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Crowdfund Insider1d
The Federal Reserve Bank of New York and BIS Research Examines Tokenized Wholesale Financial Markets
The Federal Reserve Bank of New York and the Bank for International Settlements (BIS) released a study on tokenized wholesale ...
As student loan default rate spikes, some borrowers face 'grave consequences,' New York Fed says
Millions of borrowers who are late on their student loan payments now face "grave consequences" as collection activity ...
Central bank project shows monetary policy still viable in 'tokenized' system
Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized ...
Federal Reserve will reduce staff by 10% in coming years, Powell memo says
The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred resignation to some older employees, central bank chair Jerome Powell said in a ...
AOL2d
When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
Voting FOMC members always include the president of the Federal Reserve Bank of New York and one each from the following four bank groups, based on a rotating schedule: Boston, Philadelphia and ...
New York Manufacturing Activity Contracts for a Third Month
New York state factory activity contracted in May for a third month while a gauge of prices paid for materials jumped to the ...
KSL3d
Student loan borrowing trouble surged in first quarter, NY Federal Reserve says
Student loan borrowers ran into trouble during the first quarter after the government lifted a long-running moratorium on ...
New York State Manufacturing Activity Proves Weaker Again — New York Fed
"Business activity continued to decline modestly in New York State in May. New orders and shipments increased after a decline last month, while supply availability worsened," said Richard Deitz of the ...
Reuters11d
New York Fed finds easing supply chain pressures in April
the New York Federal Reserve reported on Tuesday. The regional Fed bank said its global supply chain pressure index stood at ...
Why a former Fed chief says the China trade deal creates more problems for Powell and the central bank
Former Fed president Bill Dudley warned that the central bank risks mistiming interest rate cuts if the economy stumbles into ...
Powell Steers Fed Back to Pre-2020 Policy-Setting Framework; Bank of Mexico Makes Half-Point Rate Cut
Powell Steers Fed Back to Pre-2020 Policy-Setting Framework; Bank of Mexico Makes Half-Point Rate Cut By Vicky Ge Huang ...