United States
Stress tests are ‘most significant’ regulatory outcome of crisis – Hirtle
New York Fed official says stress tests created “safe environment” for banks to raise capital
Volatility in equities may soon influence Fed policy, says Moody’s economist
US equity sell-off may be due to Fed policy, says John Lonski
Lagarde defends rate hikes as Trump calls Fed ‘crazy’
“I think the Fed has gone crazy”, US president says
Williams says Fed policy is almost normal
In achieving Fed’s mandate, “this is about as good as it gets”, New York Fed president says
IMF calls for fiscal consolidation in anticipation of next crisis
As global financial conditions tighten, emerging economies record higher corporate and sovereign debt
Lower bound not a big constraint for the Fed – paper
Risks of Fed being constrained in the future are “greatly overstated”, author says
BIS paper finds trade-off in forward guidance
Forward guidance may deter economic growth, authors say
Solid US economy contributes to higher 10-year Treasury yields
Inverted yield curve less likely as long-term growth and inflation expectations rise
Fed assessing effects of community bank closures in rural areas – Quarles
Decline in community banks over last two decades concentrated in institutions with less than $100 million
Fed aims for real-time interbank settlement of faster payments
Brainard points to “growing gap” in US transaction capabilities
Fed could change capital rules for bigger banks – vice-chair Quarles
Deregulatory act had already softened regulations for banks with below $100 billion, up from $50 billion
Researchers explore impact of bank stress on the real economy
Large banks should be subject to more stringent requirements, authors say
Powell downgrades Phillips curve importance
Unemployment forecasts are not too good to be true, Fed chairman argues
Williams softens stance on neutral rate
“At times r-star has actually gotten too much attention”, says New York Fed president
Uncertainty over monetary policy is ‘recessionary’, researchers say
Forward guidance reduces uncertainty and supports the economy, paper finds
Nafta deal to reduce uncertainty in Canada and Mexico
Regional rate-setters have become increasingly concerned about effects of trade disruptions
Gita Gopinath named IMF chief economist
The Harvard academic is a specialist in international finance and an adviser to central banks
Barkin calls for education to improve labour participation
Addressing disparities is one of the best opportunities to ensure US growth, Barkin says
Fed raises interest rates
Inflation is running above target and the economy set for a strong third quarter
Booming US economy set against ‘fragile’ markets – BIS review
Fiscal stimulus on top of loose financial conditions in the US continues to pile pressure on emerging markets, the BIS warns in its latest quarterly review
People: NY Fed names new chief information officer
Pamela Chase Dyson to lead tech group; Richard Clarida sworn in; EBA appoints board member
New York Fed wraps up final sales of crisis portfolio
Maiden Lane vehicle created in wake of Bear Stearns bailout ultimately turns a profit
Trump nominates former Fed economist for board role
Nellie Liang’s nomination may help the Fed guard against potential future downturns
US growth remains solid in Q3 – Atlanta Fed
Real-time GDP estimation signals 4.4% growth in current quarter