branch of the Federal Reserve covering New England
Fed’s Collins Sees No Urgency to Cut Interest Rates in Near Term: Federal Reserve Bank of Boston President Susan Collins reiterated she sees no urgency to cut ...
bloomberg.com/news/articles/2024-04-12/fed-s-collins-sees-no-urgency-to-cut-interest-rates-in-near-term
Paid articlePaid
Boston Fed president Susan Collins still sees rate cuts this year: But the central bank may begin lowering borrowing costs later and make fewer cuts than Wall ...
bostonglobe.com/2024/04/11/business/federal-reserve-rate-cut-forecast/
The Dow plunges more than 550 points as inflation and Israel-Iran tensions rise: Trump Media stock hit a new low, while Intel and AMD also fell as the U.S ...
qz.com/dow-jones-inflation-israel-iran-oil-bank-earnings-1851407318
BECMA more than doubles grants and businesses supported last year, report says: Among the accomplishments listed in the report, BECMA supported more than 400 ...
bostonglobe.com/2024/04/22/metro/black-economic-council-of-massachusetts-report/
Dollar firms on mixed central bank views, Middle East risk lifts oil
reuters.com/markets/global-markets-wrapup-1-2024-04-12/
World Economy Latest: Why the US Job Market Isn’t So Hot After All: I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at Rich ...
bloomberg.com/news/newsletters/2024-04-04/world-economy-latest-why-the-us-job-market-isn-t-so-hot-after-all
Last year, US banks added 94 new branches across the country in 2023, according to the FDIC.
This marks the first annual period since 2012 more branches ... Show more finance.yahoo.com/news/banks-are-building-more-branches-for-the-first-time-in-a-decade-130835898.html
Morning Bid: Markets reel on Fed cut doubts, ECB up next: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-11/
Less than half of U.S. banks ready to borrow from Fed in emergency: A year after Silicon Valley Bank's failure, less than half of U.S. banks have established ...
reuters.com/business/finance/less-than-half-us-banks-ready-borrow-fed-emergency-2024-04-12/
Fed’s Jeffrey Schmid Rejects Preemptive Rate Cuts, Favors ‘Patient’ Approach: A slew of Federal Reserve officials emphasized Friday that there is no urgency to ...
bloomberg.com/news/articles/2024-04-12/fed-s-schmid-rejects-preemptive-cuts-amid-lingering-inflation
US Economy Has 'Expanded Slightly' Since Late February, Fed Beige Book Says
bloomberg.com/news/articles/2024-04-17/us-economy-expands-slightly-inflation-modest-fed-beige-book
Dollar firms on mixed central bank views, Middle East risk lifts oil
reuters.com/markets/global-markets-wrapup-1-2024-04-12/
European stocks gain, dollar tall as traders cut Fed easing bets - Markets - The Jakarta Post
thejakartapost.com/business/2024/04/12/european-stocks-gain-dollar-tall-as-traders-cut-fed-easing-bets.html
Consumers’ bad feelings about economy are ‘important,’ Boston Fed president says: In a conversation with MarketWatch, Susan Collins says she is wary of a ...
marketwatch.com/story/consumers-bad-feelings-about-a-good-economy-shouldnt-be-ignored-boston-fed-president-says-30ba32c1
Some Massachusetts restaurants had an ‘exceptionally weak’ start of the year: Was Dry January to blame?
bostonherald.com/2024/03/07/some-massachusetts-restaurants-had-an-exceptionally-weak-start-of-the-year-was-dry-january-to-blame/
How Fast Will the Fed Cut Rates? Officials Say It Depends on Economic Data: Three Federal Reserve officials said the pace of interest-rate cuts will depend on ...
bloomberg.com/news/articles/2024-02-28/fed-officials-emphasize-data-to-guide-pace-of-interest-rate-cuts
Fed's Collins repeats it is 'likely' rate cuts will begin this year: The Federal Reserve will likely need to start cutting its benchmark overnight lending rate ...
reuters.com/markets/rates-bonds/feds-collins-repeats-it-is-likely-rate-cuts-will-begin-this-year-2024-02-28/
Federal Reserve's preferred inflation gauge picked up last month in sign of still-increased prices
pbs.org/newshour/economy/federal-reserves-preferred-inflation-gauge-picked-up-last-month-in-sign-of-still-increased-prices
Quick Glance: Inflation Drops: Impact on Your Money
- Germany's inflation hits lowest level since June 2021, affecting consumers.
