Articles by Riley Steward
Alberto Musalem becomes St Louis Fed president
Musalem will start on April 2 and be a voting member of FOMC in 2025
Heatwave cost Texas 1% of GDP in 2023, says Dallas Fed research
Higher temperatures have significant effects on productivity, but less on jobs, paper finds
CBDC features will have financial stability effects – Fed paper
Design choices could cut chance of bank runs and disintermediation, authors say
Treasuries market is robust, NY Fed officials tell conference
Financial markets need more data transparency, though
US cash usage may have hit its floor, says Boston Fed
Consumers prefer credit cards, the top payment method in 2022, for online payments
CBDCs could challenge foundations of monetary economics, says Tombini
BIS Americas chief thinks digital currencies could co-exist with other rapid payment systems
Fed holds rates steady again
Powell said the question the committee is asking is should it hike rates more
Fed proposes lowering permitted debit card fees
Proposal draws ire from Michelle Bowman and banking trade associations
How did Minneapolis become the first US city with 2% inflation?
Experts from the Minneapolis city government and Federal Reserve Bank stress housing options
Soma manager predicts transition success for US reserves
Roberto Perli said short-term funding markets will likely not see significant disruptions
Bond market turmoil could aid Fed policy, say FOMC members
Phillip Jefferson and Lorie Logan say financing points to strong economic momentum
Federal Reserve Board joins Instagram and Threads
Move to social media platforms follows those by regional Feds and other central banks
Bank of Canada researchers claim breakthrough in credentialisation
System’s creators use a Merkle tree to create “secret-free and quantum-safe” method
‘Buy now, pay later’ may target the financially fragile – NY Fed
Researchers warn sector may not be resilient
FOMC members express different views for policy path forward
Bowman and Kashkari expect further rate hikes but Daly is less certain
Policy-makers should shun ‘black box AIs’, Fed’s Cook warns
AI could displace jobs while raising productivity, Federal Reserve governor says
Federal Reserve holds rates and revises projections upwards
Powell says path for soft landing has “widened apparently”
Aruba accuses Curaçao of regulatory failings
Spat between central banks comes amid ongoing problems with troubled insurer Ennia
Fed officials signal slowing tightening cycle
Bostic and Harker indicate policy is restrictive enough to bring inflation to 2%
Bank of Canada holds rates steady amid political pressure
Regional heads send letter to governor Macklem calling for an end to rate hikes
Former Central Bank of Barbados governor calls for dollarisation
Caricom has failed to integrate the Caribbean, says DeLisle Worrell
Monetary policy impacts innovation, says research
Paper presented at Jackson Hole conference finds tightening can decrease R&D spending, cutting long-term growth
Powell gives hawkish speech at Jackson Hole
Fed chair warns monetary policy could do too little or too much
US wage expectations rising, says NY Fed labour market survey
Both lowest acceptable transitionary wage and expected salary hit series highs