Posted by Reuters: Business News on November 14, 2011
(Reuters) – The European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to research from the San Francisco Federal Reserve Bank.
Posted by Reuters: Business News on October 18, 2011
CHATTANOOGA, Tennessee (Reuters) The U.S. economy is unlikely to slip back into recession, and an improvement in recent indicators has been encouraging, Atlanta Federal Reserve Bank President Dennis Lockhart said on Tuesday.
Posted by Reuters: Business News on August 30, 2011
NEW YORK (Reuters) – Chicago Federal Reserve Bank President Charles Evans said on Tuesday he favored strong central bank accommodation for a substantial period of time, as the U.S. economy looks to be moving “sideways.”
Posted by Reuters: Business News on August 18, 2011
LONDON/NEW YORK (Reuters) – The U.S. Federal Reserve Bank is treating foreign banks the same as their U.S. peers, a policymaker said, putting himself at odds with a report that it was keeping a closer eye on European banks struggling with the continent’s debt crisis.
Posted by Reuters: Business News on
LONDON (Reuters) – The Federal Reserve Bank is taking a closer look at the U.S. units of Europe’s biggest banks, concerned that a euro zone debt crisis could spill into the U.S. banking system, the Wall Street Journal reported.
Posted by Reuters: Business News on
(Reuters) – The Federal Reserve Bank of New York is intensifying its scrutiny of the U.S. units of Europe’s biggest banks amid concerns that Europe’s debt crisis could spill into the U.S. banking system, the Wall Street Journal reported citing sources familiar with the matter.
Posted by Reuters: Business News on July 22, 2011
WASHINGTON (Reuters) – Treasury Secretary Timothy Geithner, while head of the New York Federal Reserve Bank, granted a waiver that allowed his eventual successor William Dudley to hold on to investments in firms getting emergency help.
Posted by Reuters: Business News on June 16, 2011
NEW YORK (Reuters) – Stocks briefly turned negative on Thursday and then traded slightly higher after a disappointing business activity survey from the Philadelphia Federal Reserve Bank.
Posted by Reuters: Business News on April 28, 2011
NEW YORK (Reuters) – General Electric Chief Executive Jeffrey Immelt resigned from the New York Federal Reserve Bank’s board of directors last month, the regional central bank said on Thursday.
Posted by Reuters: Business News on April 15, 2011
WASHINGTON (Reuters) – Philadelphia Federal Reserve Bank President Charles Plosser on Friday said the U.S. central bank could move to tighten monetary policy this year if the recovery unfolds as he expects.
