Danger Sign: Shadow Banking Loans Now Exceed Bank Equity
The banking sector's credit portfolio grew by 2% year-over-year in 2024, driven mainly by a 15% increase in loans to shadow ...
Boston Fed maps out inflation response to Trump trade tariffs
The full suite of tariffs sought by the Trump administration would have created notable upward pressure for already high ...
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
Mortgage rates drop for the 4th straight week. What it means for you.
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loan to a lower rate, ...
Collins Says Fed Could ‘Look Through’ Initial Tariff Price Hit
Federal Reserve Bank of Boston President Susan Collins said the US central bank is unlikely to react to the impact of tariffs ...
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Will Tariffs Keep the Federal Reserve From Cutting Interest Rates This Year?
And without knowing what actual policy will be implemented, it's just really not possible to be too precise about what the ...
Powell says Fed ‘well positioned’ for the ‘risks and uncertainties’ that lie ahead
After cutting its key rate a full percentage point in the final three months of last year, with “the economy remaining strong, we do not need to be in a hurry to adjust our policy stance,” Powell said ...
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The cautionary tale of Richard Nixon vs. his Fed chair
The story of former President Richard Nixon vs. Arthur Burns, his Fed Chair is a tale of a president pressuring the head of the central bank for political reasons. Burns fights it, then capitulates, ...