Reserve

The Federal Reserve announced Wednesday that it will lower its benchmark rate by another quarter point, or 25 basis points. This marks the third rate cut in a row — all together shaving a full percentage point off the federal funds rate…

A group of banks and business groups are suing the Federal Reserve over the annual bank stress tests.The Bank Policy Institute, which represents big banks like JPMorgan, Citigroup and Goldman Sachs, is joining the American Bankers…

SINGAPORE — Futures in the Asia-Pacific pointed to a mixed open as investors look ahead to the Reserve Bank of Australia's rate decision.The Nikkei futures contract in Chicago was at 26,445 while its counterpart in Osaka was at 26,230.…

Reserve Bank of India (RBI) on Wednesday upped inflation projection for the current fiscal to 6.7 per cent from 5.7 per cent forecast in April. RBI Governor Shaktikanta Das said the upside risk to inflation persists…

The Federal Reserve says it can only do so much to address earnings and wealth disparities, but feels an obligation to at least research the economic implications of uneven economic outcomes in the U.S.The Fed’s own statistics confirm…