Fed | iCloud.Info

Fed

Fed Chair Jerome Powell reportedly blocked a statement on regulatory flaws that led to SVB's collapse

Fri, 03/17/2023 - 13:32

jerome powell — Chairman of the Federal Reserve nominee Jerome Powell testifies during his confirmation hearing before the Senate Banking, Housing and Urban Affairs Committee November 28, 2017 on Capitol Hill in Washington, DC.
Alex Wong/Getty

Markets, MI Exclusive, Silicon Valley Bank collapse, SVB, Banking Crisis, Financial Crisis, Banking Regulation

Billionaire investor Bill Ackman says US banks depositing $30 billion into First Republic creates a 'false sense of confidence'

Fri, 03/17/2023 - 06:38

Bill Ackman, CEO of Pershing Square Capital, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 17, 2017. — Billionaire investor Bill Ackman calls for a temporary systemwide bank deposit guarantee immediately.
REUTERS/Mike Blake

News, finance, Markets, Silicon Valley Bank, SVB, Bank Run, First Republic

Banks borrowed a record $153 billion from the Fed as SVB's collapse rocked Wall Street

Fri, 03/17/2023 - 06:36

Federal Reserve Building — In this May 22, 2020, file photo, a car drives past the Federal Reserve building in Washington.
Patrick Semansky/AP Photo

Markets, MI Exclusive, SVB, Silicon Valley Bank collapse, Wall Street, Fed, Lending

Bank turmoil drags oil prices down to 15-month low

Thu, 03/16/2023 - 09:55

us oil refinery — REUTERS/Donna Carson

Markets, MI Exclusive, oil prices, Brent Crude, WTI, energy, bank crisis

The US is heading for a credit crunch and now is the time to buy gold and bitcoin, Galaxy CEO Mike Novogratz says

Wed, 03/15/2023 - 13:09

Mike Novogratz — Lucas Jackson/Reuters

Markets, MI Exclusive, Mike Novogratz, Silicon Valley Bank, SVB, Signature Bank, Silvergate Bank

The Fed should keep up the fight against inflation as SVB collapse is not like the 2008 crisis, Morgan Stanley Wealth Management CIO says

Wed, 03/15/2023 - 12:40

Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill in Washington, Tuesday, March 7, 2023. — Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing on Capitol Hill in Washington, Tuesday, March 7, 2023.
AP Photo/Andrew Harnik

Markets, MI Exclusive, Jerome Powell, Inflation, inflation powell, Fed, Federal Reserve

A top real estate economist breaks down how the Silicon Valley Bank failure can push more homebuyers into the housing market as mortgage rates fall faster than expected

Wed, 03/15/2023 - 11:51

home for sale — Justin Sullivan/Getty Images

Markets, MI Exclusive, Homes, SVB, Silicon Valley Bank, housing rebound, housing crash

Dow tumbles nearly 500 points as Credit Suisse stokes fears of bank failure contagion

Wed, 03/15/2023 - 09:36

traders NYSE — Scott Olson/Getty Images

Markets, MI Exclusive, Stock market news today, Dow, sp500, Silicon Valley Bank, Credit Suisse

US stocks rise as bank shares rebound and CPI shows inflation continues to cool

Tue, 03/14/2023 - 16:19

Stock trader Greg Rowe Traders works on the floor of the New York Stock Exchange during morning trading on November 17, 2022 in New York City. — Michael M. Santiago/Getty Images

Markets, MI Exclusive, Stocks, stock market news, Equities, Equities Markets, SVB

The Fed says it will investigate its oversight of Silicon Valley Bank following the biggest bank failure since 2008

Mon, 03/13/2023 - 16:59

jerome powell — Federal Reserve Chairman Jerome Powell.
Alex Wong/Getty

Markets, MI Exclusive, Jerome Powell, Silicon Valley Bank, SVB, Investigation, Federal Reserve

Subscribe to Fed