Trade groups representing the country’s biggest banks sued the Federal Reserve on Tuesday, accusing it of using an opaque process to test banks’ resiliency during annual stress tests.

Banking and business groups sued the Federal Reserve over the central bank’s annual stress tests, saying they’re seeking more transparency and input into how the rules are adopted. The groups ...

Groups representing banks and businesses, including the Bank Policy Institute, have filed a lawsuit on Tuesday against the Federal Reserve for violating federal law with the "opaque aspects of the ...

Major banks and business groups sued the Federal Reserve on Tuesday, alleging the U.S. central bank's annual "stress tests" of Wall Street firms violate the law. The lawsuit filed in U.S. District ...

Dec. 24 (UPI) --A group of banks and financial organizations sued the Federal Reserve Tuesday over a lack of transparency in its annual stress tests. The Bank Policy Institute, which represents ...

The United States Federal Reserve doesn’t allow for appropriate public input when designing bank stress tests, bank trade groups said in a lawsuit seeking to force the central bank to open the design ...

To fund the purchase, the government would revalue about $11 billion worth of gold certificates on the Federal Reserve’s balance sheets. Lummis said establishing a bitcoin reserve could help the ...

First, inflation using the Personal Consumption Expenditures measure, which is the Federal Reserve’s preferred measure when making decisions: PCE inflation rates over time. Put succinctly ...

The cause of this was the US Federal Reserve’s decision to cut interest rates by 0.25 per cent, in line with market expectations. The bank surprised markets by indicating there would only be two ...

Poor old Jerome Powell. The chairman of the US Federal Reserve must have thought he had a pretty good message to deliver to investors at his traditional post-meeting press conference. The Fed’s ...

WASHINGTON (AP) — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. Prices rose just ...