![Fed's Powell says balance sheet rundown will proceed without change for now](/i/c/1b7a0dab-ef02-0b89-bb5a-0be5f5696d01.webp)
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](/i/c/c135e8ff-e65d-ac59-4f7b-b5b5cbd83a18.webp)
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 23:56
![Why Fed officials aren't addressing the Israel-Hamas war the way they did with Ukraine](/i/c/6a9652df-0d9d-d201-172d-ec493fc59404.webp)
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 03:16
![US dollar share of global FX reserves stays flat in Q2 -IMF](/i/c/2f6bfd5c-920c-26cc-e591-8d6ac97a98a3.webp)
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 23:50
![Goldman Sachs pushes its forecast for Fed rate cut to Q4 2024](/i/c/328b06ec-56a4-315a-97c0-106052213eef.webp)
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 14:45
![Fed holds interest rates steady - for now](/i/c/a5f1de57-af26-7d4e-2dc8-e4ed9d50478b.webp)
Fed holds interest rates steady - for now
The US central bank is debating whether it has done enough to stabilise prices.
2023-09-21 02:23
![Column-China, Japan share of U.S. bond market shrinks to record low: McGeever](/i/c/15fec073-e3f2-ed4f-b2b3-44608f26ec16.webp)
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](/i/c/078d780f-943b-decf-94ca-1d231d64c1f7.webp)
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 02:20
![Exclusive: Energy Secretary vows to 100% refill emergency oil stockpile — but warns that won't happen before a second Biden term](/i/c/5a483614-fd34-8351-feba-6a779819488f.webp)
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 23:57
![Bank of America CEO: Inflation could hit Fed's 2% target by 2025](/i/c/35c23e95-81fe-975c-2f2c-886828e1efda.webp)
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 23:53
![Global central banks post losses on reserves in 2022; no quick recovery seen -survey](/i/c/926ace63-0c92-d2c1-6ff1-2afb02f7c3e5.webp)
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 19:53
![Fed, ECB may slash bank reserves by 90% in new era of high rates - paper](/i/c/2f31118e-d6cb-2e5c-161a-47e9dfb5b11b.webp)
Fed, ECB may slash bank reserves by 90% in new era of high rates - paper
FRANKFURT The Federal Reserve and the European Central Bank may mop up as much as 90% of the
2023-06-22 17:15