Federal Reserve Bank
- All
- News
- Videos
-
Fed Rate Cut Shows Economy "Very Bad Or They're Playing Politics": Trump
Republican presidential candidate Donald Trump suggested the Federal Reserve was playing politics on Wednesday, after the US central bank announced a long-awaited interest rate cut of half a percentage point.
-
RBI Asks These 2 Banks To Stop Adding Customers To Co-Branded Credit Cards
India's central bank has asked South Indian Bank and Federal Bank to stop adding new customers to their co-branded credit cards, the lenders said in separate stock exchange filings on Wednesday.
-
RBI Extends Deadline For Paytm Unit Wind-Down To March 15
Paytm Payments Bank got a much-sought after extension from the Reserve Bank of India to wind down its operations on Friday, even as its overseas transactions are under the scanner of the federal financial crime fighting agency.
-
Bank Of England Holds Key Interest Rate At 5.25% After 14 Hikes
The Bank of England on Thursday held interest rates at 5.25 percent following a shock slowdown to UK inflation and one day after the US Federal Reserve also pressed pause.
-
Sensex Tanks 796 Points, Nifty Below 20,000 On Selling In HDFC Bank, RIL
Benchmark indices Sensex and Nifty tumbled more than 1 per cent today due to selling in index heavyweights in tandem with weak global trends ahead of the US Federal Reserve's interest rate decision.
-
Banks Must Obtain Written Non-Objection to Transact in Stablecoins, Says US Federal Reserve
State banks that are a member of the US Federal Reserve system should obtain a written supervisory nonobjection from the Fed before issuing, holding or transacting in dollar tokens used to facilitate payments, such as stablecoins, the central bank said in a new supervisory letter Tuesday.
-
Large Withdrawals by Crypto Whales Responsible for US Banking Crisis: Federal Reserve Bank of Chicago
The Federal Reserve Bank of Chicago has blamed the downfalls of BlockFi, Celsius, FTX, Genesis (in partnership with Gemini), and Voyager Digital major reasons behind the ongoing banking crisis in the US. Several crypto firms laid off staff members while the others filed for bankruptcy last year, leading to the outflows of large crypto investments.
-
US Fed Reserve Admits To Own Failure In Identifying Startup Bank Troubles
The US Federal Reserve called for greater banking oversight while admitting to its own failures in a widely-anticipated report published Friday into the collapse of Silicon Valley Bank (SVB) last month.
-
"Textbook Case Of Mismanagement": Top Official On Silicon Valley Bank
The collapse of Silicon Valley Bank (SVB) was a "textbook case of mismanagement" which requires tougher banking regulation, according to prepared remarks by a top Federal Reserve official.
-
US Stocks Slump After Fed Rate Hike, Concerns On Economy
Wall Street stocks slumped Wednesday as the US Federal Reserve continued hiking interest rates to fight inflation, while noting that banking sector turmoil could weigh on the economy.
-
Fed Raises Interest Rate, Says US Banking System Is "Sound And Resilient"
The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after the recent collapse of two U.S. banks.
-
US Fed Raises Key Interest Rate, Voices Banking Sector Concerns
The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation and averting further upheaval in the commercial banking sector.
-
Global Shares Jump But Financial System Uncertainties Limit Buying
Global shares leapt on Tuesday after the rescue of Credit Suisse stemmed a rout in equities and whetted risk appetite, although financial system uncertainties limited buying as investors awaited the outcome of a Federal Reserve meeting.
-
First Republic Leads Rise In Bank Stocks As Investors Focus On Fed Moves
Shares of U.S. regional lenders including battered First Republic Bank surged on Tuesday as fears of a wider banking crisis abated and investors turned their focus to the U.S. Federal Reserve's next move.
-
Sensex, Nifty Open Higher Ahead Of Fed Rate Decision
Shares opened higher on Wednesday, tracking a rise in global peers as concerns over banking eased further after the Credit Suisse rescue, while investors await the U.S. Federal Reserve rate decision later in the day.
