The Federal Reserve is poised to cut its key interest rate Wednesday, the first time since the onset of the Covid-19 pandemic that it has pushed it lower.

Russia’s Central Bank on Friday raised its key interest rate from 18% to 19%, a widely anticipated move as the country struggles to cool down inflation amid soaring military spending for the war in Ukraine.

During a campaign speech in New Hampshire, former President Donald Trump vowed to prevent the creation of a U.S. central bank digital currency (CBDC) if reelected, calling it a "dangerous threat to freedom." He warned that a CBDC would give the federal government "absolute control over your money" and the ability to seize funds without individuals' knowledge.

Money supply growth fell again in October, remaining deep in negative territory after turning negative in November 2022 for the first time in twenty-eight years. October's drop continues a steep downward trend from the unprecedented highs experienced during much of the past two years.

Could it be that symbols of monetary reform were embedded in the most beloved children's story of all time, The Wonderful Wizard of Oz? Could it be that these symbols point the way out of our economic troubles today?

NAPLES, Fla.—Judy Schroeder was living a stable retirement in this affluent Florida enclave. Then her apartment building was sold to a new owner during the pandemic and she lost her part-time job working at a family-owned liquor store.

Argentina’s economy is spiraling further into chaos after the shock presidential primary win of Javier Milei, a radical far-right politician. Milei has promised to dismantle the country’s central bank among a raft of unorthodox economic policies, and his win has been described as a “political earthquake.”

Central bankers’ mounting concern that inflation remains undefeated is locking them into a new phase of monetary constriction on economies already jolted by a year or more of interest-rate hikes.

In the last decade, 37 traders and brokers have been prosecuted by the US Department of Justice and the UK's Serious Fraud Office for their roles in 'rigging' interest-rates during the Great Financial Crisis (GFC).

Gov. Ron DeSantis announced he wants lawmakers to pass legislation banning the use of central bank digital currency, or CBDC, in an effort to safeguard Floridians’ finances.

The Federal Reserve and five other central banks announced coordinated action Sunday to boost liquidity in US dollar swap arrangements, the latest effort by policymakers to ease growing strains in the global financial system.

President Joe Biden and his administration are attempting to develop an “authoritarian-style” and “surveillance-style” digital U.S. dollar through executive orders, warned House Majority Whip Tom Emmer (R-Minn.) on Feb. 28.

There are surely other worlds than this—other thoughts than the thoughts of the multitude—other speculations than the speculations of the sophist.

The heart of economic growth is an expanding subsistence fund, or the pool of real savings. This pool, which is composed of final consumer goods, sustains individuals in the various stages of the production process. The increase in the pool of real savings permits the expansion and the enhancement of the infrastructure, and this strengthens economic growth. An increase in economic growth for a given stock of money implies more goods per unit of money. This means that economic growth, all other things being equal increases the purchasing power of money.

British banker Sir Evelyn de Rothschild, who expanded the family bank and advised the late Queen Elizabeth II on financial matters, has died aged 91. “Sir Evelyn died peacefully [on Monday] at his home in London after a short illness,” the family said on Tuesday. The businessman, who trained race horses, dedicated 42 years of his career to his family’s bank.

The Bank of England has warned the UK is facing its longest recession since records began, as it raised interest rates by the most in 33 years.

In a ‘History of Central Banking and the Enslavement of Mankind’ ex-South African banker, the late Stephen Goodson explains how the Central Banking “scam” originated, and how those who run it have throughout history used their power to subvert governments, and manufacture wars that not only produced vast profits, but frequently to topple ‘regimes’ whose banking system was not under their control.

Profits and losses aren’t usually thought of as a consideration for central banks, but rapidly mounting red ink at the Federal Reserve and many peers risks becoming more than just an accounting oddity.

The International Monetary Fund (IMF) has said that central bank digital currencies (CBDCs) could potentially allow a government to control what people spend their hard-earned cash on.

WASHINGTON — America’s gross national debt exceeded $31 trillion for the first time on Tuesday, a grim financial milestone that arrived just as the nation’s long-term fiscal picture has darkened amid rising interest rates.