latest news in economy
Federal Reserve Backs Lighter Rules for Low-Risk Bank Artificial Intelligence
Washington, Tuesday, 7 July 2026.
Federal Reserve Governor Michelle Bowman advocated for a tiered global regulatory framework, arguing that low-risk artificial intelligence applications in banking deserve a lighter supervisory touch to encourage safe innovation.
Why the Federal Reserve Is Defending the Global Power of the US Dollar
Washington, D.C., Monday, 6 July 2026.
As central banks increasingly shift reserves to gold amid geopolitical tensions, the Federal Reserve is actively defending the dollar’s global dominance while exploring the impact of digital stablecoins.