In the years after the Great Recession, banks chose to keep some $420 billion in their reserves rather than loan it out to ...
As mentioned, mortgage rates haven't fallen in line with the Fed's rate cuts because they depend on factors beyond the agency's benchmark rate, such as the economy and 10-year Treasury bond yields.
Donald Trump won office promising to bring down inflation. Economists and the Federal Reserve suspect his promises of tariffs ...
Former Fed Vice Chair Randal Quarles dismissed concerns about Fed independence under Trump, citing structural safeguards ...