The likelihood of the Federal Reserve cutting rates is now in doubt with a central bank leader hinting a rate hike is likely to control inflation. In prepared remarks published today ahead of a speech before the Spring 2024 Meeting of the Shadow Open Market Committee,...
Switzerland caught the world’s economic observers by surprise when its central bank opted to cut interest rates, a first for a major Western economic power. The Financial Times reported the Swiss National Bank cut its headline rate by 25 basis points to 1.5%. Thomas...
For the fifth consecutive month, the Federal Reserve opted to hold interest rates in place. The central bank’s policy making Federal Open Market Committee voted unanimously to keep its benchmark overnight borrowing rate in a range between 5.25% and 5.5%, which is...
Travis Hill is vice chairman of the Federal Deposit Insurance Corporation (FDIC). This article is edited and adapted from a recent presentation at the Mercatus Center entitled “Banking’s Next Chapter? Remarks on Tokenization and Other Issues” As we consider the...
Economic advisers to former President Donald Trump’s re-election campaign have offered a shortlist of candidates to replace Jerome Powell as chairman of the Federal Reserve. The Wall Street Journal, sourcing its coverage from unnamed “people familiar with the matter,”...
Mainstay Raises $18 Million and Buys Truelist in Push Into Real Estate Brok…
