CNW CurrenSees Exploring the policies, markets and global events influencing currencies and the movement of money worldwide July 14, 2026 – via CurrencyNewsWire — Federal Reserve Governor Christopher Waller said U.S. monetary policy has reached a “crossroads,” warning that the Federal Reserve may need to tighten policy if core inflation remains elevated. Although consumer spending, business investment and […]
Economic News
The following information was released by the Federal Reserve Board:. Spending by households and businesses has been resilient, despite higher goods costs generated by tariffs and the surge in energy prices from the Middle East conflict. After the Middle East conflict disrupted production and transportation of petroleum and other commodities, this…
NEW YORK— The U.S. central bank may need to raise interest rates "in the near term" if coming data show inflation continuing well above the 2% target, Federal Reserve Governor Christopher Waller said Monday, in remarks that characterized monetary policy as being at a "crossroads." Waller told the New York Association for Business Economics that he'll be leaning…
—The Federal Reserve left interest rates unchanged last month, but its latest projections showed a committee that is increasingly divided over what comes next. The median Fed official expects the federal funds rate to end the year at 3.8%, essentially where it is today. But the median hides an important shift beneath the surface.
—Federal Reserve Chair Kevin Warsh said Tuesday that the Fed will make high inflation“ a thing of the past, "yet he provided no signal about the central bank's next steps. Fed policymakers“ have no tolerance for persistently elevated inflation,” Warsh said in his first appearance before Congress since becoming chair May 22, replacing former chair Jerome Powell.“ And…
NEW YORK- Activist investors in the U.S. must disclose the identities of their clients in regulatory filings, the Securities and Exchange Commission said, a move that may rattle hedge funds by requesting information they long fought to keep secret. The SEC's new guidance on its Corporate Finance Interpretations clarifies how the agency views its rules on…
2026 JUL 13– By a News Reporter-Staff News Editor at CDC& FDA Daily– Investigators publish new report on Coronavirus- COVID-19. For more information on this research see: Risk Preferences At the Time of Covid-19: an Experiment With Professional Traders and Students. Journal of Behavioral and Experimental Finance, 2026; 50. Journal of Behavioral and Experimental…
Home borrowing costs climbed for the second consecutive week as the average long-term U.S. mortgage rate approached 6.5 percent, dealing another blow to prospective buyers in a persistently sluggish housing market, according to Freddie Mac. The upward trajectory in rates closely tracks the movement of the 10- year Treasury yield, which serves as the primary…
Congress returns to Washington, D.C. today with both chambers' versions of the FY27 National Defense Authorization Act on the agenda, although it is unclear if each will have the votes to tackle the bills this week. Also on Capitol Hill, acting CFPB Director Russell Vought will testify before the House Financial Services Committee Wednesday and the Senate…
The following information was released by the Federal Reserve Board:. Our efforts in the United States have been progressing swiftly over the past year, and most jurisdictions around the world have undertaken similar reviews of their respective regulatory and supervisory financial system frameworks. Today, I will outline these principles, and I will share…
“From where we sit, the outlook may call for positioning that is less a bet on catastrophe than an insistence on being paid to wait– on cash flows, uncorrelated return streams, and discipline on long-duration equity,” says Mrs. Burton. With the Federal Reserve leaning hawkish and the 10- year Treasury near 4.5%, Mrs. Burton urges allocators to stay invested in quality…
—American consumers— and the Federal Reserve— are being hit with another high-cost headache. While it won't be as large a spike as occurred in 2021-2023, when inflation peaked at 9.1%, massive AI spending is likely to keep prices rising more quickly than the Federal Reserve would like. Inflation last month likely cooled as gasoline prices have fallen after a…
Despite Oklahoma's relatively slow job growth last year, Tulsa is faring better, an economist with the Federal Reserve Bank of Kansas City said. "One pocket of real strength across the state has been Tulsa," said Cortney Cowley, Oklahoma City branch executive and assistant vice president for the KC Fed. Cowley also serves as a special adviser on agriculture to Miki…
The head of BOK Financial— a $54 billion Tulsa- based institution with operations now in eight states— expressed optimism about the economy in Oklahoma and the U.S. In a wide-ranging interview with the Tulsa World last week, Kymes expressed his opinions on the banking industry, the new chairman of the Federal Reserve and Tulsa's economy. Kymes said he was recently…
The Supreme Court has recognized the Federal Reserve as a special case among the government's numerous independent agencies— one that requires protection from White House interference. "If the very idea of independent agencies violates the constitutional separation of powers, as the FTC ruling contends, what makes the Fed so special? In the FTC case, the court…
The Economist ran a memorable front-page cover in 2006 when Ben Bernanke replaced Alan Greenspan as Federal Reserve Chairman. Kevin Warsh replaced Jerome Powell in June as the Fed's chairman. According to the Congressional Budget Office, our government is set to run budget deficits of at least $2 trillion, or 6 percent of GDP, annually for as long as the eye can…
The important decisions of the Supreme Court of the United States this summer include two regarding the limits of presidential power. At the same time, the Court also has ruled that the Federal Reserve does not fall under this general executive rule. In the late 1950 s, economist William Phillips at the London School of Economics discovered a strong inverse…
A gambling tax hike in the Netherlands has fallen well short of its projected revenue target, according to a recent analysis by iGaming Business. For bettors in Pennsylvania and across the U.S., the Dutch shortfall is worth watching. What happened in the Netherlands.
2026 JUL 10– By a News Reporter-Staff News Editor at CDC& FDA Daily– Research findings on CDC and FDA are discussed in a new report. The news correspondents obtained a quote from the research from the Federal Reserve Bank of Boston,“ It finds that the spending response to these payments is similar on impact to the response to a temporary change in regular income, and…
