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Federal Reserve Bank of Chicago
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Federal Reserve Bank of Chicago News

Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
JD SupraSeptember 26, 2022

The Fed isn’t giving the economy time to absorb its rate increases before imposing more pain. That could leave people jobless for no reason.

Hiltzik: To slow inflation, should the Fed kill jobs?
JD Supra
Hiltzik: To slow inflation, should the Fed kill jobs?
https://www.latimes.com/business/story/2022-09-26/hiltzik-column-fed-rate-increases-risk-job-losses
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
JD SupraSeptember 26, 2022

Susan Collins, the new president of the Federal Reserve Bank of Boston, said says that a higher unemployment rate will be needed to bring down inflation from unusually high levels, but suggested any economic downturn would likely be modest.

Boston Fed’s Collins says ‘higher unemployment’ needed
JD Supra
Boston Fed’s Collins says ‘higher unemployment’ needed
https://www.wect.com/2022/09/26/boston-feds-collins-says-higher-unemployment-needed/
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
JD SupraSeptember 26, 2022

September 23, 2022- The European Banking Authority (EBA) launched its annual EU-wide transparency exercise, as part of its efforts to...

Daily Financial Regulation Update -- Saturday, September 24, 2022 | Paul Hastings LLP
JD Supra
Daily Financial Regulation Update -- Saturday, September 24, 2022 | Paul Hastings LLP
https://www.jdsupra.com/legalnews/daily-financial-regulation-update-9137641/
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
National PostSeptember 24, 2022

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Federal Reserve Events
National Post
Federal Reserve Events
https://nationalpost.com/pmn/news-pmn/federal-reserve-events-933
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
Bollyinside - Breaking & latest News worldwideSeptember 22, 2022

The Wyoming-based bank filed suit against the Federal Reserve in June, arguing that the Fed’s refusal to make a decision is unlawful and discriminatory against crypto institutions.

Republican Lawmakers File Amicus Brief in Support of Custodia Bank’s Legal Battle With the Federal Reserve
Bollyinside - Breaking & latest News worldwide
Republican Lawmakers File Amicus Brief in Support of Custodia Bank’s Legal Battle With the Federal Reserve
https://www.coindesk.com/policy/2022/09/22/republican-lawmakers-file-amicus-brief-in-support-of-custodia-banks-legal-battle-with-the-federal-reserve/
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
Bollyinside - Breaking & latest News worldwideSeptember 22, 2022

Dear Regular Americans, As forecast, the Federal Reserve Board, which IS the face of the ruling class in USA, has raised the cost of money by another .75% on Wednesday 21 September 2022. They are doing this to influence “sentiment,” in financial market...

Federal Reserve, Face of the Ruling Class, will induce a Hard Recession timed for the 2022 Election
Bollyinside - Breaking & latest News worldwide
Federal Reserve, Face of the Ruling Class, will induce a Hard Recession timed for the 2022 Election
https://www.dailykos.com/story/2022/9/22/2124618/-Federal-Reserve-Face-of-the-Ruling-Class-will-induce-a-Hard-Recession-timed-for-the-2022-Election
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
Bollyinside - Breaking & latest News worldwideSeptember 22, 2022

***Denotes a new entry. ——————————————————–

Federal Reserve Events
Bollyinside - Breaking & latest News worldwide
Federal Reserve Events
https://nationalpost.com/pmn/news-pmn/federal-reserve-events-931
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
Bollyinside - Breaking & latest News worldwideSeptember 22, 2022

A gauge of future U.S. economic activity declined for a sixth straight month in August, potentially signaling a recession amid large interest rate increases from the Federal Reserve.

U.S. leading indicator falls for sixth consecutive month in August
Bollyinside - Breaking & latest News worldwide
U.S. leading indicator falls for sixth consecutive month in August
https://www.reuters.com/markets/us/us-leading-indicator-falls-sixth-consecutive-month-august-2022-09-22/
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
Bollyinside - Breaking & latest News worldwideSeptember 22, 2022

IBM Chairman and Chief Executive Officer Arvind Krishna has been elected to the Board of Directors of the Federal Reserve Bank of New York. The Federal

IBM Chairman and Chief Executive Officer Arvind Krishna has been elected to the Board of Directors of the Federal Reserve Bank of New York. The Federal
Bollyinside - Breaking & latest News worldwide
IBM Chairman and Chief Executive Officer Arvind Krishna has been elected to the Board of Directors of the Federal Reserve Bank of New York. The Federal
https://www.bollyinside.com/news/arvind-krishna-chairman-of-ibm-was-elected-to-the-federal-reserve-bank-of-new-yorks-board-of-directors
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
The West AustralianSeptember 19, 2022

The value of the dollar has been on a tear for more than a year against everything from the British pound in Europe to the South Korean won across in Asia.

