U.S. Federal Reserve
The Latest
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U.S. Fed Repudiates Trump; Hikes Interest Rates Again
Declaring that "political considerations play no role whatsoever in our discussions or decisions about monetary policy," the U.S. Federal Reserve went ahead and raised its benchmark interest rate a quarter-point but lowered its projections for future hikes in 2019. Declaring that "political considerations play no role whatsoever in our discussions or decisions about monetary policy," the U.S. Federal Reserve went ahead and raised its benchmark interest rate a quarter-point but lowered its projections for future hikes in 2019. -
China’s Banking Regulator Warns of Tough Years Ahead for Banking Industry
China's banking sector regulator has sharply told the country's banking industry the central government in Beijing won't tolerate any further credit expansion that will severely harm the country's efforts to get growth back on track. China's banking sector regulator has sharply told the country's banking industry the central government in Beijing won't tolerate any further credit expansion that will severely harm the country's efforts to get growth back on track.