regional bank of the U.S. Federal Reserve System
Fed officials expressed caution about lowering rates too quickly at last meeting, minutes show
cnbc.com/2024/02/21/fed-minutes-january-2024.html
Fed's Schmid: No need to 'preemptively' cut rates: Kansas City Federal Reserve Bank President Jeffrey Schmid on Monday used a debut speech on policy to signal ...
reuters.com/markets/us/feds-schmid-no-need-preemptively-cut-rates-2024-02-27/
Fed signals 'patience' on rate cuts as data disappoints: A week of disappointing U.S. economic data, including stronger-than-expected inflation and weakening ...
reuters.com/markets/rates-bonds/traders-see-rising-chance-fed-defers-first-rate-cut-beyond-june-2024-02-16/
COUNTING PENNIES: Americans are racking up more credit card debt as inflation and steep interest rates continue to take a toll on wallets. trib.al/eVexPCy
Quick Glance: Record Credit Card Debt and Rising Delinquencies
- Credit card debt reaches another new high.
- Americans now owe a total of $1.13 trillion on their credit cards.
- Average balance per consumer jumps 10% to $6,360.
- Delinquency rates for credit cards are increasing across the board.
The Federal Open Market Committee, for the fourth consecutive time, unanimously voted not to raise the fed funds rate.
The key rate is targeted in a range ... Show more cnb.cx/3SFI1Ax
Quick Glance: Labor Cost Data Signals Inflation Improvement
- Recent ECI data shows significant decline in labor cost growth, indicating easing inflation and a shift in the Fed's monetary policy.
- The Employment Cost Index (ECI), the Fed's preferred measure of labor costs, saw its smallest quarterly increase in over two years, signaling a positive change in the central bank's inflation fight.
- ECI data for the quarter suggests a cooling of inflationary pressures within the job market, crucial for the Fed's monetary policy decisions.
- The decline in labor cost growth supports the Fed's confidence that the current reduction in inflation is sustainable and signals a move toward more balanced labor market conditions.
Economists say the labor market is strong — but job seekers don't share that confidence. Here's why
cnbc.com/2024/02/02/why-it-feels-so-hard-to-get-a-job-right-now.html
Call money and fixed-term deposits: Invest money before interest rates go down again
faz.net/aktuell/finanzen/geld-anlegen-bevor-die-zinsen-wieder-fallen-19547007.html
Federal Reserve Bank of San Francisco President Mary Daly says the Fed should be patient on rates but prepared to move as the economy evolves ... Show more trib.al/q1GGd6h
Federal Reserve asks for patience before cutting US interest rates: US central bankers expecting to dial back restrictive policy this year, but are wary about ...
thenationalnews.com/business/economy/2024/02/08/federal-reserve-asks-for-patience-before-cutting-us-interest-rates/
Dallas Fed forecasts Texas employment growth slowing to 2% in 2024: Texas jobs are slated to grow by 2% in 2024, according to the Federal Reserve Bank of Dallas ...
dallasnews.com/business/2024/02/09/texas-employment-growth-slowing-to-2-in-2024-dallas-fed-forecasts/
Remote Work Doesn’t Seem to Affect Productivity, San Francisco Fed Study Finds: US industries that are more adaptable to remote work haven’t seen a bigger boost ...
bloomberg.com/news/articles/2024-01-16/remote-work-doesn-t-seem-to-affect-productivity-fed-study-finds
Fed’s Daly Says It’s Premature to Think Interest Rate Cuts Are Around the Corner: Federal Reserve Bank of San Francisco President Mary Daly said it’s “premature” ...
trib.al/aEerIpj
Fed's Mester says March "probably" too early for rate cut: The rocky path of getting inflation back to the U.S. Federal Reserve's 2% target rate reflected in the ...
reuters.com/markets/us/feds-mester-says-march-probably-too-early-rate-cut-2024-01-11/
Quick Glance: Inflation and Your Money: What You Need to Know
- Inflation continues to slow, straining US households since early 2021.
- Estimate: Annual inflation rate to rise from 3.1% to 3.2% in December.
- Consumer price index well above the Federal Reserve’s 2% goal.
- Income and purchasing power have kept pace with inflation, according to Mark Zandi, chief economist of Moody’s Analytics.
