Federal Reserve System
US FSOC zeroes in on climate change
Annual report warns “disorderly” policy changes raise the risk of “sudden and disruptive” effects
Fed doubles pace of quantitative easing taper
FOMC says recent inflation figures and labour market strength drove the decision
US inflation reaches new peak
CPI figure hits 6.8%, the highest rate in nearly four decades
Omarova ends bid for OCC job
Biden nominee faced Republican charges of radicalism and alienated some Democrats
Tackling surging inflation
Central banks around the world are grappling with rapid price rises, with some taking very different routes to one another
Quarles says Congress should rein in Fed funding
Former vice-chair for supervision calls for new body to wind down liquidity programmes
Powell: FOMC may accelerate taper
Fed will no longer refer to inflation as “transitory”
BIS and Fed launch New York ‘innovation centre’
Fed has mandate to “understand and, in some cases, manage” technological change, says Jerome Powell
Fed's monetary policy ‘spillbacks’ have significant effects – ECB paper
Researchers estimate how impact of Fed policy on foreign economies in turn affects US
US agencies conduct ‘policy sprints’ to tackle crypto risks
Approach modelled around “tech sprints” aims to get results quickly
Biden re-nominates Powell as Fed chair
Lael Brainard nominated as vice-chair, to take over from Richard Clarida
Riksbank opens review of board members’ stock holdings
Investigation will assess whether officials violated “rules of conduct”
Fed and ECB officials point to different policy directions
US officials see a rate hike in 2022 as increasingly likely, while eurozone governors rule that out
US records highest CPI inflation rise since 1990
NY Fed detects slight rise in short-term consumer inflation expectations as real wages fall
Fed warns of China debt risks
Financial Stability Report mainly optimistic about systemic health, including housing market
Quarles will resign from Fed board at end of year
Former vice-chair for supervision had 10 years left as governor
US adds more than half a million jobs in October
Unemployment falls to 4.6% as labour market perks up again
Fed’s gradual tightening could be boon for some, says Armenian governor
Central Asia faces inflation caused by enormous liquidity injected by advanced economies, says Galstyan
Fed pulls trigger on taper
Fed begins phasing out QE at initial rate of $15 billion per month
US regulators call for new stablecoin regulations
Working group wants issuers to be insured and regulated like banks
Senators introduce Fed ethics law
Democrats’ proposals would put board’s ethics rules on statutory footing and impose fines
Is Powell still on track for second term?
Despite scandals and vocal criticism, support still looks likely to outweigh opposition
Central banks sign up to Fed’s Fima facility
Reported usage is marginal, but backstop is highly valued by reserve managers
Fed board member says US community banks under threat
Michelle Bowman says smaller community institutions play vital role for ethnic minorities