- Rising prices have burdened private consumption and the German economy.
- Experts predict further inflation decrease, yet caution prevails.
- CO2 price hikes and VAT rate changes impact inflation factors, as food prices rise.
Black Bostonians group calls for $15 billion in reparations for slavery, discrimination
bostonherald.com/2024/02/19/black-bostonians-group-calls-for-15-billion-in-reparations-for-slavery-discrimination/
Fed’s Collins Sees Interest-Rate Cuts Coming ‘Later This Year’: Federal Reserve Bank of Boston President Susan Collins said she’s looking for more evidence that ...
trib.al/GSJPFY5
Federal Reserve Officials Temper Interest-Rate Cut Expectations: Four Fed officials suggested Wednesday they don’t see an urgent case for lowering interest rates ...
bloomberg.com/news/articles/2024-02-07/federal-reserve-officials-temper-expectations-for-rate-cuts-soon
Paid articlePaid
Former Fed officials’ trades gave ‘appearance of conflict’ but did not break rules
ft.com/content/68971b1d-37d3-45ae-a7d7-c4f03189e416
Boston liquor license costs are too high for restaurant owners: A shortage of licenses makes for a system stacked against small businesses and Black ...
bostonglobe.com/2024/01/30/magazine/boston-restaurants-need-liquor-licenses-the-problem-is-getting-one/
Massachusetts unemployment rose in December: The state’s jobless rate rose to 3.2 percent last month from 2.9 percent in November. The increase came as the ...
bostonglobe.com/2024/01/19/business/unemployment-jobs-growth-labor-department-fed/
Critics of the wealth gap might argue that Boston fixed it. Not close: Understanding the individual disparities that make up Boston’s overall racial wealth gap ...
bostonglobe.com/2023/12/18/metro/charts-showing-racial-wealth-gap-causes-in-boston/
As US job market softens, gains of minority groups hang in the balance: Economists who have studied employment during the recovery from the coronavirus pandemic ...
reuters.com/markets/us/us-job-market-softens-gains-minority-groups-hang-balance-2023-11-27/
Wall Street barely gains as traders digest earlier gains, Fed comments: Wall Street's three major indexes edged up slightly on Friday as investors digested ...
reuters.com/markets/us/futures-drift-higher-yields-slip-2023-11-17/
Quick Glance: Wall Street Sees Slight Gains Amid Fed Comments Uncertainty
- Wall Street's three major indexes saw slight gains as investors processed recent gains and faced uncertainty over interest rate cuts due to remarks from Federal Reserve officials.
- Both the S&P 500 and the Nasdaq, as well as the Dow, recorded their third consecutive week of gains.
- Despite a muted session for the major indexes, Per Stirling's Phipps highlighted strength in more cyclical sectors.
- The S&P 500 posted 18 new 52-week highs and 1 new low; the Nasdaq Composite recorded 55 new highs and 97 new lows.
