Today: September 21, 2024
Today: September 21, 2024

Federal Reserve

Economy

"Encouraged" by recent data, Fed's Kugler eyes rate cut later this year

Inflation is exhibiting encouraging signs of cooling, U.S.

"Encouraged" by recent data, Fed's Kugler eyes rate cut later this year
Business|Economy

US regulators at odds over whether to issue new draft of bank capital hikes

U.S. bank regulators are arguing over the path forward for rules easing bank capital hikes, with some wanting to allow additional feedback from Wall Street

US regulators at odds over whether to issue new draft of bank capital hikes
Economy|News

US labor market, housing data point to slowing economy

First-time applications for U.S. unemployment benefits fell moderately last week, while new housing construction dropped to the lowest

US labor market, housing data point to slowing economy
Business|Economy

Average long-term US mortgage rate falls again, easing to lowest level since early April

Home loan borrowing costs eased again this week as the average rate on a 30-year mortgage declined to its lowest level since early April

Average long-term US mortgage rate falls again, easing to lowest level since early April
News|Political

Apollo Global chief economist expects no Fed cuts this year

The U.S.

Apollo Global chief economist expects no Fed cuts this year
Business|Economy

US regulators reject Citi's 'living will' resolution plan, FT reports

U.S. banking regulators rejected Citigroup's so-called "living will", which is a detailed plan to wind itself down in the event of catastrophic failure, The Financial Times reported on

US regulators reject Citi's 'living will' resolution plan, FT reports
Business|Economy

Stock market today: Wall Street coasts to the close of another winning week as Nvidia cools again

U.S. stocks coasted to the close of their latest winning week, as Nvidia’s stock continued to cool from its startling, supernova run

Stock market today: Wall Street coasts to the close of another winning week as Nvidia cools again
Economy|Political

US equity funds witness outflows for second successive week

U.S. investors shed equity funds for a second successive week in the seven days to June 19, exercising caution as they evaluated the Federal Reserve's hawkish signals and ongoing political

US equity funds witness outflows for second successive week
Business|Economy

Global equity funds see outflows for second week in a row

Global equity funds faced outflows for the second straight week in the week ending June 19, with investors cashing in on a share rally amid concerns that the Fed might cut rates only once

Global equity funds see outflows for second week in a row
Economy|News|Opinion|Political

Yellen announces efforts to boost the housing supply as high prices create a crunch

The Biden administration announced new steps to increase access to affordable housing

Yellen announces efforts to boost the housing supply as high prices create a crunch
Business|Economy

Big US banks expected to be cautious on shareholder payouts after stress tests

Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week's Federal Reserve health checks,

Big US banks expected to be cautious on shareholder payouts after stress tests
Uncategorized

Fed's Goolsbee still looking for data inflation is cooling - CNBC

By Michael S.

Fed's Goolsbee still looking for data inflation is cooling - CNBC
Business|Economy

What are the Fed's bank 'stress tests' and what's new this year?

The U.S. Federal Reserve is due to release the results of its annual bank health checks on Wednesday at 4:30 p.m. ET (2030 GMT).

What are the Fed's bank 'stress tests' and what's new this year?
Uncategorized

Fed's Mester: Mortgage bond sales should remain option for Fed

By Michael S.

Fed's Mester: Mortgage bond sales should remain option for Fed
Economy

US dollar advances after hawkish Fed comment, economic data

The U.S. dollar rose on Tuesday, bolstered by hawkish comments from Federal Reserve officials as well as data showing a stable housing market in the

US dollar advances after hawkish Fed comment, economic data
Economy|News

Oil prices dip as investors fret over demand outlook

Crude oil prices fell 1% on Tuesday as weak U.S. consumer confidence data fed worries about the economic outlook and fuel demand after a slow start to the U.S.

Oil prices dip as investors fret over demand outlook
Economy

Fed's Daly: inflation not the only risk, policy must 'exhibit care'

The Federal Reserve must "exhibit care" as it aims to finish the job of bringing inflation under control, San Francisco Fed President Mary Daly said on Monday, noting that

Fed's Daly: inflation not the only risk, policy must 'exhibit care'
News|Political

Fed's Bowman: need steady policy rate 'for some time' to beat inflation

U.S.

Fed's Bowman: need steady policy rate 'for some time' to beat inflation
Uncategorized

Fed's Cook: 'At some point' it will be time to cut interest rates

By Michael S.

Fed's Cook: 'At some point' it will be time to cut interest rates
Economy

Stock market today: Asian shares are mostly lower ahead of key US inflation report

Shares have fallen in most Asian markets ahead of a key U.S. inflation report due Friday

Stock market today: Asian shares are mostly lower ahead of key US inflation report
News|Political

Fed's Bowman: inflation will decline with policy rate held steady

U.S.

Fed's Bowman: inflation will decline with policy rate held steady
Business|Economy

Big US banks withstand Fed's commercial real estate shock scenario

Big U.S. banks survived a hypothetical 40% drop in commercial real estate values as a part of the U.S.

Big US banks withstand Fed's commercial real estate shock scenario
Economy|News

Stock market today: Asian shares mostly rise ahead of U.S. inflation report

Asian shares are rising as traders looked ahead to a key report on inflation that could influence the Federal Reserve’s next move on interest rates

Stock market today: Asian shares mostly rise ahead of U.S. inflation report
Business|Economy

Wall Street closes subdued as investors sit, wait for inflation data

U.S. stocks ended Thursday around the unchanged mark as investors awaited fresh inflation data, with the Nasdaq able to eke out a

Wall Street closes subdued as investors sit, wait for inflation data
Economy|News

Fed's Bostic says inflation moving in 'right direction,' sees one Q4 rate cut

Inflation in the U.S. "appears to be narrowing" and that should allow the Federal Reserve to cut interest rates later this year, Atlanta Fed President

Fed's Bostic says inflation moving in 'right direction,' sees one Q4 rate cut

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