The Central Bank of Liberia has maintained its Monetary Policy Rate at 16.25 percent, expressing confidence in the continued moderation of inflation and the resilience of the domestic economy, following its Monetary Policy Committee meeting held on January 28, 2026. In a communiqué issued after the meeting, the MPC said the decision reflects sustained…
Economic News
At their Jan. 27-28 meeting the Federal Reserve opted to maintain the federal funds rate's current level. The Fed had a three-meeting streak of rate cuts going at the end of 2025, brought on by concerns about the labor market. The Fed felt good enough about the job market to pause its rate cuts last month.
The Federal Reserve left interest rates alone at its first meeting of the year, keeping borrowing costs at a multiyear high for Americans as policymakers grow more cautious. Before restarting rate cuts, policymakers will likely want to see convincing evidence that either inflation is retreating back to 2% or that the labor market is starting to lose more…
The following information was released by the Federal Reserve Bank of Richmond:. President, Federal Reserve Bank of Richmond. These are my thoughts only and not those of anyone else on the Federal Open Market Committee or in the Federal Reserve System.
Washington, D.C. All eleven Democratic Members of the Senate Committee on Banking, Housing, and Urban Affairs sent a letter to Chairman Tim Scott calling on him to delay the nomination hearing of President Trump's Fed Nominee, Kevin Warsh, until all pretextual investigations against current Federal Reserve Board members are closed. Signers of the letter to…
Trump economic advisor and current Federal Reserve Governor Stephen Miran was nominated to a short, four-month term at the Federal Reserve that ended last Saturday, January 31. Your extended tenure at the Federal Reserve has only compounded what was an improper arrangement from the outset, and this dual employment must end. " At worst, you are doing the…
Your extended tenure at the Federal Reserve has only compounded what was an improper arrangement from the outset, and this dual employment must end. " At worst, you are doing the President's bidding and threatening to put the nation on the same path of high inflation and high unemployment known as stagflation we experienced when President Nixon similarly…
—Federal Reserve governor Stephen Miran has stepped down from his position as chair of the White House's Council of Economic Advisers, ending a controversial arrangement where he held positions at both institutions. His resignation was confirmed by White House spokesman Kush Desai late Tuesday. It is unusual for someone to keep a White House position while…
2026 FEB 03– By a News Reporter-Staff News Editor at Economics Daily Report– A new study on Investment is now available. Financial supporters for this research include China Postdoctoral Science Foundation Project‘ Semantic Recognition of Central Bank Communication, Guidance of Inflation Expectations and Optimization of Central Bank Credibility’, China…
Arko Petroleum is seeking a valuation of as much as $910 million in its U.S. initial public offering, the company said Tuesday, the latest to test the waters in a strong listings market. Henrico County-based Fortune 500 convenience store operator Arko filed a registration statement Dec. 19, 2025, with the U.S. Securities and Exchange Commission for the IPO of its…
Last week saw the price of silver drop after President Trump revealed plans to nominate Kevin Warsh as the next Head of the Federal Reserve. Warsh is a bank executive and financier who’s previously served as a member of the Fed’s Board of Governors and has now been named as the president’s choice to head that institution after Jerome Powell retires from the role. Enterprises like Collective Mining Ltd. […]
The following information was released by the Cato Institute:. President Trump has nominated Kevin Warsh to be the next Chair of the Federal Reserve. In a new statement, Cato scholars Norbert Michel, Jai Kedia and Nicholas Anthony say:.
The U.S. Federal Reserve cut its overnight interest rate twice during the quarter as its labour market showed signs of cooling, while the Bank of Canada cut its benchmark rate in October and maintained the rate at its December meeting, acknowledging some improvement in the labour market and employment activity. The outlook improved as the U.S. government…
ICE Clear Credit’ s U.S. Treasury clearing service is now fully operationally live, providing market participants with welcome competition and the first ever alternative venue for clearing U.S. Treasury securities. “Since we first announced plans to launch a U.S. Treasury securities clearing service, we have heard a resounding message that U.S. Treasury…
Today, U.S. Senators Alex Padilla and Adam Schiff issued the following statement in reaction to Donald Trump's new nomination of Kevin Warsh to serve as Chair of the Federal Reserve:. "Donald Trump has relentlessly pursued a campaign of political coercion and retribution against the Federal Reserve, weaponizing our justice system to pressure members of the…
On Monday of last week the GBP/USD started out near the 1.36600 ratio, a jump higher after its close the prior weekend. U.S Federal Reserve and New Developments. The GBP/USD went into the U.S Fed FOMC meeting testing the 1.37700 to 1.37900 realms depending on what minute of the day it was.
President Donald Trump’ s pick to chair the U.S. Federal Reserve has a connection to one of the leading candidates for the GOP nomination to U.S. Senate in Kentucky. Kevin Warsh, who was announced as Trump’ s selection to chair the independent central banking system Friday, served on the advisory board of a company run by Nate Morris, a Lexington entrepreneur who is…
According to news originating from Washington, District of Columbia, by NewsRx correspondents, research stated,“ We study the aggregate and redistributive effects of currency devaluations in a small open economy model with leverage-constrained banks and heterogeneous households. Our news journalists obtained a quote from the research from Federal…
“The President’ s war on the Fed and its independence must end, and until it does, we will oppose every one of his nominees to the Federal Reserve Board of Governors, including this one,” the senators, both Democrats, said in a statement. They explained that in their view,“ Donald Trump has relentlessly pursued a campaign of political coercion and retribution against the…
