World Economy Latest: All Eyes on Fed Chief Powell in Jackson Hole

World Economy Latest: All Eyes on Fed Chief Powell in Jackson Hole

The Circuit Hosted by high-profile journalist Emily Chang, The Circuit is a fast-paced, dynamic series that lives at the intersection of culture, tech, entertainment, and business. Every week, Chang will go on location to meet the world’s most fascinating founders, influencers, and innovators, conducting intimate interviews and bringing audiences behind the scenes of the most … Read more

A Soft Landing in 2023 Doesn’t Imply the Eventual Landing Will Be Soft

A Soft Landing in 2023 Doesn’t Imply the Eventual Landing Will Be Soft

All the chatter of late is about the US avoiding a recession altogether. On the surface that seems like a positive outcome. But when you consider the implications of a ‘no landing’ scenario, it becomes less appealing because of the risk that a decent recovery turns into an overheated economy and market. It’s a recipe … Read more

Federal Reserve, FDIC Tells US Banks to Step up Contingency Funding Plans

Federal Reserve, FDIC Tells US Banks to Step up Contingency Funding Plans

US lenders should review plans for their funding needs to make sure they have access to a range of liquidity sources during times of stress, according to top banking regulators. Banks should maintain “actionable” contingency plans and focus on liquidity risk management, agencies including the Federal Reserve and the Federal Deposit Insurance Corp. said Friday … Read more

Federal Funds Market Show Signs of Stress in US Banking System

Federal Funds Market Show Signs of Stress in US Banking System

Borrowing activity in the federal funds market is signaling that stress in the US banking system hasn’t fully gone away. Although a decline in total volume suggests the overall need for excess cash has lessened, the spread between what borrowers at the highest percentile of the daily fed funds distribution have to pay and those … Read more

US Stock Market Investors May Want ‘Crash Protection’

US Stock Market Investors May Want ‘Crash Protection’

As we await today’s Federal Reserve minutes, the mood on the set of Surveillance was decidedly wary. Coming back from the July 4 holiday, market participants are counting on gleaning insights from the discussions that resulted in the FOMC holding rates at their June 14 decision, after 10 consecutive moves higher. Source link