Browsing: Feds

BoC Deputy Governor Gravelle says Canadian financial institutions should not worry about using standard liquidity facility for overnight liquidity

Fed’s Musalem (2028 voter) says the economy is very strong now, but predicated on continued growth; right now AI capex boom is resulting in demand pressure, with productivity and supply relief not yet apparent

Governance of the central bank’s information security program and enforcement of controls lack clarity, resulting in a 2024 incident “remaining unresolved for over a year,” an OIG report said.

New York Federal Reserve Bank President John Williams said at an Oxford University panel on Friday that the Fed cannot ignore persistent supply shocks, which he said are keeping price pressures elevated even if tariffs and higher energy costs do not lead to sustainable inflation. He added that the labour market is not currently are…

Federal prosecutors in New York City have reportedly opened an investigationinto Jeffrey Epstein’s longtime lawyer and accountant, the two men who now manage his estate.

WASHINGTON, Sept 18 (Reuters) – The Federal Reserve’s top regulatory official said on Friday the US central bank will soon finalize an overhaul of its “stress test” of big banks to make the ‌process more transparent and the results more predictable for lenders, handing the industry long-sought reforms to ‌the exam process.