Lael Brainard

FOMC Statement: No Change to Policy

No surprises.<br>FOMC Statement:<br>Information received since the Federal Open Market Committee met in June indicates that the labor market has continued to …

Federal Reserve

Transcript: Audience Q&A With Federal Reserve Board Governor Lael Brainard

Federal Reserve

Oil price rise hurts consumers, helps sector in U.S.: Fed official

NEW YORK (Reuters) - The rise in oil prices has a balanced effect on the U.S. economy, pinching consumers but boosting the energy sector, Federal Reserve Governor Lael Brainard said on Thursday.<p>“As oil prices have gone up ... it is seen as taking some disposable income out of the pocket of …

Federal Reserve

No Compelling Need For Federal Reserve Cryptocurrency, Says Fed Governor Brainard

Federal Reserve Governor Lael Brainard said Tuesday night that a cryptocurrency from the Fed or another central bank could risk creating a global target for cyberattacks or provide a ready means of money laundering.<p>“There is no compelling demonstrated need,” Brainard told a digital currency forum …

Cryptocurrency

Fed's Brainard sees no compelling case for Fed digital currency

SAN FRANCISCO (Reuters) - Delivering what may be one of the U.S. central bank’s most detailed critiques of cryptocurrencies to date, Federal Reserve Governor Lael Brainard on Tuesday said digital coins pose “serious” challenges, and she all but dismissed the possibility that the Fed could enter the …

Federal Reserve

Fed's Brainard: U.S. outlook consistent with 'continued gradual' rate hikes

© Reuters. FILE PHOTO: Federal Reserve Board Governor Lael Brainard speaks at Harvard University in Cambridge<p>WASHINGTON (Reuters) - Federal Reserve …

Economic Data

Fed governor Brainard says 'premature' to revisit liquidity, capital rules

© Reuters. Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard University in …

Federal Reserve

Fed's Brainard says new rules needed to help lending in poor areas

WASHINGTON (Reuters) - Federal Reserve Governor Lael Brainard on Tuesday said she supports updating banking regulations to help credit flow to low-income areas.<p>Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard University in Cambridge, …

Economy

Transcript: Audience Q&A With Fed’s Lael Brainard at New York University

Fed governor talks about fiscal stimulus, interest-rate increases and cryptocurrencies<p>Sign in or subscribe for access to peerless insight & analysis, curated data & interactives, and networking events.

Economics

Fed Governor Calls Out Crypto Market 'Volatility'

A member of the Federal Reserve's board of governors called bitcoin and other cryptocurrencies out for their "extreme volatility" on Tuesday, but …

Cryptocurrency

Fed may want to require banks to hold more capital to head off financial stability risks, Brainard says

“It “may become appropriate” for the Federal Reserve to ask the nation’s largest banks to boost their capital levels to protect against financial …

New York University

Gold Prices Give Up Some Gains as Investors Creep Back to Risk Assets

Investing.com - Gold prices moved lower on Tuesday, trimming some of the previous day’s gains as traders crept back into risk assets and U.S. stocks …

Stock Markets

Fed watching for financial shocks as risks build: Brainard

© Reuters. FILE PHOTO: Federal Reserve Board Governor Lael Brainard speaks at Harvard University in Cambridge<p>NEW YORK (Reuters) - High asset prices …

Economy

Federal Reserve

12:03 PM ET Tue, 3 July 2018<p>A look at today’s Federal Reserve indicates that President Trump might have little resistance to gaining total control of …

Federal Reserve

Struggling To Stay Positive

<i>By Stephen Innes</i><p>Markets are struggling to stay positive given the torrents of potential headwinds. Whether it's the White House revolving door, an …

Business

Powell's Fed to show policy caution, shun political friction

© Reuters. FILE PHOTO: Federal Reserve Chairman Jerome Powell delivers the semi-annual Monetary Policy Report to the House Financial Services …

Economy

N.Y. Fed Narrows Dudley Successor Search to ‘Handful’ of People

Directors at the Federal Reserve Bank of New York said they had narrowed their search for the bank’s next president to a “handful of final …

Economics

Goldman, JPMorgan See Chance U.S. Unemployment Drops Below 3%

U.S. unemployment is primed to fall significantly further and could drop below 3 percent for the first time since 1953, the year central bank chief …

Federal Reserve

Goldilocks And The Liquidity Bears

While most investors and pundits are currently focused on optimistic analyst earnings estimates for the coming year, there's another far more …

Business

Some Dark Clouds in the February Jobs Data

Has the U.S. economy finally achieved that elusive so-called escape velocity?<p>Sure, Federal Reserve Chairman Jerome Powell said in testimony to Congress on Feb. 27 that "some of the headwinds the U.S. economy faced in previous years have turned into tailwinds," comments that led market participants …

Federal Reserve

Jobs Report Should Keep Fed on Path of Gradual Rate Increases

The February employment report keeps the Federal Reserve on track to gradually raise interest rates and, more importantly, it suggests officials don’t have to worry right now that the economy is overheating even though unemployment remains historically low.<p>Fed officials are looking for signs they …

Federal Reserve

Fed Top Brass Is Keenly Watching These Jobs Day Data Points

New Federal Reserve Chairman Jerome Powell feels good about the U.S. labor market, based on his recent congressional testimony. It’s been adding jobs …

Federal Reserve

Top Democrats Pressure New York Fed Over Search for Next Chief

Top Democratic lawmakers are piling pressure on the Federal Reserve Bank of New York to consider a diverse slate of candidates as the search for its …

Sherrod Brown

Another White House Shakeup; Markets Head To Downside Early

The markets seem to be poised to tumble at the open, following a post-market deep dive yesterday that appeared to be prompted by reports that National Economic Council Director Gary Cohn was resigning from the White House.<p>In the early going, the Dow Jones Industrials was pointing to a triple-digit …

Markets

Brainard Suggests Growth Tailwinds May Speed Fed Rate Hike Pace

Federal Reserve Governor Lael Brainard, one of the central bank’s most ardent doves, sounded optimistic about the U.S. economy’s outlook and …

Economics

Market technicals point to lower prices for US equities: trader

By <i>Peter Kenny, chief market strategist for Global Markets Advisory Group and owner of KennysCommentary.com</i><p>President Trump’s tariff talk provides …

Stock Markets

U.S. economy's 'headwinds shifting to tailwinds': Fed's Brainard

NEW YORK (Reuters) - Things are looking up for a U.S. economy that struggled in recent years to boost growth and inflation, so the Federal Reserve should expect to gradually raise interest rates, an influential Fed governor said on Tuesday.<p>FILE PHOTO: Federal Reserve Board Governor Lael Brainard …

Federal Reserve

Here's What We Learned From Powell's First Fed Chair Testimony

© Bloomberg. Jerome Powell, chairman of the U.S. Federal Reserve, walks out of the Rayburn House Office building after a House Financial Services …

Federal Reserve

Jerome Powell sworn in as chairman of Federal Reserve

Jerome Powell has been sworn in as the 16th chairman of the Federal Reserve in a brief ceremony in the Fed's board room. In a short video message, …

Jerome Powell

Text of Fed's January Monetary Policy Statement

Information received since the Federal Open Market Committee met in December indicates that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. Gains in employment, household spending, and business fixed investment have been solid, and the …

Economics