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By Jeff Kearns, Bloomberg |
May 7, 2013
U.S. banks urged the Federal Reserve to take the lead in defending the financial services industry from cyber attacks by working with federal counterterrorism, intelligence and law enforcement agencies, documents show.
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By Jeff Kearns, Bloomberg |
April 11, 2013
Global central banks buying assets and keeping interest rates low to boost growth have had “positive short-term effects for banks” even as risks from the policies are increasing, the International Monetary Fund said.
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By Jeff Kearns, Bloomberg |
March 25, 2013
China’s slowdown last year probably didn’t exceed government reports, researchers at the Federal Reserve Bank of San Francisco said, differing from concerns voiced by some analysts about the accuracy of the official data.
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By Jeff Kearns, Bloomberg |
December 14, 2012
Federal Reserve Bank of Dallas President Richard Fisher said the central bank may never be able to exit its unprecedented bond-buying program and that the efficacy of the stimulus measure is “declining over time.”
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By Jeff Kearns, Bloomberg |
August 29, 2012
The Federal Reserve said the U.S. economy continued to expand “gradually” in July and early August as improvement in housing and retail sales helped outweigh weakness in manufacturing.
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By Jeff Kearns, Bloomberg |
August 15, 2012
Stronger U.S. economic data have reduced the probability that the Federal Reserve will announce a third round of so-called quantitative easing when policy makers gather next month, Goldman Sachs Group Inc. said.
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By Jeff Kearns, Bloomberg |
August 3, 2012
Federal Reserve Bank of Richmond President Jeffrey Lacker said he opposed the Fed’s decision to keep the main interest rate near zero through at least late 2014 because such accommodation probably won’t be necessary.
