Federal Reserve

Five Large US Banks Do Not Have Sufficient Plan for Crisis Due to Lack of Information

GAO suggested financial regulators to disclose more information on their crisis policy framework. While five large banks do not have enough plan to manage operation during crisis.

San Fransisco and Dallas Fed President Expected to See Interest Rate Hike Soon

Two other Fed presidents suggested the US central bank to raise interest rate. San Fransisco's John Williams said two or three rate hike in 2016 is reasonable. While Dallas' Rob Kaplan reminded to be patient.

North Korean Nuke Testing and Oil Price Fall Plunges Dow Jones in First Week of 2016

Rising global concerns in first week 2016 including North Korean nuke testing, fall in oil prices, sluggishness of Chinese economy, middle east tension, reservation by Federal Reserve to raise interest rates plunged Dow Jones. Markets in Europe and Asia fell as well.

Loretta Mester Backed U.S. Rate Hike as A Prudent Step

Loretta Mester, president of Federal Reserve Bank of Cleveland prefer a more aggressive approach to rate hike. Federal Reserve Bank increased interest rate for the first time in nine years last December.

What Happens To Student Loans When the Fed Raises Rates

The Federal Reserve increase in interest rates will not have any dramatic changes on student loans interest rates, but it depends on the market benchmark rate.

Major U.S. Banks Raise Prime Rates After Federal Reserve Hike

Major U.S. banks raised their prime rates, a benchmark for a wide range of consumer and commercial loans, for the first time since 2006 on Wednesday, following a rate hike from the Federal Reserve. While the Fed has no direct influence on the prime rate, it is typically closely correlated to changes in the target federal funds rate.

Asian stock markets boosted after U.S. jobs report

Asian stock markets traded higher after the US jobs report suggested the likelihood of the Federal Reserve to rise interest rates in next week. Stock benchmark traded higher in Japan, China, South Korea, Singapore, Taiwan, Philippines, and Indonesia.

US Jobs Stable, But is the US Economy Ready for Faster Rate Hikes?

Becuase of promising data on the state of jobs in the US, the Federal Reserve will likely increase interest rates, but still only has skeptical answers to questions about the future.

Fed adopts new rules to end 'too big to fail' notion on troubled banks

The Federal Reserve adopted new measures that would limit its ability to bail out big banks that are in trouble, which essentially means the government has to come to their rescue whenever they face crisis.

Federal Reserve President William Dudley warns of higher possibility for rate hike

New York Federal Reserve President William Dudley signals that a Fed rate hike by December is most likely going to happen.

Pound Fell Against Dollar Before Fed Speakers Could Impose Rate Hike

The pound fell for the first time in four days against the dollar amid speculation.

Two Fed officials say rate hike likely next month

Fed Chairperson Janet Yellen and another senior official of the central bank see interest rates going up next month. But they say that will depend upon incoming economic data.

Fed wants to shield taxpayers when banks go down

US banks will be required to hold enough debt that could be converted into equity if they were to falter soon. This according to a Fed rule that was approved by a unanimous vote on Friday.

Fed keeps interest rates near zero, but hints of increase by mid-December

The Federal Reserve kept interest rates near zero last Wednesday after a two-day meeting, but said that it considers increasing it in their final meeting this year in mid-December.

It's time for rate hikes - Fed officials

More and more Fed officials are encouraging starting the interest rate hikes to keep up with the looming inflation rate increases due to the economic growth.

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