News

Fed’s Daly Says Muted Tariff Impact May Open Door to Cut in Fall
Federal Reserve Bank of San Francisco President Mary Daly said she’s seeing increasing evidence that tariffs may not lead to ...
Investors on Edge About a Potential Shadow Fed Chair
Traders have moved on a report that President Trump is again weighing a shake-up at the central bank that could undermine ...
20 banks expected to increase their dividends the most following the Fed’s stress tests
Wells Fargo & Co., Goldman Sachs Group Inc. and Bank of New York Mellon Corp. top the list of 20 banks expected to boost ...
Fed plan to ease leverage rule offers windfall for big US banks, Morgan Stanley says
A Federal Reserve plan to relax leverage rules could free up $185 billion in capital and unlock nearly $6 trillion in balance ...
Powell warns ending Fed interest on reserves would be 'volatile' and costly
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.
TSX opens higher as mining shares rise; Fed independence in focus
Canada's main stock index opened higher on Thursday, helped by gains in mining shares, while investors weighed U.S. President ...
Rate debate among the Fed has analysts questioning who’s ‘auditioning’ for Powell’s job already
ANALYSIS: President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public ...