WASHINGTON (Reuters) – Federal Reserve board nominee Judy Shelton on Thursday faced sharp questioning from Senate Banking Committee members who challenged her independence from President…
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Fed's Harker says central bank should hold rates steady for a while
(Reuters) – The U.S. economy is in good shape and the Federal Reserve should hold rates steady for the time being, a top Fed official…
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Fed says risks to economy easing, but calls out coronavirus in report to Congress
WASHINGTON (Reuters) – A “moderately” expanding U.S. economy was slowed last year by a manufacturing slump and weak global growth, but key risks have receded…
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Fed's Kaplan says he expects solid U.S. growth this year
DALLAS (Reuters) – Dallas Federal Reserve Bank President Robert Kaplan said on Thursday that he expects “solid” economic growth this year, as easing trade tensions…
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Fed's Daly: I don't think coronavirus will have material impact on U.S. economy
WASHINGTON (Reuters) – The escalating coronavirus outbreak is unlikely to significantly impact the U.S. economy, San Francisco Federal Reserve Bank President Mary Daly on Wednesday.…
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Fed's Bostic says new virus hasn't changed his outlook
SAN DIEGO (Reuters) – China’s virus outbreak has prompted traders to begin pricing in a U.S. interest rate cut by June but has not swayed…
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U.S. regulators propose simpler restrictions around bank fund investments
WASHINGTON (Reuters) – U.S. banks would be able to take large ownership stakes in venture capital funds under proposed rules unveiled Thursday by the Federal…
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Fed's first hurdle in 2020: Dispensing with 'QE Lite'
(Reuters) – The Federal Reserve’s bond portfolio is swelling again at a pace not seen since the “quantitative easing” heyday in the early 2010s. Prices…
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REFILE-NY Fed accepts $44.15 bln in overnight repo bids -NY Fed website
Freeport-McMoRan Inc. Q4 adjusted earnings Beat Estimates Below are the earnings highlights for Freeport-McMoRan Inc. (FCX): -Earnings: $9 million in Q4 vs. $485 million in…
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Fed's Kaplan says immigration, trade are opportunities for faster growth
(Reuters) – The growth of the U.S. workforce is declining and new immigration policies are needed for the economy to grow at a faster rate,…
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Fed's on hold but next move may be rate cut, Kashkari says
MINNEAPOLIS (Reuters) – U.S. monetary policy is in a holding pattern for now, but the Federal Reserve’s next move may well be to cut interest…
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Fed's Evans says U.S. economy doing well but inflation too low
INDIANAPOLIS (Reuters) – Chicago Federal Reserve Bank President Charles Evans on Wednesday said the U.S. economy is doing “remarkably well,” with a vibrant labor market…
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U.S. Fed proposes delaying single counterparty rule for foreign banks
WASHINGTON (Reuters) – The U.S. Federal Reserve on Friday proposed delaying a new rule limiting foreign banks’ credit exposure to a single counterparty, allowing non-U.S.…
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Fed's Daly says rate cuts put U.S. economy in better position
(Reuters) – San Francisco Federal Reserve President Mary Daly said Monday that the central bank’s three rate cuts leave the U.S. economy better positioned to…
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