Tag: federal reserve

This is not just a U.S. problem. Regulators agree to minimum standards for banking rules at an international level because finance is a global business.

A JPMorgan whistleblower said the world’s biggest bank was misreporting its trading activity, which could have inflated its earnings by billions of dollars and added millions to executive pay packages.

Raising taxes and trimming the budget can slow future growth of the debt, but they are unable to fix the underlying problem.

As the Federal Reserve continues to maintain historically high interest rates, accusations mount that political motives may be at play, potentially swaying the upcoming 2024 election.

Democrats in Congress are urging the U.S. Federal Reserve to cut interest rates immediately, warning that the central bank's restrictive monetary policy is worsening the nation's housing crisis and threatening to derail a strong streak of job growth.

Emerging reports reveal a secretive push by Trump supporters to curtail the Federal Reserve's autonomy, threatening the independence of U.S. monetary policy.

The Federal Reserve called the review a “pilot exercise” to make sure the U.S. financial system is ready for the various risks presented by the climate crisis.

Economists warned that increasing interest rates too quickly was "a very dangerous approach," could make inflation worse and cause "great pain" without addressing real economic issues.

The move came after the Fed, for the first time, formally acknowledged the threat climate change poses to the global financial system.

"Big corporations have shown time and again that they will put their shareholders and executives ahead of their workers if given the choice."