Last week, Jerome Powell chaired the Fed's final meeting, keeping rates between 3.5 % and 3.75 %, before being replaced by Kevin Warsh at the end of the month.
In an official statement, the Federal Reserve indicated that inflation in the United States is high, adding that "developments in the…
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Federal Reserve
The Fed keeps rates current without short-term cuts expectations
Fed Chairman Jerome Powell indicated this Wednesday that interest rates will remain in the 3.5 %–3.75 % range, while tempering expectations of short-term cuts.
On the other hand, the Federal Reserve noted “improvements in the U.S. economy,…
Economists predict stable inflation in the United States in 2026
A group of economists surveyed by the National Association for Business Economics in the group's year-end forecast survey indicated that the United States will experience slight economic growth in 2026.
Likewise, the 42 specialists…
The Fed could implement further cuts before the end of the year
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…
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…