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There will be no interest rate cuts by the Federal Reserve this year
14 Jan 2025 23:33 GMT
Forget about rate cuts this year. The Federal Reserve is not budging, no matter how much Wall Street begs for a break. Inflation is being stubborn, the labor market refuses to chill, and the government is racking up deficits like there’s no tomorrow.
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Federal Reserve Vice Chair Resigns Amid Looming Trump Tariffs, Experts Predicting Long-Term Inflation
14 Jan 2025 18:49 GMT
… S. Barr, the Federal Reserve Board Vice Chair for … to an announcement from the Federal Reserve.
Barr's … the president of the Minneapolis Federal Reserve, cautioned that if Donald … stresses in the banking system.
The Federal Reserve will pause major …
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Helena banker Laura Clark named to Federal Reserve Bank of Minneapolis’ board
14 Jan 2025 17:05 GMT
… Michigan, officials said Monday.
The Federal Reserve Bank of Minneapolis is one … , D.C., make up the Federal Reserve System, the nation’s central bank … national monetary policy, supervises numerous banking organizations, and provides payments services …
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Atlantic Union Bankshares Corporation and Sandy Spring Bancorp, Inc. Announce Receipt of Federal Reserve Approvals to Complete Mergers
13 Jan 2025 23:26 GMT
… Board of Governors of the Federal Reserve System, to complete the previously announced … of commercial and retail banking, mortgage, private banking, and trust services throughout … and other actions of the Federal Reserve Board and legislative and regulatory …
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Federal Reserve Board announces the designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2025
13 Jan 2025 15:09 GMT
The Federal Reserve Board on Monday announced the designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2025.
Each Reserve Bank has a nine-member board of directors. The Board of Governors in Washington appoints three of these …
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Which geographical markets should private banking be looking at in 2025?
13 Jan 2025 16:07 GMT
As the markets enter 2025, private banks are looking at where, literally, to put their money. China? The US? Emerging markets? Where is the best bet? PBI asks the experts.
Matthew Stanesby, head of collectives and James Davies, managing director, managers …
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Trump is not gonna be happy with the Federal Reserve when he gets back
11 Jan 2025 20:49 GMT
President Donald Trump doesn’t like to wait, and patience is exactly what the Federal Reserve is serving right now. After December’s strong jobs report, the Fed seems comfortable sitting tight, keeping interest rates steady instead of cutting them.
The …
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Asia FX treads water, dollar stalls ahead of CPI data
15 Jan 2025 06:12 GMT
Investing.com-- Most Asian currencies kept to a tight range on Wednesday, while the dollar pulled back from over two-year highs as traders awaited key consumer inflation data that is likely to factor into the outlook for interest rates.
Focus remained on …
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Asia stocks inch up tracking Wall Street, spotlight on key US inflation data
15 Jan 2025 05:02 GMT
Investing.com-- Most Asian stocks edged higher on Wednesday tracking overnight rise on Wall Street, but gains were limited as investors remained cautious ahead of key U.S. inflation data, particularly in light of the Federal Reserve's hawkish stance in …
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GIFT Nifty signals flat start, trades marginally higher at 23,306
15 Jan 2025 03:50 GMT
… to provide clarity on the Federal Reserve’s policy path ahead of … M Rajeshwar Rao, responsible for banking regulation, has been allocated the …