Federal Reserve System
Coverage of Federal Reserve System in the Nexus archive.
- Alan Greenspan, economist, former Federal Reserve chairman, dies at 100
Alan Greenspan, a former Federal Reserve chairman, died at the age of 100. He was the chairman of the board of governors of the Federal Reserve System.
- Alan Greenspan, economist, former Federal Reserve chairman, dies at 100
Alan Greenspan, former chairman of the Federal Reserve System, died on Monday at the age of 100.
- April home sales disappoint as higher mortgage rates weigh on buyers
Home sales in April were disappointing due to higher mortgage rates and uncertainty over the war with Iran, resulting in barely any movement. Mortgage rates increased in the previous month, affecting buyer decisions. The situation reflects a challenging time for the housing market.
- Fed Moving Towards Symmetrical Policy, JPMorgan's Michele Says
The Federal Reserve is reportedly shifting toward a symmetrical policy approach, according to JPMorgan Chase economist Michele W. Cox. This marks a potential departure from traditional asymmetrical monetary policy frameworks.
- Fed May Take 2% Inflation Goal off Table, Hoenig Says
James Bullard Hoenig, a Federal Reserve official, suggests the Fed may reconsider its 2% inflation target. The statement indicates a potential shift in monetary policy priorities.
- Fed, BOJ, Bank of Canada Expected to Hold Rates
The Federal Reserve, Bank of Japan, and Bank of Canada are expected to maintain their current interest rates. The decision reflects a cautious approach amid ongoing economic uncertainties.
- Trump threatens to fire Fed chair Powell if he doesn't leave in May
Donald Trump has threatened to fire Federal Reserve Chair Jerome Powell if he does not resign by May, escalating their ongoing conflict. The move highlights tensions between the former U.S. president and the central bank leader.
- DOJ prosecutors turned away after unannounced visit to Fed construction site: Sources
DOJ prosecutors attempted an unannounced visit to a Federal Reserve construction site but were turned away. Sources report the incident highlights potential tensions between regulatory agencies and federal infrastructure projects.