Commentary / World Sep 20, 2021
Changing the climate of financial regulation
by Sarah Bloom Raskin
Despite the growing costs of climate change, U.S. financial regulators have yet to show they are thinking creatively about potential solutions.
Commentary / World Aug 27, 2021
U.S. Fed decries wealth gap it helps perpetuate
by Lisa Abramowicz
All things being equal, the Fed is actively making the wealth gap more pronounced with its ultraeasy monetary policy.
Commentary / World Jul 15, 2021
China is the first crack in the COVID-19 recovery
by Daniel Moss
The shift by China's central bank is jarring because the nation spent months conveying the idea that it was comfortable trimming — not adding — support for the economy.
Business / Economy Jan 1, 2019
Humming U.S. factories end 2018 on sour note as five Fed indexes slip, Trump trade worries surge
Five Federal Reserve indexes of regional manufacturing all slumped in December, the first time they've fallen in unison since May 2016 and the latest evidence that a pillar of the U.S. economy has started to wobble heading into next year. The Dallas Fed's factory index ...
Business / Economy Dec 27, 2018
Trump's self-inflicted economic damage could cause Fed to pause as investors chill
President Donald Trump may get the Federal Reserve interest rate-hike pause he wants as his attacks on the Fed and the government shutdown roil stock markets and shave 2019 forecasts for economic growth. The S&P 500 fell 2.7 percent on Christmas Eve, bringing U.S. stocks ...
Business / Financial Markets Dec 24, 2018
Christmas calm eludes emerging markets as loose-cannon Trump spooks investors
If emerging markets had their way, this Christmas week would be like any other: quiet, with just a handful of economic releases and low trading volumes. But political dramas playing out in the U.S. are keeping investors on tenterhooks. The U.S. government shutdown over President ...
Business / Economy Nov 15, 2018
U.S. consumer inflation rises but falling oil prices may slow momentum
U.S. consumer prices increased by the most in nine months in October amid gains in the cost of gasoline and rents, pointing to steadily rising inflation that likely will keep the Federal Reserve on track to raise interest rates again next month. Though overall inflation ...
Business Jul 23, 2018
No chance for currency war despite Trump tweets, Treasury chief assures
U.S. Treasury Secretary Steven Mnuchin says there's no chance of a currency war erupting. When asked whether investors should be concerned about the prospects of one, he said "no," declining to elaborate during a press conference in Buenos Aires on Sunday. He was in the ...
World / Crime & Legal Jul 23, 2018
Accused Russian agent Maria Butina met in 2015 with U.S. Treasury, Fed officials
Accused Russian agent Maria Butina had wider high-level contacts in Washington than previously known, taking part in 2015 meetings between a visiting Russian official and two senior officials at the U.S. Federal Reserve and Treasury Department. The meetings, revealed by several people familiar with the ...
Editorials Nov 7, 2017
Jerome Powell will provide more continuity than change in policy at the world's most influential central bank.
Business / Economy May 5, 2017
Aso warns regional finance chiefs to protect against capital outflows from Fed interest rate hikes
Finance Minister Taro Aso on Friday voiced concern about the adverse effects of interest rate hikes by the U.S. Federal Reserve, including a potential outflow of capital from emerging economies. "Money moves to a country where interest rates are high from a country where interest ...
Business / Economy Jan 19, 2017
Manufacturing surge, labor crunch show U.S. economic health, Fed says
A pickup in manufacturing, "widespread" reports of labor shortages and improving business investment set the stage for the Federal Reserve's December rate hike amid signs of steady economic growth across the country, the Fed reported Wednesday in its latest Beige Book compendium of economic ...