Tag Archives: Federal Reserve

The United States Federal Reserve is showing more signs that it is moving forward with efforts to establish its own official digital currency. The Fed announced on Thursday that it plans to publish a research paper in the summer that explores the prospects of issuing a digital currency, CNBC reported. …

The United States economy is showing some recovery signs and the Federal Reserve might sooner rather than later start considering reducing its monetary support and easing policies, President of the Federal Reserve Bank of Dallas Robert Kaplan said on Thursday. “Maybe taking the foot gently off the accelerator would be …

The Federal Reserve Bank of Philadelphia’s business activity index declined to 31.5 this month from 50.2 in April, showing a steep decline in activity. The survey results, published on Thursday, indicated that factory activity plummeted this month, following its best increase in about 50 years last month. The employment index …

Minutes of the United States Federal Reserve’s April meeting showed that a number of monetary policy makers are beginning to contemplate the idea of changing the current easing policies, amid signs of economic recovery. “A number of participants suggested that if the economy continued to make rapid progress” toward the …

Markets are anticipating the release of the United States Federal Reserve’s minutes of its April meeting, due to be released on Wednesday. The meeting minutes are expect to publicly show some signs that there was a discussion among the monetary policy maker on whether the central bank should raise interest …

The United States Federal Reserve Vice Chair, Richard Clarida, said on Monday that economic growth could exceed 6% and reach 7% in 2021, as he spoke to an event organized by the Federal Reserve Bank of Atlanta. The Fed’s Vice Chair believes the rise in inflation is temporary and that …

The President of the Federal Reserve Bank of Philadelphia, Patrick Harker, said on Tuesday that the U.S. economy needs more time to recover before reducing the current pace of asset purchases. “I don’t want to change a whole lot until we’re clear of this ditch we’ve dug ourselves into with …

The United States Federal Reserve Governor, Lael Brainard, said on Tuesday that the U.S. economy is recovering but remains challenged by uncertainty, reiterating the need for patience in monetary policy. “The outlook is bright, but risks remain, and we are far from our goals.”“Basing monetary policy on outcomes rather than …

A recent report by the United States Federal Reserve suggested that American monetary policymakers remain concerned about the bond sell off last February, which led to a surge in Treasury yields, Reuters reported. Developments highlighted the importance of continued focus on Treasury market resilience, according to the Fed’s semi-annual Financial …

The President of the Federal Reserve Bank of Atlanta, Raphael Bostic, said on Thursday that it is likely that last month has probably witnessed a strong surge in new job opportunities that might have exceeded a million. April’s reading of nonfarm payrolls and the unemployment rate are due to be …