News

Big banks all pass the Federal Reserve's stress tests, but the tests were less vigorous this year
The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe ...
New inflation reading won't end rate-cut debate between Fed doves and hawks
An escalating debate within the Federal Reserve about the case for interest rate cuts is not going to be settled by a new ...
Fed Says Banks Can Weather Severe Downturn as Stress Tests Become Latest Political Football
The results were the first under Fed Governor Michelle Bowman’s tenure as the Fed’s top Wall Street regulator. The stress test is the subject of an ongoing fight between financial regulators and bank ...
Wells Fargo clears another Fed hurdle as banks pass stress tests
For Wells Fargo, analysts at KBW had projected the bank's stress-capital buffer to drop by 0.3% to 3.5%, while M&T Bank Corp.'s (MTB) is expected to fall by 0.5% to 3.3%, Goldman Sachs's is seen as ...
First Light News: USD Remains On the Back Foot
Much of the focus was on the US Federal Reserve (Fed) resuming policy easing yesterday, as the S&P 500 closed the session out ...