monetary policy

The changing metrics of credit; HSBC wants out of France

09/12/19

Lenders considering other factors for those with bad or no credit history; the bank plans to sell its French retail unit.

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Trump adds to pressure on Fed, seeking rates of zero ‘or less’

09/11/19

President Donald Trump urged the Federal Reserve to lower interest rates to a level typically reserved for recessions or periods of persistently weak growth, suggesting that such a setting could allow the government to restructure Treasury debt at a lower cost.

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Plan for Fannie, Freddie; Fed likely to go easy on rate cut

09/06/19

The mortgage agencies would be privatized under Trump administration plan; central bank will probably cut rates by 25 bps, not 50 bps, at its next meeting.

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Goldman thins its partnership ranks; Wells responds to Warren

09/05/19

About 15% of the bank’s partners are likely to leave this year to make room for new ones; the bank said it is looking into why it charges some customers even after their accounts are closed.

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Who’s afraid of the 'narrow bank'?

09/05/19

A new kind of institution wants to make the interest rate the Federal Reserve pays to its member institutions more widely available, but that could have big implications for monetary policy.

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GOP senator seeks hearing on Fed independence after Dudley op-ed

08/28/19

Sen. Thom Tillis of North Carolina called for the panel to hold a hearing on what he termed the danger that the Federal Reserve will meddle in the 2020 presidential election.

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'A wolf in sheep's clothing': Comments of the week

08/15/19

Readers react to states investigating payroll advance companies and the GOP's weak response to cannabis banking, heed a warning that nonbanks are prepared for CECL and more.

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Why President Trump has the Fed on the ropes

08/12/19

The Federal Reserve's monetary policies have exacerbated the wealth gap, making the central bank a vulnerable target for Trump. He’s taking full advantage.

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Former Fed chiefs call on Trump to end Powell threats

08/06/19

Former central bank chiefs Alan Greenspan, Paul Volcker, Janet Yellen and Ben Bernanke said the Fed must be allowed to act "free of short-term political pressures and ... without the threat of removal or demotion."

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Goldman invests in tech; PayPal lowers its profit forecast

07/25/19

The firm joins $40 billion “technology megafund” sponsored by SoftBank Group; company says partnerships are taking longer than expected to bear fruit.

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