Both times, the Fed's balance grew in size, reaching a peak of almost $9 trillion in 2022, but the second period of asset purchases consisted mostly of lower-coupon, longer-duration bonds that plunged ...

The first real-time payments system was launched by The Clearing House (TCH) about seven years ago. It recently announced ...

The Federal Reserve has “zero reason to cut interest rates right now,” writes Paul Stanley of Granite Bay Wealth Management ...

The Federal Reserve will likely wait until September before cutting its policy rate, traders bet on Thursday, as data kept ...

Four months after the Fed cut rates, inflationary pressures appear to be building in the US. The lesson is unlikely to be ...

Ripple Labs, a blockchain payments firm known to facilitate fast and efficient cross-border payments, is currently making ...

A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.

At his semiannual testimony, Fed Chair Powell confirmed that the US will not introduce a CBDC as long as he remains in charge. Fed Chair Jerome Powell said Tuesday that the US central bank will not ...

Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.

U.S. Federal Reserve Chair Jerome Powell, in his first appearance before Congress since the inauguration, vouched for the ...