Articles by Riley Steward
Banxico cuts rates by 25bp
Mexican central bank says risks are tilted to the upside
Central Bank of Brazil cuts rate by 50bp
Copom says it expects to do the same at its next meeting in May
FOMC holds rates again
Experts say Federal Reserve faces difficult choices despite easing inflation
Bank of Jamaica says free concerts help comms strategy
Central bank has run lunch-hour reggae concerts for two decades to engage with public
Fed holds rates and dampens expectations of March cuts
Powell says FOMC is unlikely to agree on early loosening but rates are likely at their peak
Internal investigation criticises former Boston, Dallas Fed chiefs
Report says officials created appearance of conflict of interest, but stops short of alleging criminality
Lower immigration affecting US household spending power
Low immigration has contributed to increased prices of consumer goods, argues Atlanta Fed
Reasons for refusing mortgages ‘do not explain racial disparity’
Minneapolis Fed’s study challenges explanations given for why people of colour are treated differently
Local preferences affect US bank lending to minorities – research
Ethnic minorities’ credit access is affected by stakeholders, NY Fed paper finds
Fed paper presents new way to measure consumer welfare
Consumer preferences change in line with incomes, researcher argues
Alberto Musalem becomes St Louis Fed president
Musalem will start on April 2 and be a voting member of FOMC in 2025
Heatwave cost Texas 1% of GDP in 2023, says Dallas Fed research
Higher temperatures have significant effects on productivity, but less on jobs, paper finds
CBDC features will have financial stability effects – Fed paper
Design choices could cut chance of bank runs and disintermediation, authors say
Treasuries market is robust, NY Fed officials tell conference
Financial markets need more data transparency, though
US cash usage may have hit its floor, says Boston Fed
Consumers prefer credit cards, the top payment method in 2022, for online payments
CBDCs could challenge foundations of monetary economics, says Tombini
BIS Americas chief thinks digital currencies could co-exist with other rapid payment systems
Fed holds rates steady again
Powell said the question the committee is asking is should it hike rates more
Fed proposes lowering permitted debit card fees
Proposal draws ire from Michelle Bowman and banking trade associations
How did Minneapolis become the first US city with 2% inflation?
Experts from the Minneapolis city government and Federal Reserve Bank stress housing options
Soma manager predicts transition success for US reserves
Roberto Perli said short-term funding markets will likely not see significant disruptions
Bond market turmoil could aid Fed policy, say FOMC members
Phillip Jefferson and Lorie Logan say financing points to strong economic momentum
Federal Reserve Board joins Instagram and Threads
Move to social media platforms follows those by regional Feds and other central banks
Bank of Canada researchers claim breakthrough in credentialisation
System’s creators use a Merkle tree to create “secret-free and quantum-safe” method
‘Buy now, pay later’ may target the financially fragile – NY Fed
Researchers warn sector may not be resilient