Tag Archives: Fed

When Will Interest Rates Rise? Fed Chair Says ‘No Time Soon’

When Will Interest Rates Rise? Fed Chair Says ‘No Time Soon’

When Will Interest Rates Rise? Fed Chair Says ‘No Time Soon’ When Will Interest Rates Rise? Fed Chair Says ‘No Time Soon’ “They’re committed to ensuring that there is not another taper tantrum,” said Subadra Rajappa, head of U.S. rates strategy at Société Générale. The goal in reinforcing low rates and a steady course for asset purchases, she added, is …

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The books to look out for in 2021: From Snow Country to Milk Fed

<p>Kazuo Ishiguro will release his first novel since wining the 2017 Nobel Prize in Literature</p>

The books to look out for in 2021: From Snow Country to Milk Fed The books to look out for in 2021: From Snow Country to Milk Fed P leasure is found first in anticipation, later in memory,” wrote Julian Barnes. Although he was joking about Gustave Flaubert’s carnal desires, Barnes could easily have been describing the sweet sense of …

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The Year the Fed Changed Forever

The Year the Fed Changed Forever

The Year the Fed Changed Forever The Year the Fed Changed Forever WASHINGTON — As Jerome H. Powell, the Federal Reserve chair, rang in 2020 in Florida, where he was celebrating his son’s wedding, his work life seemed to be entering a period of relative calm. President Trump’s public attacks on the central bank had eased up after 18 months …

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What Is 13-3? Why a Debate Over the Fed Is Holding Up Stimulus Talks

What Is 13-3? Why a Debate Over the Fed Is Holding Up Stimulus Talks

What Is 13-3? Why a Debate Over the Fed Is Holding Up Stimulus Talks What Is 13-3? Why a Debate Over the Fed Is Holding Up Stimulus Talks As markets melted down in March, the Federal Reserve unveiled novel programs meant to keep credit flowing to states, medium-sized businesses and big companies — and Congress handed Treasury Secretary Steven Mnuchin …

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Banks Can Resume Buybacks and Pay Dividends if They’re Profitable, Fed Says

Banks Can Resume Buybacks and Pay Dividends if They’re Profitable, Fed Says

Banks Can Resume Buybacks and Pay Dividends if They’re Profitable, Fed Says Banks Can Resume Buybacks and Pay Dividends if They’re Profitable, Fed Says The Federal Reserve on Friday said that the financial system’s biggest banks had the wherewithal to withstand a severe economic shock from the pandemic, and that they would be able to return more money to shareholders …

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Mnuchin Cites Principles in Clawing Back Fed Money. Democrats See Politics.

Mnuchin Cites Principles in Clawing Back Fed Money. Democrats See Politics.

Mnuchin Cites Principles in Clawing Back Fed Money. Democrats See Politics. Mnuchin Cites Principles in Clawing Back Fed Money. Democrats See Politics. WASHINGTON — Treasury Secretary Steven Mnuchin broke sharply with the Federal Reserve this week, choosing to end a variety of programs aimed at helping markets, businesses and municipalities weather the pandemic and asking the central bank to return …

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Gianni Bernardinello, Baker Who Fed Neighbors Amid Pandemic, Dies at 76

Gianni Bernardinello, Baker Who Fed Neighbors Amid Pandemic, Dies at 76

Gianni Bernardinello, Baker Who Fed Neighbors Amid Pandemic, Dies at 76 Gianni Bernardinello, Baker Who Fed Neighbors Amid Pandemic, Dies at 76 This obituary is part of a series about people who have died in the coronavirus pandemic. Read about others here. When the first wave of the coronavirus pandemic and its economic fallout came crashing down on the north …

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Mnuchin Defends Decision to End Emergency Fed Funds: Live Updates

“Congress trusted us with this money and we’re going to follow the law,” Treasury Secretary Steven Mnuchin said on CNBC.

Mnuchin Defends Decision to End Emergency Fed Funds: Live Updates Mnuchin Defends Decision to End Emergency Fed Funds: Live Updates Here’s what you need to know: “Congress trusted us with this money and we’re going to follow the law,” Treasury Secretary Steven Mnuchin said on CNBC. Credit…J. Scott Applewhite/Associated Press Treasury Secretary Steven Mnuchin defended his decision not to extend …

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Mnuchin Plans to End Some Emergency Fed Facilities

Mnuchin Plans to End Some Emergency Fed Facilities

Mnuchin Plans to End Some Emergency Fed Facilities Mnuchin Plans to End Some Emergency Fed Facilities WASHINGTON — Treasury Secretary Steven Mnuchin said he does not plan to extend several key emergency lending programs beyond the end of the year and asked the Federal Reserve to return the money supporting them, a decision that could hinder President-elect Joseph R. Biden …

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Fed Holds Rates Steady and Signals Continued Wariness

Fed Holds Rates Steady and Signals Continued Wariness

Fed Holds Rates Steady and Signals Continued Wariness Fed Holds Rates Steady and Signals Continued Wariness WASHINGTON — Federal Reserve officials made only minor adjustments to their policy statement Thursday, leaving rates unchanged and pledging to act as needed to protect the economy and sustain its recovery from the depths of the pandemic-spurred recession. “Economic activity and employment have continued …

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