The Fed Is Bailing Out The Wealthy As Everyone Else Pays The Price Authored by Ryan McMaken via The Mises Institute, The Federal reserve says that inequality is a problem. At the same, the Fed also pretends to have nothing to do with it. Last September, f
The U.S. economy is still far from maximum employment and it is not time to change interest rates, New York Federal Reserve Bank President John Williams said Thursday.
The Federal Reserve announced a major policy shift Thursday, saying that it is willing to allow inflation to run hotter than normal in order to support the labor market and broader economy.
Federal Reserve Chair Jerome Powell on Friday said the US economy remains in solid condition although the coronavirus outbreak poses a risk and the central bank will act as appropriate to provide support. "The fundamentals of the US economy remain str
President Donald Trump on Friday slammed Federal Reserve Chairman Jerome Powell after a closely watched speech, asking if the central bank chief or China's...
WASHINGTON (AP) — The Federal Reserve is cutting its key interest rate for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically low inflation and a dim globa