A composite of AM Best- rated U.S. and Bermuda reinsurers generated a fifth-straight year of underwriting profitability, even as premium growth fell sharply, according to a new AM Best report.. AM Best’ s composite of U.S. and Bermuda reinsurers consists of seven reinsurance groups domiciled in either the United States or Bermuda, for which the reinsurance…
–Sell the GBP/USD pair and set a take-profit at 1.3470. The GBP/USD exchange rate dropped sharply as investors reacted to the highly hawkish statement from Kevin Warsh at the Jackson Hole Symposium. In it, he maintained his view that inflation remained stubbornly high in the United States and insisted that the Federal Reserve would work hard to bring it to the 2%…
The following information was released by the Federal Reserve Bank of Dallas:. Economic activity in the Eleventh District expanded moderately over the reporting period. Growth picked up in the nonfinancial services, banking, and energy sectors, but moderated in manufacturing.
—The price of oil rose and stocks fell on Wall Street Monday after the U.S. launched its first military action in a month against Iran. Shares of Aon fell 5.8% as the company announced that it was buying insurance broker USI Insurance Services from private equity firm KKR in a deal valued at $17 billion, including debt. U.S. forces struck Iranian rocket launchers on…
Mr. Warsh, speaking at a major economic gathering in Wyoming, said the Fed’ s 2% inflation target is a“ firm, fixed target” that will not change. Mr. Warsh became Fed chairman in May, replacing Jerome Powell, who faced constant hectoring from Mr. Trump to lower interest rates. Mr. Trump said he wanted Mr. Warsh to act independently as the top central banker.
The following information was released by the Federal Reserve Bank of Dallas:. The Weekly Economic Index provides a signal of the state of the U.S. economy based on data available at a daily or weekly frequency. The WEI was developed by Daniel J. Lewis, a former economist at the Federal Reserve Bank of New York; Karel Mertens, senior vice president and director of…
The following information was released by the Federal Reserve Bank of Dallas:. Hosted by the Federal Reserve banks of Dallas and Boston. 8:30 a.m. Welcome remarks and opening keynote.
The Federal Reserve Bank of Dallas, the University of Houston and the Banco de Mexico will host the Eleventh Annual Conference on International Economics Oct. 9-10, 2026, in Houston. Day 1: Houston Branch, Federal Reserve Bank of Dallas. Houston Branch, Federal Reserve Bank of Dallas.
The following information was released by the Federal Reserve Bank of Dallas:. Sara Casella, Jess Fernandez-Villaverde, Stephen Hansen, Ryohei Oishi and Minchul Shin. In a medium-scale New Keynesian model for the U.S., incorporating text improves predictive performance and materially alters structural inference: the new model estimates a lower response of…
The following information was released by the Federal Reserve Bank of Dallas:. Remarks by Dallas Fed Senior Vice President Roberto Coronado at the Texas Tribune Future of the Texas Workforce symposium in Waco, Texas. My name is Roberto Coronado, and I'm a senior vice president and senior economist at the Federal Reserve Bank of Dallas.
The following information was released by the Federal Reserve Bank of Atlanta:. In formulating a monetary policy position, interim Atlanta Fed president Cheryl Venable blends aggregate, quantitative data with anecdotal, qualitative data gathered from business and community contacts, she writes in a new quarterly essay. Venable describes recent trips…
The following information was released by the Federal Reserve Bank of Dallas:. Jesus Caas, Luis Torres and Diego Morales-Burnett. Nevertheless, the consensus forecast for 2026 real GDP growth compiled by Banco de Mexico held steady at 1.1 percent.
