United States
PBoC looks into narrowing interest rate corridor
Central bank elaborates on recent changes to monetary policy framework
Honey, I shrunk the Fed. (Not a sci-fi fantasy)
Promoting the discount window may be the Fed’s key to shrinking its $7trn balance sheet, says Bill Nelson
US’s indirect reliance on Chinese goods rises – NY Fed research
Study finds country’s largest partners are importing increasing amounts of goods from China
Monetary policy has less impact on private credit – Fed research
Funding, ‘dry powder’ and fund returns for asset class remain high amid policy tightening
Grocery inflation caused by wages and raw goods prices – Fed study
Research comes as FTC launches inquiry into alleged price gouging by US retailers
US Helocs rise after years of decline – research
Study by Kansas City Fed warns balances are outsized compared with debt consolidation
Why was Archegos worse than the Fed’s five-fund stress test?
Some believe Credit Suisse was an outlier, but others say the CCAR results underestimated risks
Japanese market shock threatens to spill back to US
Sudden unwinding of carry trade could impact Fed decision-making, analysts say
NY Fed study documents widespread manufacturing slowdown
Firms of all sizes in industries across US are affected, according to research
US productivity may fuel interest rate divergence and dollar strength – Fed study
Business dynamism and financing conditions may explain lack of spillover into other advanced economies
Fed urged to introduce annual high-rate stress tests
Results of debut scenario were reassuring, but regulators cannot lower their guard
Fed holds rates again
Powell says FOMC’s “broad sense” is that US economy is moving to point where cuts would be justified
Emerging markets at greater risk from stablecoins, FSB warns
Limited regulation, resourcing constraints and FX exposures create hazards for poorer countries
Inflation more persistent in post-Covid era – Fed research
Study recommends aggressive tightening for longer
More than half of US organisations ‘vulnerable to IT failure’
New research underlines cyber risks to central banks following CrowdStrike IT outage
Perceptions of monetary policy shape inflation – Dallas Fed paper
Academics say Phillips curve not always applicable post-Covid
Acting US comptroller warns of threats to stability
Hsu defends preemption, federal oversight and increasing regulation for large banks
Global current account balance to narrow, IMF says
Weakening commodity prices have stripped energy-exporting countries of their surpluses
Trump says he would probably let Powell continue on Fed board
If he is “doing the right thing”, Jerome Powell can serve out his term, former president says
IMF warns of slowing disinflation path
Higher interest rates in advanced economies could trigger “harmful spillovers”, chief economist warns
Chicago Fed chief warns of overtightening if rates hold
Fed chair Jerome Powell also finds confidence in recent inflation data
US unemployment or inflation will worsen if vacancies do not fall – study
Research says “last mile” in tackling inflation will depend on developments in labour market
Powell warns of commercial real estate risks
Fed chair tells Senate further cooling of the labour market could induce a rate cut
‘Unprecedented’ immigration boosts US economy – Dallas Fed
Authors say there is reason to believe immigration is net neutral for inflation