Economic News

The news reporters obtained a quote from the research from Federal Reserve Bank,“ The gravity equation is estimated with nonlinear methods. For more information on this research see: International Technology Licensing, Intellectual Property Rights, and Tax Havens. Review of Economics and Statistics, 2026; 108: 210-224. Review of Economics and Statistics can…

Adam Currie, President and CEO of First Bank, has been elected as a Class A Director of the Federal Reserve Bank of Richmond as part of the 2025– 2027 term for the Richmond Fed's Board of Directors, which includes business and community leaders from across the Fifth Federal Reserve District comprising North Carolina, South Carolina, Virginia, Washington, D.C.,…

The following information was released by the Federal Reserve Board:. The Federal Reserve Board on Thursday announced its approval of the application by Cooperativa de Ahorro y Credito Elga, Ltda., of Tegucigalpa, Honduras, to establish a representative office in Miami, Florida. For media inquiries, please email or call 202-452-2955..

—A measure of inflation may have fallen to a five-year low in January as rental costs have cooled, a sign that some prices are moderating while Americans continue to grapple with a big rise in overall prices in the past five years. Inflation is forecast to have fallen to a 2.5% annual rate in January from 2.7% in December in the latest government report on consumer…

Remarks at the Fixed Income Analysts Society, Inc., Women in Fixed Income Conference, Federal Reserve Bank of New York, New York City As prepared for delivery. This is the third consecutive year that the New York Fed has co-hosted the Women in Fixed Income conference, which provides us with an opportunity to exchange ideas and build relationships across the…

The Federal Reserve did not intervene in foreign exchange markets during the October December 2025 quarter, while the U.S. Treasury intervened in foreign exchange markets over the period, the Federal Reserve Bank of New York said today in its quarterly report to the U.S. Congress. The dollars modest depreciation occurred amid a slight narrowing in interest…

Thom Tillis from North Carolina suggested Thursday he could support a compromise that would allow the Senate Banking Committee to start hearings on Kevin Warsh, President Donald Trump’ s nominee to chair the Federal Reserve. Treasury Secretary Scott Bessent has suggested that the banking committee, rather than the Justice Department, investigate cost…

The following information was released by the American Bankers Association:. ABA president and CEO Rob Nichols and Federal Reserve Vice Chair for Supervision Michelle Bowman will address community bankers from across the country at the American Bankers Association's Conference for Community Bankers next Monday, Feb. 16 in Orlando, Florida.

The nation's labor market is in the midst of long-term transformation— and central banker Jeffrey Schmid expects artificial intelligence to play a significant role in shaping the road ahead. AI's role in the workforce was one of several insights Schmid, president and chief executive officer of the Federal Reserve Bank of Kansas City, shared with local…

Northern Utah residents and business owners attended to hear from representatives of Cache and Rich counties, two Utah State University economic experts and the founder of a macroeconomic consulting company. Mahedy presented about the national economy, focusing on interest rates and the Federal Reserve, and how future interest rate decisions may impact…

U.S. stocks wobbled after feeling both the upside and downside of a surprisingly strong report on the U.S. job market. Treasury yields remained higher in the bond market. The downside is that it could discourage the Federal Reserve from cutting interest rates.

The following information was released by the Federal Reserve Bank of New York:. The Federal Reserve Bank of New York today released a report by its Community Development team finding that assets held by Community Development Financial Institutions shrank 3% between Q4 2023 and Q2 2025. "The modest decline in both the number of certified CDFIs and their assets…

The new survey analyzed the latest consumer finance data from the New York Federal Reserve and the U.S. Bureau of Labor Statistics. This comes at the same time as total household debt exceeded $18.59 trillion in quarter three of 2025, $900 billion behind the all-time high experienced during the 2008 financial crisis. U.S. Treasury Secretary Scott Bessent said…

First, the estimated $90 billion to $100 billion increase in refunds, a result of several provisions of the budget law enacted last year, amounts to only about 0.3% of annual gross domestic product. But IRS figures show that it's difficult for any tax cut not to land mostly in the bank accounts of the affluent. In the 2022 tax year, the most recent for which such…

How much more are you paying for everything because of the U.S. government's excessive spending? U.S. consumers paid $160 billion in credit card interest in 2024, averaging just under $1,200 per household. Greszler, a former senior economist on the staff of the U.S. Congress' Joint Economic Committee, argues that Americans are paying higher costs because of it.

Dallas Fed President Lorie Logan delivered these remarks at the FIA-SIFMA Asset Management Derivatives Forum in Austin, Texas. Im excited to welcome you to the Eleventh Federal Reserve district, and I appreciate the opportunity to talk with you at this years Asset Management Derivatives Forum about the U.S. economy and monetary policy.

President Trump recently nominated Kevin Warsh to become the next chairman of the Federal Reserve's Board of Governors. The Fed chair, for example, only has one out of 12 votes on the Federal Open Market Committee, the crucial decision-making body that sets interest rates. Princeton University economist Alan Blinder researches and teaches about the Fed.

—Shares were moderately higher in Asia on Wednesday after U.S. stocks drifted to a mixed finish following a discouraging report on how much money U.S. retailers made during the holidays. U.S. futures edged higher and prices of gold, silver and oil also advanced. Hopes rose that the Federal Reserve will cut interest rates later this year to boost the economy…

2026 FEB 10– By a News Reporter-Staff News Editor at Economics Daily Report– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ CENTRAL BANK OF THE MIDWEST” by Kent R. Erickson AVEK IP, LLC, representing Central Bancompany, Inc. This application was made available to the public on January…