Taylor Swift and Jerome Powell: A pair of economic titans: Time made Taylor Swift its 2023 Person of the Year. But for the first annual Trendlines Business ...
bostonglobe.com/2023/12/15/business/taylor-swift-jerome-powell-are-an-unlikely-pair-economic-titans/
Fed Officials Thought Rates Could Rise More if Inflation Stayed Stubborn: Minutes from the Federal Reserve’s early November meeting suggested another rate ...
nytimes.com/2023/11/21/business/economy/fed-rates-inflation.html
Rupee likely to inch up on more dollar losses; eyes oil prices
reuters.com/markets/currencies/rupee-likely-inch-up-more-dollar-losses-eyes-oil-prices-2023-11-20/
Susan Collins is upbeat on economy: Susan M. Collins said Friday that she hopeful inflation can be tamed without triggering a painful recession.
bostonglobe.com/2023/11/17/business/susan-collins-boston-fed/
How the Fed should think about its inflation goals: The central bank's "framework review" is on track to begin in 2024 and conclude in 2025.
axios.com/2023/11/20/fed-inflation-goals
Fed's Collins says central bank may have to hike again if data calls for it: Federal Reserve Bank of Boston President Susan Collins said Wednesday while the odds ...
reuters.com/markets/us/feds-collins-says-central-bank-may-have-hike-again-if-data-calls-it-2023-10-11/
Federal Reserve Bank of Boston President Susan Collins says rates “are likely very near, and perhaps at, the peak for this tightening cycle” trib.al/1tDp4uK
S&P 500, Nasdaq fall with data, geopolitics offsets strong results: The S&P 500 and the Nasdaq closed lower on Friday as deteriorating consumer sentiment data ...
reuters.com/markets/us/futures-edge-lower-ahead-big-bank-earnings-2023-10-13/
US economists said unemployment would spike. Why they were wrong.: Economists predicted last year that the Federal Reserve jacking up interest rates to combat ...
csmonitor.com/USA/2023/0925/US-economists-said-unemployment-would-spike.-Why-they-were-wrong
Paid articlePaidQuick Glance: US job market defies rising interest rates and high unemployment
- Last year's inflation spike was painful, but the job market remained resilient.
- Economists predicted dire consequences from rate hikes, but the economy has shown unexpected durability.
- How is the Fed managing to combat inflation without causing negative effects?
- Can the job market stay strong despite the Fed's intention to keep rates high?
Wall Street falls as Treasury yields rise, investors digest inflation data: Wall Street's main indexes closed lower on Thursday after a U.S. Treasury auction ...
reuters.com/markets/us/futures-rise-treasury-yields-drop-ahead-inflation-data-2023-10-12/
Fed has yet to face final reckoning two years after trading scandal: Two years after the presidents of the Dallas and Boston Federal Reserve banks left their ...
reuters.com/business/finance/fed-has-yet-face-final-reckoning-two-years-after-trading-scandal-2023-10-04/
Fed leaves rates unchanged as it debates economy’s next steps: The move leaves the Fed’s baseline policy rate at a level between 5.25 and 5.5 percent ...
washingtonpost.com/business/2023/09/20/fed-september-meeting-inflation/
Quick Glance: US Federal Reserve Maintains Steady Interest Rates - Temporarily
- In March 2022, the bank already raised interest rates from near zero to cool the economy and control price inflation.
- They also anticipate higher interest rates next year compared to previous forecasts.
- The US announcement precedes the Bank of England's meeting on Thursday, as it tackles its own inflation challenges.
- The widely expected rate increase by the Bank has not been announced.
The Langham, Boston Reviews & Prices | U.S. News Travel: The Langham, Boston is ranked by U.S. News as one of the Best Hotels in USA for 2023. Check prices ...
travel.usnews.com/hotels/review-the_langham_boston-boston-massachusetts-17479/
FedNow service aims to hasten online payments: FedNow is a behind-the-scenes system that any bank can plug into to build instant payments into their online and ...
bostonglobe.com/2023/10/16/business/fednow-online-payments/
Inflation is toast — even if the Fed won’t say so yet: Inflation has cooled significantly — from more than 9 percent in June 2022 to 3 percent a year later — but ...
bostonglobe.com/2023/09/11/business/inflation-fed-cpi/
Quick Glance: Massa blames IMF for August inflation surge
- Economy Minister Sergio Massa blames the IMF for the sharp increase in inflation last month.
- Massa criticizes the IMF's devaluation of the peso and the PAIS tax as burdensome measures for the economy.
