FOMC's monetary policy influences interest rates and credit norms, which impacts economic productivity along with spending and investment decisions by households and businesses.
Ned Ryun comments on Rep. Ana Paulina Luna accusing Federal Reserve Chair of lying to Congress about renovations to the central bank's DC headquarters. "If you cannot manage renovation projects that ...
A member of the Federal Reserve panel that makes decisions about monetary policy said that he favors keeping interest rates at their current level to prevent strong levels of economic activity ...