How Republicans calling for smaller government could use the Fed's balance sheet to wield more power
Both times, the Fed's balance grew in size, reaching a peak of almost $9 trillion in 2022, but the second period of asset purchases consisted mostly of lower-coupon, longer-duration bonds that plunged ...
Fed's Powell sees a ways to go on shrinking Fed holdings
Federal Reserve Chairman Jerome Powell stated that the process of reducing the central bank's balance sheet, known as ...
The Fed Turns A Weekly Profit For The First Time Since September 2022
The Fed recorded its first weekly profit since September 2022, earning $379 million, driven by Policy Normalization and ...
An Inflation Deja Vu?
The Federal Reserve declared victory over price inflation over the summer when it began rolling back its balance sheet ...
The New York Times14d
‘Sovereign’ Status of Manhattan Federal Prosecutor Hangs in the Balance
If Danielle R. Sassoon, the interim U.S. attorney, agrees to drop the prosecution of Mayor Eric Adams, the decision could threaten the reputation of a famously independent office. By Benjamin ...
Forex Factory15d
Fed's Powell: We intend to reduce the balance sheet size
post: FED'S POWELL: THE FED DOESN'T ACT UNTIL SEEING MUCH MORE THAN WE SEE NOW. post: POWELL: WE DON'T THINK WE NEED LABOR MARKET TO COOL OFF ANY MORE OVERALL LABOR MARKET DOES SEEM TO BE STABLE, ...
Business Insider15d
Trump may be his own worst enemy in his fight against the Fed
President Donald Trump has called for interest rates to come down and escalated his criticism of the Federal Reserve chair, Jerome Powell, after this week's policy meeting. But the president ...
CNN15d
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying ...
Flushing Financial Corporation (NASDAQ:FFIC) Q4 2024 Earnings Call Transcript
Operator: Welcome to Flushing Financial Corporation’s Fourth Quarter and Full Year 2024 Operating Results Conference Call.
The New York Times16d
The Fed Is Sitting on the Sidelines, but for How Long?
What’s remarkable is that the Federal Reserve hasn’t yet needed to get involved in any of them. Enjoy the calm while it lasts. I think it’s a good bet that what we are seeing is a rare ...
CNN16d
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates. As you’d expect ...
The Financial Times17d
Central bank decisions — as they happened: Powell says no rush to adjust Fed policy stance; Canada cuts rates for sixth consecutive meeting
Central bank decisions — as they happened: Powell says no rush to adjust Fed policy stance; Canada cuts rates for sixth consecutive meeting on facebook (opens in a new window) Central bank ...