BUDAPEST (Reuters) -Central bank independence is being questioned in parts of the world and greater political influence over policy could undermined their ability to keep inflation down, European Central Bank President Christine Lagarde said on Monday.
The U.S. central bank faces no imminent pressure to stop the contraction of its holdings of Treasury bonds and mortgage-backed securities, data released by the New York Federal Reserve suggested on Thursday.
The Federal Reserve is withdrawing from an environmental group for global central bankers. The Fed joined the group, the Network of Central Banks and Supervisors for Greening the Financial System, in
It would be the first Fed meeting since September in which the central bank has declined to cut interest rates. Why Would the Federal Reserve Hold Interest Rates? The central bank is entering a ...
The Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, a global coalition of central banks engaged in the study of climate risk that was launched in 2017.
Every year the Federal Reserve conducts a stress test on about 30 U.S. banks to evaluate their ability to withstand economic crises, using hypothetical scenarios such as when the unemployment rate rises to 10 percent and housing prices drop 40 percent.
DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.
Central bank independence is being questioned in parts of the world and greater political influence over policy could increase economic volatility, European Central Bank President Christine Lagarde said on Monday.
Earlier last year, many economists optimistically predicted that interest rates would dip below 6% in early 2025. But since Trump's reelection and the Fed's declaration of less frequent policy easing in 2025, the forecast for mortgage rates has shifted upward.
The new voters on the Federal Reserve’s policy committee in 2025 are an official seen as one of the system’s most dovish, as well as a centrist and two new faces who could bring a more stringent anti-inflation perspective.
BUDAPEST (Reuters) -Central bank independence is being challenged in parts of the world and greater political influence could undermined banks' ability to keep inflation down, risking economic volatility,