Losses in the dollar accelerated due to dovish comments from Richmond Fed President Barkin, who said the Fed doesn’t need to be as restrictive as it once thought. On the positive side for the ...

The Federal Reserve has reduced its benchmark interest rate by 1% since September 2024, aiming to give the U.S. economy ...

In a 5-0 vote on Thursday, the Fed's Board of Governors opted to leave the Network of Central Banks and Supervisors for Greening the Financial System, attributing the decision to the organization's ...

President-elect Donald Trump is bringing back a senior White House official who led his first-term push to make it easier to fire civil servants. James Sherk, who served as a special assistant on ...

The Fed's membership has been criticized by Republicans in Congress. In a short statement, the Fed said it had “appreciated” working with the Network of Central Banks and Supervisors for ...

The Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, a global coalition of central banks engaged in the study of climate risk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 ...

James Sherk, who was behind Trump’s push to make it easier to fire federal workers, is set to return to the White House. President-elect Donald Trump is bringing back a senior White House ...

The framework was set up in December 2017. As a reason for its withdrawal, the Fed said in a statement on Friday that the scope of the NGFS had expanded to a range of issues "outside" the central ...

President Trump signed multiple executive orders during his inauguration parade at Capital One Arena on Monday evening, throwing pens to supporters after a signing ceremony. The signings at a ...