Dallas Fed President Says Rate Hikes Are Still On the Table: The president of the Federal Reserve Bank of Dallas, Lorie Logan, said Saturday that further ...
barrons.com/articles/dallas-fed-inflation-rate-hikes-4a468892
Paid articlePaid Watchdog report is critical of former Fed officials in stock trading controversy: A review into market trading from two former high-ranking officials criticizes ...
cnbc.com/2024/01/22/watchdog-report-is-critical-of-former-fed-officials-in-stock-trading-controversy.html
Fed officials in December saw rate cuts likely, but path highly uncertain, minutes show
cnbc.com/2024/01/03/fed-minutes-december-2023-.html
Quick Glance: Fed Officials Forecast Rate Cuts in 2024
- In December, Fed officials concluded that rate cuts are likely in 2024, but timing remains uncertain.
- The Federal Open Market Committee decided to maintain the benchmark rate in the range of 5.25% to 5.5%.
- Members anticipate three quarter-point rate cuts by the end of 2024.
- Expectations from members indicate cuts over the next three years to bring the overnight borrowing rate close to the long-term range of 2%.
Banks should increase use of 'discount window' to prevent crises -expert group
reuters.com/business/finance/banks-should-increase-use-discount-window-prevent-crises-expert-group-2024-01-09/
Fed's Logan: should not rule out another rate hike: Federal Reserve Bank of Dallas President Lorie Logan on Saturday warned that the U.S ...
reuters.com/markets/us/feds-logan-should-not-rule-out-another-rate-hike-2024-01-06/
Quick Glance: Steelers Beat Ravens, Keep Playoff Hopes Alive
- Mason Rudolph connects with Diontae Johnson for a 71-yard touchdown.
- Steelers beat Ravens 17-10, inching closer to playoffs.
- Rudolph completes 18 of 20 passes for 152 yards, Harris racks up 112 yards and a touchdown.
- T.J. Watt leaves game with knee injury after recording two sacks.
The Fed will cut rates fewer times and start them later than market hopes, according to CNBC Fed Survey
cnbc.com/2024/01/30/the-fed-will-cut-rates-fewer-times-and-start-them-later-than-market-hopes-according-to-cnbc-fed-survey.html
Fed’s Williams Says Talk of March Rate Cut Is ‘Premature’: Federal Reserve Bank of New York President John Williams said it’s too early for officials to begin ...
bloomberg.com/news/articles/2023-12-15/fed-s-williams-says-talk-of-march-rate-cut-is-premature
A gauge the Federal Reserve uses for inflation rose slightly in November and edged closer to the central bank’s goal.
Read the full story here: cnb.cx/41yUBnU
CNBC Daily Open: Fed minutes dampen market enthusiasm: Minutes of the Federal Reserve's December meeting caused stocks to shift gears, perhaps even temporarily ...
cnbc.com/2024/01/04/stock-markets-fed-minutes-dampen-market-enthusiasm.html
Fed should be a ‘little concerned’ about starting rate cuts too early, Nasdaq CEO says
cnbc.com/2024/01/16/fed-should-be-a-little-concerned-about-starting-cuts-too-early-nasdaq-ceo.html
Federal Reserve Bank of Philadelphia President Patrick Harker said it’s important that the central bank starts to move interest rates lower ... Show more
'Big Short' investor Steve Eisman worries 'everybody is coming into the year feeling too good,' sees room for disappointment
cnbc.com/2024/01/02/big-shorts-steve-eisman-worries-investors-are-too-bullish-in-2024.html
Stock Investors Unprepared for Shocks, Wells Fargo’s Chris Harvey Warns: The stock market is getting ahead of itself on bets the Federal Reserve’s fiscal ...
bloomberg.com/news/articles/2023-12-12/wells-fargo-s-harvey-warns-investors-unprepared-for-stock-shocks
Paid articlePaid WALLET WOES: Despite encouraging signs that inflationary pressures are easing, the fight against rising prices isn’t over yet, the Chicago Fed president warns ... Show more trib.al/Zu817ef
Fed holds rates steady, indicates three cuts coming in 2024: The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and ...
cnbc.com/2023/12/13/fed-interest-rate-decision-december-2023.html
Treasury yields rise as investors consider economic outlook: U.S. Treasury yields were higher on Thursday, with the Federal Reserve's monetary policy moves front ...
cnbc.com/2023/12/28/us-treasury-yields-investors-consider-economic-outlook.html
Former SAG-AFTRA Chief Named San Francisco Federal Reserve Bank Chair: David White, former SAG-AFTRA executive director, has been named Chair of the Federal ...
variety.com/2024/biz/news/david-white-federal-reserve-san-francisco-sagaftra-1235882335/
Paid articlePaid 10-year Treasury yield rises back above 4% briefly Wednesday: U.S. Treasury yields rose on Wednesday as investor attention turned to economic reports due this ...