-
Fed Rate Cut Shows Economy "Very Bad Or They're Playing Politics": Trump
Republican presidential candidate Donald Trump suggested the Federal Reserve was playing politics on Wednesday, after the US central bank announced a long-awaited interest rate cut of half a percentage point.
-
RBI Asks These 2 Banks To Stop Adding Customers To Co-Branded Credit Cards
India's central bank has asked South Indian Bank and Federal Bank to stop adding new customers to their co-branded credit cards, the lenders said in separate stock exchange filings on Wednesday.
-
RBI Extends Deadline For Paytm Unit Wind-Down To March 15
Paytm Payments Bank got a much-sought after extension from the Reserve Bank of India to wind down its operations on Friday, even as its overseas transactions are under the scanner of the federal financial crime fighting agency.
-
Bank Of England Holds Key Interest Rate At 5.25% After 14 Hikes
The Bank of England on Thursday held interest rates at 5.25 percent following a shock slowdown to UK inflation and one day after the US Federal Reserve also pressed pause.
-
Sensex Tanks 796 Points, Nifty Below 20,000 On Selling In HDFC Bank, RIL
Benchmark indices Sensex and Nifty tumbled more than 1 per cent today due to selling in index heavyweights in tandem with weak global trends ahead of the US Federal Reserve's interest rate decision.
-
Banks Must Obtain Written Non-Objection to Transact in Stablecoins, Says US Federal Reserve
State banks that are a member of the US Federal Reserve system should obtain a written supervisory nonobjection from the Fed before issuing, holding or transacting in dollar tokens used to facilitate payments, such as stablecoins, the central bank said in a new supervisory letter Tuesday.
-
Large Withdrawals by Crypto Whales Responsible for US Banking Crisis: Federal Reserve Bank of Chicago
The Federal Reserve Bank of Chicago has blamed the downfalls of BlockFi, Celsius, FTX, Genesis (in partnership with Gemini), and Voyager Digital major reasons behind the ongoing banking crisis in the US. Several crypto firms laid off staff members while the others filed for bankruptcy last year, leading to the outflows of large crypto investments.
-
US Fed Reserve Admits To Own Failure In Identifying Startup Bank Troubles
The US Federal Reserve called for greater banking oversight while admitting to its own failures in a widely-anticipated report published Friday into the collapse of Silicon Valley Bank (SVB) last month.
-
"Textbook Case Of Mismanagement": Top Official On Silicon Valley Bank
The collapse of Silicon Valley Bank (SVB) was a "textbook case of mismanagement" which requires tougher banking regulation, according to prepared remarks by a top Federal Reserve official.
-
US Stocks Slump After Fed Rate Hike, Concerns On Economy
Wall Street stocks slumped Wednesday as the US Federal Reserve continued hiking interest rates to fight inflation, while noting that banking sector turmoil could weigh on the economy.
-
Fed Raises Interest Rate, Says US Banking System Is "Sound And Resilient"
The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after the recent collapse of two U.S. banks.
-
US Fed Raises Key Interest Rate, Voices Banking Sector Concerns
The US Federal Reserve raised its benchmark lending rate on Wednesday, as it sought to strike a balance between curbing high inflation and averting further upheaval in the commercial banking sector.
-
Global Shares Jump But Financial System Uncertainties Limit Buying
Global shares leapt on Tuesday after the rescue of Credit Suisse stemmed a rout in equities and whetted risk appetite, although financial system uncertainties limited buying as investors awaited the outcome of a Federal Reserve meeting.
-
First Republic Leads Rise In Bank Stocks As Investors Focus On Fed Moves
Shares of U.S. regional lenders including battered First Republic Bank surged on Tuesday as fears of a wider banking crisis abated and investors turned their focus to the U.S. Federal Reserve's next move.
-
Sensex, Nifty Open Higher Ahead Of Fed Rate Decision
Shares opened higher on Wednesday, tracking a rise in global peers as concerns over banking eased further after the Credit Suisse rescue, while investors await the U.S. Federal Reserve rate decision later in the day.
