Fed Plans Broad Revamp of Bank Oversight After SVB Failure April 28, 2023 By Ann Saphir, Hannah Lang and Chris Prentice The Federal Reserve issued a detailed and scathing assessment on Friday of its failure to identify problems and push for...
Banks Should Be More Cautious on Crypto Contagion Risks, U.S. Regulators Warn January 4, 2023 By Hannah Lang Banks should be more careful about the risks of fraud, legal uncertainty and misleading disclosures by crypto firms, U.S. regulators...
Federal Reserve Issues Guidance for Banks Considering Crypto Activities August 17, 2022 By Pete Schroeder and Hannah Lang The U.S. Federal Reserve on Tuesday issued additional guidance for banks considering activities involving cryptocurrencies, emphasizing that firms must notify...
Powell Says Fed Will Fix Inflation, Calls Price Stability ‘Bedrock’ of Economy May 13, 2022 By Howard Schneider Calling stable prices the “bedrock” of the economy, Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank’s...
Inflation, Ukraine War Seen as Chief Financial Risks May 10, 2022 By Howard Schneider High inflation, volatility in stock and commodity markets and the war in Ukraine have emerged as the chief risks to...
Global Supply Pressures Eased in February, New York Fed Says March 3, 2022 By Howard Schneider Global supply chain pressures eased in February as backlogs and delivery times improved in several key markets and a measure...
Fed’s Powell Prepares for Possible Pivot With Inflation Risks Rising December 2, 2021 By Jonnelle Marte and Lindsay Dunsmuir The U.S. central bank needs to be ready to respond to the possibility that inflation may not recede in the...
Labor Force Participation Rebound Will Take Time: Research August 30, 2021 By Howard Schneider The U.S. Federal Reserve faces a long slog if it hopes for the country’s labor force participation rate to climb...
Risks of Business Failures ‘Remain Considerable,’ Says Fed February 22, 2021 By Howard Schneider The risks of ongoing business failures in the United States “remain considerable” even as the economy emerges from the coronavirus...
Getting Digital Currency Right More Important Than U.S. Being First, Says Fed’s Powell October 21, 2020 In any development of a cross-border digital currency, it is more important for the United States “to get it right...