reserve – Connect FM | Local News Radio

Reserve judge to handle cases of Milwaukee judge arrested by FBI, court says

Monday, April 28 by ABC News

(MILWAUKEE, WI) -- A reserve judge will be appointed to take over the cases of Judge Hannah Dugan, who was arrested by the FBI over allegedly helping an undocumented immigrant, according to a Milwaukee County official.The county's chief judge, Carl Ashley, said late Sunday... Read More.

Trump criticizes Federal Reserve, calls for lower interest rates

Thursday, March 20 by ABC News

(WASHINGTON) -- President Donald Trump late Wednesday criticized the Federal Reserve, urging the central bank to reduce interest rates, hours after it chose to leave borrowing rates unchanged.The move marked the latest example of Trump exerting pressure on the Federal Reserve, despite a longstanding... Read More.

Americans credit card debt reaches new record high: New York Federal Reserve

Thursday, February 13 by ABC News

(NEW YORK) -- Americans' household debt -- including credit cards, mortgages, auto loans and student loans -- is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York.Overall debt grew by $93 billion... Read More.

Bitcoin soars on hopes of bitcoin strategic reserve. Heres how it would work.

Wednesday, December 18 by ABC News

(NEW YORK) -- The price of bitcoin topped $107,000 for the first time this week, climbing to a fresh high days after President-elect Donald Trump reaffirmed support for a U.S. bitcoin strategic reserve akin to its strategic oil reserve.The world’s largest cryptocurrency has seen... Read More.

Federal Reserve set to make interest rate decision days after election of Trump

Thursday, November 7 by ABC News

(WASHINGTON) -- The Federal Reserve on Thursday will announce its latest decision on the direction of interest rates, setting the path for borrowing costs just two days after the victory of President-Elect Donald Trump.The Fed cut its benchmark interest rate a half of a... Read More.

Will the Federal Reserve cut interest rates again this year?

Friday, September 20 by ABC News

(NEW YORK) -- The Federal Reserve handed down a large interest rate cut this week, dialing back the central bank's fight against inflation and signaling welcome relief for borrowers.It remains to be seen, however, whether the Fed will continue to lower rates and further... Read More.

Federal Reserve cuts interest rates for 1st time since 2020

Wednesday, September 18 by ABC News

(NEW YORK) -- The Federal Reserve cut its benchmark interest rate a half of a percentage point on Wednesday in a landmark decision that dials back its years-long fight against inflation and could deliver relief for borrowers saddled with high costs.The central bank’s first... Read More.

Federal Reserve expected to cut interest rates for first time since 2020

Wednesday, September 18 by ABC News

(NEW YORK) -- The Federal Reserve is set to make a pivotal decision about its benchmark interest rate on Wednesday that could dial back its years-long fight against inflation.Investors widely expect the Fed to cut interest rates for the first time since 2020, delivering... Read More.

Federal Reserve expects to cut interest rates next year, Fed Chair Jerome Powell says

Wednesday, December 13 by ABC News

(WASHINGTON) -- The Federal Reserve expects to begin cutting interest rates next year, Fed Chair Jerome Powell said at a press conference in Washington D.C. on Wednesday.Policymakers at the central bank believe interest rates likely stand at or near their peak, Powell added, voicing cautious... Read More.

Federal Reserve set to make interest rate decision amid cooling inflation

Wednesday, December 13 by ABC News

(WASHINGTON) -- The Federal Reserve will announce an interest rate decision on Wednesday, unveiling its latest policy move amid a near-historic series of rate hikes deployed to fight inflation.That string of rate increases has coincided with a cooldown of inflation but also has elevated... Read More.