Fed Chair Jerome Powell says central bank in no rush to reach 'neutral rate'
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for ...
Norway Can Wait With Digital Central Bank Money, Committee Says
An expert committee advising Norwegian politicians signaled there’s no rush to adopt a digital currency issued by the central ...
The fight over Jerome Powell puts Elon Musk at odds with Wall Street
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
Relief from higher rates is uncertain, as Fed signals slower move on cuts
Fed watchers see a greater chance the central bank may skip a rate cut at its last meeting of the year in December.
Central Texas Food Bank providing 30,000 meals this holiday season
The Central Texas Food Bank is gearing up to provide 30,000 turkeys, fresh produce and holiday sides at 23 locations ...
US Inflation on Strong Trajectory to 2% Goal, Fed’s Collins Says
Federal Reserve Bank of Boston President Susan Collins said she sees inflation heading back to the central bank’s 2% goal ...
Powell Says Solid Economy Allows Fed to Consider Rate Cuts ‘Carefully’
The U.S. central bank has lowered interest rates by 0.75 point since September.
Strong US data feeds doubts about Fed December rate cut
Strong U.S. economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and ...
Boston Fed President says December rate cut isn’t a ‘done deal’Boston Fed President says December rate cut isn’t a ‘done deal’
Boston Fed President Susan Collins said it was too soon to say whether the Fed should cut interest rates next month.
ECB should cut rates further to support recovery, Cipollone says
The European Central Bank should cut interest rates further to support a nascent economic recovery in the euro zone, also in ...
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CBN unveils penalties for banks aiding hawking of Naira notes
CBN would engage in “mystery shopping” exercise and periodic “spot checks” on cash distribution and disbursement activities ...
Federal Reserve official says Central Bank is not influenced by politics
Adriana Kugler, one of the seven members of the Fed’s governing board, reinforced the central bank’s independence from political influence, describing it as essential for a stable economy. Kugler ...