Fed Chair Signals Rate-Cut Delay
The Chairman of the Federal Reserve, Jerome Powell, signaled that policymakers will wait longer to cut interest rates longer than originally expected.
Federal Reserve
March Inflation Data to Prolong Expectations Fed Rate-Cut
On Wednesday, April 10, official data on consumer prices in the country in March will be released in the United States, which most likely will not become a source of a more unambiguous and reliable preliminary understanding of when the Federal Reserve System will begin implementing the policy of cutting interest rates.
Federal Reserve Bank of Atlanta President Expects One Rate Cut in 2024
The President of the Federal Reserve Bank of Atlanta, Raphael Bostic, said that it would probably be advisable for the United States financial regulator to lower interest rates in the fourth quarter of the current year.
Jerome Powell Says About Prospects of Cutting Interest Rates
Federal Reserve Chairman Jerome Powell on Friday, March 29, at an event in San Francisco, said that the central bank of the United States does not intend to make hasty decisions and act in an accelerated manner as part of an approach to a potential reduction in interest rates.
Federal Reserve Governor Lisa Cook Says About Importance of Cautious to Policy Easing
The governor of the Federal Reserve System, Lisa Cook, said that the central bank of the United States needs to take a cautious approach when deciding on monetary policy easing.
Inflation’s Tenacious Grip: Analyzing the Latest U.S. Economic Data
As the U.S. grapples with an enduring economic challenge, new data from the Bureau of Labor Statistics (BLS) released on Tuesday casts light on the persistent inflationary pressures facing the nation.
Jerome Powell Says Fed Needs More Confidence on Inflation to Cut Rates
Federal Reserve Chairman Jerome Powell, during a speech before the House of Representatives commission on Wednesday, March 6, said that the central bank of the United States is not yet ready to start making decisions on lowering interest rates, because, before appropriate measures, it is necessary to make sure that the final victory in the […]
Atlanta Fed Chief Says About Prospects of Rate Cuts
Atlanta Fed President Raphael Bostic described the most likely, in his opinion, trajectory of the inflationary process in the United States in the current year as slow and bumpy.
Fed Fines Chinese Bank ICBC
United States regulators have reported fines of about $32.4 million against the Industrial and Commercial Bank of China.
Fed Signals Possibility of Rate Cuts
The Federal Reserve has said that the current cycle of interest rate hikes may be completed soon.
Fed Bank Watchdog Supports New Capital Requirements
The Deputy chairman of the Federal Reserve for Supervision, Michael Barr, during a speech at the American Bankers Association (ABA) event on Monday, October 9, said that lenders should consider the new capital requirements as a help, not an obstacle.
Fed Warns Goldman Sachs Over FinTech Risk
The Federal Reserve issued a warning to Goldman Sachs about risk control and compliance with regulatory requirements in the unit of the investment bank specializing in financial technologies.
Fed Raises Interest Rates
The US central bank has decided to raise interest rates to the highest level in the last 22 years.
Federal Reserve Fines UBS
The Federal Reserve System last Monday, July 24, announced the application of sanctions in the form of fines against UBS due to the practice of committing misconduct by Credit Suisse in risk management of Archegos Capital Management, an investment fund that declared bankruptcy in 2021.
Finastra Completes FedNow Certification
Finastra has become one of the first vendors in the financial services industry to complete the process of testing and certification for the FedNow – Federal Reserve’s new instant payments service to launch this July
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