News

The New York Sun8d
No Easy Exit Emerges for the Federal Reserve as It Runs Up Mind-Boggling Losses
Mr. Pollock is a Senior Fellow at the Mises Institute, the author of 'Finance and Philosophy--Why We’re Always Surprised' and ...
American Banker9d
Waller says QE to blame for Fed losses on reserve interest
Federal Reserve Gov. Christopher Waller said that criticisms of the Fed's balance sheet and calls to return to a scarce ...
Federal Reserve’s Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...
Markets could freak out if Trump tries to fire Powell
There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair ...
Banking Dive12d
Warren slams Fed’s proposed tweaks to stress capital buffer
In a public comment, the senator urged the central bank to withdraw a proposal to allow banks to use an average of the past ...
Inflation Crushes Hopes That Federal Reserve Will Cut Interest Rates in July
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
Asia FX set for weekly losses amid strong dollar, Fed concerns
The US Dollar Index, which measures the greenback against a basket of major currencies, fell 0.2% in Asia hours, but headed ...
Wall Street is rattled as Trump says he discussed firing Powell but is 'unlikely' to do it
U.S. stock indexes are ticking higher on Wednesday following a better-than-expected update on inflation across the country.
WFMZ-TV23d
Big banks all pass the Federal Reserve's stress tests, but the tests ...
NEW YORK (AP) — All the major banks passed the Federal Reserve's annual “stress tests" of the financial system, the central bank said Friday, but the test conducted by the ...