Fed officials cautious about cutting interest rates too quickly
With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves. Even if inflation continued declining to the Fed's 2% target,
John H. Cochrane and Amit Seru of the Hoover Institution think the hyperactive Fed has become too ambitious in its interventions in the economy and social policy. Their proposal is the title of their ...
The Federal Reserve booked $19.9 billion in operating losses in the third quarter. Keep in mind that Fed losses ultimately ...
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Trump allies believe the Federal Reserve leans leftThe Federal Reserve system is designed to be insulated from partisan politics. But conservatives increasingly see it as an ...
Sen. Elizabeth Warren (D-Mass.) urged President-elect Trump’s pick for Treasury secretary, billionaire investor Scott Bessent ...
The U.S. banking system’s $3.3 trillion cash raises concerns over inflation. Read why policies may lead to new inflationary ...
Republicans and the banking industry have accused the CFPB of regulatory overreach because it doesn't follow the usual ...
Delete CFPB,” Elon Musk, the billionaire tech executive running the “Department of Government Efficiency,” said in an ...
Copyright 2024 The Associated Press. All Rights Reserved. FILE - Federal Reserve Chair Jerome Powell listens to a ...
The US government already owns 203,000 bitcoin worth nearly $21 billion, which it acquired mainly through asset forfeitures.
In July, Cynthia Lummis, a US senator from Wyoming, introduced a bill to establish what she called a “strategic bitcoin ...
President-elect Donald Trump has expressed support for the bitcoin idea, which some economists see as inflationary and costly, depending on its implementation.
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