Eligible financial firms borrowed a record amount of cash from the Federal Reserve Bank of New York’s Standing Repo Facility, ...
John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs “in the near term.” By Colby Smith Colby Smith covers the Federal Reserve.
Some policymakers at the central bank are in a rush to lower interest rates after the Federal Reserve’s first cut this year, while others are urging caution. By Colby Smith Colby Smith covers the ...
On its 112th anniversary, the Federal Reserve's track record speaks clearly: 97% purchasing power lost, M2 up 140,000%.
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