By Davide Barbuscia NEW YORK – The Federal Reserve of New York will publish monthly updates on the U.S. corporate bond market to help identify signs of market distress similar …
Fed
-
-
Featured NewsTop HeadlinesUS and World News
‘Hell Of A Mess Here’: Sen. John Kennedy Tears Into Fed Chair Over The State Of The Economy
‘Hell Of A Mess Here’: Sen. John Kennedy Tears Into Fed Chair Over The State Of The Economy Harold Hutchison on June 22, 2022 Republican Sen. John Kennedy of Louisiana …
-
Financial News
Fed to lift rates by 75 basis points in July, 50 bps in September – Reuters poll
by Reutersby ReutersBy Prerana Bhat and Indradip Ghosh BENGALURU – The Federal Reserve will deliver another 75-basis-point interest rate hike in July, followed by a half-percentage-point rise in September, and won’t scale …
-
Financial News
Demand issues account for one-third of U.S. inflation spike – SF Fed
by Reutersby ReutersBy Lindsay Dunsmuir (Reuters) – Only about one third of the current bout of high inflation in the United States is demand driven, according to research published by the San …
-
Financial News
Fed policy needs to be more ‘muscular’ to battle high inflation -Bostic
by Reutersby Reuters(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Friday said he supported the U.S. central bank’s 0.75 percentage point interest-rate hike this week, adding that supply chain fixes …
-
(Reuters) – The Federal Reserve, which earlier this week unveiled its biggest interest rate hike in more than a quarter of a century, on Friday signaled it will not let …
-
Financial News
Philadelphia Fed manufacturing index goes negative for first time in 2 years
by Reutersby Reuters(Reuters) – Manufacturing activity in the U.S. mid-Atlantic region weakened unexpectedly in June as new orders dropped to a two-year low and goods producers’ near-term outlook sank to the lowest …
-
Financial News
Analysis-Investors say Asia a safe place as Fed hikes but premature to jump in
by Reutersby ReutersBy Rae Wee and Alun John SINGAPORE/HONG KONG – Asia’s emerging economies are better placed than most other regions to weather a bout of turbo-charged U.S. policy tightening, analysts say, …
-
Financial News
Asia FX bears hit record high on hawkish Fed, China growth worries: Reuters poll
by Reutersby ReutersBy Shashwat Awasthi and Savyata Mishra (Reuters) – Bearish bets on several Asian currencies hit a record high in the face of rising U.S. interest rates that supported the dollar, …
-
By Yousef Saba DUBAI – Most Gulf central banks followed the U.S. Federal Reserve on Wednesday, lifting their key interest rates by three-quarters of a percentage point, while Saudi Arabia …
-
NEW YORK – The U.S. dollar extended its gains on Wednesday, after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive …
-
(Reuters) – Federal Reserve officials on Wednesday ratcheted up their forecasts for where their target interest rate will be at the end of this year and next, and signaled they …
-
By Mike Dolan LONDON – If the U.S. Federal Reserve’s plans are changing week to week, then the concept of “forward guidance” as a policy tool has been well and …
-
By Howard Schneider WASHINGTON – Eroding inflation data and fast-changing views in financial markets on Monday have opened the door to a larger-than-expected three-quarter-percentage point interest rate increase when Federal …
-
Financial News
Philippines’ central bank policy not tied to Fed decisions, says governor
by Reutersby ReutersMANILA – The Philippine central bank’s monetary policy actions are not tied to the decisions of the United States’ Federal Reserve, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said on …
-
Financial News
Republican senator says Fed has revoked master account for controversial fintech
by Reutersby ReutersBy Pete Schroeder WASHINGTON – A Republican senator is demanding answers from the Federal Reserve Bank of Kansas City after he says it revoked a sought-after master account that had …
-
Financial News
Fed hikes won’t sway dollar unless pace much faster than forecast-BOJ’s Kuroda
by Reutersby ReutersTOKYO – Bank of Japan Governor Haruhiko Kuroda said dollar moves may not be affected much by U.S. interest rate hikes unless the pace is much faster than expected, according …
-
Financial News
Fed Chair Powell to testify at Senate June 22, Barr vote set for June 8
by Reutersby Reuters(Reuters) – Federal Reserve Chair Jerome Powell will give his twice-yearly report on monetary policy to the U.S. Senate on June 22, just a week after the central bank is …
-
Financial News
Fed policymakers: September rate hike a question of how big, not if
by Reutersby Reuters(Reuters) – The Federal Reserve is likely to continue tightening monetary policy beyond the half percentage point interest rate hikes expected at each of its next two meetings, two policymakers …
-
Financial News
Biden emphasized Fed independence in meeting with Powell – aide
by Reutersby ReutersWASHINGTON – U.S. President Joe Biden told Federal Reserve Chair Jerome Powell on Tuesday that he will give the central bank the space and independence to address inflation as it …
-
Financial News
Biden congratulates Powell, promises Fed ‘laser focus’ on inflation
by Reutersby ReutersWASHINGTON – U.S. President Joe Biden said he and Jerome Powell will discuss inflation in a White House meeting Tuesday, and pledged to give the Federal Reserve chair space to …
-
NEW YORK – The Federal Reserve could pause its monetary policy tightening in September if there is an economic deterioration and inflation subsides, BofA strategists said on Thursday, a day …
-
Financial News
Fed funds rate above 1.75% ‘too restrictive’ as financial conditions deteriorate – Guggenheim’s Minerd
by Reutersby ReutersBy Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland – The U.S. Federal Reserve may be forced to rethink its hawkish stance as it hikes interest rates in the face …
-
Financial News
Exclusive – U.S. Republican Senator Toomey expects Barr to be confirmed to Fed
by Reutersby ReutersBy Dan Burns DAVOS, Switzerland – Republican U.S. Senator Pat Toomey said Monday it is likely Michael Barr will be confirmed as the Federal Reserve’s Wall Street cop, although he …
-
ATLANTA, Ga – The quick response in financial markets to tighter monetary policy offers hope that other parts of the economy may adjust more quickly as well, Atlanta Federal Reserve …