- Massa emphasizes that strengthening the peso is the best way to combat inflation and regain Argentina's autonomy and sovereignty.
- The statement allows Massa to criticize the multilateral organization lending billions to Argentina and also attack his main opponent, Javier Milei, who advocates for the dollarization of the Argentine economy.
Job market slowdown fuels bets Fed will hold fire on rates this year: US job vacancies drop in July to lowest level since March 2021 as higher borrowing costs ...
ft.com/content/dba6d3e8-374d-4e8b-a041-079cc670665f
Paid articlePaidQuick Glance: Job market slowdown raises speculation on interest rate increases
- US job vacancies drop in July to lowest level since March 2021 as higher borrowing costs weigh on the economy.
- US job openings dropped to the lowest level in over two years in July and fewer Americans quit their positions, fueling expectations that the labor market is cooling enough for the Federal Reserve to forego further interest rate increases this year.
- There were 8.8 million job vacancies in July, down from 9.2 million in June, according to the Labor Department's survey released on Tuesday.
- The number of voluntary job quits also declined, indicating that workers see fewer opportunities in the job market.
Fed’s Collins Says Patience Needed, Further Tightening Possible: Federal Reserve Bank of Boston President Susan Collins said policymakers will need to be patient ...
bloomberg.com/news/articles/2023-09-06/fed-s-collins-says-patience-needed-further-tightening-possible
Fed can stop hiking rates if economy slows at current pace, Rosengren says: The Federal Reserve can end its interest rate hiking cycle if the labor market and ...
reuters.com/markets/rates-bonds/fed-can-stop-hiking-rates-if-economy-slows-current-pace-rosengren-says-2023-08-30/
Quick Glance: Fed Can Halt Rate Hikes with Economic Slowdown
- The Federal Reserve can end its interest rate hiking cycle if the labor market and economic growth continue to slow gradually.
- As long as we are gradually reaching 2% inflation, there is no reason to hike further from here.
- Data released on Wednesday showed a significant slowdown in private payroll growth in August, while the personal consumption expenditures price index (PCE) excluding food and energy advanced at a downwardly revised 3.7% rate in the second quarter.
- Auto prices are expected to decline and banks will continue to slow their lending, putting the brakes on economic growth and inflation through the end of the year.
Wall St slides as economic data stokes inflation and interest rate worries: Wall Street's three major averages closed lower on Wednesday with the Nasdaq's 1% ...
reuters.com/markets/us/futures-fall-investors-await-more-economic-data-assess-fed-rate-path-2023-09-06/
Fed Jackson Hole News 2023: Harker, Bullard, Collins Speak on Rates: European Central Bank Governing Council member Boris Vujcic said officials need more data ...
bloomberg.com/news/articles/2023-08-24/fed-latest-central-bankers-gather-for-jackson-hole-conference
Quick Glance: Powell: Economy's Strength May Require More Interest Rate Increases
- Economic growth may require more interest rate increases, says Powell
- Higher loan rates make it harder to afford homes and cars
- Fed believes its key rate is high enough to restrain growth
- Even without further rate hikes, the Fed may keep its benchmark rate elevated to contain inflation
A 3% Fed Inflation Target? Powell Should Stick to His Promises. : If the Federal Reserve lived up to its policy promises, it would be targeting inflation at 1% ...
barrons.com/articles/the-fed-inflation-target-economy-34b0eab7
Paid articlePaid US summer lull yields a 'soft-landing' data trove for Fed: Data since the Federal Reserve's last policy meeting has added to the impression the U.S ...
reuters.com/markets/us/us-summer-lull-yields-soft-landing-data-trove-fed-2023-09-01/
U.S. Federal Reserve officials flag further hikes even after holding steady: Comments on Friday by Fed policy-makers were tempered by words like ‘patience ...
