News

Majority of Fed Officials Leaning Against July Interest-Rate Cut
A flurry of Federal Reserve officials this week made clear they’ll need a few more months to gain confidence that ...
Wall Street’s Regulatory Reins Start Loosening as Fed Proposes New Rule
The central bank is planning to reduce a capital buffer for the country’s largest banks, which critics warn will make the ...
Powell Isn’t Trump’s Only Holdout Against Cuts at a Divided Fed
Should Fed governors Waller and Bowman both lodge dissenting votes against a committee decision to hold rates steady next ...
The Business Times22h
Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule
BENGALURU] Large US global banks can expect as much as US$6 trillion in additional balance sheet capacity and billions in ...
The Banker23h
The four names in the frame to replace Jay Powell as Fed chair
Despite promising not to replace Jay Powell until his term as chair of the Federal Reserve ends in May next year, US ...
White House says pick to replace Fed’s Powell not ‘imminent’ after Trump floats ‘3 or 4’ candidates
The White House on Thursday denied that President Trump is close to announcing a replacement for Fed Chair Jerome Powell – ...