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Tag: Federal Reserve


Capital and Risk, Macroeconomic

Sen. Bernie Sanders: ‘Hard to Say’ Whether a Recession Is Coming

October 24, 2022

Via: CNSNews.com

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 […]


Activity, Capital and Risk, Investment Banking, Trading

Got $10,000? 3 Top Bank Stocks to Buy for the Long Term

August 28, 2022

Via: Yahoo

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 […]


Regulations

Fed puts onus on banks to check legality of crypto ventures

August 17, 2022

Via: Banking Dive

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 […]


Capital and Risk, Liquidity

US Dollar (DXY) Consolidates Ahead of the Latest US Jobs Report (NFP)

August 4, 2022

Via: DailyFX

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 […]


Capital and Risk, Credit

Student Loans Come Due

July 11, 2022

Via: Bank Director

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 […]


Capital and Risk, Trading

3 Buffett Stocks to Buy Amid High Inflation and Rising Interest Rates

May 13, 2022

Via: Yahoo

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 […]


Regulations

Senate confirms Jefferson to Fed board in 91-7 vote

May 12, 2022

Via: Banking Dive

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 […]


Regulations

Federal Reserve explores benefits and risks of potential US Central Bank Digital Currency while the Biden Administration issues Executive Order for US policy on digital assets

May 9, 2022

Via: JD Supra

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 […]


Regulations

Drama over Fed nominee Cook overshadows Brainard confirmation

April 27, 2022

Via: Banking Dive

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 […]


Regulations

Bank trade groups want more clarity on Fed master accounts

April 25, 2022

Via: Banking Dive

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. […]


Capital and Risk, Macroeconomic

‘Significant slowdown in economic growth’ looms, strategist says

April 8, 2022

Via: Yahoo

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 […]


Capital and Risk, Liquidity

US Dollar (DXY) Probes a Fresh Two-Year High, US 10-Year Yield Climbs

April 8, 2022

Via: DailyFX

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 […]


Regulations

The Fed can’t seem to get a step ahead

February 11, 2022

Via: Banking Dive

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 […]


Capital and Risk, Macroeconomic

Central Bank Watch: Fed Speeches, Interest Rate Expectations Update; January Fed Meeting Preview

January 25, 2022

Via: DailyFX

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 […]


Capital and Risk, Trading

Bank Stock Roundup: C, JPM, USB in Focus on Business Expansion Efforts

December 10, 2021

Via: Yahoo

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, […]


News

Fed’s Quarles to step down at year’s end

November 8, 2021

Via: Banking Dive

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 […]


Regulations

Senate bill would fine Fed officials for stock-trading breaches

October 27, 2021

Via: Banking Dive

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 […]


Capital and Risk, Channels, Credit

Retail groups urge credit swipe routing changes

October 19, 2021

Via: Payments Dive

Over 10 years after Congress brought competition to how in-store debit card transactions are processed, the Federal Reserve is finally seeking to clarify that the same rules apply to online debit transactions as well. The move has been strongly backed […]


Activity, Investment Banking

Bank Stock Roundup: Expansion Plans of RF, USB, BK & Dividend Hike of OZK in Focus

October 8, 2021

Via: Yahoo

Over the past five trading sessions, the performance of major bank stocks depicted an optimistic stance. The continued market optimism on the back of the Federal Reserve’s slightly hawkish stance on monetary policy is driving the bank stocks. Thus, yields […]


Capital and Risk, Liquidity

US Dollar Spikes on Stellar Retail Sales, Gold Breaks Down to Key Support

September 16, 2021

Via: DailyFX

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 […]