You Searched For "boston federal reserve" and got 20 results
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7 mins read
3 couples who recently got mortgage interest rates under 3% share how they did it
The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and co…
Alcynna Lloyd
2 mins read
Blame monopolies for today's sky-high inflation, Boston Fed researchers say
Weaker competition amplified the inflationary impacts of the labor shortage, supply-chain problems,…
Ben Winck
3 mins read
Two Fed presidents should be fired for trading stocks while in office, advocacy groups say
Since the Fed polices Wall Street banks, it needs to "lead by example" and fire the officials who t…
Ben Winck
2 mins read
The Boston Fed and MIT publish long-awaited research on central bank digital currencies
The 35-page white paper was borne out of a joint initiative announced in 2020 that aimed to explore…
Isabelle Lee
1 min read
Fed presidents dump shares and apologize for the 'appearance' of conflicts of interest after big trades in companies like Apple and Tesla
"Doing things like this, although not prohibited by the rules, shows poor judgment and really hurts…
Ethan Wu
2 mins read
Boston Fed president Eric Rosengren says more research is needed before the US launches a central bank digital currency
While the central bank acknowledges the advantages of CBDCs, the Fed's Eric Rosengren said they can…
Isabelle Lee
3 mins read
Vocal critics of the US pandemic response are emerging: central bankers
On Wednesday alone, 3 regional Federal Reserve presidents said the poor federal response to the cor…
Taylor Borden
2 mins read
Rock-bottom interest rates before the pandemic made the coronavirus recession worse, Fed's Rosengren says
A build-up of risk in the low-rate environment "will make economic recovery from the pandemic more …
Ben Winck
1 min read
The Fed's Main Street Lending Program is now open and encouraging banks to start making loans
Lenders can find registration documents on the program site and "are encouraged to begin making Mai…
Carmen Reinicke
2 mins read
The Fed begins purchases of up to $250 billion in individual corporate bonds
The central bank will create a portfolio "based on a broad, diversified market index of US corporat…
Ben Winck
2 mins read
Boston Fed Chief Eric Rosengren blames Wall Street for slowing small-business recovery efforts — and warns that sluggish stimulus progress could cripple the economic rebound
"None of the nation's largest banks" is currently active in the Main Street Lending Program, design…
Emily Graffeo
4 mins read
Meet the activists urging the Fed to worry less about inflation and focus on helping Americans get good jobs
"The worst-case scenario is high prices and high unemployment, and I really do worry that we're hea…
Ben Winck
2 mins read
Fed Vice Chair Richard Clarida to resign 2 weeks early amid scrutiny over pandemic stock trading
Clarida landed in hot water in October for stock trades made just before a key Fed announcement. Up…
Ben Winck
2 mins read
A full economic recovery will be 'very difficult' as long as COVID-19 remains a threat, Fed president Rosengren says
"Because of the continued community spread of the virus, I am concerned that the pandemic will limi…
Carmen Reinicke
2 mins read
The dollar and euro are on the verge of parity for the first time in 20 years — and it could happen within a month. Here's what to know.
"[Parity] is an indicator of lack of faith in the euro area economy going forward, which is not sur…
Phil Rosen
3 mins read
Americans are still getting larger-than-usual raises, but the wage rallies are starting to slow in some cities
In San Francisco, New York, and Chicago, above-average raises seem to be sticking around. Yet Phila…
Ben Winck
2 mins read
The Fed's watchdog is looking into whether officials' multimillion-dollar stock trades broke the law - after Elizabeth Warren piled on the pressure
The Fed's Office of Inspector General has been called in, after a report said Vice Chair Richard Cl…
Harry Robertson
2 mins read
The Fed may release its long-awaited paper on central bank digital currencies as early as next week, report says
Jerome Powell has said CBDCs would negate the need for stablecoins, but other observers say a digit…
Isabelle Lee
3 mins read
The Fed is pursuing a more inclusive recovery. Its newest regional bank president shows it's doing so with a more diverse staff.
The Boston Fed just tapped economist Susan Collins to serve as the second Black Fed president ever.…
Ben Winck
2 mins read
Billionaire investor Seth Klarman rings the alarm on speculation, complacency, and inflation in his annual letter. Here are the 11 best quotes.
The Baupost CEO underscored the value of hedging, outlined why he likes volatility, and issued a di…