From the Philly Fed: The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for February 2015. In the past month, the indexes increased in 46 states, decreased in one, and remained stable in three, for a one-month diffusion index of 90. Show More Summary
The Federal Reserve released new details about the committee at the center of its bank supervision policy, giving the public its first look at what has become known as the “Triangle Document.”
The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning:According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2% (2.6% annualized rate) in March. The 16% trimmed-mean Consumer Price Index also rose 0.2% (2.2% annualized rate) during the month. Show More Summary
America’s former Federal Reserve boss has become a senior adviser for Citadel Investment. ||| London - Ben Bernanke, the former president of America's central bank, is to become a senior adviser to one of the world's largest hedge funds, raising fresh concerns about the “revolving door” between Washington and Wall Street. Show More Summary
(Reuters) - The U.S. Federal Reserve may allow big banks to use some municipal bonds to meet new liquidity rules that ensure they have enough cash during a credit crunch, the Wall Street Journal reported, citing people familiar with the matter. Show More Summary
A top Federal Reserve official said the dollar's strength is crimping growth in the U.S. and may require the central bank to delay raising interest rates.
Federal Reserve Bank of Atlanta President Dennis Lockhart said Thursday that unexpected economic weakness over the start of the year means it will likely take longer to gain enough confidence in the outlook to raise short-term interest rates.
Categories: Analysis, Guest Post Tags: General News, Guest Posts, IHS Spend Matters welcomes this guest article from IHS. All eyes are on the Federal Reserve Bank (FED) for a possible interest rate hike in July or September. As a result,...Show More Summary
GENERAL ELECTRIC'S mega-announcement that it is getting rid of most of its finance businesses is a damning indictment of both the Federal Reserve and bank regulators. Together, they have damaged the functioning of credit markets and almost paralyzed bank lending, thereby severely hampering recovery from the economic crisis of 2008–09. They [...]
Federal Reserve Bank of Boston President Eric Rosengren said Thursday the economy is not yet ready for higher short-term rates.
The Federal Reserve Bank of Philadelphia said that manufacturing activity picked up a bit in April after softening over theRead the Rest...
(Reuters) - Ben Bernanke, former chairman of the U.S. Federal Reserve, will become a senior adviser to hedge fund Citadel Investment Group, the New York Times reported. Bernanke, who handed the reins of the U.S. central bank to Janet...Show More Summary
Federal Reserve Bank of Richmond President Jeffrey Lacker said Wednesday a good argument can still be made to raise rates at the U.S. central bank's mid-June policy meeting.
The man responsible for implementing Federal Reserve monetary policy said Wednesday ongoing uncertainties about how markets will react to rate increases means the central bank will have to be nimble with its interest-rate control programs.
Looking to Master Your Money? Great news; Money Smart Week is coming up quick and with it a ton of great events and resources to help you! Created by the Federal Reserve Bank of Chicago in 2002, Money Smart Week® is a public awareness campaign designed to help consumers better manage their personal finances. This […]
Wall Street’s banks are telling clients that the Federal Reserve is unlikely to raise rates when its board meets in June. We've spoken to a half dozen industry sources and all said they don't believe the Fed will raise rates until September...Show More Summary
Fed's Beige Book "Prepared at the Federal Reserve Bank of Cleveland based on information collected on or before April 3, 2015."Reports from the twelve Federal Reserve Districts indicate that the economy continued to expand across most regions from mid-February through the end of March. Show More Summary
Federal Reserve Bank of St. Louis President James Bullard said Wednesday "now" may be the appropriate time to begin raising short-term interest rates from near zero.
We have known for quite some time now that the NY Fed's market group, aka the Plunge Protection Team, is opening a second office in the HFT-capital, Chicago. Recall from September: The Markets Group at the Federal Reserve Bank of New...Show More Summary
Federal Reserve Bank of St. Louis President James Bullard said Wednesday he’s pretty sure economic weakness over the start of the year will prove short-lived, in remarks that again advocated for an increase in short-term interest ra...