News

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Philly’s Federal Reserve is getting a new leader for the first time in a decade
Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.
Big banks all pass the Federal Reserve's stress tests, but the tests were less vigorous this year
All the major banks passed the Federal Reserve's annual “stress tests" of the financial system, the central bank said Friday, ...
Federal Reserve Watch: M2 Money Is Growing
The Fed continues quantitative tightening, shrinking its securities portfolio by $2.1 trillion since March 2022, but excess ...
The Business Times2h
US Federal Reserve must be ‘completely non-political’: Powell
FRANKFURT] The US Federal Reserve must be “completely non-political”, its chair Jerome Powell said on Tuesday, after ...
State Resolution Backs Federal Remedy For Politicized Debanking
Many lawmakers who typically prefer state policy solutions believe that, when it comes to ending political debanking and ...
Stablecoins Fall Short as Cornerstone of Monetary System, Central Banks Say
Crypto assets shouldn’t be the mainstay of the future monetary system, a group representing the world’s top central banks ...
How Might The Federal Reserve React To June's Employment Report?
June jobs report may show steady growth, Fed likely holds rates in July amid solid labor and inflation. Learn why key data ...
Just The News1d
Powell accused of lying to Congress about Federal Reserve headquarter renovation
Powell testified in front of the Senate Banking Committee last Wednesday, about the luxurious renovation project which would ...
Morgan Stanley predicts next Federal Reserve interest rate cut
Fed Chair Jerome Powell defended the Federal Open Meeting Committee’s universal decision to hold the Federal Funds Rate ...