'The problem with people today': Comments of week
Readers weigh in on the in-store branch model, how community banks hone their message, the difficulty cash-strapped consumers face in finding bank loans, and more. ... Read full article
Readers weigh in on the in-store branch model, how community banks hone their message, the difficulty cash-strapped consumers face in finding bank loans, and more. ... Read full article
The Federal Reserve is right to look at shrinking its bloated balance sheet. But if it doesn’t simultaneously stop paying banks to hoard money, the Fed will create the next recession. ... Read full article
Readers weigh in the effect of Federal Reserve actions on wealth distribution, how a new startup could reduce overdraft fees, Watson's attempts to catch rogue traders, and more. ... Read full article
The Federal Reserve’s next policy actions will have profound impact on whether the U.S. income and wealth gap grows even wider. ... Read full article
Readers weigh in on Wells Fargo investors reelecting state regulators suing the OCC, Wells Fargo's annual meeting, ultralow interest rates and more. ... Read full article
Monetary policy was intended to act as an accelerant for an economy in recession, and did in fact accomplish that goal early on; however, its benefits have waned, if not reversed, over time. ... Read full article
Richmond Federal Reserve Bank President Jeffrey Lacker’s revelation that he was behind a 2012 leak may embolden the central bank’s critics in Congress. ... Read full article
Richmond Fed President Jeffrey Lacker resigned Tuesday after revealing that he inadvertently disclosed confidential information about monetary policy to an analyst in 2012. ... Read full article
The Federal Reserve sent nearly $91.5 billion to the U.S. Treasury, according to the central bank’s annual independent audit released Friday. ... Read full article
Banks of all stripes are cheering what the Federal Reserve’s accelerated rate increases promise for net interest income, but big banks and small banks have conflicting notions about how they want to price deposits in the coming months. ... Read full article
The Federal Reserve’s Federal Open Market Committee on Wednesday raised the federal funds rate 0.25%, marking only the third rate hike since the financial crisis. ... Read full article
If the Federal Reserve and other central banks began issuing their own digital currencies, they could benefit consumers, boost the economy and fight financial crime. But not without risks to cybersecurity, individual privacy — and possibly bank profits. ... Read full article
Raphael Bostic, an economist and a professor of public policy at the University of Southern California, has been named the 15th president of the Federal Reserve Bank of Atlanta, and will become the first African-American to head a regional Fed bank. ... Read full article
Contrary to the opinion that the Federal Reserve is out of “options” to boost the economy, the central bank still has these three liquidity-strengthening tools at its disposal. ... Read full article
How much is GOLD worth? Or even more basic, why is gold worth anything ? Why does the Pound Sterling or the Euro or the U.S. or Canadian Dollars have value? Only because "we" say so! ... Read full article
(From the March 7, 2011 posting for background) ... Read full article
Steven Pearlstein, a columnist for the Washington Post wrote about the "Global ... Read full article
Steven Pearlstein, a columnist for the Washington Post wrote about the "Global ... Read full article