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166 Results found for central bank

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Elon Musk balked at remarks from the Biden administration that diversity would play an important role in the appointment of the next vice chair of the Federal Reserve.
Elon Musk balked at remarks from the Biden administration that diversity would play an important role in the appointment of the next vice chair of the Federal Reserve.
 
Congressional Budget Office Director Phillip Swagel revealed on Wednesday that the federal government could “run out of funds” between July and September.
Congressional Budget Office Director Phillip Swagel revealed on Wednesday that the federal government could “run out of funds” between July and September.
 
The Consumer Price Index rose 6.4% between January 2022 and January 2023 as price pressure from household staples such as food and shelter remains elevated, according to a report from the Bureau of Labor Statistics.
The Consumer Price Index rose 6.4% between January 2022 and January 2023 as price pressure from household staples such as food and shelter remains elevated, according to a report from the Bureau of Labor Statistics.
 
Former White House COVID advisor Dr. Anthony Fauci, who at one time was the highest-paid employee of the federal government, was blasted after it was revealed that he is receiving as much as $100,000 for speaking engagements since he retired.
Former White House COVID advisor Dr. Anthony Fauci, who at one time was the highest-paid employee of the federal government, was blasted after it was revealed that he is receiving as much as $100,000 for speaking engagements since he retired.
 
Unemployment fell in January as the number of new jobs drastically exceeded analysts’ forecasts, according to data from the Bureau of Labor Statistics released Friday.
Unemployment fell in January as the number of new jobs drastically exceeded analysts’ forecasts, according to data from the Bureau of Labor Statistics released Friday.
 
Google announced plans to dismiss thousands of employees days after the White House dismissed concerns about the layoffs sweeping the technology sector.
Google announced plans to dismiss thousands of employees days after the White House dismissed concerns about the layoffs sweeping the technology sector.
 
Lawmakers, business leaders, and academics participating in the World Economic Forum will descend upon the small ski town of Davos, Switzerland, this week to discuss a variety of policy proposals that entail greater coordination between government and corporate actors.
Lawmakers, business leaders, and academics participating in the World Economic Forum will descend upon the small ski town of Davos, Switzerland, this week to discuss a variety of policy proposals that entail greater coordination between government and corporate actors.
 
European Central Bank Executive Board Member Isabel Schnabel contended that monetary policy should be used to accelerate the “green transition” as Federal Reserve Chair Jerome Powell asserted the opposite.
European Central Bank Executive Board Member Isabel Schnabel contended that monetary policy should be used to accelerate the “green transition” as Federal Reserve Chair Jerome Powell asserted the opposite.
 
Federal Reserve Chair Jerome Powell said that the central bank will refrain from advancing social policy, especially with respect to climate change.
Federal Reserve Chair Jerome Powell said that the central bank will refrain from advancing social policy, especially with respect to climate change.
 
Regulators advised banks and other financial institutions to avoid cryptocurrencies, a warning that comes after the implosion of digital asset company FTX and deliberations over a possible central bank digital currency in the United States.
Regulators advised banks and other financial institutions to avoid cryptocurrencies, a warning that comes after the implosion of digital asset company FTX and deliberations over a possible central bank digital currency in the United States.
 
Various polls show that economists generally expect a recession this year, although there is no consensus among leading analysts.
Various polls show that economists generally expect a recession this year, although there is no consensus among leading analysts.
 
Families of four with neither parent working can receive welfare benefits worth in excess of six figures per year in Washington, Massachusetts, and New Jersey, according to a study from the Committee to Unleash Prosperity.
Families of four with neither parent working can receive welfare benefits worth in excess of six figures per year in Washington, Massachusetts, and New Jersey, according to a study from the Committee to Unleash Prosperity.
 
Institutional investors are more concerned with stagflation than a recession next year, according to a survey conducted by Natixis.
Institutional investors are more concerned with stagflation than a recession next year, according to a survey conducted by Natixis.
 
Sen. Elizabeth Warren (D-MA) and Sen. Tina Smith (D-NM) asked the Federal Reserve to examine the banking system’s exposure to cryptocurrencies amid continued fallout from defunct company FTX.
Sen. Elizabeth Warren (D-MA) and Sen. Tina Smith (D-NM) asked the Federal Reserve to examine the banking system’s exposure to cryptocurrencies amid continued fallout from defunct company FTX.
 
JPMorgan Chase CEO Jamie Dimon predicted that robust consumer spending may run dry toward the middle of next year.
JPMorgan Chase CEO Jamie Dimon predicted that robust consumer spending may run dry toward the middle of next year.
 
