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 published on February 21.
Members of the Federal Open Market…
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Federal Reserve
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…
The Fed launches FedNow digital payment system
The United States Federal Reserve launched a new digital payment system called FedNow, which will facilitate transactions for financial companies, service providers, among others.
Since last June, various testers have been participating in…
Fed stresses difficulty for companies to get workers
The US Federal Reserve (Fed) said in its most recent report, known as the Beige Book, that companies in the country continue to face difficulties hiring workers, especially in sectors such as healthcare, transportation and hospitality.
The…
The US will maintain interest rates
The President of the United States Federal Reserve (Fed), Jerome Powell, reported that the institution he leads decided to maintain interest rates in the current range of 5 % to 5.25 % in anticipation of the effects that have not yet…
Brent barrel price could reach $ 90
The price of Brent will rise in the short term, reaching up to 90 dollars per barrel if China recovers and the actions taken by the President of the United States Federal Reserve, Jerome Powell, prevent a recession in the United States.…
US Federal Reserve admits surprise at Silicon Valley Bank collapse
The US Federal Reserve admitted its surprise at the sudden collapse of Silicon Valley Bank, which was under its watch.
Fed Chairman Jerome Powell told a news conference after the Federal Open Market Committee meeting that he immediately…
FED again issues comments on cryptocurrencies
The United States Federal Reserve (FED), along with other regulators in the region, issued a statement in which they discussed the risks involved in the use of cryptocurrencies in banking systems.
Others involved include the Office of the…
Year-on-year inflation in the US remains low
The year-on-year inflation rate in the United States maintained its downward trend during the month of November, settling at 7.1 %.
The data published by the Bureau of Labor Statistics (BLS) place inflation for November six tenths below…