Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...

The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths diverge, as the United States holds interest rates steady, the euro zone cuts ...

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

Federal Reserve Chair Jerome Powell told reporters that bank reserves appear to remain abundant, leaving room for the central bank to continue shrinking its balance sheet, a process widely known as ...

Follow live coverage of the January FOMC meeting, interest-rate announcement, and Fed chairman Jerome Powell's press ...

January 2025 in India offers several key bank holidays, celebrated both nationally and regionally, giving workers and employees a much-needed break. One of the prominent holidays is New Year’s ...

The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure ...

Most banks are closed on the 11 holidays when the Federal Reserve is closed. You can usually find alternative ways to bank when your bank isn’t open. A bank holiday, like a weekend, can affect ...

Banks Are Putting the Federal Reserve to the "Stress Test" A coalition of major banks and business groups, including JPMorgan, Citigroup, and Goldman Sachs, are suing the fed over its annual bank ...

The complete text of the Bank Act can be found on the Department of Justice website. The following sections of the Bank Act are designated as consumer provisions: (a) paragraphs 157(2)(e), sections ...

Though the law recognizes both Martin Luther King Day and Inauguration Day as federal holidays, this does not mean that individuals working for private businesses are required to have two days of ...