Traders bet slowing inflation will let Fed pause after July hike
Inflation is slowing fast enough to allow the Federal Reserve to stop tightening U.S. monetary policy after what
2023-07-12 20:53
Actors union agrees to 11th hour mediation effort, but strike still looms
The union representing 160,000 actors said on Tuesday it has agreed to a request from studios and streaming services to meet with federal mediators over contract negotiations but is still prepared to go on strike at 11:59 pm PDT on Wednesday unless a deal is reached.
2023-07-12 12:57
Why the Fed wants a good inflation report — but not a good jobs report
When it comes to the job market, the Federal Reserve seems to want the latest data to bear bad news for the average American. But with inflation, the Fed is rooting for good news.
2023-07-12 05:15
San Francisco Fed president: Silicon Valley Bank's failure wasn't our fault
Silicon Valley Bank failed because regulators were far too slow to take action, San Francisco Federal Reserve Bank President Mary Daly said Monday in her first extended remarks about the collapse.
2023-07-11 04:53
Fed is close to end of rate hiking cycle, central bank officials say
By Ann Saphir and Michael S. Derby The Federal Reserve will likely need to raise interest rates further
2023-07-11 01:55
Fed plans to boost US banks' reserve requirements; industry gripes
By Pete Schroeder WASHINGTON (Reuters) -The Federal Reserve's top regulatory official laid out a sweeping plan to increase capital requirements
2023-07-11 00:58
Fed's Daly: two more rate hikes likely needed this year
San Francisco Federal Reserve Bank President Mary Daly on Monday repeated that she believes two more rate hikes
2023-07-11 00:30
US House oversight panel asks Fed's Powell for SVB documents
The Republican-led U.S. House of Representatives Oversight Committee on Monday asked Federal Reserve Chair Jerome Powell to hand
2023-07-10 23:58
Top Fed official proposes higher capital limits for larger banks
Federal Reserve Vice Chair for Supervision Michael Barr said Monday he is proposing stricter bank capital requirements in light of three major US bank failures earlier this year.
2023-07-10 23:26
Fed's Mester: More hikes needed to bring inflation back down to target
By Michael S. Derby Federal Reserve Bank of Cleveland President Loretta Mester said on Monday that still-strong levels
2023-07-10 23:20
Could the June CPI report change the Fed's rate trajectory?
After the June jobs report showed a cooling but still-hot picture of the labor market, investors are looking to a key inflation report due Wednesday for more clues on the economy's health. But some investors say the results will likely do little to sway the Federal Reserve's interest rate trajectory.
2023-07-09 19:45
US bank credit rose last week, while commercial and industrial loans fell -Fed data
Bank credit for U.S. commercial banks expanded slightly in the last week of June, even as commercial and
2023-07-08 05:20