Pickup in CFO Optimism Continues in Q1
The growing optimism "is evident in the robust expectations firms have for revenue and employment growth in 2021," according to The CFO Survey.
Fed Nixes Further Capital Relief for Banks
The Fed's decision means banks can no longer exclude Treasury bonds and deposits held at the central bank from their supplementary leverage ratio.
Fed Holds Line on Rates Despite Rising Prices
The central bank expects to maintain ultralow rates until “inflation has risen to 2 percent and is on track to moderately exceed 2 percent for some time.”
U.S. Consumer Prices Increase 0.4% in February
Economists expect the rise in prices to continue into the summer, pushing inflation past the Federal Reserve’s 2% target.
Rare Outage Takes Fed Payment Systems Offline
Fedwire and FedACH were among the key systems affected by the outage, which the Fed blamed on an "operational error."
Early Days of the Biden Presidency: The Quiz
How much have you been following the first few weeks of the Biden administration? Take our quiz to find out.
A Financed Emissions Standard for Banks
The PCAF standard is a response to the growing recognition that financial institutions play a key role in shaping the future of our planet.
Banks Paused Tightening in Q4
Many U.S. financial institutions left loan standards unchanged for business and real estate credits, as demand weakened.
CFO Optimism Continues to Grow Despite Virus
The fourth-quarter CFO Survey indicates that finance chiefs are "seeing over the cloud of the pandemic."
Fed Lifts Freeze on Bank Share Repurchases
The Fed voted 4-1 to ease restrictions on buybacks and dividends it had imposed to ensure banks preserved capital amid the coronavirus pandemic.
Biden to Name Ex-Fed Chair Yellen to Lead Treasury
"Janet Yellen is brilliant ... and seems to be popular in all factions, from the financial markets to Main Street."