Financial markets are still concerned about inflation. The Fed influences short-term interest rates, which are falling, but longer-term bonds like the 10-year Treasury are a better reflection of inflation expectations.
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.
The Federal Reserve's withdrawal from an international climate initiative highlights a shift in U.S. policy towards environmental regulations.
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change
The United States Federal Reserve’s Michael Barr is set to resign as vice chair for supervision — marking the latest exit by a US official apparently linked to “Operation Chokepoint 2.0” — a purportedly concerted federal effort to debank crypto companies.
Learn why some people believe it was unconstitutional for the government to establish the Federal Reserve Bank and why they believe it should be abolished.
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the highest since last July
During years where a new president is being inaugurated, there are typically 12 federal holidays for federal workers in the Washington D.C. area but since Inauguration Day and Martin Luther King, Jr. Day both fall on the same date in 2025 — Monday, Jan. 20 — they'll have one fewer holiday this year than in some previous years.
The bill’s Republican sponsor said that Oklahoma's Bitcoin initiative follows President-elect Donald Trump’s “vision for digital assets.”
Yes, Martin Luther King Jr. Day is one of 11 federal holidays recognized in the United States. Most grocery stores will hold normal hours on Martin Luther King Jr. Day. Most banks will be closed on Martin Luther King Jr. Day, since it is a federal holiday and the Federal Reserve will be closed.
The U.S. Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change. The Fed’s membership has been criticized by Republicans in Congress.
The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.”