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The central bank’s proposed changes would reduce year-over-year fluctuations in capital requirements. The regulator also plans to announce further tweaks – around transparency – later this year.

It turns out taking a peek in your pantry can say a lot about you.

Surging US tariffs will weaken the global economy and push up inflation this year, according to the International Monetary Fund.View on euronews

Bitcoin’s price has been stable around $85,000 in recent days, showing minimal movement despite broader market uncertainty.

The Federal Reserve kicked off a sweeping effort to overhaul its annual stress tests of large banks on Thursday, proposing to average results over two years in setting capital requirements. The central bank also proposed giving banks three more months to adjust to the capital requirements set by the exam, as part of its overarching bid to make the process more transparent and less volatile. Under the proposal, banks receiving test results in June would have until January to adjust capital plans, as opposed to the current October deadline.

(Bloomberg) -- President Donald Trump said he could force out Federal Reserve Chair Jerome Powell, rebuking the notion that the US central bank is independent, and vented frustration that monetary policymakers had not recently cut interest rates.Most Read from BloombergTrump Signs Executive Orders on Federal Purchasing, Office SpaceDOGE Places Entire Staff of Federal Homelessness Agency on LeaveTrump Administration Takes Over New York Penn Station RevampHow Did This Suburb Figure Out Mass Transi

Warsh has advised against trying to fire Powell, arguing that Trump should let the Fed chair complete his term without interference, the Journal reported, citing unnamed people familiar with the matter. The report comes the same day that Trump has repeatedly lashed out at Powell, whose term as Fed chair expires in May 2026.