None of the 19 top Federal Reserve officials expect it will be appropriate to cut interest rates this year, according to the minutes of the central bank’s December policy meeting, Read more
Tag: official
Treasury yields retrace a portion of latest dive as Fed official sounds warning
Bond yields rose on Monday as a Fed official called for caution on optmism that inflation may have peaked. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.386% rose Read more
Musk scraps Twitter’s gray ‘official’ label just hours after its launch
On Wednesday, new Twitter CEO Elon Musk abruptly ended a new project on his social media platform. Twitter began rolling out a new designation labeled “official” on some larger accounts Read more
China outnumbers the U.S. for the first time in this ranking of the world’s ‘best’ universities and U.S. economy will likely fall into recession, former Fed official says
Hi, MarketWatchers. Don’t miss these top stories. China outnumbers the U.S. for the first time in this ranking of the world’s ‘best’ universities Artificial intelligence is among the few fields Read more
U.S. economy will likely fall into recession, former Fed official says
NASHVILLE, Tenn. — Former Federal Reserve vice chairman Roger Ferguson says the U.S. central bank will continue to hike rates multiple times this year, but at a slower pace, and Read more
China’s Economy Improved Significantly in Third Quarter, Official Says
China’s economy “significantly improved” in the third quarter, a senior official with the state planner said on Monday, a day ahead of the official release of quarterly growth numbers. The Read more
At least eight dead in one of Russia’s attacks on Kyiv, official says
KYIV, Ukraine — At least eight people were killed and 24 were injured in one of the strikes in Kyiv, said Rostyslav Smirnov, an advisor to the Ukrainian ministry of Read more
Biden official says ban on gasoline exports still on the table, as White House responds to OPEC+ supply cut
Top White House economic adviser Brian Deese said Thursday that a U.S. ban on exports of gasoline and other refined petroleum products still was under consideration, as Biden administration officials Read more
Bank of England official says $1 trillion in pension fund investments could’ve been wiped out without intervention
A top Bank of England official confirmed for the first time that worries that a popular pension fund investment would collapse prompted the intervention by the central bank to buy Read more
Fed official suggests easing of big-bank merger rules as competition from fintech increases
The U.S. Federal Reserve Board should consider relaxing bank-merger guidelines focused on branch concentration, last updated in 1995, to account for competition from financial technology companies, Michelle Bowman, a governor Read more