Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a ...
In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to ...
Donald Trump’s return to the White House is overshadowing the Federal Reserve’s meeting this week, as policymakers begin to grapple with the way the president’s policies on trade, immigration ...
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.
Stocks broadly got a lift this week from an encouraging report on U.S. inflation, which raised hopes that the Federal Reserve may deliver more interest rate cuts this year. Wall Street has been ...
The Fed board voted 5-0 to withdraw from the group. Fed governor Adriana Kugler and Michael Barr, the outgoing vice chair for supervision, abstained from the vote.
Five of the Fed’s seven governors voted in favor of leaving the network, including Chair Jerome Powell. Governors Michael Barr and Adriana Kugler abstained.