Fed’s stress test shows US banks can survive recession Fed’s stress test shows US banks can survive recession By admin on June 30, 2023 23 large banks have sufficient capital to absorb more than $540 billion losses, says central bank
Rally in commodity market reversed Rally in commodity market reversed By admin on June 26, 2023 Price of corn lost 1.6%, soybeans 2.9%, rice 0.5%, cotton 1.8%, coffee 9.1%, sugar 6.5%, and cocoa 0.8% last week
Fed chair signals more rate hikes to fight inflation Fed chair signals more rate hikes to fight inflation By admin on June 21, 2023 ‘Inflation pressures continue to run high and the process of getting inflation back down … has a long way to go,’ says Jerome Powell
Fed watching US banking sector closely to gauge need for further rate hikes Fed watching US banking sector closely to gauge need for further rate hikes By admin on June 18, 2023 Rapid increase in interest rates contributed to stresses in banking system that need to be addressed, says Christopher Waller
US industrial production falls 0.2% in May US industrial production falls 0.2% in May By admin on June 15, 2023 Manufacturing output rises 0.1%, capacity utilization falls 0.2 percentage point
Fed says US labor market shows ‘signs of cooling’ Fed says US labor market shows ‘signs of cooling’ By admin on June 1, 2023 Businesses expect little improvement in months ahead amid heightened economic uncertainty, according to Beige Book
Climate change does not pose serious risk to US financial stability: Fed governor Climate change does not pose serious risk to US financial stability: Fed governor By admin on May 12, 2023 'I believe that placing an outsized focus on climate-related risks is not needed,' says Christopher Waller
Americans’ short-term inflation expectations fall in April: New York Fed Americans’ short-term inflation expectations fall in April: New York Fed By admin on May 9, 2023 Medium- and longer-term expectations, however, slightly increase
Fed leaves door open for interest rate changes to see how inflation moves: Expert Fed leaves door open for interest rate changes to see how inflation moves: Expert By admin on May 6, 2023 US central bank also watching credit conditions, US banking crisis, debt ceiling issue, risks of resurging inflation
US stocks fall after Fed indicates it is undecided on pausing rate hikes US stocks fall after Fed indicates it is undecided on pausing rate hikes By admin on May 4, 2023 Federal Reserve Chair Jerome Powell says 'decision to pause rate hikes not yet made'
