Asian Central Banks Face Policy Dilemma From Fed Rate-Cut Delay, FX Crunch A surprise rate increase by Indonesia’s central bank underlines expectations that the start of monetary policy easing is looking increasingly far off for many Asian central banks, if it is on ... 04/23/2024 - 11:57 pm | View Link
Fed says 1,804 banks and other institutions tapped emergency lending facility About 95% of the borrowers, which included banks, credit unions, savings associations, and branches and agencies of foreign banks, had less than $10 billion in assets, the U.S. central bank said ... 04/19/2024 - 9:07 am | View Link
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It. The episode is fueling a rethink of the so-called discount window, which dates to the founding of the Federal Reserve in 1913 and is its primary channel for lending directly to banks. At present ... 04/18/2024 - 11:30 pm | View Link
Less than half of U.S. banks ready to borrow from Fed in emergency (Reuters) -A year after Silicon Valley Bank's failure, less than half of U.S. banks have established borrowing capacity by pledging collateral at the Federal Reserve's emergency lending facility ... 04/12/2024 - 10:42 am | View Link
Why the Fed risks relearning the painful inflation lessons of the 1970s The resulting volatility leaked into equities — particularly the interest rate-sensitive areas of real estate, utilities, and regional banks ... Paul Volcker was installed as Fed chair ... 04/10/2024 - 7:01 pm | View Link
Why did SD Governor Kristi Noem decide to publish her story about killing her allegedly 'untrainable' dog? Her state's Senate Minority Leader offers three theories: Inoculation from others telling it; lifting her national profile - and distraction from her governing record.
Without cameras on Hope Hicks' testimony, media outlets were left with only a transcript to analyze why she broke down in tears. "It's a mistake to say Hope Hicks cried because she knew she just ended Donald Trump's career," says Elie Honig, "or she cried because she had just collapsed on cross-examine.
Reproductive rights organizers in two states with near-total abortion bans, Missouri and South Dakota, submitted roughly double the signatures needed to allow ballot measures that would put abortion before voters.
In South Dakota, organizers have submitted 55,000 signatures in support of the ballot measure granting a limited right to abortion—far more than the 35,000 required.