New York Fed's Williams Forecasts Core Inflation at 2.5%
New York Federal Reserve President John Williams anticipates core inflation will remain around 2.5% this year, even with a recent surge in oil prices.
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Foreign Central Banks Divest US Treasury Bonds
Foreign central banks, particularly those from oil-importing nations, have significantly reduced their holdings of US Treasury bonds at the New York Federal Reserve, driven by increased payments for dollar-denominated oil.
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Maduro and Wife Return to Federal Court for 'Narco-Terrorism' Case
Deposed Venezuelan president Nicolás Maduro and his wife Cilia Flores have returned to a Manhattan federal court for a key hearing in his 'narco-terrorism' case, where they have pleaded not guilty after being captured by the US military in January.
New York Fed Identifies Top-Paying College Majors for Mid-Career Millennials
A New York Fed analysis revealed the college majors that have resulted in significant financial returns for millennials in the middle of their careers.
Government Bonds' Shrinking Appeal
The New York Fed reports that the shrinking appeal of government bonds comes with a significant cost.
New York Fed Inflation Measure Rises in December
The New York Federal Reserve's inflation measure showed an increase in December, indicating a heating up of inflationary pressures.
Trump Advisor Expresses Fury Over Tariff Cost Report, Vows Retaliation Against New York Fed
A top Trump advisor is reportedly furious about a New York Fed paper revealing the true cost of tariffs, vowing to punish the institution for what he calls the 'worst paper' ever.
New York Fed Tariff Study Criticized by Former NEC Director
Former National Economic Council Director Kevin Hassett has strongly criticized a New York Fed tariff study, calling it the 'worst paper I've ever seen' and suggesting its authors should be disciplined for ignoring key aspects of how duties worked.
NY Fed Reports Highest Supply Chain Pressures Since Early 2023
The New York Federal Reserve announced that supply chain pressures in March reached their highest level since the beginning of 2023, indicating ongoing challenges in global logistics.
NY Fed Official Suggests Moderation in Bill Buying, Miran Lays Out Balance Sheet Shrink Path
A New York Federal Reserve official has indicated that the central bank's bill buying activities should moderate, while Fed's Miran has laid out a path to further shrink the central bank's balance sheet, signaling potential shifts in monetary policy.
Former New York Fed President Bill Dudley on Private Credit
Former New York Fed president Bill Dudley stated that the current state of private credit is not comparable to the severity of the 2008 financial crisis.
NY Fed's Williams Sees Path for Rate Cuts
New York Fed President John Williams indicated a potential path for interest rate cuts, provided that inflation moderates as anticipated.
Government Bonds' Shrinking Appeal and Cost
The New York Fed reports that the decreasing appeal of government bonds is incurring costs, indicating a shift in investor sentiment.
JPMorgan Seeks NY Federal Court for Trump's Debanking Lawsuit
JPMorgan has filed a motion arguing that Donald Trump's lawsuit against the bank for alleged debanking should be heard in a New York federal court.
ATF seizes 36K guns as Trump administration shifts focus from Biden priorities to cartels, street crime
ATF agents seized over 36,000 illegal firearms under Trump administration, including 4,359 guns bound for Mexico's violent cartels and criminal gangs.
Trump Adviser Suggests Punishing New York Fed Researchers for Tariffs Argument
A Trump adviser, Hassett, has suggested that New York Fed researchers should be punished for their arguments regarding tariffs.
Foreign Central Banks Sell US Treasury Bonds Amid Iran War Concerns
Foreign central banks have significantly reduced their holdings of US Treasury bonds at the New York Federal Reserve to their lowest level since 2012, reportedly selling these assets to support their economies and currencies amidst the ongoing war with Iran.
NY Fed Official Signals Moderation in Central Bank Bill Buying
A New York Federal Reserve official indicated that the central bank's bill buying activities are expected to moderate in the near future.
Americans' Credit Applications Rise to Highest Level Since October 2022, NY Fed Reports
The New York Federal Reserve reported that Americans' credit applications have increased to their highest level since October 2022.
New York Fed's Williams on Tariff Burden and Inflation
New York Fed President John Williams stated that the burden of tariffs falls 'overwhelmingly' on U.S. businesses and consumers, hindering the Fed's 2% inflation target.
New York Fed Inflation Measure Heats Up
The New York Fed's inflation measure showed an increase in December, indicating a heating up of inflationary pressures.
Trump Adviser Calls for Discipline Against Fed Economists Over Tariff Study
A Trump adviser has criticized a New York Fed study on the impact of tariffs, calling for the economists involved to be disciplined.
Trump's Team Focuses on Economy for Midterm Messaging
Donald Trump's political team held a strategy session to focus on the economy as a key issue for the upcoming midterm elections, aiming to highlight affordability efforts.