Fed's Beige Book "This report was prepared at the Federal Reserve Bank of San Francisco based on information collected on or before February 26, 2018. "Economic activity expanded at a modest to moderate pace across the 12 Federal Reserve Districts in January and February. Show More Summary
Economic activity expanded at a modest to moderate pace across the 12 Federal Reserve Districts in January and February. On balance, Districts reported modest growth in home sales and construction, with the latter constrained by shortages of labor and materials.READ MORE www.metrointel.com
The Federal Reserve is in the process of working with other regulatory agencies to make “material changes” to the rule.
Michael Batnick, research director at Ritholtz Wealth Management, sits down with Bloomberg’s Scarlet Fu, Eric Balchunas and Rachel Evans to discuss allocations during volatility, the Federal Reserve’s rate path and the buildup in smart-beta ETFs. Show More Summary
Federal Reserve officials, who were just revising up their forecasts for economic growth, are now faced with the prospect of an escalating trade war. Policymakers are taking a wait-and-see approach to assessing the economic effects of...Show More Summary
Jay Powell went to Capitol Hill today for his first congressional testimony as Fed Chair. In addition, he submitted the Federal Reserve's annual Monetary Policy Report to Congress. A lot of ground was covered in his testimony, follow-up questions, and in the report. Show More Summary
From the Richmond Fed: Fifth District Manufacturing Firms Reported Robust Growth in FebruaryFifth District manufacturing firms saw robust growth in February, according to the results from the latest survey by the Federal Reserve Bank of Richmond. Show More Summary
Farmers on reservations are caught between state and federal laws.
The law’s role in boosting wages was overblown. Its deficits are scaring investors. And fears that it might accelerate inflation could push the Federal Reserve to choke off growth.
The new chief of the Federal Reserve said Thursday that a cap it placed on the growth of Wells Fargo & Co. after widespread consumer abuses would not be easily lifted — but the bank would not have to fully implement reform plans before it was removed. Fed Chairman Jerome H. Powell sparred over...
By Daniel Amerman – The United States national debt is currently about $20 trillion, and the federal government is paying some of the lowest interest rates in history on that debt. The Federal Reserve has raised interest rates five times now...
Federal Reserve Chairman Jerome Powell told Congress this week he expects a strong labor market to finally boost US wages on a sustained basis. Low job quality and uncertain work arrangements are two reasons Powell's optimism could be...Show More Summary
Tim Duy: Fed Changing Its Tune: Yesterday I called attention to this line from Federal Reserve Chairman Powell’s testimony: In gauging the appropriate path for monetary policy over the next few years, the FOMC will continue to strike a balance...
Tim Duy: “Avoiding An Overheated Economy,” by Tim Duy: Federal Reserve Chairman Jerome Powell delivered the Fed’s Semiannual Monetary Policy Report Tuesday morning. Powell smoothly and confidently responded to – or deflected – questions as if he were already seasoned...
In 2015 the Federal Reserve Bank of New York reported there were 117,000 jobs at tech companies in New York City, and noted that inclusion of self-employed freelancers would make the number somewhat... To view the full story, click the title link.
New Federal Reserve Chairman Jerome H. Powell is expected to say Tuesday that the central bank will try to balance economic growth with the potential for “an overheated economy” now that “fiscal policy is becoming more stimulative” with tax cuts and increased federal spending. In his first extensive...
In his first testimony before Congress as chairman of the Federal Reserve, Jerome Powell will deliver his prepared remarks - which were released at 8:30 am ET - before spending a couple hours taking questions from members of the House...Show More Summary
Federal Reserve Chairman Jerome Powell testifies for the first time before Congress
Here is what you need to know. Jerome Powell testifies before Congress. Federal Reserve Chairman Jerome Powell kicks off his semiannual Humphrey-Hawkins hearing on Tuesday, appearing before the House Financial Services Committee. HeShow More Summary
Jerome Powell faces two days of congressional testimony this week, his first as Federal Reserve Chair. Uncertainty about Fed policy and the direction of its new leadership were factors in the global market selloff that has sharply boosted...Show More Summary