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Showing 31 - 40 of 717 results for "The Federal Reserve"

Federal Reserve holds rates steady

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
Despite persistently high inflation, the Federal Reserve has chosen to keep the current target range for the federal funds rate at 5-5.25%. The Federal Open Market Committee (FOMC) opted to hold the funds rate steady, citing the need to assess additional ...

US default risk: Are credit default swaps signalling trouble?

ANDREW MCKEAN  |  WEDNESDAY, 17 MAY 2023
... with the debt ceiling currently not raised. Should the debt ceiling not be raised by the x-date, he forecast the Federal Reserve to prioritise interest and principal payments on federal securities. Moreover, contingency plans are in place to deal with ...

VanEck launches US bond ETF

CHLOE WALKER  |  MONDAY, 15 MAY 2023
... past 12 months short-term treasury bond yields have jumped following a series of interest rate hikes from the Federal Reserve. "Short-term treasury bond yields should continue to rise while inflation persists," Neiron said. "As TBIL comes to market short-term ...

US Federal Reserve hikes interest rates

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
... committed to bringing inflation back down to our 2% goal," Powell said. "Price stability is the responsibility of the Federal Reserve, without price stability the economy doesn't work for anyone. Without price stability we will not achieve a sustained ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... enough to stop it from sinking. The sale process follows the long-awaited review of SVB's collapse by the Federal Reserve. In its report, the Fed explained the bank's demise was down to poor management, regulation error and its own oversight. ...

Future Fund trumps market averages

ANDREW MCKEAN  |  FRIDAY, 28 APR 2023
... S&P500 (-7.7%). Future Fund Board of Guardians chair Peter Costello explained that as central banks, including the Federal Reserve and the Reserve Bank of Australia, raised interest rates in a bid to control inflation, investing conditions became increasingly ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... numerous business deposits originating from the same industry (technology) and region (US West Coast). As the Federal Reserve raised interest rates and funding costs surged, many tech start-ups that relied on Silicon Valley Bank struggled to secure funding ...

Global X debuts US corporate bond ETF

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... in the US, driven by events like the Silicon Valley Bank collapse and persistent interest rate hikes from the Federal Reserve. "... many investors are consequently looking to bonds as a safe haven," he said. "Only a month ago, US 12-month treasuries ...

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... aggressive fiscal policy since 2008, inflation has risen to the highest levels seen since the 1980s, with the Federal Reserve responding with close to 500 basis points in rate increases. This, he said, was the first domino to drop. "Bond markets were ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... and regulators are trying to understand what led to the second biggest bank crash in its history. Overnight the Federal Reserve board announced that vice chair for supervision Michael Barr is leading a review, of the supervision and regulation of SVB ...