“The white swan event would be — I don't know how this would ever happen — but these guys balance the budget.” For Grant, the black swan would be inflation rising while the Fed cuts rates ...

The Federal Reserve has scrubbed a "Diversity and Inclusion" section from its website, with previous links to a statement of the U.S. central bank's diversity standards and data on the racial, ethnic ...

US President Donald Trump looks on as his nominee for the chairman of the Federal Reserve, Jerome Powell, takes to the podium during a press event in the Rose Garden at the White House in 2017.

The orders cut funding for so-called DEI initiatives across all agencies in order to "end DEI inside the federal government," ...

Eleven of the chairs and deputy chairs appointed this year identify as Black, Hispanic, or otherwise non-white, down from 14 last year. More broadly, however, of the 108 spots on the 12 Fed bank ...

The Fed is also trying to assess how President-elect Donald Trump’s policies may influence the performance of the economy in coming months. Trump will begin his second term in the White House on ...