DOJ, Fed
Digest more
Federal Reserve System, Trump
Digest more
The Federal Reserve has several tools to manage the money supply and keep the economy running smoothly. Learn how the central bank sets monetary policy.
B added, repo/RRP volatility, deposit swings, and inflation risks amid politics. Read more macro analysis here.
The Secretary of the Treasury suspended production of the 1-cent coin, with the final penny pressed Nov. 12., after determining it was no longer needed—and becoming increasingly expensive to make. The cost to produce the penny has increased from 1.42 cents to 3.69 cents per penny, according to the United States Mint.
The chair of the Federal Reserve oversees the U.S. banking system and helps steer monetary policy. The chair's salary is set by the U.S. Congress.
The Congressional Budget Office has released new economic projections, expecting the Federal Reserve to cut short-term rates in 2026