Fed survey finds tepid growth as US economy battles pandemic

The Fed report made public Wednesday said that the pace of activity varied greatly among sectors of the U.S. economy. “Restaurants in many districts expressed concern tha...

A Fed official who could be Biden's Treasury secretary says Congress needs to pass stimulus to save the recovery

"Further targeted fiscal support will be needed alongside accommodative monetary policy to turn this K-shaped recovery into a broad-based and inclusive recovery," she add...

Europe's central bank moves toward introducing digital euro

The central bank issued a comprehensive report outlining the reasons why it might need to take the step. It said no decision has been made, and that any digital euro woul...