Central banks have one function, the prime directive: to uphold and maintain the value of the U.S. dollar. The important, foundational, idea is a stable: value in the medium of exchange, the U.S. dollar. Maintaining the purchasing power of the U.S. Dollar is done through control of the number of dollars in circulation.
Economic News
The following information was released by the Federal Reserve Board:. Good afternoon, thank you for the invitation to join you for the Consumer Bankers Association's CBA LIVE 2026, and for Lindsey Johnson and CBA's leadership in the industry. Congress has given the Federal Reserve a dual mandate, to promote maximum employment and stable prices.
The following information was released by the Federal Reserve Board:. Thank you for the opportunity to be part of this discussion. Last year, Congress passed the Guiding and Establishing National Innovation for U.S. Stablecoins Act, which provides some needed clarity to issuers of stablecoins about how they can fit into the regulatory framework.
The following information was released by the Federal Reserve Bank of New York:. The New York Feds Board of Directors appointed Jane Fraser, chair of the board and chief executive officer of Citi, to the Federal Reserve Board of Governors Federal Advisory Council for a one-year term, which began in January 2026. The Federal Advisory Council is composed of one…
Kim Reynolds on Thursday signed into law a measure temporarily increasing taxes on certain private health insurers to help close a growing Medicaid budget shortfall, setting up a debate over whether the move will stabilize care or drive up costs for Iowans. The legislation, House File 2739, raises the tax on health maintenance organizations from about 0.9%…
Trump said the U.S. was in serious discussions with a "more reasonable regime" to end the war that has widened since it began a month ago with U.S. and Israeli attacks on Iran. But he repeated his warning to Iran to open the Strait of Hormuz or risk U.S. attacks on Iranian oil wells and power plants. Federal Reserve Chair Jerome Powell said the U.S. central bank can wait to…
The following information was released by the Federal Reserve Bank of Dallas:. Oil and gas activity increased in first quarter 2026, according to industry executives responding to the Federal Reserve Bank of Dallas Energy Survey. The ongoing conflict in the Middle East, however, has generated substantial uncertainty for firms about the near-term outlook….
The following information was released by the Federal Reserve Bank of New York:. Remarks at the Staten Island Economic Development Corporation, Staten Island, New York City As prepared for delivery. Thank you to the Staten Island Economic Development Corporation for hosting todays event.
Boston Omaha Corporation announced its financial results for the fiscal year ended December 31, 2025, in connection with filing its Annual Report on Form 10- K with the Securities and Exchange Commission. During fiscal 2025, we had net other expense of $14.5 million, which included a $17.6 million unrealized loss on the Sky Harbour warrants held by Boston…
—Federal Reserve Chair Jerome Powell said Monday that it is important to closely monitor inflation amid a spike in energy prices from the Iran war. Powell, who spoke before nearly 400 students at Harvard University as gas prices inched toward an average of $4 per gallon in the U.S., said there wasn't a lot Fed policymakers could do since energy shocks“ tend to come…
The following information was released by the Federal Reserve Bank of Boston:. Wright joined the Boston Federal Reserve Bank in 2019, and has served as the Banks general counsel, overseeing the Legal department and providing strategic counsel to Bank leadership. He received the Boston College Law School Lifetime Achievement Award in 2024 and was inducted…
Fed Chair Powell won't call it 'stagflation'Jill On Money:
After the Federal Reserve decided to hold interest rates steady at its March policy meeting, Chairman Jerome Powell conducted a news conference. In it, he was asked whether the economy was facing stagflation. For the uninitiated, the term "stagflation" was coined in 1965 by the British politician Iain Macleod, who declared in a speech to the House of Commons: "We now…
It is important to note that the war continues unabated, with Iran continuing to fire on Gulf nations in recent hours. The Polymarket prediction market sees a ceasefire as likely to happen in the second half of April, and also sees the US as likely to send ground forces into Iran in April. 3. Stock markets are either consolidating or higher- they are doing especially…
The following information was released by the U.S. Government Accountability Office:. The Network of Central Banks and Supervisors for Greening the Financial System is a forum for sharing best practices and working on climate-related financial risk. The Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the…
Kim Reynolds on Thursday signed into law a measure temporarily increasing taxes on certain private health insurers to help close a growing Medicaid budget shortfall, setting up a debate over whether the move will stabilize care or drive up costs for Iowans. The legislation, House File 2739, raises the tax on health maintenance organizations from about 0.9%…
Kim Reynolds on Thursday signed into law a measure temporarily increasing taxes on certain private health insurers to help close a growing Medicaid budget shortfall, setting up a debate over whether the move will stabilize care or drive up costs for Iowans. The legislation, House File 2739, raises the tax on health maintenance organizations from about 0.9%…
Kim Reynolds on Thursday signed into law a measure temporarily increasing taxes on certain private health insurers to help close a growing Medicaid budget shortfall, setting up a debate over whether the move will stabilize care or drive up costs for Iowans. The legislation, House File 2739, raises the tax on health maintenance organizations from about 0.9%…
DES MOINES— A temporary tax increase on some health insurers to help fill a Medicaid budget shortfall— a move Democrats and insurers say will ultimately raise health care costs for all Iowans— is headed to Iowa Gov. Republicans defended the bill as a necessary and limited tool to stabilize Medicaid services for vulnerable Iowans and to draw down additional…
The following information was released by the Federal Reserve Bank of Richmond:. President, Federal Reserve Bank of Richmond. Appalachian Highlands Economic Forum at East Tennessee State University.
