Federal Reserve Bank of Kansas City
Some US banks vulnerable due to non-deposit funding, paper finds
Banks reliant on capital markets saw profits fall during tightening cycle, researchers say
People: July to September 2023
A round-up of central bankers in the news and on the move during the past three months
Monetary policy impacts innovation, says research
Paper presented at Jackson Hole conference finds tighter policy can cut long-term growth
Powell gives hawkish speech at Jackson Hole
Fed chair warns monetary policy could do too little or too much
Custodia opens for business without Fed master account
Wyoming digital assets bank is continuing legal action against the US central bank
Kansas City Fed names new president
Former bank chief executive Jeffrey Schmid takes over from Esther George
Bullard steps down as St Louis Fed president
FOMC hawk will become dean of Purdue Business School after 15 years leading regional Fed
Ex-Fed vice-chair Quarles linked to bank seeking master account
Quarles’s involvement recalls controversy over Sarah Bloom Raskin
Kansas City Fed warns slow wage growth could spur debt problems
Subprime auto debt back above pre-pandemic levels and consumer debt at highest level ever
Fed details Custodia rejection decision
Decision says Wyoming firm has deficient management and risky business model
Fed spurns Custodia a second time
Central bank again denies membership application from Wyoming crypto firm
Fed deals double blow to crypto bank
Wyoming-based Custodia turned down for Fed membership and master account
Mark-ups made up more than 50% of US inflation – Kansas City Fed
Rise in mark-ups may point to opportunistic pricing by firms
Law change set to make Fed reveal holders of master accounts
Amendment grew out of dispute between Republican senators and Kansas City Fed
Proportionality in bank regulation: striking the right balance
Careful analysis is required when making any proportionality adjustments in the EU single rule book
Liquidity dependence may hamper QE exit
Expanding reserves may prove perilous for financial stability, with maximum danger during QT, writes Viral Acharya
People: July to September 2022
A round-up of central bankers in the news and on the move during the past three months
Fed announces new guidelines after master account controversy
Rules will impose tight scrutiny on non-conventional applicants
Fed governors still talking tough on inflation
Lower inflation expectations and CPI come as positive signals for the path ahead
Rethinking regulation of the modern financial system
Rules need to address uncertainty in addition to risks, and should not be too complex
US senator attacks regional Fed over fintech firm’s payments access
Kansas City Fed president Esther George refuses to release correspondence about terminating account