Fed's Powell says balance sheet rundown will proceed without change for now
By Michael S. Derby NEW YORK Federal Reserve Chair Jerome Powell said on Wednesday that he sees no
2023-11-02 05:18
Federal Reserve Board ends currency trading-tied enforcement action on Citigroup
(Reuters) -The Federal Reserve Board on Thursday ended the enforcement action on Citigroup from 20 15 that required the lender
2023-10-26 23:50
Why Fed officials aren't addressing the Israel-Hamas war the way they did with Ukraine
When war broke out in Ukraine last year, Federal Reserve officials were quick to speak about it.
2023-10-20 03:28
US dollar share of global FX reserves stays flat in Q2 -IMF
By Gertrude Chavez-Dreyfuss NEW YORK The U.S. dollar's share of global currency reserves reported to the International Monetary
2023-09-29 23:52
Goldman Sachs pushes its forecast for Fed rate cut to Q4 2024
Goldman Sachs economists said they now expect the U.S. Federal Reserve to begin its interest rate-cutting cycle in
2023-09-21 14:56
Fed holds interest rates steady - for now
The US central bank is debating whether it has done enough to stabilise prices.
2023-09-21 02:18
McDonald's is getting rid of self-serve soda machines
McDonald's is getting rid of one its biggest perks.
2023-09-12 19:55
Column-China, Japan share of U.S. bond market shrinks to record low: McGeever
By Jamie McGeever ORLANDO, Florida What if Japan or China intervened in the foreign exchange market to sell
2023-08-24 02:45
US banks' reserves steady, assuaging liquidity drainage fears
By Davide Barbuscia NEW YORK A feared liquidity drainage in the U.S. banking system as the Treasury refills
2023-07-22 02:24
Exclusive: Energy Secretary vows to 100% refill emergency oil stockpile — but warns that won't happen before a second Biden term
America's emergency oil stockpiles have plunged to 40-year lows under President Joe Biden as US officials have sought to cushion consumers from high gas prices.
2023-07-12 23:47
Bank of America CEO: Inflation could hit Fed's 2% target by 2025
US inflation could hit the Federal Reserve's 2% target in 2025, Bank of America CEO Brian Moynihan told CNN in an exclusive interview Tuesday.
2023-06-27 23:58
Global central banks post losses on reserves in 2022; no quick recovery seen -survey
By Gertrude Chavez-Dreyfuss NEW YORK Global central banks experienced losses managing their reserves last year amid bond-heavy allocations
2023-06-27 19:47