The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the ...
The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.” ...
President Trump called for the Federal Reserve to lower interest rates on Thursday in his first public comments on the central bank since taking office. The pressure campaign won’t do much to bring ...
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network ...
Five of the Fed's seven governors voted in favor of leaving the network, including Chair Jerome Powell. Governors Michael Barr and Adriana Kugler abstained.