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#centralbank

2 posts2 participants0 posts today

Breaking economy totally Trump has called 4 #termination of #FederalReserve Chairman #JeromePowell in a dispute over #interestrates, cutting across the political independence of US #centralbank. The Federal Reserve's decision-making is supposed to be free [not any more] from #political interference so it can make calls it believes are right for country and the economy rather than in the interests of presidents or lawmakers. #economy #financialsystem #financialstability newsweek.com/trump-demands-ter

Breaking News
Newsweek · Trump Demands 'Termination' of Fed's Jerome PowellBy Shane Croucher

Via #LLRX - AI in Finance and Banking, 3/31/25 - Semi-monthly column by Sabrina I. Pacifici @bespacific. Five highlights from this post: More than 200 Lloyds bank bosses to receive artificial intelligence training; How Much Should We Spend to Reduce #AI’s Existential #Risk?; #China’s #CentralBank Pushes for #ArtificialIntelligence Integration in Digital #Finance; Why, what; and how financial services firms can be AI-First; and Euromoney report – #AI in #Banking. llrx.com/2025/03/ai-in-finance #finance

www.llrx.comAI in Finance and Banking – March 31, 2025 – LLRX

US #CentralBank holds #InterestRates steady

#TheFed said it will slow the pace of the drawdown of its balance sheet, as it faces challenges in assessing #market liquidity….

Stmnt: "The Cmte will continue reducing its holdings of #Treasury #securities & agency #debt & #mortgage‑backed securities. Beginning in April, the Cmte will slow the pace of decline of its securities holdings by reducing the monthly redemption cap on Treasury securities from $25B to $5B."

#economy
reuters.com/world/us/fed-meeti

Via #LLRX #AI in #Finance and #Banking, 03/18/25 Semi-monthly column by Sabrina I. Pacifici 5 highlights - The #Finance Sector Is Hitting an Inflection Point With #AI; #ArtificialIntelligence and the #Labor Market; #China #centralbank vows to promote applications of AI #largelanguagemodels; AI and the Extended Workday: Productivity, #Contracting Efficiency, and Distribution of Rents; and The AI #supplychain
llrx.com/2025/03/ai-in-finance #banking #economy

llrx.comAI in Finance and Banking, March 18, 2025 – LLRX