Annual Fed stress test projects over US$600 billion in bank losses
It’s ‘absolutely essential’ to ‘restore price stability,’ Fed chair tells lawmakers
Fed finds surge in SPACs and traditional IPOs drove 28% increase in listings
The Federal Reserve hiked its benchmark short-term rate to a range of 1.5% to 1.75%
The observations came in the Fed's semiannual Financial Stability Report
The central bank would be open to raising rates by a half-point at multiple Fed meetings, Powell said
Commodities price shock clouds the economic outlook
Fed-issued crypto could raise risks to funds in stressed markets
Energy price shock isn't likely to be a catalyst for recession
The opposition to her nomination has come mainly from the energy industry