theglobeandmail.com/business/international-business/us-business/article-feds-susan-collins-says-further-interest-rate-hikes-not-off-the-table/
Paid articlePaid Boston Fed’s second-in-command will retire after four decades with the Federal Reserve
bostonglobe.com/2023/10/02/business/boston-feds-second-in-command-will-retire-after-four-decades-with-federal-reserve/
The US job market has defied expectations in face of rising interest rates. Here's why.
omaha.com/news/nation-world/business/economy/us-job-market-unemployment-rate-hikes/article_0313b499-ab5b-54e7-9834-5dddf4f56566.html
Stock market news today: Fed official says more rate hikes possible: Boston Fed President Susan Collins said policymakers should remain patient ...
markets.businessinsider.com/news/stocks/stock-market-news-today-fed-rate-hike-outlook-susan-collins-2023-9
Oil, the dollar, and the Fed still threaten the US economy, BofA says: Don't rule out a hard landing for the US economy just yet, a team of strategists led by ...
businessinsider.com/recession-economy-hard-landing-oil-dollar-federal-reserve-bofa-hartnett-2023-9
Paid articlePaid Stock Market News: Dow tumbles as possible rate hikes spooks investors: Shares of Apple, Nvidia, and Tesla all moved lower in Wednesday's session as September ...
markets.businessinsider.com/news/stocks/stock-market-news-dow-fed-rate-hikes-traders-investors-policy-2023-9
Stock market news today: Nvidia-led rally fizzles ahead of Jackson Hole: Indexes dropped despite Nvidia stock hitting an all-time high after the chipmaker's ...
markets.businessinsider.com/news/stocks/stock-market-news-today-nvidia-fed-jackson-hole-jerome-powell-2023-8
Morning Bid: Restive markets simmer after oil sideswipe: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2023-09-06/
Quick Glance: Market Unrest After Oil Crisis: Impact on Inflation and Central Banks
- At least the easy wins on the path to disinflation seem to have already been achieved, and central banks now have to fight harder to bring inflation down to the 2% target.
- The Bank of Canada will review its policy on Wednesday as the latest G7 central bank to do so.
- The more complex inflation situation contrasts with this week's negative business surveys from Europe and Japan.
- For now, expectations in the futures market for the Fed's September 20 meeting remain unchanged, indicating that the US central bank's tightening campaign is over.
Is the digital dollar dead?: Prominent politicians want to make sure a central bank digital currency never happens in the US—just as we’ve learned the basics of ...
technologyreview.com/2023/07/21/1076645/is-the-digital-dollar-dead/
Podcast: When Will the Commercial Real Estate Market Hit Bottom?: Nobody knows, says Real Estate Roundtable Chair John Fish. “We can’t evaluate price discovery ...
bloomberg.com/news/articles/2023-07-21/podcast-when-will-the-commercial-real-estate-market-hit-bottom
Activists split over whether reparations should go to Black immigrants: In the fight for reparations, the Black community has split over whether immigrants ...
washingtonpost.com/nation/2023/07/20/reparations-eligibility-black-immigrants/
The Federal Reserve Bank of St. Louis announced Thursday that its president, James Bullard, has stepped down from his role and will leave the bank on August 14 ... Show more yhoo.it/3rqyZfI
On interest rates and Fed policy, Susan M. Collins believes it takes ‘a little bit of humility’
bostonglobe.com/2023/08/02/business/interest-rates-fed-policy-susan-m-collins-believes-it-takes-little-bit-humility/
The Federal Reserve’s “interest rate" is arguably the most important number in the US economy. But what does the Fed actually do?
