Federal Reserve System (U.S.) News Monitoring

The Fed has to get ready for interest rate cut – there are no other options

TLDR The Federal Reserve is likely to lower interest rates early next year due to a slowdown in job growth and a cooling demand for workers. Despite a robust job market, there’s no significant addition to inflationary pressures, aligning with the Fed’s …

Perfect timing? Bitcoin halving meets macro conditions and ETF hopes

TLDR BTC rallies near $44,000 amid broader crypto market upswing, with Ether showing a significant 25% monthly gain. The upcoming halving in April 2024, coinciding with potential Federal Reserve policy shifts, could trigger a major market shift. Enthusiasm …

OCC’s Semiannual Report Highlights Emerging Risk of AI in Banking

On December 7, the Office of the Comptroller of the Currency (OCC) published the fall edition of its Semiannual Risk Perspective, which discusses key issues facing banks. From the OCC’s perspective, the overall strength of the banking system remains sound …

HAMISH MCRAE: Time for a Santa rally as markets sniff turning point in inflation

By Hamish Mcrae Updated: 16:51 EST, 9 December 2023 Ho-ho-ho, Santa Claus is back in town. No, not a re-release of Elvis Presley's 1957 rock 'n' roll Christmas celebration, but rather an early version of a classic 'Santa rally' for …

Federal Reserve will keep rates high until at least Q2 2024

The Federal Reserve plans to maintain high interest rates at least until the third quarter of 2024, diverging from Wall Street’s earlier expectations. Economists forecast a modest rate cut by the Fed in 2024, possibly only half a percentage point, amidst …

Here is the Testimony from Jamie Dimon, CEO of JP Morgan, Delivered to the US Senate Banking Committee

December 8, 2023 @ 9:55 am By JD Alois This week, the Chief Executives of the largest banks in the United States visited with the US Senate Banking Committee for the Annual Oversight of Wall Street Firms. Much of the discussion revolved around the “Basel 3 …

How U.S. jobs data backs Fed’s high-interest rate approach

TLDR U.S. job growth in November exceeded expectations, reinforcing the Federal Reserve’s high-interest rate policy. The decrease in unemployment rate to 3.7% indicates a strong labor market, challenging hopes for early rate cuts. Persistent wage growth …

How the $20 Bill Has Changed Since 1976

CoinWeek Streaming News is brought to you by NGC. For information about NGC’s current grading specials and services, as well as to look up certs, pricing information, and current populations, visit www.ngccoin.com. * * * CoinWeek editor Charles Morgan …

The View From Mont Pelerin

The Mont Pelerin Society held its 2023 annual meeting at the same venue as the historic 1944 Bretton Woods international monetary conference, the Mount Washington Resort in Bretton Woods, New Hampshire. The conference was held from October 29 to November 1 …

Week Ahead: Inflation data, US Fed policy, FII mood among key market triggers as Nifty 50 tests 21,500 this week

Domestic equity benchmarks reported their longest weekly winning streak in three years, as they rallied to record high levels on the back of strong macroeconomic data, a drop in oil prices and the hawkish rate pause by the Reserve Bank of India (RBI). …

‘India likely to be most expensive market in the world’, says Zerodha co-founder Nikhil Kamath

“In the long term, it likely has a lot of potential. In the very short term, the cost of capital is quite high today; so things might remain tight. But over a 10 to 20-year period, it looks good for India," Kamath said in an interview with ET Now. …

20 People to Know in Banking: Russell Mills, Federal Reserve Bank of Cleveland

How Are Normal People Thinking About Bitcoin? Bloomberg Investigates

Despite Bitcoin (BTC)’s stellar performance this year, its role in an average investor’s portfolio is still questionable, according to Bloomberg. In an opinion piece published for the outlet on Friday, financial analyst and crypto advisory expert Aaron …

Banking leaders cautiously optimistic about Upstate’s economic prospects

With high interest rates tightening lending and two major military conflicts in sensitive parts of the world threatening international stability, the global economic outlook going into next year is marked with uncertainty. That uncertainty will affect the …

