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WSJ’s Nick Timiraos and former Fed Vice Chairman Richard Clarida explain how much influence the White House has over the central bank. Photo Illustration: Rio Roye and Annie Zhao The Federal ...
President Donald Trump has called for the Fed to cut rates, but the central bank is in a tough spot. One-year inflation expectations are surging, while data doesn't yet indicate a cut is needed.
WSJ’s Nick Timiraos and former Fed Vice Chairman Richard Clarida explain how much influence the White House has over the central bank. Photo Illustration: Rio Roye and Annie Zhao The haphazard ...
The regional Fed bank said its global supply chain pressure index stood at -0.29 in April, versus a revised -0.17 in the prior month. The reading indicated lower-than-normal supply chain pressures ...
Fed Chair Jerome Powell said Wednesday that he has never asked for a meeting with any U.S. president—and never would. “There's never a reason for me to ask for a meeting. It's always been the ...
Provision coverage ratio stood strong at 75.37 per cent. Federal Bank remains a fundamentally sound mid-tier bank with consistent improvement in asset quality and deposit growth. However, near-term ...
Strong growth in non-interest income was counterbalanced by weak NII and higher opex which led to ~3% sequential de-growth in core operating profits for Federal bank. Lower provisions (one large ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. The top Democrats on congressional banking committees ...
President Donald Trump has called for the Fed to cut rates, but the central bank is in a tough spot. One-year inflation expectations are surging, while data doesn't yet indicate a cut is needed.
The Nifty Bank index has been underperforming the Indian stock market benchmark Nifty 50 for the last five sessions.(Pixabay) The Nifty Bank index has been underperforming the Indian stock market ...