United States
Understanding the Fed’s proposed reserves tool
The FOMC hinted at a tool for cutting reserves demand at its last meeting – the question is, why?
Fed proposes new rules for determining company control of banks
Proposal aims to “reduce regulatory burden”, Powell says
Trump administration remains committed to Moore nomination
Candidate’s many controversies are not yet enough to derail his Fed nomination; Greenspan shares insights from governor appointments during his term
Trump’s tariffs aren’t hurting eurozone yet, says ECB
Economists warn of danger to US in escalating trade war
Eurozone needs central stabilisation fund to secure fiscal stability – ECB research
Unlike other monetary unions, the region’s federal budget plays a very limited role
Higher EU corporate bond spreads in 2018 unrelated to ECB policy – research
Global trade disputes played a bigger role than the end of the European asset purchase programme
New York Fed launches new regional website
New design offers more convenient access to data, events and locally-focused research; data highlights sharply differing outcomes across regions
Cain withdraws candidacy for Fed governorship
Trump’s pick faced widespread opposition due to partisan views aligned with the White House
Fed proposes leverage ratio exemption for custody banks
Latest regulatory easing proposal would see custodians gain exemption for some assets
NY Fed official sketches key factors for balance sheet plans
Fed’s nominal securities purchases may be higher than before crisis, official says
Equity market uncertainty can reduce real GDP – researcher
Equity market volatility in Q4 2018 could reduce the policy rate path by 50bp, says researcher
US imposes sanctions on Venezuelan central bank
Trump administration attempts to close one of Maduro regime’s last sources of external financing
‘They could do nothing’: insights into political interference at the Fed
Interviews with former Fed chiefs reveal what it is like to be chair when politicians want their way
Fed should target inflation range – Boston president
Policy is similar to price level and inflation averaging targets, but is easier to explain, Rosengren says
Consensus over Fed inflation target shifted during Great Recession – San Fran Fed
Up until the 2008 crisis, most FOMC participants preferred a 1.5% target, researchers find
St Louis Fed creates educational ‘multiplier effect’
Head of economic education at the St Louis Fed talks to Central Banking about its approach to financial inclusion
Draghi expresses concern over Fed independence
ECB governor says he is “especially” worried by events in US
Fintech firms could encourage regulatory risk management update – Fed’s Bowman
Some regulations may need to be changed to ensure community banks can access third-party products
Finding our way to the new Ibors
Richard Heckinger highlights possible pitfalls on the road to new reference rates
Powell asserts independence in speech to US lawmakers
Fed chairman says US must maintain global leadership
Cain may not be able to pass US Senate hearings
Herman Cain likely to be rejected, but Stephen Moore’s chances still unclear
FOMC’s normalisation ‘largely successful’, St Louis Fed president says
Fed must “tread carefully” though, as inflation and yield curves offer challenges, Bullard says
The IFF China Report 2019: Redesigning the international trading and monetary system
Reform of the financial system that brought about the 2007–08 financial crisis has not gone far enough and advanced and emerging market economies must find a more co-operative way forward to ensure globalisation can continue.
Fed still open to rate hike this year
Lower for longer interest rates could lead to greater financial stability risks, FOMC members say