cnbc.com/2024/01/03/us-treasury-yields-investors-look-to-fresh-economic-data.html
10-year Treasury yield slip further after Fed's 'big shift': The 10-year Treasury note yield continued to slip Monday as the final full trading week of 2023 gets ...
cnbc.com/2023/12/18/10-year-treasury-yield-slip-further-after-feds-big-shift.html
The U.S. avoided a recession in 2023. What’s the outlook for 2024? Here’s what experts are predicting
cnbc.com/2023/12/26/the-us-avoided-a-recession-in-2023-whats-the-outlook-for-2024.html
Fed holds rates steady, indicates three cuts coming in 2024: The Federal Reserve on Wednesday held its key interest rate steady for the third straight time and ...
cnbc.com/2023/12/13/fed-interest-rate-decision-december-2023.html
10-year Treasury yield slips, adds to this week's steep decline: The 10-year Treasury note yield slipped Friday, adding to its sharp downturn this week ...
cnbc.com/2023/12/15/us-treasury-yields-investors-digest-interest-rate-outlook.html
Fed's favorite inflation gauge shows prices rose at 3.2% annual rate in November, less than expected
cnbc.com/2023/12/22/pce-inflation-november-2023-.html
Interest Rates in ‘Very Good Place,’ Not Considering Cuts, Fed's Daly Says: Federal Reserve Bank of San Francisco President Mary Daly said interest rates ...
bloomberg.com/news/articles/2023-11-30/fed-s-daly-says-rates-in-very-good-place-not-considering-cuts
Paid articlePaid Fed’s Barkin Suggests Rate Cuts Possible If Inflation Keeps Falling: Federal Reserve Bank of Richmond President Thomas Barkin suggested the US central bank would ...
trib.al/Ki64HHI
Start Listening To Janet Yellen: Fiscal Policy Is Now Calling The Shots For Risk Asset Prices
seekingalpha.com/article/4662885-start-listening-to-janet-yellen-fiscal-policy-is-now-calling-shots-for-risk-asset-prices
Paid articlePaid The January Fed Meeting: What To Expect And How To Trade It: The Federal Reserve is considering a possible rise in the Federal Funds Rate to 5.75% from 5.5% ...
seekingalpha.com/article/4662661-the-january-fed-meeting-what-to-expect-and-how-to-trade-it
Paid articlePaid U.S. Financial Balances Rise A Healthy $275 Billion, Pointing To Better Markets In January
seekingalpha.com/article/4662470-us-financial-balances-rise-a-healthy-275-billion-pointing-to-better-markets-in-january
Paid articlePaid
Where has your money been? Here’s how to find out: When you get cash, do you ever think about where it’s been?
wgntv.com/news/nexstar-media-wire/where-has-your-money-been-heres-how-to-find-out/
Fed Will Soon Alter QT: The Fed's QT policy achieved 99% of its goal for reducing UST securities but only 44.3% for MBS. Read more about the Fed's QT roll-off ...
seekingalpha.com/article/4661624-fed-will-soon-alter-qt
Paid articlePaid
Nandita Bakhshi, former Bank of the West CEO: The exit interview
: Bakhshi looks back on her nearly four-decade career and reflects on what has changed in the ...
americanbanker.com/news/nandita-bakhshi-former-bank-of-the-west-ceo-the-exit-interview
CNBC Daily Open: A new AI gem: Broadcom shares popped 9% after Citi resumed coverage on the semiconductor maker, rating it a “buy.”
cnbc.com/2023/12/12/stock-markets-a-new-ai-gem.html
High mortgage rates have limited opportunities for homebuyers and sellers. How that may change in 2024
cnbc.com/2023/12/05/high-mortgage-rates-have-limited-opportunities-for-homebuyers-sellers.html
A crunch week for central banks will put rate-cut expectations to the test: Major central banks are set to make their final rate decisions of the year in a ...
cnbc.com/2023/12/11/rate-cuts-ahead-fed-ecb-and-other-central-banks-set-for-pivotal-week.html
Dallas Fed says Texas retailers see stronger sales growth ahead: The Federal Reserve Bank of Dallas’ retail index was almost back in positive territory in ...
dallasnews.com/business/retail/2023/12/27/texas-retailers-see-stronger-sales-growth-ahead-in-new-fed-barometer/
Federal Reserve Chair Jay Powell said Thursday that monetary policy is in "restrictive territory" and putting downward pressure on inflation ... Show more yhoo.it/3uhRbcw
Quick Glance: Powell's Pushback Impacts Market Reaction
- Federal Reserve Chairman Jerome Powell holds a press conference in Washington
- Market reacts to Powell's resistance against early rate cuts
- Minimal change in market pricing after Powell's precautionary measure
- 30-year auction closes with higher yield than expected, signaling investor concerns
Rate hikes may not be over yet, Fed official warns: A top Federal Reserve official is warning that interest rates may not yet have reached their apex in the ...
