Tag Archives: Federal Reserve

Reuters reports: U.S. President Donald Trump is considering Herman Cain for a seat on the Federal Reserve board, a Bloomberg reporter said on Twitter. Cain made his fortune as pizza executive before making a bid to be the Republican candidate in the 2012 presidential election. Mitt Romney ultimately won that nomination, but lost the election to former President Barack Obama. …

Reuters reports: The U.S. Federal Reserve raised interest rates by a quarter point on Wednesday and signaled a faster pace of increases in 2017 as the Trump administration takes over with promises to boost growth through tax cuts, spending and deregulation. The rate increase, regarded as a virtual certainty by financial markets in the wake of a string of generally …