You Searched For "Federal Reserve System" and got 17 results
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2 mins read
Fast cross-border payments to make it difficult to check money laundering, terror funding: Fed official
The US Fed official overseeing payment systems said slowing down the speed at which payments are cl…
PTI
2 mins read
What has changed for your credit cards, starting today?
Starting today, RBIs new rules mandate that all credit card transactions in the country be processe…
3 mins read
China's stock markets are partying like it's 2008, overwhelming systems
The euphoria was thanks to Beijing's big-bang stimulus announcement, that showed urgency and concer…
Huileng Tan
3 mins read
A new housing plan wants to give middle-class Americans the kind of support typically reserved for low-income households
The HOMES Act would cap rent at 25% of tenants' incomes, and offer homebuyers affordable mortgages.
Eliza Relman,Juliana Kaplan
1 min read
Rupee falls 8 paise to 82.74 against US dollar
The rupee depreciated by 8 paise to 82.74 against the US dollar in early trade on Friday, tracking …
PTI
2 mins read
There's a 'stealth erosion' in global US dollar reserves, but there's no dominant replacement yet
The share of the US dollar in global forex reserves fell from over 70% in 2000 to about 55% in the …
Huileng Tan
4 mins read
What is the federal funds rate?
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Fede…
Karen Fernandez
2 mins read
US Fed says it failed to take forceful action on Silicon Valley Bank
The US Federal Reserve said that it failed to act with "sufficient force and urgency" in its oversi…
1 min read
FTX's crash has sparked contagion throughout the crypto sector, but the Federal Reserve doesn't consider it a risk to the broader financial system
Minutes from the Federal Reserve's December meeting revealed that policymakers acknowledged the dow…
Phil Rosen
1 min read
Fear of financial crisis is keeping investors away from stock markets say experts
Both Indian stock exchanges - the BSE and the NSE - went down on Monday owing to the fear of contag…
3 mins read
Silicon Valley Bank depositors will have access to their money starting Monday: US Treasury Secretary
In a step aimed at protecting the US economy by strengthening public confidence in the country's ba…
PTI
1 min read
Wall Street lobbies are bashing the idea of a digital dollar from the Fed and say the move would drain money from the US banking system
Even if CBDC accounts were capped at $5,000 per user, they would drain in $720 billion in deposits,…
Brian Evans
2 mins read
Stablecoins could exist alongside a digital dollar as CBDCs could help secure global payments systems, Fed Vice Chair Lael Brainard says
A CBDC "could coexist with and be complementary to stablecoins and commercial bank money," Brainard…
Carla Mozée
2 mins read
Mark Cuban called on the Federal Reserve to step in and buy Silicon Valley Bank's debt 'to end the run'
The "Shark Tank" investor called on the central bank to buy the failed Silicon Vally lender's debt …
Ryan Hogg
3 mins read
Retail inflationary pressures expected to ease with fresh Kharif arrivals: Finance Ministry
On inflation, the report by the department of economic affairs said domestic prices of some food it…
ANI
1 min read
Treasury market liquidity crunch could derail the Federal Reserve's policy, New York Fed chief says
"If the Treasury market isn't functioning well, it can impede the transmission of monetary policy t…
Brian Evans
1 min read
Dow Jones tumbles 130 points, snaps a 4-day gaining streak as tech stocks struggle
Shares of major US tech giants such as Facebook, Apple, Amazon, Netflix and Google-parent Alph…