Bloomberg Retracts Incorrect Story on Fed’s Climate Program
Six major U.S. banks won't be required to make submissions for the Fed's Climate Scenario Analysis Exercise because that program's been shut down, sources say.
Federal Reserve Releases Its Wall Street Bank Stress-Test Plans
The Federal Reserve released hypothetical scenarios for its annual stress tests, which seek to evaluate the resilience of big banks and ensure they can keep lending even in a severe recession.
Fed’s Waller Says Stablecoins Could Back Dollar’s Reserve Status
Federal Reserve Governor Christopher Waller said he’s supportive of stablecoins because they are likely to propagate the ...
Kugler Says Fed Should Keep Rates on Hold for ‘Some Time’
Federal Reserve Governor Adriana Kugler said it’s appropriate to keep the Fed’s benchmark interest rate where it is for some ...
The Growing Threat to America’s Booming Economy
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
The Fed is likely to hold interest rates steady as Trump calls for cuts
This story incorporates reporting from ABC, Bloomberg L.P. and The Mountaineer.The Federal Reserve is anticipated to sustain its current interest rates, putting it potentially at odds with President ...
Fed ending bank climate stress test program, Bloomberg reports
The Federal Reserve is ending its program that requires the largest U.S. banks to submit data for climate stress tests, Bloomberg’s Alastair ...
Fed to Hold Rates Steady and Brace for Trump
Federal Reserve officials are expected to leave interest rates steady this week, giving themselves more time to lower ...
Fed ends climate stress tests for major US banks - Bloomberg
The Federal Reserve has informed Wall Street banks that they will not be required to participate in climate stress tests, according to Bloomberg News. The decision affects lenders such as JPMorgan ...
Trump Says Fed Made the Right Call Last Week to Pause Rate Cuts
US President Donald Trump said the Federal Reserve was right to pause its rate-cutting path in its decision last week, a ...