Decentralization forces politicians like Sen. Warren to hate Bitcoin | Opinion

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. US presidential hopeful Vivek Ramaswamy recently said Senator Elizabeth Warren’s (D-Mass.) stance on …

A mobile banking app is paying up to 5.50% APY — the highest savings rate available nationally right now

Our experts answer readers' banking questions and write unbiased product reviews (here's how we assess banking products). In some cases, we receive a commission from our partners; however, our opinions are our own. Terms apply to offers listed on …

Innovation, Michael S. Gibson, Federal Reserve Director, Division Of Supervision And Regulation, Before The Subcommittee ...

Chairman Hill, Ranking Member Lynch, and members of the subcommittee, thank you for the opportunity to discuss supervision and regulation as it relates to innovation in the financial system.   The Federal Reserve is committed to supporting responsible …

Global banks forecast improved investment banking outlook

A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights NEW YORK, Dec 5 (Reuters) - Global bank executives said that dealmaking conditions have begun to …

20 People to Know in Banking: Victor Notaro, Citizens

As managing director and market executive for Mid Corporate Banking at Citizens, Victor Notaro leads business development and client management, as well as attracting and developing talent. He moved to his current role in April 2022, but has been with …

Lendo Secures $28M in Series B Funding Led by Sanabil Investments, Gears Up for IPO

RIYADH, SAUDI ARABIA, December 10, 2023 /⁨EINPresswire.com⁩/ -- Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B funding led by Sanabil Investments, a wholly-owned …

Entrepreneur Terry Clune recognised as Irish Business Person of the Year

CluneTech CEO and founder of tech unicorn, TransferMate, sold leading payroll company Immedis to UKG in one of Ireland’s largest technology deals of 2023 DUBLIN, IRELAND, December 10, 2023 /⁨EINPresswire.com⁩/ -- CluneTech founder and CEO, Terry …

Encore Law Leads in Timeshare Exit Services with Over $20 Million in Client Refunds

Setting the Standard in Timeshare Dissolution with Personalized Solutions and Proven Results. UNITED STATES, December 9, 2023 /⁨EINPresswire.com⁩/ -- In the competitive market of timeshare exit services, Encore Law Legal Network emerges as a front …

Carboless Announces its Middle East dMRV and Carbon Registry Services using Verdana’s EcoConsortium Platform

DUBAI, UAE, December 9, 2023 /⁨EINPresswire.com⁩/ -- COP28, Dubai: Carboless Pvt Ltd announced today that it will offer digital carbon registry services in the Middle East, to project owners, developers, standards bodies and government departments …

What is a Single Member IRA LLC and How Does It Work

A Single Member IRA LLC can completely change how investors prepare for retirement, according to a recent post by American IRA. ASHEVILLE, NC, US, December 9, 2023 /⁨EINPresswire.com⁩/ -- The typical way most retirement investors put money away is …

تركيا قد تستضيف دول الخليج في قطاع التكنولوجيا المالية

ISTANBUL, TURKEY, December 9, 2023 /⁨EINPresswire.com⁩/ -- اعتبرت الزيارات الأخيرة التي قام بها الرئيس رجب طيب أردوغان إلى الإمارات العربية المتحدة وقطر خطوة مهمة في زيادة تطوير التعاون بين الدولتين. كما أعرب عالم الأعمال المرافق للرئيس أردوغان …

roiquant awards USD $50,000 to winners of 2023 preseed startup competition

Three startup winners get USD $82,700 worth of cash and in-kind prizes to boost their growth BANDAR SERI BEGAWAN, BRUNEI, December 9, 2023 /⁨EINPresswire.com⁩/ -- roiquant, an intelligent decision support system for early-stage startup founders, …

Community Cloud Market Current Trends and Future Scenarios 2023-2032 | Cisco Systems, Inc., Atos SE, Broadcom

