Tag: Federal Reserve

March 22, 2023

Crude oil markets are trading cautiously like most others on Wednesday in Europe as investors await the United States Federal Reserve’s March monetary policy decision, due later in the global day. On a more market-specific note, a shock rise in […]

March 13, 2023

In a joint statement, Treasury secretary Janet Yellen, Federal Reserve board chair Jerome Powell, and Federal Deposit Insurance Corporation (FDIC) chair Martin Gruenberg outlined how they are taking “decisive action” to strengthen confidence in the banking system. As well as […]

January 5, 2023

The agencies say they have “significant safety and soundness concerns” with business models that are concentrated in crypto-asset-related activities or have exposure to the crypto-asset sector. As a result, in a year marked by “significant volatility” in the cryptosphere, the […]

December 29, 2022

Fears are simmering that inflation (and aggressive interest rate hikes to fight it) could push the economy into recession in 2023. Historically, the combination has indeed caused economic turbulence. The Federal Reserve this year lifted rates multiple times. Collectively, they […]

October 24, 2022

Sen. Bernie Sanders (I-Vt.) said Sunday that it’s “hard to say” whether there is a recession coming, and he doesn’t want to see the Federal Reserve raise interest rates, because that will lead to more unemployment and lower wages. When […]

August 28, 2022

This year has been challenging for investors, as persistent inflation has been the big story. With this uncertainty, the S&P 500 index got off to its worst start in 52 years. The Federal Reserve is on a mission to bring […]

August 17, 2022

Before engaging in crypto-related activity, banking organizations supervised by the Federal Reserve should notify their lead point of contact at the central bank to ensure the activity is legal, the Fed said in a statement Tuesday. The directive is similar […]

August 4, 2022

This week has seen a group of Federal Reserve members spreading the central bank’s message that US inflation is elevated and that interest rates will need to be ramped up further to try and dampen domestic price pressures. Various board […]

July 11, 2022

Just as the Federal Reserve raises rates and inflation hits a 40-year high, Americans with federal student loan debt will start making payments on the debt after a two-year pause. On Aug. 31, the Department of Education will require 41 […]

May 13, 2022

Stocks are off to a rough start in 2022. Investors are primarily concerned about inflationary pressures and how they might affect the economy. The most recent Consumer Price Index (CPI) for April put inflation at 8.3%. While this is below […]

May 12, 2022

With Wednesday’s confirmation, Jefferson begins a term at the central bank that runs until 2036 and becomes the fourth Black man to serve on the Fed board. “Dr. Jefferson is one of the country’s leading thinkers on the economics of […]

May 9, 2022

In January of this year, the Board of Governors of the Federal Reserve System issued a research and analysis paper titled Money and Payments: The US Dollar in the Age of Digital Transformation, in which the Fed explores potential benefits […]

April 27, 2022

The Senate on Tuesday confirmed Federal Reserve Gov. Lael Brainard, by a 52-43 vote, to serve as the central bank’s vice chair. Then the drama unfolded. Democrats had initially planned to push ahead with a vote on fellow Fed nominee […]

April 25, 2022

Republican senators raised the issue of transparency and ethics with regard to master account approval at the Fed during the nomination process for Sarah Bloom Raskin, a former candidate to serve as the central bank’s vice chair for supervision. Sen. […]

April 8, 2022

Indexes extended their losses on Thursday as markets digested the latest Fed minutes, where Federal Reserve officials “generally agreed” to cut up to $95 billion a month from the central bank’s balance sheet to combat surging prices. In light of […]

April 8, 2022

The US dollar continues to appreciate across the board with the greenback’s strength sending many US dollar pairs to near multi-month and multi-year highs. USD/JPY is within a point of levels last seen in August 2015, GBP/USD continues to test […]

February 11, 2022

New rules the Federal Reserve issued in October to clamp down on stock trading by board governors, regional presidents and senior staff seemed like a neat little bow to resolve a then-burgeoning scandal that, less than a month earlier, played […]

January 25, 2022

In this edition of Central Bank Watch, we’ll review comments and speeches made by various Federal Reserve policymakers in the week ahead the communications blackout window around the January Fed meeting ended. The blackout started on Saturday, January 15, leaving […]

December 10, 2021

In the past five trading days, major banks were in focus on the expectations of the Federal Reserve turning more hawkish. In company-specific developments, Citigroup C was in the limelight for pausing its share repurchases in the current quarter. Also, […]

November 8, 2021

Federal Reserve Gov. Randal Quarles resigned Monday in a move that allows President Joe Biden to give the central bank a Democratic majority. Quarles’ seat is the third Fed post Biden could fill in the coming months. One seat on […]