Listen to the latest ... Show more
Say More with Shirley Leung: Big ideas are born in Boston.
bostonglobe.com/opinion/podcasts/say-more/
Banks serving as guinea pigs for Federal Reserve’s instant payments system: The Fed's goal is to connect 9,000 financial institutions nationwide.
arstechnica.com/tech-policy/2023/07/banks-serving-as-guinea-pigs-for-federal-reserves-instant-payments-system/
How central banks are moving into e-money: Designing a digital currency that works—but not too well
economist.com/special-report/2022/04/20/how-central-banks-are-moving-into-e-money
Here’s what it takes to be a one-percenter in Mass.: Plus: Boston Fed president’s salary is disclosed, and regulators give banks some breathing room on ...
bostonglobe.com/2023/07/17/business/heres-what-it-takes-be-one-percenter-mass/
Yellen’s Debt Limit Warnings Went Unheeded, Leaving Her to Face Fallout: The Treasury secretary, who considered ways to contain the fallout of a default when she ...
nytimes.com/2023/05/27/us/politics/yellen-debt-limit.html
Quick Glance: Imminent Risk of Government Cash Shortage
- Treasury Secretary Yellen warns of potential payment default if debt limit is not raised or suspended soon.
- Yellen takes extraordinary measures to ensure sufficient cash on hand for government operations.
- Scheduled payments of over $130 billion, including payments to veterans and Social Security and Medicare recipients, are planned for the first week of June.
- Yellen's multiple letters to Congress emphasize the potential economic consequences of failing to raise the debt limit before the U.S. government runs out of cash to honor its obligations.
Yellen’s Debt Limit Warnings Went Unheeded, Leaving Her to Face Fallout: The Treasury secretary, who considered ways to contain the fallout of a default when she ...
nytimes.com/2023/05/27/us/politics/yellen-debt-limit.html
Fed's watchdog defends work before Senate amid questions over his independence: The Federal Reserve’s in-house watchdog defended his agency's independence and ...
reuters.com/markets/us/feds-watchdog-defends-work-before-senate-amid-questions-over-his-independence-2023-05-17/
Problems are mounting in the economy, big companies say, and another Fed rate hike may be one too many
cnbc.com/2023/05/03/why-one-more-fed-rate-hike-may-be-one-too-many-according-to-cfos.html
Best hotels in Boston, including the Four Seasons and the Fairmont - The Points Guy
thepointsguy.com/guide/best-hotels-boston/
Nvidia fuels Wall Street gains; gold falls to 2-month low: Shares of Nvidia surge over 24% on Thursday, May 25, after the firm reported forecast-smashing revenue
rappler.com/business/updates-global-stock-markets-currencies-oil-prices-may-25-2023/
Fed’s Collins Says Some More Tightening Needed, Banks Are Strong: Federal Reserve Bank of Boston President Susan Collins said the banking system is sound and ...
bloomberg.com/news/articles/2023-03-30/fed-s-collins-says-some-more-tightening-needed-banks-are-strong
Morning Bid: Dogged inflation shades rebound: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2023-03-31/
Fed Officials See More Work on Inflation Despite Bank Strains: Federal Reserve officials continued to stress the need to lower inflation even as they keep an eye ...
bloomberg.com/news/articles/2023-03-30/fed-officials-see-more-work-on-inflation-despite-bank-strains
Gold ticks up as traders eye U.S. economic data: Gold prices edged up on Thursday, helped by a softer dollar as investors lie in wait for economic data to gauge ...
reuters.com/world/india/gold-prices-dip-bank-angst-recedes-2023-03-30/
Indexes jump on inflation data; Nasdaq posts best quarter since 2020: Wall Street rallied more than 1% on Friday and the Nasdaq notched its biggest quarterly ...
reuters.com/markets/us/futures-muted-investors-await-key-inflation-data-2023-03-31/
Fed may stick with one more rate hike even as inflation cools: (Reuters) -Federal Reserve policymakers may take some comfort from data on Friday showing a key ...
finance.yahoo.com/news/fed-seen-fence-interest-rate-133631585.html
Boston Fed President Susan Collins tells @mckonomy that she sees some "positive news" in the core PCE US inflation data https://trib.al/bzeWyzN
State-owned Bank of North Dakota's unique structure garners attention in wake of banking crisis
foxbusiness.com/markets/state-owned-bank-of-north-dakotas-unique-structure-garners-attention-wake-banking-crisis
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