Credit Suisse It tried to shore up its liquidity and restore investor confidence on Thursday by borrowing up to $54 billion from the Swiss central bank, though the move offered only limited respite to global bank stocks. The Swiss bank is the first major world bank to be thrown an emergency lifeline since the 2008 […]
Tag: federal Reserve
US banking system is ‘solid’, says Yellen
The banking system of USA is strong despite the recent turmoil caused by the failure of three banks, including the iconic start-up financier Silicon Valley Bank (SVB) and the SignatureBankthe Treasury secretary said Thursday, Janet Yellen. Three consecutive bankruptcies in the banking sector in less than a week mark the worst bankruptcies since the 2008 […]
Moody’s downgrades the outlook for the US banking system to negative
The risk measurement agency Moody’s on Tuesday lowered its perspective on the entire banking system of USA from stable to negative, due to a “rapidly deteriorating operating environment.” “We have changed our outlook from stable to negativeivto on the US banking system to reflect the rapidly deteriorating operating environment following deposit withdrawals in Silicon Valley […]
US inflation slowed to 6.0% yoy in February
Inflation slowed down USA in February to 6.0% year-on-year, its lowest level in almost a year and a half, at a time when the fed (central bank), in charge of stopping the rise in prices, is against a rock and a hard place after the bankruptcy BLS. On a month-over-month basis, inflation fell to 0.4%, […]
Is the fear of inflation over? For and against rigid inflation
Two years after inflation began its rapid rise, investors, economists and policymakers remain divided on the path forward. Yes, headline inflation in major developed economies has receded from multi-decade highs, the inflationary impulses of COVID-19, such as the skyrocketing prices of used cars and semiconductors, are fading, and the gas crisis in Europe has subsided. […]
They fear inflation and high yields will turn US equities into “dead money”
The renewed hard-line stance of the Federal Reserve is prompting investors to consider how an interest rate regime could affect US equities “higher for longer”. Some believe that a long road awaits them. Although stocks have risen in periods when rates hovered around current levels, some investors worry that the combination of high bond yields […]
Powell warns that Fed interest rates could rise more than expected
The main guide rate of the Federal Reserve The US, which has been rising for a year to try to contain inflation, could continue to rise beyond 5.1%, the ceiling expected so far, the president of the central bank warned on Tuesday, Jerome Powell. “The latest economic data is stronger than expected, suggesting that the […]
Dollar accumulates fall of 0.94% so far this year
Down. The green ticket is around S/3.78. Setback is due to external factors, says expert. Despite the fact that social conflict continues in the country, in recent days the dollar has shown a downward trend. Thus, so far this year it has accumulated a decline of 0.94%. That is to say, it went from S/3.8200 […]
The Fed is ‘fully aware’ of the problems caused by inflation, according to a report
The Federal Reserve of USA is “fully conscious” of the challenges that inflation poses to the economy and is “firmly committed” with its target of 2% price increases, the central bank said on Friday in its latest semi-annual report to Congress on monetary policy and the economy. While largely a retrospective summary of economic developments […]
Fed officials debate between more hikes or longer after January inflation
The authorities of the Federal Reserve of USA They were divided on Wednesday on whether recent high inflation data and a stubbornly hot job market will call for further tightening of interest rates, or simply keeping monetary policy tighter for longer. At a business event, Minneapolis Fed President Neel Kashkari said he was leaning “to […]