interest rates

Libor is going dark in 2021, and some banks aren’t ready

12/30/18

An effort to increase awareness of the transition to a new benchmark rate, and nudge banks to start preparing, is expected to intensify in 2019.

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Fed tinkers with rates; automated home valuations prompt worries

11/30/18

The central bank may be looking at other benchmarks besides the fed funds rate to conduct monetary policy; dropping human appraisers from most home sales raises concerns.

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Trump says he's 'not even a little bit happy' with Fed's Powell

11/27/18

President Trump stepped up his attacks on the Federal Reserve Board and its chairman, Jerome Powell, blaming the central bank for declines in the stock market.

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Goldman, JPMorgan still betting on five Fed hikes by end of 2019

11/21/18

If the predictions prove correct, the benchmark rate would reach 3.50% by the end of next year.

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Will Democrats’ midterm success spur progress on GSE reform?

11/18/18

The end of one-party rule in Washington could move the needle on efforts to devise a new housing finance framework.

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JPMorgan backs fintech seeking to disrupt trillion-dollar market

11/07/18

One of the world's biggest banks wants to boost profits by cutting out voice brokers acting as middlemen in the largest derivatives market.

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Volcker praises Powell as Fed chairman faces attacks from Trump

10/25/18

Legendary former central banker Paul Volcker praised Jerome Powell as the current Federal Reserve chairman faces fire from President Donald Trump for raising interest rates.

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The Fed likes safe banks. It's not so sure about this one though

10/24/18

TNB USA is suing the Fed to force the central bank to let it open an account that earns the same top-tier interest rate currently available only to a select few.

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FDIC poised to revamp deposit rules. Banks say it's about time

10/17/18

Many bankers say the agency needs to rethink its definition of brokered deposits and how it sets interest rate caps.

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BofA's loans rise 1.4%, but margins exceed expectations

10/15/18

Net income soared 32% thanks to higher interest rates that contributed to a wider net interest margin and its most quarterly interest income in years.

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