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Philly’s Federal Reserve is getting a new leader for the first time in a decade
Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.
Big banks all pass the Federal Reserve’s stress tests, but the tests were less vigorous this year
The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe ...
Federal Reserve Watch: M2 Money Is Growing
The Fed continues quantitative tightening, shrinking its securities portfolio by $2.1 trillion since March 2022, but excess ...
State Resolution Backs Federal Remedy For Politicized Debanking
Many lawmakers who typically prefer state policy solutions believe that, when it comes to ending political debanking and ...
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Powell accused of lying to Congress about Federal Reserve headquarter renovation
Powell testified in front of the Senate Banking Committee last Wednesday, about the luxurious renovation project which would ...
How Might The Federal Reserve React To June's Employment Report?
June jobs report may show steady growth, Fed likely holds rates in July amid solid labor and inflation. Learn why key data ...
Stablecoins Fall Short as Cornerstone of Monetary System, Central Banks Say
Crypto assets shouldn’t be the mainstay of the future monetary system, a group representing the world’s top central banks ...
Federal Reserve Poised to Hand Wall Street a Big Gift
Wall Street is poised to receive a big gift courtesy of the Federal Reserve. The central bank unveiled plans to roll back an ...
Federal Reserve holds its benchmark interest rate steady at today's FOMC meeting
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5% ...
A Federal Reserve president thinks fears of a 1970s-style stagflation are overblown
Austan Goolsbee doesn't think that stagflation is possible in the near term, despite rising geopolitical conflicts and ...