How the strong US dollar can affect everyone
The West Australian
How the strong US dollar can affect everyone
https://www.foxbusiness.com/money/strong-us-dollar-can-affect-everyone
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
The West AustralianSeptember 19, 2022

As inflation pounds the economy, some experts predict a rise in unemployment—but that’s not necessarily bad news for everyone. Even workers who have been laid off may have an advantage in a market where demand is still outrunning supply. Forbes Advisor informally surveyed a wide range of industry

Will Unemployment Rise Amid Pressing Inflation?
The West Australian
Will Unemployment Rise Amid Pressing Inflation?
https://www.forbes.com/advisor/personal-finance/unemployment-forecast-fourth-quarter/
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
The West AustralianSeptember 19, 2022

Late penalties on credit cards are set to rise 9% in 2023 under current rules that allow for increases tied to the Consumer Price Index. But Consumer Financial Protection Bureau Director Rohit Chopra says he wants to issue a regulation that could undo that inflation-related exception to limits on…

CFPB plans rule next year to toughen caps on credit card late fees
The West Australian
CFPB plans rule next year to toughen caps on credit card late fees
https://www.americanbanker.com/news/cfpb-plans-rule-next-year-to-toughen-caps-on-credit-card-late-fees
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
The West AustralianSeptember 19, 2022

On August 10, more than 70 economists, including Nobel laureate Joseph Stiglitz, former economy minister for Argentina Martín Guzmán, and myself, sent a

The US Response to the World's Worst Humanitarian Crisis: Seize and Privatize
The West Australian
The US Response to the World's Worst Humanitarian Crisis: Seize and Privatize
https://www.counterpunch.org/2022/09/19/the-us-response-to-the-worlds-worst-humanitarian-crisis-seize-and-privatize/
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
The West AustralianSeptember 19, 2022

Already expecting the highest peak of the major banks, Westpac’s economists now expect the Reserve Bank board to push the cash rate to its highest in more than a decade by next year.

Reserve Bank of Australia cash rate hikes to peak at 3.6 per cent, Westpac economists expect
The West Australian
Reserve Bank of Australia cash rate hikes to peak at 3.6 per cent, Westpac economists expect
https://thewest.com.au/business/economy/reserve-bank-of-australia-cash-rate-hikes-to-peak-at-36-per-cent-westpac-economists-expect-c-8288711
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
BusinessWorld OnlineSeptember 18, 2022

The Federal Reserve and several global counterparts will launch a rapid-fire attack on inflation in the coming week as their commitment to bringing consumer prices under control gets ever more resolute.

US Federal Reserve to lead 500 basis point global assault on inflation
BusinessWorld Online
US Federal Reserve to lead 500 basis point global assault on inflation
https://thewest.com.au/business/economics/us-federal-reserve-to-lead-500-basis-point-global-assault-on-inflation-c-8275449
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
BusinessWorld OnlineSeptember 18, 2022

News, analysis and comment from the Financial Times, the worldʼs leading global business publication

Central banks set to hit peak rates at faster pace
BusinessWorld Online
Central banks set to hit peak rates at faster pace
https://www.ft.com/content/3d7bfcdd-512d-4d67-8daf-52308db94c37
Federal Reserve Bank of Chicago logo
Federal Reserve Bank of Chicago
BusinessWorld OnlineSeptember 18, 2022

FOX Business takes a look at the upcoming events likely to move financial markets in the coming days, including the Fed’s latest decision on interest rates.

Costco, FedEx earnings, Fed decision, existing home sales top week ahead
BusinessWorld Online
Costco, FedEx earnings, Fed decision, existing home sales top week ahead
https://www.foxbusiness.com/markets/costco-fedex-earnings-fed-decision-existing-home-sales-top-week-ahead