Fed's Bostic Sees No More U.S. Rate Hikes, No Recession
Atlanta Fed Pres. Bostic on Tuesday said U.S. central bank need not raise borrowing costs any further, and sees no recession ahead.
Atlanta Fed Pres. Bostic on Tuesday said U.S. central bank need not raise borrowing costs any further, and sees no recession ahead.
Logan said recent surge in long-term Treasury yields may mean less need for US central bank to raise benchmark interest rate again.
Fed VC Barr pushed back against recent claims that US proposal requiring banks to bolster capital buffers would curb lending and hurt the economy.
Issues of keen focus to the business community could be upended if either of the frontrunners to replace Kevin McCarthy takes the gavel.
The Fed may be putting its hoped-for soft landing of the economy at risk by tacitly accepting a run-up in long-term interest rates.
The ousting of House Speaker Kevin McCarthy could have ramifications for the stock market.
The US Consumer Financial Protection Bureau, long target of conservatives, bane of the banking industry, now in fight of life at Supreme Court.