Milliman, Inc., a premier global consulting and actuarial firm, today announced the launch of two active exchange-traded funds that seek to meet the rising cost of U.S. healthcare. Both ETFs are advised by Milliman Financial Risk Management LLC, a global leader in financial risk management to the retirement savings industry, advising on approximately $242…
Economic News
The following information was released by the University of Virginia's Darden Graduate School of Business Administration:. Sticky inflation, risks to the labor market and rising oil prices have put the U.S. Federal Reserve back in the spotlight. Drawing on those records, the "FOMC Oracle" models how Fed chairs from Arthur Burns to Jerome Powell, and even…
The following information was released by the Federal Reserve Bank of Chicago:. Austan Goolsbee, president and CEO of the Chicago Fed, will participate in a panel discussion on May 8 at the 2026 Hoover Institution Monetary Policy Conference in Stanford, California. Federal Reserve Vice Chair for Supervision Michelle Bowman, Federal Reserve Governor…
—President Donald Trump’ s nominee to chair the Federal Reserve said Tuesday that he never promised the White House that he would cut interest rates, even as the president renewed his calls for the central bank to do so. “The president never once asked me to commit to any particular interest rate decision, period,” Kevin Warsh, a former top Fed official, said under…
2026 APR 20– By a News Reporter-Staff News Editor at Economics Daily Report– Investigators publish new report on Economics. Our news journalists obtained a quote from the research from Federal Reserve Bank,“ In this framework, default risk creates inflation pressures through an expectations channel, and tight monetary policy disincentivizes fiscal…
The following information was released by the Federal Reserve Bank of Atlanta:. The Federal Reserve Payments Study has released new data detailing the annual payments activity of the largest depository institutions in the US from 2015 through 2022. The number and value of three major clearing and settlement systems in the United States are included: check,…
The following information was released by the Federal Reserve Bank of Atlanta:. Raphael Bostic, who previously held the position, retired at the end of February. One of those is a public community survey conducted in February by the Bank's Economic Survey Research Center.
The following information was released by the Federal Reserve Bank of Atlanta:. Nowhere is the number "two" more debated these days than in the 2 percent inflation target set by the Federal Reserve. In order to comply with its congressional mandate to foster price stability and maximum employment, the Fed's rate-setting Federal Open Market Committee would…
Why does the Federal Reserve care about employment? Section 2 A of the Federal Reserve Act states, " The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long-run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote…
The Government of Italy, through the Ministry of Economy and Finance and the Ministry of Foreign Affairs and International Cooperation and the African Development Bank Group have signed a bilateral co-financing agreement strengthening their strategic partnership to support priority projects across key sectors in Africa, including energy,…
The following information was released by the University of Virginia's Darden Graduate School of Business Administration:. Over the past year, President Trump has intensified pressure on the Federal Reserve and Chair Jerome Powell to lower interest rates in a bid to boost the economy and cut borrowing costs. The question of central bank independence came up…
The following information was released by the Federal Reserve Bank of Dallas:. The forecast is based on an average of four models that include projected national GDP, oil futures prices, and the Texas and U.S. leading indexes. Texas employment growth slowed sharply in February and year-to-date growth is now more aligned with earlier forecasts for 2026, said…
President Donald Trump’ s campaign against the Federal Reserve resumed this week, as he threatened to fire Chairman Jerome Powell and the Justice Department sent prosecutors to inspect construction at the central bank’ s headquarters. His Justice Department opened a criminal investigation of Powell, related to his testimony about the Fed’ s renovations, and…
President Donald Trump has again threatened to oust Federal Reserve Chair Jerome Powell, putting at risk a keystone of good economic policy and inflation management: central bank independence. Powell has said he intends to remain at the helm after that if his replacement has not yet been confirmed by the Senate. Trump has promised to fire Powell a number of…
At First Bristol County National in Attleboro, about 500 $2 bills were scoffed up the first morning they were available. At the Federal Reserve in Boston, nearly $13 million in $2 bills were distributed in the first week, raising fears that they would be out of circulation due to hoarding customers. Mark Coogan of Attleboro finished 19th in the Boston Marathon.
President Donald Trump’ s campaign against the Federal Reserve resumed this week, as he threatened to fire Chair-man Jerome Powell and the Justice Department sent prosecutors to inspect construction at the central bank’ s headquarters. His Justice Department opened a criminal investigation of Powell, related to his testimony about the Fed’ s renovations, and…
—President Donald Trump's nominee to run the Federal Reserve, Kevin Warsh, is likely to face tough questions about his vast financial holdings at a hearing next week by the Senate Banking Committee. Warsh has large stakes in several investment funds and owns a solo financial advisory firm, Vicarage LLC. Thom Tillis, a North Carolina Republican and member of the…
The following information was released by the Federal Reserve Bank of New York:. Remarks at the Federal Home Loan Bank of New York 2026 Member Symposium, New York City As prepared for delivery. And just as astronauts travel through competing gravitational forces to circle the dark side of the moon, the FOMC navigates through uncertainty as it balances the risks…
WASHINGTON— U.S. Treasury Secretary Scott Bessent said Tuesday he was confident that core inflation would continue to go down in the United States despite the Iran war, and repeated his call for the Federal Reserve to cut interest rates. Bessent said he could understand if U.S. central bankers wanted to observe economic developments related to the war before…