thehill.com/business/4311618-rate-hikes-may-not-be-over-yet-fed-official-warns/
IDX Composite surges past 7,200 on positive market sentiment: The IDX Composite closed at 7,219.67 with a 0.44 percent gain on Wednesday, driven by positive ...
thejakartapost.com/business/2023/12/20/idx-composite-surges-past-7200-on-positive-market-sentiment.html
Fed gave no indication of possible rate cuts at last meeting, minutes show: The Federal Reserve on Tuesday released minutes from its Oct. 31-Nov ...
cnbc.com/2023/11/21/fed-minutes-november-2023.html
Fed Chair Powell calls talk of cutting rates 'premature' and says more hikes could happen
cnbc.com/2023/12/01/fed-chair-powell-calls-talk-of-cutting-rates-premature-and-says-more-hikes-could-happen.html
How rich is the family from “Kevin” Home Alone”?: Economists at the Federal Reserve Bank in Chicago have recalculated the income ratios - and what the famous ...
sueddeutsche.de/kultur/kevin-allein-zu-haus-filmklassiker-1.6323126
Paid articlePaid Fed's Goolsbee expects easing shelter inflation to seal path to 2%: Chicago Federal Reserve Bank President Austan Goolsbee on Friday said the U.S ...
reuters.com/markets/us/feds-goolsbee-expects-easing-shelter-inflation-seal-path-2-2023-11-17/
Inflation: an unbiased view: Monetary policy is in a critical phase. What counts now is not being bossy, but rather an unbiased view ...
faz.net/aktuell/wirtschaft/inflation-vorurteilsfreier-blick-gefragt-19384891.html
Fed President Daly warns against calling time on rate-rising cycle too soon - FT: San Francisco Federal Reserve President Mary Daly warned against calling time ...
reuters.com/markets/rates-bonds/fed-president-daly-warns-against-calling-time-rate-rising-cycle-too-soon-ft-2023-11-15/
German stock market: DAX breaks the 17,000 point mark: The leading German index reached a record high on Thursday and rose above the 17,000 point mark.
faz.net/aktuell/wirtschaft/deutscher-aktienmarkt-dax-knackt-marke-von-17-000-punkten-19383670.html
As inflation cools, Fed seen pivoting to rate cuts in May: Cooling inflation will allow the Federal Reserve to forgo any more interest rate hikes and indeed to ...
reuters.com/markets/us/traders-see-no-more-fed-rate-increases-cuts-start-may-2023-11-14/
Interest rate meeting: US Federal Reserve keeps key interest rate constant for the third time in a row
faz.net/aktuell/finanzen/finanzmarkt/us-notenbank-haelt-bereits-zum-dritten-mal-in-folge-leitzins-konstant-19382830.html
Fed May Hike Again if Growth, Inflation Persist, Mary Daly Suggests: Federal Reserve Bank of San Francisco President Mary Daly said the US central bank may need ...
bloomberg.com/news/articles/2023-11-10/daly-suggests-fed-may-hike-again-if-growth-inflation-persist
Fed-fueled mortgage rates decline could loosen real estate log jam: After the Federal Reserve Bank hinted at rate cuts in 2024, real estate experts think ...
startribune.com/federal-reserve-bank-mortgage-interest-rate-minnesota-real-estate-house-home-market-residential-buy/600328581/
Interest rate cuts are coming in 2024: Bank of America: After a year of cooling inflation and no recession, Bank of America predicts interest rate cuts are ...
businessinsider.com/interest-rates-when-will-federal-reserve-cut-bank-of-america-2023-11
Week Ahead: IPO action, FII activity, global cues among key market triggers as Nifty 50 tests 22,000 this week | Mint
livemint.com/market/stock-market-news/week-ahead-ipo-action-fii-activity-global-cues-among-key-market-triggers-as-nifty-50-tests-22-000-this-week-11702746501644.html
"I do anticipate some sort of a slowdown, I just have to believe the net impact of all this tightening is eventually going to hit the economy harder than ... Show more trib.al/45K2U7u
European markets mixed after week of central bank interest rate decisions: European markets were in a mixed mood on Friday as investors digested central bank ...
