One Fed paper found LLMs have a surprisingly good understanding of the economic topics discussed in the Fed’s minutes, while another looked at using machine learning to forecast financial crises, Cook said.

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams declined on Wednesday to comment on President Donald Trump’s attacks on the central bank and what it might mean if the president were to somehow remove the Fed’s leader from office.

Powell sent a letter Thursday to Powell sent a letter to Office of Management and Budget Director Russ Vought in response to OMB director's letter last week criticizing the chairman's management of the $2.5 billion renovation, which is $700 million over budget, CNN reported.

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been h

Ghana's central bank held an emergency meeting on Thursday to review economic data and market developments, but did not discuss its key policy rate, Governor Johnson Asiama said, adding the main meeting is in 10 days.

Central Bank of India's Return On Assets (RoA) crossed the mark of 1%, increasing by 20 basis points year-on-year to 1.02%, while its Return on Equity (RoE) increased by 157 basis points to 14.17%.

The total income rose to Rs 10,374 crore during the June quarter of 2025-26, from Rs 9,500 crore in the same quarter of FY25, Central Bank of India said in a regulatory filing.

Ghana's central bank said on Friday that an emergency meeting of its Monetary Policy Committee on Thursday had considered whether to take immediate action but held off until a regular meeting later this month.

Following his engagements at the Bank premises, President Chakwera is expected to proceed to the Bingu International Convention Centre (BICC) where he will preside over the official opening of the Economic Symposium commemorating RBM at 60. Subscribe to get the latest posts sent to your email.

The escalating campaign by Donald Trump against the Federal Reserve chairman is unnerving the global economy. Ron Insana and Max Chafkin discuss on The 11th Hour.