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John C. Williams, President and Chief Executive Officer. Its a pleasure be here to celebrate the 100th anniversary of the Central Bank of Chile. But first, I must give the standard Fed disclaimer that the views I express today are mine alone and do not necessarily reflect those of the Federal Open Market Committee or others in the Federal Reserve System.

The following information was released by the Federal Reserve Board:. Financial stability is a focal point of my attention at the Board of Governors, since I serve as chair of the Board's Committee on Financial Stability. My remarks will center on three areas of vulnerabilities: asset valuations; the structural shift in lending to private companies, away from…

The following information was released by the Competitive Enterprise Institute:. The Federal Deposit Insurance Corporation and Federal Reserve Board of Governors withdrew their controversial interagency guidance on climate financial risks on October 16. This interagency guidance, known as "Principles for Climate-Related Financial Risk Management…

The U.S. added far more jobs in September than forecast, the government said Thursday in a long-delayed jobs report that complicates an upcoming decision by the Federal Reserve. The Bureau of Labor Statistics said nonfarm payrolls increased by 119,000 for the month, beating Wall Street estimates of 50,000.. The White House said the upbeat report proved that…

The content of the Federal Reserve's latest meeting minutes, released yesterday, showed a clear division among committee members regarding the chances of a cut. Conversely, forecasts suggest that the European Central Bank is likely to keep interest rates unchanged until the end of 2026, given that inflation remains close to its 2% target, economic growth is…

–The AUD/USD exchange rate continued to consolidate after the Federal Reserve published minutes of the recent monetary policy meeting and as traders waited for the upcoming US jobs data. The AUD/USD exchange rate also reacted to the latest Federal Reserve minutes in which officials highlighted the current state of inflation, which has remained above the 2%…

The EUR/USD exchange rate retreated after the Federal Reserve released minutes of the last monetary policy meeting, in which officials decided to cut interest rates by 0.25%. Odds of a rate cut on Polymarket has jumped to 67% today from this week’ s low of 50%. The EUR/USD exchange rate will likely react to the upcoming September jobs report by the Bureau of Labor…

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.

The following information was released by the Federal Reserve Bank of San Francisco:. Understanding employment patterns among different segments of the nation's workforce contributes to a deeper understanding of the economy, in support of the Federal Reserve's monetary policy goals. In our recently released report, we analyzed 2023 American Community…

—Larry Summers was once so powerful that he was dubbed a member of the Committee to Save the World. The 70- year-old Summers, a former U.S. treasury secretary and onetime contender to lead the Federal Reserve, was already beginning to withdraw from public life in the wake of the email release. But his decision to pause teaching at the university where he was once…

—A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, according to minutes released Wednesday. Chair Jerome Powell had telegraphed the deep divisions among the Fed's 19- member interest-rate setting committee at a…

The USD/BRL closed near the 5.3218 ratio yesterday, this after touching highs earlier in the day around the 5.3475. U.S equity indices have faced headwinds the past few days, and tomorrow a delayed U.S jobs report will be brought forth which will cause dynamic market action. A lack of clarity regarding Federal Reserve interest rate policy has caused…

The following information was released by the Federal Reserve Board:. I am pleased to be here today to discuss a core part of the Federal Reserve's mission: banking supervision.1 Much of what the Fed does to conduct monetary policy, promote a stable financial system, provide a safe and efficient payments system, and support consumers and community development…

—The U.S. stock market is climbing on Wednesday, for now at least, ahead of a couple huge tests for Wall Street. It’ s been shaky recently, not just day to day but also hour to hour, because of worries that stock prices have broadly shot too high and that the Federal Reserve may not deliver as many revitalizing jolts through lower interest rates as expected.

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….

"The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain long run growth of the monetary and credit aggregates commensurate with the economy's long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates."