News

America's oldest bank will now custody Ripple's stablecoin
Ripple has selected Bank of New York Mellon as the primary custodian for the reserves supporting its U.S. dollar-pegged ...
Half of central banks polled in UBS survey say restructuring of U.S. debt is possible
The 31st annual survey of reserve managers was conducted between May and June by UBS of what the bank said were “close to 40” ...
Salter: Central bank independence: more heat than light
President Donald Trump’s on-again, off-again feud with Federal Reserve Chairman Jerome Powell has market observers ...
Reuters1y
G10 central banks hit rate plateau in October, emerging markets diverge
Central banks across major developed economies in September delivered no rate hikes for the first time since January 2022 while emerging markets extended their split between easing in Latin ...
Central banks have dumped $48 billion in Treasuries as foreign wealth officials divorce the dollar
More than 200 central banks and other foreign entities like sovereign wealth funds keep Treasuries and other assets in the ...
Amarillo Globe-News on MSN3d
Bank of America commits $1 million toward Texas flood relief
Bank of America pledged $1 million to support relief and recovery efforts after devastating floods impacted Central Texas ...
Banking Dive11d
Largest banks sail through Fed’s stress test
All 22 banks that participated in the Federal Reserve’s stress test passed, although it was less stringent than past years.
Trinidad and Tobago Express6dOpinion
Central Bank confidentiality, duties and the public interest
The termination of the governor of the Central Bank raises important issues of the role and function of the Central Bank.
Big banks all pass the Federal Reserve’s stress tests, but the tests were less vigorous this year
The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe ...
CNN2mon
Will the Fed step in if America’s labor market cracks from ... - CNN
In President Donald Trump’s volatile trade war, the Federal Reserve may face the difficult choice of saving jobs or fighting inflation. But if push comes to shove, the central bank would likely ...