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Federal Reserve's Barr: Creating reserves has no cost to the Federal Reserve.
2026-05-15
Federal Reserve's Barr: Creating reserves has no cost to the Federal Reserve.
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2026-05-14
Federal Reserve's Schmid: Persistent inflation is the most pressing risk to the economy, and inflation levels are clearly still too high.
Federal Reserve's Schmid: Persistent inflation is the most pressing risk to the economy, and inflation levels are clearly still too high.
2026-05-15
US stocks advanced Thursday as renewed enthusiasm for AI shares and the Trump-Xi summit lifted markets. The Dow rose more than 450 points, or 0.9%, reclaiming 50,000 for the first time since February, while the S&P 500 gained 0.8% above 7,500 and the
US stocks advanced Thursday as renewed enthusiasm for AI shares and the Trump-Xi summit lifted markets. The Dow rose more than 450 points, or 0.9%, reclaiming 50,000 for the first time since February, while the S&P 500 gained 0.8% above 7,500 and the Nasdaq climbed 1%. Nvidia jumped more than 4% after reports the US approved H200 chip sales to Chinese firms. Cisco also gained following quarterly results and an AI restructuring plan.
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