Browsing: Federal Reserve

Economy Fix the frame, wipe the glass

Recent experience, particularly with the Bank Term Funding Program, shows how to improve the functioning of the Fed’s discount window and strengthen financial stability.

Economy Report: FOMC sees progress in inflation fight

At 5.25% to 5.5%, the target range for the federal funds rate has likely reached its peak in a cycle of policy tightening that began in early 2022, the Federal Reserve said in the first of its biannual reports to Congress on monetary policy.

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