Federal Reserve

Federal Reserve study on digital currency leans to role for banks

Banks or payment firms would create accounts or digital wallets, the report said

By Christopher Rugaber, The Associated Press |January 20, 2022

4 min read

U.S. economy on solid path despite omicron

Moody's Investors Service sees three rate hikes in 2022

By James Langton |January 17, 2022

2 min read

Biden proposes three new U.S. Fed governors

If approved by the United States Senate, Michigan State prof Lisa Cook would be the first Black woman to serve on the Federal Reserve Board of Governors

By Christopher Rugaber, The Associated Press |January 14, 2022

4 min read

U.S. inflation soared 7% in past year, the most since 1982

Core prices jumped 5.5% year over year in the United States, the highest such increase since 1991, driven in part by mismatches between demand and supply

By Christopher Rugaber, The Associated Press |January 12, 2022

4 min read