News

Is Easter Monday a federal holiday? Are banks open today? Here's what to know.
Yes, banks are open on Easter Monday, as the Federal Reserve doesn't list Easter Monday as one of its recognized holidays.
Fed proposes averaging large bank stress test results to reduce volatility
The Federal Reserve kicked off a sweeping effort to overhaul its annual stress tests of large banks on Thursday, proposing to ...
Chicago Fed chief: Central bank must be independent of politics
Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.
Dow surges more than 400 points after brutal selloff over Trump’s escalating threats on Federal Reserve
The market’s rebound comes amid growing questions over the independence of the Fed and the economic fallout from escalating ...
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Fed's Bowman vows 'pragmatic' rulemaking as top bank regulator
WASHINGTON, April 10 (Reuters) - Federal Reserve Governor Michelle Bowman told lawmakers on Thursday that she would ...
Trump’s threats to fire Fed chair put central bank’s independence into question
President Donald Trump suggested twice on Thursday he could remove the Federal Reserve’s Jerome Powell from his position as ...
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When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by ...
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Gold hits record, stocks slip as Trump fuels Fed fears
Bullion hit another record Tuesday while the dollar steadied and equities mostly fell as Donald Trump's latest salvo against ...
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RBI’s revised liquidity coverage rules will boost credit growth: Federal Bank
Harsh Dugar, Executive Director at Federal Bank, also discussed overall implications of the revised LCR norms on the banking ...