Temporarily UnavailableQuitting TimeThis Is UncomfortableI've Always Wondered ...Make Me Smart Daily

Loading...

0:00
0% played
Run into more customer service bots lately? Let Marketplace Tech know. More info
Stories Tagged as

Federal Reserve

Big banks set to give investors good earnings news

by Andy Uhler
Jan 10, 2022
Bank investors expect continued strength in 2022 because yields on loans could rise along with Federal Reserve rate hikes.
Bank profits may increasingly be driven by trading, investment and cryptocurrency rather than consumer lending.
Justin Sullivan via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

A look at the Federal Reserve's historical lack of diversity

by Nancy Marshall-Genzer
Jan 5, 2022
There wasn't a Black member of the Fed's board of governors until 1966. Part of the problem: too much emphasis on Ivy League economists.
“If you’re intentionally creating a talent pool that is nondiverse, then you’re probably going to end up with a nondiverse outcome," Georgetown Law professor Chris Brummer says. Above, the Federal Reserve building in Washington, D.C.
Daniel Slim/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Where inflation may linger

by Lily Jamali
Dec 15, 2021
Despite Federal Reserve action, inflation may persist for homes, but gasoline and food prices may respond more quickly.
Apartment buildings in Miami. Inflation might persist in the shelter category despite Federal Reserve action, some experts say.
Joe Raedle via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

The Fed has ways to put the brakes on rising prices

by Samantha Fields
Dec 14, 2021
Most of them need a little time to slow the economy down.
To curb inflation, the central bank can reduce bond buying, raise interest rates and try to influence consumers' expectations and behavior.
Daniel Slim/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

How Fed "tapering" can make mortgages more expensive

by Sabri Ben-Achour
Dec 2, 2021
It opens the door to interest rate hikes.
Homebuyers have been benefiting from low interest rates. The Federal Reserve's plan to reduce bond purchases may change that.
Saul Loeb/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Biden seeks to keep Powell in place, elevate Brainard at Federal Reserve

by Sabri Ben-Achour
Nov 22, 2021
Brainard will be nominated for vice chair. The two officials typically agree on monetary policy but sometimes diverge on regulation.
President Joe Biden names Jerome Powell, left, as his nominee for Federal Reserve chair and Lael Brainard, right, as vice chair.
Jim Watson/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Yellen says high inflation is temporary. And if it isn't?

by Sabri Ben-Achour
Oct 25, 2021
Treasury Secretary Janet Yellen says inflation should ease by next year, but anxiety about that is still running high.
U.S. Treasury Secretary Janet Yellen addresses a hybrid meeting in October 2021. Yellen has reiterated her belief that current inflation is only temporary.
Chip Somodevilla via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

The future is bright … let’s make it even brighter together.

Be a Marketplace Investor with a donation in any amount today.

Invest in marketplace

Is Jerome Powell's job as Federal Reserve chair in jeopardy?

by Kai Ryssdal and Sean McHenry
Oct 20, 2021
Critics have intensified calls for a new Federal Reserve chair following Powell's financial disclosures, says Rachel Siegel of The Washington Post.
Some are calling for a new Fed Chair following release of Powell's financial disclosures. Above, Fed Chair Jerome Powell visiting Capitol Hill on Oct. 6.
Kevin Dietsch via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

What does the Federal Reserve board of governors do, besides voting on interest rates?

by Nancy Marshall-Genzer
Oct 15, 2021
There are seven members of the board of governors. Usually.
Randal Quarles, a member of the Federal Reserve board of governors, was vice chair for supervision at the central bank until this week. The Fed said that position would go unfilled.
Lintao Zhang via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Will the Fed use regional openings to diversify its leadership?

by Nancy Marshall-Genzer
Oct 7, 2021
A group of directors at each regional bank is in charge of forming a search committee to hire a new president.
Federal Reserve Chairman Jerome Powell has expressed support for diversifying the regional Fed banks.
Kevin Dietsch via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE