Browsing: US federal reserve

Federal Reserve Chair Jerome Powell on Friday offered an explicit endorsement of an imminent policy easing, saying further cooling in the job market would be unwelcome and expressing confidence that inflation was within reach of the U.S. central bank’s 2% target.

Japan’s Nikkei 225 plunged more than 12% on Monday in what was the biggest single-day drop since ‘Black Monday’ in 1987.

The US Federal Reserve’s favored inflation measure eased further in June, according to government data published Friday, in more good news for policymakers ahead of next week’s interest rate decision.

U.S. prices rose moderately in June, underscoring an improving inflation environment that potentially positions the Federal Reserve to begin cutting interest rates in September.

Federal Reserve officials at their last meeting acknowledged the U.S. economy appeared to be slowing and that “price pressures were diminishing,”

The Federal Reserve has taken great strides in lowering inflation back down toward its 2% target rate but is still “a way” from achieving the goal

The combined wealth of the richest people in the US has grown to $44.6 trillion, according to the Federal Reserve

The report compares stablecoins to money market funds and ultimately concludes they have similar shortcomings. The Federal Reserve Banks of…

Deutsche Bank has issued a warning that a cycle of economic expansion and contraction will occur this year, leading to…

The International Monetary Fund has yet to see enough banks pulling back on lending that would cause the U.S. Federal…