euronews.com/business/2023/12/15/european-markets-mixed-after-week-of-central-bank-interest-rate-decisions
A recent study analyzing Census Bureau data conducted by the Federal Reserve Bank of Dallas reveals that Southern states are experiencing the most significant ... Show more
Ares Management bought a $3.5 billion loan portfolio from a weakened lender in the aftermath of the spring banking crisis. Now it wants more ... Show more yhoo.it/3FSR9dG
Federal Reserve Bank of Dallas President Lorie Logan says inflation appears to be trending more toward 3% than 2% trib.al/pzZgit6
US banks hit by deposit delays: Bank of America alerted customers on Friday that their deposits may be delayed due to a problem impacting multiple banks.
cnn.com/2023/11/03/investing/bank-deposit-outage/
Fed's Logan: watching if financial conditions tight enough: Dallas Federal Reserve Bank President Lorie Logan on Tuesday said she supported leaving the Fed's ...
reuters.com/markets/rates-bonds/feds-logan-watching-if-financial-conditions-tight-enough-2023-11-07/
Fed holds rates steady, upgrades assessment of economic growth: The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a ...
cnbc.com/2023/11/01/fed-meeting-november-2023-.html
Quick Glance: Fed Decides Against Interest-Rate Hike, Leaves Door Open for Further Increases
- The Committee considers the impact of monetary policy on economic activity, inflation, and financial developments.
- The Fed has made progress with its restrictive monetary policy, observing a decrease in inflation in September.
- The Committee remains highly focused on inflation risks.
- The Fed decides to maintain the target range for the federal funds rate unchanged at 5-1/4 to 5-1/2 percent.
Why the Australian dollar is surging: Anyone contemplating travelling to the US would be encouraged by a sudden jump in the value of the Australian dollar over ...
smh.com.au/business/markets/why-the-australian-dollar-is-surging-20231129-p5enml.html
Quick Glance: Conditions for Fed Interest Rate Cuts in 2024
- Interest rate cuts do not occur during times of economic stability, which is important for markets anticipating Federal Reserve easing next year.
- A compelling justification will be needed to start easing, and even then, interest rate decreases are likely to occur slowly - unless an unforeseen event occurs and the Fed is forced into more aggressive action.
- "The market constantly tries to anticipate these interest rate cuts, only to end up disappointed," said Kathy Jones, chief fixed income strategist at Charles Schwab.
- "In a different cycle, when inflation had not risen so sharply, I think the Fed would have already reduced interest rates."
Americans are struggling to pay their debts as economy tightens: Americans are having a harder time making interest payments as savings are shrinking and a ...
thehill.com/business/4272973-americans-are-struggling-to-pay-their-debts-as-economy-tightens/
CNBC Daily Open: Nvidia tripled its revenue. Investors weren’t impressed: Minutes of the Federal Reserve’s meeting put the brakes on stocks’ rally ...
cnbc.com/2023/11/22/stock-markets-nvidia-tripled-its-revenue-investors-werent-impressed.html
There's a new CD king after bank with prior highest yield just slashed it: Stephens predicts 1-year CD rates may to start to come down.
cnbc.com/2023/11/20/lendingclub-slashed-yield-on-1-year-cd-bread-financial-now-at-the-top.html
Paid articlePaid 10-year Treasury yield tumbles below 4.5% on cool October inflation report: Core CPI was up 4.0% year over year, the lowest 12-month reading since September 2021 ...
cnbc.com/2023/11/14/us-treasury-yields-investors-look-to-key-inflation-data.html
Fed's Barkin says there is 'a lot of time' to decide next policy step: Federal Reserve Bank of Richmond President Thomas Barkin said Friday that softer jobs data ...
reuters.com/markets/us/feds-barkin-says-there-is-a-lot-time-decide-next-policy-step-2023-11-03/
Quick Glance: Fed rate hikes possibly concluded as labor market further cools
- Slowing U.S. job growth and cooling wage pressures might provide Federal Reserve policymakers with renewed confidence that the U.S. economy is adapting to the impact of the coronavirus pandemic, allowing inflation to ease without requiring additional interest rate increases.
- Bond yields declined, and traders of contracts linked to the Fed's policy rate now perceive only a 12% probability of a rate hike by January, down from 30% prior to the release of the employment report.
- The reports on inflation in the upcoming months will be crucial, he stated.
- Despite the relaxation of financial conditions, the Fed will depend on economic data to determine its course of action, "and the data indicate that we are finished with rate hikes."
Switzerland, a small mountainous nation in western Europe, has avoided rampant inflation even as other countries continue to battle sky-high prices. Here’s how ... Show more cnb.cx/3uizlWQ
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics