The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change. The Fed's membership has been criticized by Republicans in Congress.

Financial markets are still concerned about inflation. The Fed influences short-term interest rates, which are falling, but longer-term bonds like the 10-year Treasury are a better reflection of inflation expectations.

Every year the Federal Reserve conducts a stress test on about 30 U.S. banks to evaluate their ability to withstand economic crises, using hypothetical scenarios such as when the unemployment rate rises to 10 percent and housing prices drop 40 percent.

The Federal Reserve began the process of cutting benchmark interest rates in September 2024, as expected. Here are two stocks that should benefit from a falling interest rate environment this year -- but rates aren't the only catalyst that could propel them higher.

To summarize, the Federal Reserve has already lowered by 50% the number of anticipated interest rate cuts in 2025. It was four in September, but that number dropped to two at the December meeting. Policymakers may revise that number lower if their economic projections once again prove incorrect.

Indexes rose after a broad sell-off on Wednesday after the Federal Reserve back rate-cut expectations at its policy meeting. The Federal Reserve cut interest rates on Wednesday but projected only ...

Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes.

Copyright 2025 The Associated Press. All Rights Reserved. Federal Reserve Board of Governors Vice Chair for Supervision Michael Barr testifies at a House Financial ...

The crash occurred around 10:50 a.m. on Jan. 15 when a westbound pickup truck crossed the centre line, forcing an eastbound pickup to swerve. The westbound truck rolled into a ditch after avoiding the eastbound vehicle, which then collided with a westbound SUV.

The year 2024 was a strong one for the U.S. stock market. The S&P 500, one of the most widely followed broad stock market indexes, posted a gain of over 23%. This was on the heels of a 24.2%

Although the past few years have been brutal for borrowers from an interest rate perspective, they’ve been fantastic for people with money in the bank. For much of 2023 and 2024, 5% CD rates were the norm,