WILMINGTON, DE, UNITED STATES, December 9, 2023 /⁨EINPresswire.com⁩/ -- The community cloud market was valued at $4.7 billion in 2022, and is estimated to reach $82.9 billion by 2032, growing at a CAGR of 33.6% from 2023 to 2032. A community …

SCDC Introduces Janette Herring as CFO of S.H.A.R.E. Manufacturing Innovations

HOUSTON, TEXAS, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- S.H.A.R.E. Community Development Corp (SCDC) proudly announces the appointment of Janette Herring as Chief Financial Officer (CFO) of its subsidiary, S.H.A.R.E. Manufacturing …

Notice to American Trust Investment Services Customers Who Suffered Losses in GWG L Bonds: Contact KlaymanToskes

American Trust Investment Services Customers: KlaymanToskes Continues to File Claims for GWG L Bond Investors NEW YORK, NY, USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- National investment loss attorneys KlaymanToskes continues to investigate …

iFinance and Hear Right Canada Partner to Broaden Affordable Hearing Care Nationwide

Strategic collaboration focuses on expanding financial options for essential hearing services. TORONTO, ONTARIO, CANADA, December 8, 2023 /⁨EINPresswire.com⁩/ -- iFinance, specializing in financial technologies, is thrilled to announce a strategic …

Website Closers Finds A New Home For 19-Year-Old SaaS Health Marketing Company Profit Partners LLC

TAMPA, FLORIDA, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- WebsiteClosers.com, the world’s largest Technology and Internet-focused Business Brokerage, is pleased to announce the successful sale of Profit Partners LLC, a renowned SaaS …

Notice to Centaurus Financial Customers Who Suffered GWG L Bond Investment Losses: Contact KlaymanToskes

KlaymanToskes Offers GWG L Bond Recovery Options for Centaurus Financial Customers who Suffered Investment Losses NEW YORK, NY, USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- National investment loss attorneys KlaymanToskes continues to investigate …

CREDIT ONE BANK SURPRISES LOCAL FAMILIES WITH ‘NUMBER ONE FAN’ EXPERIENCE AT VEGAS GOLDEN KNIGHTS GAME

Credit One Bank continues its community enrichment program by giving VIP treatment to two families from the Candlelighters Childhood Cancer Foundation LAS VEGAS, NEVADA, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Credit One Bank, a …

Best 5 Gold IRA Companies Announces Top Gold IRA Companies for 2024

A Comprehensive Online Resource for Retirement Super Savers Considering Gold VALLEY CITY, ND, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Best 5 Gold IRA Companies, a leading online resource for retirement super savers seeking to …

Notice to Arete Wealth Management Customers Who Purchased GWG L Bonds: Contact KlaymanToskes

Arete Wealth Management Customers: KlaymanToskes Continues to File Claims for GWG L Bond Investors NEW YORK, NY, USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- National investment loss attorneys KlaymanToskes continues to investigate Arete Wealth …

Westgard Capital’s Partnership with Engagedly Set to Enable the Future of Work

Leveraging Westgard's Proprietary M&A Playbook, Engagedly Expands Into High Growth Non-Desk Worker Segment Without An Expensive Price Tag LOS ANGELES, CA, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Los Angeles-based investment …

In Smith County, The 2023 Tax Year Property Tax Appeals Caused A Considerable $28.6 Million In Savings

The availability of the most recent hearing outcomes allowed O'Connor to compile this analysis of the benefits and cons of Smith County tax appeals. HOUSTON, TEXAS, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Property owners in …

Active Sensing, A Pioneer in PLM Solutions, Finds New Leadership in Strategic Acquisition Through Website Closers

This acquisition not only signifies a strategic move in the software solutions sector but also reflects the enduring impact of Active Sensing in providing tools TAMPA, FLORIDA, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Active Sensing …

Neurodiversity at the Forefront: Maxwell Huffman Rises to Director of Operations at Aspiritech

Maxwell Huffman's rise to Director at Aspiritech underscores universal lessons to create inclusive workplaces and build organizational success. CHICAGO, ILLINOIS, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Aspiritech Promotes …