The yen touched an eight-week high versus the dollar on Thursday after a Bank of Japan policy board member advocated ...

This article looks into the latest developments in U.S. monetary policy, the broader implications and the uncertain path ahead.

Congress amended the Federal Reserve Act in 1977 to include additional reforms, such as requiring the Fed chair to report to Congress twice a year to testify on the central bank’s activity.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...

Hedge funds started 2025 buoyed by choppier markets driven by uncertainty over new U.S. President Donald Trump's policies and ...

WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a ...

Federal Reserve Chair Jerome Powell has over the years steadfastly defended the central bank's independence. Most recently, he underlined at a New York Times event in December that insulating the ...

Recent data show Japanese workers are gaining better wages and are generally set to receive solid pay raises in their ...

What is the Federal Reserve — and why does it meet? The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s ...

Critics also argue that the Federal Reserve Bank violates the Constitution by being too closely tied to the private sector and lacking transparency and accountability. Some people are opposed to ...

Despite limited developments that would justify a policy shift since December, Japan's central bank nevertheless went ahead to raise interest rates.