Banks Borrow Record $50 Billion At Fed's New SRF Amid Hot Repo Rates, ON RRPs Spike To $52 Billion In Opposite Direction

With SOFR at 4.04% and IORB at 3.9% on October 30, the spread between them was 14 bps, which was slightly narrower than on ...

Charting the Global Economy: Fed Reins in Rate-Cut Expectations

The European Central Bank kept borrowing costs unchanged for a third straight meeting, with inflation in check and the ...

Weekly Indicators: Rate Cut Aids Yield Curve, While Service Sector May Be Suffering

High frequency indicators point to a steady U.S. economy with strong consumer spending and stock market gains. Learn why ...

Fed Risks a Recession if It Doesn’t Cut Rates Rapidly, a Top Official Warns

Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried about inflation.
AOL

The Fed raises alarm over 'deterioration' in the US housing market — here's what that means for hopeful buyers

Some or all links may be monetized. The U.S. housing market is in a slump, and the Federal Reserve has taken notice. Notes ...
Coingape

Waller Signals December Fed Rate Cut Despite Powell’s “No More Cuts” Stance

Fed Governor Christopher Waller calls for a December rate cut, clashing with Jerome Powell’s stance that the easing cycle may ...

Fed's Waller calls for December rate cut, as hawks press for policy pause

SAN FRANCISCO] A clutch of Federal Reserve bank presidents on Friday (Oct 31) aired their discomfort with the US central bank ...

The Fed is about to start boosting financial markets again. Here's why.

Ending the program as of Dec. 1 is just another way for Fed officials to ease financial conditions, albeit through different channels than a rate cut would. Changes to the Fed's balance sheet impact ...

From fast food to beverage giants, brands see rising income inequality among customers

Consumer brands are adjusting to a two-tiered economy as the new normal. Yet there are signs that even high-income customers are under pressure.
The Manila Times on MSN

US Fed official backed rate pause because inflation 'too high'

A senior member of the US Federal Reserve (Fed) on Friday said he voted against cutting interest rates this week because inflation was “too high” for comfort.

Juan Ramón Matta Ballesteros, 80, Dies; Cartel Kingpin Fed Cocaine Boom

Before being imprisoned in the late 1980s, he made a fortune as a Honduran power broker connecting Colombian and Mexican cartels.

Fed official warns inflation is still too high for more rate cuts

Kansas City Fed President Jeffrey Schmid has been saying since the summer that inflation is too high. You’re probably one of the millions of Americans who agrees with him. And while some Federal ...