Congress has already given him tax cuts and increased deficit spending that is expected to stimulate the economy... READ MORE›
It's also significantly more burdensome for lower income households, the analysts said... READ MORE›
Indeed, bitcoin, ethereum, ripple and other digital currencies, while they have grown in use and popularity, have notable drawbacks, the economists said... READ MORE›
Ten Years After the Crisis, Banks Win Big in Trump's Washington... READ MORE›
If we lived in a dystopian world without trust, Bitcoin might dominate existing payment methods, Martin said... READ MORE›
It will fuel inflationary pressures, Zandi said in an email... READ MORE›
In New York, according to a marketing document seen by Bloomberg... READ MORE›
For these observers, the dollar's rebound amid the biggest burst of foreign-exchange volatility since 2015 is bound to be short-lived... READ MORE›
So far, I'd say this is small potatoes, Dudley said of recent market moves... READ MORE›
New York Fed President William Dudley on Thursday called the stock selloff small potatoes and said it has no economic implications... READ MORE›
Earlier, shares in Japan closed higher after a turbulent session while China's stocks slid for a third day, even as Hong Kong equities climbed... READ MORE›
The new Fed chief will butt heads with the president if rate increases cool economic growth... READ MORE›
The head of the World Bank is the latest financial voice to raise questions about the legitimacy of digital currencies such as Bitcoin... READ MORE›
The sharp sell-off in stocks that started last week and gathered steam this week lacked a specific trigger... READ MORE›
Historically, when you look at commodities they perform very well during rate-hiking cycles, Currie told Tom Mackenzie in the interview... READ MORE›
Equity investors are in for a further stomach-churning down-draft, but it will pay off to stay the course, according to AMP Capital Investors Ltd... READ MORE›
A break above that could lead the yields to next test 3.28pc, the 200-month simple moving average, which has not been reached since 1989... READ MORE›
North American stock markets plunged in volatile trading on Monday after the Dow Jones index fell almost 1,200 points, following its worst weekly decline since 2016 on Friday... READ MORE›
Wells Fargo, which posted its biggest intraday percentage loss in six and a half years, led losses on the S P 500 index, down 0.18 percent... READ MORE›
Wells Fargo, which posted its biggest intraday percentage loss in six and a half years, led losses on the S P 500 index, down 0.18 percent... READ MORE›
The day will bring reports on South Korean trade, Australian job ads, PMIs for Singapore and Hong Kong, as well as Indonesian GDP... READ MORE›
Last year, Wells Fargo spent 3.9 billion on costs related to risk management alone, Sloan said... READ MORE›
Kashkari said the research director of the Minneapolis Fed, Mark Wright, told him their city had "dodged a bullet" by not making Amazon's list of 20 cities it is considering... READ MORE›
And these are the main moves in markets Stocks The S P 500 Index fell 0.1 percent to 2,821.96 at 4 p.m... READ MORE›
While that can help banks raise their leverage ratio, it also crimps profits... READ MORE›
Inflation has picked up slightly since the middle of 2017 while remaining short of the central bank's 2 percent goal... READ MORE›
US Federal Reserve keeps interest rates the same in last meeting under Yellen... READ MORE›
Bloomberg's Chris Condon reports on the Federal Reserve's policy-making meeting... READ MORE›
The Federal Open Market Committee on Wednesday left its target range for the federal funds rate unchanged at 1.25 percent to 1.5 percent... READ MORE›
Well the fact, that, essentially, we're beginning to run an ever-larger government deficit, Greenspan said... READ MORE›
Eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies... READ MORE›
Though the economy remains strong, unbounded enthusiasm has run too far, according to Canaccord Genuity Inc.'s Tony Dwyer... READ MORE›
The Fed's preferred gauge of inflation, based on consumer spending, gained just 1.6 percent in the year through October... READ MORE›
Before the latest revision the most recent Goldman Sachs forecast for 2018 growth was 2.4 percent, according to forecasts compiled by Bloomberg... READ MORE›
As bitcoin prices were setting records, hackers this week reportedly made off with 70 million in the digital currency after targeting NiceHash, a cryptocurrency platform... READ MORE›
But the Israeli source said any digital currency introduced by the country's central bank would be centralized, safe and abide by money laundering rules... READ MORE›
On Sept. 15, the day of the bankruptcy filing, the yield plunged 50 basis points, driving it below 2 percent on an intraday basis... READ MORE›
That supply-demand imbalance will concern the central bankers, he said... READ MORE›
The Bank for International Settlements, known as the central banks' bank, is also in on the act... READ MORE›
All four Fed rate hikes since late 2015 have come at gatherings that were accompanied by a press conference, which occur at alternating meetings... READ MORE›
All 12 regional Fed presidents also sit on the policy-making Federal Open Market Committee, along with Fed governors who are based in Washington... READ MORE›
Powell, 64, who joined the Fed Board of Governors in 2012, has publicly backed the central bank's plan of gradually raising interest rates... READ MORE›
Trump nominates Fed Gov. Jerome Powell as the next Federal Reserve chief... READ MORE›
President Trump should name himself to be head of the Federal Reserve... READ MORE›
One of the White House officials said Trump indeed had by then narrowed his shortlist to Yellen, Powell and Taylor... READ MORE›
By appointing Powell, Trump broke with decades-old tradition observed by previous presidents of re-appointing the chairman of the Federal Reserve... READ MORE›
Growing up in the suburbs on Long Island, Peter Metcalf thought exploring the outdoors meant biking around a decommissioned air base near his home... READ MORE›
Yet his preference for Powell dims current Fed Chair Janet Yellen's chances for a second term at the helm of the world's leading central bank... READ MORE›
Goodfriend presented a paper on it in 2016 in Jackson Hole, Wyo., at a high-profile annual conclave of central bankers... READ MORE›
S P e-mini futures ESc1 were down as much as 0.3 percent, compared to their drop 0.1 percent before the Alabama polls closed... READ MORE›
One says monetary policy is too tight, and the other says it is too slack, he added... READ MORE›
When most Americans look back on 2017, they might fondly recall eclipse goggles or learning that Justin Bieber can, sometimes, sing in Spanish... READ MORE›
Policy makers boosted their economic forecast in 2018 to 2.5 percent from 2.1 percent in September as they increasingly factored the effects on the tax package into their outlooks... READ MORE›
The Stoxx Europe 600 Index jumped to its highest level in more than two years, with most of the most industry sectors rising... READ MORE›
All 15 members of the S P 500 Semiconductor Index retreated, led by Micron Technology, Lam Research Corp... READ MORE›
He argued that the central bank would continue to tighten its monetary policy as the unemployment rate hits record low and the economy continues steady growth... READ MORE›
A requirement that U.S. banks maintain a minimum level of capital against all their assets... READ MORE›
The British pound gained before the Bank of England's rates decision... READ MORE›
Fed Chair Janet Yellen and the nominee to succeed her, Jerome Powell, lead a busy lineup of central bankers speaking this week... READ MORE›
A governor on the Federal Reserve board since 2012, Powell has yet to cast a dissenting vote against the Federal Open Market Committee's decisions on monetary policy... READ MORE›
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