Powell: More rate hikes likely needed to fight inflation
The Federal Open Market Committee may raise the federal funds rate at least two more times as it continues the ...
Tag: Federal Reserve
Fed’s Bowman questions need for higher capital requirements for banks
New capital requirements for financial institutions could unnecessarily hinder bank lending and diminish competition, Federal Reserve Governor Michelle Bowman said.
Report finds banks remain resilient as economy cools
Financial conditions have tightened further since January but the U.S. banking system remains sound and resilient, the Federal Reserve said ...
Fed’s Waller: Don’t blame rising rates for recent bank closures
The FOMC's decision to rapidly increase the federal funds rate over the past year was not a major factor in ...
WalletHub survey: Most Americans unprepared for recession
More than half of Americans (56%) say they are not financially prepared for a recession, while 40% remained concerned about ...
Fed council: Community bankers hard hit by increased regulatory costs
The cost of regulatory compliance will likely drive an increase in merger and acquisition activity among community banks, with new ...
Banking regulators issue joint guidance on third-party risk management
Federal banking regulators issued long-awaited joint guidance for financial institutions when managing risks associated with third-party relationships, including relationships with ...
FOMC minutes: Members uncertain about further rate hikes
Federal Open Market Committee members all agreed to raise the federal funds rate by 25 basis points at their meeting ...
Waller: Inflation too high to stop rate increases
Federal Reserve Governor Christopher Waller said that he does not support stopping increases in the federal funds rate unless there ...
Senators criticize Fed for engaging in ‘climate activism’
Nine Republican senators urged the Federal Reserve to stop engaging in “climate activism,” saying the institution’s “credibility hangs in the ...
