuters poll – but most of …
Your Tax Dollars At Work: Frats Like Beer, Girls Like Dolls, Sharks = Scary!
Federal grants awarded by the National Institutes of Health (NIH) bankrolled studies to discover that fraternity brothers like to drink, that “Jaws” is a scary…
‘Audit the Fed’ bill gets new push under Trump
Controversial legislation to subject the Federal Reserve’s monetary policy powers to outside scrutiny is getting new life in Washington.
Rep. Thomas Massie (R-Ky.) and Sen.…
Fed to raise rates as Trump economy looms
Washington – There is little room for doubt that the US Federal Reserve will raise the benchmark interest rate in the coming week for only…
Fed keeps rates unchanged ahead of election
The Federal Reserve is opting not to raise interest rates less than a week before the presidential election.
The central bank’s policy committee announced Wednesday…
Stocks Post Biggest Fall Since Brexit Over Rate Fears
Stocks and bonds tumbled Friday, with the Dow industrials and S&P 500 posting their biggest percentage losses since the Brexit selloff.
Fresh signs that central…
World stocks hit one-year highs as Fed hike prospects fade
World stocks hit their highest in more than a year and the dollar fell sharply against the yen on Wednesday as expectations of a rise…
Trump says U.S. interest rates must change as Fed weighs rate hike
Republican presidential nominee Donald Trump, who has previously accused the Federal Reserve of keeping interest rates low to help President Barack Obama, said on Monday…
Fed’s Tarullo details plans to counter bank runs
Global regulators need more policy tools to counter the risk of devastating bank runs and should have powers over a wide array of market participants, U.S. Federal Reserve Governor Dan Tarullo said on Friday.
“There is a need to supplement prudential bank regulation with a third set of policy options in the form of regulatory tools that can be applied…