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Waller: Rate hikes likely warranted at March meeting, balance sheet drawdown should follow on fast

Waller: Rate hikes likely warranted at March meeting, balance sheet drawdown should follow on fast

© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File Photo By Howard Schneider WASHINGTON (Reuters) -An interest rate increase will likely be warranted “shortly after” the Federal Reserve ends its bond purchases in March, and the central bank should also begin reducing its bondholdings as…

Democrats at odds over Biden’s $1.75 trillion social spending bill

Democrats at odds over Biden’s $1.75 trillion social spending bill

2/2 © Reuters. U.S. President Joe Biden smiles after signing an executive order intended to reduce bureaucracy around government services for the public, in the Oval Office at the White House in Washington, U.S., December 13, 2021. REUTERS/Evelyn Hockstein 2/2 By Richard Cowan WASHINGTON (Reuters) – U.S. Senate Democrats were struggling on Wednesday to find…

U.S. Senate approves boosting debt limit to $31.4 trillion, sends to House

U.S. Senate approves boosting debt limit to $31.4 trillion, sends to House

© Reuters. The U.S. Capitol building is seen in Washington, U.S., December 6, 2021. REUTERS/Elizabeth Frantz/Files By Richard Cowan and Susan Cornwell WASHINGTON (Reuters) -The U.S. Senate on Tuesday approved raising the federal government’s debt limit by $2.5 trillion, to about $31.4 trillion, and sent it to the House of Representatives to pass and avert…

BOJ’s Kuroda says inflation may approach 2% through ‘various channels’

BOJ’s Kuroda says inflation may approach 2% through ‘various channels’

© Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020.REUTERS/Kim Kyung-Hoon By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Haruhiko Kuroda said on Wednesday the country’s consumer inflation may approach his 2% target as…

BoE’s Bailey tells banks to be ‘especially cautious’ with crypto

BoE’s Bailey tells banks to be ‘especially cautious’ with crypto

© Reuters. FILE PHOTO: Bank of England Governor Andrew Bailey in London, Britain February 25, 2019. Kirsty O’Connor/Pool via REUTERS By Huw Jones LONDON (Reuters) -Bank of England Governor Andrew Bailey warned banks and other regulated financial firms on Monday that they should be “especially cautious” about holding volatile cryptoassets until regulators put new rules…