Page 8 - Marriners Eccles News Today

The Federal Reserve will only issue a central bank digital currency (CBDC) with support from the White House and Congress, says Nellie Liang.

Stocks stalled on Wall Street on Wednesday, a day after falling to their worst loss since December on worries about higher interest rates.

Stocks tumbled to their worst day in two months Tuesday, buckling under worries about higher interest rates and their squeeze on Wall Street and the economy.

A top Federal Reserve official downplayed recent signs that the economy is strengthening, but also said he is prepared to keep raising interest rates in smaller increments as often as needed to quell inflation.

A top Federal Reserve official downplayed recent signs that the economy is strengthening, but also said he is prepared to keep raising interest rates in

Two officials said Tuesday that interest rates may need to move to a higher level than anticipated to ensure inflation continues to ease.

Commentary How does the minimum wage affect the Fed's biggest fear? I touched on this subject previously as ...

American banks are chasing consumers to open new accounts, after a massive exodus of deposits over the past ...

The Federal Reserve Bank of Kansas City's decision comes just hours after the Federal Reserve Board of Governors blocked the digital asset bank's bid to become a member bank.

Mohamed El-Erian, an eminent economist and the chief economic advisor at Allianz, does not find the "inflation dynamics" to be "encouraging."