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Tag: Federal Reserve


Capital and Risk, Liquidity

Treasury yields rise as global stock markets rally

May 18, 2020

Via: Market Watch

U.S. Treasury yields rose Monday, following global equity markets higher, after Federal Reserve Chairman Jerome Powell said the central bank still had tools to fight the recession. Reports of early success from an experimental coronavirus vaccine also added to selling […]


Capital and Risk, Liquidity

Powell says the Federal Reserve is not considering negative interest rates

May 13, 2020

Via: CNBC

Even as it has pulled out all the policy stops during the coronavirus crisis, Federal Reserve Chairman Jerome Powell said one area it won’t be going is negative interest rates. “I know there are fans of the policy, but for […]


Capital and Risk, Liquidity

The Fed is starting its program to purchase corporate bond ETFs

May 12, 2020

Via: CNBC

The Federal Reserve will be starting its long-awaited corporate bond program Tuesday amid a boom in debt issuance. The central bank will kick off its Secondary Market Corporate Credit Facility, which is part of a history-making initiative in which it […]


Capital and Risk, Credit, Macroeconomic

US Federal Reserve pours $2.3 trillion into financing economy

April 9, 2020

Via: Banking Technology

“This funding will assist households and employers of all sizes and bolster the ability of state and local governments to deliver critical services during the coronavirus pandemic,” the Fed said in a statement. Through its ‘Main Street’ lending facility, the […]


Capital and Risk, Credit, Regulations

The Fed is lifting Wells Fargo’s asset cap so it can help lend to small business

April 8, 2020

Via: CNBC

The Federal Reserve is lifting the asset cap it has imposed on Wells Fargo so the bank can participate in the government’s business lending programs. In a move that was expected, the central bank said Wells will have to return […]


Capital and Risk, Macroeconomic

Fed’s Powell Says U.S. Must Get Virus Under Control Before Economy Restarts

March 26, 2020

Via: The New York Times

Jerome H. Powell, the Federal Reserve chair, said during a rare television interview on Thursday that the United States “may well” be in a recession already, but that it should get the coronavirus under control before getting back to work. […]


Activity, Trading

Stock markets decline as coronavirus crisis worsens

March 24, 2020

Via: Banking Technology

The US S&P 500 fell more than 3% in late-morning trading, alongside a similar decline in the Dow Jones Industrial Average. US Treasuries whipped around but by late morning the Fed’s promised buying spree appeared to be having an effect […]


Capital and Risk, Macroeconomic

Fed is now effectively the ‘lender of last resort’ to Main Street not just Wall Street

March 23, 2020

Via: Market Watch

During the 2008 financial crisis, the Federal Reserve was stung by criticism that its lending programs to get credit flowing in the economy benefitted Wall Street not Main Street. Former Fed Chairman Ben Bernanke, in an unprecedented effort to counter […]


Capital and Risk, Credit

Fed Unveils Emergency Lending Program to Shore Up Credit Markets

March 17, 2020

Via: The New York Times

The Federal Reserve on Tuesday took another step to try and prop up the American economy, saying it would begin buying up a type of short-term debt companies use for funding, known as commercial paper, to help keep credit flowing […]


Capital and Risk, Macroeconomic

This Is How the Coronavirus Will Destroy the Economy

March 16, 2020

Via: The New York Times

Though the Federal Reserve moved over the weekend to slash rates and buy treasuries, markets around the world fell on Monday anyway. The coronavirus threatens to set off financial contagion in a world economy with very different vulnerabilities than on […]