Economic News

Newswires RSS Get our newsletter

The Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation have adopted a final rule to modify the enhanced supplementary leverage ratio standards, which apply to the largest and most systemically important banking organizations in the United States.

—Shares in Europe and Asia advanced on Wednesday after benchmarks on Wall Street surged on hopes the Federal Reserve will soon opt to cut interest rates. Britain's FTSE 100 edged 0.1% higher. In Asia, Tokyo's Nikkei 225 rose 1.9% to 49,559.07 in a broad rally that encompassed major exporters and technology shares.

Merger close anticipated for Jan. 1, 2026. NASHVILLE, Tenn.& COLUMBUS, Ga.—- The proposed combination of Pinnacle Financial Partners and Synovus Financial Corp. has received regulatory approval from the Board of Governors of the Federal Reserve System. With shareholders of each company approving the merger on Nov. 6, 2025, Pinnacle and Synovus anticipate…

Minneapolis Fed leader Neel Kashkari has cast doubt on his earlier prediction the Federal Reserve Bank will cut interest rates for the third time this year. Kashkari posited that potential third cut in a September essay, shortly after the Federal Open Market Committee made a quarter-point snip, its first since December 2024. From San Francisco to Dallas to…

The following information was released by the Federal Reserve Bank of Atlanta:. In preparation for FOMC meetings, policymakers have the Fed Board staff projection of this "advance" estimate at their disposal. As stated by economists Jon Faust and Jonathan H. Wright in a 2009 paper, "by mirroring key elements of the data construction machinery of the Bureau of…

Maryanne Perrin, an associate professor of nutrition. The study has been published in the American Journal of Clinical Nutrition. The researchers collected and analyzed 600 milk samples from approved donors across eight milk banks in Chile, Kenya, Poland, Vietnam and the United States.

The AUD/USD exchange rate has retreated in the past few months as the US Dollar Index jumped to a high $100.6, up from the year-to-date low of $96.2. If these numbers are accurate, there is a likelihood that the Reserve Bank of Australia will opt to leave interest rates unchanged in the next meeting in December this year. Meanwhile, the pair will react to the upcoming…

The following information was released by the Financial Services Forum:. Recently, the Federal Reserve Board embarked on an important initiative to significantly increase transparency in its stress testing program. More specifically, the Federal Reserve publicly released the models it uses to design each year's stress scenario.

—European and Asian shares mostly gained on Tuesday after U.S. stocks rallied on hopes the Federal Reserve will cut interest rates soon. In Asian trading, Tokyo’ s Nikkei 225 picked up 0.1% to 48,659.52 as a plunge in technology giant SoftBank's shares weighed on the market. E-commerce giant Alibaba, which was due to report its earnings late Tuesday, gained 2.1% in…

The USD/MXN exchange rate has remained in a consolidation phase in the past few months. The USD/MXN pair has remained inside a narrow range as investors focused on the actions by the Federal Reserve and Banxico interest rate decisions. Mexico’ s central bank has been in a rate-cutting cycle in the past few months as the country’ s economy has slowed substantially…

NEW YORK- Stock market investors are preparing for a turbulent year-end sparked by uncertainty over near-term Federal Reserve interest rate cuts and mounting worries that artificial intelligence companies, which have propelled the market to new records this year, are overvalued. "It's certainly approaching what looks like is going to be a volatile holiday…

After years of rampant growth and a strong summer, the Texas economy appears to have cooled this fall, according to a recent analysis by researchers at the Federal Reserve Bank of Dallas. "Tariffs and the surrounding uncertainty continue to impact the Texas economy," Luis Torres, a Dallas Fed economist who coauthored the analysis, said in accompanying comments.

There are no signs of a recession in Arkansas on the horizon, despite projected slowing growth and the uncertain effects of tariffs. Michael Pakko, chief economist and state economic forecaster at the Arkansas Economic Development Institute at the University of Arkansas at Little Rock. Federal Reserve Bank of St. Louis economists Kathleen Navin and B….

With the Treasury Department's decision to retire the penny, our favorite bronze coins are headed into their golden years. ·Earlier this year, the U.S. Mint officially ended production of the penny. ·The Federal Reserve has since stopped distributing the coins.

Pace University won the 22nd annual national College Fed Challenge on Friday, a team competition that encourages undergraduate students to learn about the U.S. economy, monetary policymaking, and the role of the Federal Reserve System. The team, from New York, New York, represented the New York District and included Suraj Sharma, Giancarlo Raspanti, Gianna Beck,…

The following information was released by the Federal Reserve Board:. At the 2025 National College Fed Challenge Finals, Federal Reserve Board, Washington, D.C.. Let me begin by congratulating the students and advisers of the teams who will face each other today, representing the University of Chicago, Davidson College, Harvard University, the University of…

The following information was released by the Federal Reserve Board:. At the 2025 Federal Reserve Bank of Cleveland Financial Stability Conference, Cleveland, Ohio. The hard work and dedication of Reserve Bank staff, leadership, and directors help ensure the economic well-being of communities across the country, including in Ohio, Pennsylvania, West Virginia,…