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Economic News

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Federal reserve official tours Mt. Folly Farm to study rural economy

November 15, 2025

The following was written by Winchester Sun freelance writer John Chaney. Julianne Dunn, regional executive of the Federal Reserve Bank of Cleveland's Cincinnati Branch, toured Mt. Folly Farm on Thursday to examine how regenerative farming practices are affecting employment, supply chains, and food quality in Clark County. Dunn reports directly to the…

WARREN, SANDERS, CANTWELL, PETERS CALL FOR ADMINISTRATION TO RELEASE CRITICAL ECONOMIC DATA AND STOP KEEPING PUBLIC, FED IN THE DARK ABOUT U.S. ECONOMY

November 15, 2025

"Any failure by the Trump Administration to release delayed data could have disastrous consequences for our economy as Americans struggle to afford groceries, housing, and daily living expenses." Washington, D.C. U.S. Senators Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, Bernie Sanders, Ranking Member of the…

STATEMENT OF THE U.S. DEPARTMENT OF THE TREASURY AND THE TAIWAN CENTRAL BANK ON EXCHANGE RATE POLICIES

November 14, 2025

The following information was released by the Department of the Treasury:. As trusted partners, the United States Department of the Treasury and the Taiwan central bank, under the auspices of the American Institute in Taiwan and the Taipei Economic and Cultural Representative Office in the United States, decided to continue their close consultations on…

HONG KONG BUSINESSMAN INDICTED FOR ROLE IN FILING FALSE SEC INVESTMENT ADVISER FORMS ON BEHALF OF SHAM ENTITIES USED IN RAMP-AND-DUMP SCHEME

November 14, 2025

"The investing public relies on the accuracy and integrity of materials filed with the SEC," said SEC Inspector General Kevin B. Muhlendorf. " According to the indictment, Guanhua Su, 37, of Hong Kong, who goes by the alias " Michael Su," was the managing director and marketing director of Rhino Consulting Business Service Ltd, a Hong Kong- based financial services…

KBRA Releases Third-Quarter 2025 U.S. Bank Compendium

November 14, 2025

Bank Compendium, providing the latest view of the U.S. banking industry and analysis of 3 Q25 results for publicly traded U.S. banks with KBRA ratings. In this edition, we examine how KBRA-rated banks continue to benefit from rate cuts by the Federal Open Market Committee that began in late 2024. The Compendium includes 3 Q25 summaries on all publicly traded U.S….

Forecast: Uncertainty now, but no recession on horizon

November 14, 2025

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….

30-year mortgage rate edges up to 6.24%

November 14, 2025

The average rate on a 30- year U.S. mortgage edged higher for the second week in a row, though it remains near its low point so far this year. Mortgage rates are influenced by several factors, from the Federal Reserve's interest rate policy decisions to bond market investors' expectations for the economy and inflation. They generally follow the trajectory of the…

PRESIDENT BOSTIC SPEAKS AT ATLANTA ECONOMICS CLUB

November 14, 2025

The following information was released by the Federal Reserve Bank of Atlanta:. Federal Reserve Bank of Atlanta. Federal Reserve Bank of Atlanta president and CEO Raphael Bostic discusses his outlook for the macroeconomy and monetary policy at the monthly meeting of the Atlanta Economics Club on November 12.

MONEY TALKS: HOW FOREIGN AND DOMESTIC MONETARY POLICY COMMUNICATIONS MOVE FINANCIAL MARKETS

November 14, 2025

The following information was released by The Bank of Canada:. We construct a high-frequency dataset that documents the impact of Federal Reserve and Bank of Canada rate announcements, speeches, press conferences and minutes releases to Canadian financial markets between 1997 and 2023. Since BoC communications have little effect on U.S. interest rates,…

Wall Street tumbles as Nvidia slides, investors fret that Fed may slow rate cuts

November 14, 2025

Wall Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations of interest rate cuts due to inflation worries and divisions among central bankers about the U.S. economy's health. All three major U.S. stock indexes posted their steepest daily percentage declines in over a month.

Boston Omaha Corporation Announces Third Quarter 2025 Financial Results

November 13, 2025

Boston Omaha Corporation announced its financial results for the third quarter ended September 30, 2025, in connection with filing its Quarterly Report on Form 10- Q with the Securities and Exchange Commission. During the third quarter of fiscal 2025,“ Net Other Expense” included an unrealized loss of $1.5 million on the Sky Harbour warrants held by Boston…

MODERN CENTRAL BANKING: MONETARY POLICY IMPLEMENTATION AND COMMUNICATION

November 13, 2025

The following information was released by the Federal Reserve Bank of San Francisco:. Institute of International and European Affairs. I am delighted to be in Dublin again and speaking to all of you.Thank you very much for having me.

CHICAGO FED ANNUAL ECONOMIC OUTLOOK SYMPOSIUM

November 13, 2025

The following information was released by the Federal Reserve Bank of Chicago:. Federal Reserve Bank of Chicago President and CEO Austan Goolsbee will participate in a moderated QandA at the Chicago Fed's 2025 Economic Outlook Symposium on December 12 in Chicago, Illinois. The discussion, moderated by CNBC Senior Economics Reporter Steve Liesman, will begin…

The penny’s slow fade: what it means for Grand Rapids and beyond

November 13, 2025

The U.S. Mint recently confirmed that it has placed its final order for penny blanks, meaning no new pennies will be made once the current stock runs out. According to the Federal Reserve, only about 14% of all consumer payments in the U.S. were made with cash last year— and that number is shrinking every year. At grocery stores and gas stations around Grand Rapids, card…

The unprecedented government shutdown will weigh on a US economy already under stress

November 13, 2025

The shutdown also cut off the flow of economic data on jobs, inflation, and consumer spending, which could lead the Federal Reserve to skip what had been an expected interest rate cut at its next meeting in December. “The shutdown has been harmful to the U.S. economy and to critical data collection about employment, prices and more, "said Heather Long, chief economist…

Carter Bank Joins the Federal Reserve Bank of Richmond as a State Member Bank

November 13, 2025

Carter Bankshares, Inc. today announced that Carter Bank, its wholly-owned banking subsidiary headquartered in Martinsville, Virginia, has received approval to become a state member bank and be regulated by the Board of Governors of the Federal Reserve System through the Federal Reserve Bank of Richmond. The Company and Carter Bank will also continue to be…

Fintech Pioneer Bill Harris To Share Year-End Investment Playbook to Help Consumers Reduce Taxes and Strengthen After-Tax Outcomes

November 13, 2025

With just under two months left in the year, U.S. consumers have just enough time to make financial moves that can impact their 2025 taxes. Evergreen Wealth, a digital Registered Investment Advisor that provides tax-aware investment management and AI-powered financial advice to affluent and high-net-worth clients seeking to build long-term wealth, today…

First Fed CEO to focus on community banking

November 13, 2025

Speaking during a Coffee with Colleen online forum with Clallam County Economic Development Council Executive Director Colleen McAleer, Curt Queyrouze said status comes with responsibility. Before joining First Fed, Queyrouze was president of Coastal Community Bank in Everett and earlier served as president and CEO of TAB Bank in Ogden, Utah.

Report: Employers in dumps over shutdown fallout

November 13, 2025

BOSTON— The prolonged federal government shutdown is bad for business, according to a new report, which found pessimism is increasing among the state's employers as the stalemate in Congress grinds on. "The economy remains resilient with the Federal Reserve noting that economic activity' has been expanding at a moderate pace.' At the same time, the labor market is…

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