Federal Reserve’s Jefferson says he considers Powell to be ‘of the highest integrity’
US Federal Reserve Vice Chair Philip Jefferson, responding to the Department of Justice subpoena of Fed Chair Jerome Powell, said ...
Tag: Reserves
US oil companies gain after Trump signals access to Venezuela’s reserves
US OIL companies’ shares closed higher on Monday, fuelled by the prospect of access to Venezuela’s vast oil reserves after President Donald Trump ...
Alleged terrorist released from Canadian Army reserves just days before flying to Israel
Zachareah Quraishi of Airdrie, Alta., was released from the Canadian Armed Forces reserves on July 10, last summer. Within 12 ...
Federal Reserve’s Barr says AI will transform economies though outcomes vary
FEDERAL Reserve Governor Michael Barr said although artificial intelligence will transform economies, there are a range of outcomes as to ...
Federal Reserve’s Hammack says inflation a bigger concern than labour market
FEDERAL Reserve Bank of Cleveland President Beth Hammack said monetary policy should continue putting downward pressure on inflation, which she ...
US bank reserves fall second week, extend drop below US$3 trillion
The drop comes as the Treasury has ramped up debt issuance to rebuild its cash balance following the increase in ...
Central banks seen holding Bitcoin, gold as key reserves by 2030, Deutsche Bank says
Central banks may hold significant amounts of Bitcoin and gold by 2030, thanks to growing institutional popularity and a weakening ...
Federal Reserve’s Miran wants aggressive rate cuts but downplays differences with other officials
FEDERAL Reserve Governor Stephen Miran on Friday again pressed for an aggressive path of rate cuts citing the impact of ...
Federal Reserve’s Waller sees rate cuts over next 3-6 months, starting in September
FEDERAL Reserve Governor Christopher Waller on Thursday stepped up his call for cutting short-term US borrowing costs, saying he would ...
Federal Reserve’s Waller sees rate cuts over next 3-6 months, starting in September
US FEDERAL Reserve governor Christopher Waller has stepped up his call for cutting short-term US borrowing costs, saying he would ...
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