North America
Fed risks president’s ire by holding rates
Experts say decision was obvious way to go, given US labour market and inflation figures
Fed pivots to material risk – but what is it, exactly?
Top US bank regulator will prioritise risks that matter most, but they could prove hard to pinpoint
Supreme Court appears sympathetic to Cook
Conservative judges lament the way governor’s removal was handled and risks to Fed independence
Beige Books show promise at predicting recessions – study
LLM data on Fed reports is more accurate at forecasting downturns than yield spread, authors find
Fed study sounds alarm over algorithmic rises in credit limits
Researchers say US lenders are extending too much credit to subprime borrowers
Ricardian equivalence does not hold in reality, study finds
Researchers say consumers do not fully plan ahead for expected tax liabilities
Fallout of criminal probe into Powell continues
Trump’s investigation faces backlash at home, in Congress and abroad
Goolsbee backs Powell and raises tariff concerns
Chicago Fed chief says tampering with independence increases inflation risks
Sticky fears about sticky inflation
Survey finds investors are not yet ready to declare victory on inflation – with good reason
Experts decry ‘show trial’ of Fed chair
Probe slammed as politically motivated attack on Powell for doing his job
New England is pocket of recession risk in US – Fed study
Researchers say overall threat of national downturn is low, but requires monitoring nevertheless
Central bank governors express ‘full solidarity’ with Powell
Lagarde and Bailey among signatories of statement in wake of Department of Justice investigation
Collateral velocity is disappearing behind a digital curtain
Dealers may welcome digital-era rewiring to free up collateral movement, but tokenisation will obscure metrics
Banxico signals slowdown to rate cuts as inflation falls
Latest figures show non-core metric lies within Mexican central bank’s acceptable band
Richmond Fed president leaves policy path open in 2026
Barkin says consumer sentiment is still negative, despite US economy’s resilience
Yellen warns of fiscal dominance at the Fed
Former chair joins economists in sounding alarm over central bank’s response in event of debt crisis
Bowman’s Fed may limp on by after cuts
New vice-chair seeks efficiency, but staff clear-out could hamper functions, say former regulators
US ‘bearing large share’ of tariff costs – NBER paper
Authors find pass-through is nearly 100% and is reshaping how country trades
Philly Fed president says rate cuts could come late in 2026
Paulson points to variety of factors hampering US labour market
Federal funds rate is not optimal, study warns
Dallas Fed research says transmission to other markets has deteriorated in recent months