By Andrew Moran August saw an unexpected rise in import prices, signaling that foreign companies chose not to lower their costs, according to new U.S. government data released on Sept. 16. According to the Bureau of Labor Statistics, import prices rose 0.3 percent last month from a 0.2 percent boost in July. This represented the […]
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.
