Simply sign up to the US economy myFT Digest -- delivered directly to your inbox. A top Federal Reserve official has claimed the US central bank could eventually shrink its bloated $7tn balance sheet ...
Across the world — and increasingly in South Africa — cities sit at the front line of climate risk. Building climate resilience requires awareness, planning, institutional capacity, policy alignment ...
An Editor at Large: Columnist Gerard Baker draws on the tale of the vineyard owner and the two sons to explain why market reaction to Kevin Warsh’s nomination suggests he is likely to do the right ...
The world’s largest tech companies are vastly understating the economic risk tied to their data center leasing deals, according to a new report from Moody’s Ratings. At least half a trillion dollars ...
An immediate effort to unload some of the Federal Reserve's assets could do more harm than good. Fed chair nominee Kevin Warsh should first turn his attention to problems affecting banks' liquidity, ...
Back in ye olde days (pre-2008 in the United States), central bankers had not gone nuts with QE and so reserve balances were held at the minimum required. The act of purchasing bonds by the central ...
As Federal Reserve chair, Kevin Warsh could be expected to take a hammer to the central bank's balance sheet, which for years had been tied closely to the ups and downs of the stock market. However, ...
The incoming Fed chair is 'smart enough to know that a funding-market dislocation in his first months would be the worst possible headline for a new era,' says portfolio manager Former Federal Reserve ...
A key question is emerging as investors await President Donald Trump’s nominee as the next Federal Reserve chair — how the candidate will manage the central bank’s $6.6 trillion balance sheet. Much of ...
The Fed added $38 billion in short-term Treasury bills, of which $15 billion replaced MBS that came off the balance sheet in December, and $23 billion were “Reserve Management Purchases”. The Standing ...
The Federal Reserve is ready to expand its balance sheet once more by buying short-term Treasury securities, aiming to head off bouts of pressure in overnight lending markets that are critical to the ...
Tokenization is transforming corporate finance, turning the balance sheet into a dynamic, real-time system that is liquid, programmable and continuously active. As institutional-grade tokenized ...