US Federal Reserve

Federal Reserve’s Goolsbee touts importance of central bank independence 

[NEW YORK] Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday that central bank independence is very important for controlling inflation.

Kraken Financial is the company’s Wyoming-chartered bank and Payward is the legal parent.

Kraken’s banking arm becomes first crypto firm to secure payments account with Fed

Digital-asset companies have also benefited under US President Donald Trump, who has promised to make America the “crypto capital of the world”

Jobseekers speak with recruiters at a career fair in Seattle, Washington, Feb 10, 2026.

Two Federal Reserve officials do not see imminent need to change monetary policy

TWO Federal Reserve officials on Tuesday signalled no near-term appetite to change the setting of central bank interest rate policy.

The measure forms part of a larger effort to eliminate debanking, or the practice of depriving some individuals and businesses of banking services.

Fed unveils plan on eliminating reputation risk in bank exam

Regulators have said that monitoring traditional factors is the best way to prevent harm to banks’ reputations

Fed policy rate decisions have been rather fraught because of uncertainty surrounding trade tariffs and artificial intelligence, and pressure from US President Donald Trump to cut rates.
MARK TO MARKET

DBS, OCBC, UOB may grab attention as Fed shifts stance, copes with new tariff uncertainty

Even if interest rates are bottoming, the normalisation of net interest margins at the three banks may continue through 2026

Traders this year have eased back their expectations for when officials might next lower rates, though Fed funds futures contracts still suggest a cut is likely by June.

Fed minutes show several officials nod to rate-hike scenario

Trump has repeatedly said that he wants the next Fed chief to deliver lower interest rates

Kansas City Fed president Jeffrey Schmid says the central bank needs to keep rates at restrictive levels to continue putting downward pressure on inflation.

Traders reduce odds of Fed rate cut in June after January jobs surprise

Economists warn the upbeat numbers can be revised lower, and that hiring is dominated by a handful of sectors

The US dollar is unique among global currencies in that its value is driven not just by supply and demand, but also by its structural power.

Will ‘Sell America’ end the dollar’s hegemony?

State and market-led pressure to de-dollarise could become mutually reinforcing, accelerating the erosion of the greenback dominance

Research puts the burden of paying most of the tariffs on Americans, with the Yale Budget Lab saying in a report from late last month that the annual median cost of the taxes stands at around US$1,400 per household.

Fed’s Miran says data suggests Americans aren’t shouldering tariff hit

Miran’s view contradicted data showing that Americans are bearing the burden of paying for tariffs