Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.
Traders looking to sell the world’s reserve currency are far more common than thought even as the dollar’s dominance rips across markets, according to Morgan Stanley.
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this month, even though a new reading did show some signs of easing.
President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.
However, they flagged that US President-elect Donald Trump's proposed sweeping import tariffs on friends and foes alike could take a March cut "off the table", especially if the levies come sooner than anticipated or are higher than projected.
Bank of America (NYSE: BAC) Chairman and CEO Brian Moynihan is confident that Q4 net interest income will reach $14.3B, compared with $14.1B in Q3, as the bank's loan growth outpaces the industry, deposits increase, and high-cost deposits run off.
That's according to a team at Morgan Stanley led by chief U.S. stock ... concerns and put a damper on prospects for the Federal Reserve to cut rates this year. Need to Know: The bull market ...
The latest Consumer Price Index showed that housing inflation pressures continued to moderate in December in an encouraging sign for the Federal Reserve.
The delay also follows UK government pressure to ease regulatory burdens and stimulate economic growth. Prime Minister Sir Keir Starmer has previously promised to “rip up the bureaucracy that blocks investment”, while chancellor Rachel Reeves is currently urging regulators to support UK competitiveness.
Asian shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate. U.S. futures edged lower and oil prices fell after U.S. President Donald Trump called on oil-producing countries to reduce the price of crude,
Carl's away, so I've punched out a bite-sized Evening Wrap ASX 200 ticked higher and finished the week up 1.19% Wesfarmers shares soared after a Goldman Sachs upgrade Let's dive in. Today in Review Fri 24 Jan 25,
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year. The S&P 500 rose 0.5% Thursday amid relatively quiet trading and surpassed the record it set early last month.