Federal Reserve

Finance & Economics

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.

News

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.

Finance & Economics

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.

Finance & Economics

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.

News

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.

Articles

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.

Finance & Economics

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 […]

News

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.

Finance & Economics

Fed Fines Chinese Bank ICBC

United States regulators have reported fines of about $32.4 million against the Industrial and Commercial Bank of China.

Finance & Economics

Fed Signals Possibility of Rate Cuts

The Federal Reserve has said that the current cycle of interest rate hikes may be completed soon.

News

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.

News

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.

News

Fed Raises Interest Rates

The US central bank has decided to raise interest rates to the highest level in the last 22 years.

Finance & Economics

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.

Finance & Economics

Fed Fines Deutsche Bank

The Federal Reserve System fined Deutsche Bank $186 million.

News

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