In its semiannual supervision and regulation report, the Federal Reserve flagged climbing loan delinquencies and a rising ...
Rates had previously been held at a 23-year high since July 2023. There was some division on the final decision, with Fed governor Michelle Bowman dissenting. She preferred to cut rates by 25 basis ...
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
That marked the first time in over two years a Fed official dissented from the majority decision. Bowman later explained she favored the smaller cut at September’s meeting because she was ...
Trump transition team officials are considering retail brokerage Robinhood's top lawyer, as well as bank regulators and ...
USD/CAD trades flat around 1.3860 in Friday’s early Asian session. The Fed decided to cut the interest rate by a quarter ...
However, the decision to reduce the target range for the Fed funds rate by 25 basis points to 4.5-4.75% was unanimous, unlike ...