Tag: Fed

November 3, 2021

The US Dollar has made ground in a week full of central bank action. The RBA led the way yesterday, stepping back from yield curve control having already begun tapering their bond purchasing program. The Fed are up today, and […]

October 27, 2021

Fed rules issued last Thursday limit senior officials’ investments to “purchasing diversified investment vehicles, like mutual funds,” the central bank said. Tuesday’s bill would codify that into law. The bill would prevent the Fed’s board of governors, 12 regional presidents […]

September 29, 2021

After the market implosion in March 2020, the cost of credit briefly spiked across the financial universe as a reflection of the increased risk facing debt holders. However, aggressive Fed policy in the form of multi-trillion dollar bond purchases pressured […]

September 16, 2021

A stellar retail sales report takes the USD to fresh session highs and raises the probability of a more hawkish Fed at next week’s meeting. A beat across the board in the data where consensus had been looking for a […]

August 26, 2021

HINTING AT TAPERING A slew of hot labor market reports and inflation rate readings have set the stage for a more hawkish Federal Reserve in the coming months. FOMC policymakers seem to concur, insofar as the tone of commentary over […]

August 18, 2021

The FOMC minutes, released later in today’s session, have been seen of late as a potential turning point in US monetary policy with market’s hoping that they may provide some clarity on the central bank’s thinking about when they may […]

August 11, 2021

US Dollar bulls have clearly controlled the steering wheel over the last few days. The broader DXY Index is up more than 1% on the month largely thanks to US Dollar strength against key peers like the Euro and Yen. […]

July 8, 2021

In the days after a group of 13 junior analysts at Goldman Sachs presented to their managers a self-survey detailing “inhumane” 100-hour workweeks, deteriorating physical and mental health and a souring outlook for the future, CEO David Solomon sent a […]

April 29, 2021

Two retail associations sued the Federal Reserve Board of Governors today over what they claim is a failure by the federal agency to properly enforce a federal law that caps the fees that can be charged on debit transactions. The […]

March 25, 2021

Powerful fiscal help from Congress combined with accelerated vaccine distribution has allowed the U.S. economy to recover faster than expected, Federal Reserve Chairman Jerome Powell said Thursday. At some point, that will allow the central bank to dial back the […]

February 5, 2021

The Fed’s annual survey, canvassing 15,000 businesses, gives another perspective on the effectiveness of pandemic-prompted relief programs. About 91% of respondents applied for emergency funding during the pandemic, the survey found. For 82%, that was the Paycheck Protection Program (PPP). […]

January 11, 2021

Interest rates could rise sooner than forecast as the economy recovers more quickly than expected from the throes of the Covid-19 damage, Atlanta Federal Reserve President Raphael Bostic said Monday. While most of his colleagues don’t see a rate hike […]

December 21, 2020

None of the largest banks fell beneath their capital minimums under the Fed’s hypothetical stress scenarios, which assessed how banks are navigating the coronavirus pandemic, the central bank said. Due to the strong performance from banks in the second stress […]

December 16, 2020

The Federal Reserve dialed up its economic expectations slightly for the end of this year as well as for 2021, according to the central bank’s Summary of Economic Projections released on Wednesday. The central bank now expects real gross domestic […]

October 28, 2020

Federal Reserve officials have been pressing Congress to provide more fiscal help to the U.S. economy, and with good reason: The central bank is running out of ways it can help. Since the expiration of key provisions of the $2.2 […]

October 15, 2020

The ongoing uncertainty around the Covid-19 pandemic has prompted the US Federal Reserve Board to announce another round of bank stress tests to see how large banks stand up against two scenarios featuring severe recessions. “The Fed’s stress tests earlier […]

August 24, 2020

There’s a 1-in-4 chance the economy could fall into a double-dip recession, according to a majority of economists surveyed by the National Association for Business Economics. Two-thirds of NABE members say the economy has not yet come out of the […]

August 19, 2020

Gold prices fell on Wednesday as the U.S. dollar halted its skid and as commodity investors watch for minutes from the Federal Reserve’s July policy meeting, which could provide further insights on the central banker’s outlook for the U.S. and […]

August 19, 2020

Federal Open Market Committee members expressed concern at their latest meeting over the future of the economy, saying that the coronavirus likely would continue to stunt growth and potentially pose dangers to the financial system. At the July 28-29 session, […]

July 28, 2020

U.S. Treasury yields held steady on early Tuesday’s trade as traders waited for the Federal Reserve to begin its two-day meeting, where the central bank may offer clues on how monetary policy might evolve in the coming months. What are […]