Federal Reserve
FinanceBillionaire investor Barry Sternlicht says the Fed’s rate hikes are like using a ‘steamroller’ to ‘kill a small fly’ and warns the economy is about to ‘hit the wall’
By Prarthana PrakashMarch 24, 2023
FinanceThe American banking system is hugging tightly to the Fed with billions of borrowing from the backstop barely budging
By Craig Torres, Alexandra Harris and BloombergMarch 23, 2023
FinanceWall Street’s ‘Dr. Doom’ sees ‘Bermuda Triangle’ of risks for economy and warns of a 2008-like crisis
By Steve MollmanMarch 23, 2023
FinanceA banking crisis means the Fed has a new inflation ally that it never wanted: A credit crunch
By Paul Wiseman and The Associated PressMarch 23, 2023
FinanceElon Musk says Jerome Powell is so bad at his job that GPT-4 would be a better Fed chair: ‘This foolish rate hike will worsen depositor flight’
By Steve MollmanMarch 23, 2023
FinanceThe metric Fed Chair Powell touted as the guide to economic troubles says a recession and rate cuts are coming this year
By Garfield Reynolds and BloombergMarch 23, 2023
By Maureen O’HaraMarch 23, 2023
The CoinsBitcoin teeters near $27,000 as Fed raises interest rates and Powell says cuts unlikely in 2023
By Marco Quiroz-GutierrezMarch 22, 2023
FinanceSilicon Valley Bank might have just blown up a banking regulation that was put in place at the depths of the Great Depression
By Will DanielMarch 22, 2023
By Stan Choe and The Associated PressMarch 22, 2023
FinanceThe Fed hikes rates by a quarter of a point as it calls the banking system ‘sound and resilient’
By Christopher RugaberMarch 22, 2023
FinanceElizabeth Warren is so angry about the Fed that she just signed onto a Republican senator’s bill to create a new independent watchdog
By Jonnelle Marte and BloombergMarch 22, 2023
RegulatorsRon DeSantis proposed a bill to ban CBDCs. A trade policy professor calls that ‘a little ludicrous’
By Ben WeissMarch 22, 2023
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