THE Federal Deposit Insurance Corporation and two other major U.S. banking regulators want more information about the relationships between lenders and financial technology companies. The FDIC,...
I’m Chris Anstey, an economics editor in Boston, and today we’re looking at U.S. financial conditions and the Fed. Send us feedback and tips at ecodaily@bloomberg.net...
Federal Reserve Chairman Jerome Powell said Tuesday he is encouraged by lower inflation but stressed that the central bank will need to see more evidence before...
(Bloomberg) — It all started with a cryptic quote from President Xi Jinping buried in a 172-page book about the financial sector. Three months later, plans...
SHANGHAI/SINGAPORE (Reuters) – China’s central bank left a key interest rate unchanged as expected on Monday as it rolled over past due medium-term loans and drained...
(Bloomberg) — Gold pared gains as traders booked profits after prices hit a record on growing optimism over the Federal Reserve’s monetary policy and rising geopolitical...
AMELIA ISLAND, Fla. (Reuters) – U.S. inflation data through the first few months of 2024 was “disappointing,” Fed Supervisory Vice Chairman Michael Barr said on Monday,...
This is an exchange-traded fund designed to take advantage of higher rates. But even if the Federal Reserve begins to cut spending this year, James Davolos...
Boston Fed President Susan Collins said Wednesday that it will take longer “than previously thought” to reduce inflation, becoming the latest lawmaker to make clear that...
There may be an untapped market for exchange-traded funds. According to Matt Kaufman of Calamos Investments, there are billions of dollars in CD and money market...