federal reserve

Stocks Climb as Tensions Rise Before Trade Meeting: Markets Wrap

Stocks rose in Europe while U.S. index futures turned higher on Wednesday following a mixed session in Asia as investors weighed a host of potential headwinds to looming trade talks... Read More The

Long Term Real Interest Rates Fell Below Zero in all Euro Area Countries

Is praise of negative real interest rates in Europe making a virtue out of (mis)perceived necessity?

Gold Extends Push Above $1,500 in Last Few Hours Before Payrolls

Gold pushed higher into the $1,500s as investors ticked off the last few hours until a key monthly U.S. employment report, which may add to mounting signs of a slowdown... Read More The post Gold
US economy adds fewer jobs than expected amid global recession fears – as it happened

US economy adds fewer jobs than expected amid global recession fears – as it happened

Rolling coverage of business, economics and markets as investors focus on chances of Federal Reserve interest rate cutsBP chief executive Bob Dudley to retire after a decade at helmCity regulator
Chance of an October Fed Rate Cut Jumps to 93%

Chance of an October Fed Rate Cut Jumps to 93%

The odds implied by futures markets now favor a cut in October and another in December. Even January is now in play.

Credit Karma Is Launching a Savings Account. But as the Fed Cuts Interest Rates, ‘High Yield’ Is Relative

The credit score-tracking startup is the latest fintech firm to offer a high-yield savings account. But with the Federal Reserve expected to cut interest rates further, the companies' promise of "high

US Lawmakers Ask Fed to Consider Developing ‘National Digital Currency’

"We are concerned that the primacy of the U.S. Dollar could be in long-term jeopardy from wide adoption of digital fiat currencies."
Trump Blames Manufacturing Slump on Fed for Keeping Dollar Too Strong

Trump Blames Manufacturing Slump on Fed for Keeping Dollar Too Strong

Currency and rates markets agree with Trump: the Fed's policy is too tight and rates need to come down.

Mark Carney’s Trojan Unicorn — Are Central Banks Considering Stealth Nationalization in Sovereign Digital Currencies?

Mark Carney talks about digital soverign currencies. But is he really describing nationalization? And if so, whither the commercial banks?

The End of Super Imperialism?

Bank of England Governor Mark Carney's proposal to invent to replace the US dollar as the key reserve currency with a "synthetic hegemonic currency."

‘No Argument’ for Replacing Dollar’s Global Role With Crypto: Ex-Fed Official

The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets.
Repo Madness Day 8: NY Fed Pumps $110 Billion of Cash into Market

Repo Madness Day 8: NY Fed Pumps $110 Billion of Cash into Market

No sign of stability in the short-term funding market.

The Fed’s Repo Market Bailout Is a Sign of Deeper Problems—That Are Getting Worse Over Time

According to a report one firm provided Fortune, overnight rates have breached the upper Fed rate an average of once a month since 2018 and spikes have grown larger over time.
The Federal Reserve is pumping hundreds of billions into financial markets — for the first time since 2008

The Federal Reserve is pumping hundreds of billions into financial markets — for the first time since 2008

In an attempt to calm roiling money markets, the Federal Reserve has announced plans to continue its series of daily multi-billion dollar repurchase agreements, or repos, until October 10, 2019.The
Repo Madness: New York Fed Boosts Overnight Funds to $100 Billion

Repo Madness: New York Fed Boosts Overnight Funds to $100 Billion

Demand for short-term cash loans for banks is rising and liquidity crunch rolls on.
Blockbuster: New Home Sales Hit Fastest Pace Since 2007

Blockbuster: New Home Sales Hit Fastest Pace Since 2007

New home sales were much better than expected in August, putting the year on pace to be the best since 2007.
Repo Madness Day 7: Banks Seek $92 Billion of Repo Funding from NY Fed

Repo Madness Day 7: Banks Seek $92 Billion of Repo Funding from NY Fed

The short-term funding market still needs emergency liquidty from the Federal Reserve.
Repo Madness Day 6: Fed Aid Jumps to $105 Billion

Repo Madness Day 6: Fed Aid Jumps to $105 Billion

The amount of funds needed to keep the short-term repo market under control is still growing and demand is rising.
The Fed has a smaller share of female economists than the typical federal agency

The Fed has a smaller share of female economists than the typical federal agency

In 2018, only 190 of the Fed's 776 PhD economists were women.
Repo Madness Day 5: NY Fed Pumps $65.8 Billion Into Funding Market

Repo Madness Day 5: NY Fed Pumps $65.8 Billion Into Funding Market

The Fed's intervention in the overnight funding market for banks entered its second week on Monday.