Zervos added that the upcoming meeting will be more about "rhetoric than action" as any further rate cuts will depend on the results of the November Presidential elections.
The U.S. government's use of immigration raises inflation pressures in some parts of the economy, but also reduces it in other parts of the economy, Federal Reserve Chair Jerome Powell told Sen. JD. Vance (R-OH).
The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addressing deficiencies…
Trump’s Bitcoin And Crypto Policy Shift Reflects ‘Maturity,’ Says Chamber Of Digital Commerce CEO: ‘Come A Very Long Way’; Pro-Bitcoin Policies Of Nayib Bukele Inspire Serial Entrepreneur And Surinamese Presidential Candidate Maya Parbhoe;…
The Senate has revealed that the various Federal Government-owned food reserves across the country were empty. This was brought to light when the Senate considered a motion tagged: “Urgent need to address food insecurity and market…
The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in written testimony Tuesday, a shift in emphasis away from the Fed’s single-minded fight against inflation that suggests it's…
According to an investigative report by Pam Martens and Russ Martens the owners and operators of wallstreetonparade.com, the U.S. Federal Reserve has been consistently incurring operating losses since Sept. 28, 2022, totaling $176 billion…
According to “Project 2025,” initiated by the conservative think tank the Heritage Foundation, there is a strategy aimed at implementing conservative policies effectively within the first 180 days of the next U.S. Presidential…