45 F
New York
March 28, 2020
Home » US Federal Reserve

US Federal Reserve

Reuters - Business

U.S. regulators give banks relief on accounting standard, derivatives rule

Reuters
FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Photo WASHINGTON (Reuters) – U.S. banking regulators told banks Friday they could ignore the capital implications of a new accounting standard for two years and adopt early a new, more sensitive......
Reuters - Business

Fed sets fee structure for BlackRock’s role in mortgage bond purchases

Reuters
FILE PHOTO: People walk wearing masks outside The Federal Reserve Bank of New York in New York City, U.S., March 18, 2020. REUTERS/Lucas Jackson NEW YORK (Reuters) – BlackRock Inc will earn less than $8 million a year in fees for its role assisting the Federal Reserve with its purchases......
Reuters - Business

‘Maximum bearish’: funds in record rush to cash in past week

Reuters
LONDON (Reuters) – Investors rushed into cash and out of bonds at a record pace over the past week as the coronavirus pandemic caused mayhem in markets, BofA said on Friday, though it noted a key positioning signal at “maximum bearish” could signal a big rally ahead. FILE PHOTO: A......
Reuters - Business

U.S. banks borrow at discount window after Fed offers stigma relief

Reuters
NEW YORK (Reuters) – With encouragement from the Federal Reserve, U.S. banks have turned to a long-shunned lending facility known as the discount window to borrow $50.8 billion, according to data the central bank released on Thursday. FILE PHOTO: The Federal Reserve building pictured in Washington, U.S., July 16, 2018.......
Reuters - Business

Fed’s stimulus eases global market fears, gets cash flowing

Reuters
(Reuters) – Investors across a broad range of asset markets breathed a sigh of relief Tuesday, a day after the Federal Reserve rolled out unprecedented measures aimed at boosting liquidity and bolstering investor confidence in the face of a spreading coronavirus pandemic. FILE PHOTO: Federal Reserve Board building on Constitution......
Reuters - Business

How the U.S. could intervene to weaken its surging dollar

Reuters
NEW YORK (Reuters) – A blistering dollar rally has revived speculation that the U.S. may rein in its currency if the buck goes much higher. FILE PHOTO: An illustration photo of the U.S. dollar and the euro./File Photo The dollar has jumped about 7% in the last 15 days, as......
Reuters - Business

Fed’s big move could help U.S. Treasury liquidity, but effects may not last long

Reuters
NEW YORK (Reuters) – The Federal Reserve’s unparalleled steps to directly backstop the U.S. economy and its willingness to purchase vast sums of U.S. government debt, mortgage-backed securities and even corporate bonds could help boost depleted liquidity in the $17-trillion Treasury market. FILE PHOTO: A test tube labelled with the......
Reuters - Business

U.S. credit spreads narrow after unprecedented Fed stimulus

Reuters
FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis/File Photo NEW YORK (Reuters) – U.S. corporate credit spreads narrowed on Monday, indicating positive investor sentiment, following the Federal Reserve’s announcement that it would backstop an unprecedented range of credit. The......
Reuters - Business

Fed aims ‘bazooka’ at coronavirus to backstop economy

Reuters
(Reuters) – The U.S. Federal Reserve on Monday rolled out an extraordinary new array of programs aimed at blunting the “severe disruptions” to the economy caused by the coronarvirus outbreak, backstopping an unprecedented range of credit for households, small businesses and major employers. FILE PHOTO: The Federal Reserve building pictured......
Reuters - Business

Central banks deploy record sums to break financial logjam, but may need more

Reuters
LONDON/BOSTON (Reuters) – Central banks have offered trillions of dollars of support to markets in recent days to keep them from freezing up, as investors worried about the economic damage from the coronavirus and made a chaotic dash for the exits. FILE PHOTO: A trader wears a mask as he......
Reuters - Business

Fed’s Bullard: Coronavirus shutdown not a recession but an investment in survival

Reuters
WASHINGTON (Reuters) – In normal times massive unemployment and a collapse in economic output would be tragic. FILE PHOTO: James Bullard, President of the Federal Reserve Bank of St. Louis, leaves the three-day “Challenges for Monetary Policy” conference in Jackson Hole, Wyoming, U.S., August 23, 2019. REUTERS/Jonathan Crosby/File Photo This......
Reuters - Business

Wells Fargo asks Fed to lift cap on growth to support customers: FT

Reuters
Wells Fargo Bank branch is seen in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon (Reuters) – Wells Fargo & Co (WFC.N) has asked the U.S. Federal Reserve to remove an asset cap introduced during its accounts scandal in order to allow it to support businesses and customers hit......
Reuters - Business

States rush to prepare for wave of U.S. unemployed

Reuters
(Reuters) – The U.S. unemployment benefits program, a key part of the safety net for the labor market, is facing its biggest test in more than a decade. People gather at the entrance for the New York State Department of Labor offices, who closed to the public due to the......
Reuters - Business

Richmond Fed’s Barkin: Fed moving ‘aggressively’ to ensure market function

Reuters
FILE PHOTO: Federal Reserve Bank of Richmond President Thomas Barkin poses during a break at a Dallas Fed conference on technology in Dallas, Texas, U.S., May 23, 2019. REUTERS/Ann Saphir/File Photo WASHINGTON (Reuters) – The Federal Reserve is “aggressively” tackling problems with market functioning and liquidity as it sees them......
Reuters - Business

Analyst View: Fed opens central bank swap lines to stave off coronavirus slump

Reuters
NEW YORK (Reuters) – The U.S. Federal Reserve on Thursday opened the taps for central banks in nine new countries to access dollars in hopes of preventing the coronavirus epidemic from causing a global economic rout. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S.,......
Reuters - Business

Fed opens dollar swap lines for nine additional foreign central banks

Reuters
WASHINGTON (Reuters) – The U.S. Federal Reserve opened the taps on Thursday for central banks in nine additional countries to access dollars in hopes of preventing the coronavirus epidemic from causing a global economic rout. FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March......
Reuters - Business

Hedge fund billionaire Dalio says corporate losses in U.S. from coronavirus to top $4 trillion: CNBC

Reuters
FILE PHOTO: Bridgewater Associates Chairman Ray Dalio attends the China Development Forum in Beijing, China March 23, 2019. REUTERS/Thomas Peter/File Photo (Reuters) – Ray Dalio, founder of hedge fund Bridgewater Associates LP, said on Thursday corporations in the United States will lose as much as $4 trillion due to the......
Reuters - Business

Global central banks pull out all stops as coronavirus paralyzes economies

Reuters
SYDNEY (Reuters) – The U.S. Federal Reserve and its global counterparts moved aggressively with sweeping emergency rate cuts and offers of cheap dollars to help combat the coronavirus pandemic that has jolted markets and paralyzed large parts of the world economy. FILE PHOTO: U.S. Federal Reserve Chairman Jerome Powell arrives to......
Reuters - Business

Fed slashes rates again to shore up economy as coronavirus spreads

Reuters
(Reuters) – The Federal Reserve unexpectedly cut interest rates on Sunday for the second time in less than two weeks, an emergency move to help shore up the U.S. economy as a coronavirus pandemic spreads worldwide. FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington,......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More