Today: September 20, 2024
Today: September 20, 2024

Federal Reserve

Business|News

Federal Reserve's Powell: Regulatory proposal criticized by banks will be revised by end of year

A sweeping bank regulatory proposal will be significantly revised by year’s end, Federal Reserve Chair Jerome Powell said Thursday, a potential victory for the large banks that have aggressively opposed the likely changes

Federal Reserve's Powell: Regulatory proposal criticized by banks will be revised by end of year
Business

Fed report says small businesses faced financial, inflation challenges in 2023

By Michael S.

Fed report says small businesses faced financial, inflation challenges in 2023
Business

Vanguard considering more credit exposure hedges despite bullish outlook

Top U.S. asset manager Vanguard is bullish on the corporate bond market but has been hedging against a hard landing for the U.S.

Vanguard considering more credit exposure hedges despite bullish outlook
Business

Dollar droops ahead of payrolls

The dollar headed for its sharpest weekly drop of the year on Friday as Federal Reserve Chair Jerome Powell sounded more confident about cutting interest rates

Dollar droops ahead of payrolls
Business

Fed's Williams: Neutral rate is likely still low

By Michael S.

Fed's Williams: Neutral rate is likely still low
Business

Feb US payrolls show labor market healthy but not overly tight

U.S. job growth accelerated in February, but a rise in the unemployment rate and moderation in wage gains kept on the table an anticipated interest rate cut in June from the Federal

Feb US payrolls show labor market healthy but not overly tight
Economy

US bond funds attract biggest weekly inflow since mid-2021 on rate cut hopes

U.S. bond funds racked up large inflows in the seven days to March 6 as weaker manufacturing data and dovish comments from Federal Reserve officials raised expectations for interest rate

US bond funds attract biggest weekly inflow since mid-2021 on rate cut hopes
Business

Fed to start rate cuts in June; risk fewer delivered this year- Reuters poll

The U.S.

Fed to start rate cuts in June; risk fewer delivered this year- Reuters poll
Economy

Fed projections to show if rate cut outlook stays intact through strong data

No one expects the Federal Reserve to change interest rates at next week's policy meeting, but whether officials hold to their previous rate-cutting outlook

Fed projections to show if rate cut outlook stays intact through strong data
Business

Emergency Fed bank effort ends lending, as eyes turn to discount window

By Michael S.

Emergency Fed bank effort ends lending, as eyes turn to discount window
Economy

JPMorgan's Dimon urges US Fed to wait past June before cutting rates

JPMorgan Chase CEO Jamie Dimon on Tuesday urged the Federal Reserve to wait past June before cutting interest rates, arguing the central bank needs to shore up its inflation-

JPMorgan's Dimon urges US Fed to wait past June before cutting rates
Economy

Dollar on guard; BOJ speculation keeps yen supported

The dollar held broadly steady on Tuesday ahead of key U.S. inflation data due later in the day, while the yen firmed near a one-month high on mounting expectations

Dollar on guard; BOJ speculation keeps yen supported
Business

Asian stocks rise ahead of US CPI; yen perks up on BOJ chatter

Asian stocks nudged higher on Tuesday ahead of the influential U.S. inflation report, while Japanese shares fell and the yen firmed on rising expectations that

Asian stocks rise ahead of US CPI; yen perks up on BOJ chatter
Business

S&P 500, Nasdaq futures edge higher ahead of key inflation test

S&P 500 and Nasdaq futures inched up on Tuesday ahead of U.S. consumer prices data that could provide insight on whether inflation has eased enough for the Federal Reserve to lower

S&P 500, Nasdaq futures edge higher ahead of key inflation test
Business

US small business optimism falls to lowest in 9 months, NFIB says

U.S. small business sentiment fell in February to the lowest level since May due to continued concerns around inflation, according to a report published on Tuesday

US small business optimism falls to lowest in 9 months, NFIB says
Economy

Gasoline, shelter costs lift US consumer prices in February

U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting some stickiness in inflation that could delay an anticipated June

Gasoline, shelter costs lift US consumer prices in February
Business

Sticky Feb US CPI inflation raises questions about June Fed cut

U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting some stickiness in inflation that could delay an anticipated June

Sticky Feb US CPI inflation raises questions about June Fed cut
Business

Inverted yield curve no longer reliable recession flag, strategists say: Reuters poll

A key indicator of an oncoming recession implied by the U.S. bond market is no longer reliable, according to nearly two-thirds of strategists polled by Reuters

Inverted yield curve no longer reliable recession flag, strategists say: Reuters poll
Business

Oil prices up on strong US demand, Fed signals in focus

Oil prices rose on Wednesday on expectations of strong global demand, including in the world's top consumer the United States, and as even somewhat sticky U.S.

Oil prices up on strong US demand, Fed signals in focus
Business|News

US wholesale prices picked up in February in sign that US inflation pressures remain elevated

Wholesale prices in the United States picked up again in February, the latest sign that inflation pressures remain elevated and might not cool in the coming months as fast as the Federal Reserve or the Biden administration would like

US wholesale prices picked up in February in sign that US inflation pressures remain elevated
Business

JPMorgan to pay nearly $350 million in penalties for inadequate trade reporting

JPMorgan Chase & Co has been fined $348.2 million by a pair of U.S. bank regulators over its inadequate program to monitor firm and client trading activities for market

JPMorgan to pay nearly $350 million in penalties for inadequate trade reporting
Economy

Column-Fed's new neutral may be one FOMC takeaway: Mike Dolan

Next week's Federal Reserve meeting has lost the heat it once had as a likely moment for the central bank's first interest rate cut - but it could shine a big light on

Column-Fed's new neutral may be one FOMC takeaway: Mike Dolan
Business|Economy|News|World

Stock market today: Asian markets retreat after data dash hopes that a US rate cut is imminent

Asian markets have retreated after a mixed batch of data on the U.S. economy dashed hopes that easier interest rates are coming soon

Stock market today: Asian markets retreat after data dash hopes that a US rate cut is imminent
Business

Morning Bid: Treasuries torpedoed, Tesla tanked

A look at the day ahead in U.S. and global markets from Mike Dolan With next week's Federal Reserve meeting up close and personal - once a hot favourite date for a first rate cut - this is not the

Morning Bid: Treasuries torpedoed, Tesla tanked
Business

Global equity funds draw big inflows as investors eye central bank signals

Global equity funds saw notable inflows in the week to March 13 as investors focused on strong global stock performances, overlooking inflation concerns ahead of the Federal Reserve

Global equity funds draw big inflows as investors eye central bank signals

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