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Fed's emergency lending to banks decreases, yet stays at significant levels
Banking

Fed's emergency lending to banks decreases, yet stays at significant levels

Banks once again reduced their borrowings from two Federal Reserve backstop lending
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Pete Sadler
Russia reports cutting oil output by 700,000 barrels per day in March
700,000

Russia reports cutting oil output by 700,000 barrels per day in March

Russia’s Energy Ministry said the nation reduced its oil output by
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Pete Sadler
Chinese Traders Borrow Trillions to Boost Bond Market Returns
bond

Chinese Traders Borrow Trillions to Boost Bond Market Returns

China’s local traders are borrowing a record amount of short-term cash,
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Pete Sadler
Jamie Dimon Believes Banking Crisis is Close to Resolution
Banking

Jamie Dimon Believes Banking Crisis is Close to Resolution

The US bank crisis that rattled global markets last month is probably
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Pete Sadler
Cryptocurrencies Rebound as Experts Declare End to Bear Market
bear

Cryptocurrencies Rebound as Experts Declare End to Bear Market

Cryptocurrencies are pushing higher in 2023 despite a banking crisis, rising interest
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Pete Sadler
Fed Continues to Face Challenges from US Economy
Banking

Fed Continues to Face Challenges from US Economy

The Federal Reserve has raised interest rates aggressively over the last year
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Pete Sadler
Credit Tightening Won't Trigger Recession, Says Fed President Bullard
Banking

Credit Tightening Won't Trigger Recession, Says Fed President Bullard

St. Louis Federal Reserve President James Bullard on Thursday dismissed concerns of
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Pete Sadler
US Homebuyers to See Only Small Effects of Bank Crisis, Says Goldman Sachs
bank

US Homebuyers to See Only Small Effects of Bank Crisis, Says Goldman Sachs

If higher mortgage rates and tighter lending standards weren’t the dagger
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Pete Sadler
German Banks Bombarded with Complaints from Savers
Banking

German Banks Bombarded with Complaints from Savers

Complaints from consumers about banks and other financial firms in Germany rose
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Pete Sadler
Reuters Poll: Bank of Canada to Maintain Rates This Year, Unlikely to Cut
bank

Reuters Poll: Bank of Canada to Maintain Rates This Year, Unlikely to Cut

The Bank of Canada will keep its key interest rate steady at
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Pete Sadler
Singapore Planning to Issue Guidelines for Banks to Verify Crypto Clients
Banking

Singapore Planning to Issue Guidelines for Banks to Verify Crypto Clients

Singapore banks are working with the city-state’s authorities to set uniform
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Pete Sadler
Indian Central Bank's Unexpected Decision to Hold Interest Rates Causes Bond Market Rally
Banking

Indian Central Bank's Unexpected Decision to Hold Interest Rates Causes Bond Market Rally

India unexpectedly left its benchmark interest rate unchanged and pledged to hike
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Pete Sadler
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