It's pretty much exactly what you imagine: A central bank is the last lender for seriously distressed institutions and governments. It can do things like purchase government debt obligations ...
Federal Reserve Chair Jerome Powell hinted the central bank is unlikely to deliver President Trump his much-desired interest ...
With U.S. support for Ukraine in doubt, Kyiv’s European allies are weighing whether to seize $300 billion in frozen Russian ...
President Donald Trump late Wednesday criticized the Federal Reserve, urging the central bank to reduce interest rates, hours after it chose to leave borrowing rates unchanged. The move marked the ...
What does a central bank do when inflation undershoots or overshoots its projected target? A central bank has one important tool at its disposal to get inflation higher or lower, and that is by ...