WASHINGTON (Reuters) – U.S. capital rules may discourage banks from central clearing of securities and the Federal Reserve is considering reform, Fed Governor Jerome Powell said in Friday.
By Carolyn Cohn and Anjuli Davies
NASHVILLE, Tenn (Reuters) – The Federal Reserve should wait on any further rate increases until it is clear inflation is reliably heading to the Fed’s 2 percent target, St.
CLEVELAND (Reuters) – The U.S. economy is on a sound footing so the Federal Reserve must continue raising interest rates so as to avoid employment or inflation getting out of hand and causing a
By Henning Gloystein
NEW YORK (Reuters) – Bank of America Merrill Lynch on Friday downgraded its outlook on U.S. gross domestic product in 2018 to 2.1 percent from an earlier forecast of 2.5 percent, citing fading
MEXICO CITY (Reuters) – Mexican retail sales rose for the second time in three months in April, official data showed on Friday, pointing to continued support for Latin America’s second biggest economy
NEW YORK (Reuters) – Persistent output slack and sluggish economic activity will likely keep inflation and interest rates low around the world in the foreseeable future, Bank of America Merrill Lynch
By Patrick Graham