The data in the Fed minutes in the United States show the institution's willingness to make further interest rate cuts before the end of the year.
However, “the governing body emphasized that the impact of tariffs on prices is still uncertain and that high levels of inflation could be more…
Read More...
Browsing Tag
Federal Reserve
The Fed could lower rates in September
U.S. Federal Reserve Chairman Jerome Powell said in his Jackson Hole speech this week that rates could be lowered in mid-September if the August inflation rate doesn't rebound.
The news came amid President Donald Trump's pressure on the…
The Fed decided to keep interest rates steady in anticipation of a spike in inflation
Interest rates will remain in the 4.25 % to 4.5 % range for the coming months, Federal Reserve Chairman Jerome Powell announced last week.
The decision was made on Wednesday, June 18, in anticipation of a possible spike in inflation for…
The Fed will reduce its workforce by 10 % over two years
The chairman of the US Federal Reserve (Fed), Jerome Powell, recently indicated that the organization plans to cut its workforce by 10 % by 2027.
The information was released in a memo cited last Friday by CNBC, which stated: "Experience,…
Powell predicts that inflation in the United States will continue to fall
Inflation in the United States will continue to fall, according to the predictions of Federal Reserve (Fed) Chairman Jerome Powell. The official also believes that further interest rate cuts will occur this year.
Powell stated before…
G7 leads digital currency pilot plan with participation of 40 banks worldwide
A pilot plan to create a new digital currency platform and accelerate cross-border payments is led by the G7, the Federal Reserve and the main central banks of Europe, Korea and Japan. 40 of the world's main banks have joined the project.…
United States Government will redesign its banknotes
The United States Bureau of Engraving will work jointly with the Federal Reserve and the Advanced Counterfeiting Deterrence Steering Committee (ACD) on the redesign of its $10, $20, $50 and $100 bills.
Although it is a change that will…
The Fed will not cut interest rates for the time being
The Federal Reserve (Fed) has made it clear that it will not cut interest rates until it is certain that inflation is falling sustainably towards the 2% target, according to the minutes of its last meeting held at the end of January and…
The Federal Reserve could cut interest rates again
The Federal Open Market Committee (FOMC) of the US Federal Reserve discussed the possibility of lowering interest rates in 2024, but stressed the need to maintain a restrictive stance to control inflation, according to the minutes of its…
US banks warned about over-regulation
At a session of the US Senate held on Wednesday, senior executives of the country’s major banks warned about the possible adverse consequences of increased regulation of the sector, particularly in relation to the implementation of the…
US Federal Reserve maintains interest rates
The United States Federal Reserve decided this Wednesday to maintain interest rates in a range of 5.25 and 5.5 %, although it does not close the door to new increases.
The Federal Open Market Committee (FOMC) of the Fed issued a statement…
Federal Reserve expands supervision of cryptocurrency banks
The United States Federal Reserve announced a significant expansion of its supervision program aimed at banks in the country that operate in the field of cryptocurrencies and blockchain technology.
In a statement issued on August 8 by the…