Articles by Riley Steward
Trump calls for Fed governor Cook to resign
Federal Housing Finance Agency director accuses the governor of mortgage fraud
On the eve of the Fed’s framework review
Experts speak about the Fed’s monetary strategy review, including the role of flexible average IT and the need to better communicate policy trade-offs
Fed ends crypto and fintech supervision programme
“Novel activities” programme will be folded into normal supervisory processes
Barbados to launch instant payment system
Central bank says ‘revolutionary moment’ in country’s financial history will take place next March
Warren’s buffer plea is point-scoring, says expert
Professor attacks senator’s call for Fed to tighten bank regs, but echoes concerns about weak lenders
Experts split over wisdom of Mexico’s 25bp rates cut
Economist says policy committee’s sole dissenter was right to vote to hold
US’s gains from tariffs diminish when countries retaliate – study
Dallas Fed authors say negotiated settlements may be best for all concerned
US deposit insurance requires rethink, say experts
Dallas Fed study asks if current level is sufficient, while NYU professor argues for 100% coverage
Kugler’s resignation from Fed opens door for Trump, say experts
Governor’s departure could enable president to appoint “shadow chair” to further undermine Powell
Trump should not have fired head of stats bureau, say experts
Economists say dismissal undermines trust in official data, along with president’s arguments and democracy itself
Attempt to make FOMC meetings public is 'frivolous' – experts
Legal action by Trump ally, if successful, would hamper discussion, says ex-Fed official
Fed holds rates, despite pressure from White House
Experts say stance is in response to Trump’s trade policies and lament his attacks on central bank
Bank of Canada holds rates as core inflation heats up
Governor points to tariffs, but economist highlights “mystery” of core metric’s divergence from headline measure
US firms face up to $71bn of extra costs from tariffs – study
Authors say additional complexities mean findings are likely to be on the conservative end of costs
Sino-Egyptian collaboration could reshape global monetary order – expert
MoU provides further evidence of shift towards multipolar world, says professor
Will Fed’s HQ cost overruns be enough for Trump to fire Powell?
Chair’s defenders say administration wants to use renovations bill as pretext for his removal
Splits on FOMC are no bad thing, say experts
Former policy-makers say economic uncertainty means dissent over US rates path is inevitable
Brazil’s ‘biggest-ever’ heist highlights cyber security gaps
Experts say theft, targeting network linking small lenders to central bank, could have been prevented
SBP’s RTGS/CSD system has AI and sharia-compliant focus
Pakistani central bank’s tech provider explains functionality behind Prism+
Economists denounce Trump’s ‘bullying’ of Fed chair
Experts also back Powell’s assessment rates would probably be lower were it not for tariffs
Payments Benchmarks 2025 report – cross-border connections
Benchmarks highlight progress on instant payments, ISO 20022 adoption and bilateral links
Experts expect Fed to hold firm in face of Trump’s attacks
Economists believe FOMC will hold rates, despite White House’s calls for policy to be eased
Acting US currency comptroller defends pre-emption
Hood says principle is in line with federal law and court precedent
Supreme Court ruling raises storm clouds for Fed
Decision to allow dismissal of agency staff without cause poses risks to bank’s independence, say experts