President Biden says he has "never once spoken to the chairman of the fed since I became president," despite a May 2022 ...
Usually, the Federal Open Market Committee makes decisions on adjusting its federal funds rate in unison. But not this time.
Tolerating such behavior normalizes ethical (and sometimes legal) missteps, practically inviting similar behavior from public employees.
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Federal Reserve, it's a basis ...
Jerome Powell says the economy is strong but still cuts rates by 50 basis points.
Experts predict that lower interest rates will increase liquidity in the financial system and attract investors to crypto ...
The Fed’s aggressive 50 basis point rate cut, while unconventional, reflects a proactive approach to stave off any potential ...