If approved by the United States Senate, Michigan State prof Lisa Cook would be the first Black woman to serve on the Federal Reserve Board of Governors
Clarida was scheduled to finish his term this month but will instead resign about two weeks early
The governor said the central bank can play a key role in fostering economic reconciliation
The country's central bank is stepping up a campaign to block use of unofficial digital money
CBDCs risk cutting banks out of their traditional middleman role
Chair Jerome Powell signalled the beginning of the end of the Fed's pandemic response in a Friday speech
Central bank crypto could disrupt traditional financial sector, Moody's says
An official cryptocurrency would put pressure on traditional bank funding and fees
Plan for a gradual increase in interest rates, chief economist says
Hub for central bank innovation expanding to four new locations