By Andrew Moran The Federal Reserve will “eventually” cut interest rates as the central bank continues to inch toward achieving its inflation target of 2 percent, New York Fed President John Williams told a prominent event on Monday. Appearing at the Milken Institute 202 Global Conference in Beverly Hills, California, Mr. Williams soothed financial markets […]
Tag: Federal Reserve Bank
A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913.