Chicago Fed President Austan Goolsbee stresses central bank autonomy is critical to preventing a resurgence of inflation. Chicago Federal Reserve President Austan Goolsbee stated that inflation will surge again if central bank independence is eroded. Speaking in Illinois,
Markets now price over a 30% chance of a Fed rate increase by year-end following stronger-than-expected inflation figures. Traders sharply revised Federal Reserve rate expectations after a hotter-than-anticipated inflation report, eliminating near-term rate cut bets. The C
Kevin Warsh’s confirmation sets the stage for a vote on his Fed chair nomination before the May 15 deadline. The Senate confirmed Kevin Warsh as a Federal Reserve Governor, positioning him for a potential vote to replace current Fed Chair Jerome Powell. The nomination for
Student loan borrowers show high delinquency rates but pose minimal threat to broader credit markets, the New York Fed reports. The New York Federal Reserve found that student loan delinquencies moderated in the first quarter, though borrowers continue to struggle with hig
Delinquency rates remained stable at 4.8% as mortgage and auto loan balances rose slightly while credit card debt declined. Total US household debt was unchanged at $18.8 trillion in the first quarter of 2026, with delinquency rates holding at 4.8%. The stability follows a
The Federal Reserve terminated long-standing enforcement actions against two regional bank holding companies effective May 6, 2026. The Federal Reserve Board terminated enforcement actions against F & M Holding Company, Inc. and Thread Bancorp, Inc. on May 6, 2026. The act
Quick Read - Higher-than-expected April inflation of 3.8% year-over-year, driven 40% by energy prices amid Middle East tensions, has shifted market expectations from multiple Fed rate cuts to a 27% probability of a rate hike before 2028. - Energy price increases act as a tax on...</strong
Hot inflation data pours cold water on Federal Reserve rate cut hopes Bitcoin was trading at $80,814 following the news, down 1.2% over the past 24 hours. What to know: - April CPI rose 0.6% for the month and 3.8% year-over-year. - Markets continues to price in no Fed rate
Gent Sejko: Empowering internal audit Special address by Mr Gent Sejko, Governor of the Bank of Albania, at the IIA Albania (Institute of Internal Auditors Albania) International Conference 2026 "Empowering internal audit", Tirana, 11 May 2026. Dear participants, Dear Mr A
Major UK lenders met to align on reporting standards as regulators tighten climate-risk disclosure requirements by next month. HSBC convened private talks with Barclays, Santander, NatWest, and Lloyds to address stricter climate-risk disclosure expectations. The discussion