Browsing: Federal Reserve
Fed governor highlights de-dollarization debate as concerns grow over the greenback’s global dominance: ‘The role of the U.S. economy in world finance is changing’
That has the Fed keeping a close eye on the risks of de-dollarization and how it could impact American consumers…
Federal Reserve Chair Jerome Powell has tested positive for COVID-19 and is experiencing related symptoms. Powell tested positive late Thursday.…
World’s largest asset manager wants Fed to reverse course: Slash rates to tame inflation
BlackRock Inc.’s Rick Rieder has some advice that bucks conventional wisdom: The best way for the Federal Reserve to temper…
Jamie Dimon warns markets are fooling themselves by thinking inflation will soon go away: ‘The chances of something going wrong are higher than people think’
JPMorgan CEO Jamie Dimon worries exuberant investors are running ahead of themselves due to what he called “a lot of…
U.S. wholesale prices rose sharply last month, a sign that stubbornly high inflation may persist after three elevated readings in…
Billionaire real estate investor Barry Sternlicht says he expects at least one bank failure per week due to real estate loans: ‘That’s a fragile animal right now’
Barry Sternlicht, co-founder, chairman, and CEO of the $115 billion real estate giant Starwood Capital Group, is worried about the…
Billionaire Stan Druckenmiller says he’d give Bidenomics an ‘F’ because inflation almost came down before the Fed ‘fumbled on the five-yard line’
Bidenomics has another critic. Stanley Druckenmiller, the famed billionaire investor who made his money working alongside George Soros, has been…
Score a victory for Mayberry. America’s small towns, like the iconic setting of television’s The Andy Griffith Show from the 1960s, saw…
Wall Street watchdogs want another crack at clawing back big bonus payouts after executive misconduct
Regulators will try again as soon as next week to impose rules that would force banks to claw back pay…
Softer jobs report could ease pressure on inflation, but ‘one month does not make a trend,’ Glenmede says
The April jobs report came in below economists’ expectations, giving them hope a softer labor market could ease pressure on…