Why The Fed Is Mostly Powerless To Lower Housing Inflation
The Federal Reserve's job is to control inflation, but has little ability to influence one of its biggest drivers, Fed Chair ...
Fed is ‘close but not there’ on getting inflation under control, Powell says
Federal Reserve Chair Jerome Powell said Wednesday that the January consumer-price index data fit with an overall picture that the Fed is “close but not there” on getting inflation back to its 2% ...
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Sayonara central bank independence?
“Central bank independence is a fundamental component of the social arrangements aimed at preserving trust in the value of money and keeping inflation under control”. He adds that one needs to ...
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The Fed is hitting the pause button on rate cuts, for now. Here's the impact on your money.
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
Almost a third of central banks delaying digital currency plans, report shows
Nearly a third of central banks have pushed back launching digital versions of their currencies, a new survey shows, although a desire to protect their money-minting powers mean most still intend to ...
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PNG Central Bank Chief Appointed Amid Money Laundering Investigation
Elizabeth Genia was appointed governor of the Bank of Papua New Guinea despite fighting in court to block a police ...
Who should have the final say over central banks?
The 2008 financial crisis and its aftermath vaulted central bankers from obscure technocrats to leading actors in the global economy.