BEGINNING OF THE FEDERAL RESERVE SYSTEM Dec 22, 2024 On Dec. 23, 1913, President Woodrow Wilson signed the Owen-Glass Act, creating the Federal Reserve System, an independent agency of the U.S. G…
New York Fed says bank reserves abundant By Michael S. Derby Reuters Nov 21, 2024 NEW YORK â€� New statistics rom the New York Federal Reserve suggest the U.S. central bank isn't facing any roadblocks to continuing forward wit…
No reason not to cut rates in Dec as of now, ECB's Holzmann tells paper Nov 10, 2024 VIENNA (Reuters) - As things currently stand, there is no reason for the European Central Bank not to cut interest rates in December but the d…
ECB making good progress but job not done, Lane says Reuters Aug 24, 2024 JACKSON HOLE, Wyoming â€� The European Central Bank is making "good progress" in cutting inflation back to its 2% target but success is not yet …
Fed mortgage bond holdings play 'central' policy rule, paper says By Michael S. Derby Reuters Aug 24, 2024 Federal Reserve holdings of mortgage bonds play a “centralâ€� role in how monetary policy affects the economy's momentum, academics wrote in a p…
Fed leaves rates unchanged, nods to possible September cut By Howard Schneider and Ann Saphir Reuters Jul 31, 2024 WASHINGTON â€� The Federal Reserve held interest rates steady on Wednesday but opened the door to reducing borrowing costs as soon as its next m…
6:00 Nation & World Would high speed rail work in the US? Updated Aug 13, 2023 Andy Kunz is the CEO and president of the U.S. High Speed Rail Association, an advocacy and trade group dedicated to advancing fast rail acros…
