The U.S. central bank has released a preliminary statement detailing its annual profit or loss in early January since at ...
The Fed, which can print money to fund its operations, captures its loss in what it calls a deferred asset. The central bank pays down that deferred asset, which stood at $223.8 billion as of March 5, ...
Some market-based measures of inflation expectations also have been rising, though Fed Chair Jerome Powell and other policymakers argue those remain at a level consistent with their 2% inflation ...
A federal judge ruled Wednesday that President Trump’s firing of the head of a board that resolves disputes between federal employees and the government was unlawful. U.S. District Judge ...
JPMorgan Chase CEO Jamie Dimon is unsurprised by President Trump’s push for lower inflation and interest rates—but warns that doesn’t mean the Oval Office can control them.
The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread ...