Between Fed, China and Apple, get ready for more volatility 7:09 PM ET Fri, 7 Dec 2018 | 00:59 Investors should prepare themselves for more stock market swings as a host of “difficult crosscurrents” weigh on equities, CNBC’s Jim Cramer said Friday as stocks traded lower. “Now that the S&P ... Read More »
The six-member monetary policy committee (MPC), headed by the Reserve Bank of India (RBI) governor Urjit Patel, on Wednesday unanimously decided to keep the policy rate unchanged at 6.25 per cent, considering the “heightened uncertainty” of volatility related to US rate hike and the local demonetization drive. RBI also withdrew ... Read More »
Banks continued to tighten lending standards to commercial real estate loans in the third quarter, according to a Federal Reserve survey released Monday. The Fed survey of senior loan officers of 69 domestic banks and 21 foreign banks found standards were tightened on all types of commercial real estate loans. ... Read More »
Banks tightened standards on commercial real estate loans during the third quarter but left lending practices for commercial and industrial loans virtually unchanged overall, according to a survey of loan officers released on Monday by the Federal Reserve. For households, some banks reported easing lending standards on mortgages eligible for ... Read More »
The interest rate-sensitive real estate and utilities sectors suffered on Friday after atop policymaker at the Federal Reserve argued that a “reasonable case” could be made for a rate rise ahead of the central bank’s monetary policy meeting this month. Investors rotated out of the utilities sector, which declined 3.8 ... Read More »
JACKSON HOLE, Wyo. (Reuters) – Federal Reserve policymakers are signaling they could raise U.S. interest rates soon but they are already weighing new tools they may need to fight the next recession. A solid U.S. labor market “has strengthened” the case for the first rate increase since last December, Fed ... Read More »
The dollar’s fall against the yen deepened on Thursday after minutes of the U.S. Federal Reserve’s most recent policy meeting offered little optimism over the state of global growth and the prospect of a rise in interest rates in June. The U.S. currency .DXY, hammered since late March by the ... Read More »
The Federal Reserve was never hiking rates four times this year. Investors didn’t believe it, and now Fed Chair Janet Yellen has all but explicitly acknowledged it. Indeed, Yellen’s blockbuster speech Tuesday assuring that the central bank would go slowly on future adjustments to monetary policy only caught some of ... Read More »
Goldman Sachs Group Inc (GS.N) received permission on Monday to complete its $17 billion acquisition of GE Capital Bank’s U.S. online deposits. The deal, which was approved by the Federal Reserve, had been pending since August 2015. Goldman would control around $95 billion in deposits through its GS Bank unit ... Read More »
