Hints and tips:
...A new book, Making Economics Public, includes a chapter describing the Economy Museum of the Federal Reserve Bank of St Louis....
...Jay Powell, Federal Reserve chair, is expected to reaffirm his commitment to aggressively increasing interest rates when he speaks on Friday at the annual meeting of the US central bank in Jackson Hole,...
...The day ahead Bank earnings Goldman Sachs, Citigroup, Wells Fargo and Morgan Stanley are the latest banks to report earnings....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Separately, the White House said it would not introduce mandatory federal vaccine passports as Republican resistance to the idea builds....
...The US Federal Reserve held $3.34tn-worth of US Treasuries as of April 1, making it by far the world’s biggest holder of government debt....
...Support by the US Federal Reserve has also helped to alleviate the economic strain....
...In US v Nixon and Clinton v Jones, appointees of the presidents involved in those cases ruled against them as the court presented a united front....
...“The shape is almost a perfect V and offers a glimpse of hope that economic effect might be shortlived,” said Daniel Bergvall, economist at SEB....
...This month the Stoxx Europe 600 Banks index and the Dow Jones Bank Index of US lenders have each lost more than 40 per cent, while the cost of insuring bank debt through credit default swaps has soared....
...Before the claims figures were released, Jay Powell appeared on NBC’s television breakfast show, where the Federal Reserve chairman said the central bank still had ammunition: “We still have policy room...
...for tougher accountability against big banks after the 2008 crash....
...Top markets stories Hong Kong v Shanghai: the battle over China’s capital markets China’s central bank continues to load up on gold US has fewer listed public companies than China Markets Briefing is...
...Mark Carney, the governor of the Bank of England, is set to step down as FSB chair on December 1....
...Randal Quarles, a governor of the Federal Reserve appointed by Mr Trump, is set to take the chair of the FSB for a three-year term beginning next month, succeeding Mark Carney, the Bank of England governor...
...Last night she said all parties in Germany’s federal grand coalition “stand by the concept of the Spitzenkandidaten”....
...Liikanen remains a probable alternative and would also be a good leader for the ECB for many of the same reasons as V. de Galhau....
...The bank said 250,000 downloaded the software....
...The task force, set up by the BDI, the Federation of German Industries, features high profile companies including Deutsche Bank, Siemens and Airbus....
...“Banks started suffering all over the world.” Russian intelligence agencies’ relationships with such outfits has built up over many years....
...Oliver Jones, economist, Fathom Consulting We expect the MPC to cut Bank Rate by a further 15 basis points to 0.1% by the end of 2017....
...David Blanchflower, Bruce V. Rauner professor, Dartmouth College Open question. Depends if he injects a major fiscal stimulus....
...While bank stocks fell sharply, shares in non-bank mortgage providers such as Nationstar and Ocwen rose as much as 5 per cent....
...(FastFT) Comcast “submitted a lengthy document to federal regulators to justify its $45 billion proposed purchase of Time Warner Cable....
...The BoC was the first central bank in the Group of 7 leading economies to commit publicly to keep rates low for an extended period – a policy aped by the US Federal Reserve....
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