Search results
Results From The WOW.Com Content Network
New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident it will start decelerating later this year.
The New York Fed noted educational levels affected the view on future inflation, saying "the overall increase in one- and three-year-ahead inflation expectations masks a decline among those ...
PALO ALTO, California (Reuters) -The U.S. central bank's 2% target for inflation is key to achieving price stability and essential for ensuring economic prosperity, New York Federal Reserve Bank ...
The country’s overall debt load reached a new peak of $17.9 trillion, thanks to across-the-board growth in mortgage, auto, credit card, education, and other consumer debt, according to Federal ...
The average interest rate for a 30-year fixed mortgage stands at nearly 6.7%, well above an average rate four years ago of 2.6%, Freddie Mac data shows. A small rate cut by the Fed would not ...
The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States.It is responsible for the Second District of the Federal Reserve System, which encompasses the State of New York, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands.
Optimism about household finances hit a multiyear high following Donald Trump’s presidential election victory in November, according to a New York Federal Reserve survey released Monday.
The former title for the chief executive officer of the New York Fed was governor and was renamed to president due to the Banking Act of 1935. [3] Akin to all other reserve bank presidents, the president of the New York Fed is nominated by the Board of Directors of the New York Fed and is approved by the Board of Governors of the Federal Reserve System. [2]