New York Fed’s Tweak to Key Repo Facility Hampered by Its Design
The Federal Reserve Bank of New York’s plan to conduct additional liquidity operations through the end of the year will ...
Fed Officials Strike An Optimistic Tone After Slashing Rate Cut Forecasts
Chicago Federal Reserve Bank President Austan Goolsbee said interest rates would be lowered by a “fair amount” next year in ...
US Fed floats major changes to bank stress tests in light of legal rulings
The U.S. Federal Reserve said on Monday it was considering major changes to its annual bank "stress tests" in light of recent ...
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NY Fed survey reveals workers are demanding higher salaries as AI threatens job security
A Federal Reserve Bank of New York survey shows that more workers are uneasy about losing their jobs. Their fears are tied to ...
Repo Benchmarks Drop as Fed Tweak Aims to Keep Volatility at Bay
Key benchmarks tied to US overnight funding fell, reflecting the Federal Reserve’s adjustment this week to the tools it uses ...
NY Fed President Calls Latest Inflation Data ‘Good News’
The softer-than-expected inflation results for November are “encouraging news,” the president of the Federal Reserve Bank of ...
The Fed cut interest rates but mortgage costs jumped. Here's why
The average 30-year fixed rate mortgage spiked after the Federal Reserve cut rates. Experts say expectations for rate cuts in ...
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Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
Federal Reserve ... bank’s mantra of making policy decisions based on data. “We’re supposed to achieve maximum employment and price stability for the benefit of all Americans and keep out of politics ...
Buffalo News6d
Evans Bank sale to NBT wins regulatory, shareholder approval
There is no branch overlap between the two companies, but the deal is expected to lead to dozens of layoffs at Evans' ...
The New York Times6d
Jerome Powell on the Fed’s Role in America’s Financial Future
recorded live at the annual DealBook Summit event in New York City. The chair of the Board of Governors of the Federal Reserve System sat down to discuss the state of the U.S. economy, the ...
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Who Will Vote on Fed Policy Next Year?
The Federal Open Market Committee, which votes on changes in interest rates, includes a rotating cast of presidents from 11 ...
Niagara Gazette6d
'Buy now, pay later' is more popular than ever. It can cost more than you think
More shoppers than ever are on track to use ‘buy now, pay later’ plans this holiday season, as the ability to spread out ...