The Latest Breaking News from US Federal Reserve

Jamie Dimon said the Federal Reserve ‘waited too long and did too little’ as inflation has surged in the past 18 months

Considering the resiliency of the labor market, the Fed is expected to continue with its aggressive rate hikes. On the other hand, the recession odds are rising. Therefore, fundamentally weak penny stocks Tellurian (TELL), Gevo (GEVO), FingerMotion (FNGR), Faraday Future Intelligent Electric (FFIE), and BitNile (NILE) might be best avoided…

Income investors love real estate investment trusts (REITs) because of the high dividend yields they offer. And most REITs now have higher than normal yields because of the rising interest rates the Federal Reserve has initiated this year to combat inflation and the subsequent price declines of the entire REIT…

This year’s Nobel prize in economics, known as the Sveriges Riksbank Prize in Economic Sciences, has gone to Douglas Diamond, Philip Dybvig and former Federal Reserve Chair Ben Bernanke for their work on banks and how they relate to financial crises.

Former Federal Reserve Chair Ben S. Bernanke and two U.S.-based colleagues won the 2022 Nobel Prize in economics for their research into banking and financial crises.

Bernanke, University of Chicago professor Douglas W. Diamond and Philip H. Dybvig were recognized Monday for their research into the fallout from bank failures.

Bernanke was able to put theory into practice as chairman of the Federal Reserve.

Former Federal Reserve chairman Ben Bernanke and two academic economists — Douglas Diamond and Philip Dybvig — share this year's Nobel Prize in economics for their work on bank runs.

A US trio on Monday won the Nobel Economics Prize for research on banking's role in the economy, especially on the importance of avoiding collapses during financial crises.