Unemployment remained historically low in November as the number of new jobs soared past economists’ forecasts, according to data from the Bureau of Labor Statistics released Friday.
Unemployment remained historically low in November as the number of new jobs soared past economists’ forecasts, according to data from the Bureau of Labor Statistics released Friday.
 
American retail expenditures declined 0.6% between October and November, according to data released on Thursday by the Census Bureau.
American retail expenditures declined 0.6% between October and November, according to data released on Thursday by the Census Bureau.
 
The Consumer Price Index (CPI) rose 7.1% between November 2021 and November 2022, according to a Tuesday report from the Bureau of Labor Statistics, showing that inflation has continued to slow amid harsh contractionary policy from the Federal Reserve.
The Consumer Price Index (CPI) rose 7.1% between November 2021 and November 2022, according to a Tuesday report from the Bureau of Labor Statistics, showing that inflation has continued to slow amid harsh contractionary policy from the Federal Reserve.
 
The Consumer Price Index (CPI) rose 7.7% between October 2021 and October 2022, according to a Thursday report from the Bureau of Labor Statistics, showing that inflation has begun to slow amid harsh contractionary policy from the Federal Reserve.
The Consumer Price Index (CPI) rose 7.7% between October 2021 and October 2022, according to a Thursday report from the Bureau of Labor Statistics, showing that inflation has begun to slow amid harsh contractionary policy from the Federal Reserve.
 
Reality of an economic downturn for 2023 becomes more difficult to ignore, but North Carolina looks good
Reality of an economic downturn for 2023 becomes more difficult to ignore, but North Carolina looks good
 
Strive Asset Management executive chairman Vivek Ramaswamy balked at the possibility of a “central bank digital currency” in the United States during an interview with Fox News host Tucker Carlson.
Strive Asset Management executive chairman Vivek Ramaswamy balked at the possibility of a “central bank digital currency” in the United States during an interview with Fox News host Tucker Carlson.
 
Two of the major players in the financial industry warned that the U.S. is on the verge of a recession and that the Federal Reserve might well raise the interest rate from its current 3-3.25% all the way to 4.5-4.75%.
Two of the major players in the financial industry warned that the U.S. is on the verge of a recession and that the Federal Reserve might well raise the interest rate from its current 3-3.25% all the way to 4.5-4.75%.
 
Corporate leaders have lackluster expectations for the new year as macroeconomic headwinds continue, according to data from Business Roundtable’s CEO Economic Outlook Survey.
Corporate leaders have lackluster expectations for the new year as macroeconomic headwinds continue, according to data from Business Roundtable’s CEO Economic Outlook Survey.
 
Federal Reserve Chair Jerome Powell remarked during a Wednesday speech that central bankers will likely slow their implementation of contractionary monetary policy this month.
Federal Reserve Chair Jerome Powell remarked during a Wednesday speech that central bankers will likely slow their implementation of contractionary monetary policy this month.
 
Home prices are falling at a record pace, according to data from S&P Global released Tuesday.
Home prices are falling at a record pace, according to data from S&P Global released Tuesday.
 
Read this when you have some time to put into it
The Federal Reserve Bank of New York began a simulated digital currency initiative on Tuesday alongside multiple major banks as the cryptocurrency sector descends into chaos.
The Federal Reserve Bank of New York began a simulated digital currency initiative on Tuesday alongside multiple major banks as the cryptocurrency sector descends into chaos.
 
Amazon founder Jeff Bezos warned on Tuesday that the economy is headed for choppy waters.
Amazon founder Jeff Bezos warned on Tuesday that the economy is headed for choppy waters.
 
The unemployment rate reached 3.7% in the month of October as payrolls rose by 261,000, according to a Friday report from the Bureau of Labor Statistics.
The unemployment rate reached 3.7% in the month of October as payrolls rose by 261,000, according to a Friday report from the Bureau of Labor Statistics.
 
Ocean logistics companies are canceling orders amid declines in worldwide consumer demand, according to a Monday report from CNBC.
Ocean logistics companies are canceling orders amid declines in worldwide consumer demand, according to a Monday report from CNBC.
 
Markets are worried that Swiss investment bank Credit Suisse is poised for bankruptcy.
 
Sentiment among homebuilders plummeted for the tenth consecutive month as traffic for prospective buyers neared the lowest level in a decade, according to a report from the National Association of Home Builders released on Tuesday.
Sentiment among homebuilders plummeted for the tenth consecutive month as traffic for prospective buyers neared the lowest level in a decade, according to a report from the National Association of Home Builders released on Tuesday.
 
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