Federal Reserve

News

Fed Raises Interests Rates for First Time in 10 Years

Move is a boon for the US banking sector Federal Reserve Hikes Interest Rates By A Quarter Point | MSNBC Move will be a profit windfall for the US banking sector which has not seen an interest raise in ten years. [Tweet “#Federal Hikes Interest Rates By A Quarter Point #banking #finance”] For more of […]

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News

Germany Wants Its Gold Returned

Germany wants gold that it stores in France and the United States returned to it, according to reports. The Bundesbank’s total gold holdings top $200 billion in value, representing 3400 tons of gold. 1,500 tons of gold are stored in the vaults of the Federal Reserve Bank in New York City, and 450 tons with the Bank […]

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