Federal Reserve announces the leadership and objectives of its task forces to advance the conduct of monetary policy

WASHINGTON D.C. – The Federal Reserve, on Thursday, July 9, 2026, unveiled the leadership and strategic objectives of five newly formed task forces designed to rigorously examine and advance the…

97 Instead of 200 Dollars – Why the Oil Shock in the Iran War is Failing to Materialize

Despite escalating tensions and direct confrontations between the United States and Iran, the price of oil has remained surprisingly stable, hovering around 97 dollars per barrel. This stands in stark…

Minutes of the Board’s discount rate meetings on June 8 and June 17, 2026

The Federal Reserve Board, on Tuesday, July 14, 2026, formally released the minutes from its recent meetings held on June 8 and June 17, 2026. These meetings were convened to…

Opec plus halts production targets for the first time since autumn

The influential oil-producing alliance, OPEC plus, has announced a significant decision to maintain its current production targets for the upcoming month of October, marking a notable departure from its recent…

Federal Reserve Board issues enforcement action with former chief lending officer of Heritage State Bank

The Federal Reserve Board, the central banking system of the United States, on Thursday, July 16, 2026, announced a significant enforcement action against James Burns, the former Chief Lending Officer…

Fed-Chef Kevin Warsh can now only make himself unpopular

With his demand for lower interest rates, Trump is also putting pressure on Powell’s successor. No matter how the next decision turns out: Warsh only has bad options, believes Astrid…

Agencies issue joint statement on handling of highly sensitive information during bank examinations

Federal bank regulatory agencies today, July 16, 2026, unveiled a unified front in the ongoing battle against sophisticated cyber threats, issuing a joint statement that significantly enhances security protocols for…

95 instead of 200 dollars – why the oil shock in the Iran war is absent

Just months ago, oil prices would have reacted far more dramatically to such news. At the beginning of the Iran war in late February, the price of oil shot up…

Federal Reserve issues FOMC statement

Washington, D.C. – The Federal Reserve’s monetary policy-setting committee, the Federal Open Market Committee (FOMC), concluded its two-day meeting on July 29, 2026, by voting to maintain the target range…

Parents Considering Renting to Their Children Must Navigate Specific Tax and Legal Requirements

As the academic year commences, a significant number of students are embarking on a new chapter, often involving a relocation to pursue higher education. This annual influx of young scholars…