News

Fed Lifts $1.95 Trillion Cap on Wells Fargo (WFC), Shares Jump on Growth Prospects
Wells Fargo was freed from a $1.95 trillion asset cap imposed by the Federal Reserve in 2018, marking the end of a seven-year growth restriction. The Fed lifted the punitive measure on Tuesday, ...
Breaking: Fed Minutes saw elevated uncertainty about the economic outlook
Fed officials noted, “Uncertainty around the economic outlook has increased. The Committee is attentive to the risks to both ...
CNBC Africa8d
AfDB at 60: Time to reclaim the zeal of its visionary reformers
Obi Ezekwesili, former minister and former VP for Africa at the World BankKalidou Gadio, DLA Piper, former Legal Counsel of ...
Wesbury: "We're Paying Private Banks $200 Billion Per Year To Hold All The Cash The Fed Printed"
Economist Brian Wesbury comments on how the Federal Reserve (and eventually taxpayers) are paying hundreds of billions of ...
Brian Wesbury: The Fed's Money Printing Has Underwritten The Government Bureaucracy
Economist Brian Wesbury argues that the Federal Reserve's massive balance sheet expansion during Covid has not just distorted ...
NY Fed’s Perli Sees Early Signs of Pressure in Money Markets
The manager of the Federal Reserve’s massive portfolio of securities said the central bank’s effort to reduce the size of its balance sheet is beginning to place pressure on the market for repurchase ...
Cryptopolitan14d
Federal Reserve’s balance sheet runoff is starting to strain the repo market
The adjustment reflects rising sensitivity in short-term markets as liquidity becomes harder to maintain. Despite the tightening trend, cash parked at the Federal Reserve by commercial banks actually ...
Federal Reserve Bank of New York14d
The Evolution of the Federal Reserve’s Monetary Policy Implementation Framework
In January 2019, after a series of discussions around long-run frameworks for monetary policy implementation, the FOMC communicated its intention to maintain an ample supply of reserves, affirming the ...
Wall Street Journal1mon
Fed Should Continue to Shrink Balance Sheet, Cleveland Fed’s Hammack Says
NEW YORK—Beth Hammack, president of the Federal Reserve Bank of Cleveland, said the central bank should continue reducing the size of its balance sheet, pointing to potential costs that the ...
Morningstar1mon
Fed Should Continue to Shrink Balance Sheet, Cleveland Fed's Hammack Says
"To the extent that a large balance sheet with more-than-ample reserves ... at reducing volatility as reserves shrink, Hammack said. As the Fed's balance sheet shrinks, the central bank should ...
Forex Factory2mon
Fed to Shrink Balance Sheet at Slower Pace Until Debt-Ceiling Deal Reached
The Federal Reserve said it will start shrinking its balance sheet at a slower pace starting next month, reducing the amount of bond holdings it lets roll off every month. Officials, who left interest ...
Forex Factory2mon
Fed to Shrink Balance Sheet at Slower Pace Until Debt-Ceiling Deal Reached
post: POWELL: WE WANT TO FOCUS ON THE HARD DATA post: Fed's Powell: If the soft data affects the hard data we will know it very quickly, but we don't see that yet. post: POWELL: POLICYMAKERS WIDELY ...